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Osinbajo threatens accusers with litigation To waive immunity
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VICE President Yemi Osinbajo (SAN) is ready to surrender his constitutional immunity so that allegations against him can be freely investigated.
He said waiving the immunity will permit “the most robust adjudication of baseless allegations, insinuation and falsehoods” against his person and office.
Under the 1999 Constitution, the President, Vice President, governors and their deputies are insulated from criminal investigation.
But, in a tweet, Prof. Osinbajo said he would give up the privilege until the claims against him are resolved.
The Economic and Financial Crimes Commission (EFCC) also yesterday clarified that it was not probing the vice president and the National Social Investment Programme (N-SIP).
N-SIP said contrary to rumours, Prof. Osinbajo was not involved in financial transactions or disbursement of funds under its programmes.
Taking an exception to what he described as defamatory remarks about him, the vice president said he had instituted a suit against those behind the “misleading assertions”.
He said: “In the past few days, a spate of reckless and malicious falsehoods has been peddled in the media against me by a group of malicious individuals
”The defamatory and misleading assertions invented by this clique had mostly been making the social media rounds anonymously.
”I have today instructed the commencement of legal action against two individuals, one Timi Frank and another Katch Ononuju, who have put their names to these odious falsehoods.
“I will waive my constitutional immunity to enable the most robust adjudication of these claims of libel and malicious falsehood.”
Disclaiming the purported probe, EFCC spokesperson Wilson Uwujaren, said he never made any reference to N-SIP as a programme or accused those who superintend it of corruption.
The agency cautioned against reports, which could project a false indictment and incite the vice president against the person of its chairman, Mr. Ibrahim Magu.
Uwujaren said Magu appreciated how N-SIP has lifted many Nigerians out of poverty.
He said: “The attention of the EFCC has been drawn to a report captioned, “There is corruption in N-SIP programme- Magu”, which appeared in a newspaper on Wednesday September 25, 2019 and a few other newspapers, in which the acting Chairman of the Commission, Ibrahim Magu was quoted as saying that there is corruption in the National Social Investment Programme and the Anchor Borrower’s Programme.
“The papers claim that Magu, who spoke through the Spokesperson of the agency, Wilson Uwujaren, at the 15th Anti- Corruption Situation Room organized by the Human and Environmental Development Agenda in Kaduna on Tuesday September 24, 2019, asked the civil society organisations “to investigate the N-SIP”.
“The commission wishes to disclaim the reports as false and a mischievous twist of the goodwill message presented by Mr. Uwujaren, on corruption and peace building in conflict communities.
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“In the presentation, the EFCC spokesperson observed that the agency had received complaints in some zones regarding the social investment programmes, citing an example in Gombe where the Commission investigated a case in the Anchor Borrower’s Scheme in which sand was bagged and passed off as fertilizer.
“He, therefore, warned that for the crises in these conflict zones not to degenerate, civil society organisations should play more active roles in monitoring the programmes to ensure that their benefits get to the people for which they are intended.
“At no time in the presentation did Mr Uwujaren mention the N-SIP as a programme nor did he accuse those who superintend it of corruption. The specific case mentioned, the Anchor Borrower’s scheme, is not part of the N-SIP being supervised by the office of the Vice President.
“This clarification becomes necessary to correct the wrong impression of a verdict of corruption on N-SIP by the EFCC which the purveyors of the false reports obviously want to create.
It added: “All over the world, one of the core competences of civil society organizations is project monitoring. Calling on Nigerian civil societies to monitor social intervention programmes, was not a call to ”investigation” as no one had been indicted. Investigation itself is not the job of civil society organisations.
“The EFCC chairman recognizes the unprecedented impact of of the N-SIP intervention in not only lifting the poor out of poverty but also its potential for reconciling feuding communities across the country.
“It is, therefore, shocking to read the unfounded insinuation of the reporters, aimed only at fanning the embers of disaffection that only exist in their imagination.
“The sensational attempt to project a false indictment, and incite the Vice President against the person of the Chairman of the EFCC, is therefore condemnable.”
According to the NSIO, the office of Vice President was not involved in financial transactions or the disbursement of funds for N-SIPs.
A statement by the NSIO Communications Manager, Justice Bibiye, said that the Ministry of Budget and National Planning is in charge of all matters regarding financing, budgeting, procurement and disbursement of funds allocated and released for the N-SIPs.
According to the statement, the N-SIPs, which involves four broad programmes (N-Power, Conditional Cash Transfers, National Home-Grown School Feeding and Government Enterprise and Empowerment Programmes), are uniquely targeted towards different subgroups of Nigerians for empowerment.
Bibiye said: “The Steering Committee for the NSIO, chaired by the Vice President, supervises the implementation of the SIPs, The Steering Committee comprises nine Ministers, including that of Finance; Education; Health; Agriculture, Trade and Investment, Youth and Sports, Women Affairs; Labour and Productivity; Information; with the Ministry of Budget and National Planning as the Secretariat. The Steering Committee meets regularly for updates, to review, advise, guide and approve the processes of the N-SIPs,” it said.
“Conditional Cash Transfer (CCT) beneficiaries are identified by members of the communities themselves, through a tripartite method, which includes technology, for objectively and scale. At commencement, the World Bank community-based targeting process was adopted to assure of community ownership of the process.
“The Bank of Industry (BOI) manages the Government Enterprise and Empowerment Programme (GEEP) which provides collateral and interest-free financial support to businesses at the bottom of the financial pyramid, through its MarketMoni, FarmerMoni and TraderMoni schemes. The payment process is also transparent”.
Bibiye explained that Osinbajo only went round markets in the states where the TraderMoni scheme was launched to engage with beneficiaries, adding that he was not involved in the disbursement of loans, whether in cash or through cash transfers.
The Coalition of Northern Nigerian Youth urged President Muhammadu Buhari to halt any attempt that can lead to maltreatment or embarrassment of the vice-president.
Speaking with reporters in Kano, its Chairman, Mallam Yusuf Abdulmalik, said any attempt to whittle down Osinbajo’s influence will label Buhari, and by extension, the North, as ungrateful people, thereby creating a bad image for the region.
He said Osinbajo, who has displayed maximum loyalty to the President, is the face of the Church and strength of the Yoruba as well as the South in Buhari administration.
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FEC Backs $2.99bn Rail Projects, Sets Stage for Power Sector Shake-Up
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… Lagos Green Line, Kano, Kaduna rail schemes to boost connectivity
… Tinubu to chair power sector task force as reforms gather pace
The Federal Executive Council (FEC) on Thursday approved a $2.99 billion package of rail infrastructure projects and the establishment of a Presidential Task Force on Power Sector Reform, in a move signalling a renewed push by the administration of President Bola Ahmed Tinubu to deepen infrastructure development and unlock economic growth.
Briefing State House correspondents after the Council meeting, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, said the rail projects span key urban corridors and are designed to enhance mobility, reduce congestion, and stimulate regional commerce.
He listed the projects as the Lagos Green Line Rail, the Kano State Metro Rail, and the Kaduna State Rail project, noting that they have already been captured in the extended 2025 budget.
“The Federal Executive Council approved three transformative rail projects – Lagos Green Line, Kano State Metro Rail, and Kaduna State Rail project. These projects are to be sponsored by the Ministry of Finance Incorporated,” Oyedele said.
He explained that the approvals align with the administration’s broader infrastructure strategy, which prioritises rail transport as a cost-effective and sustainable alternative to road networks.
The Lagos Green Line is expected to complement existing mass transit systems in the commercial hub, while the Kano and Kaduna rail schemes are projected to boost passenger and freight movement across northern Nigeria, improving trade and economic activity.
In a related development, the Minister of Information and National Orientation, Mohammed Idris, announced the creation of a Presidential Task Force on Power Sector Reform, alongside key appointments aimed at strengthening governance in the electricity industry.
Idris said the Council approved the appointment of former Minister of Power, Lanre Babalola, as Special Adviser on Power to the President, to enhance coordination and policy oversight.
He disclosed that the President would chair the task force, with Babalola playing a central role in driving its activities.
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“The task force is part of renewed efforts by the administration to reposition the power sector as a critical driver of industrialisation and economic growth,” Idris said.
According to him, the decision followed the submission of a report by a presidential committee set up on March 4 to review the commercial and institutional framework for the proposed Grid Asset Management Company (GAMCO).
He noted that the task force brings together key stakeholders, including the Ministers of Finance, Power, Industry, Trade and Investment, Information, and the Attorney-General of the Federation, alongside regulators and representatives of electricity generation and distribution companies.
Idris said the body would focus on implementing far-reaching reforms to address structural bottlenecks in the sector, stressing that stable electricity supply remains central to Nigeria’s economic transformation.
He added that the government is committed to a comprehensive overhaul of the power sector to unlock industrial productivity and improve living standards.
The minister further disclosed that the FEC meeting was preceded by the swearing-in of a National Commissioner of the Independent National Electoral Commission (INEC) and four Permanent Secretaries.
He said President Tinubu administered the oath of office on retired Rear Admiral K. M. Marafa as INEC National Commissioner following her confirmation by the National Assembly.
Idris added that the Council deliberated on a 32-point agenda, reflecting what he described as the administration’s broad reform focus across critical sectors of the economy.
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Tinubu Fires Back at Critics: Exploiting Insecurity Won’t Stop My Second Term
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…directs action against sponsors of violence, backs Plateau peace committee
President Bola Ahmed Tinubu on Tuesday night declared that attempts by his political opponents to exploit insecurity to force him out of office would fail, insisting that he would not only remain in office but also seek a second term.
Speaking at the State House, Abuja, while receiving stakeholders from Plateau State, led by Governor Caleb Mutfwang, the President described himself as resolute in the face of political pressure.
“You are playing to the hand of agents, including my own enemies, who want to use insecurity to get rid of me. But I’m a very stubborn politician. I just refuse to go. And I will campaign for my second term,” Tinubu said.
The President warned that the Federal Government would move decisively against individuals found to be instigating or financing violence across the country, stressing that credible intelligence would be acted upon without delay.
“If you identify and you know the name of troublemakers, agents provocateur, who want to continue killing or instigate killing, let us know. We will use the instrument of office to deal with them,” he said.
Tinubu emphasised that security agencies stand ready to confront such threats once actionable information is provided, noting that the recurring cycle of violence must end.
In a move to strengthen peace efforts in Plateau State, the President also endorsed a newly constituted peace committee comprising former governors of the state, charging them to work collectively toward lasting solutions.
He directed the committee to review existing white papers on past conflicts and harmonise recommendations for implementation.
“Call one another. Ignore the Governor’s Committee if you have to, or incorporate them. Take that white paper, go through it among yourselves and agree to implement it.
“If the ones you have chosen before now are not working, you have to mix and amend membership. Forget those committees you mentioned to me, if it’s not working, it’s not working. Consider this group as the committee until we find a lasting solution,” the President said.
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Reps Give Nod to Tinubu’s $516.33m Loan Request for Sokoto-Badagry Highway
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The House of Representatives on Tuesday approved President Bola Tinubu’s request to secure a $516.33m loan from Deutsche Bank to finance Section I of the ambitious Sokoto-Badagry Superhighway project, a key infrastructure initiative under the administration’s Renewed Hope Agenda.
The approval followed the consideration of the President’s request by the Committee of Supply during plenary presided over by Speaker Tajudeen Abbas.
In a letter read on the floor of the Green Chamber, Tinubu described the Sokoto-Badagry Superhighway as a transformative national project aimed at connecting Nigeria’s far northwest to its southwestern coastline through an approximately 1,000-kilometre dual carriageway stretching from Illela in Sokoto State to Badagry in Lagos State.
The corridor is expected to pass through Sokoto, Kebbi, Niger, Kwara, Oyo, Ogun, and Lagos states, opening up major agricultural, commercial and industrial hubs across the country.
According to the President, the project was designed to stimulate economic growth by significantly improving the movement of goods and people across Nigeria’s northern and southern regions.
He said the highway will “improve north-south connectivity, safety and network performance on the corridor; reduce logistics costs and travel times by providing a continuous high-capacity expressway standard link to downstream markets and strengthen trade facilitation, food security and national cohesion through improved access between production zones, markets and ports.”
Tinubu further noted that the road project would “safeguard long-term intermodal flexibility by reserving the central median for future rail integration and accommodating utility corridors.”
The President explained that the funding arrangement involves a $516.33m facility from Deutsche Bank, backed by partial guarantee cover from the insurance arm of the Islamic Development Bank, while the Federal Government will provide counterpart funding of N265.54bn.
The counterpart contribution, he said, would cover land acquisition, compensation payments, and complementary infrastructure requirements.
Tinubu urged lawmakers to expedite legislative approval of the borrowing request in view of the strategic importance of the project to national development.
The Sokoto-Badagry Superhighway was conceived as one of Nigeria’s most expansive road infrastructure projects, intended to serve as an economic backbone linking the resource-rich northern corridor with major export gateways in the south.
Beyond easing transportation challenges, the superhighway is expected to boost agricultural supply chains, enhance regional trade, improve access to seaports, and attract investments in manufacturing, logistics and real estate along its route.
The project also aligns with broader government plans to modernise transport infrastructure and strengthen Nigeria’s competitiveness under the African Continental Free Trade Area framework.
Presenting the report of the House Committee on Aids, Loans and Debt Management, Abdullahi El-Rasheed, who represented the committee chairman, Abubakar Nalaraba, urged lawmakers to support the loan request, citing the project’s strategic economic value.
He said the highway would serve as a critical driver of development and improve long-term economic productivity.
Following deliberations, the House approved the borrowing request at plenary, paving the way for the commencement of the project’s first section.
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