Politics
No Budgetary Approval For CAC -Reps
The House of Representatives has said that there would be no 2022 budgetary approval for the Cooperate Affairs Commission (CAC) until its financial report from 2016 to 2020 is submitted.
Chairman, House Committee on Finance, Rep James Faleke, said this, yesterday in Abuja at the public hearing of 2022 to 2024 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
Faleke called the attention of the Budget Office not to grant the commission any budgetary request until it cleared with the committee.
He said that the 2021 budgetary performance of CAC had already put it in deficit, adding that such spending would not augur well for the financial status of the country.
“I have worked in private organisation before coming to the House of Reps, and they will always regulate their expenses and not spend beyond what they generate.
“In you case, you borrow money upfront even before the money comes, therefore, you will have to submit your 2018 -2020 financial report before you are granted audience for 2022 budget,” Faleke said.
He added that from the documents submitted to the committee by the commission from 2016 to 2020, its revenue had always been lower than expenditure.
“You expended what you do not generate, this agency needs a total overhaul to turn it back to what is supposed to be.
“Today all the registration are done online, yet you are still carrying unbearable overhead, things need to change”, the committee stated.
However, the Registrar-General of CAC, Alhaji Abubakar, noted that most of the expenditures by the commission were settlement of liabilities
He stated that as at 2020 they had a liability of N2.024 billion, adding that the commission’s record was cleared and it had not been cooking its book as insinuated by a member of the House.
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He predicted that before the next election cycle, Abia’s political landscape would witness broken alliances, surprising mergers, and new contenders emerging from within established networks.
Prophet Arogun concluded with a broader appeal to Nigeria’s political leaders, emphasizing the need for justice, peace, and integrity in public governance.
“Nigeria is the assignment. Only righteousness will stabilize this nation. Only fairness will preserve the mandate. Let those who have ears hear”, he said softly.
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Politics
Makarfi Resigns As PDP BoT Secretary
Senator Makarfi’s resignation comes on the heels of the national convention that saw the emergence of the new Chairman of PDP, Dr Kabiru Tanimu Turaki (SAN).
In his letter of resignation, which was addressed to the PDP BoT Chairman, Senator Adolphus Wabara, and made available to journalists in Kaduna on Monday evening, the former governor said, “Chairman and Members of the Board of Trustees may recall that about two months ago I had resigned as Secretary of the Board and posted same on the Board’s WhatsApp platform.
“Mr Chairman, you may also recall that you personally urged me to stay on until after a convention that produced a Chairman.”
He added that the principal reason he initially tendered his resignation then “and now, was and is still my belief that the National Chairman of the Party and Secretary of the Board of Trustees should not come from the same geopolitical zone.
“Now that a chairman has emerged from the North West, where I come from, it’s necessary to give him full space to do the needful. Accordingly, I hereby formally resign as Secretary of the Board of Trustees of the Peoples Democratic Party with effect from today, November 17th, 2025.”
While commending the BoT Chairman for his support during his tenure as Secretary of the Board, he stressed, “I truly appreciate the very respectful relationship between us during my period as Secretary,” adding that, “I also appreciate all Board members for their support and the good relationship that prevailed during my period as Secretary.”
Meanwhile, Dr Turaki on Monday pledged to ensure that power returns to the Nigerian people, urging the judiciary to uphold the tenets of democracy.
Dr Turaki, while giving his acceptance speech after the swearing-in of new officers at the end of the Elective Convention of the PDP in Ibadan, assured that there will be “no more impunity, no more suppression of the will of Nigerians”.
The chairman appealed to the judiciary to uphold the principles of stare decision, abiding by the decisions of the Supreme Court, and not to “willingly or unwillingly put yourselves in a situation where, rightly or wrongly, it may be assumed, correctly or incorrectly, that you are part and parcel of the process to truncate Nigerian democracy.”
According to him, the new leadership of the party would be open to listening to the yearnings of members, with a view to aligning with their will, declaring that “No more monkey dey work, baboon dey chop,” adding that “if baboon wants to chop, baboon must be seated to work.”
He noted that the PDP has maintained its original name, motto and logo, unlike the other parties that started with it, making it a recognised brand anywhere in Nigeria.
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