General
Buhari Never Authorised $6.2m for Election Observers—Boss Mustapha
By Modupe Gbadeyanka
The immediate past Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, has informed Justice Hamza Muazu of the Federal Capital Territory (FCT) High Court in Maitama, Abuja, that former President Muhammadu Buhari did not approve the withdrawal of $6.2 million from the Central Bank of Nigeria (CBN) to pay foreign election observers.
It was alleged that Mr Buhari, who left office in May 2023, signed a memo directing the CBN to pay in cash the sum of $6.2 million to international election observers in the last 2023 general election.
This revelation was made in the ongoing trial of the former Governor of the apex bank, Mr Godwin Emefiele, in court. He was arraigned by the Economic and Financial Crimes Commission (EFCC).
While appearing as a prosecution witness on Tuesday, February 13, 2024, Mr Mustapha stressed that neither Mr Buhari nor himself raised the controversial memo.
“My Lord, all through my years in service at my capacity, I never came across such a document. Having served for five years, seven months, I can say this document did not emanate from the office of the President,” he said.
He faulted the correspondence Mr Emefiele claimed came from the President’s office with a reference number, revealing that “once a correspondence has the President’s seal, there is no need for a reference number, because the seal is the authority.”
“I have looked at it, read it, and the Federal Executive Council’s decisions are not transmitted by letters but through extracts, after conclusions were adopted.
“My Lord, I am a custodian of all records, therefore, the President cannot give me the records, and in all my years in service, I have never heard the term Special Appropriation Provision that is referred to here.
“In all the correspondence I have received from my principal, it has never ended with please accept the assurance of my highest regard. I am his subordinate, so nothing of such would emanate.
“Lastly, my Lord, the Nigerian government has nothing to do with financing foreign observers. I know for a fact because I managed two elections, so the responsibility of such lies with INEC,” the former SGF added.
Asked by the prosecution counsel, Mr Rotimi Oyedepo (SAN), in respect of exhibit PD7 which states that it was 187 FEC meeting that held on January 18, 2023, Mr Mustapha affirmed that a FEC meeting held, but it was not 187 session, but rather first meeting of the year because it was January.
“My Lord, there was a meeting and it was the first meeting not 187. It was the first meeting of the year. My Lord, all FEC meetings are normally Presided over by the President or Vice president.
“In the case of January 18, it was the Vice president that presided over the meeting because the President was not around.
“My role was to prepare the agenda of the meeting and on that day, there was a16-point agenda, and there was no agenda that had to do with foreign observers, so it did not appear on the FEC of 18 January, there was no such approval or anything else from the FEC,” he said.
Asked whether the letter for the approval of the money emanated from his office, Mr Mustapha denied any knowledge regarding it.
“My Lord, to the best of my knowledge, that letter did not emanate from my office, not to talk of signing it.
“I am saying it was not from me for the following reasons; I was not privy to the operations of CBN, so I cannot write to the governor or the director.
“Secondly, the heading is defective because it reads ref. for election observers. It presupposed that there were previous correspondences when you say ref.
“So, my Lord, it is not true because it does not carry any FEC approval. And finally, there was a reference at the end of the letter.”
“I wish to state my Lord that I am not aware of any Special Taskforce and I do not know one Jibril Abubakar, Principal Officer One, who was alleged as the coordinator of this Taskforce, so I did not introduce any Abubakar to the CBN governor,” he said.
While on cross-examination, Mr Mathiew Bukka (SAN) asked whether Mr Mustapha received any amount from the money, he said he did not receive a single dollar when he was serving and when he left office.
He denied knowledge of Knowing Abubakar, stressing that he had never met him, nor did he ever work for him, saying he knew about the scandal on social media when it was stated that the defendant and himself connived to steal the huge amount of money, and for him to protect and redeem his image and integrity before the world, he then made a Press Release exonerating himself and at the same time encouraged further investigation on getting to the root of the matter.
After his testimony, Justice Muazu adjourned the matter till March 7, 11 and 25 for the continuation of trial.
General
EFCC Arrests Ex-Skye Bank Chair Tunde Ayeni Over Alleged Diverted Loans
By Modupe Gbadeyanka
The former chairman of the defunct Skye Bank Plc, Mr Tunde Ayeni, has been apprehended by the Economic and Financial Crimes Commission (EFCC).
Spokesperson of the anti-money laundering agency, Mr Dele Oyewale, confirmed the arrest of the businessman on Friday but declined to provide further details, according to TheCable.
Mr Ayeni was accused of diverting the N36.5 billion and $30 million loans from Polaris Bank Limited to companies with which he has links.
He was alleged to have obtained the credit facilities for marine security, electricity distribution, and real estate projects, but moved them to telecom investments tied to NITEL/MTEL assets via a NATCOM account.
After the Central Bank of Nigeria (CBN) revoked the operating licence of Skye Bank in 2018, it nationalised it to Polaris Bank.
The EFCC has been looking into the alleged diversion of funds by Mr Ayeni, resulting in his arrest in Abuja on Thursday, April 23, 2026.
He is being grilled over the matter and would be arraigned in court once the investigation is concluded.
This is not the first time Mr Ayeni has been nabbed and probed by the EFCC, as this happened a few months after his bank lost its licence.
The then acting spokesman for the EFCC, Mr Tony Orilade, said Mr Ayeni was quizzed by detectives over issues related to fraud and embezzlement allegedly committed by him when he was Chairman of the bank a few years ago.
General
Customs, Police Commence Tighter Security at Ports to Protect Oil Trade
By Adedapo Adesanya
“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities.”
General
FG Boosts Civil Servants’ Pay with New Allowance Review
By Adedapo Adesanya
The federal government has approved a sweeping increase in peculiar allowances and other welfare benefits for civil servants, aimed at improving take-home pay and boosting morale across the public service.
The announcement was made on Friday by the Head of the Civil Service of the Federation, Mrs Didi Walson-Jack, during a press briefing in Abuja, where she outlined key reforms endorsed by the Federal Executive Council (FEC).
According to Mrs Walson-Jack, the review affects workers under both the Consolidated Public Service Salary Structure (CONPSS) and the Consolidated Research and Allied Institutions Salary Structure (CONRAISS), ensuring a broad-based impact across all cadres.
She said the revised peculiar allowances have been structured to reflect across all grade levels, resulting in a meaningful increase in earnings for both junior and senior officers.
In addition, the government approved an upward review of several key allowances, including duty tour allowance (DTA), estacode, and book allowance.
Mrs Walson-Jack noted that virtually all allowances listed under the Public Service Rules have now been revised.
A major highlight of the reform is the approval of 100 per cent Duty Tour Allowance for civil servants attending approved training programmes, regardless of whether travel is involved.
Beyond salary-related adjustments, the government also introduced a new exit benefit scheme for retiring civil servants under the Contributory Pension Scheme. The scheme provides 100 per cent of a retiree’s total annual emoluments as an exit package, in addition to their pension, effective January 1, 2026.
Mrs Walson-Jack described the move as a step toward ensuring dignity in retirement, stressing that no public servant should leave service without adequate financial support.
The government also confirmed the operationalisation of the Employee Compensation Scheme, designed to provide financial protection for workers who suffer job-related injuries or death.
The reforms come amid growing calls from labour unions for improved welfare, as rising living costs continue to put pressure on workers. Analysts say the combined measures could significantly enhance financial stability for civil servants and improve overall productivity in the public sector.
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