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Audit Flags ₦288bn in INEC Spending Irregularities Under Mahmood Yakubu
Audit Flags ₦288bn in INEC Spending Irregularities Under Mahmood Yakubu
A total sum of ₦288,188,772,947.06 has been flagged in the operations of the Independent National Electoral Commission (INEC) following revelations in the Auditor-General’s Annual Report on Noncompliance and Internal Control Weaknesses in MDAs for 2022.
The report identified widespread financial and procurement irregularities involving contract awards, contractor payments, unretired advances and failure to remit statutory deductions between 2018 and 2019, during the tenure of INEC Chairman, Prof. Mahmood Yakubu.
According to the audit, ₦5.31 billion was paid for the supply of Smart Card Readers (SCRs) for the 2019 general elections using a restricted procurement method without prior approval from the Bureau of Public Procurement (BPP).
The Federal Executive Council (FEC) did not approve the contract despite its value exceeding the INEC Tender Board’s approval threshold, while the Auditor-General noted that the cited presidential clearance did not align with Section 15(2) of the Public Procurement Act, which was deemed inapplicable to the procurement of smart card readers.
The audit further alleged that mobilisation fees and subsequent payments were released without sufficient documentation or proof of supply.
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Responding to the findings, INEC management maintained that due process was followed, stating that approvals were obtained from the Presidency and that advance payments were made due to the urgency of preparations for the 2019 elections. INEC said all required documents and guarantees were in place.
However, the Auditor-General described INEC’s explanations as unsatisfactory.
The report also queried ₦4.5 billion paid as 35 per cent contract payments to six contractors without documentary evidence of supply, as well as the use of conditional Advance Payment Guarantees, which allegedly violated procurement laws.
Further concerns were raised over ₦331.2 million paid to contractors under questionable circumstances, including payments allegedly made before contract awards.
In addition, the audit revealed that ₦235.79 billion was paid to contractors without deducting the mandatory 1 per cent stamp duty, amounting to ₦2.19 billion, which was neither deducted nor remitted to government coffers.
The report also found that ₦630.6 million in non-personal advances issued to INEC officials remained unretired, with some officers allegedly receiving fresh advances without accounting for previous ones.
Another major finding involved contracts worth ₦41.31 billion for the production of ballot papers and result sheets, with the audit stating that there was no evidence showing that the contractors met eligibility and experience requirements, nor proof of FEC approval or a “No Objection” certificate from the BPP.
The audit also flagged the procurement of four Toyota Land Cruiser vehicles for ₦297.78 million, noting that the contract sum exceeded prevailing market prices at the time.
While INEC insisted that all procurements complied with legal requirements and presidential approvals, the Auditor-General ruled that the responses did not sufficiently address the audit observations.
The report recommended that the INEC Chairman should account for the disputed funds before the National Assembly’s Public Accounts Committees, recover irregular payments and refund them to the Treasury.
It warned that failure to comply could attract sanctions under the Financial Regulations (2009) for irregular payments and poor management of public funds.
Audit Flags ₦288bn in INEC Spending Irregularities Under Mahmood Yakubu
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Gunmen Storm Gbugbu in Kwara, Residents Flee as Panic Spreads
Gunmen Storm Gbugbu in Kwara, Residents Flee as Panic Spreads
Edu Local Government Area of Kwara State was thrown into panic on Sunday night after suspected gunmen launched a violent attack on Gbugbu community, firing indiscriminately and forcing residents to flee into bushes and nearby safe zones. The assault is the latest in a string of violent incidents deepening insecurity in Kwara and neighbouring areas.
According to witnesses, the gunmen stormed the town shortly after 8:00 p.m., opening fire and creating chaos. One resident, speaking on condition of anonymity, said: “The bandits stormed the community immediately after Isa’i, shooting non-stop and throwing residents into panic. Everyone ran indoors or fled into the bush.” As of the time of reporting, there were no official confirmations of casualties or the number of abducted residents.
The attack has heightened fears in Edu, Patigi, Ifelodun, and Oyun local government areas, where residents have reported rising attacks by armed groups in recent weeks. Days earlier, similar raids were reported in Woro and Nuku communities in Kaiama LGA, resulting in the killing and abduction of several villagers.
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While the Kwara State Police spokesperson, SP Adetoun Ejire-Adeyemi, was unavailable for comments, local sources said security forces were mobilized to pursue the attackers and secure the community. Reports also indicate that some families spent the night outdoors, fearing a repeat of the violence.
The spate of attacks comes as the Chief of Defence Staff, Olufemi Oluyede, recently launched Joint Task Force Operation Savannah Shield to combat insecurity in Kwara and parts of Niger State. The operation aims to target terrorists, bandits, and criminal gangs responsible for kidnappings, armed raids, and killings in rural communities.
Community leaders and residents have called for urgent intervention by security agencies to rescue any abducted villagers, restore peace, and prevent further escalation of violence. Analysts warn that without sustained military and police engagement, armed attacks could spread further across the state, destabilizing vulnerable communities and hindering local development.
The incident in Gbugbu underscores the ongoing security challenges in Nigeria’s middle belt, where banditry and terrorism continue to disrupt livelihoods, schools, and local economies. Authorities have urged residents to remain vigilant, cooperate with security forces, and report suspicious movements in their communities.
Gunmen Storm Gbugbu in Kwara, Residents Flee as Panic Spreads
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FG to Launch Monthly Revenue Transparency Dashboards to Improve Fiscal Accountability
FG to Launch Monthly Revenue Transparency Dashboards to Improve Fiscal Accountability
The Federal Government (FG) has announced plans to launch monthly revenue transparency dashboards to enhance fiscal accountability and provide public visibility of government income and expenditure across the three tiers of government. The initiative was disclosed by Dr. Doris Uzoka‑Anite, the Minister of State for Finance and FAAC Chairman, during the recent Federation Account Allocation Committee (FAAC) meeting in Abuja.
Dr. Uzoka‑Anite explained that the dashboards are necessary due to expected increases in government revenue following recent structural reforms, including a Presidential Executive Order (EO) on oil and gas revenue and expanded tax collections under the new Tax Act. These reforms are expected to significantly boost FAAC distributable funds, improve revenue discipline, and reduce leakages in the management of oil proceeds and tax inflows.
The planned dashboards will provide monthly, real-time access to detailed data on government revenue, including oil and gas receipts, tax collections, and other federal revenue streams. Citizens, policymakers, and analysts will be able to monitor allocations, track inflows, and scrutinize expenditure, promoting transparency and accountability across federal, state, and local governments.
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Dr. Uzoka‑Anite urged all tiers of government to prioritize capital expenditure over recurrent spending, invest in sectors such as infrastructure, agriculture, energy, and productive enterprises, and avoid unsustainable wage growth or consumption spikes. She also emphasized the importance of using incremental revenue inflows to reduce debt burdens, clear arrears responsibly, and fund growth-enhancing projects.
The minister highlighted that a portion of one-off payments from the EO on oil revenues could be retained in a Stabilisation Fund, released gradually to support macroeconomic stability and prevent excess liquidity from driving inflationary pressures. She further said that production-to-remittance reconciliation reporting and detailed reporting of incremental gains from tax reforms and EO-driven inflows would be implemented to improve fiscal monitoring.
“The revenue outlook is changing, and structural reforms are expected to materially strengthen Federation revenues,” Dr. Uzoka‑Anite told state finance commissioners. “Improved revenue performance requires improved fiscal coordination. A sudden liquidity injection across all tiers of government could create inflationary risks and reduce the real value of allocations. Structured mechanisms and phased disbursements are therefore critical to safeguard macroeconomic stability.”
The introduction of these monthly revenue dashboards aligns with the FG’s broader commitment to open data, fiscal transparency, and responsible revenue management, ensuring that rising inflows from oil, gas, and taxes are tracked, reconciled, and used efficiently to promote economic growth and stability across Nigeria.
FG to Launch Monthly Revenue Transparency Dashboards to Improve Fiscal Accountability
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Troops Repel Coordinated Attacks in Borno, Kill 25 Terrorists, Soldier Dies
Troops Repel Coordinated Attacks in Borno, Kill 25 Terrorists, Soldier Dies
Nigerian troops of the Joint Task Force (North East) Operation HADIN KAI (OPHK) have killed 25 suspected Boko Haram and ISWAP fighters, lost one soldier, and wounded several others while repelling coordinated terrorist attacks in Limankara and Kukawa, Borno State, military sources confirmed. The intense clashes, which erupted on the night of February 20, 2026, underscore the growing pressure on insurgent camps, logistics networks, and leadership in the region.
Lt. Col. Sani Uba, Media Information Officer of JTF OPHK, said that troops also conducted precision operations in Lamusheri Village, Gujba Local Government Area, a known terrorist hub and logistics base. Supported by air surveillance and intelligence gathering, troops destroyed defensive structures, neutralised 15 insurgents, and recovered or destroyed weapons, ammunition, and vehicles. Several militants fled with gunshot injuries.
Earlier, terrorists attempted to infiltrate the Forward Operating Base (FOB) at Limankara, but alert troops engaged them in a fierce firefight. Combined ground and air support forced the attackers to retreat, leaving behind casualties and abandoned equipment. No soldiers were injured during this engagement.
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In Kukawa, insurgents launched a multi-pronged assault using gun trucks, motorcycles, and foot soldiers, approaching from multiple axes. Troops mounted a determined defence, supported by air strikes, which destroyed a gun truck, five motorcycles, and neutralised ten additional fighters. Recovered items included rifles, loaded magazines, radios, stretchers, and shallow graves left by fleeing insurgents.
While one gallant soldier lost his life, others who sustained gunshot injuries are receiving treatment and are in stable condition, military sources said. Lt. Col. Uba commended the troops for their discipline, courage, and operational excellence, noting that the operations have significantly degraded the capacity of terrorist groups in the North-East.
The officer emphasized that sustained air-ground coordination continues to deny insurgents freedom of movement, disrupt logistics routes, and force them into chaotic withdrawals, enhancing the safety of local communities. Analysts say these operations reflect a growing reliance on intelligence-driven, technology-supported counter-terrorism strategies to dismantle insurgent networks in Borno State and the wider North-East region.
Troops Repel Coordinated Attacks in Borno, Kill 25 Terrorists, Soldier Dies
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