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Senate to probe Buhari’s N30trn Ways and Means spending
There was a mild drama on Tuesday as the Senate resolved to revisit the N30 trillion Ways and Means it approved for the Federal Government under former President Muhammadu Buhari, the details of which it said were never provided for scrutiny.
Specifically, the Red Chamber alleged that reckless spending of the overdraft collected from the Godwin Emefiele-led Central Bank of Nigeria, CBN, largely accounted for the food and security crises presently facing the country.
It consequently resolved to set up an ad hoc committee to carry out a thorough investigation on how the N30 trillion was spent by the immediate past government since details of such spending were deliberately not made available to the National Assembly.
The ad-hoc committee, which will be constituted on Wednesday, will also probe the N10 trillion expended on the Anchor Borrowers Scheme, the $2.4 billion forex transaction out of the $7 billion obligation made for that purpose, as well as other intervention programmes.
The Senate resolutions followed the consideration of the report of its joint committees on Banking, Insurance, and Other Financial Institutions; Finance; National Planning; Agriculture, and Appropriations, on the state of the economy after interactive sessions with the Federal Government economic management team.
The report consideration in plenary on Tuesday was very stormy and full of accusations and counter-accusations by senators on why and how the N22.7 trillion Ways and Means was passed by the 9th Senate in May 2023 and an additional N7.2 trillion passed on December 30, 2023, by the 10th Senate.
The Whip of the Senate, Senator Ali Ndume (APC, Borno South), in his contribution, blamed the Senate for approving the request without details from then-President Muhammadu Buhari.
“When the N22.7 trillion Ways and Means approval request was brought before the 9th Senate, I insisted that details of spendings made with it, should be provided before approval, but the Senate then, went ahead and approved it,” he said.
He, was, however, countered by the Deputy President of the Senate, Senator Jibrin Barau, who said the decision taken then, was a collective one with the caveat that the executive should provide details later, which was, however, not provided.
In his remarks, the President of the Senate, Senator Godswill Akpabio, said, as recommended by the committee and supported by most of the Senators, a thorough probe must be carried out on the N22.7 trillion Ways and Means approved in May 2023 by the 9th Senate, which later increased to N30 trillion, with the passage of the N7.2 trillion accrued interest forwarded for passage in December 2023.
“The food and security crises confronting the nation now, are traceable to the way and manner in which the said ways and means were given, collected, and spent.
“Details of such spending must be submitted for required scrutiny and possible remedies because what Nigerians want now, is food on their table, which must be given.
“Other recommendations made by the committee on the need for a thorough investigation of the N10 trillion Anchor Borrowers Programme and other intervention programmes running into billions of dollars must be investigated.
“But as rightly recommended by the joint committee, security agencies should, as a matter of national urgency, combat all forms of insecurity across the country for farmers to access their farms for required food production, which is highly needed in the country now,” Akpabio said.
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NAF receives five new helicopters to boost air operations
The Nigerian Air Force, NAF, has taken delivery of five new helicopters as the Federal Government steps up efforts to modernise the country’s airpower capabilities and strengthen military operations against security threats.
The platforms comprise three AW-109 Trekker B helicopters manufactured by Leonardo Helicopters of Italy and two H-125 helicopters manufactured by Airbus Helicopters.
In a statement issued on Tuesday by Air Commodore Ehimen Ejodame, Director of Public Relations and Information, Nigerian Air Force Headquarters, the NAF said the three AW-109s, which are part of 10 recently acquired by the Federal Government, were received in Lagos on September 15, 2026, while the remaining seven are expected to be delivered before the end of the year. The two H-125 helicopters had been delivered earlier.
The Chief of the Air Staff, Air Marshal Sunday Kelvin Aneke, said the new helicopters would increase aircraft availability and improve the NAF’s ability to support ongoing military operations.
“The arrival of these five helicopters provides greater flexibility in the employment of airpower in support of ground troops in ongoing operations,” Aneke said.
He said the AW-109 Trekker B helicopters would enhance the NAF’s capabilities in intelligence, surveillance and reconnaissance, close air support, armed escort, combat search and rescue, and other joint operations.
Aneke added that the H-125 helicopters would provide light helicopter support for various operational requirements.
The new platforms are undergoing post-delivery assembly and technical and crew-readiness processes ahead of their induction and operationalisation.
Aneke said the increased rotary-wing capacity would strengthen support for joint forces conducting operations against terrorism, kidnapping and banditry.
He said the NAF would also prioritise maintenance and logistics support to ensure the new aircraft remain available for operations.
News
2027: Akiolu Endorses Tinubu 2nd Term Bid, Declares No Vacancy in Aso Rock
The Oba of Lagos, Rilwan Akiolu, has endorsed President Bola Ahmed Tinubu’s bid for a second term in office, declaring that there will be “no vacancy” in the Presidential Villa, Abuja for the next four or five years.
Oba Akiolu gave the support when the Director-General of the All Progressives Congress (APC) Presidential Campaign Council, Senator Abdulaziz Yari, led members of the council on a courtesy visit to his palace in Lagos on Monday.
The monarch urged politicians to approach the 2027 General Elections with responsibility and ensure that the electoral process is peaceful and serves the interests of Nigerians.
Oba Akiolu cautioned members of the campaign council against actions capable of undermining the peace and stability of the country, even as he urged them to uphold honesty and shun the Machiavellian principle that the end justifies the means.
Speaking, the Director-General of the Campaign Council, Yari, said the delegation was in Lagos to seek the monarch’s blessings, prayers and counsel as the council begins its nationwide campaign activities ahead of the 2027 polls.
Yari said the APC believed President Tinubu deserved a second term to consolidate his administration’s efforts in the areas of the economy, security and infrastructure.
The Campaign D-G, while acknowledging the economic difficulties facing Nigerians, appealed for continued support for the president, saying APC leaders from the North would work to secure strong backing for Tinubu’s re-election across the region.
Receiving the delegation, Lagos State Governor, Mr. Babajide Sanwo-Olu, described the visit as significant, noting that the council had made the Oba’s palace one of its early stops following its engagement with the Sokoto Caliphate.
Governor Sanwo-Olu said the visit underscored Lagos’ strategic importance to Nigeria’s political process, describing the state as the country’s commercial and economic nerve centre as well as a major political hub.
The visit was attended by Lagos APC leaders, local government chairmen, members of the National Assembly, state lawmakers and other party stakeholders.
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Former FIRS Chairman, Mani, Picks PDP Guber Ticket in Niger
Former Chairman of the Federal Inland Revenue Service (FIRS) Alhaji Mohammed Mani, has been endorsed as the governorship candidate of the Peoples Democratic Party PDP in Niger state
Alhaji Mani replaces Abubakar Sulaiman, who was elected at the PDP primary last May.
Sulaiman voluntarily withdrawn from the position in the interest of the peace unity and progress of the party.
The endorsement of the former FIRS boss for the governorship contest was made by PDP stakeholders from across the state at the state party secretariat.
Addressing the stakeholders, Alhaji Mani promised to deliver the state to the PDP in next year’s election and solicited the support of party faithful for the realisation of the objective.
The new PDP candidate had earlier contested for the governorship ticket of the All Progressives Congress(APC) which Governor Mohammed Umaru Bago got by “ consensus.”
He was among the APC aspirants who lost in the primary election and recently defected to the PDP.
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