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    Latest Posts

    Singer 2Baba visits late Sound Sultan’s grave

    Nigerian music icon, Innocent Idibia, popularly known as 2Baba, has paid a visit to the grave site of his late colleague, Sound Sultan. In the...

    Ireti Doyle slams Niyi Akinmolayan over tweet tackling ‘Influencer Actors’

    The veteran actress reacted to tweets made by 'Chief Daddy' director, Niyi Akinmolayan where he tackled actors and critics demanding for challenging roles in...

    Why National Assembly frowns on corruption – Lawan

    The President of the Senate, Ahmad Lawan, has assured the judiciary that the National Assembly is determined to provide any possible support to enable...

    Blasphemy: Ex-IGP son’s partner files for full custody of child

    Irene Nwachukwu, the mother of the child of Jamil Abubakar, has filed for the sole custody of their son over the father’s “extreme religious...

    Reps probe MDAs over N526bn, $21bn revenue leakages, others

    The House of Representatives has resolved to investigate ministries, departments and agencies of the Federal Government over various unremitted revenue and leakages detected by the Office of the Auditor General for the Federation.

    A member of the House, Abdullahi Abdulkadir, moved on a motion on Wednesday to pray the lawmakers to mandate the Committee on Public Accounts, of which he is the Deputy Chairman, to investigate the allegations.

    The motion was titled ‘Need to Investigate the Report of the Auditor General for the Federation on the Accounting and Financial Infractions of Government and International Organisations.’

    Abdulkadir recalled that the Office of the Auditor General for the Federation had raised several queries on the Federation Account, particularly covering 2015 to 2017 “as regards losses of income due to leakages, financial misapplication, misappropriation, under-reporting and falsification and which was corroborated by the Forensic Audit Report by KPMG that indicted some Federal Government Agencies for losses of up to N526bn and $21bn.”

    The lawmaker noted that the losses were allegedly occasioned by an interplay of activities of persons both in the public and private sectors of the Nigerian economy, including multinational companies, “and the continued exploitation of Nigeria’s economy through the deployment of deceitful and irregular accounting practices is resulting in huge capital flight, deficit balances and a weakened economy.”

    He said, “The House is cognisant that if urgent steps are not taken to address those hydra-headed issues, they may lead to a total collapse of the economy with its attendant social and political crisis.”

    Latest Posts

    Singer 2Baba visits late Sound Sultan’s grave

    Nigerian music icon, Innocent Idibia, popularly known as 2Baba, has paid a visit to the grave site of his late colleague, Sound Sultan. In the...

    Ireti Doyle slams Niyi Akinmolayan over tweet tackling ‘Influencer Actors’

    The veteran actress reacted to tweets made by 'Chief Daddy' director, Niyi Akinmolayan where he tackled actors and critics demanding for challenging roles in...

    Why National Assembly frowns on corruption – Lawan

    The President of the Senate, Ahmad Lawan, has assured the judiciary that the National Assembly is determined to provide any possible support to enable...

    Blasphemy: Ex-IGP son’s partner files for full custody of child

    Irene Nwachukwu, the mother of the child of Jamil Abubakar, has filed for the sole custody of their son over the father’s “extreme religious...

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