Politics
Betta Edu: Interior Minister Distances Self From N438m Contract
The Minister of Interior, Olubunmi Tunji-Ojo, has denied involvement in the N438.1 million consultancy contract between New Planet Project Limited and the Ministry of Humanitarian Affairs and Poverty Alleviation.
The Tide’s source reports that President Bola Tinubu, on Monday, directed the Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, to investigate all financial transactions involving the Federal Ministry of Humanitarian Affairs and Poverty Alleviation.
Dr Betta Edu was the minister in charge of the ministry until the President suspended her on Monday.
Dr Edu came under criticism after a leaked memo on December 20, 2023, revealed that she directed the Accountant-General of the Federation, Oluwatoyin Madein, to transfer N585m to a private account owned by one Oniyelu Bridget, who the ministry claimed currently serves as the Project Accountant, Grants for Vulnerable Groups.
However, some sections of the media report that a company owned by the Minister of Interior was allegedly paid N438.1 million by Dr Edu as consultancy services.
“The company, New Planet Project Limited was one of the numerous consultants awarded contracts from N3 billion given out by the suspended minister for the National Social Register contract,” it stated.
Reacting, Tunji-Ojo while appearing on a live television programme, on Monday night, revealed that he founded the company 10 years ago, but resigned from directorship in 2019 when he contested for House of Representatives.
The Minister of Interior, who described the report as shocking, said he is just a shareholder in the company and not involved in the day-to-day running of New Planet Project Limited.
He said “I have to say this, I saw it and I was shocked because the company in question was a company, where I was the director.
“About five years ago, I had resigned my directorship. Yes, I founded the company 10 years ago. In 2019 and when I got to the House of Representatives, when I won the election precisely, I resigned. I resigned 4th of February 2019 with a Certified True Copy of Corporate Affairs Commission as far back as 2019 to prove this.”
Tunji-Ojo, who said he came into public office knowing fully well that Nigerians would ask questions, charged relevant agencies to probe the contract processes.
He added, “I do not run the company. I don’t have any knowledge of the contract. I am not a signatory to any account. I am not a director of the company.
“The company is a limited liability company, which is a private entity. So if the company is a private entity, of course, I am still a shareholder, and to the best of my knowledge public service rule does not prohibit public officers from being shareholders.
“What public service rule says is that you cannot be a director, of which I had resigned about five years ago.
“I have no business with it, absolutely no business. Because I am not involved in the day-to-day running of the company. I do not pursue jobs for the company. I do not bid for the company. I am not a signatory to the company’s account. I am not involved.
“So the company is an entity on its own. If then, the question should be was the job given to the company? If the answer is yes. Then the question is did they follow due process? It is a yes. Did the company deliver on the job? If it’s a yes, then number three is that did they deliver in line with the agreement of the contract? If it is a no, then they should be sanctioned by the book”.
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”.
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.
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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