News
Why there’s increase in terrorism, banditry – Peterside
President of ANAP Foundation and Founder of IBTC Bank, Atedo Peterside, has stated why there is a surge of terrorism and banditry in Nigeria.
Fielding questions on ‘Prime Time’, a programme on Arise Television monitored by Ekwutosblog on Monday, Peterside said some poor people can be easily recruited into banditry and terrorism because of their poor condition.
He said that Nigeria has an income distribution problem, adding that the nation has the very wealthy and phenomenally poor.
“Sometimes you can have an economy where the big guns are doing very well, their income is going up in the stock market and all, but I’m referring to the 140 million poor people. That’s where the problem is. And I think Nigeria has, clearly has an income distribution problem.
“We have the very wealthy, and we have the phenomenally poor, and you cannot have equilibrium when there are so many poor people around you. That’s why I wouldn’t say I’m frightened, but I pinch myself when I see wealthy people believe that everything will be fine forever, and around them, there are hundreds of millions of people who are poor.
“I don’t want to equate poverty with insecurity, banditry or things like that, but I think it’s obvious that for the bandits, for the terrorist poor people, whom the state is offering next to nothing, some of them can be easily recruited. So, they become the potential future bandits and the future terrorists.
Also, we have 30 million children out of school. People who are not educated are increasingly difficult to integrate into a modern economy. So if they can’t do a proper job, they also become targets for bandits and terrorists. We have a serious problem on hand. So how can the President sit pretty,” he asked.
Chief of Army Staff, Waidi Shaibu, has assured residents of improved security in communities affected by bandit attacks in Benue State.
Operatives of the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC have arrested one Iziga Jude Ikechukwu, (also known as Easy-money) for allegedly abusing Naira notes during his birthday party.
Ikechukwu, 24 year- old palm kernel dealer, was arrested following an actionable intelligence received via a viral video circulating on social media in which he was seen recording himself, while abusing Naira notes in his hotel room, during his birthday celebration. The offence is contrary to Section 21 of the Central Bank of Nigeria, CBN Act of 2007.
The agency said upon receipt of the intelligence, a preliminary investigation was conducted and the identity and address of the suspect were identified and he was arrested on Saturday, February 28, 2026 at his residence located around timber market in Enugu-Ezike, Enugu State.
Upon arrest, the sum of N81, 700. 00 (Eighty-one Thousand, Seven Hundred Naira) suspected to be part of the money he was mutilating, was recovered.
The agency mentioned that the suspect will be charged to court as soon as investigations are concluded.
A former Commissioner for Finance in Kano state, Professor Kabir Isa Dandago, is dead.
Bayero University Director of Information, Lamara Garba confirmed the passing of the professor of Accounting and Taxation. He said the deceased died at the Aminu Kano Teaching Hospital Wednesday evening.
Garba stated that, “it is on a sad note that I announce the death of Professor Dandago. Professor Dandago recently contributed to an appeal fund to support the families of our deceased colleagues.
“May Almighty Allah grant him eternal rest in Jannatul Firdaus. Amin.”
According to him, the former Commissioner was invited to a Ramadan lecture last weekend by the International Institute of Islamic Thought (IIIT) as a discussant.
The deceased served as finance commissioner between June 2015 and October 2018 under then Governor Abdullahi Ganduje and a one-time Dean of the Faculty of Social and Management Sciences.
He authored and edited many books on Accounting, Taxation, Finance and Economics.
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