Connect with us

Politics

“N30bn Missing From NSITF” – Chris Ngige

Published

on

The minister of Labour and Employment, Dr. Chris Ngige, in line with a presidential directive, yesterday inaugurated all the boards of parastatals under the Ministry of Labour except the board of the Nigeria Social Insurance Trust Fund (NSITF) due to the huge fraud discovered in the agency.

The boards inaugurated by the minister include those of the National Productivity Centre (NPC), National Directorate of Employment (NDE), and Michael Imoudu National institute for Labour Studies (MINILS).

LEADERSHIP Weekend recalls that the president had in October 2017 constituted the board of the NSITF with the former president of National Union of Petroleum and Natural Gas Workers (NUPENG), Chief Frank Kokori, as the chairman.

However, giving reasons why the board was not inaugurated alongside others yesterday, Ngige said he had the consent of the president to stay action on inaugurating the NSITF board the pending the outcome of the administrative enquiry recently set up by the ministry to investigate the mindless looting of the agency.

The minister urged members of the other boards so inaugurated to be accountable in the discharge of their mandates to avoid a repeat of the rot in the NSITF.

Ngige said: “The operations of the various parastatals must strictly conform to financial regulations, especially Section 32 and the provisions of the Procurement Act. The audited accounts of the parastatals must always be prepared and submitted to the relevant authorities as and when due.

“The NSITF, for example, is reeling from massive looting with no audited account for five years. A whooping sum of N5billion was unearthed by an audit panel of enquiry as having been taken out of the NSITF coffers with First Bank in a single day without vouchers.

“Worse still, the organisation maintained no cash book as required by financial regulations. This resulted in massive looting of funds by board members acting in concert with the management staff.

“When we say N5 billion was taken in one day, that’s not the only amount missing. Over N30billion cannot be accounted for and the members of the past board participated actively in the looting.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Politics

Nigeria’s Customs Boss Adeniyi Re-Elected Chairperson of World Customs Organization Council

Published

on

Bashir Adewale Adeniyi has been re-elected as Chairperson of the World Customs Organization (WCO) Council.

Adeniyi’s re-election reflects the confidence of member administrations in his leadership and comes as the WCO continues efforts to strengthen international customs cooperation, facilitate global trade, and combat cross-border crimes.

As Chairperson of the Council, Adeniyi will continue to oversee discussions on key customs policies, trade facilitation, border security, digital transformation, and capacity building among the organization’s member countries.

Reacting to his re-election, the Nigeria Customs Service described the development as a significant milestone for both the service and the country, noting that it highlights Nigeria’s growing influence in international customs administration.

The service also reaffirmed its commitment to promoting efficient customs operations, improving revenue collection, facilitating legitimate trade, and enhancing collaboration with customs administrations worldwide.

The World Customs Organization, headquartered in Brussels, brings together customs administrations from across the globe to develop international standards and strengthen cooperation in customs and border management.

Continue Reading

Politics

Politicians Criticising Judiciary Once Benefited From Court Rulings — Uba Sani

Published

on

Uba Sani has defended Nigeria’s judiciary, arguing that many politicians currently criticising the courts had previously benefited from judicial rulings.

The Kaduna State governor said it was inconsistent for political actors to praise the judiciary when judgments favour them but question its credibility when decisions go against their interests.

According to Sani, respect for the rule of law and the independence of the judiciary is essential to sustaining Nigeria’s democratic system. He urged political leaders and their supporters to allow the courts to perform their constitutional responsibilities without undue pressure or intimidation.

The governor stressed that while judicial decisions may be subject to appeal through established legal processes, public confidence in the justice system should not be undermined by selective criticism.

He also called on politicians to place national interest above partisan considerations, noting that strong democratic institutions are built on respect for due process and the separation of powers.

Sani reaffirmed his support for an independent judiciary, describing it as a critical pillar of democracy and a vital safeguard for justice and the protection of citizens’ rights.

Continue Reading

Politics

Ekiti 2026: INEC Declares Governor Oyebanji Winner

Published

on

The Independent National Electoral Commission (INEC) has declared incumbent Governor Biodun Oyebanji of the All Progressives Congress winner of the 2026 Ekiti State governorship election after a sweeping victory across all 16 local government areas of the state.

INEC Returning Officer, Professor Adenike Oladiji, announced the result in Ado-Ekiti on Sunday, confirming that Oyebanji polled 319,224 votes to defeat his closest challenger, Wole Oluyede of the PDP, who secured 40,543 votes. ADC candidate Dare Bejide came third with 12,872 votes.

The victory makes Oyebanji the first incumbent governor in Ekiti State’s history to secure re-election while in office.

Final Results

APC – 319,224 votes

PDP – 40,543 votes

ADC – 12,872 votes

LP – 276 votes

ADP – 1,269 votes

According to INEC, the election recorded over 383,000 accredited voters from a registered voter population of nearly one million across the state.

Oyebanji dominated the poll in all 16 local government areas, posting particularly strong performances in Ado-Ekiti, Ijero, Ekiti West, Irepodun/Ifelodun, and Ikole LGAs.

The election was closely monitored by political parties, observers, and security agencies, with the outcome reinforcing the APC’s hold on power in the state ahead of the 2027 general elections.

Continue Reading

Trending