Politics
I Auctioned Recovered Vehicles To Presidential Villa, Ministries-Magu
The suspended acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, says some of the vehicles recovered by the EFCC were auctioned to the Presidential Villa, the Ministry of Humanitarian Affairs, Disaster Management and Social Development as well as the Federal Inland Revenue Services and other agencies.
He further stated that some of these agencies had not paid for the vehicles but there was an arrangement that the money would be deducted from their financial allocation.
Magu, in a letter addressed to the Justice Ayo Salami-led panel titled, ‘Re: Alleged Case of Conspiracy, Enrichment, Abuse of Public Office and Other Infractions,’ explained how some of the recovered vehicles were auctioned.
The letter was in response to an earlier report by the Presidential Committee on Audit of Recovered Assets in which Magu was accused of being unable to account for the interest accrued to N550bn recovered funds as well as recovered vehicles and houses.
In his response to the allegations of being unable to account for recovered vehicles, Magu stated, “On allocation of vehicles to some government agencies through special auction with presidential approval. The beneficiary agencies are: the Ministry of Humanitarian Affairs and Disaster Management of which the valued price is to be debited from their allocation; State House, National Commission for Refugees and Displaced Persons; Federal Inland Revenue Service and National Directorate of Employment.”
The suspended EFCC boss said about 450 other vehicles, which had been recovered, had yet to be sold despite receiving presidential approval to do so.
“The commission presently has presidential approval to dispose over 450 forfeited vehicles located in Lagos and Abuja. The vehicles have been valued by the National Automotive Council Valuers and the Federal Ministry of Works and Housing. But no sale/disposal has been conducted yet,” Magu stated.
He said some of the houses permanently forfeited to the Federal Government by looters had also been handed over to some government agencies like the Voice of Nigeria, North -East Development Commission and the Pension Transitional Arrangement Directorate.
The suspended EFCC boss explained that some other properties, which had been forfeited pending the outcome of court cases, were being rented by the Federal Ministry of Finance, the Nigerian Army and other agencies of government.
The letter further read, “Real properties finally forfeited to the Federal Government of Nigeria and allocated to some agencies for official use in line with the Presidential approval are: Voice of Nigeria, National Directorate of Employment, Ministry of Humanitarian Affairs and Disaster Management, North East Development Commission and Pension Transitional Arrangement Directorate.
“Properties under interim forfeiture order are rented by the following government agencies: Nigerian Army, Federal Ministry of Finance, Fiscal Responsibility Commission, Nigerians in Diaspora Commission and Federal Airports Authority of Nigeria.
“Other agencies of government that have approached the commission to rent properties under interim forfeiture order include: National Human Rights Commission and National Council for Arts and culture.”
Magu said the commission also temporarily handed over property in Lagos to the Lagos State Government for use as isolation centres for COVID-19 patients.
The suspended EFCC boss attached photographs of some of the recovered assets to the letter he addressed to the panel.
However, it was learnt that an attempt by Magu’s lawyer, Wahab Shittu, to submit the letter to the panel on Monday was rebuffed.
The panel was said to have insisted that there was no basis for the letter and informed Shittu that Magu would be summoned if there was a need for clarification.
“An attempt to submit the letter to the secretary of the panel on Monday failed. Magu’s team was informed that the panel does not entertain letters but it is purely an investigative one. If there is a need for clarification, Magu would be invited,” a source said.
Magu’s lawyer did not respond to calls on Tuesday evening.
The Rivers State House of Assembly, led by Speaker Martin Amaewhule, has initiated impeachment proceedings against Governor Siminalayi Fubara and Deputy Ngozi Odu, issuing them a seven-day notice to respond to allegations of gross misconduct.
The Assembly cited eight specific allegations of gross misconduct as the basis for the move.
This is the third time Fubara and Odu would be facing impeachment proceedings from the Assembly since coming to office in 2023.
Attempts to impeach them in 2023 and 2025, amid political feuds between the Governor and his predecessor and erstwhile political god-father, now Minister of the Federal Capital Territory (FCT), Nyesom Wike, had been halted by presidential intervention.
Here are the allegations below:
1. Reckless and unconstitutional expenditure of public funds
2. Unconstitutional misappropriation of public funds
3. Hindering the Rivers Assembly from performing its constitutional duties
4. Illegal appointments of persons without screening by the House of Assembly as provided by the Constitution
5. Seizure of salaries and funds meant for Assembly members
6. Seizure of salaries of the clerk of the Rivers House of Assembly, Emeka Amadi
7. Refusal to implement provisions of the Constitution on financial autonomy of the legislature and the judiciary
8. Withholding of funds meant for the running of the Rivers House of Assembly Service Commission and hindering its activities
Lilian Adebayo, the wife of the 2023 presidential candidate of the Social Democratic Party, has said that the party will unseat the ruling All Progressive Party at the 2027 election if Nigerians are true to themselves.
Mrs Adebayo made this assertion known on Wednesday during an interview with journalists after an event in Abuja.
According to her, the opposition party has overcome its crisis after the expulsion of its former chairman, Shehu Gabam and others.
She said Nigerians should vote the APC out in the 2027 general election due to the hardship the party has plunged citizens into.
“There is always a crisis in the party; the SPD has been able to handle its own. The problems in the party have been resolved.
“He has a great chance of winning the election if Nigerians are honest with themselves. If Nigerians think that the ones they consistently vote for would move the country forward, they live in denial,” she concerning the husband.
Recall that SDP recently expelled Gabam and other party executives.
The party’s state chairmen on Wednesday urged the Economic and Financial Crimes Commission and the police to investigate Gabam over alleged misappropriation.
In a significant political move, Enugu State Governor Peter Mbah officially defected from the Peoples Democratic Party (PDP) to the All Progressives Congress (APC) on Tuesday, October 14, 2025.
Mbah announced his decision during a televised broadcast in Enugu after weeks of speculation.
He said, “Today, after a long reflection, we have made the decision to leave the Peoples Democratic Party and join the All Progressives Congress.”
Mbah explained that his decision to join the PDP was informed by the need to reshape Enugu and reorganise the politics of the state.
“Today, I stand before you to announce a break from the past and to share a decision that will shape the road ahead. This concerns our values, how we organize ourselves politically and how we secure the future of our project and our people.
“Leadership sometimes demands painful decisions in the service of higher principles and goals. And there comes a time, when everyone must make a bold choice to determine their destiny.”
Ahead of the governor’s defection, all members of his cabinet had on joined the ruling party.
Governor Mbah’s Senior Media Aide, Dan Nwomeh, confirmed the mass defection in a video posted on his social media handles on Monday. In the video, several government officials were seen openly declaring their allegiance to the APC, chanting praises for President Bola Tinubu and affirming their commitment to the new party.
“Enugu State Cabinet Members join the APC with full chest along with Governor PN Mbah,” Nwomeh stated.
The officials, including commissioners and top aides, could be heard in the video declaring, “We are now in APC; tomorrow is here; it is APC all the way; it is Jagaban all the way; from top to bottom.”
The collective defection marks a significant political shift in Enugu State, which has been a PDP stronghold since 1999.
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