News
Reps increase Customs’ revenue target to N1.6tr
The House of Representatives yesterday increased the revenue target of the Nigeria Customs Service (NCS) from N1.4 trillion to N1.6 trillion as expected revenue for the 2021 fiscal year.
The House also approved about N257, 183, 671, 694. 71 as budget for the NCS for this year and another N216, 646, 579, 231. 00 as budget for the Federal Inland Revenue Service (FIRS) for the same period.
The House also approved the request from the president to borrow about $1.5 billion and Euro 995 million to finance projects under the 2021 budget.
Presenting the report of the House Committee on Customs and Excise for consideration on the floor of the House, Chairman of the Committee, Rep. Leke Abejide said the Committee consider initial target of ¦ N1.465 trillion given to the service as inadequate and as such increase it to N l.678 trillion based on the fact that the target for 2021 Fiscal year is less than N 1.562 trillion collected in by the service in 2020 despite the COVID-19 pandemic and He said the committee also considered the expanded excisable item to include carbonated drinks, reduction of levy on new vehicles and devaluation of naira that will increase volume of money collected in naira term during the year.
Also approved by the House was the seven per cent cost of collection for 2021 of N111,573,991,091.00.
They also approved that the service should keep two per cent of Value Added Tax (VAT) collected on behalf of the FIRS to be retained by the Customs and another N47,007,935,827.20 intervention Fund from the Comprehensive Import Supervision Scheme (CISS).
The Customs budget include Personnel Cost of N99,719,722,681.71, Overhead Cost of N19,530,769,000.00 and Capital expenditure N137,933,270,013.00.
The House asked the Central Bank of Nigeria (CBN) to, as matter of urgency, procure the four scanners for the NCS, the best scanners manufactures either from Germany or America but not China made scanners.
Also considering the report of the House Committee on Finance, the House approved N216, 646, 579, 231. 00 as budget for the FIRS for 2021.
The budget is made up of N107, 521, 496, 984. 00 for Personnel Cost, N56, 469, 218, 415 .00 for Over Head Cost, and N52, 655, 863, 832. 00 for Capital Project.
The House at plenary also approved request from the President for approval to borrow $1,500,000,000 and Euro 995,000,000.00 to Finance the Priority Projects of the Federal Government.
The Senate had earlier approved the request for the loan.
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Military Salary Hike Sparks Mixed Reactions as South-East Youths Weigh Enlistment
Military Salary Hike Sparks Mixed Reactions as South-East Youths Weigh Enlistment
Young men in Nigeria’s South-East are reconsidering military enlistment following President Bola Tinubu’s approval of an 80% salary increase for junior ranks, though deep-seated distrust and historical grievances continue to shape attitudes toward service in the region. The Federal Government approved a salary increment of between 30 and 80 per cent for personnel of the Nigerian Armed Forces, effective September 1, 2026. The decision increased the annual wage bill of the forces from N660 billion to N924 billion, adding N264 billion in personnel expenditure. Approximately 250,000 officers and soldiers will benefit from the new pay structure. Under the new salary structure, junior personnel from Private to Staff Sergeant will receive the highest adjustment of 80 per cent. Middle-level personnel and non-commissioned officers, from Warrant Officer to Colonel, will enjoy a 50 per cent increase, while officers above the rank of Colonel will receive a 30 per cent salary increase. The government also approved the recruitment of 28,000 new personnel into the armed forces and the creation of additional military divisions, as part of the Strategic Force Expansion Initiative aimed at strengthening operational capacity against terrorism, insurgency, banditry, kidnapping and other security threats.
While some young men in the region view the salary increase as an incentive to enlist, others remain reluctant due to concerns about career prospects, safety and the legacy of past military actions. Stephen Ezike, a bucket hawker from Okpoto in Ebonyi State, said he never wanted to join the military because his uncle retired without building a house. “He kept complaining that the injury he sustained in active service did not allow him to serve at war fronts where he could have gotten better allowances. My uncle currently works as a security man at a private university. He struggles to train his children. I hawk buckets, but I have built a house. I don’t want a job that I don’t know when I will die or not, and no guarantee that my children will go to school if I die early.” Ebubeagu Okoye, who sells used shoes, said with the increment, he would like to join the military. “Joining may not even be easy as such because there will be competition. Unemployment is much. Many will like to join. Because of the activities of bandits, the need for more recruitment has arisen. I will join because I’m a patriotic Nigerian. Let them also make entrance to the Nigerian Defence Academy easy for everybody. Rich men’s children go through NDA, and become officers. Ordinary Nigerians start as privates. That should stop if the military career is all about patriotism.” Mrs Dorothy Ekwueme said she would like her son to join, referring to two brothers who are Major Generals in the military. “These brothers are doing fine; we respect them. I like my son to become a soldier. But I don’t want my son to go to war. The way soldiers die makes me sad. Before, any place a soldier is attacked would be in trouble. Today, even Generals die carelessly.”
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Military authorities have repeatedly expressed concern over low enlistment in the South-East. Chief of Army Staff Lieutenant General Waidi Shaibu, speaking at the passing-out parade of 2,989 recruits at the Amasiri-Edda Depot, directly appealed to Ndigbo to embrace military service. “To Ndi-Igbo, I wish to urge you to encourage your youths to take up their rightful place in the defence of our fatherland. For some time now, the recruitment quota for this zone has not been fully utilised. That should not continue. Military service is not just a career but an honourable endeavour of patriotism, leadership, and national contribution.” COAS Olufemi Oluyede, during an engagement with stakeholders in Umuahia, Abia State, similarly warned that when allocated slots are left vacant, they are eventually taken up by qualified applicants from other parts of the country, reducing the region’s representation in the Nigerian Army. The Nigerian Army has intensified its recruitment sensitisation campaign in the region, establishing the Amasiri-Edda Recruit Training Depot in Ebonyi State – the Army’s third training depot nationwide and the first in the South-East. The depot became operational on November 25, 2025. The Ebonyi graduates are part of the first batch of 14,000 out of 28,000 new soldiers approved by President Tinubu under the Federal Government’s Armed Forces Expansion Initiative.
A retired Assistant Commandant General of the Nigerian Security and Civil Defence Corps, Mr Edwin Ugwuja, said the increment would boost enlistment of South-East youths in the military. According to him, their aversion to the military stemmed from poor remuneration. “These youths understand the tenets of businesses. With the popular Igbo apprenticeship system, the young ones get established within some years. They will feel more comfortable to answer their own bosses than undergoing military assignments. But apart from serving your country as patriots, the military serves as an employment platform. The increment will boost the morale of the personnel and strength of troops who are fighting banditry and insurgency.” Dr Obi Eze, an industrial psychologist, called for more sensitisation to encourage Igbo youths to join the military. “Some parents still recollect the episodes of the Biafran War. Some young ones read negative literature of the war. They need to be informed that the military is a noble profession, established as a patriotic institution to preserve Nigeria’s unity. Check it, there are many children of senior military officers in the military. If it were a bad career, you wouldn’t have seen them there.”
Aloy Ejimakor, Special Counsel to detained IPOB leader Nnamdi Kanu, has argued that the reluctance of Igbo youths to enlist stems from distrust of the military rather than a lack of courage. “The reluctance of Igbo youths to enlist in the Nigerian armed forces is not a deficit of valour, but a calculated refusal to serve an institution they deeply mistrust. Historically and presently, Ndigbo face systematic marginalisation within an ethnically unbalanced leadership structure in Nigeria’s security services.” Ejimakor pointed to the anti-Igbo killings by soldiers in Northern Nigeria in 1967 as an “unhealed wound” that has been “constantly reopened” by more recent incidents. He also noted that South-East youths are unsettled by the integration of “repentant” Boko Haram fighters into the military.
The Labour Party and the Obidient Movement have questioned the motive behind the salary increase, despite acknowledging its benefits. The National Publicity Secretary of the Labour Party, Ken Asogwa, described the decision as overdue but suggested it was politically motivated. “It looks like it’s a political move done to score some political points.” However, Senator Orji Uzor Kalu praised the salary increase, describing it as a timely intervention that reflects the Federal Government’s commitment to improving the welfare of military personnel. Defence Minister General Christopher Musa (rtd) also expressed gratitude to the President, describing the move as a major boost to troop morale.
Military Salary Hike Sparks Mixed Reactions as South-East Youths Weigh Enlistment
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Tinubu Orders EFCC to Unfreeze Osun Govt Accounts, Says Timing ‘Embarrassing’
Tinubu Orders EFCC to Unfreeze Osun Govt Accounts, Says Timing ‘Embarrassing’
President Bola Ahmed Tinubu has directed the Economic and Financial Crimes Commission (EFCC) to immediately vacate the court order freezing the bank accounts of the Osun State Government, describing the timing of the action as “deeply embarrassing” and capable of undermining confidence in the state’s forthcoming governorship election.
In a personally signed statement issued on Thursday, the President said he became aware that the EFCC had obtained a court order on August 5, 2026, freezing the accounts of the Osun State Government. While he did not question the EFCC’s legal powers or operational independence, he expressed strong reservations about the timing of the action. “I must state that I feel deeply embarrassed not by the EFCC’s exercise of its mandate backed by a court order, but by the timing of the agency’s action,” Tinubu said. He explained that every action taken by a federal institution is often attributed to him as President, regardless of whether he had prior knowledge of such action.
The President reaffirmed his long-standing policy of allowing anti-corruption agencies and other law enforcement institutions to operate independently, professionally and without political interference. “Since assuming office, I have consistently maintained that anti-corruption and law enforcement agencies must be allowed to discharge their statutory responsibilities independently, professionally, without fear or favour, or political interference,” Tinubu said. He noted that he had deliberately refrained from directing or interfering in the operational activities of the EFCC and other investigative agencies because he believes that strong democratic institutions operating within the rule of law are essential to good governance.
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Tinubu explained that although he was yet to receive a full briefing on the circumstances that prompted the EFCC to seek the court order, the proximity of the action to the Osun governorship election necessitated presidential intervention. “Osun State is only a few days away from its gubernatorial election. Therefore, nothing ought to be done to give an impression that the EFCC or indeed any other agency of the federal government is being used to interfere with the election,” the President stated. He said preserving public confidence in the integrity, credibility and fairness of the democratic process outweighed every other consideration. “Based on the foregoing premise, I am duty-bound to issue a directive on this issue in consonance with the overriding public interest in preserving public confidence and the integrity, credibility, and fairness of our democratic process,” Tinubu added.
The EFCC had earlier defended its decision to freeze the account, stating that the action was triggered by suspicious movement of funds amid an ongoing investigation into the alleged fraudulent handling of about N11 billion in Ecology Funds, Intervention Funds, and Federal Account Allocation Committee (FAAC) allocations. The commission’s Director of Public Affairs, Wilson Uwujaren, explained that the restriction was placed on a single account, not all accounts of the Osun State Government. He noted that the EFCC has the legal authority under Section 34 of the EFCC Act and Section 7, Subsection 6 of the Money Laundering (Prohibition) Act 2022 to impose a temporary restriction for up to 72 hours before seeking a court order. “The restriction order can last within 72 hours before we can come with a court order if we need to provide a court order,” Uwujaren said. He maintained that the action was not politically motivated despite the timing ahead of the Osun governorship election.
The President ordered the anti-graft agency to immediately return to court to vacate the freezing order and discontinue all proceedings instituted against the Osun State Government in relation to the matter. “Accordingly, I have directed the EFCC to immediately proceed to the court to vacate the order and discontinue whatever action it has instituted against the Osun State Government in this regard,” the President said. The directive follows widespread reactions to the freezing of the Osun State Government’s accounts, with opposition parties, lawyers and civil society organisations expressing concern that the move could affect governance and raise questions about political interference ahead of the governorship election. The Osun State governorship election is scheduled to hold on August 15, 2026, making the controversy over the account freeze a major issue in the political landscape of the state.
Tinubu Orders EFCC to Unfreeze Osun Govt Accounts, Says Timing ‘Embarrassing’
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EFCC Defends Osun Account Freeze Amid N11bn Fraud Probe, Adeleke Vows Legal Battle
EFCC Defends Osun Account Freeze Amid N11bn Fraud Probe, Adeleke Vows Legal Battle
The Economic and Financial Crimes Commission (EFCC) has confirmed freezing Osun State Government accounts, citing an ongoing N11 billion fraud investigation and suspicious transfers detected days before the governorship election. Governor Ademola Adeleke has rejected the action as unconstitutional and vowed to challenge it in court, while the Nigerian Bar Association has also faulted the agency’s move.
The Economic and Financial Crimes Commission (EFCC) has publicly defended its decision to freeze the bank accounts of the Osun State Government, insisting the action was a preventive measure to safeguard public funds and was not politically motivated. The anti-graft agency confirmed that it directed First Bank to place a “Post No Debit” (PND) order on the state government’s statutory allocation account, effectively halting all withdrawals. This development comes just ten days before the state’s governorship election scheduled for August 15, 2026, sparking fierce political backlash and raising concerns about the timing and legality of the intervention. In a statement issued on August 5, 2026, by the EFCC’s Head of Media and Publicity, Dele Oyewale, the Commission revealed that it has been investigating the Osun State Government since March 2026 over the alleged fraudulent handling of Ecology Funds, Intervention Funds, and Federal Account Allocation Committee (FAAC) allocations totaling approximately N11 billion. The statement disclosed that several state officials, including the Accountant General of the state, had already been questioned as part of the ongoing probe, demonstrating the depth and seriousness of the investigation.
According to the EFCC, the investigation alone would not have warranted freezing the account. However, the Commission said it was forced to act after detecting what it described as “precipitate and unwarranted” movement of funds beginning on August 2, 2026. Investigators observed large transfers of money from the state government’s accounts into various corporate entities deemed suspicious, prompting the swift intervention to halt further transactions. The agency maintained that it could not stand idly by while public funds were allegedly being diverted, emphasizing that the action was part of its statutory responsibility to protect public resources. “The Commission noticed huge transfers of funds into different corporate entities and had to swiftly halt the trend by freezing the accounts from which such heavy funds are being moved,” the EFCC statement read. The agency further explained that the freeze was a temporary measure designed to preserve the integrity of the investigation and prevent further dissipation of public funds.
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Responding to accusations that the move was politically motivated and aimed at influencing the upcoming governorship election, the EFCC insisted that its actions were independent of the electoral process. While acknowledging the imminent election, the Commission argued that it could not use the political calendar as an excuse to neglect its legal duties and allow potential financial crimes to go unchecked. “It will be uncharitable for the Commission to allow an excuse of an upcoming election to fold its arms to perform its legally-assigned functions,” the EFCC stated. The anti-graft agency also revealed that it is monitoring the finances of several other states across Nigeria, emphasizing that Osun is not being singled out for political reasons. This assertion was aimed at countering claims that the EFCC was being used as a tool for political persecution ahead of the gubernatorial poll. “The Commission has always pointed out that it is non-partisan and non-sectarian but always working in the overall interests of Nigerians. The Osun State Government account was frozen to save public funds from being looted,” the statement added. The EFCC urged the public to disregard what it described as false narratives and attempts to discredit its operations, calling on citizens to support its efforts in combating corruption and financial crimes.
However, the EFCC’s explanation has done little to appease the Osun State Government, which has described the account freeze as unconstitutional and a threat to democracy. Governor Ademola Adeleke criticized the EFCC for acting without a court order and vowed to challenge the decision in court, setting the stage for a legal showdown between the state and the federal anti-graft agency. “This action was taken without any court order. We are supposed to be in a democracy, where the Rule of Law must always prevail. We will therefore not accept a situation where federal agencies trample on the constitutional rights of subnational governments,” Adeleke said during a press conference in Osogbo. The governor’s strong words reflected the deep frustration within his administration over what they perceive as executive overreach and political interference.
The governor further alleged that the account freeze was part of a coordinated campaign of intimidation against his administration, orchestrated by political opponents ahead of the August 15 governorship poll. He claimed that the state had experienced months of disruption to local government administration, police raids, and harassment of political supporters, with over 60 members of his party arrested and detained without charges. These allegations, if true, paint a troubling picture of political tension in the state as the election approaches. Adeleke has since instructed the state Attorney-General, Oluwole Jimi-Bada, to initiate legal proceedings against the EFCC at the Federal High Court in Osogbo. The Attorney-General argued that while the commission has the authority to investigate financial records, it cannot freeze a state government’s accounts without first obtaining a court order, which the EFCC failed to secure. “EFCC can investigate the accounts, but it can’t freeze the accounts without an order of court,” Jimi-Bada said. He warned that the restriction could hamper the government’s ability to meet its obligations and administer the state effectively, potentially affecting the payment of salaries and the delivery of essential services to citizens.
The Nigerian Bar Association (NBA) has also faulted the EFCC over the account freeze, stating that the anti-graft agency lacks the constitutional power to impose a blanket restriction on a state’s finances without due legal process. NBA President, Afam Osigwe (SAN), warned that any directive restricting withdrawals from accounts belonging to a state government would effectively cripple governance and amount to an abuse of power. “No government agency or any person has the right or the power to restrict withdrawals from the account of any state because, first of all, the order has the effect of grounding the activities of a government,” Osigwe said. He maintained that any decision to freeze the account of an individual or government institution must be supported by sufficient legal grounds and a valid court order, emphasizing the importance of judicial oversight in such matters.
Other Senior Advocates of Nigeria also weighed in on the controversy, offering diverse legal perspectives on the issue. Isiaka Olagunju (SAN) described the freezing of the bank account as a serious violation of the 1999 Constitution and contrary to the principles of federalism, arguing that states should not be subjected to such unilateral actions by federal agencies. However, Professor Damilola Olawuyi (SAN) defended the use of account freezing as a recognized preventive tool in tackling economic and financial crimes, provided it is exercised within the limits of the law. He cautioned that such powers “should not be used as a cudgel to settle political scores,” highlighting the need for balance between anti-corruption efforts and the protection of constitutional rights. Wolemi Esan (SAN) explained that the EFCC could place a temporary stop order on a suspected account for up to 72 hours without first obtaining a court order under Section 7(6) of the Money Laundering (Prevention and Prohibition) Act, but any restriction beyond that period must be backed by judicial authorization. This legal nuance adds complexity to the ongoing dispute, as both sides present arguments rooted in different interpretations of the law.
The controversy has also drawn reactions from civil society organizations, with some calling for restraint and due process while others support the EFCC’s proactive stance against corruption. The situation remains fluid, with the legal challenge and the upcoming election adding layers of political and legal uncertainty.
EFCC Defends Osun Account Freeze Amid N11bn Fraud Probe, Adeleke Vows Legal Battle
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