News
Nigerian minister alleged N70bn fraud case still open – EFCC
The Economic and Financial Crimes Commission has assured the public that it will continue with the alleged N70 billion corruption case against the Minister of State for Defence, Bello Matawalle, during his tenure as the Governor of Zamfara State from 2019 to 2023.
The EFCC’s Acting Director of Public Affairs, Wilson Uwajuren, stated this while addressing protesters under the aegis of the APC Akida Forum who were at the Commission’s Headquarters in Abuja on Friday, to demand the reopening of the pending case.
Uwajuren told the protesters that once the EFCC opened an investigation, it would not be closed, and assured them that their demand would be looked into.
“I want to commend members of the APC Akida Forum for this peaceful protest. It is within your rights to protest. The Constitution guarantees the right of free expression and you have done that today. I want to assure you all that the EFCC does not close cases. Once we open an investigation into a case, we do not close such a matter. So I assure you that this petition will be looked into. Thank you very much,” he said.
Presenting a copy of their petition to the EFCC, Chairman of the group, Musa Mahmud, asked the Commission to reopen the investigation into the corruption allegations against Matawalle.
He said the call came amidst growing concerns about corruption in Nigeria and the bold steps taken by the APC administration regarding government officials suspected of embezzlement, including former Kogi State Governor Yahaya Bello, among others.
Mahmud further urged the EFCC to investigate the $2.1 billion arms deal, which included Matawalle among the dishonourable Nigerians and companies that benefited from the former National Security Adviser’s NSA scandal.
“The APC AKIDA Forum is appealing to the Economic and Financial Crime Commission (EFCC) to continue investigating Matawalle’s alleged mismanagement of public funds during his tenure as Governor of Zamfara State and his involvement in the famous arms deal scandal.
“As party loyalists, we want the Economic and Financial Crime Commission (EFCC) to investigate the matter and bring justice to those responsible for the mismanagement of public funds. This will serve as a deterrent to others considering engaging in corrupt practices in public office, especially considering what happened to the humanitarian minister.
The APC Akida Forum, as a political pressure group, commends the Federal Government for making bold decisions against corruption,” he added.
On May 18, 2023, the EFCC announced that it was investigating allegations of extensive corruption, fraudulent contract awards, and the misappropriation of more than N70bn by Matawalle.
Meanwhile, members of the Zamfara Alternative Forum had staged a similar protest at the EFCC headquarters in January, asking the commission to revisit the probe of the former governor. https://punchng.com/matawalles-n70bn-fraud-case-will-be-reviewed-says-efcc/
News
Reps Quiz Federal Polytechnics Damaturu, Mubi, Monguno Over Infractions
By Gloria Ikibah
News
Obasanjo narrates how he escaped becoming drug addict
Former President Olusegun Obasanjo has revealed how he almost became a drug addict.
He spoke in Abeokuta over the weekend at the second edition of ‘Fly Above The High’ anti-drug campaign conference organised by the Recovery Advocacy Network.
Obasanjo stated that smoking during his youthful age led to chronic coughing and almost became an addiction.
The former President, while lamenting the increase in drug abuse among Nigerians and other West Africans, urged Nigerian students and young people to refrain from abusing psychoactive drugs, saying that they ruin life rather than enhance it.
“If I had persisted, I could have become addicted. Once you get involved, it is difficult to get out.
“There’s nothing drug can do for you except destruction.
“We found out that West Africa has equally been a centre for drug consumption in a very bad way. That was more than 10 years ago, so the situation has since gone worse. And whatever applies to West Africa applies to all other parts of Africa,” Obasanjo said.
He cautioned against stigmatization and urged individuals who are already addicted to psychoactive drugs to get help.
News
We saved $20bn after Petrol Subsidy Removal and FX Rate Reforms, Says Finance Minister
Wale Edun, minister of finance and coordinating minister of the economy, says Nigeria has saved $20 billion from petrol subsidy removal and market-based pricing of the foreign exchange rate.
Edun spoke at a ceremony recently held to mark the first 100 days in office of Esther Walso-Jack, head of civil service of the federation, in Abuja.
“An amount of five per cent of GDP is what those two subsidies were costing when there was a subsidy on PMS; when there was petroleum product generally for a long time and when there was a subsidy of foreign exchange. Between them, they were costing five percent of GDP,” he said.
“If you say GDP was on average, let’s say $400 billion. We all know what five percent of that is – $20 billion of funds that could be going into infrastructure, health, social services, education.”
-
News21 hours ago
Simon Ekpa: FG’s attempt to extradite self acclimated freedom fighter may hit brickwall
-
Politics20 hours ago
Hardship: PDP Governors seek review of governance policies
-
Politics20 hours ago
INEC Announces Date To Resume Nationwide Voter Registration
-
Metro20 hours ago
Nigerian Woman Arrested, Detained In Libyan Capital With 2Kg Of Cocaine
-
Foreign20 hours ago
Trump picks Scott Bessent, the ‘investor favorite,’ for Treasury secretary
-
News21 hours ago
Retired 85-year-old Col bags P.hd
-
News21 hours ago
Minimum wage: Yobe Gov approves N70k for workers
-
Metro19 hours ago
School principal suspended in Akwa Ibom over poor feeding of students