General
Gerald Irona has no Case With EFCC—Aide
By Modupe Gbadeyanka
The immediate past Deputy Governor of Imo State, Mr Gerald Irona, has denied reports that he was arrested by operatives of the Economic and Financial Crimes Commission (EFCC).
The politician, who was sacked from office alongside his boss, Mr Emeka Ihedioha, by a supreme court judgement that brought in Mr Hope Uzodinma, said via a statement from his media aide, Mr Walter Duru, said he has no case with the anti-graft agency.
The statement said reports that Mr Irona was “intercepted at the Nnamdi Azikiwe International Airport, Abuja and taken to the EFCC headquarters for interrogation” was not only false but also malicious.
It was alleged that Mr Irona was picked up by the EFCC for allegedly collecting N400 million monthly from the account of the Imo State Oil Producing Areas Development Commission (ISOPADEC) in their short stay in power.
It was also alleged that he mismanaged N5 billion counterpart funds for the Rural Access Mobility Project (RAMP) and that he failed to return his passport to the EFCC after using it last year.
But Mr Duru, in a statement made available to Business Post, disclosed that, “For the avoidance of doubt, immediate past Deputy Governor of Imo State, Gerald Irona was neither invited nor arrested by operatives of the EFCC or any other law enforcement agency in Nigeria.”
He added that Mr Irona was not under any form of investigation whatsoever, noting that he is relaxing in his residence and is not arrested, invited or wanted as reported.
According to him, “The allegation of misappropriation of ISOPADEC funds is laughable as the former Deputy Governor was never the Chief Executive Officer of the oil commission and could not have been in charge of the commission’s funds.
“We consider it an insult and an attempt to reduce Imo State’s former Deputy Governor to the mere head of one of the many parastatals in the state.
“On the allegation of mismanaging RAMP funds, nothing could be more untrue. The former Deputy Governor never managed any such funds and has nothing whatsoever to do with it.
“On the allegation that the former Deputy Governor never returned his passport to EFCC, it is strange as Irona was never a guest of the EFCC and at no time did the anti-graft agency seize his passport.
“Gerald Irona is a responsible and patriotic, law-abiding Nigerian and will not waste a second in responding to any call or invitation from any constituted authority.
“In and out of office, Irona has lived a transparent, disciplined and decent lifestyle, worthy of emulation.
The sponsors of this report are political detractors envious of the rising profile of the darling former Deputy Governor of Imo State.
“While we consult our lawyers on a possible legal remedy for this brazen and irresponsible spread of outright falsehood, the general public is hereby advised to disregard the report in its entirety, as there is no iota of truth in it.
“It is on record that the brief administration of former Governor Emeka Ihedioha remains the most transparent, focused and result-driven administration Imo State has ever had.”
General
Tinubu Leaves Nigeria Monday for Türkiye on State Visit
By Aduragbemi Omiyale
On Monday, January 26, 2026, President Bola Tinubu will leave Abuja for Türkiye for a state visit aimed at “strengthening the existing cordial relations between the two countries and exploring further areas of cooperation in security, education, social development, innovation, and aviation.”
This is according to a statement issued on Sunday by the Special Adviser to the President on Information and Strategy, Mr Bayo Onanuga.
The president’s spokesman disclosed that the visit is to reciprocate an official two-day visit of Turkish President, Mr Recep Tayyip Erdogan, to Nigeria on October 19, 2021.
Mr Tinubu, according to the statement, will be going to European nation along with other senior government officials, including the Minister of Foreign Affairs, Mr Yusuf Tuggar; the Attorney General of the Federation and Minister of Justice, Mr Lateef Fagbemi (SAN); the Minister of Defence, Mr Christopher Musa; and the chairman of the House Committee on Defence, Mr Jimi Benson.
Others on the entourage of the president are the Minister of Women Affairs and Social Development, Ms Imaan Suleiman-Ibrahim; the Minister of Interior, Mr Olubunmi Tunji-Ojo; the Minister of Culture and Creative Economy, Ms Hannatu Musawa; the National Security Adviser (NSA), Mr Nuhu Ribadu; and the Director-General of the National Intelligence Agency (NIA), Mr Mohammed Mohammed.
During the visit, both countries will engage in strategic political and diplomatic discussions on shared values in finance, communication, trade and investment.
The agenda will include meetings between high-ranking officials of both nations and the signing of memoranda of understanding (MoUs) in scientific research, energy, technical cooperation, media and communications, military cooperation and protocol, among others.
A business forum will bring together investors from both countries to explore areas of interest during the visit, with Mr Tinubu expected to return to Nigeria afterwards.
General
Lagos, NGX Group, HEI Expand Project BLOOM to Alimosho
By Aduragbemi Omiyale
Over 120 malnourished children in Alimosho Local Government Area of Lagos State have been given nutritional support, medical screening, and caregiver education.
This was made possible through an initiative known as the Project BLOOM (Bringing Life to Our Overlooked Minors) put together by the Nigerian Exchange (NGX) Group Plc in partnership with the Lagos State government and the Health Emergency Initiative (HEI).
NGX Group staff volunteers worked alongside Lagos State health workers and HEI facilitators during the outreach, assisting with screenings and data recording. Structured follow-up visits are scheduled after four weeks to monitor recovery and provide extended care where necessary.
The Alimosho programme was the third under the initiative. The beneficiaries were hosted at the Lagos State Health District I.
Earlier, the initiative benefitted residents of Yaba and Ajegunle. Over 320 children and 300 caregivers were reached, with monitoring data showing that more than 50 per cent of beneficiaries in the first two phases entered recovery.
The chief executive of NGX Group, Mr Temi Popoola, linked the initiative to broader economic resilience, saying, “Sustainable capital markets are built on strong social foundations. The recovery rates we see with Project BLOOM prove that targeted, collaborative action between the public sector, civil society, and the private sector can deliver tangible impact.”
Also, the Executive Director of HEI, Achunine Pascal, said child malnutrition remains a major contributor to under-five mortality in Nigeria, adding that Project BLOOM is designed to go beyond immediate food support through structured follow-up and continued care.
On his part, the chairman of Alimosho Local Government Area, Mr Akinpelu Ibrahim Johnson, said the initiative supports the council’s long-term strategy for improving child nutrition through early detection, prevention, and effective management of malnutrition.
Representing the Permanent Secretary, Lagos State Health District I, Dr. Solomon Adeyanju commended NGX Group for its commitment to child health, describing Project BLOOM as a valuable complement to the state’s primary healthcare efforts.
With additional outreaches planned, the partners reaffirmed their commitment to reducing preventable child mortality while strengthening the social foundations required for sustainable economic growth.
General
SERAP Sues Adelabu, NBET Over Alleged Missing N128bn
By Adedapo Adesanya
The Socio-Economic Rights and Accountability Project (SERAP) has dragged the Minister of Power, Mr Adebayo Adelabu, and the Nigerian Bulk Electricity Trading (NBET) Plc before a Federal High Court in Abuja over their failure to account for an alleged missing N128 billion public funds.
The group in a statement on Sunday by its Deputy Director, Mr Kolawole Oluwadare, said the suit, marked FHC/ABJ/CS/143/2026, was filed last Friday following allegations contained in the Auditor-General of the Federation’s report published on September 9, 2025.
In the lawsuit, SERAP is seeking an order of mandamus compelling Mr Adelabu and NBET to account for what it described as “the missing or diverted N128bn from the Ministry of Power and NBET.”
The organisation is also asking the court to direct the defendants to disclose “details of how the missing or diverted N128bn was spent, including the dates of disbursement and the purported beneficiaries or contractors who received the money.”
SERAP further urged the court to compel the disclosure of “the full names, official designations and offices of all public officers who authorised, approved or otherwise participated in the release of the missing or diverted N128bn.”
According to the group, Nigerians have continued to suffer the consequences of corruption in the electricity sector, particularly amid recurring grid collapses and erratic power supply.
“Nigerians continue to pay the price for the widespread and grand corruption in the power sector,” the group said, adding that “there is a legitimate public interest in ensuring justice and accountability for these grave allegations,” arguing that granting the reliefs sought would help tackle systemic failures in the sector.
“Granting the reliefs sought would contribute to tackling corruption in the power sector and addressing the persistent breakdown of transmission lines in the country, as well as improving access of Nigerians to regular and uninterrupted electricity supply,” it stated.
The group further warned that corruption has deepened hardship for electricity consumers, noting that “ordinary Nigerians continue to pay the price for corruption in the electricity sector—staying in darkness, but still made to pay crazy electricity bills.”
The suit, filed by SERAP’s lawyers, Mr Kolawole Oluwadare, Ms Kehinde Oyewumi and Mr Andrew Nwankwo, relied heavily on findings from the Auditor-General’s 2022 audited report, which detailed multiple alleged financial irregularities involving the Ministry of Power and NBET.
The organisation stressed that public institutions are legally bound to ensure transparency, accountability, and the abolition of corrupt practices.
No date has been fixed for the hearing of the suit.
Business Post had reported earlier that Mr Adelabu claimed that the missing money happened prior to his appointment as the minister of power.
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