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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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Victory Over Insurgency Certain, Tinubu Assures
President Bola Tinubu has expressed confidence that the country would win the fight against insecurity.
The President gave the assurance at the Argungu International Fishing Festival in Argungu town, Kebbi State, on Saturday.
He noted that the relative peace currently being enjoyed in Kebbi and neighbouring states was the result of sustained investments in security intelligence, coordination among security agencies, and community engagement.
Tinubu assured farmers and fishermen of sustained federal support to guarantee food security and safety across the country.
“The peace we are witnessing today is not accidental. It is the outcome of deliberate and sustained efforts. I assure you that the fight against banditry, insurgency, and insecurity will be won.
“Our farmers, fishermen, traders, and families will go about their lawful activities without fear,” he assured.
The President commended the organisers of the festival for sustaining the cultural event for decades, noting that it had endured for 83 years despite social and security challenges.
Describing the Argungu festival as a powerful symbol of unity, resilience, and peaceful coexistence, Tinubu stated that it reflects the richness of the country’s culture and the opportunities to harness its natural and human resources for national growth.
He said, “Today, this festival stands as a powerful symbol of unity, resilience, and peaceful coexistence among our people.
“It reflects the richness of our culture, the strength of our traditions, and the opportunities inherent in harnessing our natural and human resources for national development.”
The President was received by a large crowd of residents, traditional rulers, fishermen, tourists, and government officials from across the country.
The President reaffirmed his administration’s commitment to youth and women empowerment, irrigation development, rural electrification, and agricultural productivity.
Earlier, the Kebbi State Governor, Nasir Idris, said his administration was determined to elevate the Argungu Fishing Festival to full international standards while pursuing aggressive development across critical sectors of the state.
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US Embassy, Lagos Consulate Close Today For President’s Day
The United States Embassy in Abuja and the Consulate General in Lagos will be closed today, in observance of Presidents’ Day.
The mission made this known in a notice shared on its official X page, yesterday.
“The U.S. Embassy in Abuja and the Consulate General in Lagos will be closed on Monday, February 16, 2026, in observance of Presidents’ Day,” the post read.
According to the embassy, Presidents’ Day was originally established to honour the birthday of the former US President, George Washington, but has evolved into a day to celebrate all U.S. presidents and their leadership in shaping the country’s history.
The embassy noted that the holiday also recognises the influence of U.S. presidents on global affairs.
In a related message, the mission highlighted that Washington created the first “Badge of Military Merit,” which later became the Purple Heart. The medal still bears Washington’s image today.
Presidents’ Day is observed on the third Monday of February annually in the United States as a federal holiday.
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Guterres Backs Nigeria’s Bid For UN Security Council Seat …Hails Tinubu’s Reforms, Regional Security Role
United Nations Secretary-General, António Guterres, has charged Nigeria with spearheading Africa’s quest for a restructured global order, describing the country as uniquely positioned to lead the continent toward superpower status.
Guterres, who backed Nigeria’s bid for the world body’s security council seat, also praised the economic reforms of the President Bola Tinubu-led administration as well as Nigeria’s leadership in stabilising the Sahel and ECOWAS regions, despite facing its own security challenges.
The UN scribe made the remarks last Friday night during a high-level bilateral meeting with Vice President Kashim Shettima on the sidelines of the 39th African Union (AU) Summit in Addis Ababa, Ethiopia.
Speaking during the meeting, Guterres said Nigeria’s large population, sustained democratic governance, vast natural and human resources, and longstanding commitment to multilateralism placed it in a unique position to lead Africa in the evolving global order.
“Given Nigeria’s demographic strength, democratic continuity and deep resource base, the country stands a real chance of leading Africa to becoming the next superpower in the evolving global architecture,” he said.
The UN Secretary-General and the vice president discussed key developments in Nigeria and the country’s expanding leadership role in promoting regional stability across West Africa and the Sahel.
Guterres commended the remarkable and outstanding reforms of the administration of President Tinubu, noting that Nigeria’s bold economic restructuring and security commitments have strengthened its continental standing.
The meeting focused on strengthening Nigeria–UN collaboration to advance global economic growth, peace and security, sustainable development, and a coordinated humanitarian response across Africa.
In his remarks, Shettima thanked the UN Secretary-General for his leadership in advancing global peace, noting that Africa has benefited immensely from his tenure, even as the United Nations undergoes internal restructuring.
“We remain committed to multilateralism and to deepening our partnerships with the United Nations and other global institutions,” the vice president said.
Shettima also reiterated Nigeria’s longstanding call for comprehensive reform of the United Nations system to reflect evolving global realities.
He emphasised that Africa must have stronger representation in global decision-making structures and declared that Nigeria deserves a permanent seat on the United Nations Security Council.
Both leaders pledged to deepen cooperation, with Guterres reaffirming the UN’s support for Nigeria’s reform agenda and its growing leadership role in advancing peace, security, and development across Africa.
