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Former Delta Governor Ifeanyi Okowa Detained by EFCC Over Alleged Misappropriation of N1.3 Trillion

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Former Delta State Governor, Ifeanyi Okowa, remains in Economic and Financial Crimes Commission (EFCC) custody in Port Harcourt for a second night, as investigations continue into alleged misappropriation of N1.3 trillion in state funds. Okowa, who served as the People’s Democratic Party (PDP) vice-presidential candidate alongside Atiku Abubakar in the 2023 election, responded to an EFCC summons on Monday but has since been held while investigators assess the charges.

The Delta State chapter of the All Progressives Congress (APC) has endorsed Okowa’s detention, viewing it as a significant step in combating corruption in Nigeria.

APC spokesperson Valentine Onojeghuo criticized Okowa’s term, alleging “reckless borrowing” and a “high debt profile” with limited infrastructure development to show for it.

The APC stated Okowa’s arrest signals that no official, regardless of rank or affiliation, is beyond accountability.

Reports indicate Okowa faces additional allegations involving N40 billion purportedly invested in UTM Floating Liquefied Natural Gas shares and private equity in a Nigerian bank, allegedly using state funds.

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Investigators are also examining Okowa’s acquisition of properties in Abuja and Asaba, Delta State, for personal use.


 

 

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‘My Reforms Have Stabilised Nigeria’s Economy’ — President Tinubu

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President Bola Ahmed Tinubu has stated that his administration’s economic reforms have helped stabilise Nigeria’s economy and placed the country on a path toward steady growth.

He said “My reforms have stabilised Nigeria’s economy and put it on a path of steady growth.”

The President added that the reforms are creating more opportunities for development across the country.

However, many Nigerians reacted online, with some questioning the impact of the reforms and saying they have yet to experience the positive effects.


 

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Nyesom Wike Says He Knows Civil Servants Don’t Like Him

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Nigerian politician and FCT Minister, Nyesom Wike, has said that he is aware many civil servants do not like him.

He shared that he understands why he is unpopular among some civil servants, explaining that funds previously spent on unnecessary conferences are now being redirected to road construction projects.

He said “Some people say conferences for corruption and I say what is that? You are going for conferences to do what? These are ways government funds are being diverted. I say put this money in this road here and the people will get the impact.”


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FG Clears the Air on Rumours of Adire Replacing NYSC Uniform

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The Federal Government of Nigeria has reacted to rumours claiming it has approved Adire as the new fabric for the NYSC uniform.

It can be recalled that the Federal Government recently announced plans to review the NYSC uniform, which sparked speculation online that Adire had already been selected as its replacement.

However, the government has clarified that no final decision has been made regarding the new uniform.

“I mentioned Adire during the discussion. I also mentioned Ankara. My intention was simply to cite examples of some of the proposals that have been put forward in the course of our consultations. It was not an announcement that any particular fabric has been adopted or approved to replace the current NYSC uniform.”


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