latest
Reps Clash In Turbulent Session Over ₦16 Trillion CBN Revenue Gap.
A heated debate broke out on the floor of the House of Representatives on Wednesday over a motion examining the alleged non-remittance of ₦5.2 trillion in operating surpluses and ₦11 trillion in revenue discrepancies by the Central Bank of Nigeria (CBN) between 2016 and 2022.....KINDLY READ THE FULL STORY HERE▶
The motion, presented by Public Accounts Committee (PAC) Chairman Bamidele Salam, was prompted by findings in the 2022 Auditor-General’s Report and an ongoing PAC investigation into government revenues processed through the Remita platform.
According to the committee, the CBN has yet to remit ₦5.2 trillion in operating surpluses owed to the Federal Government over six years. The PAC also highlighted other inconsistencies, including ₦954 million in unrefunded Remita transaction charges, an ₦11 billion gap between CBN-reported collections and PAC calculations, ₦3.28 billion with interest applied at the Monetary Policy Rate of 27.25%, and a ₦19.8 billion variance in figures provided by the apex bank.
Tempers rose when Rep. Ghali Mustapha Tijanni of Kano proposed transferring the investigation to an ad hoc committee instead of PAC. His suggestion triggered strong opposition, resulting in loud protests and disorder in the chamber. Some lawmakers insisted that PAC should retain oversight, with Rep. Ahmed Jaha (Chibok/Damboa/Gwoza) tabling an amendment requiring the CBN Governor and relevant officials to appear before the committee.
Speaker Tajudeen Abbas struggled to restore order, criticizing lawmakers for unruly conduct. He specifically warned Hon. Mark Esset and Hon. Kabir Maipalas, threatening disciplinary action. “If you do not stop this behaviour, we will take you to ethics. I do not want to set an example in this House, but you are forcing me to,” he said.
Following repeated attempts to conduct a vote, the motion and amendment were adopted, with loud “aye” votes prevailing. The House has now summoned the CBN Governor and officials involved in Remita revenue management to appear before PAC. The committee will investigate alleged non-remittance and revenue discrepancies from 2015 to 2022, ensuring compliance with the Fiscal Responsibility Act, the CBN Act, and other financial regulations.
Social media personality and Oyo-based herbal vendor, Eniola Fagbemi, widely known as Sisi Alagbo, has issued a public apology following the circulation of a private video online.....KINDLY READ THE FULL STORY HERE▶
News reports that she reacted to the incident in a Facebook post on Wednesday, where she admitted responsibility and expressed regret over the controversy.
Sisi Alagbo said she was deeply sorry to anyone who felt hurt or disappointed by the video.
In her words, “I own my mistakes, and I apologise with all sincerity for the video circulating online. I am deeply sorry to everyone who felt disappointed in me.”
She also disclosed that the backlash has had a serious impact on her emotional health, saying she has been unable to eat or sleep properly since the video went viral.
“I am already passing through a lot. I can’t eat or sleep for days. Even sleeping medicines aren’t working for me any longer,” she said.
Appealing for forgiveness and understanding, she added, “Please forgive me. I don’t want to injure myself. I only have a little strength left.”
The incident adds to a growing trend of leaked private videos involving public figures in Nigeria, with personalities such as Tiwa Savage and Moyo Lawal previously facing similar situations.
The National Coordinator of the Obidient Movement Worldwide, Yunusa Tanko, alongside the National Publicity Secretary of the Obi–Kwankwaso Movement, Justin Ijeh, has called for adherence to Nigeria’s informal zoning practice, saying it promotes fairness, equity, and national stability.....KINDLY READ THE FULL STORY HERE▶
Speaking in an interview with Punch, Tanko maintained that the idea of a southern presidential ticket is based on fairness and political balance, noting that the current presidency is already held by the South.
He explained that Peter Obi had aligned with this position by agreeing to serve only one term of four years if elected.
Tanko said: “Yes, we are concerned about zoning. That was why we’ve been asking the ADC to zone the presidency to the southern part of this country, considering the simple fact that the Presidency has been zoned to the South.
“As you speak right now, what we have is a southern presidency. So, once you have a southern president, it simply means that even if there is going to be a replacement for the existing president, it should come from the South for them to complete their tenure.
“I think it is only fair to do that. And that was why Mr Peter Obi has also agreed that he’s going to do only four years.”
Tanko further expressed optimism that Obi would emerge as the consensus candidate of the opposition if a unified arrangement is reached, adding that his popularity—especially among young Nigerians—remains strong.
He said Obi enjoys massive public support across the country, describing moments of public reception during recent travels as overwhelming and emotional.
According to him, “That is because he’s the most popular candidate in the country at the moment… especially among the youth. Anywhere he goes, he is adored.”
Tanko added that large crowds and emotional displays of support reflect the level of trust Nigerians have in Obi’s leadership potential.
Similarly, Justin Ijeh noted that while zoning is not provided for in the constitution, it has become a political tradition that helps maintain inclusiveness in Nigeria’s diverse society.
He argued that, in the current political climate, it would be appropriate for the presidency to remain in the South in line with existing convention, warning that deviating from it could create avoidable political tension.
Ijeh said zoning, though informal, remains a stabilising mechanism that helps balance representation in the country’s power structure.
The Ugandan government has detained 62 Nigerian nationals over allegations of illegally running a church in the country.....KINDLY READ THE FULL STORY HERE▶
The development was confirmed in a statement posted on the government’s account on Wednesday. According to the Ugandan National Citizenship and Immigration Control (NCIC), the suspects were also found to be living and working in the country without valid permits. The agency said the arrests followed an intelligence tip-off indicating that the individuals were operating unlawfully without the necessary documentation. “Following a tip-off, our enforcement team has arrested 62 Nigerian nationals operating illegally in Adjumani (without work permits). The group, primarily found operating a church among other things, is now being processed for prosecution under Uganda’s immigration laws,” the statement read. The spokesperson for Uganda’s Ministry of Internal Affairs, Simon Peter Mundeyi, said the suspects often present themselves as gospel preachers while allegedly engaging in other unlawful activities. He added that they are currently being held at the ministry’s Namanve facility, where they are undergoing legal processing that could lead to deportation, fines, or blacklisting. “They often pose as gospel preachers while engaging in other irregular activities. Acting on intelligence, we moved in and apprehended them,” Mundeyi said. He further disclosed that preliminary investigations showed conflicting accounts from the suspects, with some claiming they were deceived into coming to Uganda with fake job offers, while others are being investigated over alleged involvement in cyber-related fraud and other offences.
-
latest8 months ago“Social Media Erupts As Jim Iyke Declares Rita Dominic Nollywood’s Most Beautiful”
-
latest2 years agoEdo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
entertainment2 years agoLove Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
latest2 years agoOlumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
Politics2 years agoNigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest2 years agoFG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
Politics2 years agoBREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges
-
latest2 years ago5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp