News
Reps Begin Probe Into Alleged Misuse of Agricultural Funds
- /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 27
https://naijablitznews.com/wp-content/uploads/2025/04/IMG-20250408-WA0008-1000x600.jpg&description=Reps Begin Probe Into Alleged Misuse of Agricultural Funds', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
- Share
- Tweet /home/naijuinz/public_html/wp-content/plugins/mvp-social-buttons/mvp-social-buttons.php on line 72
https://naijablitznews.com/wp-content/uploads/2025/04/IMG-20250408-WA0008-1000x600.jpg&description=Reps Begin Probe Into Alleged Misuse of Agricultural Funds', 'pinterestShare', 'width=750,height=350'); return false;" title="Pin This Post">
By Gloria Ikibah
The House of Representatives has commenced investigations on the alleged mismanagement of funds meant for agricultural development by government agencies outside the Federal Ministry of Agriculture.
Declaring open the inestigation, Chairman Committee on Nutrition and Food Security, Rep.Chike Okafor, said the hearing was to uncover the truth and ensure accountability in the use of public funds.
Rep. Okafor noted that despite trillions of naira reportedly spent on agriculture over the years, Nigeria still battles food shortages, hunger, and high food prices.
“This hearing is not a witch-hunt. Our purpose is not to target individuals or institutions but to uncover the truth, identify systemic failures, and ensure that public funds allocated for agricultural development are utilized transparently and effectively.
“If these funds had been judiciously spent, we would not be facing the current crisis where millions of Nigerians struggle to afford basic meals,” he said.
The probe, according to the Chairman, follows a motion passed by the House titled “Alleged Mismanagement of Government Agricultural Initiatives and Funding by Departments, Agencies, and Government Programs Outside the Federal Ministry of Agriculture and Food Security”.
He listed key institutions under scrutiny, including the Central Bank of Nigeria (CBN), Nigeria Incentive-Based Risk Sharing for Agricultural Lending (NIRSAL), Bank of Industry (BOI), Bank of Agriculture (BOA), and the National Agricultural Development Fund, among others.
Some of the figures raised by the committee include:
– ₦1.12 trillion disbursed to over 4.6 million farmers through CBN’s Anchor Borrowers Programme (ABP),
– ₦215 billion disbursed by NIRSAL to support agriculture and agribusinesses,
– ₦3 billion given to 22,120 smallholder farmers by BOI,
– ₦59.4 billion in loans for agro and food processing businesses,
– ₦5 billion livestock loan facility to BOA in 2023,
– ₦1.6 billion recovery fund released in 2024 by the National Agricultural Development Fund to fight ginger blight disease.
Rep. Okafor explained that the Committee is empowered by the House rules to investigate how these funds were allocated and used, and determine if they truly made an impact.
He demanded foe detailed information from the agencies covering the period between 2017 and 2024, including lists of beneficiaries, addresses, project locations, loan terms, recovery plans, and collaboration with donor partners.
“The Nigerian people deserve to know how their resources are being used, and this Committee is committed to ensuring that every kobo allocated to agriculture serves its intended purpose,” he said.
He also acknowledged that the Bank of Agriculture recently appointed a new Managing Director and confirmed that a letter to that effect has been received by the Committee.
The Chairman therefore urged all agency representatives to be open and sincere in their presentations, and charged the media and civil society to play their part in holding government accountable.
“The goal is not to antagonize but to collaborate in finding solutions. Where there are gaps, let us address them. Where there are inefficiencies, let us correct them. And where there are infractions, let us take necessary actions to prevent recurrence.
“With that, I declare this investigative public hearing open. I look forward to a robust, insightful, and solution-driven deliberation,” he stated.
Governor of Central Bank of Nigeria CBN, Olayemi Cardoso, represented by Mr Kwasari John Harman, an acting director in CBN said the Apex bank disbursed N1.21 trillions and N871 billion among others
He said that all commercial banks in the country received funds from the federal government on the Anchor Borrowers Scheme of the previous administration.
News
BREAKING: Senators turn to sprinters as fire engulfs section of Senate wing
A fire erupted on Wednesday in the Senate wing of the National Assembly complex in Abuja, prompting immediate concern and response from lawmakers and staff on the premises.
In a Footage circulating on social media, including from Africa Independent Television (AIT), shows thick smoke billowing from a room as senators and other personnel gathered nearby.
The video also captures hazy conditions inside adjacent areas, including what appears to be a pantry or kitchen space with chairs stacked and smoke visible.
According to preliminary reports, the incident occurred in a section of the Senate wing. Senators were described as being actively involved in efforts to put out the fire. No immediate reports of casualties have emerged, and those present appear to have evacuated or moved to safer areas within the complex.
News
FCT Projects Commissioning: Tinubu Urges Abuja Residents to pay Ground Rent, Other Taxes To Enjoy More Developmental Projects(Photos)
President Bola Ahmed Tinubu has urged residents and business owners in the Federal Capital Territory (FCT) to fulfil their civic obligations by paying taxes, land charges and ground rents, saying such compliance would enable government to deliver more infrastructure projects across the territory.

Tinubu made the call on Wednesday during the commissioning of the full-scope development of Arterial Road N5 (Obafemi Awolowo Way), stretching from Life Camp Junction to Ring Road III in Dape District, Abuja.
Represented by Vice President Kashim Shettima, the President said infrastructure development must be driven by a partnership between government and citizens.

“To the residents and business owners enjoying this transformation, I urge you to meet your obligations. Pay your taxes. Clear your land fees and ground rents. Your compliance gives the FCT Administration the strength to build more roads like this one,” he said.
The President described the newly completed road as a critical economic corridor that would ease traffic congestion, improve connectivity and unlock investment opportunities within the nation’s capital.
Recalling the commissioning of the Gwarinpa I District section of the road in June 2025, Tinubu said his administration had fulfilled its promise to complete the remaining section.
“On that day, we made a pledge to you. We promised not to leave this vital artery half-done. Because the Renewed Hope Agenda is not about abandoned projects; it is about delivery from start to finish.
“And so today, we are back. We are back to close the circle. We are back to commission the Dape District Section of Arterial Road N5, from Life Camp Junction to Ring Road III,” he stated.

The President stressed that the project was conceived, funded and completed under his administration, noting that it was awarded to Julius Berger Plc with a strict 15-month completion timeline after it was flagged off in October 2024.
According to him, the era when major infrastructure projects lingered for years without completion is over.
“We conceived it, we funded it, and we delivered it. In the past, projects like this became permanent budget lines ten, fifteen years of excuses. Not under this administration,” Tinubu declared.

He commended the Minister of the Federal Capital Territory, Barr. Nyesom Wike, describing him as the administration’s “Engine of Execution” and applauded Julius Berger for delivering quality work within schedule.
“Minister Wike, you and your team have shown what happens when political will meets accountability. We fund projects to see results, not to listen to grammar,” he added.
Tinubu noted that the completion of the N5 corridor would significantly reduce travel time for commuters and provide seamless connectivity among Dape, Karmo, Gwarinpa I, Kado, Idu and Mbora districts.
He further explained that the road would provide direct access to the Idu Industrial District, thereby lowering logistics costs, attracting investments and creating jobs.
“Beyond that, this road opens a direct gateway to the Idu Industrial District. That means lower logistics costs for businesses, new investment, and more jobs for our people,” he said.
The President also called on traditional rulers, community leaders and residents to protect public infrastructure from vandalism and ensure proper maintenance of drainage systems and streetlights.
Earlier, FCT Minister Barr. Nyesom Wike said the commissioning marked the second day of a 31-day project inauguration programme organised to commemorate the third anniversary of the Tinubu administration.
According to him, the scale of infrastructure delivery in the FCT has increased steadily since the administration came into office.
“On June 24, 2024, when we had the first-year anniversary of Mr. President, we took nine days of commissioning of projects. In the second year anniversary, we took 19 days. To the glory of God, in this third year, we are touching 31 days of commissioning of projects,” Wike said.
The minister credited Tinubu for providing the political support needed to transform the FCT, saying the Renewed Hope Agenda had translated into visible infrastructure development across Abuja and the satellite towns.
“For the first time, development has been taken to the satellite towns in the Federal Capital Territory. This is unprecedented. Before this period, satellite towns did not know what they call government. Today, they can feel the impact and presence of government,” he stated.
Wike praised Julius Berger for completing both sections of the project within record time, revealing that the Gwarinpa section was delivered within seven months.
He also defended the FCT Administration’s handling of compensation issues during the road construction, insisting that all affected property owners whose structures were demolished were duly compensated.
“We paid. If you are saying that because you are from that place and development has passed and government did not dash you money, we don’t dash money when we are carrying out development,” he said.
The minister dismissed protests by some individuals at the event, insisting that infrastructure projects across the territory had demonstrated the administration’s commitment to governance and development.
Earlier in her remarks, Minister of State for the FCT, Dr. Mariya Mahmoud, described the project as another milestone under the Renewed Hope Agenda and a reflection of President Tinubu’s commitment to improving connectivity, stimulating economic growth and enhancing residents’ quality of life.
Mahmoud paid tribute to Wike for what she described as his purposeful leadership and unwavering commitment to transforming Abuja through the delivery of critical infrastructure.
She also thanked traditional rulers, community leaders and residents of Life Camp, Dape District and neighbouring communities for their cooperation throughout the execution of the project.
The minister expressed confidence that the newly commissioned road would improve transportation, boost commercial activities and support sustainable urban development in the Federal Capital Territory.
News
INSECURITY: Vice principal two others killed as bandits invade Kogi community, attempt to kidnap WAEC candidates
Panic engulfed Iluke Bunu, a community in Kabba-Bunu Local Government Area of Kogi State, on Wednesday morning after suspected bandits launched a deadly attack that left three people dead, including a school vice principal.
The bandits, who reportedly invaded the community in large numbers, were said to have targeted students sitting for the ongoing West African Senior School Certificate Examination (WASSCE), sparking fears of a mass abduction.
According to local sources, the gunmen stormed the area in the early hours of June 10, unleashing gunfire that sent residents and students scrambling for safety. The incident disrupted normal activities in the community and created widespread panic among residents.
A community member who spoke about the attack described the situation as terrifying, revealing that the sound of sustained gunfire echoed across the area as people fled to avoid being caught in the violence.
He said we woke up to heavy gunfire this morning. The bandits entered the community and there was confusion everywhere.
Residents were running in different directions for safety, while students writing their WAEC examinations became terrified,” the source said.
The source further revealed that the attackers appeared determined to abduct students and school personnel but were thwarted by the swift intervention of security operatives and local vigilantes.
According to him, soldiers stationed at a nearby military formation responded quickly after receiving distress calls and engaged the gunmen in a fierce exchange of gunfire.
He explained that if not for the prompt response of the soldiers and local vigilante groups, many students could have been kidnapped.
The security forces confronted the attackers and eventually forced them to retreat.
During the attack, three people reportedly lost their lives. Among the victims was Mr. Gani Anifowose, Vice Principal of Government Secondary School, Aharha-Bunu. Two other individuals were also killed in the violence, although details about their identities were not immediately available.
Another resident expressed concern over the deteriorating security situation in the area, noting that many community members remain traumatised by the incident.
According to him, our community is facing serious security challenges. The gunshots lasted for a long time, and people are still searching for some residents whose whereabouts remain unknown,” the resident said.
Sources within the community stated that troops from the Nigerian Army formation in Suku-Kiri Bunu led the response operation.
The soldiers reportedly engaged the attackers in a gun battle, preventing them from carrying out their mission.
During the confrontation, one of the suspected bandits was allegedly shot dead, while several others escaped into nearby forests and bushes.
The attack has renewed concerns over insecurity in parts of Kogi State, particularly in rural communities where residents have repeatedly faced threats from armed criminal groups. It has also raised fresh questions about the safety of students and educational institutions amid ongoing national examinations.
Residents have called on the government and security agencies to strengthen security presence in vulnerable communities and take decisive action to prevent future attacks on schools and innocent civilians.
-
News16 hours agoNECO to recruit 22,000 supervisors, cautions applicants against fake recruitment portals
-
News16 hours agoUmahi gives Abuja-Lokoja highway contractors 72 hours to mobilise
-
News16 hours agoOtti woos investors to Abia medical city, industrial park, others
-
News16 hours agoSenate Calls For Total Ban On Importation Of Textile Materials
-
News16 hours agoTinubu launches Ebola response task force, approves N10bn emergency fund
-
Opinion12 hours agoPolitical Tourists Can’t Derail PDP-Akpodiete Rejects Cheap Blackmail Over Archived Photo
-
Sports16 hours ago48 hours to World Cup opening ceremony, protesters block road to Mexican stadium
-
News10 hours agoTinubu orders urgent diplomatic action to bring back 300 Nigerians jailed in Ethiopia after inmates die in custody

Warning: Undefined variable $user_ID in /home/naijuinz/public_html/wp-content/themes/zox-news/comments.php on line 49
You must be logged in to post a comment Login