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C-of-O debts in FCT is over N300 billion – Wike
The Federal Capital Territory (FCT) Minister, Nyesom Wike on Sunday night said debts owed by property owners with regard to Certificates of Occupancy (C of O) is over N300 billion.
Wike spoke at a media parley held at his official residence in Life Camp, Abuja.
The minister also disclosed that his aggressive revenue drive has shot up the monthly earnings of FCT from about ₦9bn when he assumed office in August 2023 to an average of ₦25bn monthly.
He said the nation’s capital generated over ₦40bn in December 2024.
He attributed the growth in revenue to the collection of ground rents and payment of Certificates of Occupancy (C of O) by land allottees.
The minister said the FCT pays salaries to the tune of N13bn every month.
Wike said: “We don’t get up to N13bn from VAT and the 1% from the Federal Government. So, we have to augment the IGR to be able to pay the salaries because of the new wages.
“As at the time I came, we were generating about N9bn to N10bn. Today, by the grace of God, we are not generating less than N25bn a month.
“It is because of our aggressive revenue drive. In fact, last month, we were able to generate about 40 something billion naira. Aggressive revenue drive to be able to carry out infrastructure
“It must be from taxes and when taxes are not paid how do we get development?” he asked.
“In your conscience, can you say that the FCT is justifying the revenue or the taxes you are paying? Yes, it is correct. We can beat our taxes to say we are doing that but it is not enough,” he added.
The Northern Youths Consultative Forum for Justice (NYCJ) has urged Nigerian President Bola Tinubu to declare a state of emergency in Zamfara State, citing a complete breakdown of governance, law, and order.
In a statement issued on Monday in Kano, NYCJ President Dr Sanusi Rano described the situation in Zamfara as “organised abandonment of duty” by elected officials.
“What we are witnessing in Zamfara is not governance. It is betrayal of the people,” Rano said, pointing to the absence of a functional state House of Assembly and allegations linking officials to criminal activities.
The group highlighted the suspension of 10 lawmakers who spoke out against the deteriorating security situation, arguing that their removal has left Zamfara without a legally recognised legislative body.
“This is a dictatorship of silence,” said Rano, adding that the lack of checks and balances has deepened the state’s crisis.
“The same hands that should protect Zamfara are profiting from its destruction,” Rano stated.
Calling for decisive action, the group demanded the appointment of a non-partisan administrator to rebuild the state’s institutions.
“If this is not done now, Zamfara risks becoming a permanent state of anarchy, which threatens our democracy,” Rano warned.
Justice Nwosu-Iheme of a Federal Capital Territory (FCT) High Court in Wuse Zone 2, Abuja, on Monday, sentenced the husband of late gospel singer, Osinachi, Peter Nwachukwu, to death by hanging.
Nwachukwu was found guilty of culpable homicide resulting in the death of the deceased ( his wife) on April 8, 2022.
The judge held that the prosecution had proven the burden of proof placed on it by the law and subsequently found the defendant guilty.
Nwachukwu was arraigned on June 3, 2022 by the Office of Attorney-General of the Federation (OAGF), on behalf of the Federal Government, on a 23-count charge .
The charge was on culpable homicide punishable with death, criminal intimidation, cruelty to children, criminal intimidation of children, spousal battery, among others.
In the course of trial, the prosecution called 17 witnesses, including two children of the late Osinachi, who testified as fourth prosecution and fifth prosecution witnesses, PW4 and PW5 respectively.
The prosecution also tendered 25 documents as exhibits before the court.
The defendant testified for the defence and further called four other witnesses and tendered four exhibits in his defence.
Shortly before sentencing, the defendant, counsel , Reginald Nwali, in his allocutus pleaded with the court to be lenient in its judgment.
Similarly, the prosecution counsel, Mrs Aderonke Imala, urged the court to give force to the law as stipulated.
Justice Nwosu-Iheme subsequently sentenced Nwachukwu to death by hanging on Count 1, while he was sentenced to two years imprisonment each on Counts 2, 3, 8,9, 12, 13, and 18.
The court sentenced the defendant to six months imprisonment on Count 10, three years imprisonment in Count 11, while he was fined the sum of N500,000 and N200,000 respectively on Counts 6 and 7 respectively. (NAN)
A group of lawyers under the banner of the Guardian of Democracy and Rule of Law staged a massive protest at the Federal Ministry of Finance in Abuja on Monday, demanding a judicial inquiry into the tenure of Mele Kolo Kyari, the former Group Chief Executive Officer of the Nigerian National Petroleum Corporation Limited (NNPCL).
The protesters, led by Barrister Benjamin Theophilus, submitted a petition alleging widespread corruption, tax evasion, abuse of office, and misappropriation of public funds during Kyari’s leadership.
The petition highlighted several contentious issues, including inflated costs of refinery rehabilitation contracts, fraudulent crude oil allocations, mismanagement of the AKK Gas Pipeline Project, fuel subsidy fraud, and questionable crude-backed loans.
According to the petition, NNPCL under Kyari spent over $4 billion on rehabilitating the Port Harcourt, Warri, and Kaduna refineries, far exceeding an initial private-sector proposal of $1 billion for all three facilities.
“Kyari is alleged to have collaborated with consultants and contractors to conceal the actual cost of contracts and evade taxes,” the petition stated, noting that the refineries remain inefficient despite the expenditure.
The lawyers also accused Kyari of overseeing the diversion of crude oil allocations under the pretext of “pipeline security” at a rate of 80,000 barrels per day, with no transparent accountability mechanisms.
The $5 billion AKK Gas Pipeline Project was similarly flagged for irregularities in contract awards and execution, with little progress despite significant funding.
Further allegations include fuel subsidy fraud, with NNPCL reportedly increasing petroleum imports in 2020 during a global decline in fuel consumption due to the COVID-19 pandemic.
The petition also criticised crude-backed loans totalling $21.565 billion since 2019, which it claimed disadvantaged Nigeria by ceding trading profits to international traders.
The protesters called for a judicial commission to investigate Kyari’s tenure, probe payments to refinery contractors, and examine past audit failures.
They also urged the Federal Inland Revenue Service (FIRS) to investigate suspected tax evasion and fraudulent declarations, while advocating for the recovery of any misappropriated public funds.
The Federal Ministry of Finance has yet to respond to the petition, and NNPCL officials were unavailable for comment at the time of reporting.