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Funds Hamper Loot Recovery – PACC

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Committee Handicapped In Recovering From Abacha,Ibori, Diezani, Others
Proposes Assets Recovery Fund

Paucity of funds may be seriously working against the efforts of the Presidential Advissory Committee on Corruption, PACC, inaugurated by the present administration in recovering billions of Naira stashed away in domestic and foreign accounts by past officials who may have stolen such funds from the public treasury..
Me,mbers of the committee was reported to have confirmed that lack of funds is hampering and frustrating government’s efforts in recovering what was stolen by , amongst others the late former Head of state, General Sani Abacha, ex-governor of Delta State, James Ibori, currently serving a jail term in Britain and the immediate past Minister of Petroleum resources, Diezani Alison-Madueke.
The Committee which was created by President Muhammadu Buhari on assumption of office to take a holistic view of the nation’s corruption index, and advise on how best to curtail the menace announced that it has been weighed down by lack of funds, to initiate moves to recover large sums of the Nigerian money stolen by past officials.
PACC, in a letter to a United Kingdom-based anti-corruption organisation, Global Witness, soliciting assistance in raising funds, revealed that due to the fall in crude oil prices, and the general economic downturn, the government lacked the needed funds to pursue recovery of loots.
The letter, dated February 15, 2016, and signed by the Executive Secretary of PACC, Bolaji Owasanoye, which was directed to the Director of Global Witness, Simon Taylor, appealed that it was indigent and unable to sustain a formidable front against the nation’s looters.
Mr. Owasanoye, a professor, argued that the economy could not be revived simply by improving revenue generation, without wiping out corruption and recovering money stolen by former officials.
He said ongoing investigations into the diversion of arms funds by the former National Security Adviser (NSA), Sambo Dasuki, and ex-military chiefs, show that significant amount of the money needed by the government to alleviate poverty were still in “the pockets and bank accounts of looters of public funds”.
He said intelligence reports and court rulings elsewhere have shown that there were more funds to be recovered from the immediate past Petroleum Minister, Diezani Alison-Madueke, the fraudulent sale of OPL 245 by Malabu Oil and Gas, a company owned by “a well-known money launderer”, Dan Etete, assets traced to former Delta State Governor, James Ibori, and former military ruler, Sani Abacha.
He however explained that due to the multi-jurisdiction of the cases, and the exorbitant charges of professionals such as lawyers, forensic financial investigators, and the ability of the suspected officials to use part of the alleged stolen fund to challenge the recovery of the fund, the government needed huge flow of resources.
“However, this poses a major problem. An empty treasury means that the money is not currently available for the government to engage these professionals due to the high fee that they charge.
“Even in cases where service will be given on contingency basis the initial seed fund required to start the process is not affordable. As a result, the action the government urgently seeks to take is being stymied,” Mr. Owasanoye wrote.
He argued that the government’s capacity to pursue all potential cases would be greatly boosted by the creation of an Assets Tracing, Recovery and Litigation Fund from which lawyers, investigators and forensic auditors will be paid.
He added that the government was also working on an arrangement where professionals engaged would be paid only on successes recorded.
“Once engaged, government can negotiate with the professionals to earn only success fees. Each professional engaged will secure its own litigation funders to support their briefs,” he stated.
Mr. Owasanoye further revealed that government would not have got as much traction as it does in its drive to prosecute ex-officials, and in the recovery of funds, if it had not received a combined financial lifeline of $5 million from international organisations such; as the Ford foundation, MacArthur Foundation, and the Foundation to Promote Open Society.
“This fund is supporting the mandate of the Presidency Advisory Committee on Corruption which is co-ordinating the anti-corruption effort of the government and promoting improved criminal justice administration.
“In light of the very dire economic situation of the moment this support and the proposed Assets Tracing, Recovery and Litigation Fund, is crucial to government ability to get recovery assets to support social welfare projects for the impoverished majority of Nigerians.
“Furthermore, funding support will enable government to use money that would have otherwise gone to professionals for assets recovery for other social protection projects,” he wrote

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“Nigeria Is in a Hurry to Celebrate Victory Over Enemies of the State,” Says Tinubu as He Decorates New Service Chiefs

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By: Fabian Apechihin

President Bola Ahmed Tinubu has urged the newly appointed service chiefs to discharge their duties with utmost dedication and renewed commitment, declaring that “Nigeria is in a hurry to celebrate victory over enemies of the state.”

The President made this statement on Thursday during the decoration ceremony of the new service chiefs with their ranks at the Aso Rock Presidential Villa in Abuja.

Those decorated were General Olufemi Oluyede as Chief of Defence Staff, Lieutenant-General Wahidi Shaibu as Chief of Army Staff, Air Marshal Kennedy Aneke as Chief of Air Staff, and Vice Admiral Idi Abbas as Chief of Naval Staff.

The ceremony was attended by Vice President Kashim Shettima and the spouses of the newly promoted officers, who joined the President in performing the decorations.

In his address, Tinubu underscored the central role of security in fostering national development and reaffirmed his administration’s commitment to protecting the lives and property of all Nigerians.

“Security is an essential element without which everything else becomes meaningless,” the President stated. “There can be no sustainable development if this fundamental need is not met. Our people and our nation must remain secure to enjoy the dividends of governance.”

The elevation and decoration of the new military chiefs followed their confirmation by the National Assembly on Wednesday, after a closed-door screening session with lawmakers.

It will be recalled that, in a recent overhaul of the nation’s military hierarchy, President Tinubu appointed:

  • Lieutenant General Olufemi Olatubosun Oluyede as Chief of Defence Staff,
  • Major General Waidi Shaibu as Chief of Army Staff,
  • Rear Admiral Idi Abbas as Chief of Naval Staff,
  • Air Vice Marshal Sunday Aneke as Chief of Air Staff, and
  • Major General Emmanuel Undiandeye retained as Chief of Defence Intelligence.

The new appointments mark a strategic restructuring of Nigeria’s security leadership aimed at strengthening the fight against insurgency, banditry, and other threats to national stability.

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FG Dismisses Coup Rumour, Reaffirms Confidence in Nigerian Military

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By: Fabian Apechihin

The Federal Government has dismissed widespread rumours of an alleged military coup plot against President Bola Tinubu, declaring its full confidence in the loyalty and professionalism of the Nigerian Armed Forces.

Minister of Information and National Orientation, Mohammed Idris, made this known in an interview with The Punch on Sunday, insisting that the administration has “no reason whatsoever” to doubt the assurances given by the Defence Headquarters, which had earlier denied reports linking the detention of 16 military officers to a coup attempt.

“The Federal Government has no reason to doubt the military on what it has said,” Idris stated.
“We believe the Armed Forces of Nigeria remain committed to protecting the nation’s territorial integrity and strengthening the fight against insecurity. The government commends their sacrifice and will continue to support them in safeguarding the country.”

The minister’s remarks came a day after the Director of Defence Information, Brigadier General Tukur Gusau, firmly debunked a report by Sahara Reporters alleging that the detention of 16 officers was connected to a failed coup plot and the cancellation of the 65th Independence Day parade.

Gusau described the publication as “false, mischievous, and deliberately aimed at creating unnecessary tension and public distrust.”

He clarified that the cancellation of the October 1 Independence Day parade was a purely administrative decision — taken to allow President Tinubu attend a key bilateral meeting abroad and to enable military units sustain ongoing counterinsurgency operations nationwide.

On the issue of the detained officers, Gusau said their case was “an internal disciplinary process” and not related to any political matter.

“The investigation involving the 16 officers is routine, aimed at upholding discipline and professionalism within the ranks,” he explained. “An investigative panel has been constituted, and its findings will be made public in due course.”

Reaffirming the military’s constitutional role and unwavering commitment to civilian rule, Gusau stressed emphatically:

“Democracy is forever.”

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FG Moves to Reform Civil Service Disciplinary System for Greater Efficiency

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By: Fabian Apechihin

The Federal Government is set to overhaul the disciplinary control system in the civil service to promote efficiency, accountability, and timely resolution of cases.

The Chairman of the Federal Civil Service Commission (FCSC), Prof. Tunji Olaopa, made this known during a one-day joint retreat between the FCSC and the Office of the Head of the Civil Service of the Federation (OHCSF).

In a statement issued on Tuesday by the Commission’s Head of Press and Public Relations, Taiwo Hassan, Olaopa emphasized that the review would drive culture change, value reorientation, and improve the overall disciplinary framework in the public sector.

He likened the relationship between the FCSC and OHCSF to that of “Siamese twins,” noting that both bodies share crucial responsibilities in policy implementation, regulatory enforcement, and leadership across the service.

Olaopa also underscored the need for stronger collaboration and communication between the two institutions to avoid misunderstandings, build trust, and enhance service delivery.

The FCSC chairman further advocated for an integrated system that links merit-based recruitment, competency-driven human resource management, and performance evaluation with the civil service wage structure, saying such reforms would help reposition government as an “employer of choice.”

Speaking on behalf of the Head of the Civil Service of the Federation, Dr. Folasade Yemi-Esan, Esther Walson-Jack praised Olaopa’s reform initiatives, describing the retreat as a renewed commitment to strengthening collaboration and efficiency within the civil service.

The renewed push for reform follows rising concerns about bureaucratic bottlenecks, delayed disciplinary actions, and weak accountability mechanisms in Nigeria’s public administration.

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