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Probe: Nigeria’ll Break If NDDC Releases List Of Looters – IMC

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The Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) has said that if it releases the list of those involved in looting the commission, the country would break.
The IMC has also accused members of the National Assembly of plotting to stall the forensic audit ordered by President Muhammadu Buhari.
The Executive Director in charge of Projects at the NDDC, Dr. Cairo Ojougboh, who made the allegation while speaking to newsmen in Abuja, said that Nigerians would be shocked if the commission releases the names and calibre of persons involved in contract scam in 2017 and 2019, especially among members of the National Assembly.
It would be recalled that the Federal Executive Council (FEC), meeting presided over by President Muhammadu Buhari, last Wednesday, approved the forensic auditing of about 12,000 NDDC contracts.
But Ojougboh alleged that the recent pressure by the National Assembly to probe the activities of the IMC was instigated by the fear of the forensic audit.
He said that the mission of the IMC to the NDDC and the Niger Delta region was to ensure that every Naira that had been put into the region through the commission was accounted for, and vowed that the committee would dare every odd to ensure that the mission was accomplished, not minding whose ox was gored.
Ojougboh took a swipe at the National Assembly for condemning the N51million monthly imprest for the office of the Acting Managing Director of the commission, and the N18million imprest for his office, saying that such monies were not personal money but for the upkeep of the place, especially on security.
He alleged that a highly placed member of the National Assembly from the South-South, whom he accused of working against the IMC, has a cumulative imprest of about N100million monthly without the kind of security challenges the NDDC management faces on daily basis.
According to him, “My MD feeds 100 policemen every day, and in Port Harcourt as an executive of NDDC, you need security more than anything, till tomorrow, you know of it. When they are sending these policemen, the instruction is feed them, cater for them, that is what is in the letter the police hierarchy sent.
“So, people are talking about N51million of imprest for the MD, it is a security vote, it’s not for his personal pocket, the money does not go to the MD’s account. Myself, N18million, it does not go to my account, it goes for security and other expenses, and it is retired, there is no fraud in it.”
He said when President Buhari nominated them, and they arrived at NDDC office Port Harcourt, Rivers State capital, the first thing they noticed was that the two chairmen (NDDC Committee) in the National Assembly, were the “De facto management, managers and the executive of NDDC.”
He said as a former member of the National Assembly and a former liaison officer to the President, he has been in the Chambers, and he has been in government since 1999 till date.
“So, I know what time of the day it is in politics and in governance. So, we told them it cannot be business as usual, then, they said we must leave.”
Asked what was responsible for the sudden interest of the National Assembly in the activities of the IMC, he said, “God bless you. It’s the forensic audit that the President has instituted because the National Assembly is culpable. At the end of the forensic audit, you will see members of the National Assembly.
“A senator came and said that in the list of 2016 they brought, that he had only six contracts, I said no, that he had more. What he didn’t know is that we did not release the list for 2017 and the one for 2019. If we release it, this country will break.”
Also asked why the country should break, he said, “Oh, because of the people looting, the calibre, the names and people looting the NDDC. And who engineers it? The chairmen of the NDDC in the Senate and House of Representatives in the National Assembly.
“So, when I explained, I told Mr. President to look, my job here is very simple. Mr. President looks, even if it is the only thing I achieve in my life to make sure that things are put right for the people of the Niger Delta to have the benefit of the NDDC. You can call me any name, you can do anything, you can say anything, I don’t care but I must do the right thing and the right thing is that no one penny will be missing.”
He further alleged that the National Assembly had planned to truncate the progress of the forensic audit through various means; first by using the probes by the committees and later by refusing to sign the budget, saying the refusal to sign the budget is an instrument of blackmail against the IMC.
He said, “Mark you, the National Assembly sabotaged, through the instrumentality of the chairmen of the House and Senate, they sabotaged … if you give them to report, they will say you did not bring performance report. We brought everything that they’ve asked us to bring, but they used the budget as the instrument of blackmail.
“So, they have blackmailed the nation and the Niger Delta in the last 20 years, that is why you see that you cannot go to the Niger Delta today and see ten kilometres of dualised roads done by the NDDC, no. What do you see, 500 meters here, 200 meters there and all of them one billion each”, he said.
He, however, said despite efforts of the National Assembly to muzzle the IMC and frustrate the forensic audit, the audit process had progressed as the first leg of the job had already been concluded and the second and final leg would soon kick-off.
He said, “It has started. Why are we here if it has not? The National Assembly wanted to truncate it, they said they will not pass our budget. You know the forensic audit is in two stages; we have procured the lead auditors and they are at work, they have all the files of all the contracts at the NDDC from inception till date.
“The second stage is to send the various auditors to each of the states, the National Assembly people know that’s where they are culpable so they stopped our budget, but the President said the forensic audit must continue that he will fund it.
“The lead auditors have finished their initial job, they have written their report, now each of the states will have one auditor looking at all the contracts and projects in it. That’s what we came here for today. These auditors will now go back to the states tomorrow, once we finish here today and the council approves it.”
On the allegations of misappropriation against the IMC by the National Assembly committees, Ojougboh said the allegations were just another attempt at blackmail, explaining that the IMC had not awarded a single contract, but had been sorting out what he described as obligatory debts of the NDDC to its contractors.
“That’s the problem. The reason they are touting those multiple billions is just to give us a bad name, the multiple billions that are payments for obligatory debts. The payment is not for me, every year the NDDC spends as much as four to five hundred billion, it is the debt we met on ground.
“People have done their jobs, are we going to say they should not be paid? We have not awarded one contract; people are taking us to court every day. So, we look at the projects, we clear them and we pay. They said we spent, but we didn’t spend, rather we paid historic debts”, he explained.
He further said, “They are talking about Covid-19 payment, the Federal Government is given every citizen N30,000 each, do you know how much Federal Government has spent? The CBN and many other corporations have been giving Covid-19 allowances, which are within their purview, just like NDDC did.
“In the National Assembly, each of the senators got N20million, while the House of Representatives members got N15million for Covid-19 from the National Assembly. They all received Covid-19 allowances.”
Asked if the money spent by the commission on Covid-19 palliatives was budgeted for, he said, the money was spent under emergency.
He said, “It was not budgeted for because it was an emergency, it’s allowed. It comes under emergency. The N30,000 per person that the Federal Government is giving to the citizens, was it budgeted for? Did anybody budget for Covid-19? Nobody budgeted for Covid-19. The SGF is the chairman of the Covid-19 Task Force in Nigeria, was that task force budgeted for? It’s an emergency, and it’s allowed.
“What we are saying is that Nigerians must appreciate Mr. President. Like when we got to the headquarter building, no one thought that building could be completed. Today, we have completed it, we are inside it, but they will come to tell you that we are inside an uncompleted building, which is a very huge lie.
“We are inside the building that is where I go to work every day. It’s all propaganda by the Deputy Senate President, Ovie Omo-Agege, and his cohorts just because they want to throw us out of the place because of politics, and if we didn’t go there, that headquarters building would not be completed.”

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 2027: Be Politically Neutral, Fubara Tasks Traditional Rulers

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Rivers State Governor, Sir Siminalayi Fubara, has charged traditional rulers in the State to maintain neutrality, ensure fairness and uphold peace in their domains as the country prepares for the 2027 general elections.

Fubara gave the charge on Wednesday while declaring open the 126th,  127th and 128th Combined Quarterly Meeting of the Rivers State Traditional Rulers Council, in Port Harcourt.

The governor said the primary function of traditional rulers is to administer justice and ensure fairness, saying their conduct must not lead to division and unmanageable crises.

“Let me therefore, request, if that is the right word to use, that please, as we are entering into this political season actively, everyone should ensure that your conduct promoted  peace in your place. Your actions should not be what would lead to the division and multiple crisis that we cannot manage as a government.

“I  think with that, we can all live as one and we can also continue to make this progress that we are trying with all our mind, our body and our soul, to ensure that we deliver  to our dear State,” he said.

Fubara urged  the royal fathers to abide by the oath and constitution they swore to before ascending their respective stools,  in the interest of stability and progress of the State.

He also enjoined them  to set aside individual sentiments and place the interest of Rivers State above personal considerations, noting that this principle has guided his own day-to-day governance of the State.

“I want to enjoin everyone to keep aside issues of individual sentiments and ensure that the interest of our state supersedes whatever thing that we have in our mind. This is not just what I’m saying here, it is what I’ve also practiced and displayed in my day-to-day life in the governance of our dear State,” he said.

On the appeal for improved welfare  for traditional rulers, the governor clarified that the delay in actualising some of the requests they made  in the past was not from the government but from the inability of the Council to put its house in order.

Fubara explained that the issue of stipends paid to the traditional rulers by the local government councils,  was a statutory benefit provided for in the constitution and not what a state governor can change by mere verbal   pronouncements.

He assured that he remains a man of his word and will fulfill his promises  to the traditional rulers before leaving office, next year.

He reaffirmed his respect for the traditional institution as custodians of culture and the closest link to the people, thanking them for their prayers and support.

The governor urged the royal fathers to ensure that the combined quarterly meeting  featured fruitful deliberations that will strengthen peace and development in the State.

Earlier, the Chairman of the Rivers State Council of Traditional Rulers and Paramount Ruler of Apara Kingdom, His Royal Majesty, Eze Chike Amadi Worlu Wodo,  expressed  profound gratitude to the State Government for its efforts in  maintaining a cordial relationship with the traditional institution.

Wodo highlighted the importance of traditional rulers in conflict resolution, noting that their closeness to the people places them in a strategic position to mediate in  disputes involving chieftaincy matters, family disputes and land ownership in their respective communities.

The royal father drew the attention of the State Government to some  challenges affecting the performance of the traditional institution, particularly the lack of official utility vehicles and logistical support needed to discharge its responsibilities effectively.

He also appealed for improved monthly stipends and better welfare provisions to reflect prevailing economic realities.

 

 

 

 

 

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Tinubu Jets To S’Arabia For Lesser Hajj  …Unveils Free Healthcare For Pensioners 

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President Bola Tinubu yesterday departed Abuja for Makkah in Saudi Arabia, to perform Umrah (lesser Hajj), an Islamic spiritual exercise involving a pilgrimage to the holy city.

The Airbus A330-200 carrying the president took off at 2:20 pm local time, yesterday.

Tinubu was seen off at the airport by the Governors of Kwara, AbdulRahman AbdulRazaq; Borno, Babagana Zulum; Kaduna, Uba Sani; Sokoto, Ahmad Aliyu; Jigawa, Umar Namadi; and Yobe, Mai Mala Buni.

Also present were the Secretary to the Government of the Federation, George Akume; the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi; and Nigeria’s Ambassador to Mexico, Reno Omokri, alongside other government officials.

Special Adviser to the President on Information and Strategy, Bayo Onanuga, had revealed this in a statement signed Wednesday titled ‘President Tinubu departs Abuja for Makkah to pray for the nation.’

According to the statement, the visit will afford the President an opportunity for spiritual reflection, devotion, and prayers for Nigeria’s peace, unity, stability, and continued progress.

“While in Makkah, President Tinubu will perform the religious rites associated with Umrah, seeking Allah’s guidance and blessings for Nigeria and its people,” the statement said.

Before departing Abuja, Tinubu commissioned some equipment acquired by the Nigerian Air Force for its operations at the Presidential Wing of the Nnamdi Azikiwe International Airport.

The President is expected to return to the country next week after completing the spiritual exercise.

Thursday’s visit to Makkah marks the second time Tinubu is performing Umrah since assuming office.

The President had previously visited the holy city in November 2023, shortly after the Saudi-African Summit held in Riyadh, where he also prayed for divine guidance in leading Nigeria.

The trip to Saudi Arabia is the latest in a series of foreign engagements by the President since he was sworn in on May 29, 2023.

Tinubu has visited more than 30 countries in over 50 unique and recurrent trips.

They include countries across Africa, Europe, Asia, the Americas, and the Middle East, including France, the United Kingdom, the United States, China, India, Germany, the United Arab Emirates, Qatar, South Africa, Kenya, Ghana, Ethiopia, Tanzania, Senegal, and several others, on a combination of bilateral, multilateral, and diplomatic assignments.

Meanwhile, Tinubu has unveiled PenCare, a national healthcare initiative designed to provide free medical services to pensioners, beginning with low-income retirees.

Tinubu, who was represented by the Secretary to the Government of the Federation, Senator George Akume, at the opening of the National Pension Week in Abuja, yesterday, said the initiative formed part of his administration’s welfare package for senior citizens.

PenCare is designed as a national retiree well-being programme aimed at improving access to essential healthcare, particularly for pensioners with limited financial resources.

In his address, themed “Pensions for All: Building a Secure Future Together,” the President said a strong pension system was both a social protection necessity and a pillar of economic transformation under the Renewed Hope Agenda.

He said the pension system could also mobilise long-term domestic savings, deepen financial markets and support productive investments.

Tinubu described pensions as an obligation to workers who had served the country, rather than a favour from the government.

“A pension is not a favour granted by Government. It is a wage earned, deferred and held in trust. It is a promise. And this Administration has resolved that the promise will be kept,” he said.

He added that the success of the pension system should be measured by the security and dignity it provided retirees, rather than the volume of funds accumulated.

“Above all, no Nigerian who has served this nation will be forgotten in retirement. Nigeria will keep faith with those who kept faith with Nigeria,” he said.

The President said his administration had taken steps to restore dignity, security and value to the Contributory Pension Scheme.

He also said he had approved a N758 billion Federal Government Pension Bond to settle accrued pension rights and strengthen the Pension Protection Fund.

“That was not an accounting exercise. It was an act of restitution to Nigerians who served their country and were made to wait for what they had earned,” Tinubu said.

Meanwhile, the Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has insisted that the June 30, 2027 deadline for pension fund administrators and custodians to complete their recapitalisation remains unchanged.

Oloworaran said the exercise was necessary to strengthen institutions responsible for safeguarding the retirement savings of millions of Nigerian workers.

“We are not changing our minds. The industry must move beyond the growth in pension assets to building institutions strong enough to safeguard the savings of millions of Nigerian workers.

“Size is what we have achieved. Strength is what we now demand,” she said.

 

 

 

 

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  FG Must Address Nigerians’ Concerns On Reforms -Shettima …Warns Against Misuse of AI, Social Media

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Vice President Kashim Shettima has urged the Federal Government to pay greater attention to Nigerians’ concerns about ongoing economic reforms, insisting that public confidence must be built through transparent communication, credible evidence of progress and responsiveness to citizens’ experiences.

Shettima made the call yesterday at The Duke’s Masterclass 2026, held at Transcorp Hilton, Abuja, where he was represented by his Special Adviser on Economic Affairs, Dr Tope Fasua.

The Vice President said the success of the administration’s economic policies would depend not only on their implementation but also on the government’s ability to demonstrate tangible results and address the challenges confronting citizens.

“Government must continue to communicate, however, its policies clearly, demonstrate progress with credible evidence, and listen attentively to the experiences of citizens,” he said.

Shettima defended the economic reforms introduced by President Bola Tinubu, including petrol subsidy removal, foreign exchange market liberalisation, fiscal restructuring and revenue mobilisation, describing them as measures intended to correct longstanding economic distortions and strengthen Nigeria’s productive capacity.

He explained that the policies were designed to attract investment, improve business confidence, enhance the deployment of public resources and establish conditions for sustainable economic growth.

However, he maintained that announcing policies was insufficient without building public understanding and confidence in their implementation.

The Vice President particularly challenged Nigeria’s elite, professionals and middle class to acknowledge the difficulties facing ordinary citizens while explaining the objectives of the reforms.

“Your role is not to defend every government action uncritically, nor to dismiss the concerns of citizens. It is to help create a more informed and constructive national conversation,” he stated.

He urged professionals engaging traders to recognise the pressures confronting businesses and advised those interacting with young graduates to acknowledge employment challenges while encouraging entrepreneurship and innovation.

According to him, constructive criticism and informed public participation are essential to effective governance and the sustainability of economic policies.

“Constructive scrutiny strengthens governance. Informed public participation strengthens democracy,” Shettima said.

He further stressed that leadership required the flexibility to adjust policy implementation in response to evidence and changing economic circumstances without abandoning established objectives.

Turning to the challenges of artificial intelligence and social media, the Vice President warned that technological advances were increasing the speed and sophistication of misinformation, posing risks to public confidence and institutional reputations.

“A photograph can be manipulated, a voice can be cloned, and a video can be fabricated just with a simple prompt on social media to make an individual appear to have said or done something that never happened,” he warned.

Shettima urged public institutions to strengthen information verification, correct false claims transparently and communicate through trusted channels, adding that speed should never take precedence over accuracy.

He also called for improved digital literacy and responsible use of artificial intelligence.

On economic opportunities, Shettima identified banking, financial technology, oil and gas, agriculture, real estate, construction, commodity exports and the creative industry as sectors capable of supporting investment and employment.

He nevertheless acknowledged the need to address unreliable electricity, inefficient transportation, insecurity, limited access to finance and weaknesses in education and public institutions.

He called for stronger domestic production, export expansion and support for small businesses, while urging that economic opportunities be extended to women, young people and rural communities.

In his opening address, the Chairman of Odu’a Investment Company Limited, Bimbo Ashiru, warned that poor leadership decisions and inadequate crisis preparedness could destroy institutional credibility.

“Reputation cannot be manufactured at the point of crisis. It is built over time through our decisions, our conduct, our values and the consistency between what we say and what we do,” he said.

Ashiru noted that geopolitical tensions, technological changes and economic disruptions were making leadership increasingly difficult, requiring organisations to strengthen accountability, transparency and crisis management.

He disclosed plans to extend the masterclass to London in March 2027.

Also speaking, former Commonwealth Secretary-General, Emeka Anyaoku, recounted his involvement in international conflict resolution, particularly negotiations surrounding South Africa’s transition from apartheid and political tensions in Bangladesh.

He stressed that successful mediation required a thorough understanding of the issues dividing opposing parties, the interests of their leaders and the appropriate timing of public communication.

“Because if you communicate the progress prematurely, you might sabotage the whole process,” Anyaoku said.

The Chairman of AXA Mansard and Group Managing Director of Sahara Power Group, Kola Adesina, criticised Nigeria’s persistent electricity challenges, arguing that public institutions and businesses should be judged by service delivery rather than explanations for poor performance.

“Rather than giving people megawatts of electricity, we are giving them excuses,” he said.

Adesina also condemned corruption, inflated public contracts and failures of accountability, warning that such practices weakened infrastructure, damaged public trust and endangered lives.

Meanwhile, the Chairman of the Duke of Shomolu Foundation, Joseph Edgar, explained that the masterclass was designed to equip organisations and individuals with practical strategies for anticipating crises, managing their consequences and protecting institutional reputations.

He said the initiative complemented the foundation’s use of theatre to promote social cohesion and strengthen public engagement.

 

 

 

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