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Shock as FG Recalls Pension Boss Wanted for Fraud

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Lieutenant Gen Abdulrahman Bello Dambazau, (Rtd), minister of Interior, has confirmed the reinstatement of Abdulrasheed Maina, embattled former chairman of Presidential Task Team on Pension Reforms,  into the civil service.

 

The recall of Maina, who was sacked for alleged fraud and still has a pending corruption trial, may have opened another window for some Nigerians who have continued to pick holes in the anti-corruption fight of President Muhammadu Buhari’s administration.

 

Dambazau, however, said he did not influence the posting of Maina, who had absconded from the service for years and had been on the wanted list of the Economic and Financial Crime Commission (EFCC), to the Ministry of Interior.

 

Ehisienmen Osaigbovo, press secretary to the Minister in a statement on Sunday, said Maina was posted a few days go to the Ministry on acting capacity.

 

The President Muhammadu Buhari administration has secretly reinstated fugitive former chairman of Presidential Task Team on Pension Reforms, Abdulrasheed Maina, into the civil service.

 

Maina was in 2013 dismissed by the Federal Civil Service Commission following a recommendation by the Office of the Head of Service

 

Reports have confirmed that Maina, who is wanted by EFCC, was secretly recalled by President Muhammadu Buhari administration.

 

It was also gathered that Maina, who was a Deputy Director, at the time he absconded from service, has now been promoted to the position of director in charge of Human Resources in the Ministry of Interior.

 

The statement by the Dambazau Press Secretary his attention has been drawn to a report with the underlined caption, published on October 20th, 2017 by Premium Times.

 

It said: “The publication, which queries the reinstatement of former Chairman of the Presidential Task Force on Pension Reforms, reportedly claimed that the Interior Minister was one of those behind the said reinstatement.

 

“It is observed that some insinuations as it concerns the Interior Minister were presented as facts, hence the compelling need to proffer some clarifications for reference purposes.

 

“The ex- Chairman of the Presidential Task Force Team on Pension Reforms, Abdulrasheed Maina, was posted few days ago to the Ministry of Interior by the Office of the Head of Service on an Acting capacity to fill a vacancy created following the retirement of the Director heading the Human Resources Department in the Ministry.

 

“For the avoidance of doubt, issues relating to Discipline, Employment, Re-engagement, Posting, Promotion and Retirements of Federal Civil Servants are the responsibility of the Federal Civil Service Commission and Office of the Head of Service of the Federation, of which no Minister exercises such powers as erroneously expressed in this publication.

 

“It is understood that Maina’s last posting was with the Ministry of Interior, and that is probably why he was re-posted back to the Ministry.

 

It is, therefore, improper for anybody to think that a Minister could exercise such powers or influence the process of Discipline, Re-engagement, and Deployment of any civil servant to his Ministry or any other Ministry for that matter.

 

“Again Such responsibility is that of the Federal Civil Service Commission and/or the Head of Civil Service.

 

“We, therefore, admonished journalists to cross check their facts before going to the press, as we see Nigerian media as dependable allies in our onerous task of nation building.

 

“In any case, the relevant institutions of government are alive to their responsibilities regarding the allegations confronting Mr Maina,” it said.

 

A source at the Office of the Head of Civil Service of the Federation, however, said Maina was never sacked or dismissed from service.

 

When asked if Abulrasheed Maina has been recalled into civil service, the source said: “Was he sacked before? In civil service if somebody is recalled, it is either that he had been suspended or sacked.

 

When insisted that he was declared wanted by the EFCC and allegedly absconded from service, the source said: “Maina was an Assistant Director, before he was seconded to Head of Service.

 

“I encourage journalists to make their findings very well. If Maina was not suspended then he is not under any punishment according to civil service rule. If one is dismissed or indicted or suspended, which one was applied to Maina?

 

“Secondment, according to the civil service rule is for 15 years subject to renewal. Has Maina exhausted the 15 years in the place he was seconded to?

 

“But if he was dismissed or suspended for any reason, there should be a panel that investigated him, according to the civil service rules and what was their recommendations, was he found guilty and what was the steps taken. There are procedures in service.

 

“You need to also go the Federal Civil Service Commission to really find out because they are in charge of recruitment and discipline of civil servants.

 

A source at the Federal Civil Service Commission, when contacted said it was the responsibility of the Head of Service to recommend disciplinary action on an administrative officer like Maina.

 

The source, even though was indicted, it was not the duty of the Commission to investigate the issue without due information from the Head of Service.

 

In 2012 Maina was accused of leading a massive pension fraud scheme amounting to more than N100 billion, when he was drafted by the Goodluck Jonathan administration in 2010 to sanitize a corrupt pension system.

 

Based on the allegation of corruption, Maina was invited by the Senate Joint Committee on Public Service and Establishment and State and Local Government Administration.

 

The Senate after completion of its investigation issued a Warrant of Arrest against Mr Maina.

 

Ignoring the panel, Maina went ahead to sue the Senate and then Inspector-General of Police, Mohammed Abubakar, and thereafter went into hiding after being declared wanted by the police.

 

Consequent upon this, Mr Maina was dismissed by the Head of Service for allegedly absconding from duty and attempting to evade arrest and charged to court.

 

He was on July 21, 2015 charged by the EFCC alongside Stephen Oronsaye and two others before a Federal High Court on a 24-count charge bordering on procurement fraud and obtaining by false pretence.

 

While Mr Oronsaye and the two other accused were in court and pleaded not guilty to the charge, Mr Maina was at large.

 

Mr Maina is said to have spent these past years in the United Arab Emirates, from where he kept lobbying to win pleasure of the Buhari administration.


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Africa Fintech Revenues to Hit $65 billion by 2030 – Report

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African fintech revenues are projected to expand 13-fold to approximately $65 billion by 2030, marking the continent as the world’s fastest-growing digital finance market.

The “Beyond Payments: Unlocking Africa’s Second FinTech Wave ” report, released by Boston Consulting Group at the Inclusive FinTech Forum in Kigali, indicates the sector is shifting from transactional inclusion to scalable, infrastructure-driven systems.

While Sub-Saharan Africa accounts for 74% of global mobile money volume, more than 50% of lending still occurs through informal channels, representing a massive gap for B2B payments and data-driven underwriting.

The opportunity now is to convert scale into sustained, institutional-grade growth, says the report. Markets offering regulatory clarity and interoperable infrastructure are becoming increasingly attractive to long-term capital.

Rwanda is highlighted as an example of deliberate institutional coordination that lowers the cost to scale for financial institutions.

Forward-looking regulation and the License Passporting Memorandum of Understanding between Rwanda and Kenya are cited as practical steps toward easing regional expansion.

Financial centres like the Kigali International Financial Centre play a critical role in this next phase by reducing uncertainty for banks and investors.

By combining regulatory clarity and Pan-African integration, they reduce uncertainty for banks, fintechs, and investors, and help position markets as credible, long-term investment destinations.

Africa’s next fintech phase will be led by financial institutions, the report notes. It goes on to say banks and regulated entities are becoming the primary customers of digital financial infrastructure, demanding platforms that align with their risk frameworks.

The report identifies five institutional priorities to sustain momentum: interoperable infrastructure, data-driven credit, regulatory coherence, trust, and resilience.

Building seamless wallet-to-bank integration will enable more efficient value movement, while transforming transaction data into AI-enabled underwriting models will help bridge the gap in SME lending.

Proportional licensing frameworks and predictable supervisory practices will lower the cost to scale for innovators. Furthermore, expanding cybersecurity capabilities will ensure the ecosystem remains reliable as digital usage grows.

Africa has demonstrated that fintech scale is achievable, and the next decade will be shaped by those markets that strengthen their institutional foundations, the report concludes.

 


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This Is Nigeria Launches ‘The 36: Nigeria Unscripted’ to Showcase Nation’s Culture, Innovation

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For too long, the story of Nigeria has been told by foreigners or shaped by people who don’t truly understand our spirit; This Is Nigeria is a movement changing that. We are putting the power back into the hands of Nigerians to tell our stories from our perspectives.

This Is Nigeria Launches ‘The 36: Nigeria Unscripted’ to Showcase Nation’s Culture, Innovation

Our mission is simple: to change how the world sees us by sharing the positive, impactful stories of our land and its people.

Today, we are officially launching “The 36: Nigeria Unscripted”. This series will travel through every single state in the country, starting with our pilot season in Lagos. We want to show the world the true drive, food, diversity, culture, and innovation that define Nigerians at home.

“The 36: Nigeria Unscripted” takes a deep dive into the history, people, landmarks, and investment potential that make each state unique. Instead of focusing on the usual headlines, we are highlighting the real people building businesses, creating new technologies, making scientific breakthroughs, and leading cultural shifts here and across the globe.

The Kick-Off

The journey begins in Lagos. Over the next two weeks, our crew will be on the streets filming the vibrant energy of the city. This is a “boots-on-the-ground” look at what Nigerian innovation actually looks like today.

Alongside the series, we are also launching a Global Desk. This is a dedicated space to find and share stories of Nigerians living abroad who are making us proud with that signature Nigerian excellence.

How We Are Different

Most Nigerian travel content usually falls into two categories: it’s either a refined ad that ignores reality, or it focuses only on struggle while ignoring achievements.

This Is Nigeria rejects both. Our campaign gives you a behind-the-scenes look at the real passion and effort that fuel our success.

For more information or to share your story, visit www.thisis-nigeria.com.


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Court Orders SERAP to Pay DSS Operatives N100m Damages Over Defamation

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Federal Capital Territory (FCT) High Court in Abuja has ordered the Incorporated Trustees of the Socio-Economic Rights and Accountability Project (SERAP) to pay N100 million in damages to two operatives of the Department of State Services (DSS) over defamation.

Court Orders SERAP to Pay DSS Operatives N100m Damages Over Defamation

SERAP

Justice Yusuf Halilu delivered the judgment in a suit filed by two DSS operatives, Sarah John and Gabriel Ogundele, who accused SERAP of making false and defamatory claims against them.

The claimants had approached the court following a series of posts published by SERAP on its X handle on Sept. 9, 2024, alleging that DSS officers unlawfully invaded and occupied its Abuja office.

In the posts, SERAP claimed that officers of the State Security Service had stormed its office and were demanding to see its directors.

“Officers from Nigeria’s State Security Service are presently unlawfully occupying SERAP’s office in Abuja, asking to see our directors. President Tinubu must immediately direct the SSS to end the harassment, intimidation, and attack on the rights of Nigerians,” the organisation had posted.

However, in his judgment, Justice Halilu held that the allegations made by SERAP were false and defamatory, adding that the two DSS operatives were justified in instituting legal action to protect their reputations.

The court consequently awarded N100 million in damages against SERAP in favour of the claimants.

Justice Halilu also ordered SERAP to issue a public apology to the two DSS operatives.

According to the judgment, the apology must be published in two national newspapers and aired on two television stations.

In addition, the court awarded N1 million against SERAP as the cost of litigation.

The court further ruled that the judgment sum would attract 10 per cent interest annually until the full amount is paid.

The case stems from growing tensions between civil society organisations and security agencies over allegations of harassment, intimidation, and civic space restrictions in Nigeria.

Neither SERAP nor the DSS had publicly reacted to the judgment as of the time of filing this report.


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