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SERAP Seeks Spending Details Of N400bn Fuel Subsidy Savings from Tinubu

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The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Ahmed Tinubu to use his good offices and leadership position to “urgently publish details of spending of about N400bn so far saved as a result of the removal of subsidy on Premium Motor Spirit (PMS) popularly called petrol.”

SERAP urged him to “provide details of the plans on how subsequent savings from the removal of subsidy on petrol, including specific projects on which the funds would be spent, and the mechanisms that have been put in place to ensure that any such savings are not embezzled, misappropriated or diverted into private pockets.”

According to reports, the Federal Government has saved N400bn within the four weeks following the implementation of the policy on the removal of payment of subsidy on petrol.

In the letter dated 1 July 2023 and signed by SERAP deputy director Kolawole Oluwadare, the organisation said: “Your government has a legal responsibility to ensure that the savings from the removal of subsidy on petrol are spent solely for the benefit of the 137 million poor Nigerians who are bearing the brunt of the removal.”

SERAP said, “Prevention of corruption in the spending of savings from the removal of subsidy on petrol and preventing and addressing the challenges caused by the removal are serious and legitimate public interests.”

According to SERAP, “Nigerians have the right to know how the savings are spent. Publishing the details of the spending of the savings would promote transparency, accountability, and reduce the risks of corruption in the spending of the funds.”

The letter, read in part: “SERAP is concerned that the savings from subsidy removal may be embezzled, misappropriated or diverted into private pockets.”

“Opacity in the spending of the savings from subsidy removal would have negative impacts on the fundamental interests of the citizens and the public interest.”

“We would be grateful if the recommended measures are taken within 7 days of the receipt and/or publication of this letter. If we have not heard from you by then, SERAP shall consider appropriate legal actions to compel your government to comply with our request in the public interest.”

“Unless the government is transparent and accountable to Nigerians in how it spends the savings from the removal of subsidy on petrol, the removal will continue to undermine the rights of Nigerians, and increase their vulnerability to poverty and social deprivation.”

“Transparency would ensure that the funds saved from the removal of subsidy are not diverted into private pockets, and increase public trust and confidence that these savings would be used to benefit Nigerians.”

“The implementation of the National Social Safety Net Programme (NASSP) and spending on the programme have been mostly shrouded in secrecy.”

“Publishing the details of the spending of the N400bn and other savings from the removal of subsidy would also ensure that persons with public responsibilities are answerable to the people for the performance of their duties including the management of the funds.”

“Transparency and accountability in the spending details of the N400bn saved as a result of the removal of subsidy on petrol, and on the spending of subsequent savings from the removal would mean that the savings can help poor Nigerians to overcome the effects of such removal.”

“It would also help to avoid a morally repugnant result of double jeopardy on poor and socially and economically vulnerable Nigerians.”

The lack of transparency and accountability in the spending of savings from the removal of subsidy on petrol and the resulting human costs would directly threaten fundamental human rights that your government has an obligation to protect.”

“Your government has the legal obligations to address the effects of subsidy removal on the human rights of 137 million poor Nigerians, and to prevent and address some of the direst consequences that the removal may reap on human rights, especially given the disproportionate impact on these Nigerians.”

“SERAP also urges you to promptly instruct Independent Corrupt Practices and Other Related Offences Commission (ICPC) and Economic and Financial Crimes Commission (EFCC) to monitor the spending of all savings from subsidy removal.”

“SERAP notes that the removal of subsidy on petrol continues to negatively and disproportionately affect poor Nigerians, undermining their right to adequate standard of living.”

“Your government has a positive obligation to protect individuals against the threat posed to human rights by the removal of subsidy on petrol. Your government also has legal obligations to effectively address the aftermath of subsidy removal.”

“SERAP is seriously concerned that years of allegations of corruption and mismanagement in the spending of public funds and entrenched impunity of perpetrators have undermined public trust and confidence in governments at all levels.”

“The Freedom of Information Act, Section 39 of the Nigerian Constitution, article 9 of the African Charter on Human and Peoples’ Rights and article 19 of the International Covenant on Civil and Political Rights guarantee to everyone the right to information, including the details of how the N400bn and other savings from the removal of subsidy on petrol would be spent.”

“By the combined reading of the provisions of the Nigerian Constitution 1999 [as amended], the Freedom of Information Act 2011, and the African Charter on Human and Peoples’ Rights, there are transparency obligations imposed on your government to widely publish the details of how the N400bn and other savings from the removal of subsidy on petrol are spent.”

“The Nigerian Constitution, Freedom of Information Act, and the country’s anti-corruption and human rights obligations rest on the principle that citizens should have access to information regarding their government’s activities.”

“Section 13 of the Nigerian Constitution imposes clear responsibility on your government to conform to, observe and apply the provisions of Chapter 2 of the constitution. Section 15(5) imposes the responsibility on your government to “abolish all corrupt practices and abuse of power” in the country.”

“Under Section 16(1) of the Constitution, your government has a responsibility to ‘secure the maximum welfare, freedom and happiness of every citizen on the basis of social justice and equality of status and opportunity.’”

“Section 16(2) further provides that, ‘the material resources of the nation are harnessed and distributed as best as possible to serve the common good.’”

“Similarly, articles 5 and 9 of the UN Convention against Corruption also impose legal obligations on your government to ensure proper management of public affairs and public funds, and to promote sound and transparent administration of public affairs.”

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Senate demands sack of CAC boss, over defiance of summons

…The CAC head had never personally appeared before the committee, often citing official engagements or foreign trips as reasons for his absence.

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The Senate Committee on Finance on Thursday called on President Bola Tinubu to sack Hussaini Magaji, the Registrar-General of the Corporate Affairs Commission (CAC), over what the lawmakers described as his persistent refusal to honour invitations to appear before the panel.

The committee made the recommendation citing Magaji’s repeated absence from its sessions, where he was expected to provide explanations on the commission’s revenue profile and operational performance since he took over the office.

The lawmakers noted that despite several summons, the CAC boss has consistently failed to show up in person.

Sani Musa, the Committee Chairman, announced the resolution during a budget defence session attended by Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, and Atiku Bagudu, the Minister of Budget and Economic Planning, who appeared before the panel to present their proposals for the 2026 fiscal year.

Other chief executives under the committee’s supervision, including representatives of the Nigeria Revenue Service, the Tax Ombudsman Office, the Nigerian Customs Service and the Office of the Attorney-General of the Federation were present at the hearing.

However, the CAC Registrar-General did not attend and instead delegated a subordinate officer to represent the commission.

The recommendation for Magaji’s removal was moved by Orji Kalu, representing Abia North.

The former Abia State governor expressed frustration over what he described as the registrar-general’s consistent disregard for the committee’s invitations.

Kalu argued that if cabinet ministers, who occupy higher constitutional offices, could respond to legislative summons, there was no justification for the CAC chief to repeatedly decline appearances.

“This man is not above the law,” Kalu said during the session.

“The ministers of finance and budget are here because we invited them. Yet this registrar-general believes he is bigger than the Senate. That cannot continue.”

He further said that since his return to the Senate, the CAC head had never personally appeared before the committee, often citing official engagements or foreign trips as reasons for his absence.

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Oluremi Tinubu Bags Warri Traditional Title ‘Utukpa-Oritse of Warri Kingdom’

The First Lady of Nigeria Senator Oluremi Tinubu whose mother hails from Warri in Delta State was conferred with the traditional title of Utukpa-Oritse of Warri Kingdom alias Ugbone meaning the Light of God.

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Nigeria’s First Lady, Senator Oluremi Tinubu has been conferred with the title, Utukpa-Oritse of Warri Kingdom, by Olu of Warri Ogiame Atunwatse III.

Busola Kukoyi, SSA Media to the First Lady of the Federal Republic of Nigeria, said that the title was conferred on the First Lady during her homecoming to Warri Kingdom in Delta State where she was received by the paramount ruler of the Kingdom, Olu of Warri Ogiame Atunwatse III.

“The Olu of Warri, Ogiame Atunwatse III in his remarks urged everyone that by doing away with past hurts and grievances, there would be peace, progress and prosperity.

The monarch stated that the entire kingdom is proud of the First Lady of Nigeria.

He said:

“We are proud of who you are, who you have become.

Our women know how to take very good care of their husbands. Thank you for being a very good example to our girls and women”.

The First Lady of Nigeria Senator Oluremi Tinubu whose mother hails from Warri in Delta State was conferred with the traditional title of Utukpa-Oritse of Warri Kingdom alias Ugbone meaning the Light of God.

In Picture: L-R Former Governor of Delta State, Dr Ifeanyi Okowa, First Lady of Delta State Deaconess Tobore Oborevwori, the Olu of Warri Kingdom, Ogiame Atunwatse III, First Lady of Nigeria Senator Oluremi Tinubu and the Delta State Governor, Rt Hon Sheriff Oborevwori during Senator Tinubu’s conferment with the title,Utukpa-Oritse of Warri Kingdom by the Olu of Warri Kingdom on Thursday 26th February 2026.

In her remarks, Senator Oluremi Tinubu called for more unity across the nation among citizens

The First Lady specifically appealed to the people of the kingdom to come together, irrespective of their differences.“the bible tells us in Psalm 133 verse 1 to 3 that it is pleasant to dwell together in unity, for there is where God commanded blessings”.

She assured the people who turned out in their numbers of continued support and commitment of government, noting that the state governor had been doing a good job so far in the State.

Senator Oluremi Tinubu once again, on behalf of the Renewed Hope Initiative RHI donated a sum of fifty million naira to 1000 women petty traders.

Earlier, the State Governor Rt Hon Sheriff Oborevwori explained that the First Lady who had visited the state three times, and twice when he was still in another political party and now when he had crossed over to APC, had shown tremendous love and sincerity in the care of Nigerians by this.“

She has a large heart and those visits where she flagged off the women petty traders empowerment and the launch of the free to shine campaign encouraged me to make up my mind.

May God continue to empower you to continue to put smiles on the faces of more Nigerians.”

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NUC issues new rules on honorary doctorates

The guidelines limit honorary awards to a maximum of three recipients per convocation and require that the degrees carry the designation “Honoris Causa,” such as Doctor of Science (D.Sc. h.c.) or Doctor of Law (LL.D. h.c.).

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The National Universities Commission (NUC) on Thursday, released fresh guidelines regulating the award and use of honorary doctorate degrees in Nigeria.

Honorary doctorate degrees are non-earned distinctions granted honoris causa to recognise distinguished merit, public service, scholarly impact, creative achievement or other significant contributions aligned with the values of the awarding institution.

In a public notice shared on its official X page, the Commission found widespread misuse of honorary degrees, with 32 entities among 61 institutions and professional bodies identified as operating as honorary degree mills — including unaccredited foreign universities, unlicensed local institutions and organisations without degree-awarding powers. Some were also found issuing fake professorships.

Consequently, the Executive Secretary of the Commission, Abdullahi Yusufu Ribadu, said that the new guidelines were developed in line with established academic traditions and resolutions of the Association of Vice-Chancellors of Nigerian Universities, including the Keffi Declaration of 2012, alongside inputs from universities submitted in December 2025.

NUC said that the new rules are designed to standardise the conferment process, protect academic integrity and safeguard the credibility and global reputation of Nigeria’s university system. Universities and other degree-awarding institutions were directed to strictly comply, with sanctions promised for violations.

Under the new rules, only approved universities that have graduated their first set of PhD students are eligible to award honorary doctorates. The purpose, criteria and selection procedures must be clearly defined and publicly accessible, while nominations must pass through statutory committees and receive approval from both the University Senate and Governing Council.

The guidelines limit honorary awards to a maximum of three recipients per convocation and require that the degrees carry the designation “Honoris Causa,” such as Doctor of Science (D.Sc. h.c.) or Doctor of Law (LL.D. h.c.).

Awards must be conferred in person, except in exceptional circumstances where they may be given virtually, in absentia or posthumously.

The Commission stressed that honorary doctorates must be granted free of charge and recipients must not present the honour as an earned academic qualification.

NUC specifically warned that recipients cannot use the “Dr.” — which is reserved for holders of earned doctoral or medical degrees — nor use the award to supervise research, practise as scholars or manage academic units.

Universities are also required to provide recipients with orientation on the proper use of the honour, publish lists of awardees on their websites to promote transparency and establish clear mechanisms for revoking awards if recipients are convicted of fraud or engage in unethical conduct.

The NUC said all eligible universities must comply strictly with the framework, reiterating that regulatory sanctions will apply to institutions that confer honorary doctorates in breach of the new guidelines.

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