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Osun Accountant General Resigns, Warns Banks against Withdrawal

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The alleged resignation of the Accountant General of Osun State, Mr. Alaba Kolawole, has sparked controversies and allegation of fraud against the administration of Governor Rauf Aregbesola-led government in the state.

There are claims that the Accountant General, who celebrated his 60 birthday in July, was granted an extension of service by the governor until October but Kolawole reportedly tendered his resignation on Friday.

He was said to have written letters to some commercial banks that they should no longer honour any cheque bearing his signature starting from Monday, September 10.

But the Commissioner for Information in the state, Mr. Adelani Baderinwa, when contacted told our correspondent that the accountant general did not resign but that he retired on the account of clocking the mandatory age of 60.

The commissioner later issued a statement on Kolawole’s retirement and said Aregbesola had accepted the resignation and wished him well in his future endeavours.

The statement read, “The Accountant General of the State of Osun, Mr. Alaba Kolawole, has retired  from  the service.

“Mr. Kolawole retired from service, having gotten to the threshold age of 60 years a few weeks back, in line with the civil service rules and practice.

“He had served the state meritoriously in various capacities since he joined the service some decades ago and he was appointed the Accountant General of the state by Governor Rauf Aregbesola in 2012 when he reached the pinnacle of his career.

“Mr. Kolawole was known to be diligent and hard-working in his duties while in office and the service will miss him and his contributions.”

But the Peoples Democratic Party in the state has linked the alleged sudden resignation of Kolawole to the secret release of N16.67bn election fund to Osun State by the All Progressives Congress-controlled Federal Government.

The state Chairman of the PDP, Mr. Soji Adagunodo, who said this in a statement, also called on anti-corruption agencies to investigate the development.

Adagunodo added that the issue also confirmed the several concerns raised by the PDP about the manner in which Aregbesola had been handling the finances of the state in the last eight years.

The PDP also berated the Federal Government for allegedly secretly funding the APC election through a selective disbursement of Paris Club refund to Osun State.

The statement read, “The sudden and controversial resignation of the Accountant General of Osun State, Mr Alaba Kolawole, is  linked to the secret disbursement of a sum of  N16.67bn  election funds to the state by the Federal Government.

“We also have it on good authority that top officials of the Ministry of Finance and the Accountant General  have raised concerns about the manner in which Governor Aregbesola is applying another N13bn recently refunded to Osun State for federal roads purportedly rehabilitated by the state.”

The opposition party expressed surprise at why the governor had not paid arrears of workers’ 34 months salaries and pensions.

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Disu Inaugurates Committee for Implementation of State Police

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The Inspector-General of Police, Tunji Disu, on Wednesday inaugurated an eight-member committee to oversee the implementation of state police and the rollout of his policing vision, following his confirmation as the 23rd indigenous IGP.

TVC reports that Disu held his first formal engagement with senior police officers since his confirmation, days after the Nigeria Police Council unanimously ratified his appointment, clearing the way for his swearing-in by President Bola Tinubu at the Presidential Villa.

Professor Olu Ogunsakin was appointed to lead the eight-member state police committee.

Addressing the top hierarchy of the force, the IGP said leadership is “not about position but responsibility,” stressing that professionalism and accountability must guide conduct and operations across commands nationwide.

He emphasised that authority is strongest when exercised with restraint and that respect for human rights must remain fundamental, adding that every Nigerian should be treated with dignity, fairness, and justice, regardless of status or background.

Disu also announced plans to strengthen internal oversight, directing that the Public Complaint Unit and X-Squad be empowered to operate independently.

On decentralisation, he said the move would allow different levels of government to play an active role in security.

The inauguration of the state police implementation committee comes at a critical time for the Nigeria Police Force, following a leadership change at the top.

President Bola Tinubu appointed Disu as the Acting Inspector‑General of Police on February 24, 2026, after the resignation of his predecessor, Kayode Egbetokun.

Disu’s elevation followed a meeting between the outgoing IGP and the President at the Presidential Villa in Abuja, and his appointment was later unanimously endorsed by the Nigeria Police Council.

He is expected to be formally sworn in as substantive IGP during the Federal Executive Council meeting on Wednesday.

Disu’s appointment comes amid heightened concern over security challenges across the country, including rising cases of kidnappings, banditry, and community attacks.

The state police initiative championed by the current administration is part of broader security sector reforms aimed at decentralising policing powers to enhance responsiveness at local levels.

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Senate Rescinds Resolution Seeking Sack of Magaji As CAC Registrar-General

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The Senate Committee on Finance, on Monday, rescinded its resolution seeking to remove the Registrar-General of Corporate Affairs Commission (CAC) Mr. Hussaini Ishaq Magaji (SAN), from office.

The committee, which is chaired by Senator Sani Musa, had on Thursday last week called on President Bola Tinubu to sack Magaji for ignoring parliamentary invitations to give an account of the operations of his agency.

But, at its resumed sitting in Abuja on Monday, the committee reversed itself after Magaji showed up, expressing remorse for his actions and apologising to the lawmakers.

It was the Chairman of Senate Committee on Customs, Senator Jibrin Isa (Kogi-East), who came to Magaji’s rescue by moving a motion, urging the committee to rescind the earlier resolution.

He was seconded by Katsina-North senator Nasir Musa Zango Daura.

However, before he got a reprieve, Musa criticised Magaji over his conduct, noting that he had no regard for the Legislature.

He stated, “This committee is not happy with you for your persistent refusal to appear before it in the past or sending junior officers to it. That’s not acceptable.

“The constitution grants us oversight powers over all revenue-generating agencies. At our last sitting, the committee recommended your removal, but you appeared shortly after our pronouncement.

“We want an explanation.”

Magaji immediately apologised for his behaviour, pleading that such would not be repeated again.

He blamed the development on communication breakdown, which he would address by establishing a liaison office at the National Assembly to improve interactions between the two sides.

“Mr Chairman, I sincerely apologise to the committee. I was returning from Lagos and asked my team to inform the committee ahead of time. Unfortunately, I arrived late.

“We have now created a dedicated liaison office to handle interactions with the National Assembly. I assure you this will not happen again. I take full responsibility and hold this committee in high esteem,” he added.

His show of remorse led to the withdrawal of the resolution with a warning not to ignore legislative invitations next time.

During last Thursday’s sitting, the committee had accused Magaji of failing to honour the Senate’s invitations to account for the finances of his agency.

“He refused on so many occasions to honour our invitation to appear before this committee.

“We have issues with the reconciliation of the revenue of CAC.

Each time we invite him, he gives us excuses,” Musa said as the committee passed the resolution.

A former Governor of Abia State, Senator Orji Uzor Kalu, had moved the motion for his removal.

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NELFund Extends Deadline for Student Loan Applications Nationwide

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The Nigerian Education Loan Fund (NELFund) has extended the deadline for student loan applications following a surge in nationwide interest driven by its ongoing sensitisation campaign across the country.

The extension comes after an earlier notice issued by the Fund announcing that the student loan application portal would close on February 27, 2026.

The Director, Strategic Communications of NELFund, Mrs. Oseyemi Oluwatuyi, who conveyed this in a statement on Monday in Abuja, said growing feedback from students, tertiary institutions, and other stakeholders prompted the management to grant additional time to enable more eligible applicants to complete the process.

NELFund explained that the decision was informed by the sharp increase in applications and inquiries recorded in recent weeks, as awareness of the Federal government’s student loan scheme continues to expand nationwide.

According to the Fund, the extension is aimed at accommodating students who require additional time to finalise their applications, as well as prospective beneficiaries who only recently became aware of the programme during nationwide sensitisation engagements.

The additional window would also support institutions newly commencing their 2025/2026 academic session and those yet to submit verified student data required for processing applications.

The Managing Director and Chief Executive of NELFund, Mr. Akintunde Sawyerr, reaffirmed the agency’s commitment to inclusivity and equitable access to tertiary education financing.

He noted that the extensive sensitisation campaigns conducted across the six geopolitical zones significantly boosted awareness and participation in the scheme.

“Our sensitisation efforts have increased nationwide participation.
In line with our mandate to expand access to tertiary education financing, we have approved an extension to ensure all eligible students have a fair and equal opportunity to apply,” he said.

NELFund further advised institutions that have not commenced the 2025/2026 academic session to formally request an extension, accompanied by their approved academic calendar, for consideration by the Fund.

Students were strongly encouraged to utilise the extended period to complete their applications through the official NELFund portal before the final closure date.

The Fund reiterated its commitment to transparency, accountability, and sustainable student financing initiatives aimed at removing financial barriers to higher education in Nigeria.

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