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Senators illegally share N218 million as “holidays” allowance

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Each serving senator received not less than N2 million as allowance before proceeding on seven weeks of vacation.

A senator who requested not to be named because he was not authorised by the upper house to speak on the matter confirmed to PREMIUM TIMES that all the 109 senators were paid the allowance for the holidays, which commenced on Monday and ends on 26 September.

A calculation done by the reporter showed that the senators were paid a total of N218 million, having received N2 million each to enjoy the vacation.

The bank alerts were received by the senators on 8 August, just before the Senate President, Godswill Akpabio, announced it.

Announcing the largesse

Mr Akpabio, on Monday, told the senators that some money had been credited to their accounts to enjoy their holidays.

“In order to enable all of us to enjoy our holidays, a token has been sent to our various accounts by the Clerk of the National Assembly,” he said shortly after screening and confirming the ministerial nominees.

The senate president was immediately informed by his colleagues that he was speaking on live television.

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Upon realising the seriousness of his remarks, he quickly announced its withdrawal and rephrased his statement, saying that the senate president sent prayers to the mailboxes of the senators.

“I withdraw that statement. In order to allow you to enjoy your holiday, the senate president has sent prayers to your mailboxes to assist you to go on a safe journey and return.”

More for presiding officers?

It is not clear if the presiding officers, namely the senate president and the deputy senate president, also got N2 million each going by the difference in salaries and allowances they earn and those of the other senators in the remuneration package approved by the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC).

Also, it is expected that the principal officers would earn higher allowances than their colleagues.

There are eight principal officers, with the majority party, APC, having four and the minority, comprising the six opposition parties, also having four.

The principal officers are the senate leader, deputy senate leader, chief whip and deputy chief whip.

There are also minority leader, deputy minority leader, minority whip and deputy minority whip.

Illegal “token” for senators

The N2 million allowance given to the senators is illegal as no such provision is made in the remuneration package approved by RMAFC, the body authorised by law to prepare salaries and allowances for public servants.

There is also no provision for “token” in the commission’s document, as stated by Mr Akpabio while announcing the largesse to the senators.

The lawmakers are, however, entitled to “recess” allowance under the law, which is 10 per cent of the annual basic salary of each legislator, and is paid once a year.

According to the package prepared by RMAFC, a senator earns N2,026,400 and therefore gets N202,240 as a recess allowance per annum.

The basic salary of the senate president per annum is N2,483,242, and therefore receives N248,424 as recess allowance.

On his part, the deputy senate president earns N2,309,166, and his recess allowance is N230,916.

N70bn “support ” for lawmakers’ working conditions

There are speculations the N2 million each of the senators got was drawn from the N70 billion allocated to the National Assembly in the amended 2022 supplementary budget.

President Bola Tinubu had in June proposed the allocation in the Supplementary budget “to support the working conditions of new members.” It was immediately approved by the lawmakers.

The fresh allocation came despite the huge allocation of N228.1 billion to the National Assembly in the 2023 budget. The figure was an increase of about N59.1 billion from N169 billion proposed by former President Muhammadu Buhari in the budget.

Akpabio’s gaffes and public outrage on Senators

The announcement by Mr Akpabio that senators had been paid “a token” stirred anger and outrage from Nigerians, considering the hardship many are going through as a result of the removal of petroleum subsidy.

Many Nigeriàns have also questioned the ability of the Akpabio-led senate to fight corruption and assist in developing the country’s economy.

But it was not the first time the senate president will make such a gaffe.

Last month, he was filmed on live trivialising “Let The Poor Breathe,” a phrase commonly used to criticise the hardship Nigerians are currently going through.


But in a statement, Mr Akpabio explained it was not intentional to insult the people, adding that he was not unaware of the hardship Nigerians were facing.

He said the motive behind “Let The Poor Breathe” “was to firmly reject any plan of increasing electricity tariffs for Nigerians, considering the ongoing economic challenges that Nigerians are faced with.”

“We are deeply concerned about the negative tilting of a very harmless statement by President of the Senate, Godswill Akpabio, about his deep concern and that of the Senate on the plight of the ordinary Nigerians as a result of the prevailing economic situation in the country,” the statement by the media unit of the office of the Senate president. (Premium Times)

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FULL LIST: US releases identities of Nigerian, firms designated as terrorist financiers

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The United States has designated a Nigerian national and three companies operating in the country as alleged financial facilitators of activities linked to the terrorist group, the Islamic State of Iraq and Syria.

They were designated in the latest action, which targeted a total of three individuals and six entities accused of facilitating the movement of funds for ISIS operations globally.

In a statement issued on Monday and sighted on Tuesday, U.S. Department of State spokesperson, Thomas Pigott, said designations cut across France, Syria, Türkiye, and Nigeria.

He described the network as one that enables ISIS to move money across borders.

“Today’s designations target three individuals and six entities operating across Europe, the Middle East, and West Africa who have enabled ISIS to move money across borders — exposing a network that spans from France and Syria to Türkiye and Nigeria.

“Among those designated is a France-based facilitator who provided information concerning the use of explosives to ISIS supporters, a Syria-based operator who used cryptocurrency to transfer funds on behalf of ISIS associates in multiple countries, including the United States, and a Nigeria-based facilitator whose money exchange businesses served as conduits for ISIS financing,” the statement added.

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In a further update released on Monday, the US released the identities of the three persons and six companies designated.

Apart from the Nigerian national, three of the six designated companies are also from Nigeria, two from Lagos State and one from Kano.

Full List of Specially Designated Nationals (SDN)

ABDELHAKIM, Boukich (a.k.a. “ALHOLANDI, Abu Sulayman”; “BABILI, Muhammad”); Syria; DOB 15 Dec 1993 (alt. 01 Jan 1991); POB The Hague, Netherlands (alt. Aleppo, Syria); nationality Netherlands; male; National ID No. 02040063438 (Syria) [SDGT] (Linked To: ISIS).

ABDERRAHMANE, Miloud (a.k.a. “GHAZI, Ibrahim”); France; DOB Aug 1992; nationality/citizenship France; male; Digital Currency Addresses: TRX TBXMiRqUp1XH1zLazWu8cWitMAScv4HsYq; TRX TDFj8tYzfLDkwEMo4MJ2DfrbpMztuCCnan [SDGT] (Linked To: ISIS).

MUHAMMAD, Mukhtar Adamu (a.k.a. ADAMU, Mukhtar; MUKHTAR, Muhammad); No. 45 Abimbola Street, off Capital Road, Morcas Agege, Lagos State, Nigeria; DOB 02 Aug 1990 (alt. 03 Aug 1990); nationality Nigeria; male; Passport Nos. A11904741; A07422697 [SDGT] (Linked To: ISIS-WEST AFRICA).

ALKARAM DANISMANLIK GAYRIMENKUL IC VE DIS GENEL TICARET LIMITED SIRKETI (a.k.a. AL-KARAM COMPANY; AL-KARAM MONEY TRANSFER COMPANY; SPIDER COMPANY ISTANBUL EXCHANGE RATES); Fatih, Istanbul, Türkiye; [SDGT] (Linked To: ISIS).

BITCOIN EXCHANGE AGENT IDLIB’S NO.1 COIN EXCHANGE (a.k.a. IDLIB NO 1 BTC; NO.1 BITCOIN EXCHANGE AGENT; BITCOIN XCHANGE); Idlib, Salqin, Darkush, Sarmada, Syria; [SDGT] (Linked To: ISIS).

GENERATION CURRENCY BUREAU DE CHANGE LIMITED; Lagos, Nigeria; RC 1555604; [SDGT] (Linked To: Mukhtar Adamu / ISIS network).

MANHATTAN BUREAU DE CHANGE LIMITED; No. 59 Murtala Mohammed Way, Wapa, Kano, Nigeria; RC 1763824; [SDGT] (Linked To: Mukhtar Adamu / ISIS network).

NINE TO NINE EXCHANGE BUREAU DE CHANGE LIMITED; Ikeja, Lagos State, Nigeria; RC 1462752; [SDGT] (Linked To: Mukhtar Adamu / ISIS network).

SPIDER GAYRIMENKUL VE GENEL TICARET LIMITED SIRKETI (a.k.a. SPIDER MONEY TRANSFER COMPANY; SPIDER TICARET); Istanbul, Türkiye; [SDGT] (Linked To: ISIS).

The U.S. reaffirmed its “strong partnership with Nigeria,” which joined the United States in the May 16, 2026, operation that resulted in the killing of Abu-Bilal al-Minuki, described as the number two official in ISIS.

Pigott said the United States would continue to apply diplomatic and legal measures against ISIS and its supporters worldwide.

“We will continue to use every diplomatic and legal tool available to hold ISIS and its supporters accountable — wherever they operate and however they move money. We remain fully committed to protecting American lives, defending religious minorities, and working with international partners to eliminate the threat that ISIS poses to global peace and security,” he said.

The action, according to the statement, was taken under Executive Order 13224, as amended.

It also noted that ISIS, formerly known as al-Qa’ida in Iraq, was designated a Specially Designated Global Terrorist (SDGT) organisation in 2004. (PUNCH)

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Former Kebbi APC Chairman dies in kidnappers’ custody

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Alhaji Muhammadu Mai Barga Besse [Right], former Chairman of the All Progressives Congress (APC) in Koko/Besse Local Government Area of Kebbi State, died while in kidnappers’ den

Alhaji Muhammadu Mai Barga Besse, the immediate past Chairman of the All Progressives Congress (APC) in Koko/Besse Local Government Area of Kebbi State, has tragically died while in captivity after being abducted by bandits earlier in June 2026.

He was held alongside another captive, identified as Yahya, in the notorious Birnin Gwari forest in North-West Nigeria—a region long plagued by banditry and violent criminal activity.

A disturbing video circulated widely on social media showed Besse and Yahya pleading desperately for help.

In the footage, Besse confirmed his past role as APC Chairman but clarified that he no longer held the position.

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Both men appeared visibly frail and weak, lamenting their deteriorating health conditions.

They appealed to relatives, community leaders, and government authorities to intervene and secure their release.

The video sparked outrage and sympathy across Nigeria, drawing attention to the vulnerability of even prominent figures in the face of unchecked banditry.

On June 23, 2026, reports confirmed that both captives—Besse and Yahya—had died in the kidnappers’ den.

Their deaths have left families, political associates, and the wider community devastated.

The incident has reignited debates about the government’s handling of security in Kebbi State and across Nigeria’s North-West.

The tragedy underscores the deepening insecurity in Nigeria’s North-West, where bandit groups continue to terrorize communities through abductions, extortion, and killings.

It highlights the failure of negotiation and ransom-driven approaches, which often embolden criminal gangs rather than deter them.

Analysts warn that the incident is a stark reminder of the urgent need for comprehensive security reforms, stronger intelligence gathering, and coordinated military action.

Community leaders have called for decisive government intervention.

They stressed that the persistence of such crimes erodes public trust in governance and threatens national stability.

A Kebbi State official expressed grief in a heartfelt statement:

“I have received the heartbreaking news that one of the victims abducted by bandits, a former APC Chairman of Koko/Besse Local Government, has sadly passed away while in the hands of his captors.

“I extend my deepest condolences to his family, relatives, friends, and all those affected by this painful loss.

“May Almighty Allah forgive his shortcomings, shower His infinite mercy upon him, and grant him Aljannatul Firdaus.

“May Allah also comfort his family and grant them the strength to bear this difficult loss.”

The official further prayed for an end to the persistent insecurity troubling Kebbi State and Nigeria as a whole.

He urged for lasting peace, safety, and stability in affected communities.

The death of Alhaji Muhammadu Mai Barga Besse and his associate Yahya in captivity has sparked outrage and renewed calls for urgent solutions to Nigeria’s worsening insecurity.

Their passing is a grim reminder of the human toll of banditry, the fragility of life under such conditions, and the pressing need for decisive action to restore peace and stability in Kebbi State and across Nigeria.

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Petrol depot prices fall in Lagos as Dangote holds firm

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Fuel price rises to N750.17 per litre – NBS
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…Rain Oil leads cuts with N18/litre reduction

…Diesel prices crash by up to N70/litre

Depot prices of Premium Motor Spirit (PMS), commonly known as petrol, eased across several terminals in Lagos yesterday  as petroleum marketers adjusted prices amid shifting supply dynamics in Nigeria’s downstream oil market.

The latest market data showed a broad-based decline in Lagos, with most major depots reducing their ex-depot prices by between N1 and N18 per litre, while diesel prices recorded even steeper reductions in some locations.

The price movement comes as competition among petroleum product suppliers continues to influence market pricing, particularly with increased domestic refining capacity.

The Dangote Refinery remained relatively stable, with its Lagos PMS price inching up marginally from N1,175 per litre to N1,176 per litre, a difference of just N1.

However, several other terminals reduced prices. Rain Oil recorded the biggest cut among Lagos depots, lowering its petrol price by N18 from N1,180 to N1,162 per litre.

A.A Rano also reduced its price from N1,165 to N1,161 per litre, while AIPEC and Bono moved down from N1,165 to N1,160 per litre.

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NIPCO cut its PMS price by N4 from N1,165 to N1,161 per litre, while AITEO adjusted slightly downward from N1,161 to N1,160 per litre.

Other terminals including Masters, Matrix, Sigmund and T.S.L also recorded declines, reinforcing the downward trend in the Lagos depot market.

Masters reduced petrol from N1,203 to N1,197 per litre, Matrix moved from N1,205 to N1,197 per litre, while Sigmund and T.S.L adjusted their prices from N1,200 to N1,195 per litre.

Despite the general decline in Lagos, some terminals in other regions recorded increases, reflecting regional supply and logistics differences. In Port Harcourt, Africanterminal raised its PMS price from N1,495 to N1,505 per litre, while Duport increased from N1,490 to N1,505 per litre.

Gulftreasure and T.Time were quoted at N1,505 per litre, while Dangote’s Port Harcourt terminal recorded a slight reduction from N1,501 to N1,500 per litre.

The diesel market recorded a more significant shift, particularly in Port Harcourt, where prices fell sharply at some depots.  Matrix reduced automotive gas oil (AGO) from N1,630 to N1,560 per litre, representing a N70 drop, while Sigmund cut its diesel price by N68 from N1,628 to N1,560 per litre.

In Lagos, AGO prices also softened at some terminals, with Matrix reducing diesel from N1,630 to N1,560 per litre, while Sigmund moved from N1,628 to N1,560 per litre.

Meanwhile, Calabar recorded a slight upward movement in petrol prices. Mainland depot increased PMS from N1,187 to N1,190 per litre, while Northwest moved from N1,190 to N1,195 per litre.

The Chief Executive officer, Petroleumprice.com, Olatide Jeremiah, said the latest adjustments highlight the increasingly competitive nature of Nigeria’s petroleum products market, where local refining output, depot inventories and transportation costs continue to determine price movements.

He said: “With more domestic supply entering the market, especially from major refining facilities, marketers are expected to continue reviewing depot prices in response to changing supply conditions.

“The immediate impact on consumers will depend on how quickly the reductions at depot level translate into retail pump prices, as marketers factor in haulage expenses, operating costs and profit margins.” (Vanguard)

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