News
Tinubu suspends Rural Electrification Agency executives over corruption scandal, names acting management
President Bola Tinubu has placed the Ahmad Salihijo Ahmad-led executives of the Rural Electrification Agency (REA) on an indefinite suspension over alleged corruption..
A statement by presidential spokesperson, Ajuri Ngelale, on Thursday, said Mr Tinubu suspended Mr Ahmad-led management team over a N1.2 billion corruption case.
The presidency said on Thursday that Mr Ahmad was suspended indefinitely alongside, Olaniyi Alaba Netufo, the Executive Director, Corporate Services; Barka Sajou, Executive Director, Technical Services, and Sa’adatu Balgore, Executive Director, Rural Electrification Fund (REF), over the N1.2 billion scandal.
Furthermore, President Tinubu has ordered a wider investigation into the conduct of the aforementioned officials in a fraudulent mis-expenditure amounting to over N1.2 billion over the past two years, some of which has already been recovered by anti-graft agencies,” the statement read in part.
New management team
In the place of the suspended executives, President Tinubu appointed a new acting management team headed by Abba Aliyu as the Managing Director/CEO of the agency.
The rest of the new acting executive officers are: yoade Gboyega, Executive Director, Corporate Services; Umar Abdullahi Umar, Executive Director, Technical Services; Doris Uboh, Executive Director, Rural Electrification Fund (REF); and Olufemi Akinyelure, Head of Project Management Unit, Nigeria Electrification Project.
Read the presidency’s statement in full here.
STATE HOUSE PRESS RELEASE
PRESIDENT TINUBU SUSPENDS RURAL ELECTRIFICATION AGENCY MANAGING DIRECTOR AND TEAM FROM OFFICE
In the light of new findings unearthed during a comprehensive investigation into the financial activities of the Rural Electrification Agency (REA), President Bola Tinubu has approved the indefinite suspension of the Managing Director/CEO of the Rural Electrification Agency (REA), Ahmad Salihijo Ahmad, alongside three Executive Directors of the Agency, from office:
(1) Olaniyi Alaba Netufo — Executive Director, Corporate Services
(2) Barka Sajou — Executive Director, Technical Services
(3) Sa’adatu Balgore — Executive Director, Rural Electrification Fund (REF)
Furthermore, President Tinubu has ordered a wider investigation into the conduct of the aforementioned officials in a fraudulent misexpenditure amounting to over N1.2 billion over the past two years, some of which has already been recovered by anti-graft agencies.
By the directive of the President, the following qualified Nigerians are appointed to serve in the new management team of the Rural Electrification Agency (REA) in acting capacity with immediate effect:
(1) Abba Abubakar Aliyu — Managing Director/CEO
(2) Ayoade Gboyega — Executive Director, Corporate Services
(3) Umar Abdullahi Umar — Executive Director, Technical Services
(4) Doris Uboh — Executive Director, Rural Electrification Fund (REF)
(5) Olufemi Akinyelure — Head of Project Management Unit, Nigeria Electrification Project
President Bola Tinubu expects all appointees in his administration to uphold the highest standards of transparency and accountability in the discharge of their duties and reiterates his determination to elevate the yearnings of Nigerians for good governance and qualitative service delivery above the narrow interests of individuals who are entrusted to provide critical services to the Nigerian people.
Chief Ajuri Ngelale
Special Adviser to the President
(Media & Publicity)
March 7, 2024
News
NAFDAC : Fake Cowbell Milk in circulation
Risks include foodborne illnesses, allergic reactions, and organ damage, and in severe cases, death.
The National Agency for Food and Drug Administration and Control (NAFDAC) advises Nigerians to be vigilant and avoid purchasing counterfeit 12g Cowbell “Our Milk” sachets circulating across the country.
In a statement issued on Friday, the agency explained that the counterfeit product imitates the discontinued Cowbell “Our Milk” packaging, which Promasidor Nigeria Ltd stopped producing in September 2023.
The legitimate product was replaced with Cowbell “Our Creamy Goodness.”
The fake sachets unlawfully bear the Cowbell brand name, NAFDAC registration number and packaging design, despite not being manufactured or distributed by Promasidor.
The counterfeit products currently in circulation are imitations of the discontinued ‘Our Milk’ packaging and are not manufactured or distributed by Promasidor,” the agency stated.
“They bear unauthorised use of the brand name, NAFDAC Registration Number, and packaging design.”
The regulator raised concerns over the health risks posed by the counterfeit product.
“Risk Statement: Consumption of counterfeit milk poses serious health hazards, including exposure to toxic chemicals, unapproved additives, or diluted ingredients.
Risks include foodborne illnesses, allergic reactions, and organ damage, and in severe cases, death.
Infants, children, pregnant women, and the elderly are particularly vulnerable,” NAFDAC warned.
News
Japan designates the city of Kisarazu for Nigerians to live and work
Through this arrangement, we aim to strengthen exchanges and create a foundation for manpower development that will contribute to economic growth in both Japan and Nigeria,” said Mrs. Florence Akinyemi Adeseke, Nigeria’s Charge d’Affaires and Acting Ambassador to Japan.
The Japanese government has designated the city of Kisarazu as the official “hometown” for Nigerians seeking to live and work in Japan
Japan also unveiled similar hometown designations for Tanzania, Ghana, and Mozambique in Nagai, Sanjo, and Imabari, respectively.
The announcement was made on the sidelines of the 9th Tokyo International Conference for African Development (TICAD9), a move aimed at deepening cultural diplomacy, promoting economic growth, and enhancing workforce productivity.
Under the new arrangement, the Japanese government will introduce a special visa category for highly skilled, innovative, and talented Nigerian youth. Artisans and other blue-collar workers willing to upskill will also be eligible to live and work in Kisarazu under the special visa dispensation.
“Through this arrangement, we aim to strengthen exchanges and create a foundation for manpower development that will contribute to economic growth in both Japan and Nigeria,” said Mrs. Florence Akinyemi Adeseke, Nigeria’s Charge d’Affaires and Acting Ambassador to Japan.
The designation of Kisarazu builds on historical ties between Nigeria and the city.
The Nigerian Olympic contingent trained in Kisarazu during preparations for the 2020 Tokyo Olympics, where athletes acclimatised before moving to the Olympic Village.
Mayor Yoshikuni Watanabe of Kisarazu, who received the certificate from the Japanese government alongside Mrs. Adeseke, expressed optimism that the initiative would boost the city’s population and contribute to regional revitalisation efforts.
The three tiers of government—federal, state, and local—shared a total of N2.001 trillion from the Federation Account as revenue for the month of July 2025, according to the Federation Account Allocation Committee (FAAC).
The allocation was made during the FAAC meeting held in August 2025 in Abuja, with details released in an official communiqué.
The distributable revenue included:
- N1.282 trillion in statutory revenue
- N640.610 billion from Value Added Tax (VAT)
- N37.601 billion from Electronic Money Transfer Levy (EMTL)
- N39.745 billion from exchange rate difference
Out of the total distributed funds:
- The Federal Government received N735.081 billion
- State Governments received N660.349 billion
- Local Government Councils received N485.039 billion
- N120.359 billion was shared to oil-producing states as 13% derivation revenue
Revenue Breakdown:
Statutory Revenue (N1.282 trillion):
- FG: N613.805 billion
- States: N311.330 billion
- LGs: N240.023 billion
- 13% Derivation: N117.714 billion
VAT (N640.610 billion):
- FG: N96.092 billion
- States: N320.305 billion
- LGs: N224.214 billion
EMTL (N37.601 billion):
- FG: N5.640 billion
- States: N18.801 billion
- LGs: N13.160 billion
Exchange Gains (N39.745 billion):
- FG: N19.544 billion
- States: N9.913 billion
- LGs: N7.643 billion
- 13% Derivation: N2.643 billion
The total gross revenue for July was N3.836 trillion, down from N3.485 trillion in June. Cost of collection deductions amounted to N152.681 billion, while N1.683 trillion was allocated for transfers, refunds, savings, and interventions.
FAAC noted improved collections from Petroleum Profit Tax, Oil and Gas Royalties, EMTL, and Excise Duties, while Companies Income Tax and CET Levies declined slightly. VAT and Import Duties saw marginal growth.
The committee reiterated its commitment to ensuring transparency in the allocation of national revenues across all levels of government.
NAFDAC : Fake Cowbell Milk in circulation
Japan designates the city of Kisarazu for Nigerians to live and work
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