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Breaking: Atiku Reveals Fresh Scandal in Tinubu’s Administration

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Presidential candidate of the African Democratic Congress ADC, Atiku Abubakar, has demanded that the National Assembly (NASS) immediately conduct a comprehensive forensic review of the 2026 Appropriation Act, following revelations of over ₦210 billion in overlapping and duplicated allocations in the budget.

In a statement by his Senior Special Assistant on Public Communication, Phrank Shaibu, Atiku said the revelation, coming alongside Nigeria’s poor showing on nearly 90 percent of globally recognised prosperity indicators, exposes the Tinubu administration as one of the most fiscally reckless governments in Nigeria’s democratic history.

“For more than three years, Nigerians have been subjected to relentless hardship. They were told that fuel subsidy removal, exchange rate unification, higher taxes and rising tariffs were bitter pills that would eventually restore economic stability. Yet today, the same government cannot explain how more than ₦210 billion found its way into duplicated and overlapping budget provisions,” he said.

He linked the finding to what he called a growing pattern of questionable budget practices, citing allocations for projects outside agencies’ statutory mandates and insertions running into billions of naira.

The former vice president also cited the Nigerian National Petroleum Corporation NNPC Limited’s audited 2024 financial statements, which he said showed ₦7.13 trillion spent on “Energy Security Expenses” — what NNPC itself identifies as petrol subsidy — despite claims that subsidy had been removed in 2023.

Atiku argued that this fiscal indiscipline is reflected in declining living standards, noting that families are skipping meals, small businesses are shutting down, and graduates cannot find jobs, even as government celebrates selective economic indicators.

He also urged the Auditor-General of the Federation, anti-corruption agencies and civil society organisations to independently scrutinise the budget, identify officials responsible for the duplicated allocations, and ensure all improperly appropriated funds are recovered.

Atiku pledged that an ADC administration would restore credibility to public finance through transparent budgeting, zero-based expenditure planning, digital public expenditure tracking and strict personal accountability for public officers.

“When the owner of the barn invites goats to keep watch over his harvest, he should not be surprised when hunger follows abundance. Nigeria deserves custodians of her commonwealth, not Bourdillon caretakers of waste,” he added.

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Marketers Slash Cooking Gas Prices, Release New Rates Nationwide

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Liquefied Petroleum Gas (LPG) marketers have slashed depot prices, offering distributors lower wholesale rates and raising expectations that cooking gas refill costs could ease for Nigerian consumers in the weeks ahead.

Fresh market data showed that PPMC recorded the sharpest reduction, cutting its depot price to N1,010/kg, a 0.69%.

Rainoil Lagos followed with reduction, bringing its depot price down to N1,030/kg. NIPCO Lagos held its rate steady at N1,025/kg, data from petroluemprice.ng show.

The only marketer to move in the opposite direction was Matrix Warri, which is N1,100/kg.

The new cooking gas depot prices are:

PPMC: N1,010/kg

NIPCO Lagos: N1,025/kg

Rainoil Lagos: N1,030/kg

Matrix Warri: N1,100/k

Industry sources attributed the downward movement to greater competition among suppliers and improved product availability at the wholesale level.

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JUST IN: PenCom DG Reveals New Pension Payment for Retirees After Tinubu’s Reform

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The Director-General of the National Pension Commission (PenCom), Omolola Oloworaran, has explained how a retired factory worker’s monthly pension increased from N18,000 to N206,000 after the Federal Government carried out pension reforms under President Bola Tinubu’s administration.

The PenCom boss shared the story while speaking on the impact of the reforms, saying the increase reflects the government’s commitment to improving the welfare of retirees.

She said the retiree received a pension alert earlier in the day showing the increased payment.

“Early this morning, somewhere in Nigeria, a retired factory worker checked the alert on his phone. For 21 years, that alert read ₦18,000. This month, as in every single month now, it reads N206,000,” she said.

Oloworaran said the increase was not a gift but the result of the government’s decision to meet its obligations to retired workers.

“He did not win a lottery. He was not given anything he had not already earned. What changed was simple. His country decided to keep its promise,” she added.

According to Oloworaran, the improvement is not limited to one person, as hundreds of thousands of pensioners across the country are benefiting from the reforms.

She credited the progress to President Bola Tinubu’s commitment to workers and vulnerable Nigerians, saying the administration has focused on policies that improve the welfare of retirees.

“Work has been made easy because we have a president that is passionate about the Nigerian people, passionate about vulnerable Nigerians, and doing everything in its power to make sure that it puts more money in the hands of the average Nigerian,” she said.

The PenCom Director-General added that the administration’s record on pension welfare over the past two years reflects the impact of the reforms.

She said, “Today, standing before you with 24 months of evidence, I can say that that case is no longer emerging. It is on the record. Because history is rarely defined by one decision. It is defined by a pattern of decisions.”

FULL DETAILS HERE

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67 States: New Nigeria’s Map with Proposed 31 New States

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Nigerians have continued to react to the proposal for the creation of 31 more states in Nigeria received at the House of Representatives

The House of Representatives Committee on Constitutional Review during plenary on Thursday, February 6, disclosed that it has received proposals for the creation of 31 new states

However, Kayode Okikiolu, a veteran journalist, shared how Nigeria’s map would look should the proposal scale through the National Assembly.

Reactions have continued to trail the proposed 31 additional new states at the House of Representatives. This is Kayode Okikiolu, a journalist, who shared a video of how Nigeria’s map would look should the proposal scale through.

The journalist maintained that the proposed new states are proposals and proposals do not become law automatically. He added that there is a tedious process for a proposal to become a law, adding that it would require the approval of two-thirds of the house for it to scale through.

Okikiolu recalled that the last time states were created was in 1996, which was during the regime of the former military head of state, the late General Sani Abacha.

The House of Representatives Committee on Constitutional Review during plenary on Thursday, February 6, disclosed that it has received proposals for the creation of 31 new states in the country.

Benjamin Kalu, the deputy speaker of the chamber, during the plenary session, disclosed the development, while reading the letter of the committee which contained the proposed states.

Nigeria is expected to move from 36 states to 67 if the proposal for the state creation is approved.

However, the proposal has been condemned by Rotimi Sulyman, stating that it was not the next thing for Nigeria as he advocated for true federalism. Rotimi made the comment in an exclusive interview with legit.ng. He said:

“I don’t think the idea serves any productive purpose. To what end would the creation of more 31 states be, when the existing 36 states are mostly not viable and live on handouts from the federal government?

” I think if we are serious, we should be talking of true federalism to the letter, which would entail every part of the country harnessing its resources for economic and national developments.”

Nigerians react as new map emerged
However, Kayode’s tweet has started generating reactions from Nigerians. Below are some of their comments:

Monarch wrote: “The northern states which are all ridiculously large are barely touched. Just want to further breakup the south.”

Chudi Nduka commented: “What would be interesting is a presentation of a proposal to cut down political office holdings, a reduction of 109 senators to 36/37 senators (1 per state). 360 HORep to 109 HOR (3 per state).”

Xplorer reacted: “I think giving power to local government is better than creating another 36 States.”

Olamiposi commended the journalist: “The moment I saw those animals, I knew Kayode would do or say something to make them part of the video. Weldone Baba n’la.

Mr Abu Nana demanded for 776 states: “Personally I prefer 776 states.”

 

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