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Treasury Looting: How ex-gov Okezie Ikpeazu paid N107.2b for non-existent contracts including N10b for ‘Abia State Airport’ not found anywhere
Forensic expert have exposed how former governor Okezie Ikpeazu looted the state treasury through payment of N07.2 billion for non-existent contracts.
In a recent video seen by Nationwide Reports, Dr. Alex Otti, the Abia State Governor, while addressing a public gathering said his administration appointed one of the top-3 auditors in the world to look into the finances of the state and said it was a shock when the auditors turned in their reports with details of how funds belonging to Abia people were laundered into personal vaults through crony companies that were paid for contracts that are not seen anywhere.
Otti disclosed that one of the fictitious payments was the sum of N10 billion for ‘Abia State Airport,’ adding that officials of the state have searched everywhere but could not find the site of the airport that was paid for by the former governor.
He however disclosed that his administration has reported the lootings to the Economic and Financial Crimes Commission, EFCC and other security agencies for investigation.
“Talking about corruption, I had set up a forensic audit as soon as I took over last year as Governor of Abia state.
“So that there won’t be any argument, I called in one of the top three audit firms in the world. Not too long ago, they turned in their report. Some of the things in the report are frightening. N79.3billion, was paid to seven contractors for contracts that were not executed at all, up till today.
“Another N15.9billion, almost N16billion was paid to 63 contractors with no supporting documents anywhere in the state. Another N12billion was paid to two contractors for contracts that do not exist. Out of this figure, N10billion- That was September 25, 2020, almost four years ago, paid to some contractors for the construction of Abia State Airport. We have spent time trying to find the airport Up till now, we have failed (to find the airport). In fact, one of my aides told me the other day, that maybe we are using native intelligence to look for the airport, that we should seek Artificial Intelligence.
“So as we continue to look for our airport, we have also involved security agencies to help us search. That is just an example of what really happened. When you juxtapose that with the pensions that were lying unpaid for about 10 years and salary arrears. The N10billion that was spent to build a non-existent airport, was the exact amount our government used to pay the pension arrears,” the Governor said
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Keyamo becomes Honorary Fellow, Nigerian Institute of Architects
By Bonaventure Phillips Melah
Festus Keyamo, SAN, Nigeria’s Minister of Aviation and Aerospace Development, has been formally inducted into the revered league of Honorary Fellows of the Nigerian Institute of Architects (NIA)—a distinguished circle that has, over the past six decades, admitted only a select group of eminent Nigerians.

The prestigious honour, conferred by the Institute, places the Aviation Minister among an elite class that includes former Presidents; Chief Olusegun Aremu Obasanjo and Dr. Goodluck Ebele Jonathan, the Speaker of the House of Representatives, and the Governor of Niger State, among other national figures recognised for their exceptional contributions to nation-building. With this induction, Keyamo becomes only the 16th Honorary Fellow in the 60-year history of the NIA.
In a citation, the Nigerian Institute of Architects described Keyamo’s induction as a testament to his national impact, visionary leadership, and enduring commitment to infrastructural excellence.
In his remarks at the conferment ceremony, the Dean of the College of Fellows, who represented the NIA President, emphasised that the Honorary Fellowship is reserved strictly for individuals who have demonstrated uncommon excellence, service, and achievement. He praised Keyamo for his transformative role in modernising Nigeria’s aviation landscape—an achievement that has significantly enhanced the architectural and infrastructural fabric of the sector.
He noted that the Minister’s visionary leadership has catalysed the renewal of airport infrastructure, promoted world-class design standards, and strengthened the interface between aviation development and national architecture.
“His efforts in repositioning the aviation industry reflect a deep understanding of functional design, structural aesthetics, and sustainable infrastructure—principles that lie at the heart of architecture,” the Dean said.
In his acceptance speech, the Honourable Minister expressed profound gratitude to the Institute for the rare honour, describing it as both humbling and inspiring. He highlighted the importance of cultural identity in national development, stressing that architecture and urban planning must reflect the soul of the people.
“In our urban development, we must integrate our culture into our town planning,” he stated. “Our spaces must tell our stories. Our buildings must reflect who we are. This is the essence of nationhood, and it is a philosophy I intend to continually champion, especially as we reimagine Nigeria’s aviation ecosystem.”
A statement by Tunde Moshood,
Special Adviser On Media and Communications to the Honourable Minister of Aviation and Aerospace Development, had it that Keyamo reaffirmed the Ministry’s commitment to developing aviation infrastructure that embodies innovation, resilience, and cultural relevance while supporting Nigeria’s broader economic transformation.
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Russia passes law
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Why we honoured Prof. Anosike, NiMet DG- NANS
The National Association of Nigerian Students (NANS) has explained why it recently honoured the Director General/CEO, of the Nigerian Metrological Agency (NiMet), Prof. Charles Anosike with its Mentorship Award of Excellence.
Anosike was given the award on October 23rd at the Olabisi Onabanjo University Ago Iwoyin, Ogun State during a youth mentorship conference organized by NANS.
In a statement issued Monday, October 28, 2025, NANS said the NiMet DG was honoured for consistently demonstrating exemplary leadership, humility, and generational impact in his service to Nigeria’s youth and emerging entrepreneurs.
Titled ‘Statement by the National Association of Nigerian Students (NANS) on the Presentation of Mentorship Award to the Director General of NiMet,’ it stated that the mentorship Anosike has provided to thousands of young Nigerians has paved the way for fresh ideas, empowered individuals, and anchored many on the path of excellence.
According to the statement which was signed by Comrade Adeyemi Samson, NANS National Public Relations Officer- “Young people who have had the privilege of working with him testify to his clear-sighted guidance, rare simplicity of approach, and genuine concern for their personal and professional development. His readiness to extend a helping hand, provide encouragement, and share insights has made a lasting difference.
“In his capacity as a distinguished professor, a man of dignity and repute, and a public servant committed to transformation, Professor Anosike embodies the very essence of mentorship that NANS strives to promote among Nigerian students and youths.
“By this award, NANS affirms its deep respect for Professor Anosike’s consistent efforts in nation-building, youth capacity development, and entrepreneurship support. We are delighted to honor him today and look forward to the many further achievements that will follow from his mentorship and service.
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