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Senate Asks Minister, NEPZA MD To Refund N14.3bn

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The Senate has directed the Minister of Industry, Trade and Investment, Okechukwu Enelemah; and the acting Managing Director of Nigeria Export Processing Zones Authority, Terhemba Nongo, to return N14.3bn to the purse of the Federal Government.
It claimed that the money was diverted from the 2017 budget of NEPZA.
The directive was contained in a letter written by the Chairman of Senate Committee on Trade and Investment, Mohammed Sabo.
Sabo, a member of the ruling All Progressives Congress representing Jigawa South-West, in the letter warned the minister and the NEPZA boss to either refund the money immediately or be prepared to face dire consequences.
The senator, while addressing journalists on Monday in Abuja, alleged that the money was transferred from NEPZA’s account into the account of a private company, the Nigerian Special Economic Zone Company.
He said the money was hurriedly transferred between April 8 and 10, despite an earlier warning not to do so.
Sabo claimed that the money was first lodged in NEPZA’s account domiciled with the Central Bank of Nigeria from 2017 budget allocations.
He said the money was thereafter moved into the private firm’s account.
The senator said, “To prevent this fraud, my committee wrote a letter to the CBN Governor, Godwin Emefiele, on April 8, asking him not to release the money.
“But we have confirmed that the money has been released and transfered by NEPZA, in collaboration with the minister, into a private company’s account.
“This is unacceptable to us. Hence, we have directed that money be returned.”
Copies of the Senate committee’s letter, addressed to the minister, were made available to journalists.
The letter dated April 25 was tilted “Re: Transfer of N14.3bn from NEPZA Account to Nigeria Special Economic Zone Company.”
It read, “Pursuant to Section 80(2)(3) and (4) of the Constitution of the Federal Republic of Nigeria 1999 as amended and Financial Regulation, sections 313 and 314 and Senate Standing Order 98, 14(a-s) of 2015 as amended, we hereby write to you on the above matter.
“That you should return the N14.3bn that was transferred from NEPZA’s account to the Nigeria Special Economic Zone Company’s account.
“That the transferred money must be returned to the treasury within one week from the date of receipt of this letter.
“The available information shows that the said money is in the account of the Nigerian Special Economic Zone Company unappropriated for.
“That failure to comply with this directive will be visited with appropriate legislative action against your ministry as well as the company.”
The Senate on Monday held an investigative hearing on the alleged forceful takeover of farmlands in five communities in the Federal Capital Territory, Abuja, by the Nigerian Army.
Members of the affected communities, under the auspices of the Coalition of FCT Indigenous Associations, stormed the National Assembly Complex.
The security personnel on duty, led by the Divisional Police Officer, National Assembly Division, Mr Abdullahi Sambo, made frantic efforts to prevent the crowd from entering the building.
Some of them were, however, allowed to enter the building.
Speaking with our correspondent, one of the leaders of the delegation, Mr Ezekiel Musa, stated the only prayer by the communities to the lawmakers was an immediate vacation of the farmlands by soldiers.
He said, “We are here to make a very clear statement about our situation and the pathetic issue here in the FCT as indigenes and original inhabitants of this place.
“Now, it is the business of the Nigerian Army coming to kill our people, to move people by force, destroying their houses, destroying their farm produce, killing and brutalising them, just to take over the land by force.
“And what are they doing? They are building cattle ranches, abattoir, international cattle market and all sorts of nonsense that they think are more important than human beings; the lives they are supposed to protect.
“Instead of taking up arms, ambushing Nigerian Army, looking for where to retaliate, we said ‘no, let us use the legal means.’ And that is why we are here at the National Assembly.
“We have been here many times and finally, an investigative public hearing has been scheduled for today (Monday), where the Army and everybody will be at a roundtable to see how best to resolve this matter.
“The first thing is clear; Nigerian Army does not have a title document of that land. The FCTA has over the time and in so many fora said they had never allocated that land to Nigerian Army.
“So clearly, this is an illegality of the highest order, impunity taken too far and insensitivity on the part of the Nigerian government. So, all we are here for is how best to tell them to vacate that land.”
The natives had recently laid siege to the main gate of the National Assembly Complex and the Office of the Secretary to the Government of the Federation in protest against alleged killing and land-grabbing by the Nigerian Army.

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Reps Constitution Review Committee Holds Zonal Hearing For Rivers, C’River, Akwa Ibom In Calabar

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In a renewed effort to deepen Nigeria’s constitutional democracy, the House of Representatives Committee on the Review of the 1999 Constitution has announced the commencement of its Zonal and National Public Hearings across the country.

A press statement issued by the Chief Press Secretary to the Cross River State Governor, Mr Linus Obogo, disclosed that the Calabar Centre — designated as Centre B — will host representatives and stakeholders from Cross River, Rivers, and Akwa Ibom States.

The public hearing is scheduled to take place on Saturday, July 19, 2025, at 10:00 a.m. at the Transcorp (Metropolitan) Hotel, Calabar.

The initiative, according to the statement, is designed to promote inclusive dialogue and capture the aspirations of Nigerians from all regions.

It aims to serve as a platform for citizens to contribute meaningfully to the ongoing national efforts to refine and strengthen the country’s legal and institutional frameworks.

“Citizens, civil society groups, professional bodies, traditional rulers, and other interest blocs are invited to participate in this landmark engagement aimed at advancing a more just, equitable, and responsive Nigerian Constitution,” the statement read.

The hearing forms part of the broader review process of the 1999 Constitution (as amended), and is seen as a strategic move toward fostering national unity and addressing structural legal issues within the federation.

 

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Tinubu’s Contribution To Buhari’s Presidency Marginal – Ex-SGF

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Former Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, has stirred fresh political controversy by dismissing claims that President Bola Tinubu was highly instrumental to former President Muhammadu Buhari’s emergence in 2015 after the merger of political parties that formed the All Progressives Congress (APC).

For the first time since 2022, when then-presidential aspirant Alhaji Bola Tinubu declared he made former President Buhari Nigeria’s President in 2015, Mr Mustapha dismissed the claims, stressing that the merger only contributed about three million votes in addition to Buhari’s existing 12 million votes in the North.

He insisted that former President Buhari’s integrity, national stature, and disciplined messaging were central to the breakthrough, not the three million votes from the merging parties, which he described as insignificant.

Speaking on the role of the merging parties, particularly President Tinubu, the leader of the Action Congress of Nigeria (ACN), Mr Mustapha, who was the keynote speaker at the launch of the book ‘According to the President: Lessons from a Presidential Spokesman’s Experience’ authored by Mallam Garba Shehu, described the impact of the votes from other merging parties as very insignificant.

In attendance were former Head of State Yakubu Gowon, chair of the event; immediate past Vice President Yemi Osinbajo; SGF George Akume, who represented President Tinubu; PDP’s 2023 presidential candidate Atiku Abubakar; former Chief of Staff to Buhari Ibrahim Gambari; elder statesman Babagana Kingibe; former governors Nasir El-Rufai (Kaduna), Kayode Fayemi (Ekiti), Chris Ngige (Anambra), Rauf Aregbesola (Osun), Raji Babatunde Fashola (Lagos); former ministers Solomon Dalung and Sunday Dare; former Army Chief Tukur Buratai, and Bayo Onanuga, President Tinubu’s spokesman, among others.

According to Mr Mustapha, “I do not intend to stir up any controversy. The merger in 2013 was midwifed to create a Buhari presidency. Let us look at the statistics. In the 2003 election, it was the Obasanjo-Buhari presidential contest where Buhari recorded 12.7 million votes. In 2007, it came to 6.6 million, and it went back to 12.2 million in 2011.

“When we were conceptualising the merger, what would give us a headstart? Obviously, it was at the back of our consciousness that the merger with the Congress for Progressive Change (CPC), though it had only one state, the ACN had six states, ANPP three states, and when you sum up the total votes that we had as the presidency in 2015, the aggregate of the total votes was 15.4 million.

“So, basically, what we brought to the table after the merger outside the Buhari 12.5 million votes was three million. Before turning to that presidency, it is important to recognise the former President’s role in reshaping Nigeria’s political trajectory.

“In early 2013, as the leader of the CPC, Buhari formally requested and supported the creation of a CPC merger committee, part of a broader coalition-building process that brought together the ACN, ANPP, APGA faction, and elements of the ruling party through the breakaway ‘new PDP’ group. His endorsement and participation, along with other party leaders such as President Tinubu and Senator Ali Modu Sheriff, lent credibility and direction to the merger, helping to unify disparate party factions under the banner of the APC. That coalition-building paved the way for the first democratic defeat of an incumbent ruling party in Nigeria’s history.

“President Buhari’s integrity, national stature, and disciplined messaging were central to that breakthrough. No account of President Buhari’s tenure would be complete without acknowledging the extended periods he spent on medical leave. These moments, while politically delicate, were also telling of his leadership philosophy and personality,” he said.

In his remarks, President Tinubu promised to build on the legacies of former President Buhari, stressing that “nation-building is a relay. The efforts of one administration lay the foundation for the next.

“In this regard, I acknowledge the efforts of my predecessor, President Buhari, and assure all Nigerians that the reform-oriented path he initiated will be consolidated and strengthened under this administration. Our Renewed Hope Agenda is inspired by the desire to build a resilient, just, and inclusive Nigeria—a nation that delivers dividends of democracy to all its citizens”.

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Your Lies Chasing Investors From Nigeria, Omokri Slams Obi

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Former Presidential aide, Mr Reno Omokri, has accused Labour Party’s 2023 presidential candidate, Mr Peter Obi, of spreading false information about Nigeria’s debt profile, claiming it is deterring foreign investors from the country.

Speaking during an appearance on live television on Wednesday, Mr Omokri alleged that Mr Obi’s statements were misleading and damaging to the country’s economic prospects.

Mr Omokri said some investors currently operating in Nigeria were considering exiting the market due to Mr Obi’s remarks.

“That is not true. He doesn’t rile me up. I rile him up. The reason why I came here is because I’m a patriot. Peter Obi lied. You know, foreign direct investors are watching your programme, who are making investment decisions not to come to Nigeria. There are foreign investors in Nigeria that are making investment decisions to leave Nigeria because of the lie he told.

“One of the lies he told is that President Tinubu has borrowed more than the administrations of Yar’Adua, Jonathan, Buhari. That is a blatant lie”, Mr Omokri said.

To buttress his claims, Mr Omokri referenced figures from the Debt Management Office (DMO), maintaining that President Tinubu had actually reduced Nigeria’s external debt burden since assuming office.

“I have here with me data from the Debt Management Office, and Nigerians who are watching can go to DMO.com and search Debt Management Office, Nigeria State of Indebtedness 2015.

“As of 2015, Nigeria was owing a total of $63 billion. When Buhari was leaving office, Nigeria was owing $113 billion. Today, from the DMO, our debt has gone from $113 billion to $97 billion, meaning that Tinubu has reduced our debt by over $14 billion.

“We should be appreciating this man. Yet Peter Obi came here and lied to the Nigerian people. He took the debts and translated them into naira to make it look like the debts have increased”, he said.

 

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