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Reps Summon Five Ministers, Others Over Audit Queries

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The Public Accounts Committee of the House of Representatives has given five ministers and their permanent secretaries as well as their heads of finance and procurement departments, a seven-day ultimatum to appear before it or have the relevant laws invoked against them.
The affected ministers are Rauf Aregbesola (Interior), Ali Pantami (Communications and Digital Economy), Prof Osagie Ehanire (Health), Sharon Ikeazor (Environment), Babatunde Fashola (Works and Housing).
The Chairman of the committee, Oluwole Oke, issued the threats and summons at the investigative hearing held on Tuesday over the alleged refusal by the ministers and officials of their ministries to respond to audit queries issued by the Office of the Auditor-General for the Federation over the years.
Oke said Aregbesola should appear along with the Permanent Secretary of the ministry, the Comptroller General of the Nigerian Security and Civil Defence Corps, and the head of the Federal Fire Service.
The chairman asked the clerk of the committee to immediately dispatch the notice of the summons to the affected ministries and be officially copied to the Secretary to the Government of the Federation, Boss Mustapha; Minister of Justice and Attorney-General of Federation, Abubakar Malami; and the Chief of Staff to the President, Ibrahim Gambari, respectively.
Oke said the lawmakers had been forced to report the affected officials to the Presidency, being their employer, after several attempts to make them  respond to the said audit queries proved abortive.
He said, “Today makes it the fifth time the Ministry of Works and Housing will be asking for another extension of time on the audit queries raised against it over the years. For how long shall we continue like this? Mr President honoured some people with public appointments but to pay him back, they will not be alive to their responsibilities. This is very unfortunate.
“We are only asking them to make appearances before the committee to clarify issues on financial infractions raised by the Office of the Auditor-General for the Federation, nothing more!”
Meanwhile, the committee has begun an investigation of the $40m allegedly missing from the Looted Funds Recovery Account domiciled in the Central Bank of Nigeria.
The committee said Governor of the CBN, Godwin Emefiele, failed to tender relevant documents before it to ascertain the status of recovered funds in the said account.
Oke insisted that the apex bank must bring all the relevant documents requested by the committee to aid its probe, with a view to recovering the money for the government.
Emefiele, who was represented by the Deputy Director, Banking Supervision, Mrs C. I. Iguadunasue, could not offer satisfactory explanations on the whereabouts of the funds in question.
The Chairman of the committee consequently ordered the CBN to “furnish the committee with documents of all recovered funds within seven days for proper investigation.”
CBN’s probe is based on a query from the Office of Auditor General of the Federation, which questioned the whereabouts of the funds.

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UI Professor Emerges PDP Chairman In Oyo

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A professor in the department of Food Technology, University of Ibadan, Prof. Abdulrahman Akinoso, has emerged the Oyo State Chairman of Peoples Democratic Party, PDP, faction loyal to the Minister of the Federal Capital Territory (FCT), Chief Nyesom Wike.

The Tide source reports that Prof. Akinoso was elected alongside 38 other executive members of the party at the congress held on Saturday.

Other executive members are Dr Abiola Olaonipekun, who emerged as Secretary, Alhaja Latifah Latifu, Women Leader and Mr A. Adeleke, elected as Youth Leader.

It was learnt that the congress, which took place at the Obafemi Awolowo Stadium, Oke Ado in Ibadan, was attended by representatives of the Independent National Electoral Commission (INEC), the Police, other security agencies and prominent members of the party.

The election was supervised by electoral committee members, among whom were Prince Diran Odeyemi, who served as Chairman, Hon. Awoniyi Tolulope, Mr Babatunde Gbadamosi, Queen Stepheine Oyechere, Alhaji Yusuf Abidakun, Mr Olumide Aguda and Dr Phillips Adeniyi, who served as Secretary.

Prof. Akinoso, in his inaugural address, urged members of the party to set aside intra-party differences.

He advised them to concentrate their resources on the promotion of the party, saying, “The primary responsibilities of party executive members are to coordinate party activities, ensure harmony among members, and ensure party victory during general elections.

“Our immediate assignments are to key into INEC released 2027 general election time-tables. As directed by the National Caretaker Committee of PDP, our party e-membership registration starts next week. We must be fully involved and do a membership drive.

“A political party is only relevant and benefits its members if it wins the election. This is our goal. We should set aside intra-party differences; concentrate our resources towards the promotion of the party. We will make necessary consultations and dialogue to actualise this”.

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I Was Stubborn At The Beginning Of My Govt – Tinubu

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President Bola Tinubu has disclosed that he was a little bit stubborn at the beginning of his administration.

President Tinubu disclosed this during an interfaith breaking of fast with senior journalists and media executives at the Presidential Villa in Abuja on Saturday.

He also disclosed that his administration had opened up on the principles of true federalism to the extent that local governments now get direct allocation from the Federal Government.

“There’s no morning that I ever leave my house without going through the newspapers. It’s an addiction. I read all of you.

“It might not be in full detail, but headline, the one that would hit me and the ones that won’t.

“At the beginning of this administration, I was just a little bit stubborn, looking at opportunities to correct things and make life more easier for the downtrodden.

“We’ve opened up the principle of federalism to the extent that local governments are now getting their money, but how they use it is in your hands. So, don’t bombard me alone,” President Tinubu said.

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You’re Misleading Nigerians, APC Slams ADC Over Poverty Rate Report

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The All Progressives Congress (APC) has accused the African Democratic Congress (ADC) of politicising a recent report on Nigeria’s poverty rate, describing the opposition party’s claims as misleading and lacking in policy alternatives.

The ruling party said the ADC had turned criticism of the APC-led administration into its operating manifesto instead of presenting concrete solutions to Nigeria’s economic challenges.

In a statement issued on Saturday by the APC National Publicity Secretary, Mr Felix Morka, the party dismissed the ADC’s interpretation of a report presented at a policy dialogue organised by Agora Policy which suggested that the country’s poverty rate had risen from 49 per cent to 63 per cent.

Mr Morka said the opposition party’s reaction to the report as a “damning verdict” on the government’s economic policies reflected either ignorance of economic realities or deliberate political mischief.

“The African Democratic Congress’ attempt to spin a recent report presented at the Agora Policy dialogue indicating a rise of poverty rate of 63 per cent from 49 per cent as a damning verdict on this administration’s economic policies speaks either to its shocking ignorance of economic policy or its wilful blindness to the justification for, and transformative impacts of, ongoing economic reforms,” he said.

The APC spokesman noted that the report itself recognised the necessity of reforms aimed at correcting long-standing structural distortions in the economy.

According to him, the ADC had failed to present any credible alternative policy direction for Nigerians.

“Clearly, the ADC does not recognise itself as a political party. The ADC has not articulated a single alternative policy position or prescription of benefit to Nigerians. Condemning the APC and its policies has become its operating manifesto,” Mr Morka said.

He explained that major economic decisions taken by President Bola Tinubu, including the removal of fuel subsidy and the unification of multiple foreign exchange windows, were necessary steps to rescue the country’s economy from collapse.

Mr Morka said the subsidy regime had for years placed a heavy burden on public finances, consuming trillions of naira annually while encouraging corruption, fuel smuggling and inefficiencies in the system.

He added that the reforms had helped redirect national resources to key sectors such as infrastructure, healthcare, education and social development.

The APC spokesman acknowledged that economic reforms often come with short-term hardship but stressed that the measures were essential to build a stronger and more resilient economy.

“Economic reform is never cost-free anywhere in the world. The transient hardship experienced by Nigerians was an inevitable cost of reforms meant to build and guarantee a better future for all Nigerians,” he said.

Mr Morka maintained that the country’s economic outlook was already improving, citing recent growth figures and stronger external reserves.

“Our economy has rebounded and is expanding steadily. The country’s Gross Domestic Product grew by 4.4 per cent last year and is projected to expand by 5.5 per cent this fiscal year, with foreign reserves now exceeding $50 billion,” he stated.

He also pointed to government initiatives designed to cushion the effects of economic adjustments on citizens, including cash transfer programmes, student loan schemes and the rollout of compressed natural gas (CNG) initiatives to reduce transportation costs.

Mr Morka reaffirmed that the APC-led administration would remain focused on rebuilding the economy and expanding social investments to support vulnerable Nigerians.

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