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122 Agencies Fail To Remit N1.2trn Surplus Revenues, FG Admits

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The Fiscal Responsibility Commission (FRC) has said 122 Federal Government agencies have failed to remit N1.2trillion operating surpluses to the Consolidated Revenue Fund (CRF).
The Acting Chairman of the commission, Barrister Victor Muruako, disclosed this at a management retreat, yesterday, saying that the unremitted revenue are often mismanaged.
“Today, our records still show that most of the 122 agencies of government are in default of more than N1.2trillion which can fund a substantial portion of the FGN budget deficit if remitted in line with Fiscal Responsibility Act (FRA) 2007.
“These sums are calculated from the already submitted end of year audited accounts of the defaulting agencies, which means the monies can be traced and recovered,” he said.
Muruako said FRC has caused these Government-Owned Enterprises (GOEs) to remit over N1.7trillion to the CRF, but noted that the Commission was starving of funds as it only has N380million in the 2020 budget to operate with.
On curbing these unremitted surpluses, he said, “The commission has insisted that only if the government can implement the FRC’s recommendations of reining in more GOEs in the Schedule of the FRA, 2007, there might be no need for the government to go borrowing to fund the budget.”
The FRC boss also said from the initial 31 corporations captured by the Act, 92 other firms have been added by the Ministry of Finance based on FRC’s recommendations, which caused GOEs to remit the N1.7trillion to the CRF.
Meanwhile, the Federal Government, yesterday, raised concerns that lack of collaboration between Ministries, Departments and Agencies (MDAs) affect service delivery and increasing cost of governance.
It says that going forward, interagency collaboration will be pushed in order to make rapid progress in service delivery.
The Secretary to the Government of the Federation (SGF), Boss Mustapha, said this in a paper entitled “Reflection on ministerial performance” on the second day of the First Year Ministerial Performance Review Retreat held at the State House Conference Centre, Abuja.
According to him, significant progress has been made in the nine priority areas of the President Muhammadu Buhari’s administration, noting that while the scorecard of ministries showed that much progress has been made on several fronts, a lot more needed to be done in meeting set targets.
Mustapha said: ‘Several ministries have made significant strides in the pursuit of their objectives and we shall take steps towards supporting them to do more.
“Some others have been challenged by a number of factors and we will take steps towards addressing these challenges and supporting them.
“These challenges, some of which we have identified; such as the need to collaborate at the priority area level and avoiding the debilitating effects of working in silos.
“This challenge has hampered speed, efficiency, effective delivery, and in several instances has added to, and increased the cost of running the Ministries, Departments and Agencies.
“We will have to support government to work in a more joined up manner and ensure that interagency collaboration becomes the norm, rather than the exception.
“It is our collective task to maximise the opportunities, mitigate and minimise the challenges in order that we can make rapid progress going forward.”
The SGF reiterated that the impacts of Covid-19 pandemic have had an adverse effect on nations across the globe, including Nigeria.
According to him, several projects have either slowed down, and in some cases, have stalled altogether as a result of the pandemic.
Mustapha, however, assured that “we shall weather this storm and indeed actively seek and exploit the opportunities that it presents. The Economic Sustainability Plan which was presented by Mr. Vice President, is one of the ways the government has responded towards cushioning the effect of the Covid-19 pandemic.
“Low revenues which have affected the timely release of funds, especially for the implementation of capital projects have been repeatedly mentioned as one of the major constraints to the implementation of MDA’s programmes and projects.
“We will not rest on our oars in seeking other alternative sources to raise funds for projects beyond revenue from government.”
Another area of concern, according to the SGF is the issue of inadequate capacity in the public service, which he described as a critical challenge that must be addressed.
He noted that the Office of the Head of the Civil Service of the Federation is currently working in that regard.
Mustapha said in order to address other related constraints, interagency collaboration and partnerships in government, as well as explore private sector resourcing in key MDAs where subject matter experts equipped with strategic skill sets to facilitate project delivery are required, will be encouraged.
“Our commitment going forward is to build on the progress we have made in the past year, reflect on the lessons learned, fix those issues that have proved to be impediments, double our efforts and ensure that this time next year when we gather again to review progress, we will be reporting more tremendous gains and achievements.
“To achieve this objective, it is planned that the Delivery Unit at the Office of the Secretary to the Government of the Federation will support the ministers and the respective MDAs towards the actualization of this objective.
“Going forward, we need to formulate more home grown solutions, which I believe you have actually deliberated upon during the breakout sessions yesterday (Monday), to see what and how people in other climes are faring and where it suits, adopt and adapt what has worked as the World Bank Chief Economist suggested yesterday,” he added.
The SGF also assured ministers that his office will continue to support them on prioritisation of initiatives to focus on key projects and ensure alignment to the President’s overall objectives.

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Senate Holds Emergency Meeting ‘Morrow

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The Senate has announced that it will hold an emergency plenary sitting tomorrow (Tuesday).

The announcement was made yesterday in a statement signed by the Clerk of the Senate, Emmanuel Odo, who said all senators have been requested to attend.

“The President of the Senate, Godswill Akpabio, has directed the reconvening of plenary for an emergency sitting on Tuesday, February 10th, 2026,” the statement read.

The session is scheduled to commence at 12 noon.

This comes just days after the Senate passed the amendment bill on February 4, but voted down Clause 60(3), which would have required presiding officers to electronically transmit results from polling units directly to the Independent National Electoral Commission’s Result Viewing portal in real time.

The rejected clause aimed to make the process mandatory.

The lawmaker replaced it with the current discretionary “transfer” of results, which allows electronic transmission only after votes are counted and publicly announced at polling units.

Civil society groups and opposition figures in the country have condemned the Senate’s decision, labelling it a setback for Nigeria’s democratic progress.

Senate President Akpabio has, however, defended the Senate’s actions, insisting during a public event that the Senate did not reject electronic transmission and vowing not to be intimidated.

Tomorrow’s emergency sitting could see the Senate reconsider the rejected amendment amid public outcry and potential legal challenges from figures such as lawyer Femi Falana, with possible implications for Nigeria’s democratic processes and the balance between incumbency protections and verifiable voting technology.

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Probe Senate Over Electoral Act, Tax Laws, SERAP Tells CCB

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The Socio-Economic Rights and Accountability Project (SERAP) has petitioned the Code of Conduct Bureau (CCB) to investigate members of the Senate and other public officers over alleged irregularities in the passage of the Electoral Act Amendment Bill and the Tax Reform Laws.

According to a statement issued yesterday by SERAP’s Deputy Director, Kolawole Oluwadare, the organisation is seeking a prompt, thorough, and effective probe into claims that some senators removed provisions on electronic transmission of election results from the Electoral Act Amendment Bill during plenary, despite a majority having voted for their inclusion and without any debate on the proposed removal.

“According to our information, certain members of the Senate allegedly removed the provisions on electronic transmission of election results from the Electoral Act Amendment Bill during plenary after the majority of the senators had voted for the inclusion of the provisions and without any debate on the proposed removal of the said provisions,” SERAP said.

The organisation also requested the CCB to investigate alterations in the Tax Reform Bills, which reportedly led to discrepancies between the harmonised versions passed by the National Assembly and the copies signed into law and gazetted by the Federal Government.

“Similarly, the National Assembly recently alleged that there are unlawful alterations and some material differences between the tax reform bills passed by the legislative body and the tax reform laws gazetted by the Federal Government.

“A Sokoto lawmaker, Abdussamad Dasuki, raised the issue under a matter of privilege, drawing the attention of the House to the alleged discrepancies between the harmonised versions of the tax reform bills passed by both chambers of the National Assembly and the copies gazetted by the Federal Government.

“The lawmakers said the alterations contained in the gazetted copies did not receive legislative approval. These alleged unlawful alterations raise questions over the legality and legitimacy of both the law-making processes and the versions of the tax laws circulated by the Federal Ministry of Information,” the petition added.

The Senate had denied removing the provisions on electronic transmission of election results, saying it only removed the term “real time” from the sentence, citing judicial concerns.

Similarly, the National Assembly had initiated investigations into the alleged discrepancies in the tax bill and released a “certified” version of the Acts to address the contradictions. The law took effect on January 1, 2026.

SERAP said the petition is submitted under paragraphs 1 and 9 of the Code of Conduct for Public Officers contained in the Fifth Schedule, Part 1 of the 1999 Constitution (as amended), and sections 5 and 13 of the Code of Conduct Bureau and Tribunal Act.

It alleged that the processes leading to the passage of the Electoral Act Amendment Bill and the signing of the Tax Reform Laws were marked by alterations to bill provisions without debate and due process of law, as well as alterations to the Tax Reform Bill without the approval of the National Assembly.

“The petition raises issues of conflict of interest, abuse of office, non-disclosure of interests, lack of due process, and erosion of the Code of Conduct for Public Officers in the exercise of legislative power.

“There are also allegations that certain amendments may have been removed or introduced to the Electoral Act Amendment Bill and the Tax Reform Laws to serve private or political interests rather than the public interest,” the petition reads.

Citing the Constitution, SERAP noted that public officers must not place themselves in situations where personal interests conflict with official duties.

Specifically, the organisation asked the Bureau to formally register the petition and “promptly, thoroughly, transparently, and effectively investigate the conduct of the lawmakers and officers of the executive branch allegedly involved;

“Examine whether inducements, benefits, or promises were offered or received in connection with those acts;

“Examine whether the alleged cumulative conduct of lawmakers and officers of the executive branch amounted to abuse of legislative power, conflict of interest, and breach of due process, contrary to the Code of Conduct for Public Officers;

“Refer any substantiated violations to the Code of Conduct Tribunal; and

“Take all necessary steps to uphold the principle that public office is a public trust.”

The petition requested that the Bureau consider the complaint within seven days, warning that legal action could follow if there is no response.

Dated February 7, 2026, the petition was signed by Oluwadare and sent to the Chairman of the Code of Conduct Bureau, Mr Abdullahi Bello.

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Red Cross Unveils New Generation Of Humanitarians In PH

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The Nigerian Red Cross Society (NRCS), Rivers State Branch, has expanded its humanitarian footprint in Rivers State with the formal inauguration of student volunteers at Command Children School (CCS), Bori Camp, Port Harcourt, marking a significant step in promoting humanitarian values among young Nigerians.

The ceremony, which took place at the school premises, officially admitted CCS students into the Nigerian Red Cross Society.

The Rivers State Branch Representative of the Red Cross Society, Mr Noah Idegbesor, disclosed this in his opening remarks at the occasion.

In a symbolic display, the students marched to the flag stand alongside members of the high table and the Branch Representative, where the Red Cross flag was hoisted, signifying the school’s full induction into the Nigerian Red Cross Society.

With the flag raised, CCS was formally declared a member institution of the NRCS.

As part of the inauguration, a certificate of affiliation was presented to the school by the Nigerian Red Cross Society and received on behalf of the school by the Head Teacher, Mrs Onwuzuruigbo Taiwo.

Speaking as Chairman of the occasion, the Acting Director, Nigerian Army 6 Division Education Services, Port Harcourt, Lt. Col. A. Sadiq, described the event as very unique and significant.

Represented by Staff Sergeant Arisa Eberechi, the Director assured of the support of his team in ensuring success of the endeavour.

Also speaking,  the Chairman of the Parents Teachers Association (PTA) of the school, Mr Zuru Daniel, said the establishment of the Red Cross unit in the school was a welcome development and assured of the support of the body to ensure its sustainability.

The event also featured a parade by the volunteers, freewill donations from dignitaries and parents in attendance, underscoring community support for the humanitarian initiative.

Speaking earlier, the Head Teacher, Mrs Onwuzuruigbo Taiwo, described the inauguration as an emotional and fulfilling moment.

“It was awesome. We thought it would not be possible, but today it was glorious,” she said.

Taiwo explained that the school’s participation in the Red Cross Society began when management decided to introduce clubs and societies.

“I told my assistant that I wanted the Red Cross to be one of them. The Red Cross signifies many things; it is service to humanity,” she added.

Also, the Assistant Head Teacher, Mrs Bawo Agbana, expressed appreciation to dignitaries, officials of the Nigerian Red Cross Society and parents for their support and presence.

The Assistant Head Teacher (Administration) described the programme as overwhelming and exciting, expressing gratitude to God for its success.

She said the school’s decision to embrace the Red Cross Society was driven by the need to instill values of love, kindness and service in children from an early age.

“Our impression of the Red Cross is being good to people, showing love and kindness. As the children grow, we want to build the spirit of humanity in them so they can show love and care in school, their communities and Nigeria at large,” she said, adding that early training was crucial given current challenges in the country.

She also delivered the closing remark, after which a photo session was held with the newly inaugurated student volunteers.

Other dignitaries at the occasion include Chairman, Python Officers’ Mess, 6 Division, Port Harcourt, Chief Dan Harrison, and the Sualla 1 of Adagbabiri Kingdom, Chief Col. K. Agbana (Rtd.),

Speaking in an interview at the event, 10-year-old primary five pupil, Precious Ote, said she volunteered to join the Red Cross Society because of her desire to help and care for people.

Similarly, 11-year-old Eno Marvellous of Primary Four expressed excitement at becoming a member of the Red Cross Society, noting that her hope is “to save” lives.

The inauguration highlights ongoing efforts by the Nigerian Red Cross Society to nurture a culture of volunteerism, compassion and humanitarian service among schoolchildren in Port Harcourt and beyond.

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