NEWS
Audit Query: Reps panel investigates NIPC Over N1.19bn Extra Budgetary Expenditure
The Nigeria Investment Promotion Commission, (NIPC), a Federal Government agency under the Federal Ministry of Industry, Trade and Investment is under probe by the House of Representatives panel on Public accounts for engaging in extra budgetary expenditure of N1.19 billion in the 2018 and 2019 financial years.
A report from the office of the Auditor General of the Federation, indicated that the NIPC had a budget of N194 million in 2018, and NN180.6 million in 2019, but spent N700 million and N871 million respectively.
Consequently, the Committee chaired by Hon Whole Oke, (PDP-Osun) ordered the management of the Agency to provide full explanations on why the agency would spend government money at their disposal without the approval of the National Assembly in form of appropriation.
In addition, the Committee is also investigating why the Commission would re-award a contract for the supply and installation of 50 units of complete computer sets and UPS at the cost of N28.9 million when an upward review of the same contract demanded by the original contractor was N27.6 million.
A brief from the Public Accounts Committee on the query revealed that “N180.6 million was budgeted for overhead cost in the year 2019, but NIPC ended in spending N871 million excluding depreciation without the approval of the National Assembly.
According to panel, “There was extra budgetary spending on overhead in the year 2018 without supplementary approval from the National Assembly. N194 million appropriated but NIPC spent over N700 million.”
The Committee therefore directed the Commission to provide the National Assembly’s approval for extra budgetary spending of N690 million.
The query alleged that the contract for the supply and installation of 50 units of complete computer sets and UPS to Digital Communication Konsult at the cost of N22.5 million in 2020, but repudiated the contract on account that the contractor requested for upward review to N27.6 million citing unstable exchange rate as an excuse, but the contract was later re-awarded to Dotmac Technologies Limited at the cost of N28.9 million.
The committee also wanted the Executive Secretary of the NIPC to explain why the Commission was not implementing the provisions of the Pensions Reform Act which stipulate 18 percent contribution, while the agency is implementing 15 percent.
A close study of the 223 paged document presented to the Committee by the Commission showed a line item suggesting that the Commission may have spent its internally generated revenue for 2019 to service its recurrent and capital budget.
For example, the statement indicated that comparison between budget and actual transaction as at 31st December, 2019 shows under Internally Generated Revenue, a recurrent item which states that there was a personnel cost budget of N500 million and actual of N349,750,700.50, overhead budget of N966 million and actual of N749,811,184.32 as well as capital budget of N149 million and actual of N91,123,865.07.
It was also discovered that the NIPC with a staff strength of about 210 with 63 of them being management staff, 137 as senior staff with only 10 junior staff spent about N38.5 million on overseas and local training and a whooping N81.7 million on travels alone in 2019.
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The Committee had earlier rejected the submission made to it on the query saying that the supporting documents were neither signed nor authenticated by any authority which made the submission invalid in the eyes of the law..
Consequently, the Committee stepped down all its queries and directed its new Executive Secretary, Mrs Saratu Umàr to go back with the Submission to enable her to familiarise herself with it and come back to defend it by next week Wednesday
The Director of Finance of the Commission, Mr Akwada James had stunned the Committee members while defending the submission as he said that he was at loss while preparing the submission and that he did not know how to explain the item by item in the queries as demanded by the Committee.
The Committee members one after the other pointed out several flaws in the submission which they said looked like forged document that would not stand the test of time before the law.
In his remarks on the development, the Chairman of the Committee, Hon Oke said,” Madam New Executive Secretary, in line with the principle of fair hearing they operate, the Committee should allow them to pick a date, so that they can go and familiarise themselves with the submission and the relevant documents and come back to defend the query since they just assumed office and those on ground before them are not helping the matter”
Mrs Umar while appreciating the gesture extended to her promised to appear before the Committee for proper defence in the second week of September this year.
NEWS
BREAKING: Gunmen Launch Fresh Attack on NIPSS
Security operatives at the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State, have successfully repelled another attack by suspected gunmen, killing one of the assailants during a fierce exchange of gunfire.
The incident occurred around 11 p.m. on Wednesday when the armed men reportedly attempted to breach the institute’s security perimeter.
However, security personnel swiftly responded, engaging the attackers in a gun battle that forced them to retreat.
SEE ALSO: Gunmen Kill Ex-Ogun State Broadcaster, Security Guard in Early Morning Attack
In a statement issued on Thursday by the institute’s Head of Public Affairs, Dr. Osime Samuel, NIPSS confirmed that one of the suspected attackers was neutralised, while several others escaped with varying degrees of injuries.
The institute said the attackers failed to gain access to its premises, assuring that participants of the Senior Executive Course, staff, residents, and facilities remained safe throughout the incident.
According to the statement, security agencies have intensified efforts to track down the fleeing suspects while strengthening surveillance and other proactive security measures within and around the institution.
NIPSS reaffirmed that the safety of lives and property remains its top priority and commended the prompt response and professionalism displayed by security operatives during the attack.
The institute also urged members of the public to disregard misinformation capable of causing unnecessary panic.
The latest assault comes just weeks after another failed attempt by gunmen to infiltrate the prestigious policy institute, raising fresh concerns over recurring security threats in the area.
NEWS
India Blocks WhatsApp Username Rollout Over Rising Scam Fears
The Indian government has directed Meta to delay the rollout of WhatsApp’s upcoming username feature, citing concerns that it could expose millions of users to fraud, phishing, and impersonation scams.
The move follows WhatsApp’s recent announcement that users worldwide would soon be able to connect using unique usernames instead of sharing their phone numbers, a feature designed to improve privacy.
ALSO READ: WhatsApp to Introduce Usernames, Ending the Need to Share Phone Numbers
However, Indian authorities fear the change could be exploited by cybercriminals, particularly as the country continues to witness a sharp rise in online fraud.
According to reports, India’s Ministry of Electronics and Information Technology has asked Meta to suspend the launch of the feature until consultations with the government are completed.
Officials warned that fraudsters could register deceptive usernames and pose as trusted individuals or organisations, making it more difficult for users—especially those with limited digital literacy—to identify scams.
The ministry also expressed concerns that the feature could fuel phishing attacks, impersonation, and the growing trend of so-called “digital arrest” scams that have affected thousands of victims across the country.
Responding to the concerns, Meta said the username feature has not yet been launched in India. The company noted that usernames for public figures and verified accounts have already been reserved to prevent impersonation.
Meta also stressed that users will still need a phone number to create and use a WhatsApp account, adding that the platform has built multiple layers of protection into the new feature to help detect and prevent scams.
India is WhatsApp’s largest market, with more than 500 million users. Government figures show that cyber fraud losses in the country reached nearly $3 billion in 2025, almost 40 times higher than the amount recorded in 2021, underscoring the growing challenge of online crime.
The WhatsApp username feature is already available on WeChat, the messaging platform owned by Chinese technology company Tencent.
International News
Miracle in Venezuela: Toddler Rescued Alive Six Days After Deadly Earthquakes
A three-year-old child has been rescued alive from beneath the rubble in Venezuela, six days after two powerful earthquakes devastated parts of the South American nation, offering a glimmer of hope amid a worsening humanitarian crisis.
The remarkable rescue took place in La Guaira, one of the areas hardest hit by the twin earthquakes measuring 7.2 and 7.5 magnitudes, which struck less than a minute apart on June 24.
SEE ALSO: Over 800 Dead As Earthquake Devastates Eastern Afghanistan
Rescue workers have continued round-the-clock search operations despite the challenges posed by repeated aftershocks.
The United Nations described the rescue as a powerful reminder that every life matters as emergency teams continue combing collapsed buildings for survivors.
According to Venezuelan authorities, the earthquakes have claimed nearly 2,000 lives, while more than 6,400 people have been rescued since the disaster struck.
Tens of thousands of survivors remain without adequate shelter, with humanitarian agencies warning that urgent needs continue to grow.
The UN refugee agency said the scale of the disaster has left thousands of families in desperate need of emergency assistance, while the UN Office for the Coordination of Humanitarian Affairs (OCHA) confirmed that national and international rescue teams remain active in the affected communities.
UN Disaster Assessment and Coordination (UNDAC) teams are also assessing the extent of the destruction and identifying communities most in need of humanitarian support.
Officials said about 1,000 buildings, including hospitals, have either been damaged or completely destroyed.
More than 400 schools and water systems have also been severely affected, worsening living conditions for residents.
To support relief efforts, the United Nations Children’s Fund (UNICEF) has delivered an initial 47-tonne shipment of humanitarian supplies, including emergency medical kits, water purification materials, safe birth supplies, wheelchairs, child-friendly tents and educational materials. The shipment follows an earlier consignment that arrived from Panama.
UNICEF said the combined aid will support more than 100,000 children and their families over the next three months.
Speaking from La Guaira, UNICEF representative Gabriel Vockel said the organisation is working around the clock to reach as many children and families as possible, while appealing for more donations to expand its life-saving operations.
UNICEF Regional Director for Latin America and the Caribbean, Roberto Benes, said many affected families are sleeping outdoors for fear of continued aftershocks and remain in urgent need of clean water, healthcare and safe shelter.
The agency estimates that about 680,000 children across six affected states require humanitarian assistance following what has been described as Venezuela’s most significant earthquake disaster in more than a century.
Authorities also reported that more than 600 aftershocks have been recorded since the initial earthquakes, increasing concerns over further damage and risks to survivors.
UNICEF is seeking $52 million to respond to the earthquake emergency as part of its broader 2026 Humanitarian Action for Children appeal for Venezuela, which remains significantly underfunded.





