Politics
SERAP Threatens Wike, 36 Gov With Legal Action Over FAAC
The Socio-Economic Rights and Accountability Project (SERAP) has given Nigeria’s 36 state governors and the Minister of the Federal Capital Territory, Abuja, Nyesom Wike the options of availing them of documents on the spending of FAAC allocations received since 1999, widely publishing such documents or facing legal action.
The SERAP also urged them “to invite Independent Corrupt Practices and Other Related Offences Commission (ICPC) and Economic and Financial Crimes Commission (EFCC) to jointly track and monitor the spending of FAAC allocations by your state and the FCT and to probe any allegations of corruption linked the allocations.”
Biztellers reports that the SERAP’s requests followed reports that the Federation Account Allocation Committee (FAAC) disbursed N1.123 trillion to the federal, state, and local governments for March 2024 alone. States collected N398.689 billion.
The demands were contained in the Freedom of Information (FoI) requests dated 20 April 2024 and signed by SERAP deputy director Kolawole Oluwadare.
The organisation stated, “Nigerians ought to know in what manner public funds including FAAC allocations, are spent.
“Without this information, Nigerians cannot follow the actions of their states and the FCT and they cannot properly fulfill their responsibilities as citizens.”
According to the SERAP, “trillions of FAAC allocations received by Nigeria’s 36 states and the FCT have allegedly gone down the drain. The resulting human costs directly threaten the human rights of socially and economically vulnerable Nigerians.”
The FoI requests, read in part, “ensuring that the FAAC allocations received by your state and the FCT are spent to achieve the security and welfare of Nigerians are serious and legitimate public interests.
“Secrecy in the spending of FAAC allocations received by your state and the FCT is entirely inconsistent and incompatible with the Nigerian Constitution 1999 [as amended] and the country’s international anti-corruption obligations.
“Secrecy in the spending of FAAC allocations received by your state and the FCT also denies Nigerians the right to know how public funds are spent. Transparency in the spending would allow them to retain control over their government.
“The documents should include the evidence and list of specific projects completed with the FAAC allocations collected, the locations of any such projects and completion reports of the projects.
“The documents should also include details of the salaries and pensions paid from the FAAC allocations collected, as well as the details of projects executed on hospitals and schools with the FAAC allocations.
“Despite the increased FAAC allocations to states and FCT, millions of residents in your state and the FCT continue to face extreme poverty and lack access to basic public goods and services.
“The reported removal of petrol subsidy and the floating of the exchange rate by the Federal Government has translated into increased FAAC allocations to states and the FCT. However, there is no corresponding improvement in the security and welfare of millions of Nigerians.
“FAAC allocations received by your state and the FCT are reportedly characterised by mismanagement, diversion of funds, and abandoned projects. FAAC allocations have also been allegedly spent for other purposes such as election campaigns and political patronage.
“Publishing the documents on the spending of FAAC allocations by your state and the FCT would promote transparency, accountability, and reduce the risks of corruption in the spending of the funds.
“Publishing the documents would enable Nigerians to meaningfully engage in the implementation of projects executed with the FAAC allocations collected.
“The report that some 140 million Nigerians are poor suggests corruption and mismanagement in the spending of trillions of naira in FAAC allocations collected by your state and the FCT.
“We would be grateful if the recommended measures are taken within 7 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall consider appropriate legal actions to compel you and your state and the FCT to comply with our requests in the public interest.
“According to our information, the Federation Account Allocation Committee (FAAC) last week disbursed N1.123 trillion to the federal, state and local governments for March 2024.
“State governments got N398.689 billion while local government councils got N288.688 billion. The mineral-producing states received an additional N90.124 billion (13% of mineral revenue). In February, states collected N336 billion.
“According to the Nigeria Extractive Industries Transparency Initiative (NEITI), the federal, states and local governments shared N10.143 trillion from the Federation Account as statutory revenue allocations in 2023, with states collecting N3.585 trillion.
“SERAP also urges you to provide details of the transparency and accountability mechanisms that have been put in place to ensure that the trillions of naira of FAAC allocations that have been received by your state and the FCT are not embezzled, misappropriated or diverted into private pockets.
“SERAP is concerned about the persistent lack of transparency and accountability in the spending of FAAC allocations by your state and the FCT.
“SERAP notes that Section 15(5) of the Nigerian Constitution requires public institutions to abolish all corrupt practices and abuse of power.
“Section 16(2) of the Nigerian Constitution further provides that, ‘the material resources of the nation are harnessed and distributed as best as possible to serve the common good.’
“Section 13 of the Nigerian Constitution imposes clear responsibility on your state to conform to, observe and apply the provisions of Chapter 2 of the constitution.
“Nigeria has made legally binding commitments under the UN Convention against Corruption to ensure accountability in the management of public resources.
“Nigerians are entitled to the right to receive information without any interference or distortion, and the enjoyment of this right should be based on the principle of maximum disclosure, and a presumption that all information is accessible subject only to a narrow system of exceptions.
“The Freedom of Information Act, Section 39 of the Nigerian Constitution, article 9 of the African Charter on Human and Peoples’ Rights and article 19 of the International Covenant on Civil and Political Rights guarantee to everyone the right to information, including the documents on the spending of FAAC allocations by your state.
“The Nigerian Constitution, Freedom of Information Act, and the country’s anti-corruption and human rights obligations rest on the principle that citizens should have access to information regarding their public institutions’ activities.”
Politics
State Govs, Wike Endorse One-Party State, Join APC Campaign Council
Two sitting state governors of other political parties and an influential minister, also of an opposition party have teamed up with the ruling All Progressives Congress (APC) in the push to help President Bola Ahmned Tinubu retain his seat come 2027.
Biztellers reports that Osun State Governor, Senator Ademola Adeleke (Accord Party) and his Anambra State counterpart, Prof Charles Soludu (All Progressives Grand Alliance (APGA)) have joined the Minister of Federal Capital Territory (FCT), Nyesom Wike (Peoples Democratic Party, (PDP)) in backing Tinubu’s re-election bid and would be serving in the revised Presidential Campaign Council (PCC).
Tinubu is the presidential candidate of the ruling APC.
According to a notice signed by the National Secretary of the APC, Senator Ajibola Basiru, the inauguration of the Council is scheduled for Wednesday at the Banquet Hall, Presidential Villa, Abuja by 11:00 a.m.
In a move signifying that politics is ticker than blood-relationship, Adeleke, a member of the Accord Party in Osun state was preferred to the President’s cousin and the Minister of Marine and Blue Economy, Gboyega Oyetola, who is the leader of the APC in the state.
With the Presidential candidate of the African Democratic Congress (ADC), Atiku Abubbakar, and Candidate of the National Democratic Congress (NDC) giving APC and Tinubu a good fight, the ruling party is leaving nothing to chance, hence, its decision to leverage on the popularity of friendly governors in opposition parties such as Adeleke to garner more support for Tinubu in Osun.
READ ALSO: 2027: Tinubu Will Beat Atiku, Obi by Wide Margin, Says Bwala
Also, Soludo, a member of the APGA has never hidden his desire to work for the re-election of President Tinubu in the January 16, 2027 presidential election. Soludo is Obi’s home state Governor.
Even before the ruling party released the revised campaign list, Wike, a member of the PDP had named himself the campaign coordinator for the FCT. So, it was no surprise that he was drafted into the campaign council of the APC.
Vice President Kashim Shettima would serve as Vice Chairman I, while the National Chairman of the APC, Prof. Nentawe Goshwe Yilwatda is Vice Chairman II. Senate President Godswill Akpabio, House Speaker Tajudeen Abbas and Kwara Governor AbdulRahman AbdulRazaq are Deputy Vice Chairmen.
Former Zamfara State Governor, Senator Abdulaziz Yari remains the Director General of the Campaign Council.
The Deputy Director-Generals of the PCC are: Yobe State Governor, Mai Mala Buni (North I), Senator Opeyemi Bamidele (South I), Deputy Senate President Barau Jibrin (North II), Deputy Speaker Benjamin Kalu (South II), while Senator Adams Oshiomhole will head Mobilization.
Also on the list is the Chief of Staff to the President, Hon. Femi Gbajabiamila who will serve as the Head of Administration, Hon. James Faleke is Deputy Director General in charge of Election Planning, Hon. Ibrahim Masari is in charge of Logistics and Operations, Hon. Aminu Masari heads Parliamentary Mobilisation, and Minister of Works, Engr. David Umahi heads Infrastructure Mobilization and Sensitization.
Imo State Governor, Hope Uzodimma is Secretary of the Council, while Basiru is Deputy Secretary and Hadiza Bala Usman is Assistant Secretary.
The Zonal Campaign Coordinators include Governor Babajide Sanwo-Olu for South-West, Governor Peter Mbah for South-East, Senator Bassey Otu for South-South, Governor Umar Bago for North-Central, Governor Uba Sani for North-West and Senator Ali Modu Sheriff for North-East.
The list also shows state coordinators made up of serving APC governors, past governors, National and State Assembly members and other critical stakeholders.
Key directorates in the council are: Finance/Treasury to be led by Delta State Governor, Sheriff Oborevwori, Fund Raising by Ogun State Governor, Dapo Abiodun, Policy and Manifesto by Minister of Budget and Economic Planning, Atiku Bagudu, and Legal Directorate by Muiz Banire, SAN.
The Directorate of Media and Strategic Communications has Minister of Information, Idris Malagi as Coordinating Director I, while Dele Alake is Presidential Campaign Spokesperson I. Other spokespersons include; Bayo Onanuga, Lere Olayinka, Ajuri Ngelale, Ayobami Oyalowo, Kemi Asekun-Shitu, Bala Ibrahim, Hon. Adamu Fanda and Mohammed Garba.
The Directorate of Security and Intelligence would be headed by Gen. Sarki Yaki, Data Management by Dr. Bisoye Coker, while the Directorate of Support Groups is headed by H.E. Silas Agara.
The party said all members are expected to be present at the inauguration.
Politics
2027: ‘Tinubu Has Done Well’ – Wike Tells Opposition to Speak the Truth
Minister of the Federal Capital Territory, Nyesom Wike, has urged opposition politicians to acknowledge President Bola Tinubu’s performance, insisting that political differences should not prevent them from recognising what he described as the President’s achievements.
Wike made the remarks during his media chat on Tuesday while speaking about the political atmosphere ahead of the 2027 general elections and criticism of the Tinubu administration.
ALSO READ: 2027 Election: Wike Sets Resignation Date If Tinubu Loses Rivers, FCT
He said some politicians publicly support the President at the national level but take a different position at the sub-national level because of their desire to maintain control of their states.
“I know that sometimes, some people will come out publicly, will support you at the national level, but at the sub-national level, forget it,” Wike said.
He added that such politicians believe the President should win at the national level while they retain control of their respective states.
“But this time around I came out open because of the period we are in,” he said.
According to Wike, several politicians have been making statements about the 2027 general elections, with some claiming that Tinubu has done nothing since assuming office.
He argued that opposition parties should not dismiss the President’s performance simply because they want to take over power.
“You have to check the governor of Bauchi, who is a member of PDP, who has a presidential candidate, came out to say, ‘Look at television, that Mr. President has done well,’” he said.
Wike also urged Nigerians to consider the state of the economy before and after Tinubu assumed office.
“See what I was telling you about Bauchi. See what he has done. See what our economy is before, see what it is now,” he said.
The FCT minister maintained that political opposition should not prevent politicians from acknowledging what they consider positive developments in the country.
“You know, time has come, not because you’re an opposition party, and then you just say the man who is the chief of affairs of the country has done nothing either for the sake of, I mean, opposition, that is not fair,” he said.
He further argued that politics should not be treated as a do-or-die affair, adding that the desire to win elections should not prevent political actors from recognising the performance of their opponents.
“For us, and whether anybody likes us or not, Mr. President has done well,” Wike said.
He accused the opposition of focusing on its ambition to take over power while failing to acknowledge the administration’s performance.
“That’s something, it’s just that the opposition wants to take over power,” he said.
Wike added that opposition parties would continue to criticise the administration even if it achieved results, because they wanted to replace it.
“But the way the opposition is going now, it’s a bit of concern to us, who are saying, ‘No, no, no, no, these people are not telling Nigerians the truth,’” he said.
He called on politicians in other parties who believe the opposition is misrepresenting the situation to speak out and offer their own account of events.
“Let those of us who are also in other political parties tell Nigerians, ‘No, this is not truth, this is what is happening, and that what is, you know, going on,’” he said.
Addressing the issue of political loyalties and godfatherism, Wike said people should be willing to acknowledge good work regardless of their party affiliations.
“So, the issue of godson, the issue of whatever you may call it, I don’t, I’m not a, I’m not a party to, to read, but when you see something that will help your country, when you see somebody who is doing good, come out and say it,” he said.
He added: “It doesn’t matter whether you’re in opposition or not.”
Politics
Peter Obi Slams Tinubu Over ₦7.7tn Debt Interest Against ₦6.2tn Revenue
Peter Obi, the 2027 presidential candidate of the Nigeria Democratic Congress (NDC), has criticised President Bola Tinubu’s administration over its debt management, citing figures showing that the Federal Government spent ₦7.7 trillion on debt interest payments against revenue of ₦6.2 trillion in the first half of 2026.
Obi made the criticism in a statement posted on his X account on Monday, October 12, while reacting to a World Bank report titled Beyond the Federal Purse: How Higher Revenues Reshaped State Priorities.
According to Obi, the Federal Government spent ₦7.7 trillion on debt interest payments between January and June 2026, representing approximately 124.2 per cent of its total revenue of ₦6.2 trillion during the same period.
RELATED NEWS: ‘140 Million Nigerians Are Poor Despite Tinubu’s Economic Reforms’ – peter Obi
He said debt interest payments exceeded the government’s revenue by approximately ₦1.5 trillion, questioning how the country could continue to face a debt crisis despite increased revenue.
“How do you explain the unsustainable debt crisis even with exponential increase in revenue that we have had since 2023?” Obi asked.
The former Anambra State governor also expressed concern over a reported reduction of about ₦700 billion in capital expenditure during the first half of the year.
He argued that the government’s spending priorities showed a significant imbalance between debt servicing and investment in capital projects.
“In comparison, the APC led Federal Government spends about 11 times more on interest payment than on capital projects,” he stated.
Obi attributed the situation to what he described as reckless borrowing, corruption and incompetence within the Tinubu administration.
He argued that increased government revenue should not be celebrated without examining how public funds are spent and whether government spending priorities support economic development.
Obi further maintained that the presentation of improved economic indicators should not distract from the country’s debt burden and the impact of government policies on Nigerians.
He said the administration should recognise that economic progress cannot be measured by increased revenue alone, particularly when the government continues to face substantial debt interest obligations.
The NDC presidential candidate also questioned the government’s presentation of economic performance, arguing that economic statistics should reflect the actual impact of reforms rather than serve as a basis for celebrating improvements that have not translated into better living conditions for citizens.
.





