General News
STRONG ADVOCACY WILL LEND GREATER SUPPORT TO DEBT MANAGEMENT – SENATE
The Senate has stressed that with more advocacy on the issue of debt management and servicing, Nigerians will be better placed to lend their support to government’s effort in raising funds from the capital and bonds’ market for development purposes.
The chairman, Senate Committee on Local and Foreign Debts, Senater Shehu Sani, made this known at a three-day retreat organised for members of the committee by the Debt Management Office in Minna, Niger State on Thursday.
Sani said that if there was aggressive advocacy on what such debts were taken for, Nigerians would support such initiative aimed at driving development and engendering development.
According to him, it was imperative for the DMO to develop a framework in the major languages in the country to get the citizens to understand why debts are taken, for what purpose and what the society stands to benefit from such borrowing.
“There is need for strategy mix anchored on proper advocacy on what debt management is all about. Nigerians want to know why governments borrow, to what purpose such debts are taken and I can say that once it is well explained, the people will key into the programme.
“I therefore hope that the DMO will rev up its advocacy especially in the major languages because a whole lot of Nigerians don’t seem to understand why their states governments will take loans and they cannot see why the loan was taken in the first instance.”
Speaking further, Sani said “debt is a veritable tool for economic growth and development if properly managed. I also believe that an effective debt management that emphasizes transparency due process, and fiscal discipline can precipitate a turnaround in the economy.”
According to him, the Senate will look at the DMO Act to amend it to meet the realities of the present economic situation, noting that the legislature should be involved in the negotiations of loans as it will not only enhance their capacity but offer a clear insight into the terms and conditions of such loans.
Also, a member of the committee, Senator Sani Yerima, said there was need for greater collaboration between the National Assembly and the executive so that Nigerians can stand to reap the benefits of borrowed funds.
Yerima said loans help to fast track development, employment generation and helps government to bridge the funding gap but decried a situation of arbitrary borrowing by states without a ceiling.
“As governor we had caps to what we could borrow. But today states borrow arbitrarily and leave debts that will be repaid for the next 3- to 40 years. The National Assembly will work closely with the DMO to develop a framework on this matter,” he said.
In his remarks, Dr. Abraham Nwankwo, Director General of the DMO, said the workshop with the theme; Processes and Procedures for External and Domestic Borrowing and Settlement, has become imperative given the funding of the 2016 budget from loans.
According to Nwankwo, the federal government does not just borrow for borrowing sake but to address the challenge of development and infrastructure growth.
He explained that the workshop is to not only keep the lawmakers abreast of developments in the Nigerian debt sector but to get their buy-ins in the DMO’s drive to seek for funding from the capital market.
The DMO boss also said that states have not been barred from raising funds rather that the National Economic Council was against borrowing from commercial banks but supports states seeking for capital from bonds, which is cheaper and more sustainable in the long run.
General News
Army Builds Schools, Town Halls as Questions Grow Over Nigeria’s Deepening Security Crisis
Secrets Reporters
As Nigeria continues to battle kidnappings, banditry, insurgency and violent attacks across several states, the Nigerian Army has shifted part of its public engagement toward community development, unveiling schools, town halls, boreholes and other infrastructure under its Civil-Military Cooperation (CIMIC) programme.
The Army says it has now completed more than 250 intervention projects nationwide, including schools, hospitals, roads, ICT centres, solar-powered facilities and water projects. The announcement came during the 163rd Nigerian Army Day Celebration (NADCEL 2026) in Rivers State, where Chief of Army Staff, Lieutenant General Waidi Shaibu, commissioned four new projects across the state’s three senatorial districts.
According to SecretsReporters‘ analysis, the Army’s expanding role in providing public infrastructure reflects a significant evolution in its relationship with civilians. While such interventions may improve public goodwill, they also expose a difficult reality: many communities are celebrating projects that ordinarily fall within the constitutional responsibilities of local, state and federal government institutions.
SecretsReporters further observes that although schools, boreholes and community halls can improve the lives of residents, they cannot replace the primary expectation Nigerians have of the military protecting lives, securing communities and restoring confidence in areas where criminal violence has become routine. Across many parts of the country, citizens continue to measure security agencies not by the number of projects commissioned but by whether they can travel safely, farm without fear and sleep without the threat of attacks.
The four projects commissioned in Rivers include the renovation of Community Secondary School, Obio/Akpor, Community Secondary School in Lueku, Khana Local Government Area, the reconstruction of a Community Town Hall in Oyigbo Local Government Area and the installation of a solar-powered borehole in Degema Local Government Area.
Speaking during the commissioning, Lieutenant General Shaibu said the projects demonstrate the Army’s commitment to complementing military operations with initiatives that directly improve the lives of citizens. He argued that lasting national security cannot be achieved through military action alone and described the Army’s Civil-Military Cooperation programme as a strategic platform for building confidence between soldiers and host communities.
The Army Chief disclosed that more than 250 intervention projects have now been completed across Nigeria, covering hospitals, classroom blocks, roads, ICT centers, solar lighting systems and water supply facilities. He urged benefiting communities to protect the projects and acknowledged President Bola Ahmed Tinubu for supporting the Army’s operational activities.
Earlier, the Chief of Civil-Military Affairs, Major General Musa Etsu-Ndagi, said the Rivers projects were deliberately distributed across the state’s three senatorial districts to ensure wider community impact.
Chairman of Obio/Akpor Local Government Area, Honourable Gift Worlu, welcomed the intervention, describing the renovated schools as a boost to education within the council.
For SecretsReporters, however, the larger issue extends beyond the ribbon-cutting ceremony. The growing visibility of military-led community projects raises broader questions about governance, institutional boundaries and public accountability. While civil-military cooperation is recognized globally as a tool for strengthening trust between armed forces and civilians, it is not designed to substitute for effective governance or diminish the military’s constitutional responsibility to defend the country.
The latest intervention also comes at a time when security remains one of Nigeria’s most pressing national concerns. In several parts of the country, communities continue to experience attacks by armed groups, while thousands of citizens have been displaced and economic activities disrupted by persistent insecurity.
General News
Emem Usoro Scandal: Journalist Stanley Ugagbe Remanded in Kuje Prison Over Cybercrime Charges
Secrets Reporters
Journalist Stanley Ugagbe has been remanded at the Kuje Correctional Centre by the Federal High Court in Abuja following his arraignment on a six-count charge filed by the Inspector-General of Police over publications concerning the Deputy Governor of the Central Bank of Nigeria (CBN), Emem Usoro.
Ugagbe was arraigned before Justice Salim Olasupo Ibrahim on Monday morning, where the charges were read to him. Following the proceedings, the court ordered that he be remanded in the Kuje Correctional Centre and adjourned the case until September 21st for trial.
The development marks the latest chapter in a case that has drawn attention from journalists and press freedom advocates nationally and internationally following Ugagbe’s arrest and detention by the Nigeria Police Force.
The charges stem from criminal proceedings instituted by the Inspector-General of Police before the Federal High Court in Abuja, accusing Ugagbe and Fejiro Oliver of conspiracy, cyberstalking and defamation arising from a series of reports titled “Exclusive: CBN Deputy Governor Emem Nnana Usoro Hides N1.4 Billion California Luxury Condo in Asset Declaration Scandal – Part 1”; “EXCLUSIVE: CBN Deputy Governor Emem Usoro Linked to N3.6bn Los Angeles Property Amid Questions Over Asset Declaration Compliance (Part 2)” published on SecretsReporters.
According to the charge sheet, the prosecution alleged that the defendants conspired to commit cyberstalking contrary to the Cybercrimes (Prohibition, Prevention, etc.) Act, 2015 (as amended in 2024). The police further accused Ugagbe of publishing stories alleging that the CBN deputy governor concealed a luxury property in California in her asset declaration, was linked to a multi-billion naira property in Los Angeles, and published another report concerning her personal life. The prosecution contended that the publications were false and constituted cyberstalking and defamation under the Cybercrimes Act and the Penal Code.
With the court now ordering his remand at the Kuje Correctional Centre, Ugagbe will remain in custody pending the next hearing, which has been fixed for September. The court is expected to consider issues relating to his bail and continue proceedings on the substantive charges at the adjourned date.
Recall that Ugagbe’s ordeal began on July 1, 2026, when armed men reportedly abducted him on his way home from work. The operatives confiscated his mobile phones and laptop before taking him away in an unmarked vehicle. For several days, neither his family nor his employer knew his whereabouts.
His disappearance sparked widespread condemnation from media organizations, including the Nigeria Union of Journalists (NUJ), which demanded that security agencies disclose his whereabouts, grant him access to his family and legal representatives, and either charge him before a competent court or release him.
International organizations also reacted. The Committee to Protect Journalists (CPJ) called on Nigerian authorities to investigate his disappearance and ensure his immediate safety, while the International Press Institute (IPI Nigeria) intervened in efforts that eventually led to his release from police custody.
Following his release on July 6, Ugagbe was granted bail while police reportedly continued investigating allegations, including espionage, cyberstalking, and other computer-related offences.
General News
ICPC Probes News Agency of Nigeria Over Alleged Recruitment Irregularities After Secrets Reporters Expose
SecretsReporters
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has commenced an investigation into alleged recruitment irregularities at the News Agency of Nigeria (NAN), seeking records relating to the agency’s employment and staff regularisation exercises conducted between 2024 and 2026.
The development comes days after SecretsReporters publication, titled “Alleged Sexual Harassment, Recruitment Controversy Rock News Agency of Nigeria as Female Employee Questions Grade Level Placement”.
The anti-corruption agency has formally requested a comprehensive range of recruitment and personnel records from NAN as part of an ongoing investigation into possible violations of the Corrupt Practices and Other Related Offences Act, 2000.
In a letter dated July 6, 2026, and addressed to the Managing Director/Chief Executive Officer of NAN, the ICPC directed the agency to produce the requested documents and designate a competent officer to appear before investigators at the Commission’s headquarters in Abuja.
The letter, signed by the Director of Operations on behalf of the Chairman of the ICPC, stated that the request was made pursuant to Section 38 of the Corrupt Practices and Other Related Offences Act, 2000, which empowers the Commission to obtain documents and information required for the purpose of investigations.
According to the letter, investigators requested all records relating to NAN’s recruitment and staff regularisation exercises between 2024 and 2026.
The Commission specifically requested recruitment advertisements, eligibility and selection criteria, lists of shortlisted applicants, names of successful candidates, and minutes of meetings of committees involved in the recruitment process.
The ICPC also requested the personnel file of Ogunola Folashade Adunni, together with any additional information that could assist investigators in determining whether due process was followed during the recruitment exercise.
Part of the letter reads: “This Commission is investigating an alleged violation of the Corrupt Practices and Other Related Offences Act, 2000 and it has become necessary to obtain certain documents/information from your office.”
It further directed NAN to ensure that a competent officer appeared before investigators with all relevant recruitment and personnel records requested by the Commission.
-
STRAY BULLET10 years agoYOU ARE A THIEF SO YOU CAN’T PROBE A THIEF: ANOTHER UK NEWSPAPER WRITES BUHARI
-
General News10 years agoPREACH AND DIE: FOR DARING EARLY MORNING PREACHING IN ABUJA, MUSLIMS HACK TWO PASTORS TO DEATH
-
General News9 years agoBREAKING: TYRANNICAL NIGERIA PRESIDENT, MUHAMMADU BUHARI DIES IN LONDON HOSPITAL, BUT PRESIDENCY KEEPS SEALED LIPS
-
SPECIAL REPORT10 years agoMISS ANAMBRA CUCUMBER SAGA: HOW ANAMBRA BROADCASTING SERVICE DIRECTOR, UCHE NWORAH LEAKED SEX VIDEO TO THE PUBLIC FOR HER REFUSAL TO CONTINUE SEXUAL AFFAIR WITH HIM (PART ONE)
-
SPECIAL REPORT10 years agoEXCLUSIVE: HOW STEPHEN KESHI AND WIFE WERE KILLED BY HIS OWN BROTHER
-
SPECIAL REPORT9 years agoPOWER GAME ALMOST OVER: OSINBAJO UNDER PRESSURE TO HAND OVER TO SARAKI AS VP IN ANTICIPATION OF THE UNKNOWN
-
STRAY BULLET10 years agoDESPITE HUNGER IN NIGERIA, BUHARI ALLEGEDLY DONATES 500 MILLION DOLLARS TO HILARY CLINTON’S FAILED PRESIDENTIAL ELECTIONS AS NIGERIANS PRESSURE HIM TO CONGRATULATE TRUMP
-
SPECIAL REPORT10 years agoEAR INFECTION SCAM: BUHARI JETS TO LONDON TO SECRETLY NEGOTIATE WITH NIGER DELTA AVENGERS
