Headlines
FG says $1b stolen funds recovered since 2015

Federal Government revealed, yesterday, that it has recovered about $1 billion since inception of the President Muhammadu Buhari administration in 2015.
Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, made the disclosure while briefing reporters on outcome of the Federal Executive Council (FEC) meeting, presided over by Buhari, at the Presidential Villa, Abuja.
Malami, who disclosed that the recovered assets have been deployed to various sectors of the economy, including government’s poverty alleviation schemes, further announced Council’s approval of the new Anti-corruption Strategy Document (2022 to 2026), aimed at boosting fight against graft in the country.
The AGF said while government recorded only 109 convictions before 2015, the Buhari administration has convicted over 3,000 offenders, even as he expressed government’s concern over sundry cases of budget padding, describing the development as worrisome. He noted, however, that measures would be explored to address the menace.
Malami’s position is coming on the heels of revelations from the ongoing budget defence for ministries, departments and agencies at the National Assembly.
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Recall that Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Farouq, had faulted Minister of Finance, Zainab Ahmed, for adding N206 billion to the humanitarian ministry’s budget.
Farouq, who appeared before the Senate Committee on Special Duties on Monday, to defend the 2023 budget, claimed the ministry requested some projects for the North East Development Commission and the National Social Safety Net Project in the 2022 budget, which were not released, but was surprised to see an inflated amount in the 2023 budget of the ministry.
Malami said: “Whichever way one looks at it, budget padding is bad, because if you budget N5 billion for roads and N3 billion of that fund is diverted, it means government has lost that money, and it will take a longer period to complete the project. The government is concerned and will do what is necessary to address the issue.”
Headlines
Benue IDPs block highway, demand return to ancestral homes

Vehicular movement along the Yelwata axis of the Benue–Nasarawa highway was brought to a standstill on Wednesday as Internally Displaced Persons, IDPs, staged a protest, demanding immediate return to their ancestral homes.
The protesters, believed to be victims of persistent attacks by suspected herdsmen, blocked both lanes of the busy highway for several hours, chanting “We want to go back home”.
The protest caused disruption, leaving hundreds of motorists and passengers stranded.
Eyewitnesses said the displaced persons, many of whom have spent years in overcrowded IDP camps, are expressing deep frustration over the government’s delay in restoring security to their communities.
“We have suffered enough. We want to return to our homes and farms,” one of the protesters told reporters at the scene.
Security personnel were reportedly deployed to monitor the situation and prevent any escalation, though tensions remained high as of press time.
Efforts to reach the Benue State Emergency Management Agency, SEMA, and other relevant authorities for comment were unsuccessful.
Headlines
NNPCL reveals decision not to sell Port Harcourt refinery

The Nigerian National Petroleum Company Limited, NNPCL has officially decided not to sell the Port Harcourt Refining Company.
NNPCL has, instead said it is committed to conducting an extensive rehabilitation of the facility and ensuring its continued operation.
During a company-wide town hall meeting held at the NNPC Towers in Abuja, Bayo Ojulari, the Group Chief Executive Officer of NNPC Ltd, announced the decision regarding the future of the nation’s most significant state-owned refining asset, putting an end to weeks of speculation.
A statement by NNPCL reads, “The Nigerian National Petroleum Company Limited has officially ruled out the sale of the Port Harcourt Refining Company, reaffirming its commitment to completing high-grade rehabilitation and retention of the plant.
“The ongoing review indicates that the earlier decision to operate the Port Harcourt refinery, before full completion of its rehabilitation, was ill-informed and subcommercial.
”Although progress is being made on all three, the emerging outlook calls for more advanced technical partnerships to complete and high-grade the rehabilitation of the Port Harcourt refinery.
”Thus, selling is highly unlikely as it would lead to further value erosion.”
Headlines
Tinubu appoints Olumode Adeyemi as Federal Fire Service boss

President Bola Tinubu has approved the appointment of Adeyemi Olumode, as the new Federal Fire Service, FFS, Controller-General.
The appointment was announced on Wednesday on behalf of the Federal Government by retired Maj.-Gen Abdulmalik Jubril, Secretary of the Civil, Defence, Correctional, Fire and Immigration Services Board, CDCFIB.
Jubril said the appointment followed the retirement of the current Controller-General, Abdulganiyu Jaji, on August 13.
Jaji is retiring upon attaining the age of 60 by August 13.
Jibril further disclosed said that Adeyemi Olumode is qualified for the position, having attended and passed all mandatory in-service training, Command courses as well as other courses within and outside the country.
“He brings a wealth of experience to his new role, having transferred his service from the FCT Fire Service to the Federal Fire Service and grown to the rank of DCG in the Human Resource Directorate of the Service Headquarters.
“He has served in various capacities and is equally a member/fellow of the following professional associations including Association of National Accountants of Nigeria, ANAN, Institute of Corporate Administration of Nigeria, Institute of Public Administration of Nigeria and Chartered Institute of Treasury Management of Nigeria.”
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