News
Former Taraba Governor Darius Ishaku Arrested for N27bn Fraud
Former Taraba State Governor Darius Ishaku has been arrested by the Economic and Financial Crimes Commission (EFCC) over alleged involvement in a N27 billion fraud. His arrest occurred early Friday at his Abuja residence, following a covert investigation into financial misconduct during his eight-year tenure, which ended in 2023.
Sources indicate Ishaku was detained after failing to provide satisfactory explanations for the financial irregularities. EFCC spokesperson Dele Oyewale confirmed the arrest but offered no further comments.
Reports suggest that at least 15 charges have been filed against Ishaku, and he is expected to be arraigned in court soon as the agency compiles evidence against him. His arrest coincides with ongoing investigations into former Kogi State Governor Yahaya Bello, who faces allegations of embezzling N80.2 billion.
News
Ngozi Okonjo-Iweala Says Nigeria Lacks a Maintenance Culture
The Director-General of the World Trade Organization (WTO), Ngozi Okonjo-Iweala, has spoken on Nigeria’s economy, stating that the country lacks a good maintenance culture.
She said “The fact is that endowments alone do not add value. Budgetary allocations alone do not lead to new roads or good maintenance.”
“We lack a maintenance culture in the country. I have to say that. I’m Nigerian, but we need that. We need better ports and digital infrastructure, and lower trade costs. Execution is what matters, and successful execution requires focus. It requires prioritisation.”
News
Peter Obi Criticises President Tinubu’s Statement on Hunger
Politician and former presidential candidate Peter Obi speaks on President Bola Tinubu’s comments regarding the rising hunger and worsening economic situation in Nigeria.
It can be noted that the President recently stated that hunger has always existed in Nigeria.
Peter Obi responded “I watched with deep concern the statement made by President Bola Tinubu to the Catholic Bishops, that there has always been hunger in Nigeria, even before he was born.”
“While it is true that hunger has been a part of human life and has existed in our country for decades, such a statement appears insensitive to the plight of the millions of Nigerians who face worsening economic hardship today.”
News
Nigerian Army Launches New IED Training Programme
Reports have been shared stating that the Nigerian Army has launched a new programme designed to train and improve the skills of engineers in tackling threats posed by Improvised Explosive Devices (IEDs).
The seminar is being organised by the 41 Engineer Brigade of the 1 Division Nigerian Army.
It was stated “Improvised Explosive Devices have become one of the greatest security threats confronting the Nigerian Army in ongoing counter-insurgency operations. Their widespread use has complicated military operations and humanitarian activities in conflict-affected areas.”
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