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Senate Investigates SURE-P Fund Diversion For Vote-Buying …As Reps Recommend NEMA DG’s Sack Over N33bn Fraud
Senate has resolved to investigate alleged misuse of the Social Intervention Programme (SIP) funds by the All Progressives Congress (APC)-led Federal Government.
The upper legislative chamber also agreed to probe how funds allocated to the Subsidy Re-investment Programme (SURE-P), were utilised before 2015.
The resolution followed adoption of a motion by the Minority Leader, Biodun Olujimi on alleged deployment of funds under the SIP, to buy Permanent Voters’ Cards (PVCs) to promote President Muhammadu Buhari’s presidential election in 2019.
Olujimi displayed copies of signed forms, by an alleged SIP beneficiary, and claimed that beneficiaries were made to attach their PVCs before they can benefit from the fund.
She noted that it was unfortunate that the Social Intervention Programme, which was created for the benefit of every Nigerian, was allegedly being manipulated to buy PVCs for Buhari’s re-election bid.
Olujimi, who came under Order 42 (personal explanation), prayed the Senate to investigate the matter as a matter of urgency.
She urged the chamber to ensure that the SIP fund was not used for political purposes.
But, Senate Leader, Ahmad Lawan, described the allegation as completely unfounded.
As Lawan moved to disabuse the minds of his colleagues about any untoward use of the fund, the Senate erupted with shouts of ‘point of order.’
Attempts by the Senate President, Dr Bukola Saraki, to control the situation failed for some minutes.
Thereafter, Saraki yielded the floor to Senator Dino Melaye to move his point of order.
Melaye said Olujimi’s motion should first be seconded before contributions would be made but requested for protection, and be allowed to make his points.
Saraki said Lawan should be allowed to speak, which he did.
Lawan said: “I listened attentively to the motion by Senator Olujimi. I want to say that the SIP of this administration is transparent. For the first time in the history of social intervention programmes in Nigeria, we have proof that anywhere you are in Nigeria, you can apply.”
But, shouts of ‘point of order’ continued.
Senator Albert Akpan took the floor to raise Orders 49 and 52, and reiterated Melaye’s position that Saraki should first allow Olujimi’s motion be seconded.
He added that contributions in support of the motion should be taken after which those opposed to the motion should take the floor.
But Saraki could take none of that.
He insisted Lawan be allowed to conclude his contribution.
Buoyed by that support, Lawan said the SIP was computer-based, which made it easy for Nigerians to apply wherever they were.
He urged the Senate President to be above board and blind to the debate.
Lawan also said it was on record that the SIP has been the most successful in the country.
“We inherited poverty, we inherited empty treasury. This administration is working to change the system. The social intervention fund is under the office of the Vice President, who has been very transparent in the implementation of the programme for the benefit of all Nigerians,” the leader said.
Lawan added that he was not against whatever the Senate wanted to do with Olujimi’s motion “but the investigation should not be turned into a political weapon.”
He reminded the Senate that Nigerians were aware that Sure-P failed and that Olujimi should tender the document she had while the investigation should be party blind.
Thereafter, the Senate adopted the prayer that the probe should be apolitical.
The prayer that Sure-P should also be investigated was also adopted.
Senators Ibrahim Gobir, Shehu Sani, Enyinnaya Abaribe, Danjuma Goje, among others, were appointed to probe Olujimi’s claims.
Meanwhile, the House of Representatives has asked President Muhammadu Buhari to relieve the Director-General of the National Emergency Management Agency, Mr. Mustapha Maihaja of his duties over the alleged mismanagement and embezzlement of “over N33billion .”
An ad hoc committee of the House investigated the operations of NEMA under Maihaja and recommended his sacking.
The House has just approved the recommendation of the panel, which is chaired by a member from Gombe State, Mr. Ali Isa.
President Bola Tinubu yesterday celebrated the Nigerian Exchange Group’s breakthrough into the N100tn market capitalisation threshold, saying Nigeria has moved from an ignored frontier market to a compelling investment destination.
Tinubu, in a statement signed by his Special Adviser on Information and Strategy, Bayo Onanuga, urged Nigerians to increase their investments in the domestic economy, expressing confidence that 2026 would deliver stronger returns as ongoing reforms take firmer root.
He noted that the NGX closed 2025 with a 51.19 per cent return, outperforming global indices such as the S&P 500 and FTSE 100, as well as several BRICS+ emerging markets, after recording 37.65 per cent in 2024.
“With the Nigerian Exchange crossing the historic N100tn market capitalisation mark, the country is witnessing the birth of a new economic reality and rejuvenation,” Tinubu said.
He attributed the stellar performance to Nigerian companies proving they can deliver strong investment returns across all sectors, from blue-chip industrials localising supply chains to banks demonstrating technological innovation.
The President added, “Year-to-date returns have significantly outpaced the S&P 500, the FTSE 100, and even many of our emerging-market peers in the BRICS+ group. Nigeria is no longer a frontier market to be ignored—it is now a compelling destination where value is being discovered.”
Tinubu disclosed that more indigenous energy firms, technology companies, telecoms operators and infrastructure firms are preparing to list on the exchange, a move he said would deepen market capitalisation and broaden economic participation.
He also cited what he described as a sustained decline in inflation over eight months—from 34.8 per cent in December 2024 to 14.45 per cent in November 2025—projecting that the rate would fall below 10 per cent before the end of 2026.
“Indeed, inflation is likely to fall below 10 per cent before the end of this year, leading to improved living standards and accelerated GDP growth. The year 2026 promises to be an epochal year for delivering prosperity to all Nigerians,” he said.
The President attributed the trend to monetary tightening, elimination of Ways and Means financing, and agricultural investments, which he said helped stabilise the naira and ease post-reform pressures.
Nigeria’s current account surplus reached $16bn in 2024, with the Central Bank projecting $18.81bn in 2026, reflecting a trade pattern shift toward exporting more and importing less locally-producible goods.
Non-oil exports jumped 48 per cent to N9.2tn by the third quarter of 2025, with African exports nearly doubling to N4.9tn. Manufacturing exports grew 67 per cent year-on-year in the second quarter.
Foreign reserves have crossed $45bn and are expected to breach $50 billion in the first quarter, giving the CBN ammunition to maintain currency stability and end the volatility that previously fuelled speculation, according to the President.
Tinubu also highlighted infrastructure expansion in rail networks, arterial roads, port revitalisation, and the Lagos-Calabar and Sokoto-Badagry superhighways, alongside improvements in healthcare facilities that are reducing medical tourism costs, and increased university research grants funded through the Nigeria Education Loan Fund.
“Our medicare facilities are improving, and medical tourism costs are declining. Our students benefit from the Nigeria Education Loan Fund, and universities are receiving increased research grants,” he said.
He described nation-building as a process requiring hard work, sacrifices, and citizen focus, pledging to continue working to build an egalitarian, transparent, and high-growth economy catalysed by historic tax and fiscal reforms that came into full implementation from January 1.
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RSG Kicks Off Armed Forces Remembrance Day ‘Morrow …Restates Commitment Towards Veterans’ Welfare
The Rivers State Government has reiterated its commitment towards the welfare of veterans, serving officers and widows of fallen officers in the State.
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?The Secretary to the Rivers State Government, Dr. Benibo Anabraba, in a statement by ?Head, Information and Public Relations Unit, SSG’s ?Office, ?Juliana Masi, stated this during the Central Planning meeting of the 2026 Armed Forces Remembrance Day in Port Harcourt, yesterday.
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?Anabraba thanked the Committee for their contributions to the success of the Emblem Appeal Fund Ceremony recently held in the State and called on them to double their efforts so that the State can record resounding success in the remaining activities.
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?According to him, the remembrance day events will begin with Jumaàt Prayers on Friday, 9th January at the Rivers State Central Mosque, Port Harcourt Township, while a Humanitarian Outreach/Family and Community Day will be hosted on Saturday, 10th January, by the wife of the governor, Lady Valerie Siminalayi Fubara, for widows and veterans.
?”On Sunday, 11th January, an Interdenominational Church Thanksgiving Service will hold at St. Cyprian Anglican Church, Port Harcourt Township while the Grand-finale Wreath- Laying Ceremony will hold on Thursday, 15th January at the Isaac Boro Park Cenotaph, Port Harcourt”, he said.
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?The SSG noted that one of the highlights of the events is the laying of wreaths by Governor Siminalayi Fubara and Heads of the Security Agencies.
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The Governor of Rivers State, Sir Siminalayi Fubara, has approved a minor cabinet reshuffle in the State Executive Council.
Under the new disposition, Barrister Christopher Green, who until now served as Commissioner for Sports, has been redeployed to the Ministry of Justice as the Honourable Attorney General and Commissioner for Justice.
This is contained in an official statement signed by Dr. Honour Sirawoo, Permanent Secretary, Ministry of Information and Communications.
According to the statement, Barrister Green will also continue to coordinate the activities of the Ministry of Sports pending the appointment of a substantive Commissioner to oversee the ministry.
The redeployment, which takes immediate effect, was approved at the last State Executive Council meeting for the year 2025, underscoring the Governor’s commitment to strengthening governance, ensuring continuity in service delivery, and optimising the performance of key ministries within the state.