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Reps Probe MOFI For Unauthorised Expenditure

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By Gloria Ikibah 
 
The House of Representatives has quizzed the Ministry of Finance Incorporated (MOFI) for using money from the budget for its operation without authorization.
 
Chairman House Committee on Public Assets, Rep. Ademorin Kuye, expressed displeasure as the Managing Director, Dr Armstrong Takang, failed to appeared before it to give account of their activities.
 
The Committee was not satisfied on the efforts to shore up the revenue of government as MOFI failed to live up to expectations.
 
The lawmakers criticized the agency for reckless expenditure without improving government revenue.
 
Takang had in his presentation told the Committee they took money from the budget.
 
The Chairman queried, “In your report we would like you to refer us to the section of the law where you are permitted to take money from the budget. How you have been getting funded since you came into office?”
 
Rep. Kuye said the agency wasted the Commitee’s time as it did not provide any answer to its questions.
 
In his ruling, he directed that the various documents from the agency on the assets it was managing be submitted within seven days.
 
His words, “This is an agency we had high hopes of. What we request of you now is this classes of assets, including shares of publicly traded entities, limited liability entities and foreign based and other businesses. A list of these assets home and abroad. Improvements that you have made thereupon and how it has helped the GDP.
 
“Another class is assets is the financial assets, which includes public and private equities investments, fixed income and hedge funds, the fixed assets includes the real estates. We need you to give us a list of those estates.
 
“We would like to have the value of each if these real assets, revenue made through them for the past ten years and the contributions they have made to the GDP.
 
“Another class is the cash flow generating transactions such as the concession agreement and the public private partnerships. We want a list of those concessions under your care and tell us the revenue with evidence from such concessions.
 
“The last class of assets are the minerals and the intangible assets, which includes the hydrocarbon. We want to know the extent of your investments in them and what has come to Nigeria as a result of those investments.
 
“According to the record that you furnished us with you said 80 percent of whatever you get are put into new investments fund and then you put them into identified sectors including manufacturing, digital services and agriculture. 
 
“We want you to furnish the committee is real time what the specific amount and where did it go? Whether it was into manufacturing or into digital services or into agriculture.
 
“According to you, you have a list of of 52 companies in your portfolio, with an estimated 18 trillion naira value. and over 15, 000 employees according to your records which make you a major driver of our economy.
 
“We want a list of those companies, your employees and how much you have recouped for Nigeria from such investments.
 
“Since inception and since your appointment, we want to know how many titled documents you have been able to obtain for our assets and how many you have been able to protect from further encroachment.
 
“You said part of your of your mission is to invest with intent of preserving your socioeconomic value through catalysing growth. In your report we would like you to refer us to the section of the law where you are permitted to take money from the budget. How you have been getting funded since you came into office
 
“Lastly we would like to know how much has been voted for MOFI in the last five years and for what purpose you spent those money. You wasted the time of Nigerians
 
“We would give MOFI seven days to furnish the committee with those documents after which we would fix another date for hearing because so far MOFI has just wasted our whole time for today. MOFI has just wasted the time of Nigerians, taxpayers money and time today and we must not allow that to happen again”, the chairman stated.
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Association of Medical, Dental Academics in Nigeria gives FG three week ultimatum or face strike

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The Nigerian Association of Medical and Dental Academics (NAMDA) has given the Federal Government a three-week extension to conclude negotiations over its outstanding demands, warning that failure to reach an agreement could trigger a three-day warning strike.

The association issued the ultimatum in a communiqué released to journalists in Uyo on Friday, following its Emergency National Executive Council (E-NEC) meeting.

The communiqué, endorsed by the President, Nosa Orhue, and the Acting Secretary-General, Aniekan Peter, said the extension would run until August 31, 2026.

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It stated, “A three-week timeline extension was adopted for a possible further consideration. E-NEC further resolved that the extension period should be utilised by government to resolve all outstanding issues.

“Failure to achieve meaningful resolution at the expiration of the period ending on the 31st of August 2026 shall result in the declaration of a three-day warning strike to be announced by NOC.”

NAMDA also directed all its branches nationwide to engage their members through congresses and sensitisation programmes at least twice during the extension period.

The branches are expected to submit evidence and reports of the mobilisation activities to the National Executive Council through the secretariat, indicating their level of preparedness for possible strike action.

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The association expressed concern over what it described as the government’s reluctance to conclude negotiations, while commending the Department of State Services (DSS) and other stakeholders for their interventions in the process.

NAMDA also appreciated its members for their patience and cooperation in maintaining stability within the university system.

The association further lamented the alleged neglect of medical education and training amid the shortage of medical and dental doctors and the increasing migration of professionals, popularly known as the “Japa” syndrome.

It reaffirmed its commitment to pursuing the full implementation of all approved benefits for medical and dental lecturers and urged its members to comply with all directives and decisions reached at the meeting.

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Why FCT can’t have state police — Senate

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The Senate has explained why the Federal Capital Territory will not be included in the proposed state police structure, saying Abuja lacks the constitutional institutions required to operate one.

Chairman of the Senate Committee on Media and Publicity, Yemi Adaramodu, said the FCT has no governor or State House of Assembly and remains directly under the control of the Federal Government.

Adaramodu said the territory is administered by a minister who takes directives from the Federal Executive Council, while the National Assembly performs legislative functions for the FCT.

“I have heard many people raise a lot of questions on why the Federal Capital Territory is not among the plan for state police. The FCT issue is different. It is under the Federal Government,” he said.

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He added that because Abuja does not have a governor or state legislature, it cannot operate under the same policing arrangement being proposed for the 36 states.

“The federal capital does not have an assembly. It is the National Assembly that legislates for the FCT. This is why it can’t be different from what the Federal Government does. Therefore, the federal police are in charge,” Adaramodu said.

The clarification comes as the Federal Government pushes ahead with plans for a new policing structure amid mounting calls for decentralised security across the country.

President Bola Tinubu is expected to receive the draft Executive National Policing Bill on September 3 as part of efforts to provide an operational framework for the proposed system.

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Chief of Staff to the President and Chairman of the Presidential Working Group on the National Policing Bill, Femi Gbajabiamila, had also unveiled a public information portal through which Nigerians can submit memoranda and position papers on the proposal.

Under the constitutional amendments being considered, state Houses of Assembly would have powers to legislate on the establishment, administration, funding and oversight of state police.

States would bear the primary responsibility for funding their police formations, although the Federal Government could provide grants or assistance on the recommendation of the National Police Council and subject to approval by the National Assembly.

The FCT, however, would remain under the federal policing structure because of its unique constitutional status and direct administration by the Federal Government.

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Gov Abiodun Commends Army, Police, DSS, Others for Intelligence-led Rescue of 5 Kidnapped Poly Students, 2 Others

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Governor Dapo Abiodun of Ogun State has lauded the Department of State Services (DSS), the Nigerian Army, the Nigerian Police, as well as Civil Defence Corps (NSCDC), for rescuing five kidnapped students of Gateway ICT Polytechnic, Saapade, in Remo North Local Government Area of the state.

The students, who were abducted by suspected kidnappers earlier this week, were rescued in the early hours of Friday, in an intelligence-led operation around Alamala community, off Ayetoro Road Roundabout, of the state capital. Also rescued were two non-students.

The governor described the rescue as a major breakthrough in its fight against kidnapping, even as he reaffirmed his administration’s unwavering commitment to ensuring that kidnappers and other criminal elements have no hiding place in the state.

He described the operation, which included members of the State Security Network Agency (Amotekun Corps), local vigilantes and hunters, as a demonstration of the success that can be achieved when security agencies work together.

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“One of the victims sustained a gunshot injury during the incident and was immediately evacuated for medical attention. The student has since been stabilised.
“This operation is still ongoing, and I wish to assure the good people of Ogun State that our security agencies remain on the trail of every individual connected with this criminal enterprise,” said the governor.

“Our resolve is very clear. Ogun State will remain hostile to criminality and safe for every law-abiding citizen, resident and investor,” the Governor declared, stressing that

According to him, recent joint security initiatives, particularly Operation Kò S’Áyé, have demonstrated the effectiveness of intelligence sharing, inter-agency collaboration and sustained operational pressure against criminal elements.

The governor also commended President Bola Ahmed Tinubu for his administration’s commitment to combating banditry, terrorism and kidnapping across the country, noting that the recent rescue of 308 abducted victims by Nigerian security forces underscores the growing effectiveness of coordinated security operations nationwide. (Reuters)

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“At this juncture, I must acknowledge the purposeful leadership of President Bola Ahmed Tinubu, whose administration has placed the restoration of peace and security at the centre of Nigeria’s development agenda through sustained investment in the operational capacity of the Armed Forces and other security agencies.
“The strengthening of intelligence coordination, the acquisition of modern security assets and his deliberate reforms have continued to deepen inter-agency collaboration,” he said.

The governor further noted that the Federal Government has continued to strengthen the nation’s security architecture, adding that the recent approval of a substantial salary increase for officers and men of the Armed Forces would further boost personnel welfare and morale.

“One of the kidnapped victims sustained a gunshot injuries during the operation and was immediately evacuated for medical attention and has since been stabilised.” disclosed a security source.

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