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Alleged N585 Million Scandal : Fund for Vulnerable Groups in Four States was Approved through due Process, Says Betta

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The Federal Ministry of Humanitarian Affairs and Poverty Alleviation notes with dismay, on a memo from the Ministry to the Accountant-General of the Federation approving for payment, of the sum of N585,189,500.00 Renewed Hope Grant for Vulnerable Groups for four states, which is currently being circulated in the social media.

It is glaring that the same sponsored disgruntled elements in the past few days have been trying to smear the Honourable Minister, Dr Betta Edu, and stain her integrity because she alerted the Federal Government attention to the ongoing 44.8 Billion Fraud in NSIPA. These elements have been trying to link her to a phantom fraud and are behind this latest misadventure.

However, this latest vile effort of theirs is another infantile blackmail doomed for evisceration.
For the avoidance, the said N585,198,500.00 was approved, and it is meant for the implementation of Grants to vulnerable groups in Akwa Ibom, Cross River, Ogun, and Lagos states. We must, however, note that GVG was first launched in the Kogi state where recipients testified.

Akwa Ibom and Cross River were launched in December 2023, Kogi already happened in November, and others will be launched in the coming weeks.

The general public is invited to note that the Renewed Hope Grant for Vulnerable Groups is one of the social intervention schemes of the federal government, which is being implemented by the Ministry of Humanitarian Affairs and Poverty Alleviation. Oniyelu Bridget is the Project Accountant for GVG from the Department of Finance and it is Legal in civil service for a staff, the Project accountant to be paid and use same funds legally and retire same with all receipts and evidence after project or Program is completed.

The evil motive of the mischief-makers behind the circulation of the memo is well-known and should be ignored. Of note is the fact that since assumption of duty about Five months ago, the Minister has religiously visited different parts of the country like Borno, Zamfara, Niger, Kogi, Plateau, Nasarawa, FCT, Lagos Cross River, etc and this is done to ensure she delivers on her mandate and she has remained focused, unbiased and committed to duty.

See Details
1 No ministry keeps accounts with commercial banks anymore after the Nation adopted TSA (Treasury Single Account).

2.MDAs have their various accounts with the CBN.

3 The OAGF processes payments based on the mandates on the accounts and the mandates of the MDAs as approved. They do not audit. It is the Auditor General that audits and CBN disburses payment/funds.

4.Since there are no accounts of MDAs in commercial banks, payments will be made to corporate or individual accounts depending on the type of payments.

5.In the case of the Humanitarian Affairs Ministry, most of the beneficiaries of their services and interventions do not hold nor operate bank accounts.

(Please refer to the time the NASS members and some Northern Governors were trying to explain how and why the region is heavily under-banked. Recall also Mallan el-Rufai’s explanation of people’s plight in the wake of Meffy’s Naira confiscation that about 60% or more of Kaduna residents do not have any banks close to them and some have to travel for hours to get to any bank as all their transactions are cash based).

6.The beneficiaries of the ministry require cash payment in most situations, hence the cash must move from the government (CBN) to private accounts first for onward distribution or disbursement – not a tidy or decent arrangement and that is where the CBN, finance ministry, and banks need to work out a solution to stem the huge corruption that is possible under this process.

7.In the case of the N 44B the government official needed the President’s ascent to release those funds but from what we have read, this process or protocol was violated as it seems the President never approved the movement.

8.From verifiable document the Minister Got approval for the N500m+ the minister needs and got the President’s assent, which may just be fine.

9.Our country has birthed many tech solutions and I believe we can also look into this and come up with a solution that will eliminate this crude means of distributing money as it leaves loopholes for corruption.

10.Even as we work on the solution, let us remember that the country with the cheapest and most sophisticated IT solutions in the world – India, still disburses money solutions like this via cash in many instances.

This does not in any way condone corrupt practices. We should fix our system to prevent such unreasonable loopholes.

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Update : Road Crash: Anthony Joshua Hospitalised, Two Confirmed Dead — Ogun Police Spokesperson

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Former heavyweight champion Anthony Joshua has been hospitalised after a road accident in the Makun area of the Lagos-Ibadan Expressway, Ogun State.

Ogun State Police Public Relations Officer, Babaseyi Oluseyi, confirmed this in a statement.

The incident occurred shortly after 11 am on Monday.

Our reporter, who was at the scene, said the crash happened just before the Danco Filling Station in Makun, ahead of the Sagamu Interchange on the Ibadan-bound axis.

Adeniyi Orojo stated that the Lexus Jeep carrying Joshua, with number plate KRD 850 HN, collided with a stationary truck.

The eyewitness revealed that Joshua sustained minor injuries, while two others died at the scene.

“It was a two-vehicle convoy: a Lexus SUV and a Pajero SUV. Joshua was seated behind the driver, with another person beside him. A passenger sat beside the driver, making four occupants in the Lexus that crashed.
His security detail followed in the vehicle behind.

“Other eyewitnesses and I began the rescue and flagged down oncoming vehicles for help. Minutes after the crash, Federal Road Safety Corps officials arrived. The passenger beside the driver and the person beside Joshua died on the spot,” he said.

In a statement sent to Newsthumb on Monday, Oluseyi confirmed that Joshua and other injured persons were involved in a car accident and rushed to an undisclosed hospital.

He said, “The Ogun State Police Command confirms a road accident today in front of Sinoma, before Danco, along the Lagos–Ibadan Expressway. Anthony Joshua and other injured persons have been rushed to the hospital.

“Further updates will be communicated.”

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Tinubu Leaves Nigeria for Europe, UAE to Attend ADSW 2026 Summit, Says Onanuga

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President Bola Ahmed Tinubu departed Lagos on Sunday, December 28, for Europe, continuing his end-of-year break and ahead of his official trip to Abu Dhabi, in the United Arab Emirates.

His Highness Sheikh Mohamed bin Zayed AlNahyan, President of the United Arab Emirates, has invited President Tinubu to participate in the 2026 edition of Abu Dhabi Sustainability Week (ADSW 2026) Summit, which will take place in the emirate early in January.

The weeklong summit is an annual event that mobilises leaders from government, business, and society to chart the next era of sustainable development.

With the theme “The Nexus of Next: All Systems Go”, ADSW will connect ambition with action across innovation, finance, and people, showcasing how the world can move forward with confidence.’

The President will return to the country after the Summit.

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BREAKING: Fayose Alleges N45.5bn from N50bn Ibadan Explosion Fund Diverted by Makinde for Political Ambitions

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Former Ekiti State Governor, Ayo Fayose, has released what he described as documentary evidence to support his claim that Oyo State Governor, Seyi Makinde, received N50 billion from the Federal Government as a special intervention fund following the January 2024 explosion in Ibadan.

Fayose made the documents public on Sunday in a statement accompanied by a memo from the Office of the Accountant-General of the Federation.

He said the disclosure followed a challenge by Makinde to substantiate his earlier claim that the Oyo State Government received the funds.

“Two days ago, I stated on national television that Oyo State under Governor Seyi Makinde received N50bn from the Federal Government as intervention for the Ibadan explosion. Yesterday, the governor asked me to provide evidence, and here is the evidence he requested,” Fayose said.

The former governor further alleged that only N4.5 billion was disbursed to victims of the explosion, accusing Makinde of diverting the remaining funds for personal political ambitions.

“Only N4.5bn was paid to victims of the Ibadan explosion. The rest, alongside other intervention funds, was diverted to fund his presidential ambition. This, in part, explains the crisis in the PDP and his frequent attacks on President Bola Ahmed Tinubu and his administration,” he alleged.

Fayose further said he was compelled to release official documents, despite his reluctance to do so, in the interest of transparency and public accountability.

“Even though it is not in my character to go public with official government documents, I had to do this so Nigerians will know who is saying the truth and who has not been sincere with the people of Oyo State,” he said.

The former governor said that Makinde’s alleged disclosure of detail from private meeting with President Tinubu made fuller public disclosure necessary.

He challenged the governor to take legal action if he believed the allegations were false, insisting that he had sufficient proof to defend his claims.

“I challenge Governor Seyi Makinde to sue me on this. There are also proofs of other intervention funds received from Tinubu’s administration by the Oyo State Government which the governor refused to disclose to the people,” he said.

He further claimed to have documentary evidence of Oyo State’s actual Internally Generated Revenue, contrary to figures publicly stated by Makinde, noting that he would release the details at a later time.

“There are documentary evidences on the actual Internally Generated Revenue (IGR) of Oyo State, as against Governor Makinde’s claim, but we will keep our gunpowder dry for now.

“My name is still Ayo Fayose. I don’t say what I can’t prove,” he said.

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