House of Reps Summons CBN Governor Cardoso Over Alleged N16 Trillion Unremitted Funds

The House of Representatives has summoned Central Bank of Nigeria Governor Olayemi Cardoso over allegations that the apex bank failed to remit more than ₦16 trillion in operating surplus and revenue to the government. The decision followed a motion by Public Accounts Committee Chairman Bamidele Salam, citing findings from the 2022 Auditor-General’s report, which highlighted financial irregularities linked to the Remita revenue collection system from 2015–2016. Despite disagreements among lawmakers on how to proceed, the House mandated the Public Accounts Committee to continue the investigation. Rights group SERAP had earlier demanded accountability from the CBN over missing public funds flagged in the same report.


#CBN
#HouseOfReps
#PublicFunds

Ex-Kano Anti-Graft Boss Compares Corrupt Nigerian Politicians to Deadly Drug Cartels

Former Chairman of the Kano State Public Complaints and Anti-Corruption Commission (PCACC), Muhyi Magaji Rimin Gado, says combating corruption in Nigeria is as dangerous as confronting Colombian drug cartels. Speaking at the launch of the 19th Compendium on 100 High-Profile Corruption Cases in Lagos, he revealed that investigations during his tenure exposed billions in diverted public funds, fraudulent PPP projects, and illicit IGR schemes linked to powerful political figures, including former Governor Abdullahi Ganduje. Magaji warned that corruption fuels poverty, insecurity, and banditry in the North, describing corrupt politicians as ruthless actors willing to kill to protect stolen wealth. He alleged that some policemen are being used against him despite having legal authorization to prosecute cases. The event, organized by HEDA to mark International Anti-Corruption Day, emphasized youth involvement in shaping a future of integrity.

Retired General Claims COAS Attahiru Was Assassinated in 2021 Kaduna Plane Explosion, Not Accident

Retired Major General Danjuma Ali-Keffi has alleged that the late Chief of Army Staff, Lieutenant-General Ibrahim Attahiru, was deliberately assassinated in the 2021 aircraft explosion that killed him and 10 others near Kaduna Airport. Speaking publicly, Ali-Keffi claimed the aircraft did not crash but exploded mid-air and that injuries on the victims suggested an internal blast. He linked the incident to internal military hostility, corruption, sabotage, leaked intelligence, and Attahiru’s ongoing forensic audit of Army funds. The retired general also alleged operational compromises, terror-financing within the military, and unresolved irregularities around the still-unreleased accident investigation report. He insists Attahiru was targeted due to his anti-corruption stance and conflicts with powerful figures.

Corruption Fueling Nigeria’s Security Crisis, CISLAC/TI Warn on UN Anti-Corruption Day

CISLAC and Transparency International-Nigeria warn that corruption is the driving force behind Nigeria’s deepening insecurity, accusing political leaders, security chiefs, and military elites of profiting from opaque defence spending and fraudulent security contracts. The groups cite diversion of funds, recruitment racketeering, illegal arms deals, extortion, and poor welfare for frontline personnel as key factors undermining the fight against terrorism, banditry, kidnapping, and organised crime. They call for urgent reforms, full transparency in defence procurement, strict sanctions for corrupt officers, and independent oversight to stop what they describe as an entrenched “insecurity economy.”

House of Reps Walks Out FIRS Chairman Over ‘Arrogance’, Delays in Zonal Project Funding

Members of Nigeria’s House of Representatives walked out Federal Inland Revenue Service (FIRS) Chairman Zacch Adedeji during a closed-door session after accusing him of arrogance while responding to budget-related questions. The lawmakers expressed frustration over prolonged delays in the release of funds for zonal intervention projects, which have left contractors unpaid for weeks. Finance Minister Wale Edun briefed the House, assuring that the 2024 budget would be fully funded within 48 hours, while the 2025 budget will be extended to April with partial releases starting immediately. Legislators insisted that all outstanding commitments must be met before they consider receiving the 2026 budget proposal.

ARMY, EFCC in Fresh Synergy against Graft in Edo

The Commander, 4 Brigade, Nigerian Army, Brigadier General A. O. Balogun has pledged the support of the Nigeria Army to the Economic and Financial Crimes Commission, EFCC, in its fight against corruption, economic and financial crimes.

Balogun made this pledge on Monday December 8, 2025 while on a courtesy visit to the Benin Zonal Directorate of the Commission. According to the General, who recently assumed office as the Commander of 4 Brigade, Benin City, the EFCC needs the support of every Nigerian given its role as the foremost anti-corruption agency in Nigeria.

The General further noted that the Commission needed the support of critical stakeholders to successfully block or trace the movement of funds to nip financial offences in the bud. "If we can detect the flow of funds, we can nip such crimes in the bud."

He disclosed that the Commission and the military has had a long history of collaboration, including training of personnel, curtailing illegal oil bunkering and a host of others . "One of the reasons for our visit is to familiarise ourselves with the leadership of the Commission so that we can build on the existing relationships between the two institutions. It is not about competition but about collaboration. It doesn't matter who kills the snake as much as the snake is killed."
He revealed the military is willing to collaborate and offer any kind of support to the Commission whenever it is called upon to do so.

Responding, the Acting Zonal Director of the Benin, Deputy Commander of the Commission, DCE Sa'ad Hanafi Sa'ad commended the army general and his men for their visit. He noted that synergy and collaboration were crucial as no single agency or institution can effectively eliminate crimes and criminality in the society. 'We build synergy and collaborate with relevant stakeholders and the Nigeria Army is a critical stakeholder. Our interest and your interest are the same, which is to have a better Nigeria and so we are willing to collaborate with you."

Wike Accused as Police Teargas Abuja Contractors Protesting ₦5.2bn Unpaid Debts

Police officers allegedly acting on the orders of FCT Minister Nyesom Wike tear-gassed protesting contractors who barricaded his office over ₦5.2 billion in unpaid contract funds. The contractors say all projects—from drain clearing to medical procurement—were completed, inspected, verified, and approved, yet Wike refused to sign off on payments for nearly two years. The prolonged debt has allegedly caused deaths, medical trauma, loan defaults, and family breakdowns among contractors. Despite appeals to the Minister, the Presidency, and the National Assembly, the group claims nothing has changed.

#Wike

#FCTContractors

#PoliceBrutality

Reps Committee Summons NNPCL GCEO Bayo Ojulari Over 2021 Audit Queries, Demands Documents by Dec 15

The House of Representatives Public Accounts Committee has ordered NNPCL’s Group CEO, Bayo Ojulari, to appear before lawmakers on December 15, 2025, over unresolved audit queries from the Auditor-General’s 2021 report. PAC Chairman Bamidele Salam condemned NNPCL’s repeated failure to provide documents or honour earlier invitations, describing the conduct as disrespectful to the National Assembly.
Ojulari’s absence—explained as a result of a “critical engagement” at the Presidential Villa—angered committee members. The lawmakers warned that no agency, including NNPCL, is exempt from oversight, as the audit queries involve abandoned projects, irregular payments, tax violations, and unaccounted funds. The committee insists on full compliance to strengthen accountability across MDAs.


#NNPCL

#AuditQueries

#HouseOfReps

Imo Communities Suffer as ₦273m Irete–Ndegwu Road Project Stalls Despite Two Years of Funding – MonITNG

Accountability group MonITNG has accused the Federal Ministry of Works of repeatedly allocating funds for the 1.5km Irete–Ndegwu Road in Owerri West, Imo State, despite no evidence of work on the ground. The project, budgeted in 2023 and again in 2024, reportedly received ₦273.3 million paid to Pinnatech Engineering Ltd, yet Tracka’s inspections found the road untouched—muddy, flooded, and dangerous. The group says pregnant women, schoolchildren, and traders remain at risk as the abandoned project worsens daily hardship. MonITNG demands full transparency, release of contract details, and a probe by ICPC and EFCC, insisting that public funds must be traced, recovered, and the road constructed without further delay.

₦16.5bn Taraba Bridge Funds Allegedly Diverted to Access Road as Minister Faces Scrutiny

A major controversy has erupted in Taraba State after documents revealed that ₦16.5 billion approved by the Federal Executive Council for the emergency reconstruction of the collapsed Namnai Bridge was allegedly diverted to a 43.5km access road project without proper FEC approval. Minister of State for Regional Development, Uba Maigari Ahmadu, is under scrutiny as conflicting award letters and stalled project progress raise questions. The situation has intensified with accusations, legal threats, and reports of attempts to arrest a critic who exposed the alleged diversion.

SERAP Demands INEC Account for Missing N55.9bn Election Funds, Threatens Legal Action

SERAP has asked INEC Chairman Prof. Joash Amupitan to immediately explain the reported disappearance or diversion of N55.9 billion meant for procuring smart card readers, ballot papers, and other materials for the 2019 elections. The demand follows revelations in the Auditor-General’s 2022 report, which detailed irregular payments, lack of documentation, inflated contracts, and possible diversion of funds. SERAP insists on full disclosure of the contractors involved, refund of missing money, and prosecution of all implicated persons, warning it will take legal action if INEC fails to act within seven days.

Abia PHC Abandoned Despite ₦34.9m Funding, Pregnant Women Forced to Deliver on Bare Floors

A new report by MonITNG reveals that a Primary Health Centre in Oloko, Abia State remains abandoned six years after completion, despite ₦34.9 million paid in 2024 for furnishing and medical equipment. The facility is overgrown with weeds and unusable, forcing pregnant women to deliver on bare floors in a cramped makeshift room. The group accuses FMC Umuahia and the contractor, Raymond Blacks Ltd, of neglect and demands EFCC and ICPC investigations to recover funds and complete the project before 2025 ends.

Man Accuses Activist Harrison Gwamnishu of Withholding Recovered Millions, Shares Year-Long Ordeal

A Nigerian man, Awuzie Frankline, has narrated his troubling encounter with embattled activist Harrison Gwamnishu, who is already facing allegations of diverting missing ransom funds. Frankline claims his brother engaged Harrison to help recover millions owed to him, but after retrieving the money, Harrison allegedly kept it for personal use following his political campaign.
Frankline said Harrison initially admitted holding the money and agreed to repay it gradually, but later blocked him on Facebook and WhatsApp. The dispute dragged on for over a year until social commentator VeryDarkMan intervened, prompting Harrison to start making small repayments. Frankline shared screenshots and insisted he holds no personal grudge, only seeking justice.
Reactions online remain divided, with some defending Harrison’s humanitarian work while others accuse him of repeated misconduct.

#HarrisonGwamnishu

#VeryDarkMan

#NigeriaNews

First Bank Sues Lawyer Mike Igini Over EFCC, CBN Petitions Alleging Unethical Banking Practices

First Bank of Nigeria has filed a lawsuit against human rights lawyer Mike Igini over petitions he submitted to the EFCC and CBN accusing the bank of fraud, forged transfer mandates, diverted funds, and unethical banking conduct affecting Broron Oil and Gas Ltd. Despite CBN’s findings ordering refunds, enforcement has stalled, prompting further petitions that reportedly displeased First Bank. The bank is now suing Igini personally, while EFCC investigates alleged financial irregularities.

EFCC Arraigns Moonlink Pharma MD for Alleged ₦55m Money Laundering, Court Orders Remand

The EFCC has arraigned Gabriel Celestine Nwawuzor, Managing Director of Moonlink Pharmaceuticals Limited, before the Federal High Court in Lagos over an alleged ₦55 million money-laundering scheme. Prosecutors accused him of diverting illicit funds through a Zenith Bank account in 2021 and disguising the money by purchasing a property in Asaba. Nwawuzor pleaded not guilty, but Justice Daniel Osiagor granted him ₦100 million bail with strict conditions, including two property-owning sureties. He was remanded in the correctional facility pending fulfilment of the bail terms. Trial begins March 11–12, 2026.

Kano Health Centre Receives ‘Shoddy Renovation’ Despite ₦32.9bn BHCPF Release, Accountability Group Raises Alarm

A civic accountability group, MonITNG, has accused contractors and supervising agencies in Kano State of approving substandard renovation work at the Ganakakum Health Clinic in Warawa LGA, despite the federal government’s recent release of ₦32.9 billion through the Basic Health Care Provision Fund (BHCPF). The group said its Tracka team discovered that only repainting and window repairs were done while the clinic’s leaking roof—posing risks to patients and health workers—was ignored. MonITNG is demanding urgent intervention from the Minister of Health and NPHCDA, insisting that public funds must not be wasted and calling for transparency in the utilisation of the new BHCPF allocation.

Court Adjourns NDDC Ex-Director Tuoyo Omatsuli’s N3.6bn Fraud Trial to March 2026

A Federal High Court in Lagos has adjourned to March 3, 2026, for judgment in the N3.6 billion fraud case involving former NDDC Executive Director of Projects, Tuoyo Omatsuli. He is standing trial alongside Don Parker Properties Limited, Francis Momoh, and Building Associates Limited on a 46-count charge filed by the EFCC, covering conspiracy, corruption, unlawful gratification, and money laundering.

The EFCC alleged that the defendants diverted billions recovered as statutory levies from oil companies through Starline Consultancy Services, funnelling the funds into shell companies, converting large sums into dollars, and acquiring high-value properties in Lagos. After years of legal battles, rejected no-case submissions, and appeals, the case is now set for a final ruling in one of the most significant corruption prosecutions linked to the NDDC.

Sowore Questions Zulum’s ₦7B Boko Haram Rehabilitation Spending Amid Worsening Insecurity

Human rights activist Omoyele Sowore has criticised Borno State Governor Babagana Zulum over claims that his administration spent ₦7 billion on rehabilitating Boko Haram fighters and ₦100 billion on security in 2025. Reacting to a report by Daily Trust, Sowore said the figures raise serious concerns about transparency, especially as communities in Borno continue to suffer deadly attacks. He argued that the rehabilitation programme has not improved security and called for an independent audit of all security-related spending. Sowore warned that without accountability, the public cannot trust that these massive funds are being used effectively to combat terrorism.

Supreme Court Slams Tinubu Government for Unlawful Seizure of Osun LG Funds, Faults State for Unauthorized Suit

The Supreme Court has ruled that the Tinubu-led Federal Government acted illegally by withholding Osun State’s local government allocations amounting to ₦73.7 billion between March and August 2025. While condemning the FG for violating the 1999 Constitution, the Court also faulted the Osun State Attorney General for filing the suit without authorization from the 30 councils. Justice Mohammed Idris described the FG’s actions as unconstitutional and “indefensible,” insisting funds must be paid directly to LG accounts. A minority judgment, however, supported Osun’s right to sue. The decision comes amid ongoing legal battles and political tension over the February LG elections and an interim order stopping UBA from releasing the funds.

U.S. Appeals Court Blocks Trump Administration’s Attempt to Halt School Mental Health Grants

A U.S. federal appeals court has rejected the Trump administration’s bid to stop the release of millions in school mental health grants meant to address nationwide shortages of counselors, psychologists, and social workers. The grants—approved after the 2022 Uvalde school shooting—had been distributed by the Biden administration with emphasis on hiring counselors from diverse or local communities. The Trump administration sought to roll back the program, calling the criteria “divisive.” A federal judge earlier ruled the cancellation attempt “arbitrary and capricious,” and the 9th Circuit has now denied an emergency stay, restoring funds to 16 states, including millions in California districts.