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Stolen Funds Recovered Under Buhari Are Currently Missing From CBN – SERAP

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The Socio-Economic Rights and Accountability Project (SERAP) has claimed that all the stolen public funds recovered between 2016 and 2019 by the immediate past government of Muhammadu Buhari are missing from the Central Bank of Nigeria.

The group revealed this on Wednesday afternoon via its verified X-page, adding that the missing looted funds were discovered when the management of the apex bank could not account for them. ‘’The Auditor-General of the Federation wants the CBN to account for the money,” the group wrote on X.

Recall that the Human and Environmental Development Agenda (HEDA Resource Centre) had earlier said it disagreed with the Nigerian government on the amount of looted funds the latter said it recovered from 2015 to 2022

The Buhari Government disclosed that over one billion dollars were recovered as looted funds by the administration within the period of seven and half years.

The former Attorney-General and Minister of Justice, Abubakar Malami, who made this known while briefing newsmen said $1 billion in looted funds had so far been recovered by the Buhari-led administration.

Commenting on the issue of looted funds, Malami stated that the funds had been deployed to various sectors of the economy, including poverty alleviation.

However, Mr Olanrewaju Suraju, Chairman of HEDA Resource Centre had disclosed that the figure published by the government was not accurate.

He said the only thing that was correct about President Buhari’s administration was the inconsistency in the stating and flaunting of figures, especially regarding asset recovery, lamenting  that the government’s asset recovery programme had not been coordinated.

He explained that a serious government that values statistics and data could have been more constructive and responsible to provide data that covers international recoveries and local recoveries.

 

 

 

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NNPP Disowns Planned Protest Against INEC

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By Omoniyi David

The New Nigeria Peoples Party (NNPP) has disowned a planned protest against the Independent National Electoral Commission (INEC) scheduled for Tuesday, January 20, 2026, in Abuja and other parts of the country.

In a statement issued Monday from its National Secretariat in Abuja, the party said reports linking it to the proposed protest were false, describing the planned demonstration as illegal.

The statement, signed by the NNPP National Publicity Secretary, Ladipo Johnson, said the organisers of the protest were impostors and not members of the party.

The NNPP cited a Federal High Court judgment delivered on April 18, 2024, in Suit No. FHC/ABJ/CS/1354/2024, in which Justice Emeka Nwite upheld the expulsion of the individuals involved.

The party urged the public and security agencies to disregard any attempt to associate it with the protest, reaffirming its commitment to lawful and democratic engagement.

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2025 Awards Night: ACCI Spotlights Business Excellence, International Collaboration

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By Ade Iyamoye 

The Abuja Chamber of Commerce and Industry (ACCI), on Tuesday celebrated outstanding contributions to enterprise development and international cooperation at its 2025 Awards and Dinner Night, with a renewed commitment to building a resilient, globally competitive business community.

Speaking at the event held at the Prince Adetokunbo Kayode SAN Trade and Convention Centre, ACCI President, Chief Emeka Obegolu, SAN, PhD, said the awards night was a moment of appreciation for businesses and individuals whose innovation, perseverance and investments continue to drive Nigeria’s economy.

Obegolu said the Chamber had made “meaningful progress” over the past year in line with its vision to strengthen infrastructure, facilitate trade, build capacity, professionalise the Secretariat, expand global partnerships and reposition the ACCI brand.

He highlighted the ACCI Business, Entrepreneurship, Skills and Training (BEST), Centre as a key intervention aimed at skills development and entrepreneurship, preparing members and young Nigerians to compete locally and globally.

According to him, ongoing projects around the Chamber are designed to create a sustainable commercial ecosystem and long-term value for members.

The ACCI president also underscored the importance of engagement with government institutions, development partners and the diplomatic community, noting that such collaborations have enhanced the Chamber’s credibility and positioned it as a vital platform for dialogue.

“The presence of ambassadors and members of the diplomatic corps here tonight underscores the growing international interest in Abuja as a business destination,” Obegolu said, adding that business, beyond profits and policies, is ultimately about people.

He reaffirmed ACCI’s commitment to delivering value to members, growing its membership base and attracting investment that will contribute to Nigeria’s economic growth and global competitiveness.

On his part, the Brazil’s Ambassador to Nigeria, Carlos Garcete, commended ACCI for its role in deepening bilateral trade and cultural relations between Brazil and Nigeria, describing 2025 as a “remarkable year” for relations between both countries.

Garcete cited multiple high-level exchanges, including visits by President Bola Tinubu to Brazil for the G20, BRICS and a state visit, reciprocal visits by ministers and vice presidents of both countries, and Nigeria’s participation in COP30.

He particularly praised ACCI’s instrumental role in the Brazilian trade mission led by ApexBrasil, which brought over 40 Brazilian companies and more than 60 business leaders to Nigeria, the largest standalone Brazilian business delegation to the country.

Receiving the ACCI Award for Promotion of Cultural and Economic Exchange on behalf of the Brazilian Government, Garcete described the honour as both recognition and a call to sustain strong cooperation, expressing optimism for deeper collaboration in 2026.

The event brought together captains of industry, diplomats, partners and stakeholders for networking and celebration, reinforcing ACCI’s role as a bridge between Nigerian enterprise and the global business community.

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Again, Four Rice Farmers Abducted in Kwara

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By Huldah Shado

Terrorists abducted four rice farmers in Bokungi Village, Edu LGA, Kwara State, on Wednesday evening, local sources confirmed.

The victims were attacked while harvesting rice, less than 24 hours after gunmen targeted a church in Eruku, Ekiti LGA.

Residents said the armed men forced the farmers into nearby bush before moving them to an unknown location.

Community members warned that growing insecurity is driving farming settlements to near desertion, as farmers avoid working in vulnerable areas.

The Kwara State Police Command has yet to comment.

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