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EFCC Questions Bank CEOs in Connection with ₦44 Billion Fraud Investigation

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The Economic and Financial Crimes Commission is currently interrogating Chief Executive Officers and Managing Directors of Zenith Bank, Providus Bank, and Jaiz Bank in connection with the over N44 billion fraud allegedly uncovered in the Ministry of Humanitarian Affairs and Poverty Alleviation.

Our correspondent gathered that the senior back executives are currently being quizzed by EFCC interrogators at the commission’s headquarters, Jabi, Abuja as of 4.55 pm on Tuesday.

Reports indicate that the suspended Minister of Humanitarian Affairs, Betta Edu, is currently being held and is undergoing interrogation by the EFCC over ₦585million scandal.

Also, Halima Shehu, the embattled Co-ordinator and Chief Executive Officer of the National Social Investment Programme Agency domiciled in the Ministry of Humanitarian Affairs and Poverty Alleviation is being probed by the EFCC over an alleged ₦44bn fraud.

Confirming the probe of the senior bank executives to our correspondent on Tuesday, an EFCC source revealed that Zenith, Providus, and Jaiz banks are being questioned over the ₦44.5bn fraud uncovered in the ministry involving Edu and Shehu.

The source said, “The CEOs and MDs of Zenith Bank, Providus Bank, and Jaiz Bank are currently being grilled by our interrogators here at the headquarters.

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“They were invited and are being probed in connection with the uncovered ₦44bn fraud and the ₦585million involving Halima Shehu and Betta Edu.

“The suspended minister and the coordinator have both made new revelations during their interrogations, and the investigation is still ongoing.”

Edu was suspended by President Bola Tinubu on Monday, over an alleged N585m cash transfer saga.

The suspended minister was invited by the anti-graft agency in compliance with Tinubu’s order that a comprehensive investigation encompassing her activities in the ministry be carried out, a top source in the anti-graft commission told reporters.

Edu’s predecessor, Sadiya Farouq, was queried by EFCC interrogators on Monday, over allegations that she laundered N37.1 billion while serving as a minister in former President Muhammadu Buhari’s cabinet.

Also, Shehu was earlier arrested in connection with an alleged ₦44billion money laundering and had been mandated to report to the EFCC every day following her release last Wednesday.

The NSIPA Coordinator was arrested and taken into EFCC custody Tuesday night following her suspension.

It was learnt that the ₦44bn was suspiciously moved from NSIPA’s accounts into private and corporate accounts linked to persons serving as fronts.

Confirming her release from EFCC custody in a telephone interview with our correspondent on Thursday, the spokesperson for the EFCC, Dele Oyewale said Shehu has been mandated to meet with EFCC interrogators every day as the investigation continues.

Oyewale said, “Halima Shehu has been released, but she is still answering to our interrogators, and she has been mandated to meet with investigators every day as the investigation is ongoing.

“Concerning reports on the ₦44bn and ₦30bn making the rounds, the commission is still tracing all the suspicious transactions, her agency was under the Ministry of Humanitarian Affairs too.

“There’s a lot of money involved because the Ministry and agencies are focused on interventions. Hence, we can’t put a figure to all of the transactions now because the commission is still tracing the transactions.”

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NOA, ICRC Seal Deal to Raise Awareness on Compulsory Gunshot Victim Treatment

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By Yusuf Danjuma Yunusa

The National Orientation Agency (NOA) and the International Committee of the Red Cross (ICRC) have launched a strategic partnership to educate the public on the legal rights of gunshot victims, aiming to end the tragic loss of life caused by delayed medical intervention.

The collaboration was formalized during a high-level meeting at the NOA headquarters in Abuja. Lanre Issa-Onilu, the Director-General of NOA, was represented at the event by the Director of Social Mobilisation, Ayoola Olufemi.

In a statement released via the agency’s official X handle, officials underscored the urgent need to disseminate information regarding the Compulsory Treatment and Care for Victims of Gunshot Act. This federal law, enacted in 2017, mandates that all hospitals must provide immediate emergency care to victims, irrespective of their ability to pay or produce a police report upon arrival.

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“Delays in providing medical treatment to gunshot victims often result in preventable loss of lives,” Olufemi stated. “Many Nigerians are unaware that hospitals are required by law to provide immediate care before demanding police reports, administrative documentation, or financial guarantees.”

Olufemi highlighted that the NOA, with its extensive network of 818 offices across the country, is uniquely positioned to lead this public enlightenment campaign. He stressed that the initiative is designed to empower citizens with knowledge of their rights under the law.

Echoing this sentiment, the Deputy Head of the ICRC in Nigeria, James Matthew, praised the partnership and emphasized the life-saving potential of the campaign. He noted that educating healthcare providers and the general public is critical to ensuring compliance.

“Through NOA’s broad national reach, the ICRC will help ensure gunshot victims receive timely medical care. Improved awareness will save lives, particularly in emergencies,” Matthew said.

The signing ceremony was attended by key stakeholders from both organizations. NOA representatives included the Director of Health and Social Care, Dr. Ayoola Olufemi; Director of Legal Services, Dogo Williams; and Meriam Yakubu. The ICRC delegation featured Humanitarian Affairs Adviser Juliet Kelechi Unudi. Members of the press, including correspondents from the Federal Radio Corporation of Nigeria (FRCN), News Agency of Nigeria (NAN), Armed Forces Radio, Science Newspaper, and Daily Trust, were also present to cover the event.

The nationwide sensitisation campaign is expected to clarify misconceptions about the Act, promote prompt medical intervention, and ultimately save countless lives across Nigeria.

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ADC Slams Tinubu: 63% Poverty Rate Proves Your Economic Failure

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By Yusuf Danjuma Yunusa

The African Democratic Congress (ADC) has sharply criticized the economic policies of President Bola Tinubu, asserting that a new report indicating a surge in the national poverty rate to 63 percent represents the administration’s true performance metric.

In a statement released on Friday, and signed by its National Publicity Secretary, Mallam Bolaji Abdullahi, the opposition party attributed the sharp rise in poverty directly to the President’s “ill-defined neoliberal economic policies,” specifically citing the removal of the petrol subsidy three years ago.

The party described the new data, presented at a policy dialogue in Abuja on Thursday, as a “damning verdict” on the Tinubu administration. According to the ADC, poverty in Nigeria has climbed from approximately 50 percent before the subsidy removal to 63 percent afterward.

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“This verdict reflects the real consequences of the APC government’s hasty removal of fuel subsidy without giving full consideration to how such a serious decision would impact on the livelihoods of ordinary citizens,” the statement read.

The ADC highlighted that the macroeconomic shock from the subsidy removal has triggered cascading costs, driving up the prices of food, transportation, and other essentials. The party argued that while the government justified the policy on the premise of rechanneling funds to health and education, those sectors have not seen improved funding, and citizens have felt no tangible benefits.

Citing independent surveys, the ADC noted a widespread public discontent, with 93 percent of Nigerians believing the country is heading in the wrong direction, 88 percent describing the economy as bad, and 74 percent rating their personal living conditions as poor.

“A large majority of Nigerians report going without basic necessities such as food, clean water, medical care, cooking fuel, and even cash income at different times during the past year,” the statement continued. “For millions of households, economic hardship is no longer a temporary difficulty, it has become daily reality.”

The African Democratic Congress concluded that by the standard measure of whether economic policy improves the lives of citizens and protects the vulnerable, “the APC government has failed.”

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Kano State Approves Over ₦600 Million for Settlement of Electricity Bills,Other Projects 

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Kano State Government has approved the sum of ₦608,394,370.49 for the settlement of electricity bills owed to the Kano Electricity Distribution Company (KEDCO) for five major water treatment plants covering November and December 2025.

 

 

This was disclosed by the State Commissioner for Information, Comrade Ibrahim Abdullahi Waiya, while briefing journalists on the outcome of the 38th Executive Council meeting presided over by Governor Abba Kabir Yusuf at the Government House.

Waiya explained that the council’s decision was part of broader commitments to improve infrastructure, strengthen public services, and enhance socio-economic development across the state. According to him, “After exhaustive discussions, the Council approved several projects and commitments aimed at improving infrastructure, strengthening public services, empowering citizens and enhancing socio-economic development across Kano State.” He noted that the total approvals amounted to ₦310,266,203,046, cutting across key sectors of governance.

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In the education sector, Waiya revealed that the council approved ₦238,020,000 for the purchase of UTME (JAMB) forms to be distributed to eligible candidates across the state. He added that ₦1.54 billion was also approved for the settlement of funds to boarding school suppliers to cover a six-week feeding period. “The Council also approved ₦236,198,174.08 for the settlement of outstanding payments for eggs and chickens supplied to boarding schools across the State,” Waiya stated.

On infrastructure, the Commissioner announced that ₦13.2 billion was approved for the implementation of 2026 constituency projects across the state. He further disclosed that ₦2.9 billion was approved for the reconstruction of Race Course Extension to Audu Bako Way, Alu Avenue, and Commandant Close off Race Course Road in Nassarawa Local Government Area. “Approval was also granted for the rehabilitation and overlay of the Gidan Malam Aminu Kano–Tal’udu–Gadonkaya–Yahaya Gusau–Sharada Road at the cost of ₦1.67 billion,” he said.

Waiya also highlighted approvals in the health sector, including ₦89,710,080 for the procurement of four dialysis machines for the Abubakar Imam Urology Centre and ₦165,637,550 for dental equipment and materials. He stressed that these interventions were aimed at strengthening healthcare delivery in the state.

In the housing sector, the Commissioner announced a major approval of ₦113.19 billion for the construction of a mass housing scheme comprising 480 houses at Rijiyar Gwan-Gwan, tagged “Gida Gida Mega City.” He added that ₦1 billion was also approved for the establishment of an Emergency Operations Management Centre at the Government House.

Other notable approvals included ₦1.34 billion for the 2026 Ramadan Feeding Programme under the Ministry of Religious Affairs, ₦1.7 billion as compensation to households affected by the Transmission Company of Nigeria’s 330KVA transmission line project, and ₦210 million for the production of 10 million seedlings for the 2026 Annual Tree Planting Campaign.

Waiya concluded by emphasizing that the approvals reflect the government’s commitment to sustainable development and improved service delivery. “These approvals and policy decisions clearly demonstrate the commitment of the Kano State Government under the leadership of His Excellency to sustainable development, improved service delivery and the overall wellbeing of the people of Kano State,” he said.

 

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