
News
PFIPC scandal: How CBN opened domiciliary accounts for phantom agency

This is as the Chief of Staff to the President, Femi Gbajabiamila, appeared at the headquarters of the Independent Corrupt Practices and Other Related Offences Commission to testify in the ongoing investigation into the activities of the fictitious agency.
The apex bank’s admission came at the public hearing convened at the National Assembly Complex by the House of Representatives Ad-hoc Committee investigating the existence and operations of the PFIPC, chaired by Yusuf Gagdi and inaugurated by Speaker Tajudeen Abbas.
Monday’s hearing revealed critical gaps in the bureaucratic processes that allowed the fictitious agency to obtain the functional perks accorded to real government agencies.
Represented by the Director of its Banking Services Department, Hamisu Ibrahim, the CBN said the accounts, one in US dollars, the other in British pounds sterling, were opened following a mandate received from the Office of the Accountant-General of the Federation.
“On July 30, 2025, we received a mandate dated July 29, 2025 from the Office of the Accountant-General. We received the mandate to authorise two accounts, one a US dollar domiciliary account, the other a pound domiciliary account, for the Presidential Economic Advisory Council/Presidential Foreign Investment Promotion Council,” Ibrahim told the committee.
He explained the CBN’s verification process, saying, “The process of opening an account requires a mandate from the Office of the Accountant-General of the Federation.
“Once we receive that mandate, we perform all the necessary verifications to confirm that this mandate is actually coming from that office.
“The department that handles the mandate is different from the department that actually does the account opening,” he said.
Nevertheless, he noted that no one came to activate the accounts after they were opened.
“We did not receive any correspondence, mandate, signature or mandate cards. We were not introduced to the authorising or approving officers.
“Based on that, those accounts remain inactive, with zero balance. There have been no foreign exchange allocations.
“The accounts have maintained zero balance from inception to date and have never recorded any inflow or outflow,” Ibrahim said, adding that a statement of account had been attached to the committee’s records.
However, the CBN’s account directly contradicted an earlier submission by Accountant-General Shamseldeen Ogunjimi, who had claimed that no accounts were opened in the PFIPC’s name.
Also testifying before the committee, the Head of the Civil Service of the Federation, Didi Walson-Jack, said her office never allocated any space to the PFIPC.
Records available to the Office of the Head of the Civil Service, she said, showed that the office space reportedly occupied by the council at the Federal Secretariat Phase III had been officially allocated to the Office of the Secretary to the Government of the Federation, not to the fictitious council.
“There is speculation that the council occupied office space in the Federal Secretariat Phase III. We can state categorically that the Office of the Head of the Civil Service of the Federation did not allocate any office space to the council.
“The office space indicated as the council’s official address forms part of the office accommodation allocated to the Office of the Secretary to the Government of the Federation for the use of the OSGF and presidential bodies,” she said.
Walson-Jack, however, told the committee that during the 2025 Annual Manpower Budget Defence Exercise, the council submitted additional documents through one Patricia Akhigbe, including the appointment letter of its Director-General and details of its mandate, after which its request was processed alongside those of 87 other ministries, departments and agencies.
An authorised establishment for 314 positions was subsequently issued to the council, and a recruitment waiver followed days later, she explained.
Walson-Jack said Akhigbe had since been invited for questioning by the police.
She stressed that her office neither deployed staff to the council nor approved any recruitment, and urged the committee to direct further inquiries to the Office of the SGF.
In his ruling after the day’s hearing, committee chairman Gagdi asked the Secretary to the Government of the Federation, George Akume, and other top government functionaries to appear before the panel on Thursday.
He stated, “In continuation of this assignment, the secretariat should invite the SGF to appear and brief this committee on the issues raised.
“Also to appear on Thursday are the Inspector-General of Police, Minister of Foreign Affairs, Minister of Finance, the Attorney-General of the Federation and Minister of Justice as well as the Minister of Budget and National Planning.”
“Also invited are the Accountant-General of the Federation, heads of the Budget Office of the Federation, Revenue Mobilisation, Allocation and Fiscal Commission, the National Salaries, Incomes and Wages Commission.”
News
Lecturer Suspended for claiming Keke riders earn more than Professors

The Abia State University, Uturu, has placed an Economics lecturer, Prof. Nnamdi Nwaeze, on immediate suspension over comments he made about the earnings of university professors.
Nwaeze, a lecturer in the Department of Economics, Faculty of Economics and Management Sciences, reportedly made the remarks in posts published on his Facebook account.
In the posts, he alleged that some professors at the university take home less than N400,000 monthly.
He also compared the earnings of the academics with those of commercial tricycle operators, popularly known as Keke riders, claiming that some riders could earn more cumulatively than university professors.
The university authorities described the lecturer’s social media comments as damaging to the interests of the institution.
The suspension was announced in a statement issued by the university’s Public Relations Officer and Deputy Registrar, Chijioke Nwogu.
Management also disclosed that it had constituted a panel to investigate the allegations and examine the circumstances surrounding the lecturer’s statements.
The outcome of the investigation is expected to determine the university’s next course of action.
News
Anambra NDC Crisis Deepens As 2 Contending Aspirants Lose Assembly Ticket

By Okey Maduforo Awka
The crisis over who is the candidate of the Nigeria Democratic Congress( NDC) for Anaocha 1 state Constituency in Anambra state has deepened following confirmation that neither incumbent Lawmaker Hon Nkechi Ogbuefi nor Chief Azubuike Okoye is the candidate of the party .
The party in the state yesterday confirmed that Mr Kevin Alike is the candidate of the party for Anaocha Constituency 1 and his name has already been uploaded at the portal of the Independent National Electoral Commission (INEC).
Further more, the candidate for Anaocha Constituency 2 is yet undecided as the battle has remained unsettled.
Recall that Hon Nkechi Ogbuefi had accused Chief Azubuike Okoye of parading himself as the candidate of the party contending that as an incumbent Lawmaker, the party had granted all serving lawmakers in the party waver during the conduct of the party primary elections upon which she emerged as candidate.
But Hon Azubuike Okoye had dismissed the allegation adding that it is the duty of INEC to make public who the candidate is and that he would not join issues with the reports on Social Media.
Ogbuefi had told reporters that when she reported the matter to the state Chairman of the party Chief Ikem Uzoezie he told her to ignore the claim that Mr Peter Obi personally submitted her name as candidate.
But in a turn of events, the Chairman Ikem Uzoezie told reporters that the candidate for Anaocha 1 state Constituency is Mr Kevin Alike whose name has been uploaded into the portal of INEC.
Uzuezie further stated that the case of Anaocha Constituency 2 is yet to be decided yet adding that the two aspirants for the ticket is Hon Azubuike Okoye and Eric Maduagwu and they when all arrangements are concluded, the candidate for Anaocha 2 Constituency would be made public.
News
15 Dead, 200 Buildings at Risk as Sand Mining Ravages Anambra Community

By Okey Maduforo, Awka
About 15 persons have reportedly died, while more than 200 buildings are said to be at risk of collapse as a result of extensive sand mining activities in Uga Community, Aguata Local Government Area of Anambra State.
The sand mining business has continued to worsen gully erosion in the community, which is already known to be one of the erosion-devastated areas of the state.
More worrisome is the alleged destruction of three newly constructed roads in the area by heavy-duty trucks that frequently visit the mining sites to evacuate sand, a development residents said was threatening road infrastructure in the community.
Recall that the Anambra State Government, through the Commissioner for Environment, Dr Clem Aguiyi, had banned sand excavation in some parts of the state, particularly in Aguata, Orumba North and Orumba South Local Government Areas.
The government also established a task force to monitor sand mining activities in the affected communities, warning that it would not tolerate activities capable of worsening environmental degradation. The government had also lamented that the landmass of Anambra State was shrinking daily due to the menace of gully erosion.
However, residents of Uga Community alleged that some youths had been engaged by sand miners to create insecurity in parts of the community, thereby causing division within the Town Union Youth Association.
When reporters visited Umudimishi Village in Uga, residents protested and appealed to Governor Charles Soludo to visit the area on a fact-finding mission and take urgent steps to halt the activities of the sand miners.
Speaking, the Chairman of Umudimishi Village, Uga, Nze Jude Ibeabuchukwu Ugochukwu, said the community had battled gully erosion for decades.
He said, “We have been victims of gully erosion. Since I was born, I grew up to see gully erosion in my town.
“We have about five gully erosion sites in my area, including one that came from our neighbouring town, Umueze, another one in our town and others in different locations.
“We have been witnessing gully erosion for over 37 years now, but successive governments and the villagers have been working on the gullies.”
Ugochukwu lamented that the effect of sand mining had also discouraged some youths from engaging in legitimate businesses and trades.
“Every morning, they visit the mining sites because of the pittance they get from there, and they don’t want to be useful to themselves.
“The mining has gotten to residential areas where people are living, such as Umudimishi, Awarasi and Agbakuwa villages.
“So far, about 200 buildings are now at risk of gully erosion, and before the end of this year, or within the next five months, at least 70 houses could be destroyed by gully erosion caused by sand mining activities in our town,” he said.
He maintained that the land belonged to the town and alleged that the community did not authorise anyone to carry out sand mining in the area.
According to him, the initial miners, known as Morning Star, used to excavate sand manually before the introduction of excavators.
“Today, the excavators pay N400 per load and some money to the youths of our community,” he alleged.
The community leader further lamented that the sand mining activities had damaged roads constructed by the Soludo administration, alleging that the heavy trucks conveying sand had weakened the newly constructed roads.
“Roads such as the Obizi Road, Umueze Road, Ugwu-Onyeocha Road to Nkwo-Uga and Awarasi are being destroyed.
“We call on the government to visit these areas with a fact-finding team to assess the level of environmental degradation as well as the destruction of the newly constructed roads,” he said.
Similarly, the Chairman of the Youths in Umudimishi Village, Mr Ifeanyichukwu Agbara, claimed that more than 15 people had died in connection with activities at the mining sites, while some were allegedly killed by gunmen.
He said the youth leadership had been trying to discourage young people from depending on sand mining as a source of livelihood.
“We have been fighting to ensure that our youths get into something meaningful and do not depend on sand mining.
“They don’t want to learn any trade. All they do is go to the beach site to mine sand.
“Some of our youths have formed a parallel youth organisation against the official youth organisation.
“They call themselves Ekwere-Kwesike. They pay them N1,000 for each tipper load, which they share every day,” he alleged.
Agbara said the mining activities had claimed the lives of several youths in the community, particularly when mining pits collapsed.
“This beach-site business has killed a lot of youths in the town because sometimes the sites collapse while the youths are working there.
“We have had about seven youths die on the site. Sometime ago, it killed four other people at the same time.
“Also, there was an incident where some gunmen stormed the site and opened fire on the people working there and killed about three of them.
“The total number of deaths is about 15. That is why we are calling on the government to come and help us. We are ready to take the government to the affected areas,” he lamented.
The residents urged the state government to urgently investigate the allegations, assess the extent of environmental degradation and take steps to protect lives, homes and road infrastructure in the affected parts of Uga Community.
News
18-Year-Old Drowns After Falling Into Pond

18-Year-Old Drowns in Kano Pond
The Kano State Fire Service has confirmed the death of 18-year-old Abdullahi Aminu, who drowned after falling into a pond at Kofar Gabas in Danbatta Local Government Area of the state.
The Director of the Kano State Fire Service, Sani Anas, disclosed this in a statement signed by the service’s Public Relations Officer, Saminu Abdullahi, on Wednesday in Kano.
According to the statement, the incident occurred on Tuesday afternoon.
Abdullahi said the service received a distress call from the Danbatta Fire Station at about 3:28 p.m. from Aminu Lawan, the victim’s father, who reported that his son had drowned in the pond.
“Upon receiving the report, we immediately deployed our rescue team to the scene,” he said.
He said the victim was eventually brought out of the pond dead.
The spokesperson said the cause of the incident was still under investigation, adding that the deceased was later handed over to the Secretary to the District Head of Danbatta, Alhaji Baba Ado Sarkin Bai.
Abdullahi sympathised with the family of the deceased and urged residents to exercise caution around ponds and waterways, particularly during the rainy season.
(NAN)
News
Air Peace operations disrupted as aviation unions ground 70 flights

Passengers were left stranded in Abuja and Lagos on Tuesday as aviation unions shut down operations of Air Peace over allegations that the airline was frustrating workers’ unionisation and withholding ticket sales charges owed to the Nigerian Civil Aviation Authority (NCAA).
The disruption affected flights in Lagos, Abuja and Enugu, with about 70 flights reportedly grounded.
The situation escalated when an Air Peace driver allegedly drove a large bus onto the airside during the unions’ picketing exercise.
The NCAA confirmed the incident and said the driver could face prosecution for allegedly obstructing movement within the airside. The Federal Airports Authority of Nigeria (FAAN) subsequently towed the vehicle away.
NCAA Director of Public Affairs and Consumer Protection, Michael Achimugu, said the authority had ordered that the driver be identified and arrested.
He said, “During the enforcement of the picketing, a driver drove the large bus to the runway, parked and left the place. We have ordered that the driver in question be identified and arrested for onward prosecution. How can somebody block the runway? That is seriously uncalled for. We will investigate, and the necessary portions of the Act will be invoked.”
However, Air Peace spokesperson, Efe Whiskey-Osifo, denied that the bus blocked the runway.
The incident occurred as the National Union of Air Transport Employees (NUATE), Air Transport Services Senior Staff Association of Nigeria (ATSSSAN) and National Association of Aircraft Pilots and Engineers (NAAPE), backed by the Nigeria Labour Congress (NLC) and Trade Union Congress (TUC), commenced picketing of Air Peace.
The unions accused the airline of frustrating workers’ efforts to unionise and failing to remit the five per cent Ticket Sales Charge (TSC) allegedly owed to the NCAA.
A NUATE official, who spoke on condition of anonymity, claimed that airlines under the Airline Operators of Nigeria (AON) owed about N25bn in TSC, with Air Peace accounting for approximately N15bn.
“There’s a meeting between the airline operators association. You are aware of the cause of the strike: TSC issues amounting to about N25bn. The total accrued to AON is N25bn.
“Air Peace is having the highest amount of N15bn, and secondly, they are denying airline workers of organising and to form unions, which is a fundamental right. Those are the two things that we are fighting for,” the official said.
The unions had earlier issued three warnings to airlines over the alleged non-remittance of the charge before threatening to commence picketing.
The five per cent TSC is collected from passengers on airline tickets and is required to be remitted to the NCAA for distribution among relevant aviation agencies to support their operations.
Air Peace, however, rejected the allegations, insisting that it had remitted the TSC to the NCAA and questioning why its operations were singled out for disruption.
Whiskey-Osifo said the unions targeted Air Peace’s major operational hubs in Lagos, Abuja and Enugu, effectively grounding its network.
“The unions picketed our operations across board. Lagos, Enugu, Abuja, stopping those places, which are our hubs, those places where we do night stops. So they basically grounded all our operations,” he said.
He added that while the unions had threatened to picket all Nigerian airlines, other carriers, including Ibom Air, Enugu Air and Aero, operated flights.
“They stated that they were going to picket all Nigerian airlines. However, the likes of Ibom Air, Enugu Air, even Aero, operated flights today. And you solely picked on only Air Peace, disrupting flights, the first flight out of Lagos, Abuja, and Enugu,” he said.
The Air Peace spokesperson also said the airline’s workers did not want to join the unions.
“The reason why they are singling out Air Peace is that Air Peace staff, number one, don’t want to join the unions. We don’t want to join at all,” he said.
According to him, Air Peace workers had staged a peaceful protest against unionisation but alleged that union members later infiltrated the demonstration and caused a confrontation.
“We came out to protest peacefully, but unfortunately, they hampered our operations,” he said.
The unions, however, maintained that workers’ right to organise was non-negotiable.
Achimugu said the AON had appealed to the unions to suspend the picketing to allow discussions with the affected airlines, particularly Air Peace, whose chairman is also a senior executive of the association.
“The AON pleaded with the unions to suspend it while they schedule a meeting, especially with Air Peace management,” he said, adding that the unions had been informed that a meeting could take place on Wednesday.
The NCAA spokesperson said the industrial action affected several airlines operating from specific terminals in Lagos and Abuja.
“I know that a number of airlines operating from specific terminals in Lagos and Abuja were disrupted. Take, for instance, in Abuja, a terminal that was shut down; it affected airlines like Air Peace, Aero and a host of others,” he said.
By Tuesday evening, Air Peace said it had begun restoring its operations.
“We are operating flights already. Flights will operate today irrespective of the situation,” the airline said.
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