
FEATURES
The newly appointed permanent secretary of the Ministry of Aviation and Aerospace Development, Dr. Ibrahim Kana, has clarified that there was no mandate to revive the controversial ‘Nigeria Air’ deal with Ethiopian Airlines.
Dr. Kana made the clarification in a statement following the rumours making the rounds that federal government may have decided to revive the deal between Nigerian Air and Ethiopian Airlines.
Recall that a Federal High Court sitting in Lagos State in 2024 nullified the sale of 49 per cent equity stake in Nigeria Air to Ethiopian Airlines.
Kana, while addressing concerns regarding the revival of the National Carrier project, emphasised that future considerations for a national carrier will depend on favourable conditions and presidential guidance.
He pledged loyalty to the Minister of Aviation and Aerospace Development, Festus Keyamo, and expressed commitment to enhancing Nigeria’s aviation sector through teamwork and innovation, aiming for a bright future reflective of national aspirations.
According to him, “It is with great honour and a deep sense of responsibility that I address you today. As we chart the course for the continued growth and development of Nigeria’s aviation and aerospace sector.
“Since my inaugural statement on Monday at the hand-over ceremony, I have been inundated with inquiries about my reference to the revival of the National Carrier Project.
“For the avoidance of doubt, I never said that there is a mandate to revive the botched Nigeria Air deal with Ethiopian airline. I received no such instruction. I was only referring to the general vision of the administration to still consider a national carrier project if it is favourable to the country and under the guidance and directives of Mr. President and the honourable minister of aviation. I hope this clarifies all the ambiguities surrounding my earlier statement on this issue.
“On a personal note, I pledge absolute loyalty to the honourable minister and remain dedicated to working closely with him to drive the ministry’s agenda forward. Together, we will ensure that the future of aviation in Nigeria is bright, innovative, and reflective of the aspirations of our great nation.”
The Lagos State Special Offences Court, on Wednesday, dismissed an application filed by former governor of the Central Bank of Nigeria, Godwin Emefiele, challenging the court’s jurisdiction to entertain the $4.5bn and N2.8bn fraud charges brought against him by the Economic and Financial Crimes Commission.
Justice Rahman Oshodi, in his ruling, held that the court had the jurisdiction to try Emefiele and his co-defendant, Henry Omoile.
The judge, however, struck out four of the 26 counts filed by the EFCC against the defendants for lack of jurisdiction.
Justice Oshodi explained: “Allocation of foreign exchange without reason is not defined as an offence under any written law. The objection to counts one to four succeeds and is hereby struck out.
“The objection challenging the court’s territorial jurisdiction over counts eight to 26 fails and is hereby dismissed.
“The prosecution has established sufficient territorial nexus in this case.”
The judge subsequently adjourned the case for trial continuation on February 24, 2025.
The EFCC had arraigned Emefiele on 26 charges, bordering on abuse of office and illegal allocation of $4.5bn and N2.8bn.
At the last adjourned date on December 12, 2024, Emefiele’s counsel, Mr. Olalekan Ojo (SAN), argued that the court lacked jurisdiction to hear the case in Lagos.
Ojo contended that the alleged offences, including abuse of office, fell outside the territorial reach of the Lagos Special Offences Court.
He also argued that the charges violated Section 36(12) of the Nigerian constitution, asserting that the alleged offences were not legally recognised under Nigerian law.
Furthermore, Ojo emphasised that since the Lagos State House of Assembly does not have legislative authority over matters on the Exclusive Legislative List, Section 73 of the Criminal Law of Lagos State (2011), under which counts one to four were filed, cannot apply extraterritorially to the alleged abuse of office by Emefiele.
Ojo added that a court’s territorial jurisdiction is limited to the geographical area within which its authority can be exercised and urged the court to strike out counts one to four of the amended charges filed by the EFCC on April 4, 2024.
In response, EFCC counsel, Mr. Rotimi Oyedepo (SAN), argued that the court had the authority to hear the case.
Oyedepo contended that the alleged crimes were economic and financial in nature, falling within the EFCC’s jurisdiction.
He also maintained that substantial evidence supported Lagos as the appropriate venue for the trial.
According to Oyedepo, the subject matter of the charges clearly fell within the court’s jurisdiction since the offences were committed within its territorial reach.
He noted that evidence and witness testimonies pointed to Lagos as the proper location for the trial and argued that the objections raised by Emefiele’s legal team lacked factual or evidential support.
Following the arguments, Justice Oshodi initially adjourned the case to January 7, 2025, for a ruling on the application challenging the court’s jurisdiction.
However, the ruling was not ready on that date, prompting an adjournment to Wednesday, January 8, 2025.
The case has now been adjourned to February 24 and 26, 2025, for the continuation of trial.
A truck loaded with granites, on Wednesday, lost control and rammed into roadside traders, killing an unknown number of victims and injuring many others at Eleyele Junction, Ibadan, Oyo State.
Most of the victims were said to be petty traders at the Eleyele bus stop.
An eyewitness stated that the truck, coming from the opposite direction, initially hit the group of roadside traders before barreling into a motor park, where it rammed into waiting passengers, leaving many injured.
The eyewitness described the chaotic scene, emphasising the devastation and panic that ensued.
The driver of the truck fled the scene in an attempt to avoid being mobbed by people, further complicating the aftermath of the tragedy.
Rescue operations are currently ongoing, and authorities have stated that the exact number of casualties remained unknown as they were working to clear the wreckage.
Emergency responders were focused on removing the truck to prevent additional accidents and to restore normal traffic flow in the area.
The Oyo State Sector Commander of the Federal Road Safety Corps (FRSC), Rosemary Alo, who confirmed the tragic incident, stated that the roadside traders had previously been warned about the dangers of conducting their businesses in the area.
“If they had heeded these warnings, we could have potentially reduced the number of casualties,” she remarked.
Alo also indicated that efforts would be intensified in collaboration with the local government authorities to enforce a ban on street trading in the vicinity, with the aim to prevent similar incidents in the future.
The operatives of the Nigeria Police Force intercepted a white Peugeot J5 bus with registration number – KMC 283 ZJ along the Abuja-Kano route with 59 children suspected to have been trafficked from Kano State.
The police operatives, led by Deputy Superintendent of Police Sarki Umar, intercepted the suspects on January 6, 2025, at about 3:30pm while heading to Nasarawa State.
Police said the kids, aged between 4 and 12, came from different families and were being transported by one Idris Usman to a male resident in Nasarawa State.
Commissioner of Police, FCT Command, CP Olatunji Disu, said some arrests have been made, saying the police will ensure that the children are returned and reunited with their families.
CP Disu also said the driver, Usman, who claimed to be a teacher with over 40 years of experience, travelled to Kano State to convene the children en route to Nasarawa State under the pretext of training them.
The driver of the vehicle operates with his motor boy, Al Hassan Ibrahim, who is also from Kano State.
The FCT Police Commissioner said, “This incident has been classified as a case of suspected child abuse and trafficking, given the circumstances and the absence of proper documentation or parental consent for the movement of the minors.
“At present, the suspects, the vehicle, and all the children are in custody while a thorough investigation is underway.
“The Police Command is working closely with the FCT Social Development Secretariat (SDS) to ensure that the children are safely reunited with their families and to bring all those involved in this act to justice,” the CP said.
He reiterated the police commitment to protecting vulnerable groups, particularly children from exploitation and abuse in line with the Child’s Right Act 2003.
Disu also appealed to parents and guardians to remain vigilant and ensure the safety of their children.
A 52-year-old man, Samuel Dada, has been brought before an Ado-Ekiti Chief Magistrate’s Court for allegedly defrauding 12 persons of N14.6 million.
The defendant was said to have swindled his unsuspecting victims of the humongous amount under the pretense of securing American visas for them.
The prosecutor, Inspector Akinwale Oriyomi, told the court that Dada is suspected of committing the offenses of forgery and fraud, saying there is probable cause to order his remand at the correctional custody in Ado-Ekiti,
Oriyomi said the suspect defrauded the 12 victims including one Olugbemi, and Dele under false pretenses of procuring American visas and job opportunities for them.
The suspect, according to the prosecutor committed the crime within the Magisterial District between January and November 2024.
The offence, Oriyomi said is punishable under Section 376(2)(b) of the Criminal Law of Ekiti State 2021 and Section 1(3) of the Advance Fee Fraud and Other Related Offenses Act, 2006.
Counsel to the defendant, Adunni Olanipekun, prayed the court to admit his client to bail, promising that he would not jump bail.
The Chief Magistrate, Mr. Abayomi Adeosun, granted bail to the defendant in the sum of N20 million with two sureties in like sum, adding that the sureties must have landed property within the district.
He subsequently adjourned the case till January 31 for hearing
The National Chairman of the ruling All Progressives Congress (APC), Dr Abdullahi Umar Ganduje, has described as unfortunate and misleading claims attributed to the former governor of Anambra State and presidential candidate of the Labour Party in the 2023 general election, Peter Obi, alleging threats to his life.
Ganduje, in a statement he personally signed on Wednesday, described the claims by Obi as sheer mischief and outright falsehood, which would have been ignored if not for the need to refute such a baseless narrative.
The APC National Chairman expressed displeasure over the claim shared on Mr. Obi’s verified official X (formerly Twitter) account, labelling it as a malicious lie aimed at seeking attention and playing the victim for emotional blackmail.
Ganduje further stated that Obi’s accusations stemmed from a misrepresentation of remarks made by the APC National Publicity Secretary, Felix Morka, during an interview on AriseNews Channels’ ‘ThisDay Live’ on Saturday, January 4, 2025.
He stated unequivocally that at no point did Morka threaten the former Anambra governor or his family.
“By falsely claiming that Morka threatened his life, Mr. Obi has libeled Morka in the extreme and incited his online supporters to issue death threats against Morka and his family,” Ganduje said.
He emphasised that as a public figure, Obi has a responsibility to provide accurate and truthful information, adding that spreading falsehood undermines public trust.
Ganduje noted that Morka was simply discharging his duties as the National Publicity Secretary of the APC, holding opposition actors accountable for their statements, as is expected in a democratic setting.
“Morka’s comments during the interview were strictly in response to a question referencing ‘prophets of doom’ and ‘voodoo economics.’ Nothing in his statement constituted or suggested a threat to Obi or anyone else,” he clarified.
The APC chairman further underscored the importance of free speech, a right protected by Nigeria’s Constitution, which applies equally to all Nigerians, including members of the ruling party and therefore called on Mr. Obi to refrain from misinformation and to accept criticism as part of the democratic process.
“Does Mr. Obi expect the APC to fold its arms and allow the opposition to propagate falsehoods without any response?” Ganduje queried, stressing that the APC will continue to counter baseless allegations with facts against the Tinubu led government.
He stated that the party stands by the position of the National Publicity Secretary in his effort to defend the federal government and set the records straight against disinformation by desperate politicians.
Ganduje reiterated the APC’s commitment to upholding democratic principles while holding opposition actors accountable when necessary.
Assistant Commissioner of Police (ACP) Daniel Amah, once celebrated for rejecting a $200,000 bribe nearly three years ago, has converted to Islam in a private ceremony held at the palace of 16th Emir of Kano, Muhammadu Sanusi II.
The event, which took place on Tuesday, saw Amah formally embracing Islam and adopting ‘Muhammad’ as his new name.
Speaking during the ceremony, Emir Sanusi II urged the newly converted Amah to seek Islamic knowledge and observe the core tenets of the religion, including the five pillars of Islam: belief in Allah, daily five-time prayers, fasting during Ramadan, pilgrimage to Mecca, and Zakat (charitable giving).
Addressing Amah in Hausa language, the Emir prayed for Allah’s guidance for him, expressing hope that he would excel as a devout Muslim. He also advised Amah to maintain his exemplary character and to remain respectful and obedient to his parents, regardless of their religious beliefs.
LEADERSHIP recalls that Amah first gained national recognition in April 2022 as the Divisional Police Officer (DPO) of Nasarawa Police Division in Kano State. He rejected a $200,000 bribe offered by armed robbery suspects involved in the theft of over N300million. The suspects, led by Ali Zaki, had trailed and robbed a Bureau De Change (BDC) operator who was in possession of $750,000 cash.
In recognition of his integrity, the Police Service Commission (PSC) promoted Amah from Chief Superintendent of Police (CSP) to Assistant Commissioner of Police on November 10, 2022. Additionally, he received the prestigious 2022 Public Service Integrity Award from the then President Muhammadu Buhari.
The award followed a recommendation by the then chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Prof. Bolaji Owasanoye, in a letter dated September 13, 2022.
He lamented that the ruling class are disconnected from the realities of ordinary Nigerians, blaming the hardship in the country on their negligence.
Al-Mustapha made these remarks shortly after a meeting with former Kaduna State Governor, Nasir El-Rufai.
Speaking during an interview with DCL, the former Chief Security Officer to late General Sani Abacha noted that many are yet to grasp the full extent of the harm caused by the ruling class.
He said, “Even among the educated elite, many do not understand the level of damage done to the country. Those living in Abuja or other privileged locations often dismiss such concerns as mere exaggeration. They are unaware of the suffering of the people because they live in comfort, traveling by air and being welcomed with fanfare, oblivious to the struggles around them.”
Speaking on his recent meeting with El-Rufai, Al-Mustapha explained that it was part of a collaborative effort by patriotic Nigerians to seek solutions to the nation’s challenges.
He clarified that their discussions transcended partisan politics, focusing instead on Nigeria’s future.
“It was a meeting of like-minded individuals deeply concerned about the state of the nation. As the leader of the Social Democratic Party (SDP), I discussed Nigeria’s future with El-Rufai and other stakeholders, seeking ways to lift the country from its current predicament,” he said.
Al-Mustapha emphasized the need for collective action, irrespective of political affiliations, to address the country’s pressing issues and chart a path towards recovery and development.
[NaijaNews]
The Economic and Financial Crimes Commission (EFCC) has detained ten officers of its Lagos Zonal Command following investigation regarding some missing items linked to them.
The officers, who were arrested last week on the directives of the Executive Chairman, Mr. Ola Olukoyede are answering questions relating to the theft of some operational items for which that they could not be accountable.
EFCC spokesperson, Dele Oyewale stated that investigators are making good progress.
He stressed that those found culpable will be subjected to internal disciplinary processes.
[Leadership]
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, has expressed gratitude to Allah for the privilege to grow from an Almajiri school pupil into becoming the head of NNPCL.
In a post via X on Wednesday to celebrate his 60th birthday, the NNPC Boss expressed appreciation for the “exceptional” privilege given to him by former President Muhammadu Buhari and President Bola Tinubu to serve as the last Group Managing Director of the NNPC and the pioneer CEO of the NNPC Ltd.
In the post, he stated that reflecting backwards alone cannot account for the profoundly eventful life he has spent on earth.
According to him, walking through good and bad times, travails and triumphs, pains and happiness, fails and successes, and many more are the events that only the sufficiency of Allah will explain.
Kyari stated: “Allah, by his grace, spared my life to this exceptional day, making it my 60th year from birth, even much earlier on the Hijri calendar.
“I am profoundly grateful to my country for giving me the opportunity to grow from an Almajiri (Tsangaya) school pupil to become the CEO of Africa’s largest energy company.
“Even more particular, I deeply appreciate the exceptional privilege given to me by Presidents Muhammadu Buhari and Bola Ahmed Tinubu to serve as the last GMD of the NNPC and the pioneer CEO of the NNPC Ltd.
“Reflecting backwards alone can’t account for the profoundly eventful life I spent to this date, walking through good and bad times, travails and triumphs, pains and happiness, fails and successes and many more that only the sufficiency of Allah will explain.
“At this milestone, I feel the obligation to serve with even greater conviction and with elevated expectation of eternal recompense so deeply pleasing.
“I am hugely indebted to my family for being nearly absent for most of my later years serving our nation and the common good.
“My deep appreciation to my family, friends and associates, my colleagues at work and my teachers (western and of Almajiri extractions), and many unmentioned people who account for many of my accomplishments, unconditional support and my overall wellbeing.
“This is a turning point, and I seek forgiveness from anyone I might have hurt unintentionally or unavoidably.”
[DailyTrust]
More...
The Minister of Communications, Innovation, and Digital Economy, Dr Bosun Tijani, has confirmed that Nigeria’s telecommunications tariffs will soon increase.
He, however, assured Nigerians that it will not be the 100 percent that telecom operators are pushing for at the moment.
TIjani disclosed this at the end of a stakeholders meeting with Mobile Network Operators, MNOs on Wednesday in Abuja.
He said that very soon, the Nigerian Communications Commission, NCC, would approve the new tariffs and make it public to Nigerians.
“You have seen over the past weeks that there has been agitation from some of these companies to increase tariffs. They are requesting a 100 percent tariff increase.
“But it will not be by 100 percent. We are still looking at that study, and NCC will come up with a clear directive on how we will go about it.
“We want to strike the balance as a government to protect our people but also protect and ensure that these companies can continue to invest significantly.
“We need to ensure that as a sector, we get our acts together and ensure that from the regulation side, we put the right regulations in place that can ensure the growth of this sector.”
The minister also noted that the federal government would no longer leave investments in infrastructure in the sector to private companies alone.
“As a country, over time, we have left this investment in the hands of the private sector. They typically invest where they can see returns in the short to medium term.
“We will not want this conversation to just be about tariff increase. I think what the world is talking about today is meaningful connectivity.
“You want to have access to very good quality service.
“A part of it that the consumers may not be aware of is the investment that needs to go into the infrastructure that is used to deliver these services,” he said.
The Executive Vice-Chairman, EVC, of the NCC, Dr Aminu Maida, said the meeting with stakeholders was about the sustainability of the industry.
“We have looked at all of these factors, and that is why, like the minister said, it is not likely that we are going to approve a 100 percent tariff increase.
“I know that Nigerians are agitated to hear the exact percentage approved. There is still some stakeholder engagement that we are going through, but you will hear from us within a week or two.”
He said that the NCC had put a number of tools and instruments into place by revising its quality of service regulations for compliance service quality.
He noted that the MNOs must comply with simplified templates to show Nigerians charges per minute for voice calls, SMS, and a megabyte of data.
“We are moving away from the regime where you will have a main rate, and then you will now have a bonus that is at a different rate.
“It makes it often complicated and difficult for Nigerians to actually understand what they are being charged for.
“This is one of the things that, when we took a lot of time over the past year looking at data, there was this agitation that the MNOs are stealing our data,” he said.
Earlier, DAILY POST reported that Tijani was meeting with telco stakeholders amid increased pressure for a telecom tariff hike.
Meanwhile, telecom subscribers had also urged telcos to consider alternatives to tariff hikes.
This comes as telcos, including MTN and Airtel, had recently written to the NCC for fresh tariff hike approval.
DAILY POST recalls telcos recently threatened a shutdown of the sector if telecoms tariff hike is not approved.
Meanwhile, telecom subscribers had also urged telcos to consider alternatives to tariff hikes.
[DailyPost]
…suspect in our custody for further investigation – FCT CP
The Federal Capital Territory (FCT), police command has intercepted a white Peugeot 15-seater bus popularly known as ‘J5’ transporting 59 children suspected to have been trafficked.
The children are between four and 12 years old.
A team of policemen led by Deputy Superintendent of Police Sarki Umar was said to have stopped the vehicle with registration number KMC 283 ZJ along the Abuja-Kano route on January 6.
The driver, Ali Ibrahim, a Kano State resident, and his assistant, Alhassan Ibrahim, were apprehended on the spot.

Briefing reporters in Abuja on Wednesday, the FCT Commissioner of Police, (CP) Tunji Disu said preliminary investigations revealed that the children, who hail from different families in Kano State, were allegedly being transported to Nasarawa State under the guise of receiving training.
He said: “On January 6, 2025, at about 1530 hours, a team led by Deputy Superintendent of Police Sarki Umar intercepted a white Peugeot 15 bus with Reg. No. KMC 283 ZJ along the Abuja-Kano route. The vehicle was driven by ALI IBRAHIM, a male resident of Kano State, accompanied by his motor boy, AL HASSAN IBRAHIM, also of Kano State.
“The bus was found to be transporting 59 male children aged between 4 to 12 years. Preliminary investigations revealed that the children, who came from different families, were being transported by one Idris Usman, a male resident of Nasarawa State.
“He allegedly travelled to Kano State to convene the children en route to Nasarawa State under the pretext of training them.”
Disu added that the incident has been classified as a case of suspected child abuse and trafficking, given the circumstances and the absence of proper documentation or parental consent for the movement of the minors.

“At present, the suspects, the vehicle, and all the children are in custody while a thorough investigation is underway. The Police Command is working closely with the FCT Social Development Secretariat (SDS) to ensure that the children are safely reunited with their families and to bring all those involved in this act to justice,” Disu added.
The CP reiterated the command’s commitment to protecting vulnerable groups, particularly children, from exploitation and abuse in line with the Child’s Rights Act 2003.

Disu said: “We appeal to parents and guardians to remain vigilant and ensure the safety of their children”.
[TheNation]
The Oxford English Dictionary has expanded its lexicon with 20 Nigerian words and expressions in its latest update.
The newly added entries include popular terms like “japa,” “agbero,” “eba,” “419,” and “abi,” among others.
These words, deeply rooted in the everyday lives of Nigerians, highlight the influence of Pidgin English, street slang, and cultural expressions that are increasingly gaining global recognition.
Notably, some of the words, such as “japa” and “jand,” appear as both nouns and verbs in the dictionary.
Pronunciation guides have also been provided to assist non-Nigerians in accurately articulating the words.
A Nigerian English consultant to the Oxford English Dictionary, Kingsley Ugwuanyi, announced the update on LinkedIn on Tuesday.
He expressed excitement over his role in drafting the words and recording their pronunciations.
Ugwuanyi wrote, “I’m thrilled to announce that the Oxford English Dictionary (OED) Oxford Languages | OUP has officially published its latest updates, featuring an amazing collection of Nigerian English words that beautifully reflect Nigeria’s culture, creativity, and the unique ways we express ourselves as Nigerians.
“This time, I not only drafted most of the words but also had the incredible opportunity to provide their hashtag#pronunciations! So, when you explore the OED online and click on the pronunciations, you’ll hear my hashtag#voice bringing these words to life.”
Among the entries, “japa” is defined as “the emigration of Nigerians to other countries (esp. those in Europe or North America) in search of further education, employment, or economic opportunity.”
“Agbero” is described as “a person (usually a boy or young man) who works as a tout, typically at car parks and bus stops, collecting money from passengers and drivers, and ushering passengers onto vehicles. ”
The term “419,” widely known in Nigeria, is defined as, “Fraud (now usually perpetrated on the internet) involving requests for advance payment in return for a substantial share of a large amount of money, which ultimately is never given. Frequently as a modifier, as in 419 email, 419 scam, etc. Cf. yahoo n.2”
Here is the complete list of Nigerian words added to the OED:
- 419
- abi
- adire
- agbero
- area boy
- cross-carpet
- cross-carpeting
- eba
- Edo
- gele
- jand (noun, verb)
- janded (adjective)
- Japa (noun, verb)
- Kanuri
- Kobo
- Naija
- suya
- Yahoo
- yahoo boy
- Yarn Dust
….express concerns over low implementation of 2024 budget
The House of Representatives Public Accounts Committee has charged the Accountant General of the Federation, Mrs Shakirat Madein to submit the 2022 Consolidated financial statement of the Federal Government to the Auditor General of the Federation in line with the provisions of the 1999 constitution.
This is also as the Committee also expressed concern at the low implementation of the capital component of the 2024 budget, which the Accountant General put at twenty-five per cent, which the committee observed was not helping the attainment of desired economic growth.
These were some of the outcomes of an interactive engagement between the office of the Accountant General and the Public Accounts Committee led by Rep Bamidele Salam on Tuesday in Abuja.
He said: “It is regrettable that from recent studies conducted in Kenya, Ghana and Rwanda, Nigeria is still lagging in submission and consideration of audit reports largely due to the non-submission of Financial statements by the Accountant Generals office as required by law.
While considering the submissions of the Accountant General on the low revenue remittances by many government-owned enterprises, the PAC Chairman said there was a need for stricter measures to block revenue leakages through automation of processes and regular audit exercises.
The House Committee also asked the Accountant General, the Ministry of Foreign Affairs and Ministry of Interior to immediately resolve all outstanding issues on the non automation of revenue collections from Foreign missions in order to ensure transparency and accountability in the process.
The committee Chairman disclosed that the 2021 Auditor Generals report which was recently submitted to the National Assembly will receive accelerated consideration immediately after the passage of the 2024 Appropriation Bill currently before the House.
Earlier in her speech, the Accountant General of the Federation attributed the delay in the submission of the consolidated financial statement to lack of sufficient data of government revenue from the Central Bank of Nigeria.
While assuring that efforts are at advanced stage to get the CBN submit necessary information, the Accountant General gave an undertaking to conclude the exercise within two months.
Madein informed the committee of several initiatives of her office to strengthen existing regulations and initiate new ones to promote greater accountability in public expenditure management.
She assured that the Financial Regulations 2009 has been reviewed and only awaiting the approval of the Federal Executive Council to be operational.
[Vanguard]