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EFCC Barricades Yahaya Bello’s Abuja Residence Amid Fraud Allegations

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The Economic and Financial Crimes Commission (EFCC) has taken action against former Kogi State Governor Yahaya Bello, barricading his Abuja residence in the wake of fraud allegations. The EFCC’s move restricts movement in and around Bello’s house located on Benghazi Street, Wuse Zone 4, Abuja, indicating a significant escalation in the ongoing investigation.

This development follows the EFCC’s inclusion of Bello’s name in an amended charge filed against Ali Bello, the chief of staff to Kogi State Governor Usman Ododo, and Daudu Suleiman. The charge, comprising 17 counts, alleges the diversion of approximately N100 billion belonging to the state government, implicating the former governor in financial misconduct.

In response to the EFCC’s allegations, the Kogi State government vehemently denied any misappropriation of funds during Bello’s tenure. Kingsley Fanwo, the Commissioner for Information and Communications, defended Bello’s integrity, describing him as “squeaky clean” and denouncing the EFCC’s actions as politically motivated persecution.

Fanwo criticized the EFCC’s amended charges as false and fictitious, asserting that the agency’s pursuit of the former governor is baseless. He urged the EFCC to refrain from implicating Kogi State in what he termed as “ongoing persecution” driven by political motives aimed at tarnishing Bello’s reputation.

The standoff between Bello and the EFCC underscores the contentious nature of corruption allegations against public officials and the broader implications for political stability and accountability.

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Reps Approve ₦54.99tn 2025 Budget

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By Ifeoluwa Odunayo

The House of Representatives has approved Nigeria’s ₦54.99 trillion 2025 budget, marking a pivotal step in addressing economic challenges and public services.

The revised budget, up from the initial ₦49.7 trillion proposal, includes ₦3.645 trillion for statutory transfers, ₦14.317 trillion for debt servicing, ₦13.64 trillion for recurrent expenses, and ₦23.963 trillion for capital projects.

Lawmakers expect the increased spending to stimulate economic recovery, stabilize key sectors, and reduce borrowing reliance.

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Nigeria Moves to Repatriate 400,000 Refugees from Chad, Niger, Cameroon

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By Nike Lawal 

The Nigerian federal government has revealed that over 400,000 Nigerian refugees remain in Chad, Niger, and Cameroon, with efforts underway to facilitate their safe return.

Speaking at a Technical Working Group meeting in Abuja, Tijani Ahmed, Federal Commissioner of NCFRMI, stressed the need to assess past repatriation efforts and strengthen partnerships for a smoother process.

A tripartite agreement between Nigeria, Chad, and UNHCR has already enabled the return of 3,000 refugees, with more repatriations planned, especially from Cameroon.

UNHCR Deputy Representative Bernadette Muteshi reaffirmed the agency’s commitment to supporting Nigeria’s leadership in ensuring a safe and sustainable return for displaced citizens.

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FG Orders Strict Compliance with Treasury Single Account Policy

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By Adenike Lawal

The federal government has directed Federal Pay Officers (FPOs) nationwide to enforce strict adherence to the Treasury Single Account (TSA) policy by all Ministries, Departments, and Agencies (MDAs) at the state level.

During a visit to the Federal Pay Office in Benin, Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein, warned that MDAs must not bypass TSA rules or maintain unauthorized accounts with commercial banks. Any exceptions require presidential approval through the AGF.

She urged FPOs to uphold transparency, professionalism, and ethical standards in managing federal funds, adding that routine inspections will ensure compliance.

Dr. Madein also acknowledged operational challenges and announced plans to build new office structures to improve working conditions for FPO staff.

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