News
Tracka Uncovers N8.6Bn Paid to ‘No-Show Contractors’ in FG’s 2022 Budget

Tracka, BudgIT’s service delivery promotion platform, has said that it has uncovered N8.6 billion payments to twenty-six contractors for 19 projects across nine states that have either been abandoned or not done.

Some of these projects, according to platform, include the payment of N542 million to Abu-Halawa International Limited between December 2020 and April 2023 under the Federal Ministry of Water Resources for the Construction of Jare Earth Dam in Katsina. Nothing has been done on the site to date.
The payment of N630 million to Babar Global Services Nigeria Ltd and Foundation Solid (NIG) LTD between July 2022 and September 2023 under the Federal Ministry of Water Resources for the Construction of the Ogbese Multi-Purpose Dam Project, Ekiti.
This site has been abandoned since 2021. And the payment of N400 million to Laralek Ultimate Ltd in March 2023 under the Federal Ministry of Works and Housing for the Limited Rehabilitation of Opo Malu Road, Saki, Oyo State.
The contractor for this site has never reported to the site to date.
A statement by Ayomide Ladipo, head, Tracka disclosed that these and other payments for non-executed projects were uncovered in the 2022 Project Tracking Report themed “Empowering Communities for Economic Growth.” The report reviews Tracka’s work and documents findings from the 3,691 projects monitored across 22 states in Nigeria between August 2022 and August 2023. Of these projects, 2,037 were completed, 1,012 are ongoing, 533 were unexecuted, and 109 have been abandoned as of the time of filing this report.
Under Capital Projects, Kebbi had the highest completion rate at 76%, Oyo had the lowest at 25%, and Taraba had the highest rate of abandoned projects at 27%. Regarding Constituency Projects, Bauchi had the highest completion rate with 97%, Oyo had the lowest with 28%, while Nasarawa, with 23%, had the highest rate of abandoned projects. The report also gives an overview of the implementation of 2022 Constituency and Capital projects across 15 states and highlights pertinent needs and abandoned projects across them.
Gabriel Okeowo, country director, BudgIT, expressed displeasure over contractors’ non-execution of commissioned projects. “Despite the clamor for increased allocations to capital expenditure by FG and subnationals, our tracking exercise has revealed that capital projects are the largest conduits of embezzlement and misappropriation. Lack of effective oversight on the part of the legislators and Ministries, Department, and Agencies has largely contributed to the high level of poor project execution and, in some cases, outright abandonment of projects.”
He reiterated the above while addressing the report’s findings, adding that “Governments at all levels need to take public project execution more seriously, considering the huge infrastructure gaps we are grappling with as a nation. We also hope that the new administration of President Asiwaju Bola Ahmed Tinubu will find a way to block these loopholes and leakages; if not, our expenditure will amount to pouring water into a basket.”
“We call on the anti-graft agencies (the Independent Corrupt Practices Commission, ICPC, and the Economic and Financial Crimes Commission, EFCC) to question and probe these misappropriations in the 2022 budget expenditures and prosecute erring contractors. We also call on elected representatives to pay attention to the needs of their constituents and abandoned projects highlighted in the report, as they serve as pointers to where public funds should be directed to ensure efficient use of scarce public resources.”
The report can be downloaded here: https://www.tracka.ng/#/downloads/home
News
MTN ASAP Enugu Stakeholders’ Conference Rallies More Action Against Youth Drug Abuse, Unveils N33Bn ASAP Impact

In a renewed push to confront the rising tide of drug abuse among Nigerian youth, stakeholders converged on Tuesday, June 9, 2026, at the ICC Dome, Enugu, for a State Stakeholders’ Engagement convened under the Anti-Substance Abuse Programme (ASAP).

The conference brought together government representatives, educators, development partners, and civil society actors to chart a unified path against substance abuse, with disclosures at the gathering revealing that an estimated ₦33 billion has so far been committed to developmental projects, programmes, and initiatives across the country, interventions that have impacted more than 33 million Nigerians directly and reached over 100 million through advocacy and awareness campaigns.
The Executive Governor of Enugu State, Barr. Peter Mbah, represented by the Secretary to the State Government, Prof. Chidiebere Onyia, commended the Foundation for its sustained investment in youth development and the fight against substance abuse.
He noted that the state’s transformation agenda is anchored in youth empowerment, education, healthcare, and human capital development – areas where the Foundation’s ₦33 billion commitment was already making a measurable difference.
“The MTN Foundation’s investment in youth development and the fight against substance abuse aligns directly with our administration’s transformational agenda. Initiatives like ASAP are exactly the kind of partnerships that move the needle on national development,” Prof. Onyia said.
He further urged other private sector players to emulate the Foundation’s example, stressing that the scale of Nigeria’s drug abuse demands sustained collaboration between government, the private sector, development partners, and civil society.
Addressing stakeholders, Odunayo Sanya, Executive Director of the MTN Foundation, said the Foundation, established in 2004 and fully funded by MTN Nigeria, was created to drive impact across health, capacity building, and economic empowerment, with deliberate focus on young people, who constitute the majority of Nigeria’s population.
She explained that the ASAP initiative, launched in 2019 in partnership with the National Drug Law Enforcement Agency (NDLEA) and the United Nations Office on Drugs and Crime (UNODC), was designed to reduce first-time drug use among young Nigerians through awareness campaigns and school-based interventions.
“We have reached over 50,000 students across the country and trained about 1,556 teachers as part of our efforts to create anti-drug ambassadors in schools and communities.”
“For us at the MTN Foundation, saving even one young person from substance abuse is a worthwhile achievement. The consequences go beyond the individual and affect families, communities, and the nation at large,” Odunayo said.
Looking ahead, she disclosed that the Foundation plans to reach more than 20,000 additional students in 2026 through expanded stakeholder engagements, school-based interventions, teacher training programmes, and community awareness campaigns.
She described substance abuse as a major threat to families, communities, and national development, stressing the urgent need for collective action to shield young people from addiction.
According to her, the Foundation’s mission is rooted not just in numbers, but in human outcomes – the lives, families, and futures it helps preserve.
The Executive Director, on her part, called on parents, educators, faith leaders, and community influencers to remain active partners in safeguarding the next generation from the dangers of substance abuse.
The intervention comes at a critical time. Fresh data presented at the conference indicate that over 360,000 youths in Enugu State – approximately 13.4% of the state’s young population – are actively involved in drug use.
Currently, the MTN Foundation (MTNF) and the United Nations Office on Drugs and Crime (UNODC) are conducting a comprehensive National Substance Use Survey to gather grassroots data on drug abuse, especially among secondary school students.
News
PalmPay MD Seeks Stronger Infrastructure, Access to Finance for SMEs @ Digital Pay Expo 2026

PalmPay has called for stronger infrastructure and better access to finance for small businesses as essential to the next phase of financial inclusion and economic growth in Nigeria.

This position was shared by Chika Nwosu, Managing Director of PalmPay Nigeria, during a panel session at Digital Pay Expo 2026, where regulators, fintech leaders, payment operators and other key ecosystem stakeholders gather to discuss the future of digital payments in Africa.
Speaking during a session focussed on advancing financial inclusion and SME growth, Nwosu said that while the micro, small, and medium enterprises remain central to economic activity, many still face real barriers around access to credit, reliable payment infrastructure, and the relevant digital tools needed to grow sustainably.
According to him, meaningful financial inclusion must go beyond onboarding more users into the formal financial rail. It must also address the structural issues that limit how small businesses participate, transact, and scale.
“SMEs contribute 40 per cent of the country’s GDP. For us in PalmPay, Financial inclusion is not just about enabling transactions. It is also about helping businesses access the tools and support they need to expand, build resilience, and create jobs.
He also highlighted the importance of digital literacy, noting that as digital tools and AI become more embedded in financial services, business owners must be equipped to use them effectively and responsibly.
For PalmPay, the future of inclusion will depend not only on innovation, but on how well the ecosystem reduces friction for small businesses and provides the infrastructure and financial support they need to grow.
Discussions at the event also pointed to the need for stronger collaboration across the ecosystem and more practical approaches to helping SMEs move from awareness to adoption of digital financial services.
PalmPay’s MD noted that unlocking the full potential of Nigeria’s SMEs will require a combination of accessible finance, financial education, trusted platforms, and coordinated ecosystem support.
News
Kaspersky Identifies over 336 Unique Domains Impersonating the Official World Cup Website

The World Cup 2026 kicked off on June 11 and alongside it the number of scammers attempting to exploit fan excitement has also increased. According to Kaspersky, at least 336 unique domains mimicking official World Cup resources have been detected. In addition, cybercriminals are actively exploiting growing interest in match streaming and sports betting.

Fake broadcasting schemes
Since the start of the tournament, millions of viewers worldwide have been tuning in across TVs and other devices to watch matches live. At the same time, fraudsters have been creating websites offering “online streaming” of the championship.
The scam works as follows: attackers set up fake websites that claim to provide free access to World Cup broadcasts. After clicking “Watch now,” users are prompted to register to gain access. They are then asked to pay a cryptocurrency fee for “lifetime tournament access.” The danger of this scheme lies in the potential loss of both registration data and cryptocurrency funds.
Betting traps: When the wager is already lost
Another trap targeting football fans involves fraudulent betting and match prediction platforms. For instance, a Spanish-language website was found requesting extensive personal information, including first and last name, email address, phone number and more, under the guise of account creation.
Such schemes expose users to credential theft, particularly if they reuse the same password across multiple services, as well as to potential financial loss.
“Since the start of the tournament, scammers have increasingly focused on the ways fans engage with the event online, as watching matches today requires only an Internet connection and a device.
As a result, criminal activity continues to grow, as reflected in the fraudulent websites we observe offering streaming and betting services in multiple languages. We recommend that users stick to official broadcasts to help protect their data and finances,” says Olga Altukhova, Senior Web Content Analyst at Kaspersky.
You’ve got mail: (Un)real predictions
Another attack scenario involves emails in which attackers attempt to trick users into sending money or clicking phishing links. To increase engagement, these messages often use compelling subject lines and persuasive wording.
In one observed case, fans received emails advertising football analytics services and match winner predictions. A notable feature is the sense of urgency, asking recipients to act quickly, which is one of the common indicators of a possible scam email.
In this case, users are asked to pay a $200 fee to access football analytics. While the offer targets fans interested in betting, paying for such “services” can potentially result in irreversible financial loss.
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