Former EFCC Boss, Bawa Blows Lid on Subsidy Scam

A bombshell new book by Abdulrasheed Bawa, the former head of Nigeria’s Economic and Financial Crimes Commission (EFCC), has lifted the lid on a massive fuel subsidy scandal that has cost the country trillions of naira.

The book, titled “The Shadow of Loot & Losses”, is a damning indictment of corruption and mismanagement in Nigeria’s oil sector.

Bawa, who led the EFCC from 2021 to 2023, draws on his insider knowledge to reveal the shocking scale and complexity of the scam, which involved fake fuel imports, inflated invoices, and other forms of financial manipulation.

He also sheds light on the role of corrupt government officials and private sector actors in perpetuating the fraud.

The book details how billions of naira were siphoned off through various means, including the use of forged documents, fake shipping records, and other forms of deception. Bawa also highlights the weaknesses in Nigeria’s regulatory framework that allowed the scam to go undetected for so long.

The publication of “The Shadow of Loot & Losses” is a major embarrassment for the Nigerian government, which has long been accused of turning a blind eye to corruption in the oil sector.

The book is a call to action, demanding greater transparency and accountability in the management of public finances, particularly in the oil sector.

Bawa’s book is a must-read for anyone interested in understanding the root causes of corruption in Nigeria and how it can be tackled. It is a powerful exposé that names and shames those responsible for the scam and provides a roadmap for reform.

The book is now available nationwide, courtesy of RovingHeights Bookstore.