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Allison-Madueke, Petroleum Minister Blows N13Bn on Chartered Plane

Deziani Allison-Madueke, minister of Petroleum Resources, is to appear before the House of Representatives Committee on Public Account to explain the source of alleged N3.120 billion used to pay for charter of aircraft within two years.
Samuel Adejare (APC Lagos), a member, levelled the allegation against the minister in a motion at plenary on Thursday.
The minister was also said to have spent another N10 billion for maintenance of an aircraft, a Challenger 850 Aircraft and its crew in the last two years.
Adejare, who represents Agege Federal Constituency, Lagos, made the allegations in his motion entitled, ‘Urgent Need to Investigate the Waste of Resources on the Arbitrary Charter and Maintenance of a Challenger 850 Aircraft for Non-official Use’.
In his lead debate on the motion, Adejare said it was wrong for the minister to have spent such money on frivolities at a time the resources of the country were dwindling and government complaining of lean purse.
“In these days of scarce national resources where public finance is shrinking in the face of ever increasing national needs such as roads, health, education and power, among others an official of government could waste public funds on such luxury as chartering a Challenger 850 Aircraft for extra official use.
“In recent times, most states of the federation have been facing acute shortage of allocations due to the dwindling national revenue which has reduced the quality of governance and deprived the people of dividends of democracy,” he complained.
Insisting that the allegation against the minister was not a cooked up one, the lawmaker said his submission on the issue “is based on reliable evidence”.
“The Hon. Minister of Petroleum Resources, Mrs Diezani Allison-Madueke, has been committing the sum of 500,000 Euros (N130 million) monthly to maintain the aircraft, thus in two years, the Minister had committed at least N3.120 billion in maintaining the private jet which is used solely for her personal needs and those of her immediate family, which is an appalling act” he added.
Adejare also explained that “there are strong indications that the above expenditure is only a tip of the iceberg as several other billions of naira have been allegedly wasted on flying the jet all over the world obviously for the leisure of the Hon. Minister and her immediate family on trips that were of no benefit to the country.
“This colossal waste is currently estimated at N10 billion, which include the payment of allowances to the crew for the trips, hanger parking and rent based on the lease agreement.
“If government could be bankrolling this waste in the face of ever dwindling public resources, it amounts to a misplacement of priority, impudence and breach of public trust, an action that offends the Fiscal Responsibility Act and all other laws on fiscal discipline in Nigeria.”
Adejare explained that an investigation into the matter revealed that the minister was financing the lease of the aircraft with public funds.
At this stage, a member of the parliament, Friday Itulah (PDP, Edo), rose to oppose the motion, but the Speaker, Aminu Tambuwal, who presided quickly intervened, asking Itulah to stay action until he calls for a debate to oppose the motion.
Itulah, however, explained that the House rule does not create room for motions of this nature to be debated, adding that “we will put it to a voice vote and refer it to the relevant committee for further legislative action”.
When it was put to voice vote, it was unanimously supported by members, and the Speaker ruled that the House Committee on Public Account take charge of the probe and report back to the House within two weeks.
Also on Thursday, the House directed a probe into alleged non-remittance of funds accruing from the Nigerian Liquefied Natural Gas (NLNG) to the Federation Account from 2004 till date.
The decision to institute probe was a fallout of a motion raised under Matters of Urgent National Importance by Aminu Suleimaan (Kano, APC) at plenary.
In his lead debate, Suleiman drew attention of the House to Section 162(1) of the 1999 Constitution as amended which makes it mandatory for all revenue collected by the government of the federation to be remitted into the Federation Account.
Suleiman said according to the provisions of Section 162 sub section 10 of the Constitution, revenue means any income or return accruing to or derived by the government of the federation from any source and includes any receipt.
The lawmaker said the NLNG Bonny, in flagrant disobedience and breach of the Constitution has not remitted funds accruing to it to the Federation Account from 2004 till date.
He said the non-remittance of funds accruing to NLNG Bonny from 2004 till date has adversely affected the Federation Account to the detriment of federal, states and local governments.
“The unpatriotic actions of those in charge of the NLNG Bonny from 2004 till date has resulted in loss of huge revenue that ought to be shared to all tiers of the government from the Federation Account for both recurrent and capital development.
“The non-remittance of funds that accrued to NLNG Bonny to the Federation Account from 2004 till date has badly affected all critical sectors of the Nigerian economy and constitute an economic crime,” he said.
Adopting the motion, the House directed its Committee on Gas to “investigate the non-remittance of funds accruing from NLNG Bonny to the Federation Account from 2004 till date and make appropriate recommendations and report back to the House within three weeks”.
News
UK Appoints Peter Vowles as British High Commissioner to Nigeria

The UK Government has announced the appointment of Mr Peter Vowles as the next British High Commissioner to the Federal Republic of Nigeria.

Mr Vowles succeeds Dr Richard Montgomery CMG and is expected to take up his post in Abuja in September 2026. Dr Montgomery remains in post until that time.
Mr Vowles brings extensive diplomatic and development experience to the role, having served as His Majesty’s Ambassador to Zimbabwe from 2023 to 2026 and previously as Ambassador to Myanmar from 2021 to 2022.
He has held senior leadership positions across the FCDO and its predecessor department DFID, including as Transformation Director and Director for Asia, Caribbean and Overseas Territories.
Earlier in his career, Mr Vowles worked in international development across South Asia, Central Africa and East Africa, including postings in Bangladesh, India, the Democratic Republic of Congo and Kenya. He began his career in Zimbabwe, where he worked in education and development.
Peter Vowles said: “I am honoured to be appointed as British High Commissioner to Nigeria. Nigeria is a country of immense importance to the United Kingdom, and I look forward to working closely with Nigerian partners to strengthen our relationship across trade, development and security.”
News
Nigeria’s Apapa, Tin Can Ports Make Global Top 20 Improvement List

World Bank has ranked the Apapa and Tin Can Island Port complexes in Lagos among the world’s 20 most improved ports in its 2025 Container Port Performance Index (CPPI), released in June 2026.

The ranking places both ports in the “Top 20 Port Improvement Since 2020” category, reflecting significant gains in operational efficiency and vessel turnaround time.
The CPPI is a global benchmark used to assess the efficiency of container ports based on factors such as cargo handling speed, ship turnaround time and overall logistics performance.
According to the report, the improvement highlights ongoing reforms and modernization efforts within Nigeria’s maritime sector.
The Managing Director of the Nigerian Ports Authority (NPA), Mr Abubakar Dantsoho, attributed the recognition to ongoing policy reforms and infrastructure upgrades in the sector.
He said the development reflects the impact of economic policies of President Bola Tinubu and the support of the Minister of Marine and Blue Economy, Mr Adegboyega Oyetola.
“With the investor-friendly policies of President Bola Ahmed Tinubu providing the impetus for increased investment to drive our port infrastructure and equipment modernisation programme, coupled with the unflinching support of the Honourable Minister of Marine and Blue Economy, Adegboyega Oyetola, we have all it takes to further enhance trade facilitation, improve competitiveness and boost the national economy,” he said.
The NPA said the recognition is expected to strengthen investor confidence in Nigeria’s maritime sector and enhance the country’s position as a regional trade and logistics hub.
It noted that improvements in port operations are already contributing to increased efficiency in cargo movement and reduced delays at key terminals.
The authority also pointed to ongoing efforts to modernise port infrastructure and expand digital systems aimed at improving service delivery.
Earlier in February 2026, the NPA said the federal government had intensified efforts to position Nigeria as a leading maritime destination through port rehabilitation and modernization projects.
It also highlighted public-private partnership initiatives, including developments at the Lekki Deep Sea Port, as part of broader reforms aimed at improving efficiency and attracting investment.
The CPPI ranking is expected to further boost Nigeria’s maritime profile and encourage additional investment in the sector.
News
PalmPay Joins Industry Leaders @ Digital Pay Expo 2026

As digital payment adoption continues to grow across Nigeria and emerging markets, the next phase will depend not just on innovation, but on the strength, reliability, and trustworthiness of the infrastructure behind it.

While the ecosystem has made clear progress in recent years, trust remains a critical issue for users, businesses, and operators alike. Questions around resilience, security, interoperability and transaction reliability continue to shape how the market evolves and how confidently digital payments can scale.
These issues will be central to the deliberations at Digital Pay Expo 2026, where fintech leaders, payment operators, and other ecosystem stakeholders will gather under the theme, “Seamless Digital: Fostering Pan-African Market Expansion in the Era of AI.”
PalmPay’s participation reflects its continued commitment to building trusted and scalable payment infrastructure, while contributing to the broader industry efforts to strengthen systems, standards, and partnerships needed to support long-term ecosystem growth.
Speaking ahead of the event, Olorunfemi Hanson, Head of Marketing and Communications at PalmPay Nigeria, said: “As the financial services ecosystem continues to grow, trust and reliability become even more important.
“The industry’s next phase will be shaped not only by innovation, but by the strength of the infrastructure supporting it. Digital Pay Expo provides an important platform to address the resilience, interoperability, and trust issues that will shape the future of digital payments growth across Africa.”
The event, scheduled to be held from the 17th to the 18th of June, 2026, will feature Chika Nwosu, Managing Director of PalmPay Nigeria, alongside other distinguished guests, including the Director-General, Payment System Management Department (PSMD), Central Bank of Nigeria. The event will examine how the industry can balance innovation, regulation, and scalability while strengthening trust across the digital payments value chain.
For PalmPay, this event reinforces its role in supporting a more resilient, secure and scalable payments ecosystem for Nigeria and emerging markets more broadly.
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