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Iwaeda's Posts

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PoliticsRe: NSA Office Clears Kwara Govt, Says Arrested Persons Are Vigilantes Known To FG by iwaeda: 7:40am On Dec 18, 2025
When we said, there are more to Kwara killings, insecurity, than meet the eyes. It is purely state Sponsored. grin grin grin grin
PoliticsRe: Tinubu Administration Fails To Publish Record Of Expenditures In 2025 Fiscal Yr by iwaeda(op): 8:43pm On Dec 17, 2025
No plan, just anywhere weather face. grin grin grin grin
SportsRe: NFF Reported Congo's Age Violations To FIFA by iwaeda: 7:47pm On Dec 17, 2025
Back door policy, my stake is if they are allowed to play AFCON with same players, Nigeria have no case. grin grin grin grin grin
PoliticsRe: Tinubu names new CEOs for NUPRC, NMDPRA as Komolafe & Farouk resign by iwaeda: 7:37pm On Dec 17, 2025
Dangote won this battle. Our officers are corrupt. No more Xmas packs. grin grin angry grin grin
SportsRe: 2026 WCQ: DR Congo FA Slams Nigeria Over World Cup Eligibility Dispute by iwaeda: 5:55pm On Dec 17, 2025
Don't use the back door, bring it. grin grin grin angry
PoliticsRe: FG Faults Daily Trust Report; Insists No Hunger In The North by iwaeda: 3:08pm On Dec 17, 2025
There is hunger in the North, met a shoe maker sometimes ago, he said he has two wives and can not go home to farm because of insecurity. grin grin grin grin grin
PoliticsRe: Malami Accused Tinubu Of Completely Crippling Agriculture In The North by iwaeda: 3:05pm On Dec 17, 2025
The North is really hungry, but not just North. The rate of begging in Lagos is alarming. Inadan is worse. grin grin grin grin grin grin
PoliticsTinubu Administration Fails To Publish Record Of Expenditures In 2025 Fiscal Yr by iwaeda(op): 2:02pm On Dec 17, 2025
A review by SaharaReporters shows that key government platforms responsible for public disclosure of spending, including the Open Treasury Portal and the Budget Office of the Federation’s budget performance documents portal, have not published any expenditure records for 2025.

As the 2025 fiscal year draws to a close, the Bola Tinubu administration has yet to publish details of its expenditures, raising concerns over transparency and compliance with Nigeria’s fiscal laws.



A review by SaharaReporters shows that key government platforms responsible for public disclosure of spending, including the Open Treasury Portal and the Budget Office of the Federation’s budget performance documents portal, have not published any expenditure records for 2025.

Findings from the Budget Office portal indicate that, throughout 2025, no document detailing the breakdown of government expenditures has been released.

Budget performance reports are ordinarily published quarterly — every three months — but none has been made available during the year.

Similarly, the Open Treasury Portal, which provides details of government payments, contains no published records of payments made in the 2025 fiscal year.

Budget performance documents are regarded as a critical tool for holding the federal government accountable and promoting transparency in fiscal management.

Their absence has therefore drawn attention to what critics describe as a failure by the Tinubu-led administration to uphold principles of open governance.

The non-publication of the reports also appears to contravene the provisions of the Fiscal Responsibility Act, 2007. Section 30 of the Act states:

"The Minister of Finance, through the Budget Office of the Federation, shall monitor and evaluate the implementation of the Annual Budget, assess the attainment of the fiscal targets and report thereon on a quarterly basis to the Fiscal Responsibility Council and the Joint Finance Committee of the National Assembly."

"The Minister of Finance shall, cause the report prepared pursuant to subsection (1) of this section to be published in the mass and electronic media and on Ministry of Finance website, not later than 30 days after the end of each quarter."

"In implementing their annual budgets, States and Local Governments may adopt the provisions of this part with such modifications as may be appropriate and necessary."

The development comes amid growing concerns over transparency and accountability in the management of public funds by the Nigerian government.

It also coincides with increasing calls from civil society groups and citizens for improved open governance and timely disclosure of fiscal information.


https://saharareporters.com/2025/12/17/tinubu-administration-fails-publish-record-expenditures-2025-fiscal-year

PoliticsRe: Mary Miller: Radical Islam Behind Killing Of Thousands Of Christians In Nigeria by iwaeda: 1:48pm On Dec 17, 2025
Kwara, Plateau, Benue and Kogi can attest to this killings. cry cry cry cry cry
PoliticsRe: Abdulsammad Dasuki Raises Alarm Over Discrepancies In Gazetted Tax Laws by iwaeda: 1:46pm On Dec 17, 2025
Let me chip in my one cent forget all the lies peddled by Taiwo and Co. There are more to this tax issue. Let me welcome you ahead into the year of our Lord 2026, the year of excruciating pain of taxation. Just pray you survive till 2027, may be by then you will LEARN wisdom. grin grin grin grin grin grin
PoliticsRe: Suicide Bomber Kills 5 Soldiers In Borno by iwaeda: 12:36pm On Dec 17, 2025
We thought Shettima is in charge of security and no more bombing. grin grin grin grin grin
TravelRe: Visa Categories Affected By The New US Restrictions by iwaeda: 11:51am On Dec 17, 2025
Eriokanmi:
It doesn't affect the current US visa holders but the current and future applicants. I was in America in October and part of November. The queues were so dry, just like what was experienced by many during covid. Trump really means business. My visa is valid until end of his tenure. No shaking. I can renew after he leaves office with his wahala
I was there early this year, under 15 mins already cleared to savoy the cold weather. grin grin grin grin grin
HealthRe: Russia Confirms Cancer Vaccine Will Be Given Free To Patients All Over The World by iwaeda: 11:22am On Dec 17, 2025
Six six six relaunched. Russia. grin grin grin grin
AgricultureRe: Investment: Between Oil Palm And Coconut, Which Is More Profitable? by iwaeda: 11:16am On Dec 17, 2025
Palmoil number 1, then coconut 2. grin grin grin grin
TravelRe: Visa Categories Affected By The New US Restrictions by iwaeda: 11:01am On Dec 17, 2025
What if those who already have. It is partial ban, you need to write US mission to confirm your status. grin grin grin grin grin
PoliticsRe: FG failed to meet 2025 Revenue Target By ₦30 trillion – Finance Minister, Edun by iwaeda: 10:54am On Dec 17, 2025
Let just welcome us all to year of Lord 2026, the year of taxes and reduce income. Anyways, mynding my business, it will favour me and my family. Their target is N100 trillion from taxes and levies. grin grin grin grin grin grin grin grin grin grin
PoliticsRe: Kwara Govt Confirms Nabbed Armed Men Are Miyetti Allah Members From NSA Ribadu by iwaeda: 10:43am On Dec 17, 2025
We said it, that snakes have hands in the belly. May God protect the vulnerable. grin grin grin grin
PoliticsRe: Alaafin Of Oyo To Install Seyi Tinubu As Okanlomo Of Yorubaland by iwaeda: 10:07am On Dec 17, 2025
Okanlomo of Yorubaland ko, etalomo ni. All these royal fathers, don't understand anything about culture. One major reason insecurity fester. Traditionally we have lost it. angry grin grin grin grin grin
Christianity EtcRe: Pastor Chris Okafor Weds Girlfriend Amid Controversy by iwaeda: 9:58am On Dec 17, 2025
Happy married life. Don't taste before marriage, so body will not count. grin grin grin grin
PoliticsRe: Despite Meeting President Tinubu, Our National Protest Holds As Planned - NLC by iwaeda: 9:46am On Dec 17, 2025
Protest is already on in Ikeja grin grin grin grin
PoliticsRe: Malami Releases Report Indicting EFCC Chairman In Salami-led Probe Panel by iwaeda: 9:45am On Dec 17, 2025
Baba Ayo Salami is from Kwara, I know him somehow from a distance. EFCC will do nothing. Malami should enjoy his beans for now, until ADC come. grin grin grin grin
PoliticsRe: Nigeria ‘Dangerously Sliding’ Into One-Party State Under APC - Babangida Aliyu by iwaeda: 9:04am On Dec 17, 2025
History always repeat itself. In days of Abacha, we were here. grin grin grin grin grin
PoliticsRe: DSS Arrests Osun-Based Islamic Leader Over Pro-Palestine Protest by iwaeda: 8:48am On Dec 17, 2025
Truth be told, some clerics need to be arrested, the way they carry out religious activities beg for answers. grin grin grin grin grin
Foreign AffairsRe: U.S Nuclear Scientist, Nuno Loureiro, Shot Dead Inside His Home (Photos) by iwaeda: 8:46am On Dec 17, 2025
Cold War is really on, it may be master minded by people who feared something. MIT certificates wasted like that. cry cry cry cry
PoliticsRe: I Don’t Know Him From Anywhere - Why Buhari Didn't Back Osinbajo For President by iwaeda: 8:44am On Dec 17, 2025
Most especially because he is a Pastor. grin grin grin grin
PoliticsRe: Nationwide Protest: Tinubu Meets With NLC Leaders by iwaeda: 7:49am On Dec 17, 2025
Workers are at receiving end of Tinubu bad policies and administration. grin grin grin grin grin
PoliticsRe: NMDPRA Boss Farouk Ahmed Pushes Back Against Dangote’s Corruption Allegations, by iwaeda(op): 7:45am On Dec 17, 2025
Nlfpmod, is this not two fighting. grin grin grin
PoliticsRe: FG failed to meet 2025 Revenue Target By ₦30 trillion – Finance Minister, Edun by iwaeda: 6:49am On Dec 17, 2025
We told you, they were lying about the progress, whooping N30 trillion, more than 80%, Nlfpmod, somehow, they lied in August, they have met their revenue targets. APC and Tiinubu are nothing but deceitful. grin grin grin grin grin grin grin
PoliticsRe: I Worked So Hard For APC With Hope That I'll Be Among The Ambassadorial Nominees by iwaeda: 11:35pm On Dec 16, 2025
Where is the source of this Joe Igbokwe's lamentation. grin grin grin grin grin
PoliticsRe: NMDPRA Boss Farouk Ahmed Pushes Back Against Dangote’s Corruption Allegations, by iwaeda(op): 11:22pm On Dec 16, 2025
Auditor is here too. grin grin grin grin
PoliticsNMDPRA Boss Farouk Ahmed Pushes Back Against Dangote’s Corruption Allegations, by iwaeda(op): 11:07pm On Dec 16, 2025
He traced his career in Nigeria’s petroleum sector to 1991, insisting that his rise through the system was driven by merit rather than political patronage.

The Chief Executive Officer of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Engr. Farouk Ahmed, has pushed back against allegations concerning the funding of his children’s education and questions raised about his integrity in office, describing the claims as misleading and taken out of context.

In a statement, Ahmed said the allegations “necessitated this response, not because I fear scrutiny of my finances, which I welcome, but because the timing and nature of these claims demand context that only three decades of public service can provide.”


He traced his career in Nigeria’s petroleum sector to 1991, insisting that his rise through the system was driven by merit rather than political patronage.

According to him, his professional experience spans technical operations, crude oil marketing, gas supply monitoring and downstream activities, adding that his actions and decisions in office have consistently been guided by what he described as Nigeria’s national interest.

“I spent my formative years in the technical divisions, where decisions are measured not by political expediency but by engineering precision and market realities,” he said.


He further outlined his rise to General Manager of the Crude Oil Marketing Division in 2012 and later Deputy Director in 2015, before being appointed NMDPRA Chief Executive in 2021.

On assuming the role, he said, he understood the challenges of implementing reforms under the Petroleum Industry Act, acknowledging that enforcing transparency in a sector long characterised by opacity would inevitably meet resistance.

Addressing the allegations about his children’s education, Ahmed said the claim that he spent $5 million on their Swiss schooling was misleading.

“Three of my four children received substantial merit-based scholarships ranging from 40% to 65% of tuition costs, verifiable information is available to any authorised investigation,” he said, adding that contributions from his late father, a Northern Nigerian businessman, further supported the education costs.

He added, “When scholarships, family contributions, and my own savings accumulated over three decades are properly accounted for, my personal financial obligation was entirely consistent with someone of my professional standing and length of service.”

Ahmed confirmed that his annual compensation of approximately N48 million, including allowances, is publicly documented, and that he has submitted detailed asset declarations to the Code of Conduct Bureau throughout his career.

The CEO also linked the timing of the allegations to recent regulatory actions taken by NMDPRA.

“These allegations resurface precisely when NMDPRA has enforced quality standards revealing substandard petroleum products in the market, implemented stricter licensing requirements, and insisted on transparent pricing mechanisms that eliminate opacity benefiting certain market players. This timing is not coincidental,” Ahmed said.

He defended the authority’s import licensing decisions, emphasizing that they comply with Section 7 of the Petroleum Industry Act, which mandates supply security and prevention of scarcity.

“Granting import licenses when domestic supply proves insufficient is not sabotage, it is our legal duty,” he said.

Ahmed invited formal investigations into his finances and tenure, stating: “I formally and publicly request the Code of Conduct Bureau to conduct comprehensive review of all my asset declarations since 1991, the Economic and Financial Crimes Commission to examine all my financial transactions and sources of income, and the National Assembly to exercise its oversight function regarding any allegations of regulatory compromise during my tenure. I will cooperate fully, provide all documentation, and answer all questions under oath if required.”

Concluding, Ahmed reaffirmed his commitment to regulatory independence and transparency.

“Three decades of service to Nigeria’s petroleum sector have taught me that integrity is tested not in comfortable moments but when powerful interests demand compromise. My response is simple: investigate thoroughly, examine every claim, scrutinize every transaction. My record both financial and professional will withstand any legitimate inquiry.”

Dangote’s Allegations Against Farouk Ahmed

Aliko Dangote, President and Chief Executive Officer of the Dangote Group, had petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC) over alleged corruption, abuse of office and illicit enrichment by the NMDPRA boss.

In the petition dated December 16 and addressed to the ICPC Chairman, Musa Adamu Aliyu (SAN), the billionaire businessman demanded the arrest, investigation and prosecution of Ahmed.

He accused Ahmed of living far beyond his legitimate earnings as a public servant, alleging that the NMDPRA chief spent more than $7 million on the education of his four children in Switzerland, with school fees reportedly paid upfront for six years.

According to Dangote, such expenditure could not be justified by the cumulative earnings of a career public officer.

He provided the names of the children, the schools they attended and the specific amounts paid for each, urging the ICPC to verify the claims as what he described as “clear evidence of corrupt enrichment.”

Dangote further alleged that Ahmed abused his office by diverting public funds for personal use, accusing him of turning the regulatory authority into a tool for embezzlement and the advancement of private interests at the expense of Nigerians.

“It is without doubt that the above facts in relation to abuse of office, breach of the Code of Conduct for public officers, corrupt enrichment and embezzlement constitute gross acts of corruption,” Dangote said in the petition.

He urged the ICPC to act under Section 19 of the ICPC Act, which prescribes a five-year jail term without an option of fine for such offences.

Dangote also said he was ready to personally appear before investigators to present documentary and other evidence to substantiate his allegations.

The claims were first made public by Dangote during a media interaction at the Dangote Refinery in Lekki, Lagos, on Sunday, where he questioned Ahmed’s source of wealth and accused the regulator of frustrating local refining through the continued issuance of fuel import licences.

“Nigerians deserve to know the source of these sums of money paid by a public officer while many parents in his home state of Sokoto cannot afford N10,000 school fees for their children,” Dangote said.

https://saharareporters.com/2025/12/16/nmdpra-boss-farouk-ahmed-pushes-back-against-dangotes-corruption-allegations-seeks-full
European Football (EPL, UEFA, La Liga)Re: Cardiff City Vs Chelsea: EFL Cup (1- 3) On 16th December 2025 by iwaeda(op): 11:03pm On Dec 16, 2025
Chelsea has won this game. grin grin grin grin

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