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Beam searchlights on FG over $3.4b COVID 19 loan, subsidy savings, CSOs Charges NASS
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The National Assembly has been charged to probe the $3.4billion loan collected by the Federal Government from the International Monetary Fund (IMF), in April 2020 without proof of expenditure on anything, Coalition of Civil Society Organisations (CSOs) has charged
They also faulted unending requests for loans by the Federal Government and expeditious approvals given by the National Assembly with little or nothing to point at, as what the loans were used for.
They added that, savings made by the government from fuel subsidy removal from May last year till date, have not been accounted for by the government as Nigerians are watching and suffering .
The Nine CSOs led by the Executive Director of Civil Society Legislative Advocacy Centre (CISLAC), Auwal Musa Rafsanjani, at a media briefing, alleged that the incessant loan collections by the FG, made the debt profile of the country to hit N87.9tr mark which is equivalent to $114.3b
“The escalating debt burden has profound implications for the well – being of Nigerian citizens , and failure to act quickly could result in an additional 23million Nigerians living in poverty and 80milliion working – age citizens without a full time job by 2030.
“These concerning trends underscore the need for the National Assembly to urgently do the needful by among others, investigate the movement and spending of loans received by the Federal Government in the past and present administrations , including but not limited to the $3.4billion loan obtained from IMF as reported in the 2020 annual audited report published by the Auditor – General of the Federation .
“Stopping borrowing for recurrent expenditure ( personnel and overheads ) and dilatory capital expenditure that adds no value to economic growth, wealth creation and development.
‘Demanding accountability for petrol subsidy savings and sincerity of purpose in fulfilling the government ‘s ‘ promises of renewed hope ‘ to the millions of Nigerians who no longer have belts to tighten”.
Other CSOs represented at the media briefing by their Executive Directors, were Centre for Democracy and Development, International Budget Partnership, Paradigm Leadership Support Initiative, Oxfam, Social Action, Christian Aid, Action Aid.
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‘Not same Abu-Bilal Al-Minuki killed in 2024’ – DHQ clarifies identity of dead ISWAP commander
The Defence Headquarters has clarified the recent public discussions surrounding the neutralisation of a prominent terrorist commander, Abu-Bilal Al-Minuki.
A collaborative operation with the United States Africa Command on May 16, 2026, led to the killing of Bilal Al-Minuki.
Following the development, certain media outlets referenced a similar operation from 2024, which involved the elimination of a terrorist commander with the same name.
This has understandably raised questions regarding the identity of the individual who was recently neutralised.
In a statement signed by Somalia Uba, Director of Defence Information, the DHQ said: “It is crucial to note that in the North East region and throughout the Lake Chad Basin, the use of similar or identical names, aliases and nom de guerres is prevalent among ISWAP and Boko Haram terrorists.
“This practice is a deliberate part of their indoctrination strategy, aimed at obscuring identities. This fact has been corroborated over the years during counter-terrorism operations in Northeast Nigeria.
“The Abu-Bilal Al-Minuki who was eliminated on May 16, 2026, has been positively identified through human intelligence and technical surveillance as a senior global operative within the Islamic State network, possessing direct connections to international terrorist coordination, funding and operations across the Sahel. Thus, there is no ambiguity regarding his identity.”
The statement added that the strike represents a significant achievement in the country’s counter-terrorism initiatives.
It said the Armed Forces of Nigeria, in collaboration with the United States, remain dedicated to dismantling terrorist networks and will continue to disseminate verified information through official channels.
It called on the general public and the media to rely solely on authorised sources to prevent confusion arising from coincidental name similarities.
News
Aiyedatiwa’s preferred aspirants disqualified from APC Reps primaries in Ondo
Three aspirants of the All Progressives Congress, APC, who were anointed as consensus candidates by Governor Lucky Aiyedatiwa of Ondo State for House of Representatives seats have been disqualified by the party.
The three aspirants endorsed by Aiyedatiwa, who have been screened out, were identified as Tajudeen Adefisoye (Idanre/Ifedore federal constituency), Victor Ategbole (Akoko South-East/South-West federal constituency) and Samuel Arowele (Owo/Ose federal constituency).
Others not cleared along with the governor’s preferred aspirants are Seun Ajongbolo (Akoko South-East/South-West federal constituency), Morufu Ibrahim, Oyeniyi Oseni ((Akoko North-East/North-West) and Olaleye Adedipe (Akoko North-East/North-West).
With the reasons for the disqualification of the aspirants not revealed in a statement issued on Saturday by the National Publicity Secretary of the party, Felix Morka, some aspirants in the state have kicked and condemned the endorsement of the anointed aspirants.
Meanwhile, there was large turnout of APC members on Saturday during the direct primaries conducted across the 203 wards of the state.
In Akur metropolis, party members arrived at the designated wards in their numbers around 8:00 am with the officials of the party doing a headcount of everyone.
At Wards 4, 5, and 8, members of the party were seen queuing behind the poster of the aspirants they are supporting.
Meanwhile, there was an uproar in some of the wards as party faithful lamented that electoral officials were not on the ground to take record of the exercise.
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Six suspected ISWAP bomb makers killed in premature IED explosion in Borno
Six suspected Islamic State West Africa Province members, including a bomb expert, were killed early Friday when an improvised explosive device detonated prematurely in Marte Local Government Area.
Security sources told Zagazola Makama that the blast occurred around 7:00 a.m. on May 16, 2026, at Jubilaram while the group was assembling the device. The team was led by Abu Umar, identified as a bomb expert, who died in the explosion along with five other militants. Three others were reportedly injured.
Intelligence assessments say the deceased were part of ISWAP’s IED cell operating along the Marte–Kerenoa–Wulgo axis in the Lake Chad Basin. The explosion destroyed the site, located between Arinna Maimasallaci and Arinna Ciki, and is expected to temporarily disrupt the group’s bomb-making operations in the area.
Military sources said the incident could weaken ISWAP’s capability along key routes in the Marte axis. Authorities are considering follow-up air and ground operations to exploit the disruption.
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