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N774.6m Vehicles Procurement Scandal Rocks Dissolved National Steel Council Board

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… As investigation uncovers board still functions in aberration
… Expert urges Tinubu to constitute a new board


The National Steel Council (NSC) is embroiled in a multimillion-naira procurement scandal involving the immediate past board of the agency as the federal government is urged to investigate allegations of scam.

The board was dissolved by the President Bola Tinubu-led administration but continued to parade itself as legitimate hence causing problems; The board had procured 6 units of Utility vehicles from Elizade Motors without budgetary provision from the Federal Government. According to a letter addressed to its Chairman, but made attention of Mr. Seun Oyefeso, who reportedly was the Chairman, Finance and General Purpose Committe of the Council.

A document exclusively obtained by Aljazirah Nigeria exposed the purchase of 6 units of Jetour brand of vehicles at the cost of N774,660,000 (Seven Hundred and Seventy-Four Million, Six Hundred And Sixty Naira only) which was supplied to the dissolved National Steel Council board members in their office on February 2nd 2024. This was eight month past the dissolution of the Board by Mr. President.

Elizade Nigeria Limited in a letter signed by its Executive Director, Ademola Phillip-Adewunmi demanded for return of the vehicles and claimed a breach of contract, following the Board’s failure to pay for the vehicles it purchased within the agreed 30 days.

The Office of the Council’s administration alleged that the board approved for itself financial allocations exceeding the threshold stipulated by the Bureau for Public Enterprises (BPP).

The board further exceeded its mandate by making financial decisions without budgetary provisions or due process, such as procuring vehicles, appointing legal counsel/consultants, and renting offices without proper allocation or adherence to financial regulations.

Documents also showed that the board allegedly rented its own offices without budgetary allocation.

Besides the infractions last NSC board was engrossed in, further findings internally show that the Council board is said to be still functional, despite the dissolution of all boards all federal government parastatals, agencies, institutions, and government-owned companies by President Bola Tinubu, except those listed on the Third Schedule, Part 1 Section 153(1) of the 1999 Constitution as amended. This puts the activities of the Board in breach of the Presidential order as it has continued operating illegally, until the Senate, and the House of Representatives committee on Steel Development, through motions asked that the council should be dissolved.

When our reporter reached out to the Executive Secretary for comment on the matter he refused to make any comment but referred our reporter to the ministry where the report was made by Elizade Nigeria Limited.

We also reached out to the ‘dissolved’ council for a reaction to the issues in contention, they explained that procurement of office furniture, fittings, official vehicles, and the lease of office property for the National Steel Council all pass through the normal due process of tender board and as well as Bureau of public procurement for approval.

Interacting with staff of the agency who did not want their name on print, AljazirahNigeria deduced that the continued interference by the dissolved board of the National Steel Council in the running of the agency has now become a great disservice. The staff expressed worry that persistent wrangling between the board leadership and administrators was stalling progress the agency should have made.

Speaking to a public affairs analyst, Okey Isaac, he warned that the National Steel Council is too important in revitalizing Nigeria’s economy and hence needed not to be embroiled in procurement irregularities and leadership tussles as such.

Isaac called on President Tinubu and the Minister of Steel Development, Prince Shuaibu Abubakar Audu to not only wade into the procurement violations at hand but also ensure sanity is restored in the agency by immediately setting up a new board to replace the dissolved one which will in turn restrict group of persons parading themselves as members of NSC board.

“President Tinubu and the Minister of Steel Development must not treat this issue with kid gloves or deodorize it as steel development remains pivotal to economic progress elsewhere around the world.

“So, I call on Mr. President to immediately form a new board, I expect the minister to ensure the agency runs smoothly and starts making the expected progress. I also expect the Federal Government and its anti-corruption agencies to get to the root of this infractions raised in the investigation,” Isaac stated.

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Seven Killed in Fresh Attack on Benue Community

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By: Fabian Apechihin

At least seven people have been confirmed dead following an ആക്രമ by suspected armed herders on Channel One community in Logo Local Government Area of Benue State.

The affected settlement, located along the Arufu–Wukari road near the border with Taraba State, was reportedly invaded late Sunday night. Residents said the attackers stormed the area around 11 p.m., firing indiscriminately and forcing villagers to flee.

A local resident, Amos, who spoke via telephone, said the sudden gunfire caused panic as people ran for safety. A community leader, Joseph Anawah, also confirmed the нападение, initially reporting six fatalities and identifying the victims as Akor Gwakyaa, Msooter Gwakyaa, Aondoungwa Michael, Vershima Michael, Terna Michael, and Msughter Terzungwe.

He added that several others sustained serious injuries and were taken to hospitals in Anyiin, while about seven critically injured victims were transferred to Ugba for further treatment.

According to Anawah, the attackers—believed to be armed Fulani herders—arrived in large numbers on motorcycles and were heavily вооружены. He alleged that they may have come from a camp in Shaor, a deserted village in Logo LGA previously flagged in intelligence reports as a base for armed groups.

The assault has triggered fresh displacement, with residents of the affected and nearby communities fleeing to safer locations over fears of additional attacks.

Chairman of Logo LGA, Clement Kav, confirmed that seven people were killed and four others injured. He said the assailants carried out a swift हमला before retreating.

Kav noted that the incident has been reported to the police commissioner and the state’s Special Adviser on Homeland Security.

Meanwhile, the spokesperson of the Benue State Police Command, DSP Udeme Edet, said she had not yet received full details of the incident but promised to provide updates.

The latest killings add to a growing wave of violence across Benue State. In recent days, multiple attacks have been recorded, including the killing of a traditional ruler and his family in Agatu LGA, as well as the murder of three mourners and abduction of two others in Ushongo LGA.

Community leaders are now urging both state and federal authorities to strengthen coordinated security operations, particularly along border areas, and to dismantle suspected armed camps to prevent further bloodshed.

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Court Orders Accelerated Trial Of Alleged Coup Plot Suspects

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By: Fabian Apechihin

A Federal High Court sitting in Abuja has directed that the trial of six individuals accused of plotting to topple President Bola Tinubu’s government be fast-tracked.

In a ruling delivered on Monday, Justice Joyce Abdulmalik approved an accelerated hearing process and scheduled April 29, April 30, May 4, and May 5 for the start of the trial, along with the hearing of bail applications. She, however, stated that proceedings would commence before any bail requests are entertained.

Those standing trial are Mohammed Ibrahim Gana, a retired major-general; Erasmus Ochegobia Victor, a retired navy captain; Ahmed Ibrahim, a police inspector; and Zekeri Umoru, an electrician attached to the Presidential Villa. Also charged are Bukar Kashim Goni and Abdulkadir Sani, a Zaria-based cleric.

The defendants are facing a 13-count charge that includes allegations of treason, terrorism, failure to disclose information, and money laundering. All six pleaded not guilty. One of the charges accuses them of conspiring in 2025 to wage war against the state in a bid to unseat the President.

Attorney General of the Federation, Lateef Fagbemi, informed the court that the prosecution is prepared, with witnesses ready to testify. However, defence lawyers—among them Mohammed Ilayepo, Paul Erokoro, A.I. Yeru, and N.S. Diri—objected to the timeline, citing inadequate notice and the complexity of the case.

Despite the concerns raised, the court instructed all parties to cooperate in ensuring a swift trial.

The session was held under heavy security, with journalists barred from the courtroom. Officials, backed by operatives of the Department of State Services, asked reporters to leave shortly before proceedings began.

Meanwhile, a separate military tribunal involving 36 serving officers allegedly connected to the plot is scheduled to resume on May 8. The Defence Headquarters confirmed that the officers are being tried under military law at a tribunal in Abuja.

The parallel civilian and military proceedings highlight the scale of the alleged plot, which authorities say involves both civilians and active-duty personnel.

Former Bayelsa State Governor Timipre Sylva, who was named in several counts but not formally charged, is said to be at large.

The six accused persons had earlier been arraigned and remanded in DSS custody as investigations into the alleged coup plot continue.

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Policy Summersaults Threat To Nigeria’s Growth: CRC Boss

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Stephen Olufemi Oni, Ilorin

Nigeria’s quest to build a vibrant entrepreneurial economy is under serious threat due to inconsistent government policies, weak infrastructure and fragmented data systems, Managing Director of CRC Credit Bureau Limited, Dr Ahmed Babatunde Popoola, has said.

Popoola raised the alarm while delivering a lecture at the Kwara State University (KWASU), Malete, where he stressed that access to finance alone cannot drive business growth without trust, reliable data and coordinated policy direction.

According to him, Nigeria must urgently strengthen three key pillars—financial services, financial infrastructure and socio-economic systems—to compete with leading entrepreneurial economies globally.

“We must develop all these three in Nigeria to join the league of entrepreneurial economies,” he said.

He expressed concern that frequent policy changes by successive administrations have weakened the impact of government interventions on small businesses and consumers.

“At the public policy level, a coherent access to finance framework for consumers and SMEs needs to be developed. We have observed that different administrations embark on different policies and continuity is not guaranteed. This is a major challenge in Nigeria,” Popoola stated.

The CRC boss also decried the dominance of informal credit systems, warning that millions of Nigerians, including users of unregulated digital lending platforms, remain outside the formal financial ecosystem.

“A lot of credit activities take place informally outside the formal financial system. A robust finance framework would connect these fragmented sources to the formal system and enhance financial inclusion,” he said.

On identity management, he called for the harmonisation of multiple identification platforms under the National Identification Number (NIN), proposing a unified system for all Nigerians.

“We need to accelerate the fusion of tax ID, passport, BVN, driver’s licence and voter’s card with the NIN. It should be the only unique number for everyone,” he added.

Popoola further warned that rising digital financial transactions have increased exposure to fraud and data breaches, urging stricter enforcement of data protection laws.

“Data is central to the success of the financial system. It must be protected from abuse and unauthorised access. Strict compliance with data protection regulations should be enforced,” he said.

He also urged government to unlock critical data held by telecom firms, power distribution companies, insurers and tax authorities to support credit bureaus in improving lending decisions.

“With the right data, credit bureaus can unlock access to credit for consumers and small businesses. Today, data is locked up in silos and not useful to the economy,” he noted.

Highlighting infrastructure gaps, Popoola described poor electricity supply as a major obstacle to industrialisation and enterprise development.

“I do not think any nation can achieve greatness if access to electricity remains as poor as we currently have it in Nigeria,” he said.

He challenged universities to conduct impact assessments on government-backed SME programmes, noting a lack of evidence on whether such interventions are achieving desired outcomes.

“Rigorous research should determine whether these supports are achieving expected outcomes. As of now, we have little research activities in this area,” he added.

Popoola, however, acknowledged progress in Nigeria’s digital ecosystem, citing the growth of fintech firms such as Flutterwave, OPay, Interswitch and MoniePoint as evidence of emerging trust infrastructure.

“Government direct financial support is a form of subsidy and cannot materially address the gaps in access to finance. The promotion of financial infrastructure will move the needle faster,” he said.

He emphasised that improving education and healthcare systems is critical to unlocking the potential of Nigeria’s youthful population.

“When we build the capacity of people through quality education and accessible healthcare, we will unleash opportunities for our youthful population to live lives of dignity and prosperity,” Popoola said.

Meanwhile, the Vice-Chancellor of Kwara State University, Professor Shaykh-Luqman Jimoh, reaffirmed the institution’s commitment to bridging the gap between academia and industry through strategic partnerships.

Jimoh said the collaboration between the university and CRC Credit Bureau Limited would enhance students’ employability through internships, research and industry exposure.

“This lecture is one way we as a university are forging synergy with industry,” he said.

“Our students stand to benefit from structured internships, industry exposure, and targeted employability training, while our faculty will engage in joint research and knowledge exchange that strengthens both academic output and industry practice,” Jimoh added.

He noted that the partnership, formalised in January 2026, focuses on finance, data science and credit management, positioning the university as a driver of economic transformation.

“For us, theory must meet practice on our campuses while practice must reflect grounded theories in our communities. This is the only way universities can contribute meaningfully to national development,” he said.

Also speaking, the Dean of the Faculty of Management and Social Sciences, Dr Rahman Mustapha, underscored the importance of trust in building a sustainable financial and entrepreneurial ecosystem.

“The future of finance and entrepreneurship in Nigeria rests on your shoulders, and trust remains the currency that will sustain your endeavours,” Mustapha told students.

He described the lecture as timely, noting that stronger collaboration between academia and industry is essential for preparing students for real-world challenges and driving national development.

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