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N109bn Fraud: How Suspended AGF Idris, Compromised TSA, GIFMIS, IPPIS, for Personal Gains

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AGF Idris with accomplices in court

 

Fresh facts have emerged on how former suspended Accountant-General of the Federation, Ahmed Idris compromised the Treasury Single Account , TSA, Government Integrated Financial Management Information System , GIFMIS, Integrated Payroll and Personnel information system , IPPIS, and carted away billions of naira belonging to the government.

Idris and his co-defendants: Godfrey Olusegun Akindele, Mohammed Kudu Usman are standing trial in a N109 billion fraud before Justice A. O. Adeyemi Ajayi of the Federal Capital Territory High Court, FCT, Maitama, Abuja.

At the resumed trial of the case on Thursday, July 28, 2022 , Chief Investigative Officer of the case and Prosecution Witness One , PW1, Chief Superintendent of the EFCC , CSE Hayatu Sulaiman Ahmed, while being led in evidence by the prosecuting counsel, Rotimi Jacobs SAN, told the court that the investigations by the EFCC showed that, Idris while in office, compromised key units under his care like the TSA, GIFMIS and IPPIS that led to loss of funds by the government. Idris allegedly used the funds in constructing properties like the Gezawa Exchange Limited, Gezawa Integrated Farms, and Kano City Mall.

“.. We had cause to invite several individuals who had transactions with the Gezawa Commodity and Exchange Limited and found one Baita Ibrahim Kura of B I Kura Ibrahim, a Bureau de Change, BDC, operator based in Kano. We invited him and cautioned him and he voluntarily wrote a statement, claiming he made several payments like N208 million into Gezawa Commodity Market with Jaiz bank”, he said.

The witness further told the court that Ibrahim also admitted to have paid the sum of N866 million to one Architect Mustapha Mukhtar of Marsc Construction Limited for the construction of Gezawa Commodity Market and Exchange limited.

“My Lord, investigation showed that, Ibrahim received United States dollars from the first defendant. We also found out that agitation from the nine oil producing states, regarding derivation from the excess crude account, was tabled before the Federal Account Allocation Committee, FAAC and the committee came up with a figure of about $2.2 billion as what was due to the nine oil producing states, and these amount was to be deducted over a 60 months period on quarterly basis”, he said.

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The witness further told the court that 11.5% of this figure amounting to N44.7 billion was put aside as payments to some public officials to facilitate payments to the oil producing states.

“After the determination of this committee, my lord, some companies, Akindele and Co, a company owned by the second defendant, Godfrey Olusegun Akindele was presented under the guise of consultancy .

“My Lord, until recently, the second defendant, Akindele was a staff in the office of the AGF, and Technical Assistant to the first defendant. Investigation revealed that N84.39 billion was paid into Akindele’s bank accounts. According to the witness, another transaction occurred on February 12, 2021 with N 21billion paid into his account.

The witness further revealed that aside the payment of money that was made on February 12, 2021, other payments were made on May 6, 2021, and between July 28, 2021 and November 5, 2021 amounting to N94.39 billion.

Ahmed further told the court funds were shared to some groups, including the Revenue Mobilization Allocation and Fiscal Commission, RMAFC, represented by one of its Commissioners, Peace Akomas, former Deputy Governor of Abia State, who allegedly collected N18.8 billion . He said the money was withdrawn by Akindele and converted to US dollars and handed over to Akomas.

“The second group is the AGF group and it got a total sum of N18.01 billion.

“The third group, the Commissioners of Finance in the nine oil producing states, received N21.4 billion. The money was withdrawn by Akindele, converted to US dollars and handed over to Akomas on behalf of the group.

“The fourth group is called the Yari group. This group received N17.15 billion. The entirety of the sum was transferred to the account of Fimex Professional Services on the instruction of the representative of this group: Abdulaziz Yari, former Zamfara state governor.

The remaining N8.9 billion naira was retained by the second defendant. Furthermore, N4.29 billion was converted to US dollars by Akindele as appreciation for the consultancy contract, and the balance of N4.6 billion was given to Akindele.

Ahmed confirmed to the court that all his disclosures were confirmed by the defendants in writing, in their statements admitting to have collected all the monies.

Also, properties purchased with the funds by the first and third defendants were traced to various locations in Abuja, Kano, and Minna, Niger state.

Earlier, Justice Ajayi admitted the defendants to bail on the terms earlier granted by the EFCC. One of the bail conditions is that, the defendants should not leave the jurisdiction of the court without the court’s permission, and their passports deposited with the court’s registrar and in no circumstance should any of the defendants apply for an alternative passport, as doing so, will revoke the bail terms. They should also depose to an affidavit to adhere to the bail conditions.

In the EFCC’s bail conditions, Idris was granted bail in the sum of N18 billion, and two sureties. One of the sureties should be a Permanent Secretary, and the other a Director in the Federal Civil Service with bond of N100,000,000 ( One Hundred Million Naira) each.

Akindele was admitted to bail in the sum of N20 billion and two sureties who must be Directors in the Federal Civil Service and Usman was granted bail in the sum of N200 million and two Directors in like sum.

The Judge thereafter adjourned the matter to August 10 and 11, 2022 for continuation of trial.

Visit our website: www.efcc.gov.ng

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President Tinubu Extends Customs Boss Tenure By Six Months

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By Yusuf Danjuma Yunusa

President Bola Tinubu has approved a final six-month tenure extension for the Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, allowing him to remain in office until February 2027.

The Presidency announced the extension in a statement issued on Friday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga.

According to the statement, Adeniyi’s previous tenure extension was due to expire on August 1, 2026, but President Tinubu approved an additional six months to enable him consolidate key reforms within the Customs Service and ensure a smooth leadership transition.

The Presidency said the extension would allow the Customs boss to complete the implementation of the National Single Window initiative, a major trade facilitation programme designed to streamline import and export processes, reduce bureaucratic bottlenecks and enhance revenue generation.

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“The six-month extension, which will expire in February 2027, is to enable him to consolidate the implementation of the National Single Window and ensure an orderly succession in the service,” the statement said.

During the transition period, Adeniyi is expected to work closely with the Nigeria Customs Service Board to oversee the promotion of qualified officers to the rank of Comptroller of Customs and facilitate the mandatory retirement of officers who have attained the age of 60 years or completed 35 years in service.

The move is also aimed at ensuring stability within the service while maintaining operational efficiency and continuity in ongoing reforms.

Adeniyi, a seasoned customs officer and public relations expert, joined the Nigeria Customs Service after graduating from Obafemi Awolowo University in the late 1980s.

Over the years, he rose steadily through the ranks of the service. He was promoted to Deputy Comptroller in 2012, Comptroller in 2017, and Assistant Comptroller-General in 2020.

In January 2023, he was appointed Acting Deputy Comptroller-General before President Tinubu named him Comptroller-General of Customs in June 2023.

Since assuming office, Adeniyi has spearheaded a number of reforms aimed at modernising customs operations, enhancing revenue collection, strengthening border management and improving trade facilitation across the country.

The latest extension underscores the administration’s confidence in his leadership and its commitment to sustaining ongoing reforms within the Nigeria Customs Service.

The extension is expected to provide the Customs Service with sufficient time to complete critical institutional processes and prepare for a seamless transition to a new leadership at the expiration of Adeniyi’s tenure in February 2027.

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Oshiomhole Calls for Change of NSCDC’s Name

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By Yusuf Danjuma Yunusa

Senator Adams Oshiomhole (APC-Edo), representing Edo North Senatorial District, has called for the review of the name of the Nigeria Security and Civil Defence Corps (NSCDC).

Mr Oshiomhole made the call on Friday in Abuja, at the unveiling of the NSCDC FCT Commandant Olusola Odumosu’s book, titled “Nigeria’s Security Dilemma: Rivalries and Implications”.

He said that the call for the change of name of the paramilitary agency was imperative in view of the word “Civil” in it, adding that it implied that personnel of the corps were not meant to bear arms.

He said that the NSCDC, saddled with the responsibility to be civil while protecting the nation’s critical national assets and infrastructure, interfaced with hardened criminals in line of duty.

The lawmaker, therefore, questioned how the operatives were expected to be civil when combating vandals, illegal miners and criminals who bear weapons.

“To be civil means you should not bear firearms, so if you do not bear arms to deal with people involved in illegal oil bunkering or destruction of public properties which you have been asked to protect, will you then preach while they carry guns?

“If you want to be civil, how do you deal with hardened criminals? If these criminals carry sophisticated weapons, you fighting them should not carry a less sophisticated weapon.

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“When I see service chiefs holding meetings and I don’t see the commandant general (CG) of civil defence, I am like, There is something missing,” he said.

He noted that no single security agency could deal with insecurity both at the sub-national and national levels alone.

Mr Oshiomhole said that in tackling insecurity, it was imperative for Nigerians, including politicians and security agencies, to put aside their differences and understand Nigeria is only one.

According to him, President Bola Tinubu will continue to apply all measures necessary to ensure Nigeria is safe and insecurity reduced to the barest minimum.

The senator commended the author for speaking out through his book on how to tackle insecurity through effective synergy and communication sharing among security agencies.

“It is commendable that you put out your thoughts while in the system and not outside the system, as it is much more dangerous to speak truth to power,” he said.

Also speaking was a security expert, Tyor Terhemba, the reviewer of the book, who said that Nigeria’s security challenges called for collective efforts towards combating banditry, terrorism, and kidnapping, among other criminalities.

“This is a time to have all hands on deck to collectively fight the enemies of the state; hence, it is not a time of rivalry but to be united,” he said.

Mr Terhemba said that the book re-echoed the need for unity, synergy between security agencies, regional and international partnerships, areas of potential conflict, and the role of intelligence sharing.

According to him, it also talks about political interference, ambiguous laws, accountability, security sector reforms, communication systems, and other topics.

Meanwhile, the author, Mr Odumosu, said that the book looked at security from a holistic perspective, as there was a need for a united front.

“No one has a monopoly of wisdom or strategy, so there is a need to tackle insecurity from a common front.

“Obviously there have been issues of unhealthy inter-security agency rivalries, which have been a pain to coordinate national responses to our security challenges.

“I looked at it from the perspective where all security agencies can understand that we must have the same goal whether our mandates are interwoven or not.

“We have a collective responsibility to ensure peace and order in Nigeria,” Mr Odumosu said.

The commandant reiterated that when security agencies continue to fight each other or see one another as competitors rather than a united front, a lot of work will still need to be done.

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7,450 Tertiary Institution Workers Get N13bn Loans

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By Yusuf Danjuma Yunusa

The federal government has disbursed about N13 billion worth of interest-free loans to 7,450 academic and non-academic workers across 153 public tertiary institutions nationwide.

In a statement issued on Friday, Boriowo Folashade, director of press and publications at the federal ministry of education, said the disbursement forms part of the 2025/2026 cycle of the Tertiary Institutions Staff Support Fund (TISSF).

According to the ministry, the intervention reflects President Bola Tinubu’s commitment to improving the welfare, financial wellbeing and productivity of education workers under the renewed hope agenda.

Established by the ministry of education and administered by the Bank of Industry (BOI), the TISSF provides interest-free loans of up to N10 million to eligible staff of public universities, polytechnics and colleges of education.

The loan is designed to help beneficiaries address personal and professional needs while enhancing their overall wellbeing.

The statement said Tinubu reaffirmed his administration’s commitment to investing in personnel driving teaching, learning, research and innovation across tertiary institutions.

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The ministry added that the programme is helping to ease financial pressures on education workers, improve livelihoods and strengthen the workforce responsible for shaping Nigeria’s future.

Tunji Alausa, minister of education, described the scheme as a critical component of the ministry’s broader education reform agenda and urged eligible staff to take advantage of the next application window.

According to the minister, “no education system can outperform the people who sustain it”.

He said investments in infrastructure, technology, skills development, research and institutional reforms must be complemented by practical measures that improve staff welfare and quality of life.

Alausa added that the successful completion of the 2025/2026 phase demonstrates both the strong demand for and positive impact of the intervention.

He said the programme complements ongoing efforts to strengthen teaching and learning, support research and innovation, improve institutional governance, and build a more resilient and globally competitive education system.

“Since disbursements commenced on 28 October 2025, the programme has processed over 42,000 applications through its digital platform, providing support to beneficiaries across all six geopolitical zones of the country,” the statement reads.

“Universities accounted for 52 per cent of disbursements, while colleges of education and polytechnics represented 25 per cent and 23 per cent, respectively.”

The ministry said the programme has promoted equitable access nationwide while identifying opportunities to increase participation among female staff and improve uptake in some regions.

Female beneficiaries accounted for 19 percent of recipients during the 2025/2026 cycle, according to the statement.

The statement added that targeted sensitisation and outreach efforts would form a key component of the next phase of implementation.

The ministry said it is enhancing the application process and deepening engagement with participating institutions to ensure a faster, more efficient and user-friendly experience for applicants.

The statement said applications for the 2026/2027 phase of the TISSF will officially open at the end of June 2026, with eligible staff advised to engage their institutions’ bursary departments and monitor official ministry communication channels for further details.

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