Connect with us

National

EFCC grills Hajj commission chair over alleged fund mismanagement

Published

on

The Economic and Financial Crimes Commission (EFCC) on Tuesday grilled the Chairman of the National Hajj Commission of Nigeria (NAHCON), Malam Jalal Arabi, over alleged mismanagement of 2024 Hajj exercise fund.

The News Agency of Nigeria (NAN) reports that Arabi was at the office of the anti-graft agency to answer questions on how the commission spent the N90 billion subsidy for the exercise.

NAN learnt that there were petitions against the chairman and the commission’s management over alleged fund mismanagement, especially during the 2024 hajj exercise.

Authoritative source from the commission said Arabi was at the anti-graft agency to provide detailed explanations on how NAHCON managed the fund allocated to it for the pilgrims.

“As of now, NAHCON chairman has been invited, he is already being interrogated by our crack detectives to provide explanations on some issues that borders on allegation of fund mismanagement in the commission.

“The investigation is ongoing; it is dated back to 2021, when the issue of fraud in the commission became messier.

“There is an ongoing investigation on alleged misappropriation of N200 million before now and some officials of the commission were invited for questioning.

According to the source, three directors from the commission have been invited to explain what they know about the issue.

‘’Now, the Chief Executive Officer has been invited to explain how the fund allocated to the commission is being spent.

‘”The investigation will continue until EFCC gets to the root of how the fund allocated to the commission was spent.”

ALSO READ:  BREAKING: NNN's 106 Deaths Toll: Cut off Bureaucracy, save souls now, NUJ President tasks Northern Governors

According to the source, the chairman may not be detained in as much as there is a guarantee that he will make himself available when asked to do so.

“He may not be detained but will be asked to come back if the need be at the end of the day, but presently, he is still being interrogated.

‘’The CEO has been invited and he has honoured the invitation; he will go back, there is no reason to keep him in the custody when he is already cooperating.

‘’The new EFCC is operating in accordance with international best practices; you can see that most of the people invited are always allowed to go if they comply,” he said.

When contacted, the Spokesman for EFCC, Dele Oyewale, promised to revert to NAN correspondent over the invitation and other details.

Oyewale was yet to do so at the time of filing this report.

NAN reports that Arabi had at a news briefing on Monday, gave the breakdown of how the commission spent the N90 billion subsidy.

Arabi said that each pilgrim was supported with N1,637,369.87 from the N90 billion, except for pilgrims under the Hajj Savings Scheme (HSS), who enjoyed more.

”How to spread this N90 billion equitably, to such a degree that registered pilgrims would not have to pay additionally to the N4.9 million was tough.

“At first, the N90 billion would only cater conveniently for about 18,000 intending pilgrims out of the about 50,000 duly registered persons as at March 22, 2024.

“Subsequently, appreciation of the Naira to N1, 474.00 in the month of May 2024 brought respite to our calculations as it meant a reduction from what the registered pilgrims would have to top up,” he explained. (NAN)

ALSO READ:  Ijaw National Congress urges Tinubu to pay special attention to Rivers politics
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

National

Tinubu Dismisses Kyari, Restructures NNPCL Board in Major Overhaul

Published

on

President Bola Ahmed Tinubu has officially dissolved the board of the Nigerian National Petroleum Company Limited (NNPCL), which includes the removal of Group Chief Executive Officer (GCEO) Mele Kyari and Chairman Pius Akinyelure, along with all other board members appointed in November 2023.

In an announcement, the President introduced an 11-member restructured board, appointing Engineer Bashir Bayo Ojulari as the new GCEO and Ahmadu Musa Kida as the Non-Executive Chairman. These changes are effective immediately, as stated by Bayo Onanuga, Special Adviser to the President on Information & Strategy.

Emphasizing the need for “enhanced operational efficiency, restored investor confidence, and a more commercially viable NNPC,” President Tinubu exercised his authority under Section 59(2) of the Petroleum Industry Act (PIA) 2021 to implement this significant reorganization.

The newly formed board comprises Adedapo Segun, who continues as Chief Financial Officer (CFO), alongside six non-executive directors representing Nigeria’s geopolitical zones: Bello Rabiu (North West), Yusuf Usman (North East), Babs Omotowa (North Central), Austin Avuru (South-South), David Ige (South West), and Henry Obih (South East). Additionally, Mrs. Lydia Shehu Jafiya, Permanent Secretary of the Federal Ministry of Finance, and Aminu Said Ahmed, representing the Ministry of Petroleum Resources, will serve on the board.

The President has charged the new board with conducting a strategic review of NNPC-operated and Joint Venture assets to optimize value. This includes increasing crude oil production to 2 million barrels per day (bpd) by 2027 and 3 million bpd by 2030, boosting gas production to 8 billion cubic feet daily by 2027 and 10 billion by 2030, and expanding NNPC’s refining capacity to 200,000 bpd by 2027 and 500,000 bpd by 2030. The administration also aims to attract $30 billion in oil investments by 2027 and $60 billion by 2030, building on the $17 billion secured in 2024.

ALSO READ:  Sallah: Jaba LG Chairmanship Aspirant Felicitates With Muslim Faithfuls, Promised Sterlin Leadership

Ahmadu Musa Kida, the new Chairman, is a Borno-born engineer and former Deputy Managing Director of Total Nigeria. He also has a background in basketball, having served as the ex-president of the Nigeria Basketball Federation (NBBF). Bashir Bayo Ojulari, the newly appointed GCEO, hails from Kwara State and was previously the Executive Vice President of Renaissance Africa Energy, where he led a $2.4 billion acquisition of Shell’s Nigerian assets. He brings extensive experience from Elf and Shell, having worked across Europe and the Middle East.

President Tinubu expressed gratitude to the outgoing board for their contributions, particularly their efforts in reviving the Port Harcourt and Warri refineries, which have resumed production after years of dormancy. Analysts view this leadership change as part of Tinubu’s broader reforms in the oil sector, following last year’s removal of fuel subsidies and the promotion of private refinery investments. With the new team established, there are high expectations for enhanced transparency, efficiency, and profitability within Nigeria’s state oil enterprise.

Continue Reading

National

FG To Implement Policy Compelling IOCs To Drill Or Drop Inactive Oil Wells

Published

on

Heineken Lokpobiri, minister of state for petroleum resources, says the federal government plans to commence implementing the drill-or-drop provisions of the Petroleum Industry Act (PIA).

Section 94 of the PIA gives operators a period of three years to begin oil production or relinquish the assets to the federal government.

Speaking during the Cross Industry Group (CIG) meeting held on Tuesday in Florence, Italy, Lokpobiri said it is in the best interest of the country that all inactive wells go to work.

He said the federal government, under the leadership of President Bola Tinubu, has provided every necessary incentive to ensure international oil companies (IOCs) in Nigeria run smoothly and profitably.

“Now, it is imperative for these industry players to match the government’s efforts with increased investment by announcing final investment decisions (FIDs),” he said.

Furthermore, Lokpobiri discussed “the challenges, expectations, and measures to enhance the sector’s contributions towards domestic energy needs and regional expansion across Sub-Saharan Africa”.

He emphasised that while IOCs have highlighted engineering, procurement, and construction (EPC) contractors as a challenge, “EPCs will not come unless they see strong commitments from industry players”.

“The government has done its part to provide the requisite and investment-friendly fiscals, the ball is now in the court of the IOCs and other operators to make strategic investment decisions that will drive increased production and sustainability in the sector,” he said.

“We must also recognise that domestic crude supply is essential to national energy security. The best solution to this challenge lies in increasing production, which will ensure a balance between domestic supply obligations and external commitments.”

ALSO READ:  10 Years Abusive Relationship Made Me An Alcoholic - Ayo Adesanya

The minister further urged industry players to explore collaborative measures, such as shared resources for contiguous assets and the release of underutilised assets to operators ready to invest in production.

Continue Reading

National

Reps Demands Compensation For Families Of Slain Kano Hunters

Published

on

The minority caucus in the house of representatives has condemned the killing of 16 Kano-bound hunters in Edo state.

On Thursday, a mob in the Uromi area of Edo killed 16 hunters of northern descent who were travelling from Elele, Rivers state.

The travellers were attacked and lynched after some vigilance group members raised the alarm on suspicion that they were kidnappers.

The Edo state government said 14 suspects arrested in connection with the killing would be transferred to Abuja for further interrogation.

During a visit to some of the families of the victims at Bankure LGA in Kano, Monday Okpebholo, governor of Edo, assured that justice would be served.

In a statement issued on Monday, the minority caucus described the killing of the hunters as “barbaric”.

“We find such brutal killings of innocent Nigerians in any part of the country by lawless mobs very reprehensible, and if allowed to fester without being put in check by responsible organs of the federal government, such actions could threaten the peace and unity of the country,” the statement reads.

The lawmakers asked Nigerians never to resort to jungle attacks on fellow citizens but to always report any concerns to security agencies.

“We are a nation under the rule of laws, and our law enforcement agencies are always available to partner with every Nigerian to assuage their concerns,” the caucus said.

While noting that the incident is “already setting emotions on edge” in parts of the country, the legislators urged President Bola Tinubu to ensure that the security agencies investigate this matter and bring the perpetrators to justice.

ALSO READ:  Ramadan: Food Prices Are Dropping, Nigeria Making Progress - Tinubu

“Also, adequate compensation should be paid to the affected families,” the caucus said.

The lawmakers implored Nigerians to remain calm, peaceful, and law-abiding and allow the federal and state governments to investigate the matter and ensure justice is served.

The statement was signed by Kingsley Chinda, minority leader; Ali Isa, minority whip; and Aliyu Madaki, deputy minority leader.

Continue Reading