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Why We Froze Osun State’s Government Account – EFCC

The Commission explained that it was investigating the Osun State government since March, 2026, regarding alleged fraudulent handling of Ecology Funds, Intervention Funds and Federal Account Allocation Committee, FAAC account to the tune of N11, 000,000, 000(Eleven Billion Naira only

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The Economic and Financial Crimes Commission (EFCC) has revealed reasons for freezing the bank account of the Osun State government ahead of governorship election in the state.

In a statement clarifying its position on Wednesday, the Commission explained that it was investigating the Osun State government since March, 2026, regarding alleged fraudulent handling of Ecology Funds, Intervention Funds and Federal Account Allocation Committee, FAAC account to the tune of N11, 000,000, 000(Eleven Billion Naira only).

To this end, some officials of the state government, especially the Accountant General of the State, have had interview sessions with investigators of the EFCC.

These ongoing investigations of the state government would not have warranted any placement of Post No Debit order on its account but for the precipitate and unwarranted movement of funds from the accounts to different suspicious accounts since August 2, 2026.

The Commission noticed huge transfers of funds into different corporate entities and had to swiftly halt the trend by freezing the accounts from which such heavy funds are being moved.

The EFCC’s preventive mandate is a public-inclined framework of safeguarding public funds, assets and resources.

The Commission cannot watch idly while a state government’s account is being pillaged.

While the Commission is fully aware of the impending governorship election in Osun State, it has a responsibility to act in defence of the sanctity of the funds of the state.

It will be uncharitable for the Commission to allow an excuse of an upcoming election to fold its arms to perform its legally-assigned functions.

It is equally needful to state that the Commission is keeping watch over the finances of other states like Osun State.

Many of these states are on the investigative radar of the Commission to ensure accountability and probity.

The Commission has always pointed out that it is non-partisan and non-sectarian but always working in the overall interests of Nigerians.

The Osun State government account was frozen to save public funds from being looted.

The public is enjoined to ignore false narratives and deliberate demonization of the works of the EFCC.

The interests of all Nigerians are greater and will always be protected by the Commission.

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Politics

Governor Fubara Tasks Judges on Rulings That Advance Development

Governor Fubara gave the charge while declaring open the 66th Annual General Conference of the Nigerian Bar Association (NBA) in Port Harcourt.

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The Rivers State Governor, Siminalayi Fubara, has urged judges to consider the overall impact of their judgments on the polity and national development.

Governor Fubara gave the charge while declaring open the 66th Annual General Conference of the Nigerian Bar Association (NBA) in Port Harcourt.

Fubara noted that law and order, including national development, were closely linked to the quality of justice delivered by the courts.

He charged judges to ensure that truth prevailed at all times, irrespective of the status, influence or social affiliations of parties appearing before them.

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Politics

[UPDATED] 2027: APC dismisses report of campaign council list withdrawal

Morka said the party had not withdrawn the list, adding that any decision to alter it would be formally communicated by the APC.

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The All Progressives Congress (APC) has dismissed reports that it withdrew its list of members of the 2027 presidential campaign council, describing the reports as rumours.

Felix Morka, national publicity secretary of the APC, made the clarification in a statement to media houses this morning.

Morka said the party had not withdrawn the list, adding that any decision to alter it would be formally communicated by the APC.

“Those reports are rumours,” Morka said.

He added that any changes to the campaign council list would be officially announced by the party

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Politics

Amaechi to Sowore: Close Your Mouth When Politicians Are Talking

The confrontation unfolded during discussions on Nigeria’s political future, fuel subsidy removal, transportation policy and the performance of former public officials ahead of the 2027 general elections.

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• Collage of Rotimi Amaechi, and Omoyele Sowore

African Democratic Congress (ADC) vice presidential candidate, Rotimi Amaechi has lashed out at African Action Congress (AAC) presidential candidate, Omoyele Sowore: “Close Your Mouth When Politicians Are Talking.”

The occasion was at the 66th Annual General Conference of the Nigerian Bar Association (NBA) in Port Harcourt, Rivers State.

Sowore argued that politicians who had previously occupied public offices should account for their records before asking Nigerians to entrust them with power again.

Sowore specifically questioned Amaechi’s performance as Rivers governor and Minister of Transportation, while also taking aim at former Anambra governor Peter Obi.

Sowore said that politicians who had governed and failed should not simply return to seek power without answering questions about their past performances.

In response, Amaechi fired back at Sowore, challenging him to point to his own experience in governance.

The confrontation unfolded during discussions on Nigeria’s political future, fuel subsidy removal, transportation policy and the performance of former public officials ahead of the 2027 general elections.

The 66th NBA Annual General Conference, themed “Beyond Limits,” is being held in Port Harcourt from August 21 to 28.

The gathering provided a major platform for discussions on issues extending beyond the legal profession.

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