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N80.2bn Fraud: EFCC Takes Bello To Court

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The legal battle over the Economic and Financial Crimes Commission’s (EFCC) move to arraign former Kogi governor Yahaya Bello for an alleged N80.2 billion fraud is slated to kick off on Monday at the Abuja Court of Appeal.

The appellate court will hear the EFCC’s plea to nullify a temporary injunction from a Kogi High Court, which prohibits the EFCC from apprehending the ex-governor.

Justice Emeka Nwite, presiding at the Federal High Court in Abuja, is expected to deliver a verdict on Tuesday regarding the EFCC’s plea for authorization to serve the charge on Bello through substituted means.

This follows an interim injunction issued by Justice Isa Abdullahi of a Kogi High Court on Feb. 9, which restrains the EFCC from taking any action against Bello until the main case is resolved.

Subsequently, on March 11, the EFCC appealed to the Court of Appeal, seeking to overturn the interim restraining order.

The EFCC informed the appellate court that the lower court was not authorized to help Bello avoid facing legal consequences.

They emphasized that Bello cannot utilize the lower court to evade being summoned for questioning, investigation, and potential prosecution.

Nevertheless, the EFCC’s appeal concerning the interim order will encounter robust legal debate, as the Kogi High Court issued its substantive judgment on April 17.

The court instructed the commission to obtain permission from the Court of Appeal before pursuing any additional actions against Bello.

This situation implies that the EFCC must appeal the new substantive judgment and await the appellate court’s decision before taking any further action against Bello.

Justice Abdullahi had in his latest verdict, held that: “Looking at the Orders sought by the applicant (Bello), I am inclined to grant them subject to some alterations which in my view will meet the justice of this case, in the following terms;

“An order is hereby granted enforcing the fundamental rights of the applicant to liberty and freedom of movement and fair hearing, by restraining the respondent (EFCC) by themselves, their agents, servants or privies from continuing to harass, threaten to arrest or detain or in any manner whatsoever arresting, detaining or prosecuting the Applicant on the basis of the criminal Charges now pending before the Federal High Court, Abuja.

“To wit; Charge No. FHC/ABJ/CR/550/2022 between FRN v. Ali Bello & Anor, without prejudice to the power of the said Federal High Court, to make any order as it may deem just in the determination of the rights of the applicant and the respondent as may be submitted to her for consideration and determination.

“An order is hereby granted directing the respondent to bring before the said Federal High Court, or any such appropriate court, such criminal Charge, allegation or complaint in respect whereof the applicant is reasonably believed by the respondent to have committed any offence subject of its jurisdiction, provided that the respondent shall not invite, arrest or detain the applicant.

“This is on account of a reasonable belief that the applicant has committed any financial crime, without first obtaining the leave of a superior Court of Record.”

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JUST IN: Abducted Kebbi Judge Finally Regains Freedom, Returns Home Safely

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There was relief and celebration in Kebbi State on Monday as abducted High Court Judge, Hon. Justice Faruku Hassan Bunza, regained his freedom after spending one week in the custody of suspected bandits.

A family member confirmed the development, revealing that the judge had safely returned home a few hours before speaking to journalists.

SEE MORE: Bandits Kidnap Kebbi High Court Judge in Midnight Home Invasion

“We are in jubilation and full of gratitude to God for seeing our own return safely from captivity. He was just released and has returned home now after spending one week with the bandits,” the relative said.

The family also expressed appreciation to the Kebbi State Judiciary, security agencies, and residents of the state for their prayers, support, and solidarity throughout the period of the judge’s captivity.

“We sincerely thank and appreciate the Kebbi State Judiciary, the security agencies, and the entire people of Kebbi State who contributed in different ways, offered prayers, and sent messages of sympathy. Your concern and support gave us strength, and we are grateful for your solidarity,” the family member added.

Although the judge’s release has been confirmed, the circumstances surrounding how he regained his freedom remain unclear.

“Other details of how he was released will be made available later,” the source said.

As of the time of filing this report, neither the Kebbi State Judiciary nor security agencies had issued an official statement regarding the judge’s release.

Biz tellers recalls that Justice Bunza was abducted last week, triggering widespread concern across Kebbi State and prompting calls from residents and stakeholders for his immediate and unconditional release.

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No Budget, No Contract as FG Unveils Tough New Rules for Ministries

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The Federal Government has rolled out a sweeping new directive barring Ministries, Departments and Agencies (MDAs) from awarding contracts or entering into financial commitments without first securing budgetary approval and cash backing.

The new policy, aimed at strengthening fiscal discipline and tackling the persistent problem of abandoned projects, was contained in a Federal Treasury Circular dated July 31, 2026, and signed by the Accountant-General of the Federation, Dr. Shamseldeen Ogunjimi.

SEE ALSO: Fake Agency DG Adeniyi Reveals How ₦1.3bn Found Its Way Into 2026 Budget

Addressed to ministers, permanent secretaries, heads of extra-ministerial departments and agencies, accounting officers and federal pay officers, the circular said the fresh operational guidelines became necessary following widespread violations of the Public Procurement Act, 2007, and other financial regulations governing public expenditure.

“Further to the Treasury Circular… captioned ‘Revised Policy on Cash Management and Bottom-Up Cash Plan Operational Guidelines,’ it has become necessary to strengthen and deepen the implementation of the policy sequel to the observed non-compliance with the Public Procurement Act, 2007, and other extant laws and regulations,” the circular stated.

It added, “To ensure full compliance and seamless implementation of the policy, the following operational guidelines for the implementation of the 2026 capital budgets are hereby issued.”

Under the new guidelines, no MDA is permitted to issue letters of award, sign contracts or incur financial obligations unless a Warrant or Authority to Incur Expenditure (AIE) covering the full or committed contract sum has been released by the Minister of Finance and Coordinating Minister of the Economy to the Accountant-General of the Federation.

The circular stated, “No expenditure shall be incurred except on the authority of a Warrant/AIE (including employee payables).

Accordingly, no MDA shall issue letters of award, sign contracts, or enter into any financial obligations unless the corresponding Warrant/AIE covering the full or committed portion of the contract sum has been duly released by the Honourable Minister of Finance and Coordinating Minister of the Economy to the Accountant-General of the Federation.”

To ensure compliance, the Office of the Accountant-General directed MDAs to attach copies of Warrants or AIEs generated through the Government Integrated Financial Management Information System (GIFMIS) as proof that funds are available before contracts are awarded or payments processed.

The circular also warned that financial commitments, including purchase invoices and employee payables, must never exceed available warrant balances.

“All MDAs shall ensure that financial commitments (purchase invoices and employee payables) are limited to uncommitted warrant balances; and at no time should financial commitments exceed the amount of Warrants/AIEs available,” it stated.

In another directive, the Bureau of Public Procurement was instructed to process only applications for “No Objection” certificates that are supported by valid Warrants or AIEs.

The Accountant-General further reminded accounting officers that awarding contracts without adequate funding is a violation of the law.

“Accounting Officers are invited to note that it is an offence under the ICPC Act 2000 to award or sign any contract without budgetary provision, approval and cash backing,” the circular warned.

To improve budget implementation, the Federal Government directed all MDAs to submit annual and quarterly cash plans for their capital budgets to the Office of the Accountant-General. It also instructed agencies to prioritise projects in line with government policy objectives, while the Cash Management Technical Committee will continue reviewing implementation plans and advising on priority projects.

The latest directive reinforces the Federal Government’s revised cash management policy introduced in 2024 and is expected to reduce abandoned projects, curb the accumulation of unpaid contractual liabilities and ensure that capital projects are executed only when sufficient budgetary provisions and cash backing are in place.

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Civil Servants Give Finance Minister August 11 Deadline Over Unpaid Wage Awards, Threaten Nationwide Strike

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Federal civil servants have issued a stern warning to the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, demanding the immediate payment of outstanding wage awards and implementation of a long-awaited 40 per cent peculiar allowance or risk industrial action.

The Joint National Public Service Negotiating Council (JNPSNC) accused the Federal Government of failing to fulfil key welfare commitments to workers despite recent assurances that savings from the removal of fuel subsidy had been used to meet salary obligations.

SEE MORE: Tinubu Removes Wale Edun as Finance Minister, Appoints Oyedele

In a letter dated July 31, 2026, the council gave the minister until August 11, 2026, to meet with its leadership and resolve the lingering issues, warning that failure to do so could provoke what it described as the “wrath of Nigerian workers.”

The letter, jointly signed by National Chairman Benjamin Uyanto and National Secretary Olowoyo Gbenga (Trade Union Side), alleged that the minister ignored two previous correspondences seeking action on the unpaid entitlements.

According to the council, the first letter, dated May 5, 2026, requested the payment of two months’ outstanding wage awards to federal public servants, while the second, dated July 9, 2026, demanded both the payment of the arrears and the implementation of the 40 per cent peculiar allowance approved by the National Salaries, Income and Wages Commission.

The union expressed disappointment over what it described as the minister’s silence.

“To the surprise of the National leadership, none of the letters was responded to, let alone addressing the sensitive issues raised therein,” the letter stated.

The JNPSNC said the two unresolved issues requiring urgent government intervention are the implementation of the 40 per cent peculiar allowance, which was scheduled to take effect from May 1, 2026, and the payment of outstanding wage awards for March and April 2026.

The council requested an urgent meeting with the minister on or before August 11, 2026, at 10:00 a.m., either at his office or any venue convenient to him, expressing hope that the engagement would prevent a nationwide labour crisis.

“It is the expectation of the National leadership that this meeting will help to address the above stated critical and urgent outstanding issues in order to prevent palpable disquietedness and the brewing industrial crisis,” the letter read.

The union further accused the minister of deliberately delaying the payment of workers’ entitlements.

“The entire Public Servants have viewed the silence of the Honourable Minister of Finance, since his resumption as Minister of Finance, as a surreptitious way of compromising the necessary essence of directing the Accountant-General of the Federation to the effect of the full payment of two months outstanding Wage Award and the implementation of the circular on 40% peculiar allowance effective 1st May, 2026.”
It added:

“This request should be seen as a proactive approach from the National leadership to avert drastic actions from workers due to your insensitive silence to our two previous letters.”

The council disclosed that the Nigeria Labour Congress (NLC), the Trade Union Congress (TUC), and other relevant government officials had been notified of the development and the possibility of industrial action if the demands remain unresolved.

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