News
Govt Orders Forensic Audit Of NNPC, 80 Other Agencies
The National Economic
Council (NEC) rose
from its 65th meeting
on Thursday in Abuja,
with a resolution to engage two
audit firms to conduct forensic
audit on 81 government revenue
generating agencies.
The approval followed
submission of an interim report
by the ad hoc committee of
NEC, chaired by Gov. Adams
Oshiomhole of Edo, to review
the management of the Excess
Crude Account and remittances
into the Federation Account.
The governors of Jigawa,
Baderu Abubakar; Anambra,
Willie Obiano; Lagos,
Akinwumi Ambode; and
the Minister for Budget and
National Planning, Udoma Udo
Udoma, said this in their joint
briefing to journalists.
According to Mr. Ambode,
18 core revenue generating
agencies, such as NNPC,
will be audited by KPMG, an
international audit firm, while
an indigenous firm, SIAO, will
audit other non-core revenue
generating agencies.
The governor said that NEC
would take further action on
the agencies after the firms had
completed the forensic auditing.
The Jigawa governor said
that the Accountant-General
of the Federation reported to
council that as at Dec. 31, 2015
the Excess Crude Account stood
at $2.26 billion.
The governor said that
the Central Bank Governor,
Godwin Emefiele, informed
the council of the standing of
the bailout funds given to states.
He said that 23 states had
benefitted from N10 billion
each, Excess Crude Accountbacked
soft loan, while 28 states
benefitted from the presidential
bailout for the payment of
salaries and gratuities.
Gov. Obiano gave a report
concerning some MDAs
collecting revenue in foreign
currency and remitting in local
currency into the Federation
Account.
Mr. Obiano said the
permanent secretary, Ministry
of Finance, reported that besides
NNPC, NIMASA and NPA,
other agencies involved in such
practice were FIRS, Shippers
Council, Airport Authority and
Nigeria Immigration Service.
Mr. Obiano said that the
official reported that the
introduction of the Treasury
Single Account (TSA) had
resolved the problem as all
account was now under the CBN.
He also said that Vice
President Yemi Osinbajo, who
presided at the NEC, reiterated
the Federal Government’s policy
that NNPC and other agencies
must present budget for approval
before spending in line with the
TSA.
Mr. Udoma hinted on
the 2016 budget focus of the
administration, saying that
plans were on to foster macroeconomic
stability conducive to
the grow of the GDP at 4.2 per
cent.
He said the budget’s objective
was to deliver inclusive growth
to Nigerians, create sufficient
jobs and build an economy less
vulnerable to oil price shocks.
According to Mr. Udoma,
while the government intends
to ensure more revenue drive, it
will not increase taxes, but strive
to raise the collection of VAT
Emefiele from its 20 per cent level.(NAN)
News
Court stops APC, INEC from altering Benue APC primary winners
The Federal High Court in Abuja has ordered the All Progressives Congress (APC) and the Independent National Electoral Commission (INEC) to maintain the status quo in a dispute over the party’s candidates emerging from the Benue State APC primaries for the 2027 general election.
The order was made on Thursday by Justice Inyang Ekwo during proceedings in Suit No. FHC/ABJ/CS/1429/2026, filed by Engr. Sesugh Akaagba and other aggrieved APC candidates from Benue State against the APC and INEC.
The plaintiffs had, through an ex parte motion filed on July 5, 2026, sought six interim reliefs, including an order restraining the APC from substituting its validly nominated candidates in Benue State through its June 29, 2026 correspondence, or any subsequent communication, to INEC, pending determination of the substantive suit.
They also sought an order compelling the APC to immediately transmit to INEC the names of candidates validly nominated during the primaries monitored by the electoral commission.
When the matter first came up on July 8, 2026, the court declined to grant the interim application immediately, directing both APC and INEC to appear and respond before any decision was taken. The matter was adjourned to July 16.
At Thursday’s proceedings, counsel representing the APC and INEC were present in court, while the plaintiffs were represented by Mohammed Ndarani, SAN, alongside his legal team.
In his ruling, Justice Ekwo held that since issues had been joined by the parties particularly with INEC now before the court, the defendants were required by law to preserve the subject matter of the litigation pending determination of the substantive suit.
When counsel to the plaintiffs urged the court to caution APC and INEC against taking any further action that could affect the disputed list of candidates, the judge responded that it was “not a matter of advice but of law,” stressing that the defendants were bound to maintain the status quo.
The court consequently restrained APC and INEC from taking any action capable of altering the disputed list of candidates pending the hearing and determination of the substantive suit.
The defendants did not object to the restraining order.
At the commencement of proceedings, the court noted that all parties had voluntarily submitted to its jurisdiction by duly filing and exchanging their respective processes.
It held that there was no procedural or jurisdictional impediment to the expeditious determination of the substantive action, and directed that the matter be heard without further delay.
In furtherance of the objective of preserving the res and safeguarding the efficacy of the judicial process, the court ordered all parties to maintain the status quo pending the hearing and final determination of the substantive suit, restraining any act or omission capable of prejudicing the rights of the parties or rendering the proceedings nugatory.
The court further directed that INEC be served forthwith with the originating and all consequential processes.
The effect of the subsisting order is that INEC is restrained from tampering with the existing list of candidates pending final determination of the suit, and from receiving, recognising, or acting upon any purported substituted list of National Assembly candidates from Benue State submitted by the APC.
The matter was adjourned to July 21, 2026, for hearing of the substantive suit.
News
Goodluck Jonathan’s Family Celebrates Son’s Graduation in UK
Former President Goodluck Ebele Jonathan and former First Lady Patience Ibifaka Jonathan recently celebrated a significant family milestone as they attended the graduation ceremony of their son, Ariara Goodluck Jonathan, at Manchester Metropolitan University in the United Kingdom.
The proud parents joined family members and well-wishers to witness Ariara receive his degree, marking the successful completion of his academic programme. The occasion was filled with joy as the Jonathan family commemorated the achievement, highlighting the importance they place on education and personal development.
The graduation ceremony attracted warm congratulatory messages from friends, associates, and admirers, who wished the graduate continued success in his future endeavours.
News
2027 BENUE GUBER: MORE TROUBLE FOR GOV ALIA
The Following names joined the political family of Sen. Dr. George Akume today after leaving the sinking Alia ship .
Under the leadership of Barr. Emmanuel Jime .
The are ;
Chief Nelson Alapa
Douglas pepe SAN senatorial Aspirant zone A,
Engr Peter Ashiekaa
QS Clement Beetseh
Former commissioners
Joy Luga
Ann itodo
Barr martins Shaagee
Miss Dorcas
Prof Usar Joseh
Prof Cephas Tushima
Chief Patrick Idoko
Hon Patience Akor
Hon Fred Idoko
Hon Lawrence Ekpo Onoja Jnr
Hon Andrew Abah
Hon Agbo Innocent Ikwumonu
Hon Simon Omachoko
Hon David Egboja
Dr John Garba
Among together,
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