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Finance

SERAP Sues NNPC Over Missing ₦500bn Oil Money: “Account for 2024 Shortfall Now!

Transparency watchdog SERAP has filed a high-stakes lawsuit against NNPC Limited, demanding accountability for ₦500 billion in missing oil revenues from late 2024. The move follows explosive World Bank reports showing NNPC remitted only ₦600bn of ₦1.1tn earned October-December 2024. ⚖️ Lawsuit Breakdown In *Suit No: FHC/L/MSC/553/2025* (Lagos Federal High Court), SERAP seeks: Court Order: Force NNPC to disclose whereabouts of unremitted ₦500bn Corruption Probe: Invite anti-graft agencies to investigate/recover funds Prosecutions: Identify and punish responsible officials Immediate Remittance: Return funds to Federation Account NNPC’s Controversial Defense: "FOI Act doesn’t apply to us" – Afe Babalola & Co (NNPC’s lawyers) SERAP’s Counterargument: "Supreme Court already ruled FOI Act covers ALL public records – including NNPC’s." 💰 Why This Matters SERAP argues this missing money: 📉 Worsens Nigeria’s debt crisis and deficit spending 🚫 Denies states/local governments critical allocations 🏥 Deprives citizens of essential services amid cost-of-living crisis ⚖️ Violates Constitution (Sections 13 & 15) and UN Anti-Corruption […]

Mujahid Yusuf June 2, 2025

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Ahafo

Mahama’s Government Shows Promise but Faces Looming Challenges – Experts

President John Dramani Mahama's return to Ghana's highest office has been met with both optimism and caution. While his administration has initiated several reforms and fulfilled a significant portion of its early promises, experts highlight persistent challenges that could impede sustained progress. In his first 120 days, President Mahama claims to have fulfilled 72% of his pledges, including the launch of a code of conduct for government officials and the initiation of investigations into unresolved murders and financial scandals . These actions underscore a commitment to transparency and accountability. However, analysts point out that some of these achievements may be overstated, noting that systemic issues like corruption and bureaucratic inertia remain deeply entrenched . The administration's economic reforms, while ambitious, are still in their infancy and face execution challenges, particularly in creating sustainable job opportunities . Furthermore, Ghana's economy, though […]

Ahmad May 8, 2025

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Uncategorized

GH₵20,000 gift unlikely to influence ministers’ decisions – Kwakye Ofosu

In the wake of discussions surrounding a GH₵20,000 gift presented to Guinness World Record contender Afua Asantewaa during her sing-a-thon attempt, Felix Kwakye Ofosu, Ghana's Minister of State in charge of Government Communications, has addressed concerns about the potential influence of such gifts on ministerial decisions. While specific statements from Mr. Kwakye Ofosu regarding this particular incident are not available in the provided sources, his consistent emphasis on fiscal responsibility and transparency in governance suggests a stance that such gifts are unlikely to sway ministers' decisions. In previous statements, he has highlighted the government's commitment to efficient governance and responsible use of public funds . The controversy began when Afua Asantewaa claimed that the only assistance she received from the former Vice President, Dr. Mahamudu Bawumia, was medication for a sore throat. This statement was challenged by Salam Mustapha, the […]

Ahmad May 8, 2025

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EASTERN

Nathaniel Johnson eyes GOC Board role to champion transparency and federation empowerment

Nathaniel Johnson, President of the Ghana Karate-Do Federation, is contesting for one of three co-opted member slots on the new GOC Board, bringing with him a strong track record of hands-on leadership and a passion for institutional accountability. In an exclusive interview, Mr. Johnson made it clear that his ambition is not driven by prestige, but by a desire to inject a new level of responsibility and vision into the GOC. “Looking at the impact I made in karate, I think that if even 50% of that is brought to the GOC, we will go far,” he stated. “Currently, they don't have money to push themselves. Even sourcing sponsorships is a struggle. We need stronger hands.”Mr. Johnson, who took over leadership of the Ghana Karate-Do Federation in February 2023, lamented the limited support and engagement federations receive from the GOC. […]

Ahmad April 23, 2025

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Greater Accra

Minority Demands Transparency on Seized Gold and Cash

The Minority in Parliament is pressing the government for an explanation regarding the seizure of gold and cash by National Security in February. They are calling for clarity on the value of the assets, which they claim are worth billions of dollars.At a recent press conference, Rev. John Ntim Fordjour, the Member of Parliament for Assin South, revealed that the seizure occurred in southern Accra, where 12 containers filled with gold bars and an unspecified amount of US dollars and Ghanaian cedis were found. Despite the operation being widely reported, there have been no updates from National Security in nearly two months.The Minority is demanding transparency from the government, questioning the total amount of the seized assets and what will happen to them. The government has not disclosed the ownership of the gold and cash or its plans for the […]

Muhammad Saminu April 2, 2025

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Nigeria

LG Autonomy: Gov Eno Warns Chairpersons Against Misuse Of Allocations

Akwa Ibom State governor, Pastor Umo Eno has disclosed that the 31 local government areas of the state have started collecting direct statutory allocations based on the LG autonomy granted them by the President Bola Tinubu-led federal government. The governor, however, warned that he would not brook any excuses from erring council Chairman who indulges in funds misappropriation at the detriment to the development of the third tier administration, which he noted, remains the closest to the grassroots dwellers. Governor Eno stated these while flagging off the maiden constituency briefing and Town Hall meeting across the 10 federal constituency at Abak local government stadium. Eno, who announced a N5.1 billion package as grants for traders across the constituencies, charged the Chairmen to work in synergy with the state government for enhanced grassroots empowerment and infrastructural development. No fewer than 833 […]

Ahmad March 10, 2025

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Ahafo

Mahama Declares Assets, Gives Appointees March 31 Ultimatum

President John Dramani Mahama has taken a bold step towards transparency by publicly declaring his assets and urging his appointees to follow suit by March 31, 2025, or risk dismissal.In an unprecedented move, Mahama submitted his asset declaration documents to Auditor-General Johnson Akuamoah-Asiedu, marking the first time a sitting president in Ghana has made the process public. This act aligns with Article 286 of the 1992 Constitution and the Public Office Holder's Declaration of Assets and Disqualifications Act (Act 550).Mahama emphasized that making asset declarations more transparent could be a powerful tool in the fight against corruption. He stated that while punishing corruption is crucial, preventing it through accountability measures like asset declarations is even more effective.The Auditor-General supported calls for reforming the current asset declaration system, highlighting concerns about verifying the accuracy of declared assets. He proposed that such […]

Edem 4Style February 19, 2025

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OTI

Gabriel Kwamigah Denies $7 Million Gold Fraud Allegations.

Gabriel Adovoe Kwablah Kwamigah, a Volta Regional Council of State aspirant, has vehemently refuted accusations linking him to a $7 million gold fraud scheme. His campaign team dismissed these allegations as unfounded and part of a smear effort aimed at tarnishing his reputation.Kwamigah, a respected businessman, emphasized that he has never been involved in any fraudulent activity, stressing that his gold sector transactions are legitimate, supported by proper licenses, and adhere to national and international trade regulations.The campaign team called on the public to disregard these claims and focus on Mr. Kwamigah’s dedication to serving the Volta Region. They also reaffirmed his commitment to integrity and warned that legal actions would be pursued against anyone spreading defamatory accusations.

Edem 4Style February 4, 2025

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Greater Accra

Mahama to Launch Probe Into National Cathedral Controversy.

President John Dramani Mahama has announced plans to investigate the controversial National Cathedral project following recommendations from the Commission on Human Rights and Administrative Justice (CHRAJ). Speaking at a National Prayer and Thanksgiving Service in Accra on January 12, he stated that the government is committed to auditing the project and addressing allegations of misappropriation of public funds.Highlighting the project’s high costs, Mahama compared it to Nigeria’s National Ecumenical Centre, built for $30 million, and emphasized the need for a more cost-effective approach, including potentially relocating the project.The event, held at the University of Professional Studies, attracted political figures, religious leaders, and the public. Key Christian leaders, including Archbishop Nicholas Duncan-Williams and Bishop Charles Agyinasare, offered prayers for Mahama and the nation’s future.The President stressed the importance of prioritizing essential projects like education and healthcare while fostering unity among Ghanaians. […]

Edem 4Style January 13, 2025

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Ahafo

Only NPP looting Squad unhappy about ORAL – Ablakwa

The Operation Recover All Loot (ORAL) initiative, led by Samuel Okudzeto Ablakwa, is gaining widespread support among Ghanaians outside the ruling NPP. ORAL seeks to recover state assets allegedly misused under the current administration.Ablakwa emphasized that ORAL is a non-partisan effort to restore accountability and ensure public resources are used for the benefit of all. He encouraged citizens to provide credible information on suspected corruption cases and reiterated that the mission is rooted in fairness, justice, and the responsible use of state wealth.The initiative includes plans to review public records, collaborate with international partners, and pursue legal action to reclaim misappropriated assets. Ablakwa remains optimistic about achieving the team’s goals despite resistance from some quarters.He assured the public that ORAL is a national cause and called for collective action to safeguard Ghana’s future.

Edem 4Style December 23, 2024

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