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How Previous Govt Shared N10bn Abia Airport Fund – Gov Otti

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By Eric Elezuo

The coming of Dr. Alex Otti as the governor of Abia State since May 2023 has continued to generate discourse in the political cycle as a result of the vote of confidence he has received across party, regional and ethnic divides.

Otti’s landmark achievements in less than a year in office, especially in infrastructural development in the commercial city of Aba, seems to have catapulted him to the highest echelon of administrative excellence in the state, dwarfing the 24 years experience of administrations of the Peoples Democratic Party (PDP). Otti is of the Labour Party.

Among his activities as governor include the exposure of grey areas in previous administration, especially as concerns his immediate predecessor, Mr. Okezie Ikpeazu.

Otti had alleged while making a presentation at the Johns Hopkins University School of Advanced International Studies. Washington DC, United States that a forensic audit revealed how the immediate past government of Abia State released some funds to some contractors to handle the construction of a state-owned airport and other infrastructure believed not to be in existence.

But Ikpeazu denied through his spokesman, Onyebuchi Ememanka, tagging the report as a tissue of lies, intricately woven by a spin doctor to deceive his audience. He also said that Otti has deep hatred for him, and has targeted him for attacks.

The statement reads in part, “Our attention has been drawn to trending reports of a speech delivered by the Governor of Abia State, Dr Alex Otti at a forum somewhere in the United States of America, wherein he made certain allegations against his predecessor in office, Dr. Okezie Ikpeazu, bothering on financial malfeasance.

“Ever since leaving office as Governor of Abia State for two consecutive terms, Dr Okezie Ikpeazu has carried himself with the dignity his present situation in life demands and has, as a matter of personal policy, avoided any confrontation with the present Governor and his administration.

“At best, what Dr. Ikpeazu has authorized are clarifications whenever the current administration seeks to misinform the public about what transpired during the last administration. Clear instances of these abound and a few of them shall be highlighted later in this release…”

Most other loyalists of the former as well as PDP apologists, including a group that called itself Centre for Reform and Public Advocacy, have also criticized Otti for his statement.

In a letter signed by a member of the group’s board of directors, Ukpai Ukairo, they demanded “A copy of the Forensic Audit Report which Governor Alex Otti, the Executive Governor of Abia State referred to and relied upon in his Town Hall Meeting in the United States of America to allege that His Excellency, Victor Okezie Ikpeazu’s administration paid billions of Naira for an airport and to un-named contractors…”

It is imperative to note that Mr. Ukairo has been the Legal Adviser of the South East PDP.

But the Abia State governor, has again said he will soon make public the forensic audit report which indicted his predecessor, of diverting billions of state funds meant for projects to individual company accounts.

He also said the immediate past administration transferred the said N10 billion airport funds into 32 different company accounts before it was shared, adding that the money had already been transferred out of the state government account before they approached the Abia State House of Assembly for approval.

The governor’s clarification came on the heels of the previous statement in the US, and the reactions that followed, This was during his monthly media chat, tagged “Governor Alex Otti Speaks to Abians” held at Government House Umuahia on Thursday.

While noting that the denial of the former governor was not unexpected, Otti pointed out that it was reported in the media, that instead of denying spending the fund, they then claimed that they used it for road construction which is against the evidence available.

According to the governor, the management of the company (FEROTEX Construction Company) has admitted that the company never applied to be awarded the aborted airport project under the past administration

He maintained, however, that when the report would eventually be published, the rest of the work would be handled by security agencies, insisting also that his interest is for the money to be refunded rather than taking anyone to jail.

“The immediate past governor’s denial is not unexpected. When it was announced, they went to the media abusing the government and saying that the government lied.

“It is a report by KPMG which says that they diverted the money into roads. In the bank statement on the 26th of September 2020 when people were dealing with COVID-19, a debit went into the state account for N10 billion and it was payment for an 80 per cent contract of the Abia airport.

“It’s true and incontrovertible. The statement is there, the report is there. By the way, the report will be published very soon.

“But I can assure you that as reported by the media, it’s KPMG that did the forensic audit.

“So, clearly something went wrong. Our engagement with the company that received the money gives the impression that the company was deceived. The Managing Director of the company said that he told them that he had never built an airport before and that it is not his area of competence neither did he apply to them to construct an airport.”

Otti’s mention of the company involved in the audit puts to rest the claim that the governor was witchhunting his predecessor. And again, the procedural sharing of the amount also revealed that something actually went wrong with the said N10 billion.

The following days will reveal more even as pro-Ikpeazu group will seek more ways to defend their principal.

“It’s very simple; all those defending the theft of the N10 billion participating in the looting otherwise they won’t have a moral ground to defend illegality. They should all be investigated,” an analyst told The Boss.

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Dangote Launches Historic ₦1trn Scholarship Scheme for 1.3m Students

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The Chairman of the Aliko Dangote Foundation (ADF), Aliko Dangote, has launched a ₦1 trillion scholarship programme targeting more than 1.3 million Nigerian students over the next decade.

The initiative, the largest private-sector education support scheme in Nigeria’s history, will begin in 2026 with ₦100 billion disbursed annually across all 774 local governments.

The programme focuses on vulnerable learners, supporting undergraduate STEM students, technical trainees, and secondary school girls through tuition aid, study materials, and essential learning supplies.

It will be implemented through a fully digital, merit-based system in partnership with NELFUND, JAMB, NIMC, NUC, NBTE, WAEC and NECO.

Dangote said the intervention is a strategic investment in Nigeria’s future, stressing that financial hardship—not lack of talent—is the major barrier keeping many young people out of school. He added that 25 percent of his wealth has been committed to sustaining the Foundation’s long-term programmes.

Vice President Kashim Shettima described the scheme as a transformative act of nation-building, noting that it complements government reforms in basic, tertiary and technical education.

Education Minister Tunji Alausa said the programme aligns with the administration’s goal of transitioning Nigeria into a knowledge-driven economy, while Lagos State Governor Babajide Sanwo-Olu, speaking on behalf of his colleagues, pledged the governors’ full support.

Traditional rulers including the Emir of Lafia, Justice Sidi Dauda Bage, who chairs the programme’s steering committee, and the Ooni of Ife, Oba Adeyeye Ogunwusi, praised the initiative as unprecedented in scope and impact.

UN Deputy Secretary-General Amina Mohammed also commended the scheme, saying it will create conditions for children to learn and families to thrive.

The scholarship initiative reinforces the Aliko Dangote Foundation’s mission to expand opportunities, drive social impact and improve the wellbeing of communities across Nigeria.

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Yakubu, Fani-Kayode, Ikpeazu, Others Scale Senate Screening Hurdle for Ambassadorial Positions

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The Senate Committee on Foreign Affairs, on Thursday, approved the nomination of former Minister of Aviation, Femi Fani-Kayode, for appointment as ambassador.

Other nominees cleared by the committee include former Minister of Interior Abdulrahman Dambazau, ex-special adviser on new media to former President Goodluck Jonathan, Reno Omokri, former presidential aide, Senator Ita Enang, and Senator Grace Bent.

Also confirmed were former INEC Chairman, Mahmood Yakubu; former Governor of Enugu, State Ifeanyi Ugwuanyi, and former Governor of Abia State, Victor Okezie Ikpeazu, among others.

The screening session, conducted in batches of five nominees each, experienced a mild drama during Omokri’s turn.

Senators Mohammed Ali Ndume and Adams Oshiomhole openly disagreed on how his clearance should proceed.

After Omokri’s batch had introduced themselves, Ndume moved a motion to allow the nominees to take a bow and leave.

Some senators, including Oshiomhole, indicated they wanted to comment.

The Committee Chairman, Senator Abubakar Sani Bello, recognised Oshiomhole to speak, but Ndume insisted that his motion should be seconded before allowing further interventions.

This led to a sharp disagreement between the two senators.

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Tinubu Reiterates Directive on Withdrawal of VIP Police Protection

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President Bola Tinubu has insisted on his earlier directive ordering the withdrawal of police officers from very important persons (VIPs) in the country.

On November 23, Tinubu ordered the immediate withdrawal of police officers attached to VIPs across the country during a security meeting with the inspector-general of police (IGP), the chiefs of army and air staff, and the director-general of the Department of State Services (DSS).

The president said the move was aimed at boosting police presence in communities, especially remote areas where stations are understaffed and citizens remain vulnerable to attacks.

Speaking at the opening of the federal executive council (FEC) meeting on Wednesday, Tinubu warned against non-compliance and directed Nuhu Ribadu, national security adviser (NSA); Ibrahim Gaidam, minister of police; and Kayode Egbetokun, the IGP, to follow up on the implementation of the order.
The president noted that police officers were trained to protect the lives and property of citizens, particularly the most vulnerable in society, adding that the protection of a select group of VIPs is not their responsibility.

The president ordered Olubunmi Tunji-Ojo, the minister of interior, to make arrangements for the replacement of police officers by civil defence corps.

“If you have any problem because of the nature of your assignments, please contact the IGP and get my clearance,” he said.

“The National Security and Civil Defence Corps are trained for VIP protection, and they are armed too.

“We face challenges here and there of kidnapping, banditry and terrorism. We need all forces utilised. I know some people are exposed; we will make the exceptions. The civil defence is very much around.”

Tinubu said there is a need to mobilise the police appropriately due to the country’s security challenges.

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