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FG directs MDAs in states to stop operating accounts with commercial banks

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The federal government has directed Federal Pay Officers (FPOs) across the country to ensure that Ministries, Departments, and Agencies (MDAs) in the states strictly comply with the Treasury Single Account (TSA) policy by not operating accounts with commercial banks or circumventing its provisions.

The Accountant General of the Federation (AGF), Dr. Oluwatoyin Madein, issued this directive during a working visit to the Federal Pay Office in Benin, Edo State, as part of her ongoing nationwide tour to assess the operations and challenges of FPOs.

A statement from the Office of the Accountant General of the Federation (OAGF), signed by the Director of Press and Public Relations, Bawa Mokwa, said that MDAs must adhere strictly to the TSA framework. 

Dr. Madein reiterated that any MDA seeking to operate an account with a commercial bank must obtain direct approval from the President, which must be communicated through the AGF based on established guidelines.

To enforce compliance, she mandated FPOs to uphold transparency, dedication, and professionalism in their duties. As representatives of the OAGF, she urged them to maintain high ethical standards and avoid any actions that could undermine the credibility of the Federal Treasury.

Dr. Madein also stressed the importance of accurate financial records, warning that inefficiency could be perceived if records do not meet the required standards. She assured that officials from the Treasury headquarters would conduct regular inspections of FPOs to ensure compliance.

Additionally, she stressed the need for FPOs to be well-versed in financial regulations, including the Constitution, Financial Regulations, and the Public Procurement Act, to enhance their effectiveness.

Recognizing the operational challenges faced by FPOs, Dr. Madein disclosed that the federal government is constructing new office buildings in some states to provide permanent solutions to accommodation issues. She reaffirmed the OAGF’s commitment to prioritizing the welfare and well-being of FPO staff.

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Nationwide School- Closure Message is Fake – FG

“The information did not originate from the Federal Government, the Federal Ministry of Education, any State Ministry of Education or any recognised security agency.”

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The Federal Ministry of Education says that a message currently circulating on social media platforms, alleging that schools nationwide have been directed to close from 24th November 2025, is false and misleading.

Folasade Boriowo Director, Press & Public Relations, in a statement on Saturday, urged public to disregard the fake news , emphasising : “The information did not originate from the Federal Government, the Federal Ministry of Education, any State Ministry of Education or any recognised security agency.”

The statement reads:

” The public is strongly advised to rely strictly on verified information issued through the following official channels:

The Federal Government, the Federal Ministry of Education; State Governments and State Ministries of Education including recognised security agencies.

Any announcement, advisory, or notice coming from unofficial or unverified sources should be ignored and not shared.

Members of the public are urged to always verify the authenticity of information before circulating it in order to curb the spread of misinformation.”

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Oyebanji Commends Chief Olanipekun’s Lifelong Investments in Students, Widows

Together, the Foundation and the Scholarship Scheme reach a combined total of five hundred and five (505) beneficiaries, a tangible testament to sustained compassion, deliberate strategy, and the enduring conviction that opportunity must be shared.

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Photo: Ekiti State Governor, Mr Biodun Oyebanji

Ekiti State Governor, Mr Biodun Oyebanji, has praised legal luminary, Chief Wole Olanipekun (SAN), for his unalloyed commitment to lifting young people and vulnerable groups through his annual scholarship and empowerment programme.

Governor Oyebanji gave the commendation during the 29th edition of the Wole Olanipekun Scholarship Scheme and the 6th Empowerment Programme in Ikere-Ekiti on Saturday, November 22, 2025.

Governor Oyebanji emphasised that Olanipekun’s consistent support for education and human capital development stands as a shining example of true leadership.

Governor Oyebanji described the former NBA President as a rare blessing to the nation, noting that for nearly three decades, Chief Olanipekun has invested millions of naira in the academic and economic advancement of students, widows, the elderly, and young entrepreneurs across Ekiti and beyond.

The Governor explained that while many people talked about empowering the next generation, Chief Olanipekun has demonstrated unwavering practical commitment by sustaining one of Nigeria’s longest-running privately funded scholarship and empowerment initiatives.

He emphasised that through the scheme, thousands of students have been supported from secondary school to university as well as law school, while widows and aged citizens have received financial relief and business support.

The event was graced by the Deputy Governor, Chief (Mrs) Monisade Afuye., member of House of Representatives, AVM, Rufus Ojuawo, Royal fathers, among others.

Oyebanji added that Nigeria would record a more rapid progress if more privileged citizens embrace philanthropy the way Chief Olanipekun has done, maintaining that leaders who use their influence and resources to transform lives are the ones the country urgently needs to nurture a more educated, productive, and compassionate society.

He congratulated the beneficiaries and urged them to uphold the values of hard work, gratitude, and service to others – the principles that Chief Olanipekun has consistently championed and also charged them to emulate the legal icon by giving back to their communities when they became successful in their various fields.

“I plead with all of you that when you get this support, please it is a seed sow it, this is not money that you have to use to replace your phone, or the money to buy clothes or the money to enjoy christmas and new year, no, it’s a seed that you should sow to your future and when you do that God will bless it,” said Oyebanji.

Earlier in his remarks, Chief Wole Olanipekun (SAN), applauded Governor Oyebanji for the remarkable progress Ekiti State has recorded under his leadership.

He asserted that Ekiti people did not choose wrongly, as he noted that the governor’s humility, accessibility and passion for development have further inspired him to strengthen his annual scholarship and empowerment initiatives.

Chief Olanipekun who recalled how the empowerment programme began 29 years ago as a modest effort to support a few indigent students and widows, expressed deep satisfaction and joy that many of its beneficiaries have today become accomplished professionals, successful entrepreneurs and responsible citizens contributing meaningfully to society.

The legal icon stressed that the scholarship and empowerment scheme is not just charity, but a lifelong mission to support the dreams of young scholars and restore hope to widows, the aged and struggling families.

Today, WOF proudly sponsors four major categories of beneficiaries.

Fifty (50) elderly men and women receive targeted care and assistance under our Old People Programme.

The Youth Empowerment Initiative benefits two hundred and fifty (250) young people through skills training, start-up support and mentorship.

Fifty (50) widows are assisted with welfare, capacity building and livelihood interventions. In all, the Foundation directly serves three hundred and fifty (350) beneficiaries under these schemes.”

Together, the Foundation and the Scholarship Scheme reach a combined total of five hundred and five (505) beneficiaries, a tangible testament to sustained compassion, deliberate strategy, and the enduring conviction that opportunity must be shared.

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Insecurity: Taraba Govt Revert All Boarding Schools To Day Schooling

The letter was also forwarded to the Executive Secretary, Taraba State Post Primary Schools Management Board, the Chairman of Association of Private School Owners Of Nigeria (APSON), and the National Association of Proprietors of Private Schools (NAPPS).

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The Taraba State government has directed that all boarding schools in both private and public secondary schools be deboarded, and schools revert to day schooling with immediate effect.

In a letter dated Friday, November 21, 2025, to all principals and proprietors of public and private secondary schools across the state, the government said that the development is necessitated by the abductions targeted at boarding schools across the country.

The letter was also forwarded to the Executive Secretary, Taraba State Post Primary Schools Management Board, the Chairman of Association of Private School Owners Of Nigeria (APSON), and the National Association of Proprietors of Private Schools (NAPPS).

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