•Amaewhule and Fubara The Martin Amaewhule-led House of Assembly has shut down all expenditures of the Rivers State governor until Governor Siminalayi Fubara presents his budget before the House. This follows a seven-day ultimatum the lawmakers gave the governor to present his budget before the House, reports Channels TV. The Leader of the Hou...
•Naira notes The Nigeria Union of Local Government Employees and the Association of Local Governments of Nigeria have urged the Nigerian Financial Intelligence Unit to track council funds and prevent their diversion to state governors by council chairmen. Also, ALGON vowed to use the opportunity of its financial autonomy to address insecurity ...
•Anamekwe Nwabuoku A former acting Accountant-General of the Federation, Anamekwe Nwabuoku, yesterday, pleaded with Justice James Omotoso of the Federal High Court in Abuja to give him more time to conclude the refund of the public funds allegedly looted by him and his co-defendant. Nwabuoku and his co-defendant, Felix Nweke, are facing 11 cou...
•Peter Obi The 2023 presidential candidate of the Labour Party, Peter Obi, has urged the federal government to do a detailed breakdown on the utilisation of borrowed funds. Obi made the demand in a post on X yesterday while decrying significant increase in government borrowing at the end of first Quarter (Q1) which he said […]
•Tinubu Amid widespread public outcry against the proposed tax increase by the Tinubu government, a civil society organisation in Kebbi State, the Association For Peace And Good Governance, has asked the Tinubu-led federal government to channel her energy into fighting corruption and the recovery of looted public funds. The Secretary General o...
There are indications that the federal government through the Nigerian National Petroleum Company Limited (NNPC Ltd) is now spending N17.72 billion daily to fund subsidy on petrol. Though still shrouded in secrecy, the funding strategy, it was learnt, is consummated by way of crude sales and direct cost recovery by NNPC, reports Vanguard. An e...
•Julius Abure The suspended National Treasurer of the Labour Party, Ms Oluchi Oparah, has challenged the party’s National Chairman, Julius Abure, to give an account of the donations received from Nigerians in the Diaspora during the campaign tour of LP presidential candidate, Peter Obi, in the United States. It was earlier reported that the na...
•Peter Obi The Labour Party presidential candidate for the 2023 general elections, Peter Obi, today said the party will give a transparent account of funds realised during the campaign process. Obi stated this during a press conference in Abuja today, amid the fresh crisis that has rocked the party over sales of forms and other […]
•Tinubu Members of Civil Society Organisations (CSOs) and eminent citizens have questioned executives’ use of taxpayers’ resources for so-called private visits of the president and governors, describing it as an “abuse of office” and prodigal use of scarce resources. They decried the rate at which other public officers, top civil servants and ...
The International Air Transport Association (IATA) has lauded the Central Bank of Nigeria (CBN) for releasing $64.44 million in blocked airline funds, but said $700 million remains blocked in Africa’s most populous nation. The group disclosed it was in consultations with airline members to verify the release of these revenues, reports Channels...

