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NASACOF describes Obaseki’s Claim as unscrupulous mischief 

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By Yaseer Ahmad

A joint of non governmental organisations popularly known as Non-State Actors Consultative Forum (NOSACOF) Comprising
Kano,Katsina,Zamfara,Imo,Kaduna,Niger and Sokoto State Chapters have described the claims of printing N60 billion made by the Edo state governor Godwin Obaseki as unscrupulous mischief.

This was contained in a statement signed and issued to news men by NOSACOF join coordinator Omaru Ibrahim adding that is a deliberate Attack on Minister of Finance, Budget and National Planning.

The statement said, NOSACOF are deeply troubled by the increasing use of disinformation and tainted truth by some politicians to misguide and misinform public about government policies for mischief political agenda.

According to the statement, over the last 6 – 7 years, Nigeria was faced with challenging financial and economic problems characterised by a series of increased inflation, unemployment and Naira depreciation. This is because; Nigeria is a mono economy, dependent on crude oil exportation for its survival and importation of virtually everything.

It said, Unfortunately previous administrations lead by the People’s Democratic Party (PDP) failed to use the crude oil earnings to diversify the economy nor save for rainy days. Instead most of these earning were stolen through unscrupulous contract awards as well extravagant spending by government officials.

The statement maintained that, the incoming President and his administration had to embark on numerous fiscal and economic policies that will increase government revenues, reduce unemployment rate and cut down on imports.

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According to the statement, Unfortunately, members of the People’s Democratic Party (PDP) whose administrations were responsible for Nigeria’s economic woes have been nothing but a nuisances and Sometimes they sort into blackmailing government officials, just to deter them from implementing the needed economic policies.

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“Recent happening regarding the unscrupulous claims by the Governor of Edo State Mr Godwin Obaseki that the Central Bank of Nigeria printed N60 Billion which was shared as federation allocations was nothing but to gain cheap political points against the APC led administration.

“And as usual members of his party have jumped on this opportunity to politically harass and blackmail the Honourable Minister of Finance, Mr Zainab.Facts and figures of the revenues shared as federal allocations in March 2021 shows that, all revenues were listed accordingly.

“VAT – N157.327 billion, Petroleum Profit Tax (PPT) – N137.583 billion, remittances by the Department of Petroleum Resources (DPR) – N133.583 billion, Nigeria Customs Service (NCS) – N89.350 billion, Company Income Tax (CIT) and related taxes – N66.356 billion, remittance by Nigerian National Petroleum Corporation (NNPC) remitted – N64.161 billion, remittance by the Ministry of Mines and Steel Development (MMSD) – N976 million.

The statement maintained that, the Overall a gross income of N649.336 billion was recorded, however, after 13 percent derivation payment to oil-producing states were netted off, the total revenue to be shared reduced to N596.944 billion. After N8.645 billion withdrawn from the forex equalisation fund account is added, a grand total of N605.589 was shared by the three tiers of government.

The breakdown shows that the federal government receive N205.160 billion as its share, while the 36 states received N166.085 billion and the 774 councils N122.853 billion and oil-producing states shared an additional N37.143 billion as derivation payment.

According to the statement, it is common practice in both developed and developing countries to print money during difficult economic times, the responsibility mostly lies on the advice and suggestions made by the Central Bank.

The statement maintained that, the Nigeria’s CBN governor Mr Godwin Emefiele has personally addressed the issue of printing and have made it clear that printing money is a responsibility of the Central Bank and it is mainly done for intervention measure.

The statement then, called on the public to disregard the media campaign of calumny against the person the Honourable Minister Mrs Zainab Ahmad and urged the minister to keep giving her best for the betterment of our beloved country.

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JUST IN: El-Rufai Detained as Bail Ruling Adjourned to April 14

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By Yusuf Danjuma Yunusa

Operatives of the Department of State Services on Wednesday took former Kaduna State governor, Nasir El-Rufai, into custody moments after proceedings at the Federal High Court in Kaduna.

El-Rufai, standing trial over alleged corruption, had just concluded a hearing on his bail application filed by the Independent Corrupt Practices and Other Related Offences Commission when DSS operatives bundled him into a waiting vehicle and drove him away, reportedly heading to Abuja.

A heavy DSS presence around the court before the hearing had fuelled speculation that the former governor might be taken into custody.

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Security sources said vehicles had been strategically positioned around the court prior to proceedings.

El-Rufai had arrived at the court at about 9:05 a.m. in a Hilux van, drawing attention from security personnel and observers.

Speaking to journalists after the proceedings, lead defence counsel, Oluwole Iyamu (SAN), confirmed that the court had fixed April 14 for ruling on the bail application.

“The bail application was argued and responded to, and the ruling has been fixed for April 14.

“We look forward to that day. We are hopeful. We have put our arguments before the court, and this is a court of justice.

“We await the decision of the court,” he added.

He also noted that the defence team is prepared for a related case scheduled for April 10 at the Federal High Court in Abuja, describing it as “a separate matter.”

“That is a separate matter. As lawyers, we are ready. We have filed all necessary processes and will be in court. That is the DSS matter,” he said.

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Court Ends NNPP Crisis, Restores Party Leadership to Founder

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The Court of Appeal sitting in Owerri has delivered a decisive judgement in the protracted leadership crisis within the New Nigeria People’s Party (NNPP), affirming Boniface Okechukwu Aniebonam as the recognised leader of the party.

In its ruling, the appellate court set aside an earlier decision of the Abia State High Court in Uzuakoli, which had vacated its previous judgement delivered in favour of the faction led by Aniebonam.

The appellate court held that the lower court erred in granting a motion that effectively reversed its own earlier judgement, thereby upholding all three grounds of appeal filed by the Aniebonam-led faction.

The dispute stems from a November 2024 judgement of the Uzuakoli High Court in Suit No. HUZ/11/2024, which had recognised the Board of Trustees of the NNPP under Aniebonam. However, in June 2025, the same court granted an application that set aside that ruling, following a motion filed by Rabi’u Musa Kwankwaso.

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Dissatisfied with the reversal, the Aniebonam faction approached the Court of Appeal in Owerri (Appeal No. CA/OW/271/2025), arguing that the trial judge lacked the jurisdiction to sit on appeal over his own judgement.

Delivering its verdict, the Court of Appeal agreed with the appellants, restoring the earlier judgement and effectively recognising Aniebonam as the legitimate leader of the party he founded in 2001.

Legal representation in the matter saw Onitsha-based senior counsel, Sir Azubike Anazor, appear for Aniebonam, while Abuja-based Eyitayo Fatogun, SAN, represented Kwankwaso.

The NNPP, which fielded Kwankwaso as its presidential candidate in the 2023 general elections, has been embroiled in internal disputes over its leadership structure, with rival factions laying claim to control of the party.

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JUST IN: Adelabu Resigns as Power Minister to Pursue Oyo Governorship Bid

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By Yusuf Danjuma Yunusa

The Minister of Power, Adebayo Adelabu, has resigned his appointment to focus on his governorship ambition in Oyo State.

Adelabu disclosed this in a resignation letter addressed to the President Bola Ahmed Tinubu on Tuesday, and routed through the Secretary to the Government of the Federation.

In the letter titled “Resignation as Honourable Minister of Power”, Adelabu expressed gratitude to the President for the opportunity to serve in his administration.

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He said it was a privilege to contribute to efforts aimed at strengthening Nigeria’s power sector in line with the administration’s Renewed Hope Agenda.

Adelabu added that his decision to step down was to enable him fully pursue his aspiration to contest for the office of Governor of Oyo State.

He noted that the move would allow him to dedicate his time and resources to the political ambition.

The former minister also conveyed his appreciation and respect to the President for the confidence reposed in him during his tenure.

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