Ex-EFCC Chairman Bawa Unveils Massive Fuel Subsidy Fraud, Reveals Billions Lost to ‘Ghost Imports’ and Over-Invoicing
Abuja — Former Economic and Financial Crimes Commission (EFCC) Chairman, Ibrahim Magu Bawa, has lifted the lid on extensive fraud within Nigeria’s fuel subsidy system, revealing that billions of naira have been siphoned off through deceptive practices including ‘ghost imports’ and over-invoicing. Speaking at a recent anti-corruption forum, Magu detailed how unscrupulous actors exploit loopholes