Audit Bill Stalled in Senate Since 2023, Risks Public Funds
AdvoKC Foundation warns Nigeria's Senate delay on the Audit Service Bill, 2023, weakens financial oversight, enabling theft. Urges immediate passage to protect public money.
Category : Search result: public fund theft
EKEDC Accuses Hotels, Wealthy of Major Power Theft
EKEDC CEO reveals high-income residents and hotels are major culprits of electricity theft, worsening Nigeria's power crisis. Discover the impact and the smart metering solution.
Project Enlighten: Ilupeju Public Library Gets Major Facelift
Rachisols Foundation unveils renovated Ilupeju public library under 'Project Enlighten', aiming to remodel 10 Lagos libraries by 2030. Discover how this initiative empowers learners.
LSSTF Launches Team to Monitor Security Assets in Lagos
LSSTF CEO Dr Ayo Ogunsan inaugurates a monitoring team to track vehicles and assets for the RRS, ensuring transparency and accountability in Lagos security funding. Read more.
2026 World Cup Winners to Get $50 Million Prize Money
FIFA announces a record $655 million prize fund for the 2026 World Cup, with winners earning $50 million. See the full breakdown for all 48 teams.
IBEDC Blames Power Outages on Reduced Grid Supply
IBEDC attributes prolonged power outages in its franchise area to reduced allocation from the national grid. The company is engaging TCN for a solution while cracking down on energy theft.
CFG Africa's ₦1bn Ethical Fund Targets 2026 Growth
CFG Africa unveils a ₦1 billion ethical fund for Sharia-compliant investments. Experts at the Lagos forum urge policy shifts to boost Nigeria's real economy. Discover the strategic path for 2026.
Two Arrested for Telecom Vandalism in Osun
Osun NSCDC arrests a driver and scrap dealer for vandalising telecom sites in Eripa and Otan Ayegbaju, recovering stolen batteries. Two suspects remain at large. Read more.
N37.59tr Maritime Trade Renews Call for Local Shipping
Nigeria's massive N37.59 trillion sea trade in Q3 2025 highlights a critical need for a strong indigenous shipping industry. Experts warn of billions in annual losses and urge action on the dormant Cabotage Fund to reclaim maritime wealth.
Two Guards Arrested for Stealing Bauchi Govt Vehicle
Bauchi Police apprehend two 19-year-old security guards for allegedly stealing a government Toyota Hilux. The vehicle was recovered at Bauchi Club. Full details on the ongoing investigation.
Agbero Flees With Woman's Bottle of Fanta in Lagos
A Lagos woman was left distressed after a tout, known as an 'agbero', snatched her bottle of Fanta and fled. The incident, captured on video, has ignited discussions on public safety. Read the full story.
Five Public Officers Honoured for Integrity in Service
Accountability Lab Nigeria awards five public servants for honesty and impact. The initiative aims to rebuild trust and shift accountability towards incentives and recognition.
Councillor jailed for stealing £150k from charity
Sean McKiernan, a former councillor, gets 3 years 9 months for stealing £150,000 from a mental health charity to fund drugs and escorts. A shocking breach of trust.
Police Arrest Guards Over Theft of Bauchi Govt Vehicle
Bauchi Police arrest two security guards for allegedly stealing an official L-PRES Project vehicle. The Toyota Hilux was recovered swiftly. Read details of the case and police statement.
Thieves Steal Church Speakers, AC; Pastor in Pain
A Nigerian pastor is heartbroken after thieves raided his church auditorium, carting away speakers and an air conditioner. The incident raises security concerns for places of worship. Read the full report.
Dangote: Oil Mafia Steals $82M, Sabotages Refinery
Aliko Dangote reveals a powerful cartel stole $82 million from his refinery, alleging sabotage worse than drug mafias. He calls for action against local and international saboteurs.
LSSTF Boss Urges Innovation to Tackle Lagos Security
Lagos State Security Trust Fund's new CEO, Dr. Ayo Ogunsan, outlines a modern, collaborative strategy for tackling security challenges, including public donations and a major town hall meeting on December 11.
Man Apologises to Wizarab Over False Cancer Fund Claims
A Nigerian man retracts false allegations against influencer Wizarab, accused of tampering with funds for Aunty Esther's cancer treatment. Wizarab's detailed rebuttal highlights key inconsistencies.
Arewa Youths Demand Forensic Probe of FIRS, RHIDF
The Arewa Consultative Youth Movement joins calls for a forensic audit of FIRS and the RHIDF, demanding Chairman Zacch Adedeji step aside. Read the full story on the growing national agitation.
Lawmaker seeks sack of Finance Minister over N4tr debt
Rep. Ikenga Ugochinyere calls for the dismissal of Finance Minister Wale Edun and FIRS Chairman Zacch Adedeji over N4 trillion unpaid contracts, accusing them of sabotaging Tinubu's agenda. Contractors protest non-payment.
France Boosts Nigeria's GBV Fight with Economic Empowerment Projects
France reaffirms commitment to Nigeria's fight against Gender-Based Violence, investing in 21 local projects across 16 states. Ambassador Marc Fonbaustier highlights economic autonomy as key to protecting women. Read more.
Nigerian Sentenced to 20 Years in US for Major Fraud
Oluwaseun Adekoya, a Nigerian resident in New Jersey, has been sentenced to 20 years in a US federal prison for masterminding a sophisticated $2 million identity theft and bank fraud operation. Read the full details of the multi-state scheme.
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.
Police Arrest Bandit Financiers, Thieves in Sokoto, Zamfara
Sokoto State Police Command has arrested suspects funding bandits through cattle sales and smashed a motorcycle theft syndicate in a coordinated cross-border operation. Commissioner declares end to criminal safe havens.
SEC Alerts Public on Unregistered Glorious Wealth Fund
Nigeria's SEC warns against investing with Glorious Wealth Fund (GWF), an unregistered platform. Investors report inability to withdraw funds. Verify companies on SEC portal to avoid fraud.
SEC Flags Glorious Wealth Fund as Unauthorised
Nigeria's SEC warns against Glorious Wealth Fund (GWF), an unlicensed online investment platform. Learn the red flags of Ponzi schemes and how to protect your money.
Ex-NAHCO staff jailed for stealing 25kg drug at Lagos airport
NAHCO Aviance explains how it uncovered, arrested, and helped prosecute a former junior employee for stealing 25kg of ephedrine hydrochloride from its Lagos airport warehouse. Read the full story.
Benue PDP Chief Rejects Northern Security Fund
PDP chieftain Bemgba Iortyom rejects Benue's inclusion in the Northern Security Trust Fund, calling it a flawed plan that diverts state resources. He criticises Governor Alia's priorities.
Eko DisCo: Free Meters Only Through Official Portal
Eko DisCo urges customers to apply for free prepaid meters only via its official portal, warning against third-party scams. Learn about the MAF Tranche B scheme and community engagement in Apapa.
Nigeria Gets $100m AfDB Loan for Youth Fund
Nigeria's FEC has approved a $100 million AfDB loan for the Youth Investment Fund and a $50m Islamic Bank loan for Yobe agriculture. President Tinubu pushes for 7% growth.
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