National
Asset tracking, valuation, crucial for accountability – AGF

The Accountant- General of the Federation, Mrs Oluwatoyin Madein, has said tracking and valuation of all Federal Government assets is necessary for accountability.
Madein said this in an interview with newsmen on Tuesday in Abuja.
She spoke against the backdrop of the Asset Tracking and Management Programme organised by the Office of the Accountant-General of the Federation (OAGF).
According to Madein, asset is the real bedrock of the nation, which needs to be properly valued and accounted for.
“The Federal Government has been spending money over time acquiring, constructing, and providing assets. These assets are the real value of the country.
” Currently, Nigeria has about N32 trillion negative net asset that usually is recorded as liability,” she said.
She said that since the adoption of the International Public Sector Accounting Standards (IPSAS) in 2017, it became imperative to include the valuation of national assets in the annual financial statements of the country.
“This has influenced public sector accounting standards in Nigeria and the strategic role of legacy assets in the adoption of IPSAS.
” Legacy assets refer to existing assets acquired or constructed prior to the adoption of IPSAS in 2017.
” The inability to collate, evaluate, and place value on the assets of the Federal Government has constantly been throwing the financial position of the country into net liabilities.
“This makes the liabilities of the Federal Government to be over and above its assets,” she said.
She said that the stakeholders had now agreed to build a national assets register to accommodate all Federal Government assets.
She listed the assets to include buildings, offices, schools, hospitals, roads, equipment, and even biological assets.
“Investors, donors, and international organisations partnering with the Federal Government will like to see our true value as enumerate in our annual financial statement,” the AGF said.
She described the OAGF as the treasury office of the Federal Government responsible for collating financial information that leads to the preparation of financial statements.
She said that including the valuation of assets in the annual financial statements was one of the key values that the statement is required to possess. (NAN)
National
Dr Elayo Reappointed As Nasarawa State Women Affairs Commissioner

By Emma Peter
Governor Abdullahi A. Sule of Nasarawa State has reappointed Dr Princess Margaret Itake Elayo as Commissioner for Women Affairs and Humanitarian Services, following a recent cabinet reshuffle.
Dr Margaret’s reappointment comes after the state executive council was dissolved on 3 January 2025. While she was initially excluded from last week’s swearing-in due to allegations regarding the diversion of palliative materials, a subsequent investigation cleared her of any wrongdoing.
The governor has also restructured the Ministry of Humanitarian, Special Duties & NGOs, renaming it the Ministry of Women Affairs and Humanitarian Services.
Speaking shortly after taking the oath of office at the Executive Council Chambers in Lafia, Dr Margaret expressed her gratitude to Governor Sule for the opportunity to serve again.
She pledged to revitalise initiatives focused on women and humanitarian issues, particularly empowering elderly women, vulnerable groups, and marginalised communities.
“Women are the backbone of society, the nurturers, and the future builders of the next generation,” she said.
“We must invest in their potential, equip them for success, and create an enabling environment for them to lead and innovate in facing everyday challenges.”
She further assured that under Governor Sule’s leadership, the ministry would drive meaningful change, champion women’s development, and ensure that women in Nasarawa State have a voice and a pathway to prosperity.
National
Hon. Goronyo Urges Nigerians To Support Tinubu’s Renewed Hope Agenda

The Minister of State for Works, Honourable Muhammad Bello Goronyo, has called on Nigerians to actively support and understand the policies of President Bola Ahmed Tinubu’s administration.
He made this appeal while receiving the leadership of the Youth Partnership for African Development (YOUPAD) in Abuja, where he was honoured with the Icon of Selfless and Innovative Leadership award.
Speaking at the event, Hon. Goronyo emphasised the need for collective efforts in driving national development, particularly in infrastructure. He highlighted the administration’s commitment to improving road networks across the country, stressing that good roads are essential for security and economic growth.
“So far, the Federal Roads Maintenance Agency (FERMA) has embarked on a massive rehabilitation of dilapidated roads nationwide. Insecurity sometimes thrives when roads are in poor condition, as non-state actors take advantage of the situation to cause disruptions,” he stated.
The minister urged Nigerians, regardless of tribe or religion, to support the government’s initiatives, noting that inclusive participation is key to achieving the administration’s goals.
Earlier, the President of YOUPAD, Mr Henry Nkem Nwankwo, commended Hon. Goronyo for his dedication to bridging the gap between the government and the people. He described the minister as a true ambassador of the Tinubu administration, whose efforts in the Ministry of Works and Housing have been instrumental in advancing national development.
The award was presented to Hon. Goronyo by Mr Nwankwo, alongside other YOUPAD representatives, including delegates from Cameroon and Côte d’Ivoire.
ENDS.
National
Centre demands prosecution of IBB over June 12 annulment

By Abubakar Yunusa
A leading civil society organisation, the Resource Centre for Human Rights & Civic Education (CHRICED), has called for the immediate arrest and prosecution of former military ruler General Ibrahim Babangida over his role in the annulment of the June 12, 1993, presidential election.
In a statement released on Thursday in Abuja, CHRICED’s Executive Director, Comrade Ibrahim M. Zikirullahi, described Babangida’s recent self-incriminating remarks as a critical test for President Bola Ahmed Tinubu’s administration.
He asserted that failure to hold the former leader accountable would undermine Tinubu’s moral and political legitimacy.
“We firmly assert that if President Tinubu fails to take decisive action against General Babangida and does not ensure that he faces the consequences of his actions—specifically, imprisonment, which is where he rightfully belongs—he will lack the moral and political legitimacy to govern effectively,” Zikirullahi stated.
The organisation argued that Babangida’s candid admission of his role in annulling the election paints him as a figure who has evaded justice for too long.
It warned that failure to prosecute him would further entrench a culture of impunity in Nigeria.
The statement also highlighted the tragic aftermath of the annulment, including the deaths of protesters and the imprisonment of pro-democracy activists.
Among those mentioned were Chief MKO Abiola, the presumed winner of the election, who was detained and later died under suspicious circumstances, as well as journalist Dele Giwa, whose unresolved murder remains a symbol of repression during Babangida’s regime.
“For decades, successive governments have claimed a lack of evidence to prosecute Babangida.
However, with his recent confessions and public statements, there is now compelling evidence for legal action,” CHRICED said.
The organisation also criticised the financial waste associated with the annulled election, arguing that resources used to conduct the poll could have been better utilised for national development.
The center blamed Babangida’s administration for fostering a political culture where power is acquired through manipulation rather than democratic means.
“The decisions made by Babangida and his associates have led to the infiltration of unqualified individuals into various positions of authority, undermining governance and eroding public trust,” the statement read.
CHRICED urged President Tinubu to take a stand for justice, insisting that addressing Babangida’s role in the June 12 annulment is crucial to restoring faith in Nigeria’s democratic process.
“This is not just about the past; it is about Nigeria’s future. If impunity is allowed to persist, the cycle of injustice and corruption will continue to plague our nation,” Zikirullahi warned.