Category : Search result: UBEC funds


Jersey Returns $9.5m Looted Funds to Nigeria

Nigeria recovers over $9.5 million in looted assets from Jersey. The funds, forfeited by a court, will be used to complete the vital Abuja-Kano Road project. Read more.

NASS to Empower Tinubu Against LGA Fund Looting

Senator Sunday Karimi says the National Assembly will enact laws to enforce Supreme Court's LGA autonomy ruling and prosecute governors siphoning funds. Read the full story.

US Appeals Harvard Funding Ruling in Legal Battle

The Trump administration appeals a court order to release $2.7 billion in frozen research funds to Harvard University. Get the latest on this major legal and education funding battle.

Anambra Auditor-General Raises Alarm Over N750m

Anambra's Auditor-General reveals N750 million is unaccounted for in 2024, an improvement from N2.5bn in 2023. Experts call for transparency and citizen engagement to curb corruption.

Tinubu to Governors: Release LG Funds for Autonomy

President Bola Tinubu has called on Nigeria's 36 governors to comply with the Supreme Court judgment by handing over local government allocations. He insists true autonomy depends on it.

Fubara: ₦600bn in Rivers Coffers After Emergency Rule

Governor Siminalayi Fubara reveals he met over ₦600 billion in Rivers State's treasury after emergency rule, defending his administration's transparent spending. Read details of the executive-legislature tension.

Supreme Court Strikes Out Osun's Suit on LG Funds

Nigeria's Supreme Court dismisses Osun State's suit over withheld LG allocations, ruling the AG lacked standing. The court condemned the FG's action as unconstitutional. Read the full details.

Tinubu Makes Fresh Appointments to Key Federal Boards

President Bola Tinubu has approved new appointments to the boards of UBEC, the Bank of Agriculture, and the National Agricultural Development Fund (NADF). Get the full list of appointees and their geopolitical zones here.

Tinubu Names Al-Makura, Others to Key Boards

President Bola Tinubu has approved new board appointments for NADF, Bank of Agriculture, and UBEC. Senator Umaru Tanko Al-Makura retains his role as UBEC chairman. Read the full list of appointees.

Supreme Court Dismisses Osun Suit on LG Funds

The Supreme Court has struck out Osun State's suit to compel FG to release LG funds, citing lack of locus standi. Read the full details and implications of the judgment.

Supreme Court Dismisses Osun's LG Funds Suit

Nigeria's Supreme Court has dismissed Osun State's suit to compel the Federal Government to release withheld local government allocations. Read the full details and implications of the verdict.

Reps to Debate 87 Constitution Amendment Bills Wednesday

Nigeria's House of Representatives begins debate on 87 constitution amendment bills, including state police and women's seats. Lawmakers also probe missing ₦30bn NSIPA funds. Follow the crucial legislative process.

Reps Probe Missing ₦30bn NSIPA Funds

The House of Representatives investigates the whereabouts of over ₦30bn recovered from NSIPA, demanding its release to restart vital poverty-alleviation programmes. Read the full story.

NCSCN: Ikoyi Funds Vindicate Ex-NIA Boss Oke

NCSCN declares ex-NIA DG Ayodele Oke vindicated in $43m Ikoyi case, backs his ambassadorial nomination. Calls for better inter-agency coordination to protect national security.

NASC to refund N6.93bn for inflated contracts

Audit report reveals National Assembly Service Commission inflated contracts by N6.93bn without due process. Chairman ordered to account for funds or face sanctions. Read full details.

Ex-Coach Accuses NFF of Misusing $960K FIFA Funds

Former Super Falcons coach Randy Waldrum exposes NFF's alleged misuse of $960,000 FIFA preparation funds. Discover the shocking details and calls for accountability in Nigerian football.

NFF Faces $960,000 World Cup Fund Scandal

Former Super Falcons coach Randy Waldrum exposes NFF's alleged mismanagement of $960,000 FIFA World Cup preparation funds. Discover the shocking details of missing training camps and restricted staff.

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