By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Monday, Jul 20, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Breaking NewsPoliticsTrending News

BREAKING!! ‘Osinbajo Must Answer For N5.8b Fraud’ – Reps Insist

Uchenna Mbam
Last updated: November 14, 2018 8:19 am
By Uchenna Mbam
Share
9 Min Read
osinbajoyemi
SHARE

The House of Representatives ad-hoc committee on Emergency and Disaster Preparedness yesterday offered insight into why it indicted Vice President Yemi Osinbajo on the alleged diversion of N5.8 billion meant for emergency intervention in the north east.

The Chairman of the committee, Mr. Ali Isa J.C., who addressed reporters at the National Assembly Complex in Abuja, explained that there was no way Osinbajo could be exonerated from the alleged mismanagement of the fund.

Isa said: “Yes, of course, he (Osinbajo) does have questions to answer. He may have questions to answer because he is the chairman of the governing council of National Emergency Management Agency (NEMA) and he was the acting president that gave the approval.”

To justify his position, he brandished a memo (reference number SH/OVP/DCOS/HMF/010), dated June 1, 2017, which drew the attention of the former finance minister, Mrs. Kemi Adeosun, to an approval for the purchase of 30,905,08 metric tonnes of grains worth N5,036,644,933.26 and the cost for logistics and distribution of the grains put at N829,026,456.

The lawmaker also brandished another memo (HMF/FMF/CBN/FOOD/1/2017) dated June 2, 2017, in which Central Bank Governor, Mr. Godwin Emefiele, drew the attention of Adeosun, Osinbajo and the Accountant General of the Federation Ahmed Idris to the payment instruction for the aforementioned amount of money.

He further claimed that in breach of laid down procedure, the money was paid directly to five companies: Dangote Rice Limited (N936.1 million); Golden Agric Input Limited (N1.3 billion); BUA Rice Limited (N1.3bn); WACOT Limited (N453.6 million); and WACOT Limited (N939.9 million) while NEMA received N829 million for the transportation of the goods.

Badejo-Okusanya Becomes NBA’s Second Female President
ECOWAS court ruling: Lawyer warns against sharing Ogechi Njaka’s police wanted notice
U.S House of Reps Moves to Stop Aid to Nigeria until Christians Protected
Northern Youths Give Umahi 7 Days to Resign Over Habila’s Death, Threaten Mass Protests

Isa, who insisted the report was not politically motivated, urged anti-graft agencies not to shirk their responsibilities by bringing to book anyone found wanting in the alleged theft.

In a report adopted last week, the House had indicted top government functionaries involved in the approval, processing, release and diversion of the money on the ground that they contravened the provisions of Section 80 (2) of the 1999 Constitution as amended.

But a statement by Osinbajo’s spokesman, Laolu Akande, criticised the committee’s “conclusion”, describing it as “false and misleading.”

The statement reads in part: “These presidential approvals were well within the clear constitutional authority of the acting president, who needed to take emergency steps to forestall acute food shortages in the affected states and there was nothing illegal or unconstitutional about them. The approvals were duly communicated by the Deputy Chief of Staff to the Central Bank Governor, Director General of NEMA and the Minister of Finance for implementation.

“On account of the emergency nature of the procurement, the House committee’s assumption that the ordinary rules of procurement would apply was wrong. Section 43 of the Public Procurement Act makes provision for emergency procurement, in which case the procuring entity is allowed to engage in direct contracting for goods and file a report thereafter with the Bureau of Public Procurement.

“It is also wrong to assume that taxes and interests accruable to government from these transactions in food items were deliberately ignored or waived by neglect. Of course, we expect that any loans advanced to any of the companies would be recovered with the agreed interests, and that any profits made by such companies would be liable to tax in the usual manner.

“The suggestion that the grains were never delivered to the target states is also blatant falsehood. In actual fact, in order to ensure effective distribution of the grains, an Emergency Food Intervention Project Team was established, consisting of the Director General of NEMA and representatives of the National Security Adviser, Chief of Defence Staff, Chief of Army Staff, Chief of Naval Staff, Chief of Air Staff, Department of State Security, Nigeria Police and the Presidency.

“The committee also worked with respective State Emergency Management Agencies, as well as humanitarian agencies such as World Food Programme, International Committee of the Red Cross, and the United Nations Office for the Coordination of Humanitarian Affairs. Deliveries were publicly made directly to the intended beneficiaries.

“In fact, the then acting president personally inspected the electronic truck-tracking unit established in Maiduguri for the purpose of monitoring the transportation and flagged off the food distribution on June 8, 2017. Besides, there was the integration of a robust monitoring and evaluation system into the operation, in order to facilitate a transparent and accountable process.

“Therefore, all insinuations on this matter regarding purported indictments and perceived violations of due process or the constitution are baseless and totally false. Such interpretations are flawed and should be utterly ignored.”

This came as the Peoples Democratic Party (PDP) asked Osinbajo to desist from “juggling figures” and “making false claims about the nation’s debt profile.” Accusing him of “playing to the camera”, the opposition party said: “Osinbajo is challenged to present to Nigerians the empty scorecard of APC’s failed administration, for which President Muhammadu Buhari has now lost his carriage as a leader.”

In a statement by its national publicity secretary, Kola Ologbondiyan, in Abuja yesterday, the PDP claimed “Nigerians are alarmed that Osinbajo, a professor of law, has allowed himself to be turned into a vendor of propaganda and false claims for a corrupt administration now hanging on straws. He is the head of Buhari’s bungling economic team and should therefore, not in anyway, parade himself as if he has no blame at all in the manifest failures of this administration.”

In another development, Mr. Nasiru Ingawa, a one-time special adviser to former governor Ibrahim Shema of Katsina State on SURE-P, yesterday told a Federal High Court in Katsina how Shema allegedly directed him to use about N5.7 billion state SURE-P (Subsidy Reinvestment and Empowerment Programme) funds for politics during his tenure.

The adviser testified at the resumed hearing of a fraud case against Shema.

The News Agency of Nigeria (NAN) reports that Shema is standing trial before the court on a 26-count charge bordering on fraud, in contravention of Section 15(2d) of the Money Laundering Prohibition Act, 2011, as amended. The offences are punishable under Section 15 (3) of the Act. The Economic and Financial Crimes Commission (EFCC) preferred the charges.

Ingawa told the court that he was the special adviser to Shema on SURE-P from June 2014 to May 2015. He said: “I remember him (Shema) telling me that we were going to use the funds for politics and that we would extract our savings from there.” He said they wrote memos for certain programmes and used half of the money, while the remainder went into savings.

Ingawa also said that the department made direct purchases from which a certain percentage would go into savings. He noted that sometimes, they wrote memos for programmes not implemented at all.

After the evidence, the prosecution counsel, Mr. O. I. Uket, applied for adjournment, which the defence counsel did not object to.

Justice Hadiza Rabiu Shagari adjourned the case till January 14, 2019, for the continuation of the trial.

Like this:

Like Loading…
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
ByUchenna Mbam
Follow:
Uchenna Mbam is a reliable full time Blogger on news media as Editor/Publisher.
Previous Article 8134379 images18 jpeg jpeg912c27819aadbc2c3d96c8f4139bd1af1 See How Trump Stared At Sleeping King Of Morocco During Recent Ceremony In France
Next Article 8133936 saraki jpegec9dcce082f2412c7e6b80b1969d667f 2019: ‘Saraki Must Go!’ – Adams Oshiomhole Thunders
Search
– Advertisement –
Latest News
  • Get me a Nigerian Passport — IShowSpeed Tells Seyi Tinubu, Nigerians React July 20, 2026
  • Rapper Drake loses $1.5m bet after Argentina’s World Cup final defeat July 20, 2026
  • FG dismisses claims Tinubu Borrowed nearly ₦80tn in Three Years July 20, 2026
  • 2026 FIFA World Cup safest ever — FBI July 20, 2026
  • Senegal’s President Diomaye Faye emerges ECOWAS Chairman July 20, 2026
  • Annie Idiabia dismisses rumours of reunion with 2Baba July 20, 2026
  • Traore says Burkina Faso will not adopt Sharia Law, rejects extremism July 20, 2026
  • Nigeria minimum wage 2026: What workers need to know July 20, 2026
  • Badejo-Okusanya Becomes NBA’s Second Female President July 19, 2026
  • Over 200 clubs expected as Ozogola FA Cup returns bigger, announce women edition July 19, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

IMG 20260716 WA0605
Breaking News

Owerri Crash: Three Vehicles Collide at Assembly Junction

July 16, 2026
Tinubu speaks on Hardship
OPINIONBusiness

5 worst economic policies under Tinubu

July 13, 2026
file 000000007d0471f4b80bba708af57904
Trending News

Nigeria Smiles as All Abducted Oyo Pupils, Teachers Are Freed

July 10, 2026
Tinubu e1743269448109
Nigeria NewsNational

2027: APC Chairman inaugurates ‘President Tinubu Door-to-Door Movement’

July 9, 2026
FB IMG 1783437179972 1
Breaking News

Ghana Declines to Host Ramaphosa’s Over Xenophobic Attacks

July 7, 2026
Prince Adeyemi Adeniyi
OPINIONEditorial

Gbajabiamila Gate: Inside the ₦1.3bn ‘Ghost’ agency PFIPC mystery

July 7, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • The Love of God
  • Business
  • Crime and Investigation

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d