Search Results for "Public Funds"
64 results found
SERAP asks Akpabio, Abbas to explain ₦1.3bn allocation to 'fictitious presidential council

…process, the lawful establishment and funding of public institutions, the expenditure of public funds, and the effectiveness of legislative oversight." "The National Assembly has a clear obligation to disclose the requested information, particularly where there are credible allegations of governmental impropriety and p…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 26 views
Beyond akara leadership

…by anyone, and she has no executive authority to appropriate, disburse, or administer public funds. She has neither location nor voice in the law. What this means is that when Mrs Tinubu ventures outside the private quarters of Aso Rock and speaks about funds she has "provided," she must choose the words that follow ve…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 24 views
Atiku alleges ₦8.8tn off-budget spending, demands probe of Tinubu administration

…fuel subsidy removal, exchange rate adjustments and high interest rates, significant public funds were allegedly being spent outside official budgetary processes. The former vice president maintained that greater fiscal transparency could have provided resources to stimulate economic growth, support businesses, create…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 31 views
PFICP Scandal: 'FG has questions to answer' -Falana, Atiku, NDC, others demand probe

…of the Federation and the Central Bank of Nigeria be investigated to determine how public funds could allegedly be drawn or expended by a fictitious organisation using allegedly forged documents. The party finally listed relevant oversight committees of the National Assembly, including the Senate and House Appropriatio…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 21 views
How 'Yahoo boys' wiped N7.2m from judge's bank account, EFCC chairman reveals

…tasked the EFCC and other related agencies to work harder to ensure the repatriation of public funds that were looted and stashed abroad. “We have billions abroad. This generation would have failed if we do not bring back that money. That is what we must do now,” Agabi, SAN, insisted. He extolled Justice Omolaye-Ajiley…

Crime by nigerianewsfeed · 2 mons ago · 0 comments · 27 views
Over 100 prosecuted for occupying Lagos road medians in one year - Commissioner

…with traders had failed to produce lasting results. "This is a major highway built with public funds. For years, we have repeatedly engaged those occupying the median and consistently pushed them back from the Okokomaiko end to Orile. Enough is enough. We are determined to permanently clear this corridor and ensure tha…

Politics by nigerianewsfeed · 2 mons ago · 0 comments · 24 views
CBN revokes licences of 46 microfinance banks over regulatory breaches

…to publish their annual financial reports, arguing that institutions entrusted with public funds should be subject to greater transparency.

Business by nigerianewsfeed · 2 mons ago · 0 comments · 28 views
SERAP to Akpabio, Abbas: "Refund N110bn spent on luxury cars and unlawful allowances now

…court finds evidence of self-dealing, conflict of interest, and unlawful expenditure of public funds, public institutions are under a constitutional obligation to remedy the resulting harm." "The constitutional principles of legality, accountability, and good governance bind all organs of government and public official…

Romance by nigerianewsfeedofficial · 2 mons ago · 0 comments · 32 views
Ortom rejects Benue govt probe report, labels inquiry 'political witch-hunt

…recommendations would strengthen institutions, discourage the mismanagement of public funds and ensure accountability. However, Ortom maintained that the legitimacy of the probe remains the subject of ongoing litigation. According to his statement, earlier panels established by the Alia administration to investigate hi…

Politics by nigerianewsfeedofficial · 2 mons ago · 0 comments · 28 views
FG approves N21.2m outbreak response funds for each state

…strengthen outbreak preparedness and response capacities, it is equally important that public funds are managed responsibly and accounted for in line with established regulations," Pate said. He added that the approval underscored the government's commitment to strengthening health security while ensuring prudent manag…

Entertainment by nigerianewsfeedofficial · 2 mons ago · 0 comments · 26 views
Rivers govt assures support as RMAFC begins fiscal data verification exercise

…with relevant stakeholders and verification of information on the utilisation of public funds allocated to local governments and other tiers of government across the state. Among the members of the delegation is the Rivers State representative on the Commission, Ambassador Desmond Akawor. RMAFC is the federal agency re…

Business by nigerianewsfeedofficial · 2 mons ago · 0 comments · 19 views
N139.8bn probe by Alia's govt, political witch-hunt - Ortom

…without adequate documentation. The commission also reported irregular transfers of public funds to certain financial institutions, noting that some transactions lacked sufficient records to establish their legitimacy. Governor Alia had in 2024 established two separate panels to investigate the administration of his pr…

Politics by nigerianewsfeedofficial · 2 mons ago · 0 comments · 13 views
Osun APC calls on EFCC to freeze alleged N13.7bn ghost workers accounts

…urged anti-corruption agencies to act swiftly to prevent the alleged diversion of public funds, insisting that the money could be used for political activities ahead of the August 15, 2026 governorship election in Osun State. It also expressed concern over what it described as the continued silence of relevant anti-cor…

Politics by nigerianewsfeedofficial · 2 mons ago · 0 comments · 24 views
Benue probe uncovers N139.8bn missing funds, recommends recovery

…to the commission chairman, investigators further traced irregular transfers of public funds to certain financial institutions where documentation and proof of legitimacy were either insufficient or unavailable. He said the commission advised that appropriate recoveries be pursued where necessary. Idrisu emphasised the…

Entertainment by nigerianewsfeedofficial · 2 mons ago · 0 comments · 18 views
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