Close Menu
  • Home
  • Akwa ibom
  • Big Story
  • Education
  • Recruitment
  • Uncategorized
Facebook X (Twitter) Instagram
  • About Us
  • Disclaimer
  • Corrections Policy
  • Editorial Policy
  • Terms and Conditions
  • Privacy Policy
  • Contact Us
Facebook X (Twitter) Instagram
Ibom FocusIbom Focus
Subscribe
  • Homepage
  • About Us
  • Big Story
    • Crime
    • General News
    • Foreign News
    • Education
    • Politics
  • Disclaimer
  • Corrections Policy
  • Editorial Policy
  • Terms and Conditions
  • Privacy Policy
  • Contact Us
Ibom FocusIbom Focus
Home»Big Story»BREAKING: EFCC Operatives Raid Residence Of Yusuf, Arrest Him
Big Story

BREAKING: EFCC Operatives Raid Residence Of Yusuf, Arrest Him

Ibom FocusBy Ibom FocusJanuary 29, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
2023 Presidential Aspirants
Share
Facebook Twitter LinkedIn Pinterest Email
SHARE THIS:
BREAKING: EFCC Operatives Raid Residence Of Yusuf, Arrest Him

A member of the Northern Elders Forum (NEF), Prof Usman Yusuf, has been arrested by the Economic and Financial Crimes Commission (EFCC), SaharaReporters learned on Wednesday.

Sources said that Yusuf was arrested by a large number of EFCC operatives who stormed his residence on Wednesday.

“A truckload of EFCC operatives stormed Prof Usman Yusuf’s residence and arrested him,” one of the sources said.

Yusuf, a former Executive Secretary of the National Health Insurance Scheme, faced trouble during President Muhammadu Buhari’s administration following a petition submitted to the Presidency and the Federal Ministry of Health.

The petition, filed by a group, accused him of 12 counts of misconduct and fraudulent practices.

The allegations included misappropriation of funds, nepotism, misconduct, blatant disregard for higher authority, and the use of inappropriate language toward a senior officer.

Yusuf was accused of mismanaging N860 million allocated for training by the agency in 2016, blatantly disregarding procurement rules in awarding contracts for e-library equipment, granting a media consultancy contract to his brother, and colluding with the agency’s heads of finance and audit to authorize payments to contractors before goods were supplied.

Mr. Yusuf was also accused of violating regulations by granting financial assistance to an individual who was not enrolled in the NHIS while denying the same support to a staff member of the scheme, who later passed away.

Additionally, he was alleged to have approved N210 million for electronic media operations without following the proper procedures.

Additional allegations included exceeding the N2.5 million spending limit for the Executive Secretary without approval from the supervising ministry, facilitating the supply of fake and substandard products to the agency, inflating contract costs by over 100%, invoking then President Buhari’s name to justify disobedience to the Minister of Health, engaging in fraudulent practices in selecting an insurance broker for the scheme, and imposing a N7.2 million flat fee for the registration of Health Management Organizations (HMOs).

In May 2024, Yusuf said the Renewed Hope Agenda of President Bola Tinubu had turned to hopelessness during an interview with Channels Television’s Sunday Politics.

According to him, instead of uplifting Nigerians with a sense of hope, the Tinubu administration has only deepened their despair over the past year.

He said, “People have lost hope. It pains me to see our people lining up to collect cups of palliatives. Renewed Hope has turned into hopelessness. People have lost hope. The last one year has been a year of nothing but deception, destitution and hopelessness.

“From next week, they will start telling us their propaganda. What have they done to benefit the ordinary people?

“In a span of one year, they have brought millions of people back into multidimensional poverty, they have pushed millions more children out of school because their parents cannot pay their school fees.”

Yusuf criticised the President’s economic management team, calling them “tax collectors” rather than “economists.”

According to him, Tinubu’s economic team “looks more like tax collectors than economists”.

“Taxation does not grow economy; only production does,” he said.

Efforts to reach the EFCC spokesman, Dele Oyewale, failed as his mobile line was switched off.

SHARE THIS:
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Ibom Focus
  • Website

Related Posts

BREAKING: US Delegation Visits Nnamdi Kanu at Sokoto Detention Facility

January 9, 2026

BREAKING: Nigerian Govt Cancels ‘Cross-over Night’ Activities 

December 31, 2025

FG Confirms U.S.-Backed Airstrikes On Terrorist Camps In Nigeria 

December 26, 2025
Tag Cloud
2024 Budget AFCON 2023 APC Army Assassination Catholic Church CBN Christian Genocide Climate Change Coup Plot Davido DNA Test Donald Trump Economic Hardship EFCC Election Results Flat Earth Fuel Subsidy Future of News Golden Globes Governorship Election Gyado T Emmanuel Lawmaker Market Stories Minimum Wage Ministerial Appointment Ministerial List Mohbad MotoGP 2017 Mr. Robot Nationwide Strike NLC President Obasanjo PDP PDP Chairman Pregnant Woman Presidential Election Presidential Yacht Rivers Crisis Senate Sillicon Valley Terrorists Tinubu United Stated US




Recent Posts
  • “We’re Supporting Tinubu Because He Is Yoruba, Not Because Everything Is Going Well” — Elder Says, Tells Peter Obi What To Do October 8, 2026
  • BREAKING: NAF Aircraft Lands on Farm in Benue After Mission Against Suspected Kidnappers October 8, 2026
  • Umahi: FG’s Road Investments to Unlock Economic Opportunities Across Nigeria October 8, 2026
  • Customs CG Adeniyi Pledges Support for Nigeria’s $1tn Economy Target October 8, 2026
  • ‘We Are Here to Promote APC, Nothing Else’ Tinubu’s Wife Rejects Wike October 8, 2026
Search
Ibom Focus
Facebook X (Twitter) Instagram Pinterest Vimeo YouTube
  • About Us
  • Disclaimer
  • Corrections Policy
  • Editorial Policy
  • Terms and Conditions
  • Privacy Policy
  • Contact Us
© 2026 Ibom Focus. Designed by Domo Tech Media.

Type above and press Enter to search. Press Esc to cancel.