Metro
EFCC Raids Lagos Building, Arrest 792 Internet Fraudsters in One Fell Swoops
The Economic and Financial Crimes Commission (EFCC) says it has carried out its largest single-day operation against cryptocurrency and romance scam networks, arresting 792 suspects in Lagos.
The EFCC Director of Public Affairs, Wilson Uwujaren, disclosed during a press briefing that the operation, conducted at a seven-storey building known as the Big Leaf Building at No. 7, Oyin Jolayemi Street, Victoria Island, led to the apprehension of 193 foreign nationals, including 148 Chinese, 40 Filipinos, two individuals from Kharzartan, one Pakistani, and one Indonesian.
He said the raid followed months of surveillance and intelligence gathering on the syndicate’s activities.
Uwujaren described the building as designed to mimic a corporate financial headquarters, was allegedly used to train Nigerian recruits in romance and investment scams.
The official said the investigators found the building equipped with high-end desktop computers, and over 500 SIM cards were recovered from just one floor.
He stated that the syndicate reportedly recruited Nigerian youths with advanced computer skills, training them for two weeks on impersonation techniques to target victims in the United States, Canada, Mexico, and Europe.
Uwujaren explained that the recruits created fake online profiles to lure victims through platforms like WhatsApp, Instagram, and Telegram. Once trust was established, victims were directed to a fraudulent investment platform, ‘www.yooto.com’, where activation fees started at $35.
He revealed that the Nigerian recruits were unaware of the full scope of the operation.
“They worked under the supervision of foreign syndicate members and were paid either in cash or through personal accounts without formal employment contracts.
He noted that after securing victims, the recruits were cut off from the operation while the foreign kingpins completed the scams.
The director pointed out that the recovered items included desktop computers, mobile phones, laptops, and vehicles.
He revealed that the EFCC has obtained statements from the suspects and screened their devices, noting that all suspects are being detained under a valid remand warrant, with plans to arraign them in court soon.
Uwujaren highlighted the international nature of the crime, stressing the role of foreign nationals in exploiting Nigeria’s reputation and contributing to global fraud.
“This operation shows that the notion that Nigerians are solely behind these frauds is incorrect. Foreigners are leveraging our unfortunate reputation to establish criminal enterprises,” he said.
“The EFCC is collaborating with foreign partners to ensure that the arrested individuals face justice.
“There will be no hiding places for criminals in Nigeria,” he added.
The Lagos State Security Trust Fund has intensified support for community-based security with the donation of 100 anti-riot kits and 1,000 pairs of operational boots to the Lagos State Neighbourhood Safety Agency.
The high quality modern equipment was presented on behalf of the Executive Secretary/CEO, Dr. Ayodele Ogunsan, by the Director of Administration, Mr. Adegbola Lewis, to the General Manager of LNSA, Dr. Ifalade Oyekan, at the Agency’s headquarters in Oshodi.
The Lagos Neighbourhood Safety Agency plays a critical role in grassroots security as they support the police through intelligence gathering, routine patrols, and community policing initiatives across all local government areas in the state. The Corps is also tasked with maintaining law and order, detecting suspicious activities, and fostering safety awareness within communities.
The intervention is expected to further strengthen neighbourhood-level security architecture and deepen collaboration between communities and formal law enforcement agencies in State.
The Federal government has declared Friday, May 1, a public holiday to commemorate this year’s International Workers’ Day.
The Minister of Interior, Olubunmi Tunji-Ojo, made the announcement on behalf of the government.
In a statement signed by the Permanent Secretary of the ministry, Magdalene Ajani, the minister congratulated workers nationwide, commending their commitment and contributions to national development.
He noted that the dedication of Nigerian workers remains vital to the country’s growth and economic progress, urging them to sustain values of patriotism, productivity and diligence.
Tunji-Ojo also reaffirmed the government’s commitment to improving workers’ welfare, enhancing security and creating an enabling environment for economic expansion.
He called on Nigerians to remain peaceful and law-abiding during the celebration, encouraging citizens to reflect on the importance of unity and hard work in nation-building.
The Trade Union Congress (TUC) has expressed concern over the rising pressure on workers’ welfare and economic conditions of the country.
The Congress warned that it would embark on nationwide protest, if there is no improvement.
The warning was conveyed in in a communiqué jointly signed by the TUC President, Mr. Festus Osifo, and Secretary-General, Mr. Nuhu Toro, at the end of its National Executive Council (NEC) meeting in Abuja.
The Congress said the NEC meeting reviewed the state of the nation, developments within the congress, preparations for the 2026 May Day celebration, and other critical issues affecting Nigerian workers.
“The prevailing economic hardship has significantly affected the living standards of Nigerian workers, making daily survival increasingly difficult.
“We are closely monitoring the situation, and if there is no improvement, the congress will have no option but to mobilise workers in defence of their welfare.
“Government must urgently take concrete steps to address the rising cost of living and restore confidence in the economy,” it said.
The Congress said rising fuel prices, inflation, electricity tariff increases and insecurity had combined to erode workers’ purchasing power and living standards.
It noted that global developments, including the Iran–U.S. conflict, were further worsening economic pressures through higher energy costs and supply chain disruptions.
According to the TUC, Nigerian workers have not benefited from higher global oil prices but continue to face rising costs of transportation, food and essential services.
It urged the Federal Government to deploy excess crude revenue to cushion economic shocks and support vulnerable citizens.
The congress also called for urgent measures to stabilise fuel prices, improve electricity supply, and address insecurity nationwide.
It emphasised the need for policies that promote decent work, job security and social protection.
“The government must prioritise the welfare, dignity and security of Nigerian workers in all policy decisions,” it said.
The TUC further called for tax relief for manufacturing companies and workers to ease economic pressure and stimulate productivity.
On electricity, it condemned repeated tariff increases without improved service delivery and demanded fair pricing, universal metering, and an end to estimated billing.
The congress expressed concern over rising insecurity, describing it as a major threat to economic activities and workers’ safety.
It urged government at all levels to adopt coordinated, intelligence-driven strategies to protect lives, farms, businesses and critical infrastructure.
“A stitch in time saves nine,” the communiqué added.
