News
Tinubu Violated EFCC Extant Laws Appointing Olukoyede As Chairman, Group Alleges

A Civil Society Group, Center for Democracy and Human Rights, CEDEHUR, weekend, accused President Bola Tinubu, for alleged gross violation of Extant Laws of the Economic and Financial Commission, EFCC, by appointing Mr Ola Olukoyede as Chairman of the Commission on Thursday last week.
The National Secretary, CEDEHUR, Adebayo Ogorry, pointed out that Tinubu allegedly failed to understand that the EFCC Extant laws remain sacrosanct and needed to be strictly adhered to before going ahead to appoint Olukoyede chairman for the Commission.
According Ogorry, Tinubu needs to comply with the EFCC Extant Laws and immediately cancel the appointment of Olukoyede as EFCC’s Chairman, if not he stands to set a wrong precedence for successive administrations, and warned that his action will slip into anarchy.
It will be recalled that on Thursday last week, President Bola Tinubu appointed Mr. Ola Olukoyede to serve as the Executive Chairman of the Economic and Financial Crimes Commission pending Senate confirmation.
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He said: “Who qualifies to be the Executive Chairman of the Economic and Financial Crimes Commission?
“To answer this poser, recourse will be made to the highlighted extant provision of the EFCC Establishment Act, 2004: (1) The Commission shall consist of the following members-(a)A chairman, who shall-(i)be the Chief Executive and Accounting officer of the Commission(ii) be a serving or retired member of any government security or law enforcement agency not below the rank of Assistant Commissioner of Police or equivalent; and(iii) Possess not less than 15 years cognate experience
“The provision is very clear and unambiguous. The functions of the EFCC are not civil in nature. Hence it is a paramilitary organization. That is the rationale behind the inclusion of the police ranking system and its equivalent in other law enforcement agencies as one of the prerequisites for attaining the position of the Executive Chairman.
“Secondly, the person sought to be appointed must not only be a member of the law enforcement family, he must also have 15 years cognate experience. In other words, the person must have the knowledge, skills and abilities in the professional law enforcement activity.
“This section simply means that not all members of the police force, other Forces and indeed the EFCC can be the EC of the EFCC. A pilot, medical personnel, Admin officer, etc who have 15 years police or paramilitary service, are ordinarily devoid of the cognate experience of enforcing the laws of the EFCC.
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“This much is gleaned from Section 8 (5) of the EFCC Act which states that: …..all officers involved in the enforcement of the Act shall have the same powers, authorities, privileges (including power to bear arms) as are given by law to members of the Nigerian Police.
“The words that are underlined simply mean that not all officers or members are involved in the enforcement of the EFCC Act. This is not strange as the EFCC started as a new agency lacking in manpower across the board.
“Therefore, there was a massive recruitment and secondment of personnel of staff from sister agencies to boost the personnel capacity of the EFCC. In other words, there were different entry points. However, the EFCC in its wisdom consciously differentiated all the staff.
“To further buttress this point, the EFCC simply identified the officers who are beneficiaries of Section 8 (5) of the EFCC Act and issued them with a warrant card. Evidently, the officers who do not possess a warrant card are not regarded as equivalent to police officers as envisioned by the EFCC Establishment Act.
“To put it in context, there are various members of the law enforcement agencies and Military
organisations that are civilians and cannot take on the headship. Examples of these abound in the Nigerian Army and Nigerian Police Force. A person who serves in the EFCC as Chief of Staff (personal staff of the Chairman) or secretary has no law enforcement training as envisioned by the EFCC Act. Just like, the Inspector General of Police (IGP) may consider appointing a non-Police personnel in his office to carry out certain work.
“That does not make the civilian a member of the Police Force in the context of appointment to the headship. Also, a civilian Police pay officer who works with the Police does not become a member of the Police force in the context of appointment as IGP.
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“Any appointment that is contrary to the provisions of the Extant EFCC Establishment Act is an assault on the National Assembly which is the constitutional organ responsible for making laws.
“If the Executive is uncomfortable with a provision, the appropriate action will be to beckon on the National Assembly to amend or repeal such provisions. To let such infractions slide is a call to anarchy.”
Meanwhile, the group also alleged that the nominee, Olukoyede is not a personnel that rose through the ranks that make him deserve the proposed appointment based on his track record of service on his entry and positions held before his nomination by President Bola Tinubu to be the Executive Chairman of the Economic and Financial Crimes Commission, EFCC.
The CSO asserted that, “He (Olukoyede) was appointed as Chief of staff to the erstwhile Chairman of the EFCC, Mr. Ibrahim Magu, and he served in that capacity from 2016 to 2018.
‘He was later appointed the Commission Secretary and he served in that capacity from 2018 to 2019 before he was suspended from Office, and we gathered that same indicted both principal officers were never re-absorbed back to the Commission.
“Dramatically, Olukoyede has been appointed as the new Executive Chairman of EFCC, and we also gathered he was recently invited by the EFCC, and sudden.
“We have been reliably informed that his offences has been written off, while his salaries and benefits suspended will be all paid while he was on suspension.
“In fact, we are all aware of Olukoyede spending eight years at the Commissio between 2016 to 2023.
“We also queried that how did he manufactured additional 15 cognate years experience as contained in as required by law to as contained in Section 2 (1)(iii) of the Economic and Financial Crimes Commission Establishment Act, 2004?”, Ogorry queried.
News
FG Approves N54tn MTEF For 2026 To 2028

The Federal Executive Council has approved the 2026–2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper, fixing a conservative oil price benchmark of $64.85 per barrel and a budget exchange rate of N1,512/$1 for 2026.
Briefing State House correspondents after the Council’s meeting in Abuja on Wednesday, the Minister of Budget and Economic Planning, Atiku Bagudu, said the framework, drawn with inputs from MDAs, the private sector, civil society and development partners, will be transmitted to the National Assembly on Monday, December 8, at the latest.
Bagudu said the MTEF proposed two oil production targets, split between an ambitious 2.06 million barrels per day and a lower 1.80mbpd used for budgeting.
“For the first time, a target oil production as well as benchmark oil production were adopted.
“The target oil production is 2.06 million barrels per day, which the management of the oil industry is tasked to produce.
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“However, so that we don’t run into revenue problems, we use a benchmark oil production figure of 1.8 [mbpd] for budget purposes,” Bagudu said.
On price, he added that the $64.85/bbl benchmark is deliberately below Nigeria’s typical realisations.
“Even the oil benchmark of $64.85 which is being used this year, is lower than the average selling price of Nigeria’s crude oil, because Nigeria is a premium Bonny Light producer. But for an abundance of caution, we are using $64.85,” he explained.
Bagudu noted that the 2026 macro assumptions also include a growth rate projection of 4.68 per cent and a budget exchange rate of N1,512/$1.
He noted, “Given that 2026 is a pre-election year, there is a lot of election activity spending that can typically affect the exchange rate.”
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According to the minister, gross Federation revenue is estimated at N50.74tn for 2026, to be shared as follows: Federal Government, N22.60tn; states, N16.30tn; and local governments, N11.85tn.
Consequently, total Federal Government revenue from all sources is projected at about N34.33 trillion, inclusive of N4.98 trillion remitted by government-owned enterprises.
“This figure is 16 per cent lower than that of the 2025 budget estimate,” Bagudu said.
He outlined the major spending heads which include statutory transfers of around N3tn; debt service of N15.91tn; and non-debt recurrent (personnel and pensions) of about N15.27tn.
With a projected deficit of N20.10tn, about 3.61 per cent of the estimated GDP, Bagudu said the implied federal spending envelope is roughly ₦54.43tn.
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The former Kebbi state governor said the draft also reviews 2025 budget implementation and embeds stakeholder inputs across the macro background, parameters and fiscal risks.
“Relevant inputs from stakeholders have been integrated into the framework,” he said.
Beyond the paper, he disclosed that Tinubu has secured National Economic Council buy-in for tighter policy coordination and priority spending.
“The President called for more collaboration and coordination between fiscal and monetary policies and sought the approval of the National Economic Council to invest more in security spending, in particular, the rehabilitation of training institutions of security agencies,” Bagudu said.
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He added that FEC endorsed increased “Federation vigilance to eliminate revenue loss from illegal activities in the oil and gas sectors as well as critical mineral sectors,” alongside a push for “critical minimum transformational investment for infrastructure” through the Renewed Hope infrastructure funding and measures to boost domestic production.
The minister also revealed that the memo to FEC was presented by the Director-General of the Budget Office, supported by his team and the Economic Management Team, after “technical discussions, bilateral engagement as well as expert consultations” with stakeholders to ensure the framework reflects “collective aspiration.”
The MTEF/FSP, a statutory three-year fiscal guide, sets the assumptions that will underpin the 2026 Appropriation Bill, including oil/output benchmarks, revenue profiles, deficit limits and the spending mix.
News
Edo Assembly Recalls 324 Employment Letters

The Edo State House of Assembly Service Commission has cancelled earlier employment offered to 324 personnel.
In a statement jointly signed by Ezehi Igbas and Mrs Isoken Nehi-Olotu, Chairman and Secretary of the commission respectively, declared the employment letters issued to the 324 affected persons null, void and of no effect whatsoever.
The statement said issuance of employment letters to the affected persons was unauthorized, illegal and unlawful.
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The statement reads: “The Edo State House of Assembly Service Commission hereby tenders an unreserved apology to all recipients of the unauthorized and unlawful employment letters and deeply regrets all inconveniences caused to all persons affected by its actions.”
News
NUJ Reacts As Sacked Edo Taskforce Boss Assaults EBS Staff

Sacked boss of the defunct Edo Public Safety Response Team, Kelly Okungbowa popularly known as Ebostone on Wednesday assaulted two staff of the Edo Broadcasting Service at the government house.
The incident happened during an empowerment programme for 250 special people in the state at the Festival Hall, government house.
It was gathered that trouble started when nine others who were not captured in the programme stormed the venue, to protest their exclusion.
At that moment, the Edo Broadcasting Service cameraman at the venue was attacked by Okungbowa, who felt he (the cameraman) was recording the commotion.
The reporter, Juliet Aisien, immediately stood up to defend her cameraman and explain the need for Okungbowa not to assault her cameraman and that they belong to a state-owned outfit.
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Okungbowa, who was piqued at this point, hit the reporter on her shoulder when he attempted to slap.
Reacting to the development in a statement, the Nigeria Union of Journalists, Edo State Council, condemned the act and described it as an attack on press freedom.
The statement signed by Festus Alenkhe and Andy Egbon, Chairman and Secretary respectively, reads: “The Nigeria Union of Journalists, Edo State Council, condemned in strong terms the assault on Juliet Enabulele Asein, a reporter with the Edo Broadcasting Service (EBS), who was assaulted and manhandled by Kelly Okungbowa (Ebo Stone) at a public function in Benin City on Wednesday, December 3, 2025.
“The leadership of the union considers this act as a blatant attack on press freedom, the safety of journalists, and the right of media professionals to carry out their lawful duties without fear, intimidation, or violence.
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“The NUJ further warns that attacks on journalists in the line of duty will no longer be tolerated, and urges members of the public, especially public figures, to exercise restraint and show respect for the constitutional role of the media in strengthening democracy and promoting accountability.
“The Union calls on the Nigeria Police and other security agencies to immediately arrest Kelly Okungbowa, investigate him and bring him to justice.”
Recalled that in March, Governor Monday Okpebholo suspended indefinitely the activities of the Public Safety Response Team headed by Kelly Okungbowa.
There have been several complaints about the activities of the body, with the latest resulting in the death of a two-year-old girl on Wednesday.
READ ALSO: Easter: Edo NUJ Chairman Felicitates Christians, Journalists
At Ring Road in Benin, officers of the PSRT attempted to take over the steering wheel of a moving vehicle, causing the driver to lose control.
The bus then veered off the road and rammed into a roadside POS kiosk where the young girl and her mother were standing, killing the child instantly.
Also in the same month, operatives of the Benin Zonal Directorate of the Economic and Financial Crimes Commission arrested Okungbowa for alleged naira abuse.
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