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122 Agencies Fail To Remit N1.2trn Surplus Revenues, FG Admits
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.
News
NAF, US Officials Meet To Fast-Track Delivery Of Attack Helicopters
Officers of the Nigerian Air Force have met with senior officials of the United States Government and representatives of Messrs Bell Textron to fast-track the acquisition of 12 AH-1Z attack helicopters.
The meeting took place during a Programme Management Review meeting led by the Chief of the Air Staff, Air Marshal Sunday Kelvin Aneke, from 5 to 6 January 2026 in San Diego, California, United States.
A statement by the NAF spokesperson, Ehimen Ejodame, yesterday, said the meeting focused on assessing the status of the helicopter acquisition and measures to ensure the timely delivery of the 12 AH-1Z platforms.
According to the statement, Aneke said the review was aimed at strengthening programme oversight, accountability and adherence to agreed timelines and budget.
“In a strategic move to enhance the operational capacity of the Nigerian Air Force, the Chief of the Air Staff, Air Marshal Sunday Aneke, led a Programme Management Review meeting with senior United States Government officials and representatives of Messrs Bell Textron from 5 to 6 January 2026 in San Diego, California, USA.
“The engagement focused on fast-tracking the acquisition of 12 AH-1Z attack helicopters, a critical capability enhancement aligned with the CAS’s Command Philosophy of building and sustaining a highly motivated, professional, and mission-ready force capable of delivering decisive airpower effects in synergy with surface forces for the attainment of national security objectives, ” the statement partly read.
Aneke expressed appreciation to the United States Government and Messrs Bell Textron for their continued cooperation, professionalism, and transparency in the execution of the helicopter acquisition programme.
He noted that the structured review reflects the NAF’s deliberate emphasis on programme discipline, accountability, and results.
“We deeply value the professionalism and openness demonstrated throughout this process, and we remain fully committed to working closely with our partners to ensure the timely and successful delivery of these platforms,” the CAS stated.
The CAS further emphasised that the acquisition of the AH-1Z helicopters represents more than a platform upgrade, describing it as a reflection of the enduring defence cooperation between Nigeria and the United States.
According to him, the programme underscores a shared responsibility for regional and global security, built on mutual trust, shared values, and a common vision for peace and stability.
“This partnership speaks to our collective resolve to confront evolving security challenges through collaboration and sustained capability development,” he added.
Reaffirming the NAF’s sense of urgency and commitment, Air Marshal Aneke assured the US team that his administration would take all necessary measures to ensure the helicopters are delivered in the shortest possible time.
He also charged the programme management team to work smartly and proactively to complete production on schedule and within budget.
“Timelines and standards must be met concurrently. We must remain focused, innovative, and solutions-driven,” the CAS stressed.
The CAS expressed profound gratitude to the President and Commander-in-Chief of the Armed Forces of the Federal Republic of Nigeria, President Bola Tinubu, for his unwavering support to the Nigerian Air Force.
He noted that the acquisition of the AH-1Z helicopters would significantly enhance the NAF’s combat capability, operational efficiency, and mission readiness, thereby strengthening the Service’s ability to deliver decisive airpower in support of national security and stability.
He added that the advanced capabilities of the helicopters would enable the Nigerian Air Force to conduct highly precise operations, minimise collateral damage, and provide timely and effective support to ground forces, ultimately saving lives and protecting property across affected communities.
The CAS reassured Nigerians of the NAF’s unwavering commitment to eliminating terrorist and criminal threats with professionalism, restraint, and accountability, while sustaining public trust and confidence in the Service’s operations.
Recall that Nigeria’s purchase of 12 AH-1Z attack helicopters was first approved by the United States government in April 2022, when the U.S. State Department, through the Defence Security Cooperation Agency, cleared a possible Foreign Military Sale of the helicopters and related equipment to the Government of Nigeria.
According to Military Africa, the formal production and delivery contract for the 12 AH-1Z helicopters, valued at $455 million, was awarded to Bell Textron on 12 March 2024 by the U.S. Department of Defence.
News
Fast-Track Approval Of NDDC N1.75trn Budget, Group Begs N’Assembly
The Niger Delta advocacy group, the 21st Century Youths of Niger Delta and Agitators with Conscience (21st CYNDAC), has called on the National Assembly to expedite consideration and approval of the 2025 budget of the Niger Delta Development Commission (NDDC) to enable the Commission accelerate its development programmes across the region.
In a statement issued yesterday by its Coordinator, Izon Ebi, the group said swift passage of the budget would empower the Managing Director and Chief Executive Officer of the NDDC, Dr. Samuel Ogbuku, to fully implement his renewed developmental strategy and extend projects to all target communities in the Niger Delta.
The group recalled that the NDDC, on December 30, 2025, presented a ?1.75 trillion budget proposal for the 2025 fiscal year to the Senate and the House of Representatives.
Explaining the proposal, Ogbuku had noted that the 2025 budget is about nine per cent lower than the ?1.985 trillion proposed and appropriated for the 2024 fiscal year.
He said the ?1.75 trillion estimate comprises ?776.5 billion as Federal Government contribution, ?752.8 billion from oil companies, ?109.4 billion as revenue brought forward from 2024, ?53.67 billion as recoveries from Federal Government agencies, and ?8.35 billion as internally generated revenue.
The group praised Ogbuku’s leadership, describing him as having transformed the NDDC into “a beacon of renewed hope” for the Niger Delta region.
The group said it was impressed by what it called Ogbuku’s charismatic leadership, grassroots engagement and developmental drive, which it noted align with President Bola Tinubu’s Renewed Hope Agenda.
According to the group, Ogbuku’s consultations with traditional rulers and stakeholders across the Niger Delta have helped identify priority needs of communities, strengthened collaboration in the fight against crude oil theft and contributed to a noticeable decline in criminal activities in the oil and gas sector.
The statement also highlighted the Commission’s partnership with the World Health Organization (WHO) on health insurance and medical outreach programmes, improved monitoring and supervision of projects, and the deployment of solar-powered streetlights across communities, which it said has enhanced security and economic activities at night.
The group urged lawmakers to act swiftly on the budget, stressing that timely approval would further boost development, peace and stability in the Niger Delta.
It also announced that it had conferred on Ogbuku the award of “Extraordinary Leader of 2025 in the Niger Delta Region.”
News
Arrest Arise TV Crew Attackers Or Face Boycott, Journalists Tell Rivers Police
Port Harcourt based media practitioners under the aegis of Port Harcourt Press, have urged the Rivers State Police Command to arrest and prosecute all suspects involved in the recent attack and harassment of Arise TV crew in Port Harcourt.
The media practitioners, at a World press conference in Port Harcourt, described as dangerous the continuous harassment of journalists by various political actors in the ongoing political crisis in the State.
The text of the briefing which was read by a former State Commissioner for information and Communications and federal lawmaker in the State, Hon. Ogbonna Nwuke, described as condemnable the attack on the Arise TV crew by suspected political thugs in Port Harcourt, while conducting an interview with Dr Leloonu Nwibubasa, a former commissioner in the State.
According to him, “That harrowing event of Friday, January 2, where the Arise TV crew were brutally attacked by armed men in a hotel in Port Harcourt while conducting interview with Dr Leloonu Nwibubasa, former Honourable Commissioner for Employment Generation and Empowerment, smacks of nothing but act of intimidation, threat to both the Nigerian media and human lives especially in the forceful carting away of broadcast equipment.”
The group further noted that the attack was not only an insult on the press freedom but on the larger society.
The group regretted the inability of the Police to arrest and bring to book the perpetrators of the act till date, warning that it may be forced to boycott police activities if those involved are not arrested and brought to book.
“From all indications, the police appear to be playing to the gallery. While the broadcast equipment were reportedly recovered, no definite arrest have been made. This body, therefore, demands an urgent and thorough investigation of this matter and those find culpable brought to justice within two weeks.
“Failure to address this issue with the urgency it requires and not carrying out satisfactory actions as required in their prosecution will attract sanctions such as withdrawal of coverage of all police activities in Rivers State by media organisations and journalists as we stand in solidarity with the NUJ,” the group warned.
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