NEWS
N30bn Clawed Back From Humanitarian Ministry’s Looted Funds – EFCC
The Economic and Financial Crimes Commission (EFCC) has made significant strides in combating corruption by recovering a staggering N30bn from the alleged money laundering activities within the Ministry of Humanitarian Affairs.
The funds, linked to the former minister, Sadiya Umar-Farouk, were part of the N37,170,855,753.44 redirected from government coffers.
Moreover, the anti-graft agency has uncovered an additional N500m associated with Betta Edu, the successor to Umar-Farouk, who recently faced suspension by President Bola Tinubu.
These revelations shed light on a complex web of financial improprieties involving 38 bank accounts across five legacy commercial banks, all connected to the contractor James Okwete, as initially reported by BIZTELLERS.
According to report gathered, the Economic and Financial Crimes Commission (EFCC) successfully recovered N30bn after placing a lien on the bank accounts of Sadiya Umar-Farouq and contractor James Okwete.
Both individuals are currently undergoing intensive interrogation by the anti-graft agency.
Additionally, Betta Edu is still under scrutiny in relation to an alleged N17bn fraud, while the suspended Coordinator of the National Social Investment Programme, Halima Shehu, is also being questioned over an alleged N44bn fraud.
An EFCC source revealed, “The commission has now recovered over N30bn from the laundered N37.1bn that was linked to former minister Sadiya Umar-Farouq.
“We were able to recover the money after we placed liens on the bank accounts of the former minister and the contractor, Mr Okwete, who was linked to the fraud under probe. Both the minister and the contractor are still being grilled by our investigators daily.”
A senior EFCC investigator said “We have uncovered another N17bn money laundering from the Ministry of Humanitarian Affairs, and for the alleged fraud linked to the suspended minister, Betta Edu, we have so far recovered over N500m. Edu is still answering questions about the fraud.”
“The NSIPA coordinator, Halima Shehu, is still being grilled over the N44bn fraud linked to her at the NSIPA; our investigators aren’t leaving any stone unturned.”
In another update, the EFCC announced the recovery of a substantial sum amounting to N70,556,658,370.5 between October 2023 and January 19, 2024.
Exclusive details of this recovery were disclosed in an EFCC document titled ‘Operations and Recoveries,’ obtained by our correspondent.
The breakdown includes N60,969,047,634.25, $10,522,778.57, £150,002.10, and €4,119.90, highlighting a comprehensive effort in reclaiming illicit funds during this period.
Providing a comprehensive overview, the EFCC reported receiving a total of 3,325 petitions, accepting 2,657 of them.
During this period, the agency achieved the conviction of 747 individuals for various financial crimes, spanning from money laundering to Internet fraud.
Notably, the EFCC headquarters played a significant role in the overall recovery, securing N49,607,391,330.44, $3,900,200.75, £2,000, and €110.
Highlighting the extensive efforts across various commands, the Maiduguri Zonal Command recovered N58,065,870 and $3,370, Gombe Command secured N127,323,028.50 and $1,500, and Kano Command recovered N141,944,451 and $365.
Additionally, the Makurdi Command reclaimed N53,228,325, Enugu Command secured N202,117,000 and $1,950, Uyo Command recovered N25,299,950 and $710, while Port Harcourt Command excelled with N2,412,247,210.05 and $5,714,389.21.
Noteworthy recoveries include Sokoto Command with N100,696,118.72, Kaduna Command securing N331,494,710.81, $912, £50, and €1,610, Ilorin Command recovering N80,280,580.86 and $880, Abuja Zonal Command with N825,928,463 and $10,000, and Ibadan Zonal Command obtaining N135,519,810, $14,517, £280, and €500.
The Lagos Zonal Command reported a substantial recovery of N6,826,993,798.78, $868,284.61, £147,672.10, and €1,899.90.
In a parallel effort, the Benin Zonal Command secured the recovery of N49,515,987.09 and $5,700.
Simultaneously, the EFCC achieved 747 convictions during this period, predominantly centered on cybercrime and money laundering offenses.
Chairman Ola Olukoyede disclosed at a dialogue in Abuja that a significant portion of the convictions stemmed from prosecutions related to cybercrimes.
The EFCC further disclosed that it has deepened its investigation into money laundering cases involving high-profile public officials, including former governors and ministers accused of fraud.
The total amount implicated in these cases has reached around N130.1bn as of January 31, 2024, as revealed in an EFCC document titled ‘100 Days in Office,’ outlining ongoing probes, discoveries, and recoveries under Chairman Ola Olukoyede’s leadership.
NEWS
PTDF Succour 15,000 Nigerians with Scholarships
The Petroleum Technology Development Fund (PTDF) said it has sponsored nearly 15,000 Nigerians for studies at home and abroad, with 1,571 scholars currently studying in 15 countries, as of July 2026.
This is as the Fund is now asking the United Kingdom (UK) to help address visa rejections, high tuition fees and the monitoring of its scholars, which it says are putting pressure on the programme.
The executive secretary of the Fund, Prof Shu’aibu Shehu Aliyu, made the request on Tuesday at a meeting with the British High Commissioner to Nigeria, Pete Vowles. The meeting was held at the General Shehu Musa Yar’adua University of Geological Sciences and Engineering Technology, Kaduna.
According to Aliyu, the Fund had sponsored the beneficiaries through its Overseas Scholarship Scheme and In-Country Scholarship Scheme, for undergraduate and postgraduate studies.
He said that as of July 2026, 1,571 scholars were studying in 15 countries and more than 120 partner institutions. He added that demand for PTDF scholarships was still rising.
READ MORE: Investors Embrace DPRP IPO Globally, 120 Countries, 54 African Nations
The executive secretary said the UK had for decades been the Fund’s main partner in building skills for Nigeria’s energy sector.
He said the PTDF worked with 24 British universities, including Robert Gordon, Strathclyde, Portsmouth, Aberdeen, Newcastle, Birmingham, Glasgow, Leicester, Liverpool and Manchester.
He said the partnership had helped train thousands of Nigerian engineers, geoscientists, researchers and energy professionals.
Aliyu also said the Fund worked with institutions in Germany, France and Malaysia, where it sought cheaper ways to train Nigerians. He said the Fund still wanted to keep its long-standing ties with the UK.
The ES told the High Commissioner that the Fund was facing problems with its UK partners. He listed these as tuition fees that were high compared with other European countries, and visa rejections.
“I would like to take this opportunity to highlight several challenges we are facing with our UK partners for the High Commissioner’s attention,” he said.
He said the Fund also wanted a plan to monitor its scholars in the UK, with support from the UK government and the host universities.
Aliyu did not give figures for the fee increases or the number of visa rejections.
In response, Vowles said the British High Commission understood the difficulties, especially those linked to visas and increases in tuition fees.
“We will take these concerns away as a team and communicate them to the relevant stakeholders within the UK system,” he said.
The High Commissioner said the PTDF and the High Commission had worked together to simplify the process. He said the PTDF’s recognition as a government-approved sponsor was expected to help.
“Having the PTDF recognised as a government-approved sponsor will hopefully make the process much smoother,” he said.
He did not promise any change in fees or visa rules.
NEWS
Lagos Warns Hospitals Against Denying Emergency Care Over Payment
The Lagos State Government has warned healthcare providers against denying emergency medical treatment to patients because of financial constraints, insisting that patients must be stabilised before payment or health insurance details are discussed.
Governor Babajide Sanwo-Olu gave the warning on Wednesday while flagging off the enforcement of Executive Order EO/BOS/01 of 2024 and unveiling the Lagos Private Health Plans (LPHP).
The governor said the policy was designed to protect residents from the financial burden of unexpected medical expenses and ensure that access to healthcare does not depend solely on their ability to pay when illness or an emergency occurs.
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“We are also setting a firm boundary for all healthcare providers, no hospital in Lagos is permitted to turn away anyone needing emergency care due to financial constraints,” Sanwo-Olu said.
“Patients must be stabilized first before any payment or insurance details are discussed,” he added.
Under the arrangement, Lagos residents have until December 31, 2026, to obtain health insurance coverage, with formal enforcement scheduled to begin on January 1, 2027.
Explaining the need for the policy, the governor said rising healthcare costs had made reliance on direct payments during emergencies increasingly difficult for families.
“Healthcare costs are rising rapidly and relying on cash payments when an emergency strikes simply does not work,” he said.
“We are changing that system today so that quality care is accessible to all without putting your life savings at risk.”
The initiative introduces the Lagos Private Health Plans to extend insurance coverage to salaried workers and corporate organisations, complementing the existing Ilera Eko scheme, which caters to vulnerable residents and people working in the informal sector.
According to Sanwo-Olu, 21 Health Maintenance Organisations (HMOs) have already joined as partners to expand coverage across the private sector.
Lagos Increases Health Equity Fund to ₦3bn
As part of efforts to ensure that low-income residents are not excluded from healthcare coverage, the state government has increased its Health Equity Fund from ₦1 billion to ₦3 billion.
Sanwo-Olu said the expanded fund would enable the government to pay insurance premiums directly for more than 500,000 residents who cannot afford coverage on their own.
“To ensure no one is left behind, we tripled our Health Equity Fund from ₦1 billion to ₦3 billion,” he said.
“This allows us to pay premiums directly for over 500,000 residents who cannot afford insurance on their own.”
The governor also emphasised that employers must take responsibility for the healthcare coverage of their workers, describing it as a mandatory obligation comparable to pension contributions.
“To our business owners and employers, employee healthcare is not an optional extra, it is a mandatory responsibility just like pensions,” he said.
He added that strengthening healthcare financing would help retain medical professionals in the country.
“To our doctors and medical professionals, strengthening our healthcare financing builds the solid foundation we need to keep your talents right here at home,” Sanwo-Olu said.
The governor maintained that the reform would help families avoid financial hardship caused by unexpected medical bills while encouraging more residents to seek treatment when necessary.
“We are protecting families from the burden of unexpected medical bills, helping more people seek care when they need it and building a healthcare system that works for everyone,” he said.
He added: “No one should have to choose between getting medical care and protecting their household finances.”
With the December 31 deadline approaching, residents, workers and employers are expected to obtain the required health insurance coverage before formal enforcement begins on January 1, 2027.
Sanwo-Olu said the ultimate objective was to build a healthcare system in which quality medical services were accessible and affordable to residents across the state.
NEWS
₦70,000 Monthly Allowance: FG, NLC Leave Minimum Wage Dispute Unresolved
The Federal Government and the Nigeria Labour Congress (NLC) have agreed on a ₦70,000 monthly transport allowance for workers for six months, beginning in November 2026, but failed to resolve their disagreement over the effective date for implementing the national minimum wage.
The agreement was reached at a conciliation meeting between the Federal Government and organised labour at the Ministry of Labour and Employment in Abuja on October 27, 2026.
The transport intervention is part of measures proposed by the Federal Government to cushion the effects of rising petroleum pump prices and the resulting pressure on workers’ finances.
SEE ALSO: NLC Ultimatum: Wage Demands Can Be Resolved in Two Weeks – HR Expert
Under the resolutions reached at the meeting, the government will provide the monthly transport allowance for six months, beginning in November.
However, despite the agreement on transport support and other welfare measures, the minimum wage implementation date remains unresolved.
FG, NLC to Begin Minimum Wage Negotiations
As part of efforts to address the disagreement, the meeting agreed that the Minimum Wage Negotiation Committee should be constituted and commence meetings immediately.
The move is expected to provide a platform for further discussions between the government and organised labour on workers’ minimum wage demands.
The failure to agree on an implementation date leaves the issue open even as both parties pursue other measures aimed at easing the financial pressure on Nigerian workers.
FG Agrees to Pay Outstanding Allowances
The resolutions also provide for the payment of peculiar allowance arrears in three equal monthly instalments beginning in November 2026.
For health workers, the Federal Government agreed to redeem 19 months of outstanding allowances within three months, starting in December 2026.
The meeting also addressed the proposed hazard allowance for agricultural officers.
According to the resolutions, the Federal Ministry of Agriculture and Food Security had submitted the list of beneficiaries and the associated cost implications to the National Salaries, Incomes and Wages Commission for verification.
The commission is expected to complete the verification exercise within two weeks and issue an implementation template.
Decision on Health Workers’ Salary Adjustment Pending
The proposed adjustment to the Consolidated Health Salary Structure (CONHESS) was also discussed during the meeting.
The National Salaries, Incomes and Wages Commission is expected to complete an updated assessment of the cost implications within three weeks.
The assessment will be forwarded to the Presidential Committee on Salaries for consideration.
No final decision on the proposed adjustment was announced in the resolutions.
Tax Relief Referred to NEC
On tax relief for workers, the meeting agreed that the matter should be referred to the National Executive Council (NEC) for consideration.
The resolutions stated that, “Since tax is a statutory matter, the issue of tax relief for workers will be taken to National Executive Council (NEC).”
The meeting did not specify the proposed tax relief measures or when a final decision would be made.
FG, NLC to Review Implementation
The Federal Government and the NLC also urged state and local governments to participate in the intervention process.
The parties agreed to reconvene after one month to assess progress on the resolutions reached at the meeting.
The agreement was signed on behalf of the Federal Government by the Minister of Labour and Employment, Dr Muhammad Maigari Dingyadi; the Director-General of Budget, Timi Yakubu; and the Permanent Secretary of the Service Welfare Office in the Office of the Head of the Civil Service of the Federation, Dr Garba Abdul S.U.
NLC President, Comrade Joe Ajaero, signed on behalf of the Congress, while Olowoyo Gbenga signed for the Joint National Public Service Negotiation Council (JNPSNC).






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