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Probe: Nigeria’ll Break If NDDC Releases List Of Looters – IMC
The Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) has said that if it releases the list of those involved in looting the commission, the country would break.
The IMC has also accused members of the National Assembly of plotting to stall the forensic audit ordered by President Muhammadu Buhari.
The Executive Director in charge of Projects at the NDDC, Dr. Cairo Ojougboh, who made the allegation while speaking to newsmen in Abuja, said that Nigerians would be shocked if the commission releases the names and calibre of persons involved in contract scam in 2017 and 2019, especially among members of the National Assembly.
It would be recalled that the Federal Executive Council (FEC), meeting presided over by President Muhammadu Buhari, last Wednesday, approved the forensic auditing of about 12,000 NDDC contracts.
But Ojougboh alleged that the recent pressure by the National Assembly to probe the activities of the IMC was instigated by the fear of the forensic audit.
He said that the mission of the IMC to the NDDC and the Niger Delta region was to ensure that every Naira that had been put into the region through the commission was accounted for, and vowed that the committee would dare every odd to ensure that the mission was accomplished, not minding whose ox was gored.
Ojougboh took a swipe at the National Assembly for condemning the N51million monthly imprest for the office of the Acting Managing Director of the commission, and the N18million imprest for his office, saying that such monies were not personal money but for the upkeep of the place, especially on security.
He alleged that a highly placed member of the National Assembly from the South-South, whom he accused of working against the IMC, has a cumulative imprest of about N100million monthly without the kind of security challenges the NDDC management faces on daily basis.
According to him, “My MD feeds 100 policemen every day, and in Port Harcourt as an executive of NDDC, you need security more than anything, till tomorrow, you know of it. When they are sending these policemen, the instruction is feed them, cater for them, that is what is in the letter the police hierarchy sent.
“So, people are talking about N51million of imprest for the MD, it is a security vote, it’s not for his personal pocket, the money does not go to the MD’s account. Myself, N18million, it does not go to my account, it goes for security and other expenses, and it is retired, there is no fraud in it.”
He said when President Buhari nominated them, and they arrived at NDDC office Port Harcourt, Rivers State capital, the first thing they noticed was that the two chairmen (NDDC Committee) in the National Assembly, were the “De facto management, managers and the executive of NDDC.”
He said as a former member of the National Assembly and a former liaison officer to the President, he has been in the Chambers, and he has been in government since 1999 till date.
“So, I know what time of the day it is in politics and in governance. So, we told them it cannot be business as usual, then, they said we must leave.”
Asked what was responsible for the sudden interest of the National Assembly in the activities of the IMC, he said, “God bless you. It’s the forensic audit that the President has instituted because the National Assembly is culpable. At the end of the forensic audit, you will see members of the National Assembly.
“A senator came and said that in the list of 2016 they brought, that he had only six contracts, I said no, that he had more. What he didn’t know is that we did not release the list for 2017 and the one for 2019. If we release it, this country will break.”
Also asked why the country should break, he said, “Oh, because of the people looting, the calibre, the names and people looting the NDDC. And who engineers it? The chairmen of the NDDC in the Senate and House of Representatives in the National Assembly.
“So, when I explained, I told Mr. President to look, my job here is very simple. Mr. President looks, even if it is the only thing I achieve in my life to make sure that things are put right for the people of the Niger Delta to have the benefit of the NDDC. You can call me any name, you can do anything, you can say anything, I don’t care but I must do the right thing and the right thing is that no one penny will be missing.”
He further alleged that the National Assembly had planned to truncate the progress of the forensic audit through various means; first by using the probes by the committees and later by refusing to sign the budget, saying the refusal to sign the budget is an instrument of blackmail against the IMC.
He said, “Mark you, the National Assembly sabotaged, through the instrumentality of the chairmen of the House and Senate, they sabotaged … if you give them to report, they will say you did not bring performance report. We brought everything that they’ve asked us to bring, but they used the budget as the instrument of blackmail.
“So, they have blackmailed the nation and the Niger Delta in the last 20 years, that is why you see that you cannot go to the Niger Delta today and see ten kilometres of dualised roads done by the NDDC, no. What do you see, 500 meters here, 200 meters there and all of them one billion each”, he said.
He, however, said despite efforts of the National Assembly to muzzle the IMC and frustrate the forensic audit, the audit process had progressed as the first leg of the job had already been concluded and the second and final leg would soon kick-off.
He said, “It has started. Why are we here if it has not? The National Assembly wanted to truncate it, they said they will not pass our budget. You know the forensic audit is in two stages; we have procured the lead auditors and they are at work, they have all the files of all the contracts at the NDDC from inception till date.
“The second stage is to send the various auditors to each of the states, the National Assembly people know that’s where they are culpable so they stopped our budget, but the President said the forensic audit must continue that he will fund it.
“The lead auditors have finished their initial job, they have written their report, now each of the states will have one auditor looking at all the contracts and projects in it. That’s what we came here for today. These auditors will now go back to the states tomorrow, once we finish here today and the council approves it.”
On the allegations of misappropriation against the IMC by the National Assembly committees, Ojougboh said the allegations were just another attempt at blackmail, explaining that the IMC had not awarded a single contract, but had been sorting out what he described as obligatory debts of the NDDC to its contractors.
“That’s the problem. The reason they are touting those multiple billions is just to give us a bad name, the multiple billions that are payments for obligatory debts. The payment is not for me, every year the NDDC spends as much as four to five hundred billion, it is the debt we met on ground.
“People have done their jobs, are we going to say they should not be paid? We have not awarded one contract; people are taking us to court every day. So, we look at the projects, we clear them and we pay. They said we spent, but we didn’t spend, rather we paid historic debts”, he explained.
He further said, “They are talking about Covid-19 payment, the Federal Government is given every citizen N30,000 each, do you know how much Federal Government has spent? The CBN and many other corporations have been giving Covid-19 allowances, which are within their purview, just like NDDC did.
“In the National Assembly, each of the senators got N20million, while the House of Representatives members got N15million for Covid-19 from the National Assembly. They all received Covid-19 allowances.”
Asked if the money spent by the commission on Covid-19 palliatives was budgeted for, he said, the money was spent under emergency.
He said, “It was not budgeted for because it was an emergency, it’s allowed. It comes under emergency. The N30,000 per person that the Federal Government is giving to the citizens, was it budgeted for? Did anybody budget for Covid-19? Nobody budgeted for Covid-19. The SGF is the chairman of the Covid-19 Task Force in Nigeria, was that task force budgeted for? It’s an emergency, and it’s allowed.
“What we are saying is that Nigerians must appreciate Mr. President. Like when we got to the headquarter building, no one thought that building could be completed. Today, we have completed it, we are inside it, but they will come to tell you that we are inside an uncompleted building, which is a very huge lie.
“We are inside the building that is where I go to work every day. It’s all propaganda by the Deputy Senate President, Ovie Omo-Agege, and his cohorts just because they want to throw us out of the place because of politics, and if we didn’t go there, that headquarters building would not be completed.”
The Nigerian Air Force has approved a major shake-up of its senior leadership, involving fresh appointments and postings across its operational commands, strategic institutions and Defence Headquarters.
The exercise, approved by the Chief of the Air Staff, Air Marshal Sunday Aneke, on November 7, 2026, is aimed at strengthening command effectiveness, enhancing institutional capacity and sustaining operational readiness.
In a statement yesterday, the Director of Public Relations and Information, NAF, Air Commodore Ehimen Ejodame, said the appointments covered Service Headquarters, operational commands, training institutions and other strategic establishments.
The statement partly read, “The NAF has approved a major strategic realignment of its senior leadership through a fresh round of postings and appointments designed to strengthen command effectiveness, enhance institutional capacity and sustain operational readiness in support of national security objectives.
“The exercise, approved by the Chief of the Air Staff, Air Marshal Sunday Kelvin Aneke, on 7 November 2026, takes effect from November 2026.
“The appointments span Service Headquarters, operational commands, Defence Headquarters, training institutions and other strategic establishments, reflecting a deliberate effort to align leadership competencies and professional experience with the Service’s evolving operational and institutional priorities.”
At the NAF Headquarters, Air Vice Marshal AK Ademuwagun was appointed Chief of Transformation and Innovation, while AVM IV Ajiboye became Superintendent of Standards and Evaluation.
Other appointments include AVM PN Amadi as Chief of Air Intelligence; AVM NN Ananaba as Chief of Operations; AVM AH Bakari as Air Provost Marshal; AVM EE Efiom as Chief of Training; and AVM AJ Laoye as Chief of Aircraft Engineering.
The Air Force also appointed AVM NI Ilo as Air Officer Commanding, Tactical Air Command; AVM BR Mamman as AOC, Mobility Command; AVM OS Ogunsina as AOC, Logistics Command; AVM MN Onyebashi as AOC, Special Operations Command; and AVM FCS Nwakara as AOC, Ground Training Command.
At the institutional level, AVM PB Philips was appointed Commandant of the Armed Forces Command and Staff College, while AVM MC Ekwueme became Commandant of the Armed Forces Resettlement Centre.
Similarly, AVM AO Akinbunwa was appointed Commandant of the Air Force War College, while AVM OC Ubadike became Commandant of the Air Force Institute of Technology.
Other appointments include AVM AI Sambo as Commandant of the Nigerian Air Force College of Logistics and Management, and AVM M Yusuf as Deputy Commandant of the Nigerian Defence Academy.
At the Defence Headquarters, AVM UK Abdullahi was appointed Director of Defence Operations, while AVM EOE Ebiowe was posted to the Office of the National Security Adviser as Deputy Coordinator, National Intelligence.
Also, AVM DDG Pwajok was appointed Director of Technical Services at the Defence Intelligence Agency, while AVM I Sani became Deputy Chief of Defence Intelligence.
Other senior officers were posted to various directorates at the Defence Headquarters, including operations, military strategy, cyber operations, civil-military relations, search and rescue, special duties and joint warfare doctrine.
The appointments also affected the Defence Space Administration, where AVM AA Suleh was named Deputy Chief, while AVM OA Oyename and AVM SS Lazarus were appointed Directors of Earth Observation and Launch Vehicles and Space Operations, respectively.
Furthermore, AVM GI Jibia was appointed Deputy Force Commander of Operation Hadin Kai, while AVM JI Ukeh became Commander of the Nigerian Air Defence Corps.
The statement said the exercise was part of efforts to strengthen leadership renewal, institutional accountability and operational effectiveness across the service.
According to the CAS, the professional competence and wealth of experience of the newly appointed officers would advance his command philosophy and strengthen the Air Force’s capacity to deliver decisive airpower effects in support of joint operations and national security objectives.
“All affected officers are expected to assume their new appointments and complete the necessary handover and takeover formalities on or before November 13, 2026,” the statement concluded.
The Socio-Economic Rights and Accountability Project (SERAP) has urged the Federal Government to disclose details of the funding, implementation and administration of its N50,000 National Emergency Relief and Stabilisation Intervention.
The organisation asked the Minister of Humanitarian Affairs and Poverty Reduction, Dr Bernard Doro, to provide information on beneficiary selection, payments, contracts with digital financial service providers and safeguards against political interference.
SERAP made the demand in a Freedom of Information request dated November 7, 2026, and signed by its Deputy Director, Kolawole Oluwadare.
The request followed the ministry’s October 30 announcement of the NERSI programme, which is intended to provide N50,000 in financial assistance to vulnerable Nigerians.
SERAP said important questions remained unanswered about the programme’s total funding, geographical coverage, duration and the methodology for selecting beneficiaries from the National Social Register and verified national identity records.
It urged the minister to disclose budgetary allocations, funds released and expended, eligibility criteria, beneficiary verification processes and the geographical distribution of recipients.
The organisation also asked the ministry to clarify whether the N50,000 assistance was a one-off payment or a monthly intervention, noting that the ministry’s public statement described it as a monthly payment, while a subsequent frequently asked questions document did not clearly specify the frequency or duration.
In the request, SERAP said, “Nigerians have a right to know how public funds allocated to NERSI are being spent, who is receiving the assistance, how beneficiaries are selected and whether the programme is reaching those most in need.”
The organisation raised concerns about possible political interference in the programme, particularly ahead of the 2027 general elections.
“Publicly funded social assistance must be allocated strictly on the basis of genuine need and objective eligibility criteria. It must not be used to reward political supporters, secure partisan loyalty, finance political mobilisation or influence the electoral choices of vulnerable Nigerians, particularly ahead of the 2027 general elections,” it said.
SERAP further insisted that beneficiaries should not be required to attend political rallies, support candidates or display political materials as a condition for receiving the assistance.
“Beneficiaries must not be required or encouraged to attend political rallies, support political parties or candidates, display political materials or demonstrate political loyalty as a condition for receiving assistance. NERSI is a government programme funded with public resources, not a personal gift or political benefit from any office-holder or political party,” the organisation stated.
It also urged the minister to publicly invite the Independent Corrupt Practices and Other Related Offences Commission and the Economic and Financial Crimes Commission to monitor the programme’s implementation and expenditure, investigate allegations of corruption and help ensure that funds reach intended beneficiaries.
SERAP expressed concern over reports that some Nigerians who received notifications of the N50,000 assistance had been unable to access or withdraw the funds, while others reportedly received messages indicating that they were ineligible.
“These reports raise questions about the accuracy of beneficiary verification, the reliability of payment arrangements and the effectiveness of mechanisms for resolving failed or disputed payments,” it said.
The organisation urged the ministry to investigate the complaints, publish its findings and ensure that all eligible beneficiaries received the assistance.
It also asked the government to disclose agreements with the digital financial service providers engaged to administer the payments, including ALAT, MoMo PSB, NairaGram, OPay and Moniepoint.
SERAP requested details of the providers’ roles, fees and performance, as well as information on how beneficiaries’ personal data would be protected.
“The use of the National Social Register and national identity records to identify beneficiaries must be governed by clear rules and appropriate data-protection safeguards. The Ministry should disclose how these records are being used and ensure that beneficiaries’ personal information is protected, while making anonymised and aggregated information available for public scrutiny,” it said.
The group further asked the ministry to publish anonymised information showing the number of beneficiaries and the amounts paid or scheduled for payment in each state and local government area.
It also sought records of any involvement of political actors in beneficiary selection, payments, access to beneficiary databases and the use of public resources to promote the programme.
To strengthen accountability, SERAP cited concerns raised by the Auditor-General of the Federation in the 2024 Annual Report regarding more than N78.8bn in public funds allegedly diverted or unaccounted for in the administration of social intervention and cash transfer programmes.
It also referred to concerns over N33.751bn in cash transfers made in 2023 for which relevant REMITA records and other supporting documents were reportedly not provided for audit.
“These findings underscore the importance of adequate financial controls, proper record-keeping, independent verification and effective oversight from the outset of the new intervention,” SERAP said.
The organisation said the information requested would enable Nigerians to assess whether the programme was reaching eligible beneficiaries and whether public funds were being properly accounted for.
It added, “Disclosure would also strengthen public confidence in social protection programmes and help ensure that resources intended for vulnerable Nigerians are used for their intended purposes.”
SERAP gave the minister seven days from receipt or publication of the letter to provide the requested information and take the proposed measures.
It warned that it would consider legal action to compel the ministry and other relevant authorities to fulfil their constitutional and statutory obligations if they failed to respond within the stipulated period.
The Presidency has dismissed as misleading claims that President Bola Tinubu borrowed ?120 trillion in just three years while also removing the fuel subsidy.
In a statement posted on X yesterday, Special Assistant to the President on Social Media, Dada Olusegun, described the figures as the product of “Opposition’s propaganda machines.”
He said the claim that 16 past Nigerian leaders borrowed a combined ?46 trillion over 63 years, while Tinubu borrowed ?120 trillion in three years, does not reflect the full picture.
“Opposition’s propaganda machines claim that in 63 years, 16 past Nigerian leaders borrowed ?46 trillion combined, while President Tinubu borrowed ?120 trillion in just 3 years and still removed the fuel subsidy.
“But in reality, the ?46 trillion figure from late 2022 hid ?22.7 trillion in Central Bank ‘Ways and Means’ overdrafts that weren’t officially put on the books until May 2023,” Olusegun stated.
He added that earlier calculations converted foreign debt using an artificial exchange rate of ?448 to $1, when the street value was over ?700.
“When the exchange rate was unified in June 2023, the exact same dollar debt instantly looked ?13.4 trillion larger on paper overnight without a single new dollar being borrowed.”
In actual dollar terms, he said, Nigeria’s public debt rose from $113.4 billion in June 2023 to $120.9 billion by June 2026 — an increase of only $7.5 billion.
On the fuel subsidy, Olusegun noted that its removal had boosted monthly Federation Account Allocation Committee funds shared to states and local governments from ?656 billion in April 2023 to ?2.4 trillion by September 2026.
The claims being rebutted originated from a viral social media graphic that compared cumulative borrowing under previous administrations with the Tinubu government’s record and highlighted the subsidy removal.
Fact-checkers have described the graphic as misleading because the ?46 trillion figure represented outstanding debt at the end of 2022 rather than total borrowing by 16 leaders over 63 years, and because it did not adequately account for exchange-rate effects or the formal recognition of previously off-book obligations.
Nigeria’s total public debt stood at approximately ?87.38 trillion (about $113.4 billion) in June 2023, shortly after Tinubu took office.
By June 2026 it had risen to about ?166.79 trillion ($120.93 billion), according to Debt Management Office figures.
A large part of the naira increase stemmed from the 2023 naira float and the securitisation of Ways and Means advances inherited from the previous administration.
The latest rebuttal comes after Tinubu asked the Senate to approve the implementation of a $7.7bn external borrowing plan to part-finance the 2026 budget deficit.
The request, which translates to about N10.79tn at the budget exchange rate of N1,400 to the dollar, was conveyed in a letter read by the President of the Senate, Godswill Akpabio, during Wednesday’s plenary.
The request replaced an earlier approval for $20.52bn and €1.045bn borrowings that the President had asked the Senate and the House of Representatives for a week earlier.
However, opposition parties, including the Nigeria Democratic Congress, criticized the request, citing concerns about the country’s rising debt burden and its implications for future generations.
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