Tag: Federal Government

‘NNPCL fails to remit ₦13.7tr to Federation Account’

Aminu Imam
NNPCL fails to remit

The Nigerian National Petroleum Company Limited (NNPCL) has failed to remit ₦13.763 trillion in revenue to the Federation Account, according to a document obtained from the Federal Accounts Allocation Committee, (FAAC), after its January 2025 meeting. The document reveals that between 2012 and 2024, NNPCL was expected to remit ₦27.28 trillion from domestic crude sales but deposited only ₦13.524 trillion, leaving a shortfall of ₦13.763 trillion. This comes amid recent allegations by the Auditor-General of the Federation, (AGF), who accused NNPCL of diverting ₦2.68 trillion and $9.77 trillion in the…

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Ex-Senate President, Saraki slams FG over Custom’s 4% FOB import levy 

Aminu Imam
Saraki slams FG2

Former President of the Senate, Dr. Abubakar Bukola Saraki, has criticised the Federal Government over its newly introduced 4% Customs administration charge on the Free-On-Board (FOB) value of imports, warning that it will worsen economic hardship for Nigerians. In a statement posted on his official X handle yesterday, Saraki expressed strong opposition to the policy, highlighting the financial burden it would place on businesses and households. “With our annual imports estimated at ₦71 trillion, the new 4% Customs administration charge on Free On-Board (FOB) value will come to ₦2.84 trillion.…

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Alleged ₦167bn MDAs fraud: SERAP sues Tinubu over failure to prosecute contractors

Aminu Imam
SERAP Tinubu

The Socio-Economic Rights and Accountability Project, (SERAP), has filed a lawsuit against President Bola Tinubu over “the failure to direct the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, to name and ensure the prosecution of the contractors who collected over ₦167 billion from 31 ministries, departments and agencies (MDAs) but failed to execute any projects”. Joined in the suit as Respondent is the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, (SAN). In the suit, filed last Friday at the Federal High Court, Lagos,…

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Nigerians to pay more for goods, as FG increases ports tariff by 15%

Aminu Imam
FG increases ports tariff

The Federal Government, through the Nigerian Ports Authority (NPA), has announced a 15% upward review of its port charges, citing the need for competitiveness and infrastructural development. Its Managing Director, Dr. Abubakar Ɗantsoho, made this disclosure during a maritime stakeholders’ meeting held in Lagos on Thursday. According to him, this adjustment, the first in 32 years, aims to address significant infrastructure deficits and improve port competitiveness. He said the increased revenue will be used for modernising port facilities, acquiring new equipment, and enhancing ICT systems. The NPA boss highlighted that…

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Proposed 12-yr education model: ‘FG to engage stakeholders’ – Minister 

Aminu Imam
Minister on education model2

Minister of Education, Dr. Tunji Alausa, yesterday said the Federal Government will engage stakeholders over the proposed 12-year basic education model. Alausa, who made this known yesterday during a press briefing in Abuja, during the Extraordinary National Council on Education Meeting, presented a proposal that aims to transition to 12 years of compulsory education within the existing 6-3-3 system. However, he said that this is a proposal for discussion, not an immediate policy shift. A major feature of the proposal, he said, is the removal of the examination barrier between…

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Primate Ayodele warns on security, urges Army Chief to wake up

Aminu Imam
Primate Ayodele

Founder and Leader of INRI Evangelical Spiritual Church, Primate Elijah Ayodele, has alerted the nation’s Army Chief on rising activities of terrorists which are spreading all across the country. He also said the People’s Democratic Party, PDP, will be sent to political oblivion spiritually. Primate Ayodele, who made the disclosures at the international headquarters of his church yesterday,  said the Army Chief must wake up to pro-actively respond to the activities of these terrorists who are planning to lay siege on military base to cause casualty. According to him, the…

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Northern Elders Forum condemns arrest of Professor Usman Yusuf by EFCC, demands for his immediate release

Aminu Imam
Northern Elders' Forum endorse3

The Northern Elders Forum (NEF) has strongly condemned the arrest of Professor Usman Yusuf, a renowned academic and hematology-oncology expert by operatives of the Economic and Financial Crimes Commission (EFCC), describing it as politically-motivated. According to a press statement released by the NEF, Professor Yusuf was taken into custody at his Abuja residence on Wednesday, January 29, 2025, around 4:30 p.m. On Thursday, January 30, 2025, the Professor was arraigned before the Federal High Court of the Federal Capital Territory (FCT), presided over by Justice Chinyere E. Nwecheonwu. However, the…

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CNG flays Prof. Yusuf Usman’s arrest, demands his release

Aminu Imam
CNG calls on FG

…Warns against stifling free speech The Coalition of Northern Groups, (CNG), has condemned the arrest and continued detention of Prof. Usman Yusuf, former Executive Secretary of the National Health Insurance Scheme (NHIS), by the Economic and Financial Crimes Commission, (EFCC), describing it as an attempt to suppress dissent. In a statement issued yesterday by the group’s National Coordinator, Comrade Jamilu Aliyu Charanchi, the CNG expressed concern over the detention of Prof. Yusuf, who has been an outspoken critic of the current administration. The Coalition asserted that Yusuf’s arrest was politically-motivated…

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Broadcasting: IBAN calls for regulatory engagement, capacity-building and Government support

Aminu Imam
IBAN calls for govt support

The Board of Trustees (BOT) and Executive Council of the Independent Broadcasting Association of Nigeria, (IBAN), have outlined key action plans aimed at addressing pressing challenges in the broadcasting industry.  The resolutions were made during a joint meeting hosted yesterday by Channels Media Group, which was held in Abuja. In an issued communiqué, signed by IBAN Chairman, John Momoh, and Secretary, Charles Daniels, the association emphasised the need for engagement with regulatory bodies such as the National Broadcasting Commission (NBC) and the Advertising Regulatory Council of Nigeria, (ARCON).  Given the…

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“Politicians trying to influence Conditional Cash Transfer register” — Minister

Aminu Imam
Minister on cash register

Minister of Humanitarian Affairs and Poverty Reduction, Nentawe Yilwatda, says some politicians are trying to influence poor Nigerians who make the social register of those eligible for the Government’s Conditional Cash Transfer scheme. The Minister, who stated this during  a television’s programme on Monday, said some persons want his ministry to bend for political reasons but “unfortunately it’s a partnership between us and the international community – the World Bank is involved, CSOs (civil society organisations) are involved and it’s not just a ministry activity”. According to him, “Some people…

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