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N20bn bailout fund: Make your findings public, Kogi tells EFCC

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Gov. Yahaya Bello of Kogi State
Kogi state Governor, Yahaya Bello
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The Kogi  Government has dared the Economic and Financial Crimes Commission (EFCC) to make public,  report of its investigations on the purported N20 billion bailout fund fraud.

The EFCC in August,  alleged that the N19.3 billion Kogi bailout fund domiciled in Sterling Bank, had been partly misappropriated and the state account frozen on orders of a Lagos High Court.

The News Agency of Njgeria (NAN) recalls that the EFCC  on Friday, withdrew its suit, seeking  forfeiture of  the N20 billion bailout fund.

However, Kogi government  had  kicked against the withdrawal by the EFCC,  charging the anti-graft body to make its findings on the fund public.

In a statement, the Commissioner for Information, Mr Kingsley Fanwo, the state government said  the EFCC despite the withdrawal, should be able to provide  facts of  its investigations.

He also urged Nigerians to ask the EFCC in whose custody it found a part of the bailout fund said to have been dissipated.

Fanwo insisted that the alleged sum of N19.3 billion which Sterling Bank had undertaken to the EFCC to transfer to the Central Bank of Nigeria,  does not belong to the Kogi  government, and that the state did not enter into any agreement, either with Sterling Bank or the EFCC, to return any bailout fund to the CBN as being portrayed.

“It is our belief that the  withdrawal of the suit by the EFCC without informing the Court of the facts,  is a deliberate and face-saving effort by the commission,    all in a bid to ‘nail’ at all cost, the Kogi government and tarnish its image,” Fanwo said.

He said  the EFCC violated an earlier order of the court, as it failed to report its findings to the court, rather it unceremoniously withdrew the suit, without facts of its investigation   to the court and the public.

According to him, residents of Kogi  and indeed Nigerians at large,  should rather ask the EFCC to publish on its official platforms,  the report of its investigation as to the ownership of the said sum of N19,333,333,333.36,  and the whereabouts of the sum of N666,666,666.64, which they alleged had been dissipated.

The commissioner further said: “Nigerians should further ask the EFCC whether a commercial bank can  simply undertake to transfer a customer’s money from the customers’ account without the order of any court mandating such transfer or a forfeiture?

“Nigerians also deserve to know what becomes of the criminal allegation that the EFCC made,  when it informed the Federal High Court that the sum of N666,666,666.64  out of the N20 billion bailout loan had been dissipated and that same was being traced.

”Nigerians will  want to know if the EFCC has found the money, if so, in whose custody was it found? Have charges been preferred against the custodian of the said funds.

”Or has the EFCC also abandoned that chase? Nigerians deserve to know the truth.

“We have as of October 2019,  fully disbursed our bailout funds and are already religiously repaying the loan to Sterling Bank Plc,” he  clarified.

The government spokesman said that  concealing these inalienable facts of the matter would be  misleading and unethical.

“Finally, while we reserve all our legal rights against the EFCC, we reiterate our demand for an unreserved apology from the EFCC as contained in our letter to the Chairman of the EFCC on  Sept. 6.

“We hope the EFCC will honour the said demand to regain the trust of Nigerians,” Fanwo said.

He disclosed that the Kogi  government had, as revealed in freshly published documents, sought further clarifications from Sterling Bank to drive home its innocence in the matter.

The commissioner said:  “Buoyed by the strength of our innocence, the Kogi  government on Oct. 4, wrote to Sterling Bank, seeking further clarifications on the contentious account. The Bank did not only reinforce their earlier stance that the account is a Mirror Account; it also made it unequivocally clear that the Kogi  government has nothing to do with the opening or operation of the account.

“All of these facts are in their reply received by the Kogi  government on Oct. 5.

‘”The state government again urges  the  commission to tender public apology to it  and refrain from  measures that can  further damage the image of the nation,”  Fanwo said. (NAN)

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Christmas 2025: Senator Opeyemi Bamidele Calls for Peace, National Reflection and Unity

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Senate Leader, Senator Michael Opeyemi Bamidele
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The Leader of the 10th Senate, Senator Opeyemi Bamidele, CON, has called on Nigerians to embrace peace, love and national unity as Christians across the country celebrate Christmas 2025.

In a Christmas message issued on Wednesday, December 25, Senator Bamidele described the birth of Jesus Christ as a timeless source of hope, redemption and salvation for humanity, noting that His message remains relevant in addressing contemporary national and global challenges.

According to the Senate Leader, Christmas offers Nigerians another opportunity to reflect on the state of the nation and the welfare of its citizens, irrespective of religious affiliation. He urged both Christians and Muslims to draw lessons from Christ’s message of love, reconciliation and peaceful coexistence, rather than resorting to violence in the pursuit of personal or collective grievances.

Senator Bamidele emphasized that Christ’s love transcends religious boundaries, describing it as a unifying force capable of healing broken relationships, reconciling divided communities and fostering national cohesion, stability and rebirth.

He further stressed that enduring peace is fundamental to sustainable development, economic growth and good governance at both national and sub-national levels. According to him, only in an atmosphere of peace and mutual understanding can citizens freely pursue their aspirations without fear or hindrance.

The Senate Leader therefore urged Nigerians to become ambassadors of peace, harmony and positive engagement, while rejecting hate speech, violence and divisive tendencies.

He concluded by wishing Nigerians a Merry Christmas and a prosperous New Year in advance.

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Tinubu Renames Federal University of Medical Sciences, Azare, After Late Islamic Scholar Sheikh Dahiru Usman Bauchi

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President Bola Ahmed Tinubu has approved the renaming of the Federal University of Medical Sciences, Azare, Bauchi State, in honour of the late renowned Islamic scholar, Sheikh Dahiru Usman Bauchi.

The President announced the decision on Saturday during a condolence visit to the family of the revered cleric at his country home in Bauchi State. According to Tinubu, the renaming is aimed at immortalising the scholar’s enduring legacy and his immense contributions to humanity, religious scholarship, and peaceful coexistence.

“From today onward, I announce this change of name to immortalise him. The Federal University of Medical Sciences, Azare, Bauchi State, will from today be known as Sheikh Dahiru Usman Bauchi University. May God bless his memory,” the President declared.

Describing the passing of the cleric as a “great national loss,” Tinubu said Sheikh Dahiru Bauchi lived a life defined by humility, selfless service, and unwavering dedication to the propagation of Islam, peace, and moral values across communities.

He prayed for Allah’s mercy upon the soul of the late scholar and asked that he be granted Aljannatul Firdaus. The President also prayed for strength and comfort for the family, the government, and the people of Bauchi State, urging Nigerians to continue to pray for peace, unity, and national harmony.

Speaking on behalf of the family, the eldest son of the late cleric, Sheikh Ibrahim Usman Bauchi, expressed profound gratitude to the President for the condolence visit, prayers, and the honour bestowed on their father. He also thanked Bala Mohammed, Governor of Bauchi State, for his consistent support to the family.

In his remarks, Governor Mohammed commended the President for honouring the family and Bauchi State, describing the gesture as a fitting recognition of Sheikh Dahiru Bauchi’s lifelong commitment to faith, education, and national unity. He noted that the late scholar’s influence transcended Bauchi and Nigeria, touching lives across generations.

The President was accompanied on the visit by the Speaker of the House of Representatives, Tajudeen Abbas; the Governor of Yobe State, Mai Mala Buni; and Seyi Tinubu, among other top government officials.

Tinubu arrived at the Sir Abubakar Tafawa Balewa International Airport, Bauchi, at about 4:09 p.m., where he was received with a guard of honour by the Nigerian Air Force. He was welcomed by Governor Bala Mohammed; the Governor of Plateau State, Caleb Mutfwang; the Coordinating Minister of Health and Social Welfare, Ali Pate; the Minister of Foreign Affairs, Yusuf Tuggar; and the Senator representing Bauchi South Senatorial District, Shehu Buba.

The condolence visit formed part of the President’s broader engagements to commiserate with the family and followers of the late Islamic scholar, whose influence and contributions to Islamic learning and spiritual leadership spanned decades across Nigeria and beyond.

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Tinubu Begins Multi-State Tour, Heads to Borno, Bauchi and Lagos

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President Bola Ahmed Tinubu
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President Bola Ahmed Tinubu is scheduled to depart Abuja on Saturday on a multi-state visit that will take him to Borno State, Bauchi State and Lagos State, as part of official and personal engagements.

The President’s first stop will be Borno State, where he is expected to commission a number of projects executed by the state government under Governor Babagana Zulum, in collaboration with the Federal Government. The projects are part of ongoing efforts to strengthen infrastructure, governance and post-conflict recovery in the North-East.

While in Maiduguri, President Tinubu will also attend the wedding ceremony of Sadeeq Sheriff, son of former Borno State Governor and Senator, Ali Modu Sheriff, and his bride, Hadiza Kam Salem.

From Borno, the President will proceed to Bauchi State for a condolence visit to the state government and the family of Sheikh Dahiru Bauchi, the late Islamic scholar and spiritual leader of the Tijjaniyya Muslim Brotherhood. The revered cleric passed away on November 27, drawing tributes from across Nigeria and beyond for his decades of religious scholarship and leadership.

Following the condolence visit, President Tinubu will travel to Lagos State, where he will spend the end-of-year holidays. During his stay, the President is expected to participate in several engagements, including serving as Guest of Honour at the annual Eyo Festival scheduled for December 27.

The festival, to be held at Tafawa Balewa Square, will honour notable personalities, including President Tinubu’s mother, Alhaja Abibatu Mogaji, as well as former Lagos State governors Lateef Jakande and Michael Otedola.

The trip underscores the President’s blend of official duties, cultural engagements and personal commitments as the year draws to a close.

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