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Beam searchlights on FG over $3.4b COVID 19 loan, subsidy savings, CSOs Charges NASS

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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500 lawyers set to defend Utomi against DSS

A professor of Political Economy, Pat Utomi, on Friday said he is receiving support from some Nigerians who are planning to mobilise 500 lawyers to defend him against the Department of State Services.
Utomi revealed this in a post on X.
“It’s energising (that) some want to put together 500 lawyers to defend me against the DSS,” he said.
The DSS had sued Utomi over his alleged plan to establish what he calls “a shadow government” in the country.
According to the suit filed at the Federal High Court in Abuja, the DSS prayed the court to declare the move an attack on the Constitution.
The professor of Political Economy, who is the 2007 presidential candidate of the African Democratic Congress (ADC), was sued as the sole defendant.
In the suit filed on May 13 by a Senior Advocate of Nigeria, Akinlolu Kehinde, the agency contended that the move by Utomi was intended to create chaos and destabilise the country.
The DSS had argued that the planned shadow government was not only an aberration but also constituted a grave attack on the Constitution and a threat to the democratically elected government currently in place.
However, Utomi said he was gladened by the solidarity he had received from across the country.
“I am heartened by messages of solidarity from across Nigeria on this shadowy business of chasing shadows of shadow cabinets. Reminds me of the Nigeria I used to know. I want to thank all.”
The planned shadow cabinet was greeted by reactions from several Nigerians, including a former presidential candidate and activist, Omoyele Sowore, who said it was an ineffective symbolic gesture that lacked real-world impact on Nigeria’s pressing challenges.
Speaking during an interview on Inside Sources on Channels TV on Sunday, Sowore argued that the idea of a shadow cabinet was futile in a country where the existing government is itself opaque and largely unaccountable.
He said, “Well, how do you replace a shadow government with another set of shadowy governments? I would not begrudge anybody who thinks of solutions that can bring awareness to the people.
“But I do not think that setting up a government with names of people who call themselves a shadow government makes any difference.”
News
Police Speaks on Viral Video of Young Men Arriving in Ibeju-Lekki

The Lagos State Police Command has issued an official statement addressing a viral video that sparked concern on social media, showing a large group of young men reportedly arriving in Lagos and gathering near the Dano Company premises in Ibeju-Lekki.
According to the Command, the incident occurred on May 14, 2025, prompting swift deployment of officers to the scene for investigation. The police confirmed that the individuals—eighty-nine in total—had arrived from Katsina State to work as labourers at the Dangote Refinery in Lekki.
A contractor affiliated with the refinery informed the police that he personally recruited the workers for legitimate employment, a statement corroborated by the refinery’s Chief Security Officer (CSO). All individuals were cleared for entry and are expected to reside within the refinery premises.
The police confirmed that thorough checks were conducted, revealing no incriminating materials. The labourers also presented valid National Identification Numbers (NINs), which were successfully verified by the authorities.
Commissioner of Police, CP Olohundare Jimoh, urged the public to refrain from spreading unverified information that could incite panic or tension. He assured residents of the Command’s continued commitment to public safety and swift response to potential threats.
Police Public Relations Officer, CSP Benjamin Hundeyin, signed off on the statement, reaffirming the Command’s dedication to transparency and law enforcement in Lagos State.
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Finland charges Simon Ekpa with inciting terrorism

Finnish prosecutors on Friday said they had charged a man with inciting terrorism online who a media report identified as Nigerian separatist leader Simon Ekpa.
Finland’s National Prosecution Authority said in a statement that it had charged “a Finnish individual in a case involving suspected public incitement to commit crimes with terrorist intent and participation in the activities of a terrorist group.”
It added that the alleged crimes had been committed in the city of Lahti between 2021 and 2024 and were related to the suspect’s efforts to establish Nigeria’s Biafra region as an independent state.
The prosecution authority did not name the accused but Finnish public broadcaster YLE identified him as separatist leader Simon Ekpa.
Ekpa — who claims to lead the Biafra Republic’s government in exile — was detained in November.
According to the prosecution authority, the accused remained in custody and denied the charges.
Ekpa is known as a self-proclaimed leader of a faction of the Indigenous People of Biafra (IPOB), which is pushing for the independence of Nigeria’s southeast, where a bloody civil war was fought in the late 1960s.
The dual Finnish-Nigerian national has also been a local representative for Finland’s conservative National Coalition Party in the city of Lahti, north of Helsinki, where he has served on a public transport committee.
When Ekpa was arrested, Finnish authorities also requested that four other people be remanded in custody on suspicion of financing Ekpa’s activities.
On Friday, the prosecution authority said the prosecutor had decided to drop charges against four others in the case due to a lack of evidence.
Ekpa has been the subject of several of AFP’s fact checks in recent years over false claims and disinformation he has made in independence campaigning.
AFP
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