Category : Search result: EFCC spending


2026 Budget: Lavish Spending on Cars, Paper Raises Eyebrows

Nigeria's 2026 budget proposal reveals a 135% spike in presidential vehicle costs to N11.25bn and N2.5bn for stationery, clashing with digitalisation goals. Analysis shows elite comfort prioritized over fiscal prudence amid revenue uncertainty.

$70k Footbridge in Zimbabwe Triggers Public Anger

A newly commissioned $70,000 footbridge in Zimbabwe's Manicaland Province has ignited fierce debate over government spending and infrastructure priorities. Officials defend the project while citizens question its value.

N12.2bn Budgeted for Presidential Travel in 2026

President Tinubu and VP Shettima's 2026 budget allocates N12.2bn for trips. Details reveal N7bn for Tinubu's travel, N1.7bn for Shettima, and N43bn for State House. Read the full breakdown.

Cheaper Fuel Fuels Abuja's Thriving Christmas Economy

Abuja's Christmas economy thrives as fuel prices drop to ₦743 per litre, boosting local spending, market stability, and leisure activities. Discover how residents are celebrating differently this year.

5 Ways to Maximise Your Visa Card This Festive Season

Discover five strategic methods to use your Visa card for rewards, security, and exclusive discounts during Nigeria's bustling December. Turn your holiday spending into lasting memories and smart savings.

Tinubu Vows Security Reset in 2025 Budget Speech

President Bola Tinubu announces a sweeping national security revamp, allocating N5.41 trillion to defence. He declares all armed non-state actors as terrorists amid rising violence.

House of Reps Increases Campaign Spending Limits

Nigeria's House of Representatives has approved higher campaign spending limits for all elective offices, with the presidential ceiling doubled to N10 billion. Read the full details and implications for the 2027 elections.

Reps Raise Campaign Spending Limits for 2027 Polls

The House of Representatives has approved new, higher campaign spending limits for all elective offices ahead of the 2027 general elections. Find out the new ceilings for presidential, governorship, and other candidates.

Nigeria Intensifies Fight Against Unaffordable Healthcare

Federal and state governments, with global partners, are ramping up efforts to make healthcare affordable for all Nigerians. Key strategies include expanding health insurance and systemic reforms under the NHSRII initiative.

Court Defers Ruling on Chris Ngige's Bail Plea

A Federal Capital Territory High Court has postponed its decision on former Labour Minister Chris Ngige's bail request. Ngige faces EFCC charges over alleged N2.2bn contract fraud. Read the latest details.

CSOs Petition EFCC Over Corruption Claims in BPP

Civil society groups have urged the EFCC to investigate serious graft allegations against BPP's leadership. The Bureau denies all claims, citing transparency reforms. Read the full details.

EFCC Rejects Politicisation Claims, Malami Cries Foul

Nigeria's EFCC insists its anti-corruption war is impartial, dismissing claims of political weaponisation. Meanwhile, ex-Attorney General Malami alleges persecution and demands the EFCC chairman step aside from his case. Read the full details.

Ngige Remanded in Kuje Prison Till Dec 18

Former Minister Chris Ngige remanded in Kuje prison until December 18 over N2.2bn fraud charges. Court to rule on bail after EFCC alleges flight risk. Read the full details.

Naira resilient despite festive dollar demand surge

The Nigerian naira shows resilience against heightened US dollar demand during the festive 'Detty December' season. CBN's external reserves rise to $45.44 billion, providing crucial support. Experts analyze market dynamics and future outlook.

EFCC Returns N96.5m to Ponzi Scheme Victims

The EFCC has recovered and returned N96.5 million to victims of a forex Ponzi scheme in Enugu. Learn how the fraud operated and the commission's warning to investors.

Nigeria Must End Reliance on Foreign Health Aid - Presidency

Presidential adviser Dr. Salma Anas warns Nigeria's health system is vulnerable due to over-reliance on foreign grants and high out-of-pocket payments. The government is pushing for Domestic Resource Mobilisation to achieve Universal Health Coverage.

Man fined N50,000 for naira abuse in Ibadan

A 28-year-old man, Ridwan Surajdeen, has been convicted and fined N50,000 by a Federal High Court in Ibadan for spraying and abusing naira notes. Read the full details of the EFCC's prosecution.

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