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Reps Accuse NNPC, NCC, Others of Diverting N9 Trillion

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Hon. Aminu Tambuwal, speaker of the House of Representatives,
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A House of Representatives’ report has revealed that some revenue generating agencies have short-changed the Federal Government N8.8 trillion and the report listed the agencies to include; Nigerian National Petroleum Corporation (NNPC); and Nigerian Communications Commission (NCC) among others.

The agencies collectively generated N9.3trillion but remitted only N174.9bilion to the treasury between 2009 and last year according to the House report.

The agencies have acted contrary to the Fiscal Responsibility Act (FRA), 2007 and a 2011 Federal Ministry of Finance directive.

The FRA allows agencies to remit to the Treasury based on their annual operating surplus framework. The Finance ministry’s directive requested them to remit 25 per cent of their gross collection to the Treasury.

Independent revenue derived from Internally Generated revenue (IGR), is 100 percent dedicated to the Federal Government – to the exclusion of other tiers of government.

The agencies were supposed to have remitted N3.06trillion generated in 2009 as independent revenue, but they sent in N46.8billion or 1.53 percent to the Treasury.

The report also revealed that in 2010, the agencies generated N3.07trillion, but remitted N54.1bilion  or 1.76 percent to the Federal Government.

In 2011, N3.17trillion was generated, but only 2.33 per cent or N73.8b was remitted to the Treasury.

NNPC and its subsidiaries generated N6.1trillion (excluding proceeds from crude oil and gas) during the period but remitted nothing to the Federal Government.

A general analysis of the agencies’ submission (excluding the NNPC’s) shows expected remittance of N189billion as at October, last year.

Only N80bilion had been paid to the Treasury (42 per cent compliance), leaving a shortfall of N109billion.

Some of the agencies apart from the NNPC, and NCC are: Federal Capital Territory (FCT), Federal Airports Authority of Nigeria (FAAN), Nigerian Maritime Administration and Safety Agency (NIMASA), Nigerian Ports Authority (NPA), Nigerian Broadcasting Commission (NBC) and the Federal Mortgage Bank (FMBN) among others.

With the exception of the Central Bank of Nigeria (CBN), all the agencies prepared and submitted their audited accounts to the office of the Auditor General outside the time stipulated in the Fiscal Responsibility Act, 2007.

The report of the House Committed on Finance on independent revenue generation and remittances to the Consolidated Revenue Fund by government-owned agencies that was considered yesterday by the lawmakers, however, praised five agencies for attempting to adhere to the FRA to some extent by regularly remitting their independent revenues to the Federal Government.

These are: CBN, Federal Radio Corporation of Nigeria (FRCN), Nigerian Television Authority (NTA) and two others.

 Abdulmumin Jubrin, chairman of the committee presenting the report, said between 2009 and 2011, the NNPC and all its subsidiaries generated N6.132trillion as Internally Generated Revenue (IGR), but remitted no part of it to the Federal Government.

According to him, the money excluded what was generated from crude oil and gas sales.

The report also revealed that the Federal Inland Revenue Service (FIRS) provided confusing accounting figures of its independent revenue in 2009.

While N5.6m was declared, when the agency’s audited account was reviewed, another sub-head of N323m was discovered.

According to the committee’s findings and in consonance with the submission of the Fiscal Responsibility Commission (FRC), most of the reviewed agencies were found culpable of not adequately making returns to the Treasury as well as also preparing different sets of account.

The agencies were found to have always prepared one account for the FRC and another for the Auditor General’s office.

The lawmakers, in adopting the recommendations of the report, mandated the Finance Committee to work on the Fiscal Responsibility Act (FRA) 2007 within four weeks so as to check various loopholes that enable government agencies spend what they generate without recourse to the National Assembly.

The Committee on Finance is to probe other agencies that were not captured in this exercise to ascertain their status.

“Agencies that have refused to cooperate with the committee are to do so within seven days or Section 89 of the constitution will be invoked on them.

The other recommendations are that: The Ministry of Finance should compel agencies which have outstanding balances to be paid to pay up immediately;

•Any agency found to be spending outside budgetary provisions should be punished;

•All revenues due to the Consolidated Revenue Fund of the Federal government must be paid as and when due;

•The Accountant General of the Federation should submit to the Committee a detailed monthly report of remittances of Federal Government independent revenue;

•The FRC should sanction any agency that fails to submit its audited annual account as and when due;

• All agencies should henceforth present evidence of remittances into the Consolidated Revenue Account to the relevant Committees of the House during their budget performance defence; and

• The Federal Ministry of Finance should immediately ensure that all funds hidden in various agencies’ bank accounts should be mopped up and promptly remitted to the Consolidated Revenue Fund and report to the Finance Committee within three months”.

The shortfall of remittances of some of the agencies are: Nigerian National Petroleum Corporation (NNPC)-N6.1trillion; Federal Capital Territory (FCT)-N7.7b; Central Bank of Nigeria (CBN-N45.5b; Federal Airport Authority of Nigeria (FAAN)-N6.9b; Nigerian Maritime Administration and Safety Agency (NIMASA)-N1.4b; National Agency for Food, Drug Administration and Control (NAFDAC)-N1b; Nigerian Port Authority (NPA)-N11.1b; Nigerian Communications Commission (NCC)-N3.3b; Nigerian Broadcasting Commission (NBC)-N211.7m; Federal Mortgage Bank (FMBN)-N300.4m; West African Examination Council (WAEC)-N2.5b; National Sports Commission (NSC)-N3.7m; Standards Organization of Nigeria (SON)-N252.7m; Federal Road Safety Commission (FRSC)-N410.9m; Federal Housing Authority (FHA)-N221.2m;

Nigeria Shippers Council-N6.4m; Nigeria Deposit Insurance Corporation (NDIC)-N8.8b; Nigerian Airspace Management Agency (NAMA)N3.6b; Industrial Training Fund (ITF)-N4b; Corporate Affairs Commission. (CAC)-N2b; Bank of Industry (BoI)-N3b; and Joint Admissions and Matriculation Board (JAMB)-N1.4b.


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Nigeria, Others Lag Behind as Egypt Tops Africa in AI Readiness

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Nigeria and other Sub-Saharan Africa countries rank ninth out of nine global regions as Egypt has emerged as Africa’s leading country in artificial intelligence readiness, ranking first on the continent and 51st globally in the 2025 Government AI Readiness Index published by Oxford Insights.

The impressive ranking has been lauded as underscoring North Africa’s growing influence in the global AI race.

According to Egypt’s Ministry of Communications and Information Technology (MCIT), the country scored 57.5 points out of 100, climbing 14 places from 65th in 2024.

The Nile nation also ranked fourth in the Middle East and North Africa (MENA) region, behind Saudi Arabia, Israel and the United Arab Emirates.

The Oxford Insights index assesses 195 governments using 69 indicators across six pillars, including policy capacity, governance, AI infrastructure, public sector adoption, development and diffusion, and resilience.

Egypt topped the Policy Capacity pillar globally with a perfect score of 100, tying with the UK, Serbia and Australia, an indicator of strong national AI policymaking and institutional readiness.

Oxford Insights noted that countries such as Egypt are “expanding the use of AI across national priorities while shaping policies to strengthen domestic AI ecosystems,” although gaps in infrastructure and talent development remain in some contexts.

MCIT minister Amr Talaat attributed Egypt’s strong performance to deliberate government action.

“This achievement reflects our efforts to integrate artificial intelligence into public services and accelerate digital transformation through Egypt’s second National AI Strategy. We are positioning Egypt as a regional AI hub while ensuring AI delivers real economic and social value,” he said.

Launched for 2025–2030, Egypt’s National AI Strategy targets sectors such as healthcare, justice and public administration, while aiming to train 30 000 AI specialists by 2030 and raise AI’s contribution to GDP to 7.7%.

Talaat also highlighted Egypt’s cybersecurity credentials when he highlighted that the country ranked among the top 12 globally in the ITU’s Global Cyber security Index.

Regionally, the results expose sharp contrasts across Africa. Sub-Saharan Africa ranks ninth out of nine global regions, with an average score of 28.04, reflecting persistent gaps in AI infrastructure and public sector adoption.

However, countries such as Kenya, South Africa, Mauritius and Nigeria lead the sub-region, while Rwanda and Ethiopia are gaining momentum through innovation hubs and policy reforms.

In contrast, the MENA region ranks fifth globally, buoyed by significant investment in AI infrastructure and policy capacity, particularly in Gulf states.


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SERAP Sues INEC Over Alleged ₦55.9Bn Election Funds Diversion

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Socio-Economic Rights and Accountability Project (SERAP) has dragged the Independent National Electoral Commission (INEC) to court over the alleged failure to account for ₦55.9 billion reportedly meant for the procurement of election materials for the 2019 general elections.

SERAP Sues INEC Over Alleged ₦55.9Bn Election Funds Diversion

The grave allegations are documented in the latest annual report published by the Auditor-General on 9 September 2025.

In the suit number FHC/ABJ/CS/38/2026 filed last Friday at the Federal High Court in Abuja, SERAP is seeking: “an order of mandamus to direct and compel INEC to account for the missing or diverted N55.9 billion meant to buy smart card readers, ballot papers, and other election materials for the 2019 general elections.”

SERAP is also seeking: “an order of mandamus to direct and compel INEC to disclose the names of all contractors paid the N55.9 billion for the procurement of smart card readers, ballot papers, result sheets, and other election materials for the 2019 general elections, including the names of their directors and shareholders.”

In the suit, SERAP is arguing that: “INEC must operate without corruption if the commission is to ensure free and fair elections in the country and uphold Nigerians’ right to participation.”

SERAP is also arguing that, “INEC cannot ensure impartial administration of future elections if these allegations are not satisfactorily addressed, perpetrators including the contractors involved are not prosecuted and the proceeds of corruption are not fully recovered.”

According to SERAP, “INEC cannot properly carry out its constitutional and statutory responsibilities to conduct free and fair elections in the country if it continues to fail to uphold the basic principles of transparency, accountability and the rule of law.”

SERAP is also arguing that, “These allegations also constitute abuse of public office and show the urgent need by INEC to commit to transparency, accountability, clean governance and the rule of law.”

SERAP also said, “Allegations of corruption in the supply of smart card readers, ballot papers, result sheets and other election materials directly undermine Nigerians’ right to participate in elections that are free, fair, transparent, and credible.”

The lawsuit filed on behalf of SERAP by its lawyers, Kolawole Oluwadare, Kehinde Oyewumi, and Andrew Nwankwo, read in part: “These grim allegations by the Auditor-General suggest a grave violation of the public trust, the Nigerian Constitution 1999 [as amended] and international anticorruption standards.”

“According to the recently published 2022 audited report by the Auditor General of the Federation (AGF), the Independent National Electoral Commission (INEC) ‘irregularly paid’ over N5.3 billion [N5,312,238,499.39] ‘to a contractor for the supply of Smart Card Readers for the 2019 general elections’.

“The contract was awarded without prior approval from the Bureau of Public Procurement (BPP) and the Federal Executive Council. The payment was also ‘made without any document. There was no evidence of supplies to the commission.’”


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FG Inaugurates N40Bn CCTV Control Centre for Third Mainland Bridge

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Federal government has inaugurated a ₦40 billion closed-circuit television (CCTV) control centre for the Third Mainland Bridge in Lagos.

FG Inaugurates N40Bn CCTV Control Centre for Third Mainland Bridge

Speaking at the inauguration on Sunday, David Umahi, minister of Works, said the project followed extensive rehabilitation works carried out on the bridge after the current administration took office in 2023.

“When we came on board in 2023, we met a very terrible Third Mainland Bridge,” Umahi said, adding that the structure, along with Carter and Iddo bridges, required comprehensive re-evaluation and repairs both above and below water level.

He said President Bola Tinubu approved the total rehabilitation of the bridge, including replacement of expansion joints, noting that the completed work had improved driving conditions and extended the bridge’s lifespan.

Umahi said the CCTV system, first announced in 2025, was designed to curb dangerous driving, prevent suicide attempts and strengthen security.

He added that security personnel would monitor live footage from the control centre and enforce speed limits on the bridge.

The minister commended the China Civil Engineering Construction Corporation (CCECC), which executed the project, for what he described as high-quality delivery. He said the contract also included a surveillance boat and two Hilux vans, which would be handed over to the police to support monitoring and rapid response.

“The idea is that we can see everything that is happening on the bridge,” Umahi said, expressing concern over excessive speeding and urging motorists to comply with traffic regulations.

Earlier, Olufemi Dare, federal controller of works in Lagos, said the facility was the first of its kind on any bridge in Nigeria.

He said the system allows real-time monitoring of activities on the bridge and surrounding waters.

Dare said the project includes 240 solar panels, 10 inverters, a 300 KVA transformer, a standby generator, multiple monitoring screens and full air-conditioning for the control centre.

He added that the contract also covers 1,268 solar-powered street lights and a borehole facility.

According to Dare, the project was awarded at a cost of ₦40.17 billion, with about ₦36 billion paid so far to the contractor. He said the current inauguration marked the first phase, with additional commissioning planned once work on the bridge’s extension is completed.

He thanked the president for approving the project and praised Umahi for ensuring due process during its execution.


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