Connect with us
...

News

N10.4 Billion Judgement debt: Senate indicts Malami-led Justice Ministry

Published

on

The office of the Attorney-General and Minister of Justice, Abubakar Malami has been indicted in the disbursement of N10.4 billion judgement debt settlement to beneficiaries.

This is as his Ministry could not succinctly render the account before the Senate Committee on Public Accounts.

The indictment followed consideration of the 2017 and 2018 report of the Senate Public Accounts Committee (SPAC) chaired by Senator Mathew Uhroghide.

Following the development, the Committee has ordered the Ministry of Justice to stop further disbursement of the Judgement debt.

READ ALSO: $2.4bn Oil Probe: Malami To Appear Before Reps Thursday

It also ordered that the Committee on settlement in the Justice Ministry be reconstituted within 30 days.

In another development, the Senate also ordered University of Ilorin, University of Abuja, University of Uyo, Federal University, Birim Kebbi, Federal University, Lafia, Federal University, Wukari, Modibo Adams University of Technology, Yola and Federal University of Petroleum, Effurun to refund N4.7 billion allegedly mismanaged.

The Auditor General’s reports for 2016 and 2017 indicted the seven universities, and was upheld by the Senate Public Accounts Committee. It was also considered and approved by the Senate.

The breakdown showed that University of Abuja mismanaged total of N1.3 billion in 2017, Federal University of Petroleum mismanaged N1.1 billion, University of Ilorin mismanaged N745 million, Federal University of Technology Akure (FUTA), N467 million, Federal University, Wukari, N43 million, Federal University Dutsinma, Katsina – N141 million, Federal University, Lafia – N32 million.

READ ALSO: Crude Oil Exports: Malami Allegedly Paid $200m As Whistleblower Fees — Reps

The indictment has been considered and sustained by the Senate and will be forwarded to the Secretary to Government of the Federation for further action.

On the Judgement debt, the Auditor-General, Anthony Ayine’s report stated that the committee saddled with the responsibility of managing the disbursement of judgement debt was dissolved in 2013.

It said that as at the time when the N10.4 billion was disbursed by the Ministry of Justice in 2017, the Committee had yet to be reconstituted.

The report stated that lack of control, as witnessed in the disbursement of the judgement debt, could lead to loss of public funds.

Ayine, in the report, recommended that the Solicitor-General of the Federation and permanent secretary in the Ministry of Justice should immediately constitute the committee as required by law.

READ ALSO: Naira Redesign: Malami Public Enemy, APC PCC Slams AGF

The report reads in part, “Examination of the budget of the Federal Ministry of Justice revealed that the sum of N460.95m was appropriated for payment of judgment debts for 2016 and N10bn appropriated for 2017, totalling N10.46bn.

“Further examination revealed that the committee saddled with the responsibility of managing the fund was dissolved after the 2013 financial year and is yet to be reconstituted after the 2016 and 2017 appropriations.

“However, the ministry has been disbursing this sum without a committee in place. Lack of control could lead to loss of public funds.”

Judgement debt refers to money that a court of law orders the losing party to pay to the winning party.

The parties in the case may either be an individual, a family, a company, an institution or a government.

News

Lagos, Ondo, Taraba Top In Highest Okada Fares In March – NBS

Published

on

A recent National Bureau of Statistics report shows Lagos, Ondo, and Taraba recorded the highest Okada (motorcycle) fares in March.

The data indicates substantial differences in transportation costs across various Nigerian states.

In March 2024, the average fare for Okada rides per trip in Nigeria rose by 2.15% compared to the same period last year, with fares reaching N472.16, up from N462.21 in March 2023.

This was contained in the most recent National Bureau of Statistics Transport Fare Watch report for March 2024, published on the agency’s website.

READ ALSO: Ondo 2024: lT Expert Emerges As SDP Candidate

However, fares in Lagos, Ondo, and Taraba states were notably above the national average for March 2024.

Lagos had the highest Okada fare at N850 per trip, with Ondo following at N725 and Taraba at N670, illustrating significant differences in transportation costs across regions.

Imo and Yobe states, with average Okada fares of N655 and N630 respectively for March 2024, ranked fourth and fifth among Nigerian states for the highest motorcycle journey costs per trip.

Continue Reading

News

Trouble Looms As OAU Students Threaten Shut Down With FG Over Fuel Crisis

Published

on

The students’ Union of Obafemi Awolowo University said on Sunday, said the challenges faced by students due to the sudden surge in the pump price of Premium Motor Spirit and the scarcity of the product have reached unprecedented levels.

The President of the union, Abbas Ojo, in a statement released on the campus in Ile-Ife, Osun State, and sent to The PUNCH, urged the Federal Government to immediately address the issues.

The union threatened to hit the streets in protest if the situation persisted.

Since the weekend, queues have surfaced across some filling stations in Ogun and Lagos states as some stations also remained shut.

The PMS also known as petrol has been selling between N700 and N800 at some filling stations. Some persons claim to buy the fuel at prices higher than N800 in Lagos and Ogun with the situation causing a hike in transport fares.

READ ALSO: Residents Displaced As Rainstorms Wreck Havoc In Edo Community

The Nigerian National Petroleum Company Limited had said some supply issues were responsible for the queues, urging customers to exercise patience.

A resident, Tomisin Bakare, who said he bought PMS from a filling station around the Lagos State University-Igando axis stated that he was shocked when the attendant said fuel was N700 per litre.

This is after I had already spent over 50 minutes in the queue,” he added.

According to the students’s union president, the situation is not different in Osun, particularly around the campus environs where he noted bus drivers had increased fares.

“We, as students, can no longer endure the burden imposed by the government’s economic policies,” Ojo said.

READ ALSO: 86-year-old Injured As Fire Guts Building In Kwara

Last year, when the decision to remove fuel subsidy became public knowledge, many, including students, harboured doubts about its impact on the nation’s economy. Even those who supported the removal of subsidies were skeptical, given the absence of concrete plans to alleviate the ensuing challenges,” he added.

President Bola Tinubu on May 29, 2023, during his swearing-in, announced the removal of fuel subsidy. Since then, Nigerians have been grappling with harsh economic realities coupled with the depreciation of the naira against the dollar.

“From soaring electricity tariffs to the skyrocketing cost of living, the adverse effects of the government’s capitalist policies have spared no one.

“Despite these challenges, students persist in their pursuit of education and academic endeavours. However, recent events such as fuel shortages and fluctuating prices have left students stranded both on campus and outside campus,” Ojo stressed, noting the students had been pushed to limits.

The union demanded immediate action from the FG to address the fuel scarcity, curb suspected hoarding of fuel, and regulate prices.

“We also demand that the government should revive the country’s refineries. The government must not test our will by not addressing these demands within the next 48 hours. Failure to do so, we shall hit the streets till the government addresses the fuel crisis which constitutes a threat to our academic pursuit,” the statement added.

Continue Reading

News

JUST IN: Popular Gospel Singer Is Dead

Published

on

Popular Gospel singer Morenikeji Adeleke, also known as Egbin Orun, is dead.

Her colleague Esther Igbekele, confirmed the death in an Instagram post on Sunday.

The gospel singer expressed shock and sadness, sayin Egbin Orun departed suddenly without bidding farewell.

According to her, the two had recently spoken, unaware of the impending tragedy.

READ ALSO: How God Saved Me From Firing Squad – Gospel Artiste, Buchi

Igbekele praised Egbin Orun’s beauty, kindness, and strong support for her ministry.

She wrote, “I got home from my program to hear about this great loss.. Prophetess Morenikeji Egbin Orun you left without saying goodbye..

“We spoke together last week not knowing you are about to embark on a journey to the great beyond.. You are such a beautiful and kind hearted woman and a very good supporter of my ministry.

READ ALSO: Outrage As Kingsmen Flogged Anambra Man To Death [VIDEO]

“I am deeply saddened with your demise but God knows best. You will be greatly missed and your good deeds will continue to linger in our hearts.

“Ah Egbin Orun. Good night! Keep resting in the bosom of Christ.. Ah Gone too soon..Yeeee.”

The cause of her death remains undisclosed and no official statement has been issued.

Continue Reading

Trending