Uncategorized
Buhari’s Legacy Under Scrutiny as Emefiele, Former Ministers Face N3.5tr Graft Probes
By: Fabian Apechihin
The legacy of former President Muhammadu Buhari is facing renewed scrutiny as several senior officials from his administration are investigated or prosecuted over alleged corruption estimated at about ₦3.47 trillion.
The unfolding cases, coming against the backdrop of Nigeria’s heavy debt burden accumulated during Buhari’s eight years in office, have reignited debates over accountability, selective justice, and the long-term cost of governance failures.
At the centre of the investigations are former ministers and top officials seen as close allies of the ex-president and prominent figures within the ruling All Progressives Congress (APC). The Economic and Financial Crimes Commission (EFCC) is probing former Minister of Labour, Chris Ngige, over an alleged ₦2.2 billion fraud. Former Minister of State for Petroleum Resources, Timipre Sylva, was declared wanted in November over an alleged ₦21.4 billion fraud, while former Aviation Minister and close associate of Buhari, Hadi Sirika, is facing charges related to an alleged ₦2.7 billion aviation contract scam.
The most extensive allegations involve former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. The EFCC has accused him of arbitrarily allocating ₦3 trillion in foreign exchange—about $2 billion—without competitive bidding or due process, allegedly benefiting associates. Investigators also claim he operated 593 bank accounts across multiple countries, illegally acquired a 753-unit housing estate in Abuja, and mismanaged more than ₦16 billion.
Court documents further allege that between 2019 and 2022, Emefiele warehoused funds through proxy accounts linked to Kelvito Integrated Services, amounting to over ₦6.3 billion across four years.
Experts say the scale of the alleged looting is particularly troubling given that much of the money involved was borrowed. Governance and public finance expert, Prof. Chiwuike Uba, warned that misappropriating borrowed funds worsens hardship for ordinary Nigerians.
“Citizens are already paying through higher taxes, inflation and declining public services,” Uba said, adding that future generations would bear the burden through debt repayments that crowd out spending on health, education and infrastructure.
Uba noted that despite gains from fuel subsidy removal, higher tax revenues and foreign exchange reforms, borrowing by federal and state governments continues to rise, with little visible improvement in public services.
Former CIBN president, Prof. Segun Ajibola, criticised what he described as misplaced priorities by anti-corruption agencies, urging them to focus on large-scale fraud rather than minor offences. He called for tougher laws, citing China’s zero-tolerance approach to corruption.
“Corruption is especially tragic in a country grappling with poverty,” Ajibola said, noting that many who once posed as reformists often fail when entrusted with power.
Similarly, Prof. Godwin Oyedokun described the allegations as “deeply troubling,” stressing that corruption in loan-funded projects leaves future generations repaying debts without corresponding development. He argued that Nigeria’s anti-corruption drive remains reactive and selective, often gaining momentum only after officials leave office.
Legal practitioner Ameh Madaki was more critical, accusing the EFCC of selective prosecution and staging “media trials” that rarely lead to convictions.
“Nigerians are no longer excited by such cases because many simply fade away,” he said.
Experts agree that Nigeria must move beyond post-administration probes to a preventive system anchored on strong public financial management, transparent procurement, real-time auditing of borrowed funds, and genuinely independent oversight institutions.
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SANKARA NIGERIA LIMITED PARTNERS LOVOL TO EMPOWER AFRICAN YOUTHS THROUGH MECHANIZATION TRAINING IN KADUNA
In a bold step toward tackling youth unemployment and advancing agricultural mechanization in Nigeria and across Africa, Sankara Nigeria Limited, in partnership with LOVOL, has successfully launched an intensive training programme aimed at equipping young people with modern mechanical and technical skills.
The initiative, which focuses on contemporary mechanized systems and agricultural equipment maintenance, is designed to build a new generation of skilled technicians capable of driving Africa’s agricultural transformation. The programme provides hands-on training in modern mechanical practices, particularly in the operation, servicing, and maintenance of advanced farming machinery.
Speaking on the development, Dr. Nafiu Danladi Sankara described the opportunity as both impactful and timely, noting that the programme represents a strategic investment in human capital development. According to him, the collaboration between Sankara Nigeria Limited and LOVOL underscores a shared commitment to empowering African youths with practical knowledge that fosters self-reliance and reduces dependence on white-collar employment.
He emphasized that the training is not limited to Nigeria alone but extends across Africa, reflecting a broader vision to create a continent-wide network of competent technicians who can support the growing demand for mechanized farming solutions.
“This initiative is about more than training; it is about creating opportunities, restoring dignity to labour, and building a future where young people can stand on their own through acquired skills,” he stated.
The technical workshop, which drew participants from different parts of the region, was held in Kaduna State, specifically in Zaria, at Unguwa Kaya Junction, New Jos Road, KM 2.
Participants in the programme expressed appreciation for the quality of training and the exposure to modern equipment, noting that such initiatives are critical in bridging the skills gap in the agricultural and mechanical sectors.
The programme also received warm support from the host community in Zaria, located in the historic Zazzau Emirate, where participants were welcomed with remarkable hospitality. Organizers and trainees alike commended the people of Zaria for their generosity and encouraging reception, which contributed to the overall success of the exercise.
As Nigeria continues to seek sustainable solutions to unemployment and food security challenges, initiatives like this stand as a testament to the role of private sector collaboration in national development. By equipping young people with relevant, market-driven skills, Sankara Nigeria Limited and LOVOL are not only transforming lives but also laying a solid foundation for economic growth and agricultural modernization across the continent.
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NNPCL Must Account for N210trn by April 29 – Senate
…Orders Ojulari-led management to produce Kyari, others before committee
From Taiye Hassan
The Senate, on Wednesday, through its Committee on Public Accounts, fixed April 29, 2026, as the deadline for the management of the Nigerian National Petroleum Company Limited (NNPCL) to appear before it and account for the alleged N210 trillion flagged in audit reports covering 2017 to 2023.
The committee directed the Group Chief Executive Officer (GCEO) of NNPCL, Engineer Bayo Ojulari, to appear alongside the immediate past GCEO, Mele Kyari; former Chief Financial Officer, Umar Ajia; Dr. Bala Wunti; and the company’s external auditors on the scheduled date without fail.
The resolution followed a motion moved by Senator Osita Izunaso (Imo West) and seconded by Senator Adams Oshiomhole (Edo North).
Chairman of the committee, Senator Aliyu Wadada (Nasarawa West), stressed that the N210 trillion in question, as contained in the audit reports, must be fully accounted for by the company’s management, particularly the immediate past leadership led by Kyari.
According to him, the responses so far provided by NNPCL to the 19 audit queries were unsatisfactory, noting that Nigerians deserve clear, detailed, and transparent explanations.
“This committee, and by extension the Senate, is not satisfied with the blanket explanation given by NNPCL on the N103 trillion it claimed represents liabilities. Liabilities comprise components such as retention fees, legal fees, and audit fees, and the specific amounts spent on each must be clearly stated and justified,” he said.
Wadada also demanded a detailed breakdown of the N107 trillion which the company claimed was expended on Joint Venture (JV) cash calls, as well as funds allegedly owed by some defunct banks whose identities were not disclosed.
“Consequently, it is hereby resolved that NNPCL is given an additional two weeks to appear before this committee unfailingly. The deadline for compliance is Wednesday, April 29, 2026,” he added.
Earlier, a member of the committee, Senator Abdul Ningi (Bauchi Central), called for the invocation of the National Assembly’s powers to compel the appearance of NNPCL management, citing repeated failures to honour invitations.
“We must treat this matter with the utmost seriousness. The essence of democracy rests significantly on the strength and authority of the legislature. Unfortunately, in recent times, there appears to be a growing reluctance by individuals to honour invitations from the National Assembly, leaving members feeling helpless in compelling appearances before committees,” he said.
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APC Group To Kwara Political Actors: Shun Violence, Hate Speech
Stephen Olufemi Oni, Ilorin
A frontline political group in the All Progressives Congress (APC) in Kwara State have charged political actors across the 16 local government areas of the State to shun violence, rancour and hate speech before, during and after the 2027 general elections.
The APC group, under the aegis of the Asa Progressive Movement (APM), has, therefore, sued for peaceful, issue-based campaigns, devoid of acrimony and name-calling, ahead of the elections.
The Movement made this call in Afon, headquarters of the Asa local government at the endorsement programme of President Bola Ahmed Tinubu for second term, as well as the governorship ambition of former Kwara State APC Chairman, Hon. Bashir Omolaja Bolarinwa.
In a communique signed by the APM Coordinator and the Secretary, Engineer Daud Oladipupo Babatunde and Comrade Yusuf Mutiu Akorede respectively, the Movement said: “We are committed to a peaceful, issue-based campaign and we, therefore, urge all political actors to shun violence, hate speech, and any conduct capable of heating up the polity.
“We call on all well-meaning sons and daughters of Kwara State, regardless of party affiliation, to join this movement for the restoration and advancement of our dear State.
“The 2027 election is about the future of our children and we must rise above petty sentiments.
“We pass a vote of confidence in Hon. Bashir Omolaja Bolarinwa and in the leadership of our great party, the APC, for presenting to the people a competent, credible, and compassionate candidate.
“All structures of the Movement, from the State to the polling unit levels, are hereby directed to commence immediate and intensive mobilisation for the reelection of President Bola Ahmed Tinubu and the candidature of Hon. Bashir Omolaja Bolarinwa. Every member is now an ambassador of these two projects.”
The communique reads further: “Our decision is predicated on Hon. Bolarinwa’s proven track record of service as former Councillor, former Council Chairman, former member of the Federal House of Representatives, former State Chairman of the party, who led the party to 100 percent victory in the 2019 elections, and former Board Chairman of the NBC; his desire to tackle the lingering problems of insecurity, youth unemployment, and agricultural revival; and his integrity, accessibility, and capacity to unite the diverse peoples of the State.
“The APM unanimously endorses Tinubu for second term and Bolarinwa as our preferred candidate for the office of Governor in the 2027 general elections under the platform of the All Progressives Congress (APC).”
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