Magu Clocks Retirement Age Amid Promotion Controversy

Hamilton Nwosa
Writer
Magu Clocks Retirement Age Amid Promotion Controversy

Ad

Optimism as Nigeria’s Inflation Rate falls to 21.88% in July 2025

By Abiola Olawale Nigeria’s headline inflation rate has eased to 21.88% in July 2025, marking a continued downward trend from 22.22% in June, according to the latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS). The NBS reported that the decline, representing a 0.34% drop month-on-month, signals optimism for economic…

Trump-Putin:Ukraine Targets Russian Oil, Arms Ahead of Summit

Hours before the Trump-Putin meeting in Alaska, Ukraine said it had struck an oil refinery in Russia and a Caspian port that Moscow uses to ship weapons from Iran for the war in Ukraine. Ukraine said it attacked overnight the Syzran refinery, owned by oil giant Rosneft and located in Russia’s Samara region, about 500…

Crude Oil Falls as EIA Forecasts Larger Global Oil Surplus

Crude oil prices on Tuesday fell on the possibility of progress at the Trump-Putin summit in Alaska on Friday regarding the Russia-Ukraine war, which could result in reduced sanctions on Russian oil. The oil markets also remain concerned about an oil surplus after the EIA on Tuesday raised its forecast for the 2025 global oil…

Ad

Former Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Ibrahim Magu, is expected to retire from the Nigeria Police Force on Thursday.

Magu who will be clocking the mandatory retirement age of 60 years on Thursday has been in the midst of controversy on his elevation to the level of Assistant Inspector-General of Police (AIG) from the current level – Commissioner of Police.

The Police Service Commission Standing Committee had recommended him for promotion, but some officials in Attorney-General Office had said he could not be elevated until he was cleared.

“The decision to promote Magu followed the recommendation of the Inspector-General of Police, Usman Baba,” a senior official at the PSC disclosed.

Magu, who had been on suspension since July 2020 over allegations of corruption and insubordination was born on May 5, 1962 and enlisted into the Force on March 3, 1990. He was deployed to the EFCC on May 25, 2012.

Ad

X whatsapp