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Ex-EFCC Boss Bawa Reveals N3.7 Billion Petrol Subsidy Fraud

  Former EFCC chairman, Abdulrasheed Bawa, has shared shocking details of how Oluwaseun Ogunbambo, a businessman, defrauded the Nigerian government of N3.7 billion through petrol subsidy fraud. In his book titled The Shadow of Loot & Losses: Uncovering Nigeria’s Petroleum Subsidy Fraud, Bawa explained how Ogunbambo used fake documents to collect money meant for importing fuel. According to Bawa, Ogunbambo claimed he imported petrol, but the fuel never existed. He forged shipping documents and presented them to the government to receive payments. Ogunbambo, who was the managing director of Fargo Petroleum and Gas Ltd, was declared wanted by the EFCC in 2013. He was charged with collecting N976.6 million fraudulently. While the case was still in court, he jumped bail and fled the country. Bawa said Ogunbambo had multiple identities and was also wanted in other countries like Ireland, the UK, and the USA. The book also talks about how fuel subsidy fraud has been a major problem in...
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How to Make money online

 How to Make Money Online: A Beginner's        Guide


In today’s digital era, the internet has opened countless opportunities for individuals to earn money from the comfort of their homes. Whether you’re looking for a full-time income or just some extra cash, the online world offers a variety of ways to achieve your financial goals. Here are some effective methods to get started:


### 1. **Freelancing**



Freelancing platforms like Upwork, Fiverr, and Freelancer connect professionals with clients seeking specific services. If you’re skilled in writing, graphic design, programming, or digital marketing, you can offer your expertise to clients worldwide. Building a strong profile and delivering quality work will help you secure repeat business and increase your earnings over time.


### 2. **Affiliate Marketing**

Affiliate marketing allows you to earn commissions by promoting products or services. By joining affiliate programs such as Amazon Associates or ShareASale, you can create content that includes affiliate links. Whenever someone purchases through your link, you earn a commission. This method works particularly well for bloggers, YouTubers, and social media influencers.


### 3. **Online Surveys and Market Research**

While it won’t make you rich, participating in online surveys and market research is an easy way to earn some extra money. Websites like Swagbucks, Survey Junkie, and Vindale Research pay users for their opinions on various products and services. Payments are usually made through cash or gift cards.


### 4. **E-Commerce and Dropshipping**

Starting an online store has never been easier, thanks to platforms like Shopify, Etsy, and eBay. Dropshipping, a model where you sell products without holding inventory, has become particularly popular. By sourcing products from suppliers and listing them online, you can earn a profit on each sale. Successful dropshipping requires effective marketing and product research to identify profitable niches.


### 5. **Content Creation**

Content creators on platforms like YouTube, TikTok, and Instagram can earn money through ad revenue, sponsorships, and merchandise sales. While it takes time to build a loyal audience, consistent posting of high-quality, engaging content can result in significant earnings. Focus on a niche you’re passionate about to keep your content authentic and sustainable.


### 6. **Online Tutoring and Courses**

If you’re knowledgeable in a particular subject, consider tutoring or creating online courses. Platforms like Udemy, Teachable, and Coursera allow you to share your expertise with students globally. Alternatively, you can offer live tutoring sessions through websites like VIPKid or Tutor.com. This option is especially lucrative for professionals with specialized skills.


### 7. **Stock Photography and Videography**

If you have a talent for photography or videography, consider selling your work on platforms like Shutterstock, Adobe Stock, or Getty Images. Businesses and content creators often purchase stock visuals for their projects, providing a passive income stream once your portfolio is established.


 Tips for Success

- **Be Consistent:** Most online money-making methods require consistent effort and time to yield significant results.

- **Learn Continuously:** Stay updated on trends and best practices to stay ahead of the competition.

- **Avoid Scams:** Be cautious of “get rich quick” schemes. Research opportunities thoroughly before investing time or money.


Making money online is accessible to anyone willing to put in the effort and creativity. With persistence and the right strategies, you can turn your online ventures into a reliable source of income.


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