News
Nigerian Government to Hire External Auditor for N2.7 Trillion Fuel Subsidy Review

The Nigerian government has unveiled plans to hire an external auditor to review the N2.7 trillion fuel subsidy claims made by the Nigerian National Petroleum Company Limited (NNPCL).
The goal is to assist the Office of the Auditor-General of the Federation (OAuGF) in determining the actual amount owed by the government to NNPCL for fuel subsidies.
According to official records, a forensic audit will focus on NNPCL’s claims from 2015 to 2021.
It aims to verify the N2.7 trillion withheld by NNPCL, with the Director of Home Finance stating that the OAuGF is still working on the matter.
Additionally, the Ministry of Finance’s Procurement Department has already put measures in place to hire an external auditor, who will support the OAuGF in conducting the review.
In the same meeting, the Chairman of the Commissioners’ Forum and Head of Finance from Ekiti State recommended that the audit period be extended to December 2023, given that the audit process has yet to begin.
This suggestion followed the initial proposal to launch the audit four months earlier during the Federation Allocation Accounts Committee’s April 2024 meeting.
Initially, NNPCL claimed that the government owed a total of N6 trillion for fuel subsidies. However, this amount was reduced to N2.7 trillion after a previous audit conducted by KPMG.
The forthcoming audit will cover six years to ensure accuracy and transparency in reconciling the subsidy claims.
This latest development follows the “subsidy is gone” declaration made by President Bola Ahmed Tinubu on May 30, 2023.
Shortly after this announcement, NNPCL’s Group Chief Executive Officer, Mele Kyari, informed reporters that the Federal Government still owed the company N2.8 trillion in outstanding subsidy payments.
According to Kyari, NNPCL has been covering the cost of petrol subsidies through its cash flow, as the government has been unable to make payments.
He highlighted that despite budgetary provisions of N6 trillion in 2022 and N3.7 trillion in 2023 for fuel subsidies, the Federal Government has not made any payments to NNPCL.
The company has had to absorb the cost, which is now an unsustainable financial burden.
Kyari emphasized that the government still owes NNPCL around N2.8 trillion and that the company cannot continue to carry the financial strain of the subsidy regime much longer.
The decision to engage an external auditor is seen as a crucial step towards resolving these financial discrepancies and determining the accurate amount of subsidy claims owed to NNPCL.
The audit is expected to shed light on the actual amount of debt and could potentially influence future subsidy policies and financial arrangements between NNPCL and the government.
News
President Tinubu to Attend Pope Leo XIV’s Inauguration in Rome

President Bola Ahmed Tinubu is set to travel to Rome this Saturday to attend the inauguration of Pope Leo XIV, the new leader of the Roman Catholic Church. The invitation came directly from Pope Leo XIV, who emphasized the importance of the president’s presence during this significant moment for the Church and a world facing many challenges.
Pope Leo XIV, formerly Cardinal Robert Francis Prevost, will be officially installed as the 267th Bishop of Rome on Sunday, May 18, at St. Peter’s Square in the Vatican.
President Tinubu will be accompanied by key Catholic figures, including the Minister of State for Foreign Affairs, Ambassador Bianca Odumegwu-Ojukwu, Archbishop Lucius Ugorji of Owerri, Archbishop Ignatius Kaigama of Abuja, Archbishop Alfred Martins of Lagos, and Bishop Mathew Hassan Kukah of Sokoto.
Notably, Pope Leo XIV has a special connection to Nigeria, having worked at the Apostolic Nunciature in Lagos during the 1980s. After the ceremony, President Tinubu is expected to return to Abuja on Tuesday, May 20.
News
Makinde Tells Nigerians to Protect Their Culture and Not Let It Disappear

Oyo State Governor, Seyi Makinde, has urged Nigerians to preserve their culture and ensure it doesn’t fade away with time. Speaking through his deputy, Barrister Adebayo Lawal, at the 2025 World Egungun Festival grand finale held in Ibadan, Makinde emphasized the importance of keeping traditions alive.
The event took place at Obafemi Awolowo Stadium in the Oke Ado area and was graced by top dignitaries including Chief Lekan Alabi, who represented the Otun Olubadan of Ibadanland, Oba Rashidi Ladoja, Osun State’s Commissioner for Culture and Tourism, Hon. Ojo Abiodun, Prince Adeola Adelakun of Oje Parapo Worldwide, and Oyo State’s own Commissioner for Culture and Tourism, Dr. Wasiu Olatunbosun.
Makinde stressed that culture and tourism are key focus areas for his administration, and his government is committed to supporting efforts that will keep local traditions thriving. He added that by investing in cultural events and heritage, the state can boost its economy through tourism and increase revenue. He said, “We must not let our culture die. I’m glad to see young people taking part in this celebration, not just the elders.”
News
Governor Adeleke Says Dancing Makes Him Happy and Doesn’t Stop His Good Work

Osun State Governor Ademola Adeleke has called on critics to stop mocking him for dancing in public. He said it’s unfair to judge his leadership based on his love for dancing, adding that expressing himself through dance doesn’t take away from his achievements.
Speaking at a recent event, Adeleke pointed out that many public figures, including fellow governors and even the President, also dance but aren’t ridiculed for it. He made it clear that there’s no rule stopping a public official from dancing as long as it causes no harm.
In a now-viral clip, Adeleke said, “Sanwo-Olu dances, even Tinubu dances. So why should I be attacked for dancing? There’s no law against it.” He urged people to stop making his dance moves a reason to doubt his work.
According to him, “Dancing brings me joy. It’s how I express myself. It’s not hurting anyone, and it doesn’t stop me from doing my job.” Recently, his nephew, music star Davido, praised him as the best governor Osun State has ever had, noting that people doubted his ability because of his fun-loving nature. But over time, Adeleke has silenced the critics with his performance in office.
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