News
HEDA Urges EFCC To Prosecute Accomplices In N109bn Accountant General Fraud
Following the alleged financial fraud of N109bn hanging on the neck of the suspended Accountant-General of the Federation, Idris Ahmed, and other suspected partners in crime, the Human & Environmental Development Agenda (HEDA Resource Centre) has written the Economic & Financial Crimes Commission (EFCC) to as a matter of urgency commence criminal prosecution against all accomplices of the fraud.
In a letter signed by HEDA’s Chairman, Olanrewaju Suraju, and addressed to Executive Chairman of EFCC, Mr. Abdulrasheed Bawa, the anti-corruption group anchored its request on the revelation made by the first prosecution witness, Hayatudeen Ahmed (an operative of the EFCC) who investigated the allegations against the Defendants and informed the Court amongst others that some figures amounting to N94.39 billion was paid into the second defendant’s bank account.
The EFCC Operative (Hayatudeen Ahmed) who bore the witness maintained that the second defendant allegedly distributed the money between a former Deputy Governor of Abia State and Commissioner with the Revenue Mobilization Allocation and Fiscal Commission (RMAFC) who was given N18.8 billion; the Commissioners of Finance in the 9 oil-producing states were given N21.4 billion amongst others.
It is noteworthy that the money were converted to the US dollars before it was handed over to the beneficiaries.
“As a leading Anti-Corruption Organization and Non-partisan Human Rights and Development league with the mandate to protect and promote universally recognized human rights, public accountability, transparency and environmental justice in Nigeria and Africa, in accordance with International best standards, we urge EFCC to commence deeper investigations and criminal prosecution of all Nine (9) Commissioners of finance in the 9 oil producing states in Nigeria and others actors involved in the alleged N109 billion fraud and conspiracy perpetrated by the suspended Accountant-General of the Federation; Mr Idris Ahmed.
“These monies was meant to alleviate the sufferings, pains, environmental hazards and poverty of the oil producing states but brazenly diverted by those entrusted to represent their interests. This singular action has impoverish the Nigerian citizens in those areas at this critical period. These sadists should never be allowed to go scot- free,” he stressed.
He reiterated HEDA’s commitment to stamp out corruption, promote good governance across board, ensure sound administration and prudent management of public resources and advance the course of environmental justice for the benefit of every Nigerian in line with its mandate.
News
Rivers Assembly Formally Serves Impeachment Notice To Gov. Fubara
The Rivers State House of Assembly has formally served an impeachment notice to Governor Siminalayi Fubara and Deputy Governor Ngozi Odu.
The move marks the third major attempt to remove the governor since 2023, following his return to office in September 2025 after a six-month state of emergency.
Recall that the assembly on Thursday during an emergency plenary, commenced the impeachment of the governor and his deputy.
26 members of the House accused the governor of misconduct, capable of undermining democracy in the state.
The notice which was addressed to the governor, contained the signature of at least 19 lawmakers.
The notice also contained about 8 alleged gross misconducts by the governor and his administration.
In a post on its official Facebook page,the assembly said, “The impeachment notice has been successfully served on the Governor of Rivers State, Siminalayi Fubara”.

News
NCC, CBN Set To Roll Out Refund Framework For Failed Airtime And Data Transactions
In line with the consumer-focused objectives of the Nigerian Communications Commission (NCC) and the Central Bank of Nigeria (CBN), the two regulators have drawn up a framework to address consumer complaints arising from unsuccessful airtime and data transactions during network downtimes, system glitches, or human input errors.
The framework is the outcome of several months of engagements involving the NCC, the CBN, Mobile Network Operators (MNOs), Value Added Service (VAS) providers, Deposit Money Banks (DMBs), and other relevant stakeholders. These engagements were prompted by a rising incidence of failed airtime and data purchases, where subscribers were debited without receiving value and experienced delays in resolution.
The Framework represents a unified position by both the telecommunications and financial sectors on addressing such complaints. It identifies and tackles the root causes of failed airtime and data transactions, including instances where bank accounts are debited without successful delivery of services. It also prescribes an enforceable Service Level Agreement (SLA) for MNOs and DMBs, clearly outlining the roles and responsibilities of each stakeholder in the transaction and resolution process.
Under the new framework, where a purchaser is debited but fails to receive value for airtime or data—whether the failure occurs at the bank level or with an NCC licensee—the purchaser is entitled to a refund within 30 seconds, except in circumstances where the transaction remains pending, of which the refund can take up to 24 hours.
The framework further mandates operators to notify consumers via SMS of the success or failure of every transaction. It also addresses erroneous recharges to ported lines, incorrect airtime or data purchases, and instances where transactions are made to the wrong phone number.
Speaking on the development, the Director of Consumer Affairs at the NCC, Mrs. Freda Bruce-Bennett disclosed that the framework also establishes a Central Monitoring Dashboard to be jointly hosted by the NCC and the CBN. According to her, the dashboard will enable both regulators to monitor failures, the responsible party, refunds, and track SLA breaches in real time.
“Failed top-ups rank among the top three consumer complaints, and in line with our commitment to addressing these priority issues, we were determined to resolve it within the shortest possible time,” she said.
“We are grateful to all stakeholders—particularly the Central Bank of Nigeria and its leadership—for their tireless commitment to resolving this issue and arriving at this framework, and for ensuring that consumers of telecommunications services receive full value for their purchases.
“So far, pending the approval of management of both regulators on the framework, MNOs and banks have collectively made refunds of over N10 billion to customers for failed transactions.”
Mrs. Bruce-Bennett further noted that implementation of the framework is expected to commence on March 1, 2026, once the two regulators have made final approvals, and technical integration by all MNOs, VAS providers and DMBs is concluded.
News
PRESIDENT TINUBU HAILS NRS CHAIRMAN, ZACCH ADEDEJI, ON HIS BIRTHDAY
President Bola Tinubu congratulates Dr Zacch Adedeji, the Chairman of the Nigeria Revenue Service, on his birthday.
President Tinubu commends Adedeji’s sterling leadership of the 83-year-old revenue agency, the introduction of fresh ideas, the adoption of global best practices, the automation of systems, and the upskilling of staff members for the greater good of the nation.
“I salute the NRS Chairman for his visionary and charismatic dedication in restructuring, aligning and managing the revenue profile of the country.
“He recorded a historic achievement, meeting the budget targets in the Third Quarter of 2025, and stimulating the economy for prosperity.
“Zacch has also been instrumental in the adoption of the National Single Window, a transformative federal digital platform to streamline import and export processes, enhance transparency and reduce cargo clearance from 21 days to one week,” the President remarks.
Dr Adedeji previously served as a senior member of Procter & Gamble’s management team, as Commissioner of Finance for Oyo State, and as Executive Secretary of the National Sugar Development Council, where he established the National Sugar Institute.
He also served as Special Adviser to the President on Revenue before being appointed as FIRS chairman in September 2023.
The President prays that the Almighty God will grant the NRS Chairman more years of good health, wisdom and strength to keep serving the nation.
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