The Economic and Financial Crimes Commission (EFCC) has arrested Timber Kesiye Wabote, former Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), over allegations of misappropriating $35 million linked to the stalled Brass Project in Bayelsa State. The investigation links Wabote to a misuse of public funds intended for a large-scale refinery and … Read more
Amidst Nigeria’s recent fuel price surge, public affairs analyst Sabo Muhammad has called on President Bola Ahmed Tinubu to suspend the management of the Nigeria National Petroleum Company Limited (NNPCL) and initiate a thorough investigation into the company’s affairs. In an exclusive interview on Saturday, Muhammad expressed his concerns about the lack of a forensic … Read more
The Federal Government, through Attorney General Lateef Fagbemi, warned Local Government Area chairmen of imprisonment for mismanaging FAAC funds. EKO HOT BLOG reports that the Federal Government has issued a warning to Local Government Area chairmen against mismanaging funds allocated by the Federation Accounts Allocation Committee (FAAC), threatening imprisonment for those involved. This warning was delivered … Read more
Trouble For Kwankwaso As NNPP Drags Him To Court Over Alleged Fraud. Allegations include mismanagement of NNPP funds and exploitation of the party for personal gains. Kwankwaso accused of using NNPP to advance the Kwankwasiya movement. EKO HOT BLOG reports that the New Nigeria People’s Party (NNPP) has filed a petition with the Economic and Financial … Read more
Speculations arise regarding former Kogi Governor Yahaya Bello’s alleged plan to leave the country amidst EFCC investigation. Sources suggest Bello aims to join his wife and investments in a North African nation after narrowly escaping arrest during an EFCC raid in Abuja. Critics condemn Bello’s tenure, alleging mismanagement, corruption, and oppression in Kogi State. EKO … Read more
Eko Hot Blog reports that the National Chairman of the Labour Party, Mr. Julius Abure has reportedly been arrested by Security Operatives. This news medium gathered that the LP chairman was apprehended in Benin City, Edo State, on Wednesday. The circumstances leading to his arrest are not clear at this time, however, it is widely … Read more
EKO HOT BLOG reports that the Nigeria Postal Service (NIPOST) is under intense scrutiny after revelations of irregularities and possible misappropriation of N10 billion in restructuring funds. A Senate probe has been launched following discoveries of alleged illegal transfers of federal government shares in NIPOST subsidiaries to private individuals. EDITOR’S PICKS [BREAKING] 2024: Tinubu Addresses Nigerians, … Read more
EKO HOT BLOG reports that the House of Representatives Public Accounts Committee, on Monday, kicked off a full-scale probe into the alleged mismanagement of COVID-19 intervention funds by ministries, departments and agencies of government. A member of House of Representatives, Nyampa Zakari, had in October moved a motion for the probe of MDAs, accusing … Read more
EKO HOT BLOG reports that the suspended Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has been in the custody of the Department of State Services (DSS) for 67 days, refusing to cooperate with investigators probing him for alleged financial impropriety. Bawa according to Punch, has refused to cooperate with investigators from … Read more
The Kano State Public Complaints and Anti-corruption Commission has recommended the suspension of the Emir of Kano, Muhammadu Sanusi. The commission said during its investigation, it uncovered that N3.4 billion was misspent by the emirate under Sanusi. The amount was said to have been misappropriated between 2014 and 2017. The recommendation was contained in a … Read more
President Muhammadu Buhari said, yesterday, that the Federal Government was doing its best to correct and reverse the terrible mismanagement the country had experienced in previous administrations in the country. President Buhari, who stated this when he received a delegation of non-career ambassadors, who were at State House, Abuja, to congratulate him on his … Read more