News
60 MDAs Indicted Over N4trn Non-Remittance
The Auditor
General of the Federation (AGoF) in its report, has disclosed a short-changed
of the nation to the tune of over N4 trillion over a seven-year period by
various ministries, departments and agencies (MDAs).
A 399-page audit , 93 out of 108 MDAs
failed to disclose the nature of accounts with closing balances totalling
N422,374,981,449.18 in 2009 fiscal year, while the sum of N22,941,514,567,
being “cash held from external loans,” had no comparative figure.
The AGF, Mr Samuel Ukura, signed the
399-page audit report, which covers the accounts of the Federal Government for
2009 and detailed how the Consolidated Revenue Account recorded a shortfall sum
of N254, 157,683,917.45; shortfall of N267, 674,270,493.54 in the external loan
out of N582, 621,480,000 obtained by Fund Departments and $200 million transfer
from JP Morgan, which was omitted from the Consolidated Account as of August
13, 2009.
According to the report, the sum of
N214,826,243,694 accrued into sinking fund, interest due on floatation of
bonds, among others were unknown, while N524,372,523,275.79 extracted balances
on capital accounts of 185 MDAs had not been remitted into the Consolidated
Revenue Fund.
The report also showed that the sum of
N109,449,999,997 was paid from Consolidate revenue Fund accounts into
retirement benefit bond redemption fund from 2006 to 2009 without evidence of
investments, as provided in Section 29(1) of the 2004 Pension Reform Act, which
requires the Central Bank of Nigeria (CBN) to estab-lish, invest and manage the
fund.
Another issue raised by the report was
the non-repayment of sum of N306,538,058,709.32, out of which N149,965,780,369
loans and cumulative interests for 2009 fiscal year owed by 18 MDAs to various
companies; N7,291,336,930.09 principal loans and N1,096,183,863 cumulative
interests owed by Federal Housing Authority (FHA) since 2002.
The Public Accounts Committee (PAC),
Chairman Hon. Solomon Adeola disclosed that the committee would soon lay the 1,
200-page report on the investigation of the 2003-2009 AGF’s report before the
House.
The PAC is equally probing the
operation of the Liquefied Natural Gas (LNG). The committee disclosed that LNG
has not remitted revenue into government coffers for seven years.
He said: “On the issue of LNG, you will
agree that the only thing that constitutes revenue today aside taxes is oil.
There is nowhere in the budget where it is stated that revenue from gas.
News
PDP Kicks As APC Wins FCT Council Polls
The Peoples Democratic Party (PDP) has inaugurated a special legal team to handle election petitions arising from last Saturday’s Area Council elections in the Federal Capital Territory.
This comes as the All Progressives Congress (APC) won in Abaji, Kwali, AMAC, and Bwari Area Councils, while the PDP secured victory only in Gwagwalada.
The Tide reports that the council elections were held on Saturday, February 21, 2026, across all six FCT area councils, including Abaji, AMAC, Bwari, Gwagwalada, Kuje, and Kwali.
Results announced so far by the Independent National Electoral Commission (INEC) show that the All Progressives Congress (APC) won in Abaji, Kwali, AMAC, and Bwari Area Councils, while the PDP secured victory only in Gwagwalada.
In a statement issued yesterday by PDP’s National Publicity Secretary, Ini Ememobong, the party congratulated its candidates, who emerged winners in the chairmanship and councilor elections.
The opposition party acknowledged the victories, noting that the number of wins was lower than expected but significant given the alleged irregularities during the polls.
“We specifically congratulate the Chairman-elect of Gwagwalada Area Council, Mohammed Kasim, and the councillors who have been declared successful by the Independent National Electoral Commission (INEC).
“This victory, though less in number than we anticipated, is particularly gladdening because it is against the background of unprecedented intimidation, high-powered money politics, and brazen executive brigandage,” the statement read.
Ememobong claimed that there are reports and video evidence indicating voter intimidation and unlawful conduct that influenced the outcome of the elections.
“Reports and video evidence abound where armed security personnel were used to cart away result sheets in polling units, intimidate voters, and unduly influence the outcome of the elections.”
To address complaints and litigations arising from the polls, he said the party has set up a legal team headed by its National Legal Adviser, Shafi Bara’u, Esq.
The statement urged candidates with legitimate grievances to contact the Legal Adviser promptly, as delays could jeopardise their chances in election petition cases.
“The incredible voter apathy in these polls is a direct response to the anti-people Electoral Act 2026, where the people have completely lost faith in the electoral outcomes from elections conducted under this Act.
“These Local Council polls may just be a foreshadowing of the forthcoming general elections in 2027 if changes are not urgently made,” the statement added.
The PDP called on the National Assembly and the President to take corrective action to safeguard the integrity of Nigeria’s democracy.
News
S’Court Gets New Justice As CJN Swears In Oyewole, Wednesday
The Chief Justice of Nigeria, Kudirat Kekere-Ekun, will on Wednesday swear in Justice Joseph Oyewole as a Justice of the Supreme Court of Nigeria.
The ceremony is scheduled to be held at 2pm at Courtroom Two of the Supreme Court complex in Abuja.
The court urged guests to adhere strictly to the court’s protocols and security measures.
This was contained in a statement issued yesterday by the Supreme Court’s Director of Information and Public Relations, Dr Festus Akande.
The court described Oyewole’s appointment as a step towards reinforcing the capacity of the apex court to deliver fair and timely judgments.
Recall that Oyewole was, until his elevation, a Justice of the Court of Appeal and Presiding Justice of the Enugu Division, and joins the apex court bench as part of ongoing efforts to strengthen the judiciary.
The National Judicial Council recommended Oyewole for the position alongside 35 others for various judicial offices, following its 110th meeting held on January 13, 2026, and presided over by Justice Kekere-Ekun.
The statement partly read, “The Chief Justice of Nigeria, Hon. Justice Kudirat Kekere-Ekun, GCON, will on Wednesday, 25th February, 2026, preside over the swearing-in ceremony of the newly appointed Justice of the Supreme Court, Hon. Justice Joseph Olubunmi Kayode Oyewole, JCA.”
According to the statement, Oyewole served with distinction at the Court of Appeal and as Presiding Justice of the Enugu Division prior to his elevation.
“His appointment underscores the commitment of the Nigerian judiciary to upholding the rule of law, ensuring justice, and strengthening the bench with experienced and dedicated jurists. He brings a wealth of legal expertise and integrity to the apex court to further enhance its capacity to deliver fair and timely judgments,” the statement added.
The apex court further described the swearing-in as “another significant step in rejuvenating the judiciary and ensuring the continued delivery of justice in line with the highest standards of integrity, competence, and impartiality.”
The Supreme Court reiterated its commitment to justice, fairness and judicial independence for the benefit of Nigerians.
News
Fubara Mourns Senator Mpigi
Rivers State Governor, Sir Siminalayi Fubara, has expressed deep shock and sadness over the sudden passage of Senator Barinada Mpigi, the Senator representing South East Senatorial District of Rivers State.
In a tribute to mourn the deceased, Governor Fubara described Mpigi as a brother, a consummate politician and one of the leading lights in Rivers State.
He said that Mpigi died at a critical time when his services were still needed by the people of Rivers State and prayed God Almighty to grant him eternal rest.
The governor commiserated with his immediate family, the Rivers South East Senatorial District and the Senate at large, asking them to take solace in the fact that the deceased lived a good life and impacted positively on the people.
Senator Mpigi died at the age of 64. Until his death, he was the Chairman of the Senate Committee on Works.
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