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30 yrs of June 12: MKO son’s bombshell: Buhari cancelled benefit to Abiola family despite GCFR recognition

It will be exactly 30 years tomorrow since the June 12, 1993, presidential election generally believed to have been won by the late Bashorun MKO Abiola but annulled by the then-military government.
Abiola died in the ensuing attempt to reclaim his mandate in 1998, about four weeks after the military ruler who had detained him for declaring himself President, General Sani Abacha, mysteriously passed on in June of that year.
Abiola’s death sparked agitation across the country for his posthumous recognition as a former Nigerian leader immediately after the nation returned to civilian rule in 1999 but this was not achieved until 2018 when former President Muhammadu Buhari moved Democracy Day from May 29, the day Nigeria had returned to civil rule after the June 12, 1993 episode, to June 12.
Buhari did not stop there. He conferred posthumously the highest honour in the land and one usually conferred on Presidents or former Presidents, Grand Commander of the Federal Republic (GCFR), on the presumed winner of the June 12, 1993 presidential election. Earlier, former President Goodluck Jonathan had tried to immortalise Abiola by renaming the University of Lagos (UNILAG) after him but the move was resisted by the UNILAG alumni, forcing Jonathan to beat a retreat.
Abiola’s then-running mate, Alhaji Babagana Kingibe, on his part, got the Grand Commander of the Order of the Niger (GCON) honour usually reserved for Vice Presidents or their equivalents from the Buhari administration. The gesture was interpreted in many quarters to mean that Abiola and Kingibe had been recognised as former President and former VP respectively. Whereas it is five years since June 12 was officially recognised, it is 30 years since the historic election.
President Bola Tinubu was a participant in the June 12 episode as he was involved in the then-transition to civil rule as a senator representing Lagos West before teaming up with pro-democracy elements to demand the restoration of the Abiola mandate from the Abacha regime under the aegis of the National Democratic Coalition (NADECO).
And this is the first Democracy Day on June 12 under the Tinubu administration. In this interview, one of the children of the late Abiola, Jamiu, speaks on how the family has fared since the detention of their patriarch, the death, the murder of his mother, Kudirat, during the struggle and other issues around June 12.
It has been 30 years since the June 12 election and nearly 25 years since your father’s demise. How has it been with the family?
It has not been easy at all. It was from the heights of joy as a result of the presidential victory to the depths of sorrow because of the annulment. Such an event can only be devastating to any family. This is not to mention other countless negative consequences of the tragedy. The family has accepted the fact that life must go on.
This is the only attitude we can adopt as a family, particularly because in most countries similar to Nigeria, in terms of population and ethnic diversity, there has always been a family that has paid the supreme price for democracy and stability.
The Ghandis in India, the Bhuttos in Pakistan and even the Kennedys in the United States of America have all lost at least family members to unnatural causes that were politically motivated. This is a fact that can now be sadly said about Nigeria too.
At a time, stories about disputes resulting from sharing of inheritance were peddled. It was also said that paternity and Deoxyribonucleic Acid, DNA, tests were conducted…
Most of what you have heard is true. When it rains it pours and this is what further exacerbated the tragedy. DNA tests were conducted but this issue was deliberately mishandled to divert attention from my father’s assets. The fact that some had failed the DNA test should never have been published in newspapers. So, there were court cases later used as excuses for stalling the sharing of my father’s assets or diverting their proceeds to fictitious legal charges. The fact that all of this was happening just a few years after my father died was a great disservice to his memory and legacy.
But this is in line with something God Himself had mentioned in the Koran when he stated that among our family members, some might be our enemies. It is a lesson from which many people, old and young, should learn. To make matters worse, those who took over his assets have even refused to maintain the house in which he was buried, even though it will not cost more than a tiny fraction of their loot.
News
Customs Launch Digital Vehicle Verification Platform to Combat Smuggling

In a landmark step toward modernising its operations, the Nigeria Customs Service (NCS) on Monday officially launched the Customs Verification Management System (CVMS) — a new digital platform that allows Nigerians to verify the clearance and duty payment status of imported vehicles in real time.
The platform, unveiled at the Customs Headquarters in Abuja by Comptroller-General Adewale Adeniyi, is part of a broader reform initiative aimed at enhancing transparency, curbing smuggling, and improving service efficiency.
“This platform redefines how vehicle verification is conducted across Nigeria,” Adeniyi said. “For years, outdated systems left room for fraud, revenue leakage, and frustration. CVMS now introduces a simple, seamless, and secure way to verify a vehicle’s duty status — accessible from anywhere in the world.”
Developed Through Public-Private Partnership
The CVMS was developed in partnership with the Trade Modernisation Project (TMP) and Afripoint Consult, an indigenous tech firm, as part of the NCS’s digital transformation strategy. The platform, which has been in trial mode for two months, is now fully operational.
Users can verify vehicle clearance by entering the Vehicle Identification Number (VIN) and paying a ₦15,000 verification fee using any local or international debit or credit card.
“This is a homegrown solution to a long-standing problem,” Adeniyi said. “It empowers the public, importers, and dealers with verifiable data while eliminating manual bottlenecks and inconsistencies in our internal operations.”
Empowering Citizens, Supporting Enforcement
Adeniyi highlighted that the CVMS will democratise access to verified customs data, giving buyers and importers the confidence to transact with certainty and reducing fraud linked to fake customs papers.
“For the public, it brings transparency and ease of access. For our officers, it means smarter, faster, and more accountable customs operations,” he added.
He also noted that the platform supports the federal government’s broader digital agenda and will strengthen enforcement by providing officers with real-time data and analytics to detect anomalies and improve decision-making.
A Tool for Dealers and Law Enforcement
Ajibola Adetula, Managing Director of Afripoint Consult, described the CVMS as a “bifocal platform” serving both the public and customs officers.
“It allows users to confirm vehicle clearance instantly, while also helping enforcement agents verify documents, even outside working hours,” he said.
The platform is integrated with the NCS vehicle clearance database dating back to 2017, ensuring historical records are accessible and verifiable.
A Welcome Relief for Auto Dealers
Also present at the launch was Ajibola Adedoyin, Chairman of the Association of Motor Dealers of Nigeria, who called the system a long-overdue innovation.
“For years, we’ve asked for a reliable system to confirm clearance and reduce harassment of legitimate dealers. This gives us proof we can stand by when issues arise,” he said.
Part of a Broader Modernisation Drive
The CVMS is part of the Nigeria Customs Service’s 20-year Trade Modernisation Project, which seeks to improve trade facilitation, increase revenue, and reduce corruption in the customs process through automation and private sector collaboration.
It also comes amid growing concerns over fake customs documents and smuggled vehicles, which have led to revenue losses and frequent disputes between customs officers and dealers.
With CVMS, the NCS aims to close loopholes, restore public trust, and support the federal government’s goal of achieving a fully automated border and trade management system by 2030.
The launch marks another milestone in Customs’ journey towards digital transformation — ensuring transparency, efficiency, and accountability across Nigeria’s import and vehicle verification processes.
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Moniepoint Managers Break Silence on $200M ‘Miraculous’ Fundraise Backed by DPI, Google, Visa, IFC & LeapFrog

Moniepoint Inc., Nigeria’s leading digital financial services provider, has announced the successful close of its Series C funding round, raising over $200 million in equity financing. The investment underscores the company’s rapid growth, sustained profitability, and strong impact in expanding financial inclusion across Africa.
The round was led by Development Partners International’s ADP III fund, with the final close anchored by LeapFrog Investments, a top-tier impact investor. Other high-profile participants include Google’s Africa Investment Fund, Visa, the International Finance Corporation (IFC), Proparco, Swedfund, Verod Capital Management, Lightrock, and Alder Tree Investments.
Moniepoint, formerly known as TeamApt, is now one of the few global fintechs — and the first in Africa — to achieve profitability at unicorn scale while driving inclusion for millions of underserved individuals and businesses. With over 10 million active users and an annual digital transaction value exceeding $250 billion, the company has cemented its status as a cornerstone of Africa’s digital economy.
Funding to Fuel Expansion and Innovation
According to Moniepoint, the new capital will support its next growth phase — enhancing services for micro, small, and medium-sized enterprises (MSMEs), expanding its presence across Africa, and venturing into new international markets.
The raise follows a period of strong momentum for the company, marked by the launch of MonieWorld, a remittance solution for the African diaspora in the UK, and a new integrated payment and bookkeeping platform for MSMEs. Moniepoint was recently named one of Africa’s fastest-growing companies by the Financial Times for the third consecutive year, and also featured in CNBC’s Top Global Fintech Companies 2025.
Executive and Investor Commentary
Moniepoint’s Group CEO and co-founder Tosin Eniolorunda called the raise a “proud day” for the company.
“We founded Moniepoint to widen financial inclusion and help African entrepreneurs realise their potential. The support from world-leading institutions is a powerful validation of that mission,” said Eniolorunda.
“We will deploy the funds strategically to build momentum in our next chapter — delivering financial happiness for Africans everywhere.”
Development Partners International (DPI), which led the initial close of the round in October 2024, reaffirmed its confidence in the fintech.
“Moniepoint continues to deliver innovation, scale, and profitability. We’re proud to back their leadership as they grow across Africa and beyond,” said DPI Partner Adefolarin Ogunsanya.
LeapFrog Investments Partner Karima Ola emphasized Moniepoint’s impact on African MSMEs:
“MSMEs are the heartbeat of African economies. Moniepoint empowers them with the tools they need to grow, employ others, and formalize operations.”
IFC’s Global Director for Disruptive Technologies, Farid Fezoua, highlighted the fintech’s role in digitizing informal retail:
“Moniepoint is transforming how MSMEs operate in Nigeria. With competitively priced point-of-sale devices and a modern digital platform, it enables growth and job creation in a cash-dominated sector.”
Continued Backing from Global Investors
The Series C round expands Moniepoint’s roster of global blue-chip investors, including QED Investors, Novastar Ventures, FMO, British International Investment, Global Ventures, Endeavor Catalyst, and New Voices Fund.
Financial Technology Partners acted as exclusive financial and strategic advisor to Moniepoint throughout the transaction.
Founded in 2015 by Tosin Eniolorunda and Felix Ike, Moniepoint has evolved from building bank payment infrastructure to becoming Nigeria’s leading business banking platform, offering a full suite of financial services — including digital payments, business and personal banking, credit, and business management tools.
With this latest funding milestone, Moniepoint is poised to accelerate its mission to empower African businesses and individuals to achieve their financial dreams.
News
Amb Egbosiuba’s Virtuous Widows Int’l Foundation Wins Most Impactful NGO of the Year Award , courtesy of AFLCA
Ifenyinwa Bernice Egbosiuba is a visionary humanitarian, reform advocate, and the Founder & President of the Virtuous Widows International Foundation (VWIF) — a transformative organisation dedicated to empowering widows, advancing human dignity, and promoting social justice across Africa.

Ambassador Ifenyinwa Bernice Egbosiuba,the Founder & President of the Virtuous Widows International Foundation (VWIF) has been named the recipient of the Most Impactful NGO of the Year Award, courtesy of Africa Future Leadership and Conference Awards (AFLCA).
The Africa Future Leadership Conference and Awards is an annual summit organized by Africa Future Leadership Magazine.
In a statement on Monday, AFLCA said that the award will be conferred on her during the 10th edition of the event, scheduled for Saturday, 25th October 2025 Maryland, Lagos.The statement reads: “Amb.
Ifenyinwa Bernice Egbosiuba is a visionary humanitarian, reform advocate, and the Founder & President of the Virtuous Widows International Foundation (VWIF) — a transformative organisation dedicated to empowering widows, advancing human dignity, and promoting social justice across Africa.
Having journeyed through personal loss and recovery, she turned her pain into purpose — building a movement that restores hope, skills, and independence to widows through shelter, food, vocational training, and financial empowerment programs.“Talent exists everywhere, but opportunity does not. Widows deserve dignity, not pity.” — Amb. Ifenyinwa Bernice Egbosiuba.
Beyond widowhood advocacy, she is also a global voice against xenophobia and discrimination, calling on African leaders to build unity, compassion, and equality across borders.
Her work — featured in The Sun Nigeria, AllAfrica.com, and other major platforms — continues to inspire women, youth, and reformers to lead with empathy, courage, and conviction.
Ambassador Egbosiuba’s story reflects the heartbeat of AFLCA — leadership that heals, empowers, and transforms Africa’s future. “
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