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NEITI Report: Senator Hunkuyi Calls For Proper Legislation

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By Lola SERIKI- IDAHOSA, Kaduna

Senator Sulaiman Hunkuyi, representing Kaduna North Senatorial District in the Senate has called for a proper legislation that will help check the corruption and diversion of public funds. Hunkuyi made this known while commenting on Nigeria Extractive Industries Transparency Initiative (NEITI) report which revealed that the country lost at least $9 billion in 2013 to sharp financial practices in the oil and gas sector. He said a closer look at the way public fund was being diverted over the years one will agree that lack of legislation to prescribe stiffer penalties for offenders or executive unwillingness to fight corruption is the reason behind the high level of corruption in Nigeria. He said the budget of the government is predicated on the free flow of revenue to the Federation Account and if there is no proper legislation to check the corruption in the system the government will find it difficult to implement its budget. He called on his colleagues in National Assembly to collaborate with the government of the day to fight corruption by coming up with laws that will hurt corruption in the country. The Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI), Waziri Adio on Wednesday when he appeared before the Senate over the agency’s 2013 audit report on the oil and gas and solid minerals sectors said Nigeria lost about $9 billion in 2013 to sharp financial practices in the oil and gas sector. Adio said Nigeria lost 5.9 billion dollars and N20 billion to inefficient practices and theft, among other things, and those 1.7 billion dollars was still owed to the federation from oil mining leases (OML). “In 2013 the country produced 800.3 million barrels and out of that, the country made 58.07 billion dollars and that represents an eight- per cent reduction from the 62.9 billion dollars the country made in 2012. “The issue is that there are some monies that were withheld, lost or underpaid for different reasons.
“The first is in the category of the non-remitted, and the non- remitted amounted to 3.8 billion dollars and N358 million. “The second category is the category of losses. Because of some inefficient practices and theft among other things, the country lost 5.9 billion dollars and N20 billion. “N20 billion was lost because the Nigerian National Petroleum Corporation (NNPC) did not observe the 90 days credit grace. “Looking at the time value of money, if you calculate at 12 per cent interest, the country lost N20 billion. “Under the category of the under-assessed, the country lost 599.8 million dollars. “When we look at the non- remitted, 1.7 billion dollars is still being owed the federation for OMLS. “Those are the monies we have established that should have been paid to the federation and were not paid,’’ he said. Mr. Adio also said that the audit report revealed that the NNPC divested some monies that should have been transferred to the
federation account. “NNPC, between 2010 and 2011, divested eight assets that belong to the federation to its upstream subsidiary, Nigerian Petroleum Development Company (NPDC). “So, NNPC divested 55 per cent of the shares being held on behalf of the federation to the NPDC. “These eight OMLS are valued at 1.8 billion dollars by Department of Petroleum Resources (DPR). “NPDC paid only 100 million dollars out of the 1.8 billion dollars, meaning there is an outstanding of 1.7 billion dollars and even the 100 million dollars was paid two years after. “What this means is that NNPC lifted oil on behalf of NPDC not on behalf of the federation in spite of the fact that NPDC has not fully paid for those assets,’’ he said. “Another issue is the losses incurred from swap and crude oil offshore processing agreement (OPA). “This is the arrangement where NNPC exchanges crude for product and the country lost 518 million dollars due to the inefficiency of the swap and OPA,’’ he said

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Senator Monguno Delivers Monguno LGA for President Tinubu

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Senator Mohammed Tahir Monguno, Chief Whip of the Senate and distinguished representative of Borno North Senatorial District, has once again proven his political dexterity and grassroots command by delivering Monguno Local Government Area overwhelmingly for President Bola Ahmed Tinubu during the All Progressives Congress (APC) Presidential Primaries.

The primaries, conducted in a peaceful and transparent atmosphere, drew massive participation from party faithful, stakeholders, youth groups, and women across Monguno LGA. The exercise was marked by unity, discipline, and enthusiasm, as members reaffirmed their loyalty to the APC and their unwavering commitment to the Renewed Hope Agenda championed by President Tinubu.

Senator Monguno, addressing the gathering, commended the people for their steadfastness and collective spirit. He emphasized that the success of the primaries was not merely a reflection of his leadership but a testament to the enduring bond between the APC and the people of Borno North. “Our strength lies in our unity, our discipline, and our loyalty to the ideals of progress and development. Together, we will continue to sustain the dominance of our great party,” he declared.

Observers noted that the outcome of the primaries further cements Senator Monguno’s reputation as a formidable political figure in Borno State. His ability to mobilize diverse groups – from traditional leaders and community stakeholders to youth and women organizations – underscores his deep connection with the grassroots and his commitment to inclusive leadership.

The primaries also highlighted the growing confidence of the people in President Tinubu’s administration. Many participants expressed optimism that the Renewed Hope Agenda would bring lasting development, security, and prosperity to the region. The atmosphere was charged with chants of solidarity and renewed determination to ensure the continued success of the APC at both state and national levels.

Political analysts have described Monguno’s achievement as a strategic boost for the APC in Borno State, reinforcing the party’s dominance and strengthening its prospects for future contests. The senator’s role in coordinating the primaries has been widely praised as an example of effective leadership and organizational skill.

As the APC consolidates its position across Nigeria, the Monguno LGA primaries stand as a clear demonstration of the party’s resilience and the people’s trust in its vision. Senator Monguno’s influence, coupled with the collective will of Borno North, has once again positioned the district as a stronghold of support for President Tinubu and the APC.

With this successful outing, Borno North remains united, resolute, and firmly committed to advancing the progress of the party and the nation under the leadership of President Bola Ahmed Tinubu.

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KUMO CONGRATULATES TINUBU ON PRIMARY VICTORY: “NIGERIA HAS FOUND IN YOU A LEADER WORTHY OF HER TRUST “

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Hon. Hamma-Adama Ali Kumo, popularly known as “Dattuwa”, Deputy National Financial Secretary of the All Progressives Congress (APC) and Chairman of the Governing Board of the Industrial Training Fund (ITF), has congratulated President Bola Ahmed Tinubu on his landslide victory at the 2026 APC Presidential Primary Election.
In a warm and heartfelt message, Kumo described the President’s victory as a clear and resounding endorsement by millions of ordinary Nigerians who have seen, felt, and believed in his leadership.
“Mr. President, today the people have spoken. From the North to the South, from state to state and ward to ward, APC members came out in their millions to say — we are with you. This victory belongs to every Nigerian who believes in a better tomorrow,” Kumo said.
He praised President Tinubu for the courage and humility he demonstrated by subjecting himself to the democratic process — choosing to stand and be elected rather than using the power of incumbency to sidestep the people’s verdict.
“You are a President who could have taken the easy road. Instead, you opened the door to all, welcomed a challenger, and stood before the Nigerian people to be judged. That is the mark of a true democrat, and we are proud of you,” he said.
Kumo also celebrated the Electoral Act 2026 — signed by the President — which abolished the delegate system and empowered grassroots party members across all 8,809 wards to vote directly for their preferred candidate. He described it as one of the most important gifts any President has given to Nigerian democracy.
“You did not just talk about democracy. You legislated for it, and then you lived by it. That consistency of character is what sets you apart,” Kumo added.
As a member of the APC’s National Working Committee and Chairman of the ITF Governing Board — a position he holds by the confidence of the President — Kumo said he remained fully committed to supporting the Tinubu administration in delivering on its Renewed Hope agenda for all Nigerians.
He closed with a personal charge to the President.
“Your Excellency, the mandate is yours. The people trust you. Go and finish the work. Nigeria is counting on you, and we are all standing firmly behind you.”

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CBIAMEC Elects New Executives as National Coordinator, Onomuodeke Unveils Seven-Point Agenda

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The CSO Budget Implementation, Assessment, Monitoring and Evaluation Committee (CBIAMEC) has on Friday, elected new executives to pilot the affairs of the committee, with Comrade Patrick Ogheneyero Onomuodeke, emerging as the newly elected National Coordinator.

The election, which drew members, stakeholders, and observers from different sectors, marked a significant transition in the leadership structure of the committee and reaffirmed its commitment to transparency, accountability, inclusion, and effective project monitoring across the country.

Other officers were also elected into key positions including General Secretary, Head of Operations, Head of Legal, Head of Media, among others.

Speaking shortly after the election, Comrade Patrick Ogheneyero unveiled a seven-point agenda aimed at repositioning the committee for greater efficiency, visibility, and impact. According to him, the agenda will focus on strengthening institutional capacity, promoting transparency in budget implementation processes, improving collaboration with relevant stakeholders, enhancing media visibility, deepening citizen engagement, promoting inclusiveness, and ensuring effective monitoring and evaluation of projects and policies.

He stressed the importance of unity, professionalism, and dedication among members, noting that civil society organizations must continue to play active roles in promoting good governance and accountability in the country.

The newly elected National Coordinator further pledged to run an open, inclusive, and result-driven administration that would prioritize teamwork, transparency, and national development.

The election also witnessed the presence of notable observers and stakeholders, including Comrade Adodo Solomon, Chairman Public and Private Partnership, as well as international development expert, Mrs. Tamara Jensin, President and Chairman Arc-royal International, alongside other dignitaries.

Members of the committee expressed optimism over the emergence of the new executives, describing the development as a fresh opportunity to reposition the organization and strengthen its relevance within the civic and governance space.

The event concluded with goodwill messages and renewed commitments by members to work collectively toward achieving the vision and objectives of the committee.

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