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Tinubu Government To Investigate NNPC Under Buhari As Audit Reveals ₦3.3 Trillion Subsidy Inflation 

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Tinubu Government To Investigate NNPC Under Buhari As Audit Reveals ₦3.3 Trillion Subsidy Inflation A forensic audit by renowned global accounting firm KPMG has uncovered significant discrepancies in the fuel subsidy claims made by the Nigerian National Petroleum Company Limited (NNPCL). According to iWitnessLive, the audit revealed that NNPCL inflated its subsidy claims by ₦3.3 trillion.

Initially, NNPCL reported spending ₦6 trillion on fuel subsidies, a substantial portion of which was covered by the government during former President Muhammadu Buhari’s administration. Following President Bola Tinubu’s announcement of subsidy removal, NNPCL’s Group CEO, Mele Kyari, stated that the federal government still owed the company ₦2.8 trillion for petrol subsidy payments.....KINDLY READ THE FULL STORY HERE▶

As per the May 2024 report, no reimbursement has been made to NNPCL for this amount. “Since the provision of the ₦6tn in 2022, and ₦3.7tn in 2023, we have not received any payment whatsoever from the Federation. That means they (the Federal Government) are unable to pay and we’ve continued to support this subsidy from the cash flow of the NNPC. We are waiting for them to settle up to ₦2.8tn of NNPC’s cash flow from the subsidy regime and we can’t continue to build this,” Kyari said.

KPMG’s reconciliation reduced the subsidy claims to ₦2.7 trillion, prompting the Nigerian Government to initiate a fresh audit of NNPC Limited’s ₦2.8 trillion subsidy claim. The new audit will cover the period from 2015 to 2021 to verify the authenticity of NNPC’s claims.

The Office of the Auditor-General for the Federation (OAuGF) will lead the audit, with the potential involvement of an external firm for additional support. This decision was made during a Federal Account Allocation Committee (FAAC) session in March 2024, where the need for an impartial audit to avoid conflicts of interest was discussed.

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, emphasized President Tinubu’s dedication to the forensic audit, which was initiated following KPMG’s findings. The initial audit has underscored the necessity for a deeper investigation into the subsidy claims made by NNPC.

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‘Not In This Life Or The Next’ – Nkechi Blessing Rules Out Reconciliation With Ex-Husband

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Nollywood actress Nkechi Blessing Sunday has dismissed reports suggesting that she has rekindled her relationship with her former partner, Opeyemi Falegan.....KINDLY READ THE FULL STORY HERE▶

News reports that the actress clarified that she had only forgiven Falegan and agreed to settle their differences following years of public disagreements.

Nkechi made the clarification in a series of posts shared on her Instagram page.

In one of the posts, the actress stressed that she was not back with any of her former partners and urged the public to stop spreading claims of a possible reunion.

She explained that Falegan had been making efforts to resolve their differences since January 2026. However, she insisted that he must publicly apologise for his previous remarks before she would consider making peace with him.

According to her, Falegan eventually fulfilled her request, while she also offered him an apology.

In her statement, Nkechi wrote:

“For the very last time and for those that cares to listen, I DR. Nkechi Blessing Sunday is not back with any of my Ex’s both past, present and future ex… Let it be known 📌

“To Whom it May concern… I don tire to explain myself, like we are supposed to remain enemies for life? This man have been trying to make peace since January this year and I said to him you must go back to that same online and apologize before I hear anything. He did exactly what I asked. I also apologized to him and everybody bear their father name, nothing like coming back together, not in this life or the next life.. KALLAS!!!!!

“FORGIVENESS DOES NOT MEAN RECONCILIATION!!! I have come to understand that growth is not just about moving forward, but also about making peace with the things that once broke you. Five years ago, a lot was said, a lot happened, and emotions were displayed publicly. But five years is a long time to carry hurt, anger, or resentment.

“Today, I choose peace. I choose forgiveness. I choose to let go of everything that no longer deserves space in my heart. However, I want to make something very clear: Making peace with someone from my past does not mean I want that person back in my present.

“Forgiveness is not a relationship announcement. Being cordial does not mean rekindling old flames. And letting go of bitterness does not mean reopening doors that life has already taught me to close. Some chapters are better left closed, not because there is hatred, but because there is growth.

“I can genuinely wish someone well without wanting to share my life with them again…. So please, let’s not mistake maturity for romance or peace for a reunion….. No bad blood, no bitterness, no going backwards. Just two adults choosing peace after years of unnecessary negativity.

“I have forgiven, I have healed, and most importantly, I HAVE MOVED ON 😊🤝❤️Some people belong in your memories, not your future. And that’s perfectly okay….”

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Humans Will Always Be Who They Are’ – Moyo Lawal Breaks Silence On Her Love Life.

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Nollywood actress Moyo Lawal has opened up about her romantic life, disclosing that she has never experienced a situation where the affection she gives to a partner is not reciprocated.....KINDLY READ THE FULL STORY HERE▶

News reports that the actress made the revelation during an interview with GoldMyneTV.

During the conversation, Lawal admitted that she might not be the best person to offer relationship advice because of her intense approach to love and romantic relationships.

According to the actress, whenever she develops feelings for someone, she commits wholeheartedly and gives the relationship her full affection.

She also suggested that married people might be better suited to offering relationship advice because of their experiences and understanding of marriage.

Lawal said:

“I feel like I can’t give relationship advice because I love deep. I love too much. I love with all my heart.

“I don’t think I’ve ever had that. The love always comes back really strong. It’s just that human beings will be who they are.”

In a related development, the actress disclosed in a 2022 interview why she had yet to get married.

She explained that financial stability and the ability to provide for a family were among the factors influencing her decision to remain unmarried.

Lawal also noted that her acting career did not provide a consistent income that would enable her to comfortably plan for marriage and raise children.

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You Forgot What You Did Because You Want Power – Wike Makes Fresh Allegation Against Amaechi

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The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has accused the African Democratic Congress (ADC) vice-presidential candidate, Rotimi Amaechi, of denying the founder of Salvation Ministries, Pastor David Ibiyeomie, approval to construct the ‘Hand of God’ Cathedral in Rivers State.....KINDLY READ THE FULL STORY HERE▶

News reports that Wike made the allegation while addressing a town hall meeting, in a video that has since circulated online.

According to the minister, Ibiyeomie had sought approval to build the cathedral when Amaechi was governor of Rivers State but was allegedly denied permission.

Wike questioned Amaechi’s decision to attend services at the same church, suggesting that his recent visit was politically motivated.

The FCT minister also accused the former governor of refusing to grant the founder of Omega Power Ministries (OPM), Apostle Chibuzor Chinyere, approval to construct a church. He claimed that he granted the approval after taking over as governor, enabling the cleric to proceed with the project.

Wike said:

“There is this leading pastor, one of our respected pastors in this country, who is from my place and doing very well.

“When he was to build that church (Hand of God Cathedral), the ADC vice-presidential candidate was the Rivers State Governor. He refused to give approval to the pastor.

“Somebody else gave approval, and now the church is going on. Yesterday, I saw the vice-presidential candidate going to that same church to worship.

“Because he wants power now, he forgets what he did. There is another one, the OPM Ministry. He refused to give the OPM pastor approval, but when I came, I gave the man approval, and the man built the church. I heard the vice-presidential candidate wants to go and worship there too.

“Why do you like to fake things, telling people lies? I will not do so.”

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