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2019 Polls: Timi Frank Fires Back At FIRS Over Illegal Campaign Finance
The former Deputy National Publicity Secretary of the All Progressives Congress (APC), Timi Frank, yesterday, charged the “Federal Inland Revenue Service (FIRS), to bury their faces in their hands in shame over their gross act of corruption.”
Frank stated this in response to the denial by FIRS that they handed over N90billion to Vice President, Prof Yemi Osinbajo during the last elections.
The political analyst had raised an alarm that Osinbajo’s ongoing travails was allegedly due to corruption and has nothing to do with 2023 politics.
He had claimed that he has reliable information from his sources in the presidency to the effect that Osinbajo’s travail has nothing to do with 2023 but alleged mismanagement of about N90 billion released by the FIRS to prosecute the last general election in favour of the APC.
But, the FIRS has said it did not make N90billion available to Vice-President for election campaign.
It accused Frank of seeking cheap popularity while threatening that it would file a libel suit if he refuses to tender an apology in three major newspapers within the next 24 hours.
However, Frank has insisted that he cannot be intimidated by the agency’s threat to sue him.
In a statement he personally signed and sent to newsmen, Frank described the tax agency’s “ranting as a puerile attempt to sweep the main issues in his public statement under the carpet.”
He said FIRS thinks they can continue to deceive Nigerians by claiming unfounded budgetary fidelity.
Frank said: “I read the statement by the Federal Inland Revenue Service and I am rather disappointed at their intellectual laziness.
“Who is the FIRS trying to fool by claiming that their annual subvention is not up to a N100 billion? That is an unintelligent attempt to fool the public.
“The FIRS, like the Nigerian National Petroleum Corporation (NNPC), Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) are revenue generating agencies of the Federal Government that do not depend on budgetary subventions.
“These agencies are able to appropriate huge funds from the monies they generate for their use.”
He urged the agency to come clean and tell Nigerians the reason for the discrepancies which exist in their records of tax collection.
“For example, on January 7, 2019, the Federal Inland Revenue Service announced that it had broken Nigeria’s all-time revenue generation record, by generating N5.3trillion in 2018.
“However, on 18th August, 2019, the FIRS’ boss was queried for poor performance and under remittances to the Federation Account by the Chief of Staff to Gen Muhammadu Buhari, Abba Kyari.
“Kyari’s letter to the FIRS’s Boss, Tunde Fowler, was to the intent that the reported ‘record breaking’ revenue the agency claimed to have generated was in reality not up to the revenues generated in the previous Peoples Democratic Party-led administration of President Goodluck Jonathan.
“The query, which was widely published in all newspapers and online media channels, was as a result of the N90billion that the FIRS illegally funnelled to Vice President Yemi Osinbajo for the 2019 elections which led to the shortfall.
“The FIRS should bury their head in the mud and apologise to Nigerians for aiding and abetting corruption,” he said.
The Bayelsa-born political activist called on anti-corruption agencies to arrest and prosecute the leadership of FIRS for aiding and abetting corruption.
He said: “The big question is: what is responsible for the discrepancy? These are questions that the FIRS should be explaining to Nigerians rather than trying to be clever by half in claiming that they do not get up to N100billion per annum, when in fact they expend 50 times that amount.
“I, therefore, call for the immediate arrest and prosecution of the leadership of the FIRS for fraud and money laundering.
“I stand by my statement and am not going to tender any apology to FIRS. They are the ones to apologize to Nigerians for illegally spending taxpayers’ money on elections.
“I cannot be intimidated by threats. I am prepared to meet them in court. Why are they crying more than the bereaved if they have nothing to hide?
“Why did they decide to respond on behalf of the Vice President, who is the main issue here? Is the FIRS now Osinbajo’s mouthpiece?”, Frank added.
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Nigeria Exceeds OPEC Quota As Production Hits 11-month High
Nigeria’s crude oil production has surged to an 11-month high in May, 2026, with the country exceeding its Organisation of the Petroleum Exporting Countries (OPEC) production quota.
The average crude oil production recorded during the month of May represents 102 per cent of Nigeria’s 1.5mbpd of production quota allocated by the OPEC.
The production report released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC), yesterday, disclosed that Nigeria’s oil production averages 1,530,354 barrels of crude oil and 170,446 barrels of condensates per day (bpd).
According to the report, this brings the total combined production to 1, 700, 800 barrels per day and consolidating Nigeria’s position as Africa’s largest oil producer.
The report said the production performance during the review period remained robust, with combined crude oil and condensate output ranging between a low of 1.51 million bpd and a peak of 1.86 million bpd.
It said the May 2026 production figures represented the highest recorded by Nigeria since July 2025, when output surged to 1,712,282.
“In strict crude oil terms (excluding condensates), the 1.53 million barrels recorded in May 2026 represents the highest Nigeria has witnessed since January 2025 when crude oil production hit 1.538mbpd.
“The latest crude oil production statistics thus represents a 15-month high on a month on month basis, production rose by 2.77 per cent in May 2026 as against 1.48mbpd in April,” it said.
The report said the broader production trend over the last five months had also remained positive.
It said combined crude oil and condensate output increased from 1.48 million bpd in February to 1.54 million bpd in March, 1.66 million bpd in April, and then 1.7 million bpd in May, underscoring sustained growth in Nigeria’s hydrocarbon production levels.
According to the report, among production streams, Bonny Terminal led the pack with a total blend of 293,870 bpd, closely followed by Forcados Terminal at 289,900 bpd, Qua Iboe ranked third with 173,360 bpd, while Escravos Oil Terminal contributed 135,470 bpd.
It said the Odudu (Amenam Blend) completed the top five production streams, accounting for 63,250 bpd during the month under review.
The NUPRC attributes the rise in production to a sustained positive momentum as operations remained stable throughout the reporting period with no significant pipeline or facility outages recorded.
Additionally, all previously scheduled turnaround maintenance activities had been successfully completed, contributing to improved operational reliability and production efficiency.
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Reps Pass State Police Bill
The House of Representatives, yesterday passed a landmark constitutional amendment bill to establish state police nationwide, marking a significant milestone in Nigeria’s decades-long debate over decentralising policing and strengthening internal security.
The bill, titled “A Bill for an Act to Alter the Constitution of the Federal Republic of Nigeria, 1999 to Provide for the Establishment of State Police and for Related Matters (Sixth Alteration) Bill, 2026,” was approved during consideration at the Committee of the Whole, presided over by Speaker of the House, Rt. Hon. Tajudeen Abbas.
Voting commenced after the Deputy Speaker and Chairman of the House Committee on Constitution Review, Hon. Benjamin Kalu, presented the report on the proposal and canvassed support from lawmakers, stressing the need for a more decentralised policing framework to effectively address the country’s growing security challenges.
The exercise was conducted manually, with members raising their hands to indicate their positions. At the end of the voting, 289 lawmakers voted in support of the bill, one member abstained, while none voted against it, reflecting overwhelming bipartisan backing for the far-reaching reform.
The proposed amendment seeks to fundamentally restructure Nigeria’s policing architecture by creating both Federal and State Police formations.
One of the bill’s key provisions amends Section 214 of the 1999 Constitution to formally establish the Federal Police and the State Police. Under the proposal, the National Assembly would be empowered to prescribe the structure, organisation, administration and powers of the Federal Police, while also providing the legal framework and minimum standards for the establishment and operation of state police services.
The bill stipulates that no state police formation shall commence operations unless it is established by a law enacted by the relevant State House of Assembly and certified as complying with national minimum standards prescribed by an Act of the National Assembly.
It further provides that until a state police force becomes operational, the Federal Police shall continue to exercise policing powers and responsibilities within such states.
In a bid to preserve the autonomy of state police formations and prevent undue federal interference, the bill limits federal intervention in states’ internal security affairs. Under the proposal, the Federal Police may intervene only where there is a complete breakdown of law and order, upon the request of a governor or where a state police force becomes unable to function due to administrative, financial or other operational challenges.
The amendment also proposes significant changes to the police’s appointment and command structure.
Under the amended Section 215 of the Constitution, the Inspector-General of Police would be appointed by the President on the advice of the Nigeria Police Council from among serving members of the Federal Police, subject to confirmation by the National Assembly.
Similarly, a State Commissioner of Police would be appointed by a governor on the advice of the Nigeria Police Council from among serving officers of the State Police, subject to confirmation by the respective State House of Assembly.
The bill empowers governors to issue lawful directives to State Commissioners of Police on matters relating to public safety and the maintenance of law and order. However, where a commissioner considers such directives unlawful or inconsistent with accepted policing standards, the matter may be referred to the Nigeria Police Council, whose decision shall be final.
The proposal also amends Section 84 of the Constitution by replacing references to the “National Police Council and the Federal Police Service Commission” with the “Nigeria Police Council and the Police Service Commission.”
The passage of the bill by the House represents one of the most far-reaching security reforms contemplated since the return to democratic rule in 1999 and is expected to rekindle nationwide debate on issues relating to funding, accountability, operational control and safeguards against abuse.
With the House’s approval, the constitutional amendment bill will now proceed to the Senate for concurrence. Thereafter, it must secure the endorsement of at least two-thirds of the State Houses of Assembly and receive presidential assent before becoming part of the Constitution of the Federal Republic of Nigeria.
If eventually enacted, the legislation would usher in a new era of multi-layered policing in Nigeria and could redefine the country’s approach to tackling banditry, terrorism, kidnapping and other forms of violent crimes through a more localised security architecture.
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FG Declares Today Public Holiday To Mark Democracy Day
The Federal Government has declared today, public holiday to commemorate Nigeria’s 27 years of unbroken democratic rule.
This is contained in a statement in Abuja, by the Permanent Secretary, Ministry of Interior, Magdalene Ajani.
Ajani said that the Minister of Interior, Dr Olubunmi Tunji-Ojo, made the declaration on behalf of the federal government.
Tunji-Ojo reaffirmed the federal government’s commitment to the preservation of democratic ideals, rule of law, transparency, accountability and inclusive governance.
He assured that the ministry in collaboration with relevant security agencies woulsd continue to take appropriate measures in maintaining and strengthening Nigeria’s internal security.
The minister noted that a secured and stable environment was essential to democracy and national development.
He urged Nigerians to see the holiday as an opportunity for civic reflection.
“As we mark this historic day, every Nigerian is encouraged to remain law-abiding, uphold the institutions that sustain our democracy, and remember that the strength of any democracy lies ultimately in the character of its citizens,” he said.
He also said that June 12 every year remained a significant day in Nigeria’s history in honour of the courage, resilience and sacrifices of Nigerians whose efforts made democratic governance possible.
“Their legacies continue to inform the values and responsibilities of the Nigerian state,”Tunji-Ojo added.
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