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FG To List Withdrawal Guidelines For Govt Accounts
Published
3 years agoon
By
Editor
The Nigerian Financial Intelligence Unit is set to announce new guidelines on cash withdrawals from all government accounts on Thursday, January 5, 2023.
This was contained in a document exclusively obtained by our correspondent on Tuesday night.
In December 2022, The PUNCH exclusively reported that the NFIU was putting all necessary measures in place to stop cash withdrawals from federal, state, and local government areas’ bank accounts. The Director and Chief Executive Officer, NFIU, Modibbo Tukur, made this revelation at a parley with the Chairman, Independent National Electoral Commission, Prof. Mahmud Yakubu, in Abuja.
He said, “Because of the consistent devaluation of the naira and the introduction of a new naira policy, section one of the Money Laundering Prohibition Act is automatically activated.”
Tukur further stated that most cash withdrawals from government accounts including payments for estacode are often more than the cash withdrawal limit provided by the Money Laundering Act.
This, he said, exposed innocent public servants to be liable to imprisonment. He added that the NFIU is developing an advisory to the Secretary to the Government of the Federation, all governors, and local government council chairmen to direct all public servants to open domiciliary and naira accounts ahead of the commencement of the policy which becomes compulsory by law.
READ ALSO: CBN Bows To Pressure, Raises Weekly Withdrawal Limits
He also noted that governors and council chairmen will need to organise training for market men and women on how to use ATM and POS services, while refuting reports making the rounds that the NFIU will block the Federal Government’s accounts in January 2023.
In November 2022, The PUNCH also reported that the NFIU flagged suspicious transactions valued at over N150tn between January and March 2022, according to its ‘suspicious transaction report/suspicious activity report.’
The development followed an announcement by the Economic and Financial Crimes Commission and NFIU officials that they had intensified surveillance on campaign spending by political parties and their candidates ahead of the 2023 polls.
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The Minister of Solid Minerals Development, Dele Alake, has directed mining marshals to seal an illegal gold mining site in Gwagwalada, Federal Capital Territory, to avert potential environmental hazards.
This was contained in a statement signed by the Special Assistant on Media to the Minister, Segun Tomori, on Wednesday.
This follows an earlier operation on August 16, 2025, which led to the recovery and sealing of another site around the District 2 Extension layout in Gwagwalada, where 16 suspects were arrested.
Authorities confirmed that the suspects will be prosecuted soon.
READ ALSO:FG Shuts 22 Illegal Tertiary Institutions
He said, “Following reports of illegal gold mining in the Gwagwalada area of the Federal Capital Territory, the Minister of Solid Minerals Development, Dele Alake, has directed the mining marshals to seal off the site to mitigate potential environmental hazards.”
Preliminary findings revealed that artisanal miners invaded the Gwagwalada area after a gold vein was accidentally discovered during the digging of a soakaway pit near a residential property.
The latest incident occurred on farmland behind CKC in Gwagwalada.
Upon receiving intelligence on renewed unlawful mining activity, “Alake promptly ordered the deployment of mining marshals to secure the site,” the statement read.
READ ALSO:FG Security Agency, Nigerian Army Move To Tackle Illicit Small Arms, Light Weapons
During an on-the-spot assessment on Wednesday, officials of the ministry led by the Director of Mines Inspectorate, represented by the Deputy Director, Sunday Okhuoya, “expressed satisfaction with the level of compliance with the minister’s directive, disclosing that relevant departments of the ministry have launched a thorough investigation to unravel the root of these incidents whilst recommending measures to prevent a recurrence.”
Commander of the Mining Marshals, Assistant Commandant of Corps John Onoja, confirmed that “his team has established 24-hour surveillance over both affected sites, pending the outcome of the Federal Government’s ongoing inquiry.”
Alake, cautioning residents to steer clear of the areas, reiterated the Federal Government’s resolve to eradicate illegal mining activities nationwide.
He also disclosed that the ministry was fast-tracking the deployment of satellite surveillance technology to monitor mining operations and strengthen enforcement capacity.
News
Ondo Bans Graduation Ceremonies In Primary, Junior Secondary Schools
Published
16 minutes agoon
August 27, 2025By
Editor
The Ondo State Government has banned private schools from organising graduation ceremonies for pupils of nursery and primary schools, as well as students of Junior Secondary School in the state.
The state Commissioner for Education, Professor Igbekele Ajibefun, on Wednesday, said this was part of the decision of the state government to sanitize the education sector of the state.
According to the commissioner, other decisions included the prohibition of illegal and unregistered schools, the banning of graduation ceremonies for nursery schools and the re-accreditation of all private schools for quality assurance.
Ajibefun, who spoke with all proprietors and proprietresses of schools in the 18 local government areas, in Akure, the Ondo State Commissioner for Education, Science and Technology, Professor Igbekele Ajibefun, declared that the state government was poised to reposition the education sector and was taking deliberate steps to encourage and support private school owners through different policies.
READ ALSO:Benue Bans Nursery Graduations, Customised Textbooks In Schools
The Commissioner said, “My interactions start with private school owners because the private sector plays a critical role as you are major stakeholders in the education business. It is more serious than any other business.
“It is obvious that things have gone bad in the education sector; there are urgent issues we need to address so that we can bring back the lost glory.
“The schools operating illegally in the state would be given a six-month grace period to get approval, and the state would review the conditions for school approval to make it easier.
“When you run an unapproved school, you are running an illegal business. This administration will not allow illegalities, and that is the reason we are reviewing it. In the next couple of weeks, the new conditions will be rolled out. All private schools operating in the state must meet minimum standards.
“We are also banning elaborate graduation ceremonies, especially for nursery and JSS classes in state.”
Ajibefun also stressed that the state would no longer tolerate schools organizing excursions without approval or clearance from the Ministry due to the state of security in the nation.
He advised private school owners to be circumspect on the issue of making extra lessons compulsory after normal classes.
READ ALSO:Another Ondo Varsity’s Female Student Killed By Boyfriend
On the reuse of textbooks, the government has banned the exploitation of parents through the purchase of new textbooks every year, stating that siblings of a particular pupil can continue to use the same textbook for a period of time.
The commissioner also mentioned that the process of digitizing all schools in the state was in progress, noting that all students in the state’s primary and secondary schools would soon be migrated to the digital platform of the Ministry of Education.
News
FG Security Agency, Nigerian Army Move To Tackle Illicit Small Arms, Light Weapons
Published
12 hours agoon
August 27, 2025By
Editor
The National Centre for the Control of Small Arms and Light Weapons (NCCSALW), Northeast Zonal Centre, under the Office of the National Security Adviser to the President has partnered with the Nigerian Army to fight the menace of the proliferation of illicit small arms and light weapons in the country.
Speaking during a courtesy visit to Brig.-Gen. U.V Unachukwu, the General Officer Commanding (GOC) 7 Division, Nigerian Army Headquarters in Maiduguri on Wednesday, Maj-:Gen Abubakar Adamu (Rtd), the Northeast Zonal Coordinator, NCCSALW Northeast Zonal Centre, said the collaboration was necessary in mopping up Small Arms and Light Weapons (SALW) in the Zone.
While stating the negative impact the proliferation of illicit SALW has on peaceful coexistence in the nation and its socio-economic activities, Adamu pledged the Centre’s continuous cooperation with the Division especially in intelligence sharing which he said, was paramount in preventing the proliferation of this SALW in the country.
READ ALSO: FG Predicts Heavy Rainfall, Flood In Seven States
“One of our responsibilities is to prevent the proliferation of small Arms and Light Weapons and to also enlighten the people. We are a multi agency department and we have the police, the DSS, and also retired military officers as well as serving military officers.
“We have been empowered to receive all illicit small arms and light weapons that have been retrieved from all the agencies and we are the people responsible to destroy them
“We are also the only organization empowered to prosecute gun runners and all the people that have been arrested in terms of dealing with small arms and light weapons.
“What we are doing is to visit major stakeholders and to also share intelligence, information and to collaborate because we know without the armed forces, there is no way we can eradicate the proliferation of small Arms and Light Weapons,” he said.
READ ALSO: FG Predicts Heavy Rainfall, Flood In Seven States
He further commended the Nigerian Army for always being at the forefront in ensuring that country is safe for all to live in, promising to strengthen the partnership in order to further make the country a better place for all to live.
Responding, Brig.-Gen. U.V Unachukwu promised the Division’s support to the Zonal Centre so as to achieve its mandate while recalling the pass records of the Zonal Director as a result-oriented senior officer.
He also commended the Centre for working hand in hand with all the security agencies, traditional rulers and key stakeholders, adding that this would go a long way in mopping up and tackling the proliferation of illicit Small Arms and Light Weapons in the country.
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