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FG Releases More Names of Treasury Looters

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**Lists FFK, Oduah, Maduekwe, Others

By Modupe Gbadeyanka

More names of those who have allegedly looted the nation’s treasury have been released by the Federal Government.

This is coming about 48 hours after Minister of Information and Culture, Mr Lai Mohammed, released the first list in Lagos.

In the list released on Sunday, the Minister said, “At the press conference where the [first] list was released, I did say it was a tip of the iceberg.

“Apparently, this does not mean anything to people whose style is to comment on issues they barely understand, or just to shoot down anything coming from the government.

“The Federal Government has a large number of alleged looters on its list. What was the PDP expecting when it challenged the FG to name the looters of the public treasury under the party’s watch? Did the PDP actually believe that the massive looting under its watch was a joke?”

According to Mr Mohammed, the first list was based on verifiable facts, including the amount involved, the date the amount in question was collected and from where it was taken.

He said the second was released in response to those who complained that the first was too short, adding that government will not be intimidated or blackmailed into silence.

According to him, the present administration of President Muhammadu Buhari will also not rest until all those who looted the public treasury have been brought to justice.

Below are the name of the alleged looters released in the second list by the Minister today;

Former NSA Sambo Dasuki: Based on EFCC investigations and findings (this is beside the ongoing $2.1 billion military equipment scandal), a total of N126 billion, over $1.5 billion and 5.5 million British Pounds was allegedly embezzled through his office.

Former Petroleum Resources Minister Dieziani Alison-Madukwe: In one of the cases the EFCC is investigating involving her, about N23 billion is alleged to have been embezzled.

Rtd. Lt.-Gen. Kenneth Minimah

Lt.-Gen. Azubuike Ihejirika

Alex Barde, former Chief of Defence Staff

Inde Dikko: former CG Customs

Air Marshal Adesola Amosun

Senator Bala Abdulkadir, former FCT Minister

Senator Stella Oduah

Former Niger State Governor Babangida Aliyu

Senator Jonah Jang, former Plateau State Governor

Bashir Yuguda, former Minister of State for Finance

Senator Peter Nwaboshi

Aliyu Usman: Former NSA Dasuki’s aide

Ahmad Idris: Former NSA Dasuki’s PA

Rasheed Ladoja: Former Oyo Governor

Tom Ikimi

Femi Fani-Kayode

Hassan Tukur, former PPS to President Goodluck

Nenadi Usman

Benedicta Iroha

Aliyu Usman Jawaz: Close ally of former NSA Dasuki

Jonah Jang, former Plateau State Governor

Godknows Igali.

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

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ICPC to Probe Farouk Ahmed Despite Dangote’s Petition Withdrawal

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ICPC poor funding

By Adedapo Adesanya

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has said it would continue the probe of a former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Ahmed Farouk, despite the withdrawal of the petition by Mr Aliko Dangote.

The agency said it had received a “notice of withdrawal” of the petition against Mr Ahmed, submitted by a legal counsel to the petitioner.

Recall that Mr Dangote had alleged that Mr Ahmed, a public servant, spent over $7 million in public funds on the education of his four children in different schools in Switzerland, allegedly paying fees upfront for a period of six years.

In December, the businessman demanded the arrest, investigation, and prosecution of the former MD for allegedly living above his means as a public servant.

In the petition, Mr Dangote listed the children and their schools in Switzerland, including the amount paid for each of them to establish his allegations and verification by the anti-graft agency.

Mr Ahmed denied the allegations, describing them as “wild and spurious”.

The ex-NMDPRA boss has since resigned from his position, prompting a withdrawal of the petition by the businessman.

However, the ICPC said in line with the provisions of sections 3(14) and 27(3) of its enabling law, it would continue to investigate the matter in line with its statutory mandate and in the interest of transparency, accountability, and the fight against corruption for the benefit of Nigeria.

“The Independent Corrupt Practices and Other Related Offences Commission (ICPC) is in receipt of a letter dated January 5, 2026, titled “Notice of Withdrawal of Petition against Engineer Farouk Ahmed,” submitted to the Commission by Dr. O.J. Onoja, SAN and Associates, legal counsel to Alhaji Aliko Dangote,” a statement by the spokesperson of the commission, Mr J. Okor Odey, partly read.

“The letter from O. J. Onoja SAN, states that the petitioner has withdrawn the petition dated 16 December, 2025, submitted against Engineer Farouk Ahmed, the immediate past ACE/CEO of the NMDPRA, in its entirety, and that another law enforcement agency has taken over.

“The ICPC wishes to state categorically that, in line with the provisions of sections 3(14) and 27(3) of its enabling Act, the investigations in the interest of the Nigerian people and the Nigerian state have already commenced and are presently ongoing,” the statement added.

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Rivers Assembly Begins Impeachment Proceedings Against Governor Fubara

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tinubu fubara wike

By Aduragbemi Omiyale

Members of the Rivers State House of Assembly have commenced impeachment proceedings against Governor Sim Fubara.

The exercise commenced on Thursday and if successful, it would see the removal of Mr Fubara from office by the state parliament.

This is coming less than less than four months after he was restored as the Governor of the oil-rich state from a six-month suspension on democracy in the state.

In March 2025, President Bola Tinubu suspected Mr Fubara and the Rivers State House of Assembly over political tension between the Governor and his predecessor, Mr Nyesom Wike, who is now the Minister of the Federal Capital Territory (FCT) Abuja.

A peace deal was reportedly brokered by Mr Tinubu between Mr Fubara and Mr Wike but things fell apart a few months after.

The Rivers Assembly is populated by loyalists of Mr Wike and has lawmakers from the All Progressives Congress (APC) and the People’s Democratic Party (PDP).

A few weeks ago, the Governor decamped from the PDP to the APC, in a move described as a masterstroke because it was calculated that it would free Mr Fubara from the grip of Mr Wike, who has been expelled from the PDP but yet to join the APC.

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Dangote Withdraws Petition Against Ex-NMDPRA CEO Farouk Ahmed

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farouk ahmed

By Modupe Gbadeyanka

The petition filed by Mr Aliko Dangote to the Independent Corrupt Practices and Other Related Offences Commission (ICPC) against the former chief executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Mr Farouk Ahmed, has been withdrawn.

The businessman had accused Mr Ahmed of using his office to enrich himself and living above his means.

According Mr Dangote, the former NMDPRA chief spent about $7 million belonging to Nigerians for the primary education of his four children in Switzerland.

In the heat of this, Mr Ahmed resigned from the position, with the ICPC promising to further look into the matter.

It was gathered that the owner of the Lagos-based Dangote Petroleum Refinery has withdrawn his petition against Mr Ahmed from the ICPC because a similar complaint is already being investigated by the Economic and Financial Crimes Commission (EFCC).

The ICPC, in a statement signed by its Head of Media and Public Communications, Mr John Okor Odey, on Wednesday said, “The ICPC is in receipt of a letter dated January 5, 2025, titled ‘Notice of Withdrawal of Petition against Engineer Farouk Ahmed’, submitted to the commission by Dr. O.J. Onoja, SAN and Associates, legal counsel to Aliko Dangote.

“The letter states that the petitioner has withdrawn the petition dated December 16, 2025, submitted against Engineer Farouk Ahmed, the immediate past ACE/CEO of the NMDPRA, in its entirety, and that another law enforcement agency has taken over.

“The ICPC wishes to state categorically that, in line with the provisions of Sections 3(14) and 27(3) of its enabling Act, investigations in the interest of the Nigerian people and the Nigerian state have already commenced and are presently ongoing.

“The ICPC will therefore continue to investigate this matter in line with its statutory mandate and in the interest of transparency, accountability and the fight against corruption for the benefit of Nigeria.”

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