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National Steel Council Uncovers ‘Over N1Billion Fraud’, Asks Nigeria’s Steel Development Minister To Suspend Executive Secretary, Musafari Pending Probe Conclusion

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The National Steel Council (NSC) in Abuja has informed Minister of Steel Development, Shuaibu Abubakar Audu, of an alleged over N1 billion fraud that it linked to its Executive Secretary, Ambassador Abdulqadir Musafari.

The council, in a March 15, 2024 letter, told the minister that Musafari had allegedly “failed, refused and/or neglected to avail the Council of any information concerning his activities on behalf of the council, if duly authorized.”

It advised that the Executive Secretary should be suspended from office pending the conclusion of the investigation of the allegations by a disciplinary committee.

The council’s recommendation followed a request by the committee that it set up on February 12, 2024, to investigate Musafari for, among others, financial impropriety and serious misconduct.

Documents obtained by SaharaReporters show that the committee’s terms of reference included investigating “several wilful and deliberate actions calculated to sabotage the lawful activities of the National Steel Council in the fulfilment of its mandated duties and responsibilities to the Nigerian people under the National Steel Council Act.

“Wilful and deliberate misappropriation of public funds to profit and/or benefits self and with intent to deceive or defraud the Federal Government of Nigeria (FGN) and its citizens.

“A recurring pattern of executive recklessness (both civil and criminal) and blatant disregard for established laws and council procedures and/or directives

“Communicating formally, conducting formal meetings and/or making formal outreaches to third parties on behalf of the council without knowledge or approval, and without consequently reporting the outcome of such to the council.

“Engaging persons (either directly or on secondment) for employment and/or to serve (particularly in strictly confidential positions) to act on behalf of the council without notice to, approval by, and/or subsequent report for the purpose of ratification by the council, in contravention of paragraph 5(2) of the first schedule of the national steel council act.”

The disciplinary committee, headed by a retired judge of the Federal High Court, Justice Taiwo O. Taiwo, submitted its preliminary report to the NSC Board on February 29, 2024.

Other members of the disciplinary committee are Prof. Sylvester Osuji, Hajiya Fatimah Hayatu, DIG David Folawiyo (Rtd) and Barr. Elvis Asoro (Secretary).

Specific allegations against Musafari that the committee investigated are: “The attempted illegal withdrawal of the sum of N726,477,654.21 from the Treasury of the Federal Government of Nigeria (FGN) without the knowledge, consent or approval of the National Steel Council (NSC).

“Payment of N5,000,000.00 (Five Million) as bank charges” that the National Steel Council said it was unaware of and did not approve.

“Payment of N6,253,000.00 as Insurance dues/claims. The Council is unaware of, and did not approve, any such Insurance agreement(s) for which this payment may be considered a responsibility of the Council.

“Payment of N961,000.00 for Publicity of which the Council is unaware of and did not approve or authorize.

“Expense of N310,060,500 as purchases/acquisition without the knowledge, authority, and/or approval of the Council.

“Expense of N38,418,530.75 as Local Travel and Transport unknown to, unauthorized by, unapproved by, and hidden from the Council.

“Another expense of N4,709,848.05 for Local Travel and Transport unknown to. unauthorized by, and unapproved by, the Council.

“Expense of N1,000,000.00 (One Million) on telephone calls without the knowledge, authorization, and/or Council approval.

“Expense of N1,000,000.00 (One Million) on the printing of security documents that are unknown to, unauthorized by, and unapproved by, the Council.

“Expense of N20,125,000.00 budgeted for staff training on persons unknown to, unauthorized by, and unapproved by. the Council.

“Payment of N24,371,000. as Honorarium and Sitting Allowances which are either unapproved or unreported by the Council.

“Payment of N9 Million for purchase of photocopy machines unknown to, unauthorized by, and unapproved by, the Council.

“Payment of N512,000.00 from funds budgeted for the purpose of National Steel Council, for privately accrued electricity charges by Ambassador A. Musafari on a private and/or personal property, without the knowledge, authorization, and/or approval of Council.

“Payment of N4,435,113.75 for Office Stationery/Computer Consumables without the knowledge, authorization, and/or approval by the Council.

“Payment of N166,000.00 for the purported maintenance of personal/private motor vehicles that the Council is neither aware of nor owns. This payment is without the Council’s knowledge, authority, and/or approval.

“Payment of N120,000.00 (One Hundred and Twenty Thousand) for the maintenance of personal/private Office Furniture for which the Council is not aware of ownership. This payment is without the Council’s knowledge, authority, and/or approval.

“Payment of N99,000.00 purportedly for the maintenance of Office/Residential Quarters that do not belong to, are unknown to, and/or authorized by Council.

“Payment of N470,000 for maintenance of Office/IT Equipment which ownership is unknown to, and/or does not belong to, the Council. This payment was not known to, authorized by, and/or approved by, the Council.

“Payment of N476,000.00 (Four Hundred and Seventy-Six Thousand) from public funds for maintenance of private and/or personal Plants/Generators. This payment was not known to, authorized by, and/or approved by, the Council.

“Payment of N107,000.00 for non-specific maintenance services that are not known to. authorized by, and/or approved by, the Council.

“Payment of N1,950,000 for cleaning and fumigation services for private and/or personal premises. This payment was hidden from, unauthorized by, and/or unapproved by, the Council.

“Payment of N4,995,287.50 for Motor Vehicle Fuel Costs for personal vehicles unknown to the Council. This payment was hidden from, unauthorized by. and/or unapproved by, the Council.”

The Council’s chairman, Murtala Aliyu, in a letter to the minister, described the suspension as necessary because Musafari had allegedly “failed, refused and/or neglected to avail the Council of any information concerning his activities on behalf of the council, if duly authorised.”

The letter noted that the Council could not investigate some of the allegations against the ES and advised that they should be reported to law enforcement agencies.

Aliyu said: “It is therefore necessary to forward the infractions which the disciplinary committee cannot investigate under the law beyond the documents presented, to the appropriate government agency e.g. the ICPC (Independent Corrupt Practices and Other Related Offences Commission) or the Police to act.

“The infractions against the Executive Secretary are too weighty being criminal in nature and therefore tainted with the commission of crimes which are also in violation of the Federal Government Financial Regulations Rules. These allegations should be reported to the appropriate law enforcement agency with investigative powers forthwith.”

He added, “With due respect and without prejudice to the powers of the Honourable Minister for Steel and the committee set up by him, we are of the opinion that these infractions have to be investigated as agreed by the Disciplinary Committee set up under the NSC Act.

“In view of these infractions which are to be investigated, there is the need to suspend the Executive Secretary as stipulated in the Act by the Appointing Authority, which must be informed of these infractions and the steps which the Council is taking in this matter.”

When SaharaReporters contacted Abdulkadir Musafari for a reaction, he declined to comment on the matter.

He simply told our reporter that “if you want to talk about the National Steel Council, please direct it to the Ministry of Steel Development”.

When asked what he meant, he said, “If you want to talk about steel council you should talk to the minister, please.”

Sahara Reporters…

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Adeleke swears in new Osun LG chairs, urges good governance

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Osun State Governor, Senator Ademola Adeleke, on Sunday, inaugurated the newly elected local government chairmen and councillors in the Saturday poll.

Adeleke urged them to focus on good governance while warning against any attempt to forcibly occupy council secretariats.

He also expressed gratitude to President Bola Tinubu for resisting attempts by some forces to destabilise Osun State.

Speaking at the swearing-in ceremony in Osogbo, the governor described the occasion as a major milestone in the state’s democratic process, emphasising that the election was conducted in line with due process.

“We are here to conclude a democratic process for which we all laboured so hard to achieve,” Adeleke said.

Before proceeding with his address, the governor called for a minute of silence in honour of those who lost their lives during the “illegal APC takeover of local government secretariats.”

The governor recounted the journey leading to the local government election, stating that the Osun State Independent Electoral Commission had duly followed all legal procedures.

“The state electoral body had issued due notice of election a year ago. I know the commission had complied with all extant rules and procedures which led to the emergence of new local government chairmen and councillors,” he stated.

While acknowledging the legal controversies surrounding the election, Adeleke affirmed that his administration acted within the ambit of the law.

“It is, however, a thing of joy that the facts are out in the public domain, and we are satisfied that we are on the side of the law within the context of the rule of law and the constitution,” he added.

Call for Good Governance….

Addressing the newly sworn-in officials, Adeleke charged them to be “agents of change, community developers, and deliverers of the dividends of democracy.”

“You have the mandate to deliver on good governance in your respective local governments.

“I charge you to develop plans of action within the manifesto of the Peoples Democratic Party (PDP).

“As our government is transforming the state for the better, I call on you to be agents of change,” he said.

The governor also appreciated the people of Osun for their steadfast support, assuring them that his administration would remain committed to their welfare.

“Osun people demonstrated courage and passion to exercise their voting rights, and they did so by massively supporting our party despite all the constraints. We will not fail you. People’s welfare will continue to be our watchword,” he promised.

Adeleke commended OSIEC, security agencies, and state officials for ensuring the success of the election.

Appreciation to Tinubu

In a significant moment, the governor expressed gratitude to President Bola Tinubu for resisting attempts by some forces to destabilise Osun State.

“I should not end this address without acknowledging the contributions of Mr. President, Senator Bola Ahmed Tinubu.

“I am most grateful to Mr. President for rejecting efforts by some forces to plunge Osun into chaos,” Adeleke stated.

He reaffirmed his commitment to upholding the rule of law and the constitution in governance and conflict resolution.

Warning Against Forced Takeover
The governor strongly advised the newly elected chairmen and councillors to avoid confrontation at local government secretariats, citing an ongoing legal process to resolve the leadership crisis.

“I urge you and your councillors to please stay away from the council secretariats to avoid any clash with those whom the police had aided to forcefully occupy the local government secretariats,” Adeleke cautioned.

He referenced an Osun State High Court ruling that had affirmed vacancies in both chairmanship and councillorship positions before the election on February 22, 2025, assuring that his administration would rely on the judiciary to remove those illegally occupying the secretariats.

“Please be patient and always abide by the rule of law,” he advised.

With that, Adeleke formally declared the swearing-in of the elected local government officials.

“It is on this note that I, Senator Ademola Jackson Nurudeen Adeleke, the Executive Governor of Osun State, hereby effect the swearing-in of elected local government chairmen across Osun State. Congratulations and God bless you,” he concluded.

 

 

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Alcohol, tobacco record highest inflation rate

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The National Bureau of Statistics has disclosed that alcoholic beverages, tobacco, and narcotics recorded the highest inflation rate at 14.80 per cent, according to its latest rebased Consumer Price Index for January 2025.

In a graphical illustration presented in its CPI report, the NBS noted that the alcohol and tobacco item division was followed by restaurants and accommodation services, which had an inflation rate of 14.14 per cent, while transport and clothing and footwear recorded 12.77 per cent and 12.73 per cent, respectively.

The report, which rebased Nigeria’s CPI to 2024 as the new base year, revealed that headline inflation stood at 24.48 per cent in January 2025, meaning that the general price level of goods and services rose significantly compared to the same period in 2024.

The report by the NBS read, “The rebased All Items index in January 2025 was 110.68, while the headline inflation rate on a year-on-year basis stood at 24.48 per cent in January 2025.

“This means that the general prices of goods and services in Nigeria increased by 24.48 per cent compared to January 2024.”

The CPI rebasing was necessary to reflect current economic realities and consumption patterns in Nigeria.

The rebased CPI structure covers 934 product varieties, classified under 13 divisions based on the 2018 Classification of Individual Consumption According to Purpose.

The divisions include food and non-alcoholic beverages, clothing and footwear, transport, housing and utilities, furnishings, health, communication, and education, among others.

The weighting structure was adjusted to account for changes in consumer spending, with food and non-alcoholic beverages maintaining the highest weight at 40 per cent, although it declined from 51.8 per cent in the previous base year of 2009.

According to the report, inflationary pressures varied across different categories, with food and beverages inflation at 10.64 per cent, reflecting the continued rise in staple food prices.

The personal care, social protection, and miscellaneous goods and services division recorded 12.04 per cent inflation, while furnishings, household equipment, and routine household maintenance saw an inflation rate of 11.48 per cent.

The health sector recorded 9.42 per cent inflation, while housing, water, electricity, gas, and other fuels increased by 7.61 per cent.

The education sector and insurance and financial services recorded the lowest inflation rates, standing at 4.88 per cent and 4.65 per cent, respectively. Information and communication, which was newly assigned a higher weight in the rebased CPI, had an inflation rate of 7.54 per cent.

The recreation, sport, and culture category recorded 6.85 per cent, highlighting moderate price increases in these services.

The NBS report highlighted the divergence in inflation trends between urban and rural areas, with urban inflation at 26.09 per cent, while rural inflation stood at 22.15 per cent.

This suggests that price pressures were more severe in urban areas, particularly in sectors such as housing, transportation, and restaurant services, where cost increments were more pronounced.

The rebasing exercise introduced new methodologies to enhance the accuracy of inflation tracking.

Data collection was fully digitised, replacing paper-based surveys with computer-assisted personal interviewing devices, which allowed real-time transmission and verification of price data.

The high inflation rate for alcoholic beverages and tobacco is linked to multiple factors, including excise duties, exchange rate volatility, production costs, and supply chain disruptions.

We further observed that Imo State emerged as the most expensive state to reside in Nigeria following the rebasing of the Consumer Price Index by the NBS.

The development marked a significant shift in Nigeria’s inflation rankings, as Bauchi, which held the top spot for seven consecutive months, was dethroned.

The change comes after the NBS updated its methodology, adjusting the base year from 2009 to 2024, revising the weighting structure, and expanding the consumer basket to better reflect household spending patterns.

Earlier, the Statistician-General of the Federation and Chief Executive of the NBS, Prince Semiu Adeyemi, said, “Rebasing our GDP and CPI allows us to align with these transformations, providing a more precise and relevant picture of Nigeria’s economic landscape.

“This process is foundational to informed policymaking, strategic planning, and effective governance; hence, it is one exercise that the NBS is conducting with significant importance and professionalism.”

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Fire guts MTN booster station in Oyo

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An MTN booster station located on the premises of the University of Ibadan, Oyo State, was gutted by fire on Saturday.

Our Investigations revealed that the fire, which broke out at the booster station within the Faculty of Nursing, was caused by an electrical surge.

One of the witnesses told our correspondent that “the incident occurred in the early hours of Saturday around 4 am.”

Another source said, “The incident affected the Mikano electrical generator, board, and other telecommunications gadgets in the booster station.”

When contacted in Ibadan, the state capital, the Special Adviser on Fire Services Reform to Governor Seyi Makinde and Chairman of the State Fire Services Agency, Moroof Akinwande, confirmed the incident.

He said the booster station belonged to the MTN.

He said, “The state Fire Service’s prompt response doused the fire at the MTN booster station beside the Faculty of Nursing, University of Ibadan.

“The fire incident was reported exactly at 04:00 hrs on Saturday, February 22, 2025.

“The fire personnel, led by ACFS Olubunmi, were promptly deployed to the scene and arrived on time.

“On arrival, we met the Mikano electrical generator and board on fire. We quickly joined hands with the university’s fire marshals, and the fire was extinguished completely. The fire was caused by an electrical surge”, he explained.

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