How Nigeria's Intelligence Agencies Uncovered Alleged Coup Plot Funding
In a significant security development, Nigeria's Defence Intelligence Agency (DIA), working in collaboration with the Nigerian Financial Intelligence Unit (NFIU) and the Economic and Financial Crimes Commission (EFCC), has reportedly uncovered substantial financial transactions allegedly linked to an aborted coup attempt against President Bola Tinubu's administration. The investigation, which has sent shockwaves through political circles, focused on tracing large sums of money that were purportedly connected to the plot to overthrow the government.
Former Governor Named as Key Financier
Investigators have identified former Bayelsa State governor Timipre Sylva as the primary financier of the alleged coup plot, according to reports from Daily Sun. Sylva, who previously served as Minister of State for Petroleum, was named by several arrested military officers during interrogations. Despite these serious allegations, Sylva has vehemently denied any involvement in the plot, describing the accusations as politically motivated fabrications designed to undermine his reputation ahead of the 2027 elections.
The investigation gained momentum when President Tinubu reportedly demanded concrete evidence after initial briefings about the coup attempt. This presidential directive prompted the DIA to engage the specialized financial tracking capabilities of both the NFIU and EFCC, creating a multi-agency task force dedicated to following the money trail. The collaborative efforts of these three agencies eventually produced findings that convinced the presidency of the seriousness of the alleged threat.
Military Confessions Reveal Advanced Tactics
According to detailed reports, several senior military officers have confessed to their involvement in the alleged plot. The confessing officers include a Brigadier General, multiple Colonels, Lieutenant Colonels, and a Captain. These individuals revealed that they had been "conscripted" into the plan, which notably involved the use of drones and advanced technological systems rather than traditional heavy troop deployments. This modern approach to coup planning represents a significant evolution in security threats facing the nation.
Further investigations suggested that Sylva's alleged motivation stemmed from his exclusion from the Tinubu administration, coupled with accusations of involvement in illegal bunkering operations and other illicit activities in the Niger Delta region. The comprehensive investigation into the coup plot has reportedly been concluded, with findings expected to be formally submitted to President Tinubu in the coming days.
DSS Raid and Sylva's Response
Operatives from the Department of State Services (DSS) conducted a raid on Sylva's Abuja residence, during which significant property damage occurred. Contrary to earlier reports suggesting military involvement, the operation was specifically carried out by DSS personnel. Sylva's media aide, Chief Julius Bokoru, confirmed the raid but stated that no explanation was provided by the operatives regarding their actions or authorization.
In a detailed statement, Bokoru emphasized that Sylva and his wife were outside Nigeria during the raid, with the former governor undergoing medical checks in the United Kingdom and preparing to attend a professional conference in Malaysia. The statement categorically denied any involvement in coup plotting, describing Sylva as a "thoroughbred democrat" whose entire political career has been built on democratic principles and transparent engagement with the people.
Political Context and Denials
Sylva's camp has pointed to his consistent support for President Tinubu as evidence of his loyalty to the administration. They highlighted his recent mobilization of the entire All Progressives Congress (APC) structure in Bayelsa State to endorse President Tinubu during a stakeholders' meeting. The statement accused "desperate and narcissistic politicians" of spreading false allegations to damage Sylva's political standing as the 2027 elections approach.
The alleged coup plot was reportedly scheduled for October 25, according to sources speaking to Daily Trust. Military sources had previously indicated that the identities of officers involved would be made public ahead of a General Court Martial proceeding, which now appears to be materializing as investigations reach their conclusion. This development represents one of the most serious security challenges faced by the Tinubu administration since taking office.