General News
Public Robbers: Nigeria Police Trust Fund Fails to Remit ₦75 Million Stamp Duty, Authorities Fear Funds Have Been Looted
Secrets Reporters
In a recent development within the Nigerian financial body, the Nigerian Police Trust Fund (NPTF) has been called out for the disappearance of tax funds in its office.
According to a federal audit report, a total of sum of seventy five million, three hundred and sixty three thousand, nine hundred and sixty eight naira, six kobo (₦75,363,968.06) was deducted from the various Ministries, Departments and Agencies as stamp duties from the NPTF’s treasury but was never remitted to the Federal Inland Revenue Service(FIRS) which is responsible for collecting and accounting for federal revenues, enforcing tax laws, and supporting national development through effective fiscal systems.
This has sparked a lot of questions and raised brows at the NPTF unit as their was no clear trace or direction to where the money has vanished to.
Stamp Duty: What and Why It Matters
Stamp duty is a form of tax charged on documents, contracts, and certain transactions. Treasury Circular Ref No. TRY A1 & B1/2017, issued on 20 April 2017, mandates all federal Ministries, Departments, and Agencies (MDAs) to deduct 1% stamp duty from contract agreements and remit it directly to the FIRS before disbursing payment to contractors. The rule is aimed at ensuring timely revenue inflows into the national purse and reinforcing monetary discipline across government structures.
The FIRS, charged with enforcing tax laws, collecting revenue, and safeguarding the financial base for national development, relies heavily on compliance by MDAs. Funds from stamp duty, though relatively small on a per-contract basis, accumulate into significant revenue streams when properly managed which in turn supports budget delivery for health, education, security, and infrastructure.
Audit Findings: NPTF’s Strategic Mission Violated
Set up under an Act of Parliament in 2019, the NPTF exists to ensure a sustainable funding model for the Nigeria Police Force. It funds training, welfare, equipment, and infrastructural development of the Nigeria Police Force.
But investigations show that in 2021, while the funds were deducted as stamp duty from multiple contracts, there is no evidence those funds reached the FIRS. Audit investigated payments, contract documents, and bank records which led to them discovering deductions that were made from contractor payments, yet there was no corresponding payment to the national treasury.
The findings showed a clear process disconnect between deduction and remittance, indicating either gross misconduct or intentional withholding of funds by the NPTF.
A Deafening Silence from Management
After several requests from the auditor’s office to the NPTF, there hasn’t been any response from their management till the time of filing this report. Despite clear directives from the auditor’s office, there was no formal response, no internal memos, and no public statement justifying the absence of remittance.
According to the report, the lack of response serves as evidence of severely weakened internal controls and a lack of financial accountability from the NPTF management.
The auditors noted that without any documented justification, management’s silence itself is a failure on the path of the NPTF management. As long as no credible reason is provided, missing funds are tagged as unremitted and subject to immediate recovery.
The auditor warns that the failure to remit the missing funds represents a direct loss of government revenue which is money that should have been used to fund national projects and essential services. It also jeopardizes the government’s ability to meet budgetary targets, especially in a time when oil revenues have become unreliable.
What is even more worrying is the chances that the money was not just forgotten but may have been used for things it was not meant for. Since there are no records and the NPTF management have not said anything about it, the auditor fears the money might have been secretly taken or misused.
In response to the gravity of the situation, the auditors made a set of recommendations that go beyond mere corrections. They urged that the Executive Secretary must be compelled to justify the non-remittance in writing, and more importantly, to ensure the full amount is remitted to the national treasury without further delay.
They also insist that evidence of this remittance must be submitted to the Public Accounts Committees of the National Assembly, a necessary step in ensuring accountability and transparency.
In the audit’s final recommendation, it further stated that if the NPFT fail to comply, it referenced Sections 3112 and 3129 of the Financial Regulations (2009) to be applied to those found guilty.
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.
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