Tag: Olisa Agbakoba

‘₦20tr missing’: Agbakoba raises alarm over Federation Account leakages

Aminu Imam
Agbakoba raises alarm

Renowned legal practitioner and former Nigerian Bar Association (NBA) president, Olisa Agbakoba, has alleged that over ₦20 trillion may have been lost from Nigeria’s Federation Account through under-remittances, unauthorised deductions, and weak financial oversight. Speaking through a detailed policy statement released on Wednesday, Agbakoba questioned the management of Nigeria’s public revenues and warned that the country’s worsening debt crisis was being fueled by massive leakages from funds meant to accrue to the Federation Account. According to him, the Federation Account — established under Section 162 of the 1999 Constitution —…

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Falana faults Agbakoba’s claim on EFCC’s legal status

Aminu Imam
Falana faults Agbakoba

Human rights activist and lawyer, Femi Falana (SAN), has written to the President of the Senate, Senator Godswill Akpabio, and the Speaker of the House of Representatives, Tajudeen Abbas, to oppose the view expressed by the ex-president of the Nigerian Bar Association, (NBA), Dr Olisa Agbakoba (SAN), regarding the legal status of the Economic and Financial Crimes Commission. In a letter dated 17 October 2024, Falana disagreed with Agbakoba’s assertion that the EFCC is an “unlawful organisation”. The letter read: “Our attention has been drawn to separate letters addressed to…

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“No! Nigeria doesn’t need additional State'” – Agbakoba SAN replies South-East lawmakers

Aminu Imam
Olisa Agbakoba

A Senior Advocate of Nigeria (SAN), Dr. Olisa Agbakoba, has faulted agitation for State creation in the South-East by a senator and some House of Representatives members representing the region, describing the proposal as a misplaced priority. Agbakoba, a former President of the Nigerian Bar Association (NBA), expressed the view in an interview with newsmen yesterday in Lagos. The House of Representatives recently passed for second reading, a bill seeking the creation of Etiti State out of Abia, Anambra, Ebonyi, Enugu and Imo States from the South-East geo-political zone. The…

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