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How HADI Initiative propelled Dangiwa for higher service to Nigeria
The Hope Arewa Development Initiative (HADI) said it has uncovered hidden gems in the outgoing Secretary to Katsina State Government, Arc. Ahmed Musa Dangiwa, now a ministerial nominee, noting that his journey so far, has always paved way for extraordinary visions of progress and development.
The Chairman HADI’s Initiative, Mohammed Aliyu disclosed this in a press statement issued to newsmen in Katsina
While noting that “President Bola Ahmed Tinubu’s administration stands at the crossroads of history with a golden opportunity to harness Nigeria’s true potential, Aliyu said “HADI Initiative strongly believes that among the esteemed ministerial nominees, one name shines bright—Arch Ahmed Dagiwa, the Secretary to Katsina State Government. We are hopeful that President Tinubu, as a visionary leader, will recognize this extraordinary talent and assign Dangiwa the role he so richly deserves. Together, they can unlock Nigeria’s boundless potential and shape a brighter future for all.”
Describing the former FMBN Boss as a champion of change, a great and true political blazer, the Chairman of HADI Initiative said:
“Dangiwa’s unwavering commitment to public service goes beyond his tenure as Managing Director of the Federal Mortgage Bank of Nigeria. During the APC Gubernatorial primaries, where he contested against Governor Radda but lost, his dedication and unshakable spirit of sportsmanship was unfolded when he accepted to be Radda’s Campaign Director-General. He left no stone unturned in the pursuit of progress which is now à testament of his resolute belief in transforming Nigeria for the better.
“Also, when he was called upon to serve as Secretary to the Government of Katsina State, Dangiwa, exemplifying the hallmark of a true leader, gracefully embraced the role, serving with an unwavering commitment to the betterment of the people and the nation.
“In his two-month stint as the Secretary to the Government of Katsina State (SGS), together with Governor Mallam Dikko Umaru Radda, they laid the cornerstone for the future agenda of the new government and they embarked on a mission to rebuild and reshape the state’s destiny, propelling it towards a brighter tomorrow.
“With divine inspiration guiding his path, Dangiwa displayed unwavering passion, hope, and foresight, which ultimately culminated in achieving remarkable feats for the people.”
According to Aliyu, while Dangiwa was at the helm of affairs of FMBN, he built a brighter future and left a legacy of empowerment and a flourishing cooperative housing sector for Nigerians.
“Dangiwa’s tenure as the Managing Director of FMBN witnessed a groundbreaking revolution in the housing sector with the National Housing Funds (NHF) Collection reaching an unparalleled milestone of N500 billion from the previous N232.8 billion over 25 years. Under his watch also, NHF Refunds surged to an impressive N50 billion from N10.8 billion, another testament to Dangiwa’s exceptional leadership.
“Still, under his watch, the Mortgage Bank disbursed an astounding N163 billion in just five years in Housing Loans, surpassing the cumulative N152 billiion over 25 years. This remarkable feat empowered countless Nigerians to realize their dreams of homeownership, making houses accessible and affordable for all.
“Dangiwa’s influence extended beyond loans and funds; he introduced innovative Rent To Own Mortgage Products with zero percent equity contribution and reduced interest rates at seven percent to facilitate home ownership. He empowered contributors with individual construction loans, enabling them to build their dream homes to their taste.
“Under Dangiwa’s mastermind, the cooperative housing sector thrived, leading to the creation of 5,000 Housing units for 160 corporate bodies across Nigeria. His commitment to inclusive growth and development knows no bounds,” Aliyu said.
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FCT Minister sacks Revenue Service boss
Myesom Wike, the Minister of the Federal Capital Territory, FCT, has sacked the Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, FCT-IRS, Mr Michael Ango, of his duties.
The announcement was contained in a statement late Friday by the minister’s Senior Special Assistant on Public Communications and Social Media, Lere Olayinka.
The statement added that the decision takes immediate effect.
Olayinka said the minister directed the most senior official of the FCT-IRS to immediately assume leadership of the agency
“The Minister of the Federal Capital Territory, Nyesom Wike, has sacked the Acting Executive Chairman of the Federal Capital Territory Internal Revenue Service, Mr Michael Ango,” he stated.
He added that “the most senior official of the FCT-IRS has been directed to take over the running of the revenue agency with immediate effect.”
The statement did not provide reasons for the removal.
News
Speaker, 14 other River State assembly members decamp to APC
15 members of the Rivers State House of Assembly, led by Speaker Martin Amaewhule, have left the Peoples Democratic Party, PDP, for the All Progressives Congress, APC.
Amaewhule disclosed the lawmakers’ decision during Friday’s plenary, attributing their defection to what he called a “clear division” within the PDP.
“Distinguished colleagues, very happily, let me announce that your Speaker has decided, and has indeed written to my ward chairman of my decision, to leave the PDP. APC is my new party,” Amaewhule said.
Amaewhule’s Deputy, Dumle Maol, is one of the 16 lawmakers that joined APC as well.
All the lawmakers, who have jumped ship, are core loyalists of the Minister of the Federal Capital Territory, FCT, Chief Nyesom Wike.
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CBN rolls out new directives to track financial fraud
The Central Bank of Nigeria,has rolled out a new framework ito expedite handling of fraud accusations and refund victims.
Customers must report suspected fraudulent transactions within 72 hours under this draft guideline, and financial institutions have 16 working days to look into the matter and repay money.
The action comes in the wake of a dramatic increase in banking sector fraud.
According to data from the Financial Institutions Training Center, losses in the first quarter of 2025 increased to ₦3.29 billion, a startling 603 percent increase over the previous year. In the same time frame, reported cases also increased to 12,347.
The November 26, 2025, proposed regulations seek to improve bank accountability, expedite reimbursements, and boost prevention.
Director of the Financial Policy and Regulation Department Rita Sike signed the circular, which describes stricter regulations intended to prevent fraud before it occurs.
The apex bank’s ongoing fight against financial fraud has advanced with the adoption of this guidance. To enhance cooperation between operators, it established the Nigeria Electronic Fraud Forum in 2011.
It directed banks to establish specialized fraud bureaus four years later. By requiring BVN or NIN for account opening, it reinforced Know Your Customer checks in 2023.
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