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ICPC grills OAGF, CBN officials over alleged disappearance of $3.4bn IMF loan

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has initiated investigations into the whereabouts of a $3.4 billion loan granted to Nigeria by the International Monetary Fund (IMF). Three officials, two from the Central Bank of Nigeria (CBN) and one from the Office of the Accountant-General of the Federation (OAGF), were interrogated last week in connection with the loan.

Additionally, the ICPC has summoned officials from the Federal Ministry of Finance for questioning. Vital documents related to the loan, intended to finance the budget and manage COVID-19, have been retrieved by the commission.

The Socio-Economic Rights and Accountability Project (SERAP) has taken legal action, urging an investigation into the alleged mismanagement of the funds. According to a source familiar with the matter, the ICPC’s investigation is already underway, sparked by a review of the Auditor-General of the Federation’s report. Investigators are working to determine whether the funds are missing, diverted, or unaccounted for.

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BREAKING: Wike, Atiku Meet At PDP Caucus Meeting Ahead Of NEC

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By Kayode Sanni-Arewa

Former Vice-President Atiku Abubakar and Minister of the Federal Capital Territory (FCT), Nyesom Wike, are currently attending the National Caucus meeting of the Peoples Democratic Party (PDP) in Abuja.

The duo, who sought the presidential ticket of the party for the 2023 election, are among stakeholders at the meeting holding at Bauchi Governors’ lodge behind ECOWAS secretariat in Asokoro.

Details shortly…

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BREAKING: Court Grants EFCC Warrant to Arrest Ex-Kogi Gov Yahaya Bello

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The Federal High Court Sitting in Abuja has granted the Economic and Financial Crimes Commission, EFCC, warrant to arrest the former governor of Kogi State, Yahaya Bello.

Justice Emeka Nwite granted the warrant on Wednesday, April 17, at the instance of the EFCC.

According to the Judge, Bello’s arrest is preparatory to his arraignment on Thursday, April 18.

More Details shortly…

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Condemnations Trail Adeleke’s Osun’s New Logo

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There have been widespread condemnations on social media following the release of the new Osun State logo by Governor Ademola Adeleke-led administration.

The medium earlier reports that Governor Adeleke while assenting to a bill adopting the new logo for the state, described the new symbol as a signal of new rebirth.

He said the new logo is significant because it rhymes and meaningfully represents the state’s historic anthem, values, and tradition.

According to him, “I am elated to sign this new Logo into law as a signal of rebirth of our dear State. The new logo is significant because it rhymes and meaningfully represents our historic anthem, our values and tradition”.

The development has however generated a lot of reactions on social media with netizens berating the choice of new the logo over the old one, calling the government’s attention to other important issues rather than focusing on the logo.

The following are some of the reactions:

@MasterMaliq said: The logo is not fine jare.. looks very local.😒take a look at the Lagos and Oyo state Logo.

@CASAnovaPremium: This logo is awful. A baby graphic designer would do a better job.

@ADE_T_ADELEYE: Osunmo Òpèlè Ifa Ojina si Logo Agbekoya. Graphics Designer might be from @InsideOsogbo or Okuku

@QasimOdetara: And the state paid someone to design this? Haba! Even a appreciate graphics designer must not present this to a whole state. What is this?? They should just leave the former logo. It is well designed and looks very mature.

@T_pappy10: What’s this ??? Lmao 😂😂😂.

@DonAlfonso99: The Y has to be clearly depicted. The logo is not even attractive. But the picture is illustrated well 👏

@tifesings: Petition to cancel and redesign a befitting logo for Osun State.

@m4V3_: Is this the A/B testing phase or its yet to pass through that?

@Ladeyoriju: I’m glad you mentioned gold. What exactly is the Governor/Government doing to bring the mindless greed influenced gold mining in certain towns within the state to a halt? These miners keep destroying farms, residential spaces and environment in general. What the heck?

@PeterROCK: All the nonsense you’ve written here throw it in the bin. Circle this, earth mountain…… throw it in the trash. Gtbanks logo is a literal rectangle.

@realolabid: And someone actually approve of this poor excuse for a logo? There are many talented designers out there who could do a much better job. In fact, it would have been a great initiative to organize a contest for designers to create a new logo for the state.

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