News
New NNPP NWC wants Kwakwanso, others to account for over N1bn from sale of forms
The newly inaugurated National Working Committee, NWC of the New Nigeria Peoples Party, NNPP, under Dr Agbo Gilbert Major has asked former leaders of the party to urgently account for over N1biliion raised from the sale of nomination and expression of interest forms, ahead of the 2023 Presidential and general election.
They NWC took the decision at a meeting which took place at the party’s national secretariat where it reviewed the situation resulting from what it described as the gross mismanagement of the party in the past one year.
The party accused Buba Galadima of corruption and illegal imposition of candidate.
It also queried the presentation of Senator Rabiu Musa Kwankwaso as the sole presidential candidate of the party in 2023.
In a statement issued after the meeting by the acting National Publicity Secretary, Abdulsalam Abdulrasaq, the NNPP said: “The new leadership of New Nigeria Peoples Party, NNPP, under Dr Agbo Gilbert Major today (yesterday) had its maiden meeting at the Abuja national secretariat and after a review of the situation resulting from the gross mismanagement of the party in the past one year came out with the following resolutions:
“To conduct a thorough probe into the mismanagement of well over one billion naira (N1bn) raised from the sale of forms to aspirants between March 2022 and today (yesterday).
‘’The meeting resolved to invite relevant security agencies to properly examine the accounts of the party, with a view to demanding explanations from the party’s presidential candidate, the party’s chairman who left in March 2023, the sacked acting chairman and the national secretary.
‘’This is to restore confidence of party members/candidates who came forward with their hard earned money to purchase forms.
“The party queried the rationale for location of the Situation Room to the presidential candidate’s personal residence. It noted that the illegal location created room for massive corruption and manipulation, leading to imposition of candidates by Buba Galadima and his co-travellers and resolved to set up a committee to launch a probe into it.
‘’It, therefore, called for written complaints from aggrieved candidates who were shortchanged after making payments for forms into the party’s account.
“The party resolved to query the rationale behind the denial of other presidential aspirants the right to purchase form and participate in the primary election that illegally produced Senator Rabiu Musa Kwankwaso, insisting that it was against the spirit of fairness and equity which our great party preaches.
“The party confirmed its withdrawal from the Memorandum of Understanding signed by it with the Kwankwasiya Movement and TNM, insisting that the principles of these two groups are targeted at massaging the ego of its sole owner and so not in line with the party’s policies of openness and inclusivity.
“The party called on its numerous members and supporters to remain calm in the face of this brazen assault of the Kwankwasiyya movement whose members were erroneously made to believe the party is sold to them and called on all aggrieved and displaced members who left for whatever reason to return home.
“The party resolved to overhaul its structures across all levels nationwide in the coming days and weeks.”
News
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.
News
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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