General News
Corruption – Goodluck Jonathan Doled Out N100bn & $295million Cash in Two Weeks’ – VP Osinbajo
Vice-President Yemi Osinbajo has said that the massive looting of the nation’s resources by the immediate past administration of President Goodluck Jonathan is responsible for the economic crunch the country suffers from under the present administration.
Speaking yesterday in Lagos at a ‘Greater Nigeria Pastors Conference’ organised by Rev. Yomi Kasali’s-led Berean Ministers Group, Osinbajo said the Nigerian system is deeply infested with corruption, adding that graft should be pointedly tackled at all levels of institution. According to him, the Muhammadu Buhari-led administration decided to borrow to fund the budget because the nation’s earning had dropped and millions of Naira are still unaccounted for in the last administration.
He said: “The theft of resources in this country is the first and primary reason for our poverty.
That is why we have to address the issue of corruption pointedly, not once in a while because the system is corrupt; it is a corrupted system that we are running. This is not a system where corruption is just an exception, corruption is generally the rule in the Nigerian system.
“It is easy to say how come we don’t have money or why are we borrowing money? If you as an individual have N1million and somebody stole N900,000 from it, you won’t ask the question how come I am poor? You will immediately tie the theft of your money to your poverty. “When we came in, we had a foreign reserve of $32 billion, but there was $15billion used for defence contract that was unaccounted for.
Weeks before the 2015 elections, the government then, gave out N100billion in cash and $295million in cash ostensibly for security within two weeks. Those are the reasons why we don’t have money.”
Osinbajo stated that despite earning the lowest from oil in the past 15 years, the Buhari administration had spent more on infrastructure and social service than any government in the history of the country. Speaking on the Abdulrasheed Maina’s saga, the VP said the ex-pension reform task force head was an ally of the PDP, adding that the president will decide on the matter soon.
“Many of us know what happened to Maina. He was the person that was supposed to head a pension reform commission.
He was accused of several different offences.
“I am sure that many of us followed the story then because so many things were supposed to have happened; he was supposed to have been living at a time in Aso Rock, he was supposed to have been protected by the government at a time and all that.
“And at some point, he ran away, nobody could find him anymore. He surfaced and when he did that was when we now found that he is back. What the president did as soon as he heard that this has transpired was to immediately say how could this happen and he ordered his immediate disengagement.
While stating that he wont be able to preempt what step the president will take next on the matter, the VP said,
“When you look at the huge structure of the federal government of Nigeria, you may be able to hide somewhere for a day or two, they will fish you out.
Maina had not even been there for a week before he was disengaged,” Osinbajo said. On Kachikwu-Baru saga, the VP said the issue over time has been who is responsible for the approval of contract within certain levels between the Board of NNPC and NNPC Tenders Board.
He noted that there are many conflicts within Ministries, adding that the “ the only reason why this has become an issue is because it became a public document and once it became public document, people started making all forms of insinuation and twist. It is a normal conflict which can only be resolved by the SGF or the Federal Executive Council.
If you look at the NNPC law, it says only the President can approve all contracts over a certain sum. “ On the delayed of action over the suspended Secretary to the Federal Government report, Osinbajo said, “The president will decide very soon, I am sure we will get a response from him soon.
But as you know, he remains suspended and the president will certainly speak on the matter soon.” Speaking on the military action on IPOB and its proscription, Osinbajo said, “There have been an agitation before now from MASSOB and it was never proscribed. Part of the reason why IPOB took a different turn was because first, there were issues around setting up a security force by the IPOB and secondly, the attack on the police station and the killing of policemen.
These are actions that are not acceptable. “If all you are doing is advocating and saying that you want your state or country, although its unconstitutional until you amend the constitution, still nobody will go after you.”
At 31, Lagos-born Espago is redefining what it means to be a late bloomer in the Nigerian music
space. After spending years as a chef, designer, and farmer, Espago turned to music just a year
ago on a journey sparked by deep loss, life experience, and self-discovery.
What makes him different? It’s not just his sound, it’s his story. Espago brings a calm but
confident energy that mirrors his Lagos upbringing: a blend of vibrant Fuji rhythms and soulful
Afrobeat traditions like King Sunny Ade, shaped by global legends like Michael Jackson and
Celine Dion. His voice? Professionally trained. His brand? Stylish, grounded, and intentional.
Espago didn’t wait for the industry to find him; he found his own way in, teaching himself,
searching out producers, and building his identity from scratch. With no major label backing and
no big-name features, he has still built a brand marked by boldness, emotion, and Lagos street
authenticity.
He’s not just making music; he’s building a lifestyle brand. His creative roots are in food,
fashion, and music fused into something richer than just a “sound.” It’s a full experience. While
he hasn’t performed live yet, he’s putting in the work behind the scenes, mentoring new artists,
recording regularly to sharpen his voice and brand for bigger stages ahead.
In a scene dominated by speed, Espago’s journey is about intentional growth, honest
expression, and emotional connection.
As the new class of Afro‑HipHop begins to take shape, Espago stands out not just for what he’s
making, but for who he is becoming.
Rising artist Derriq isn’t just making music for entertainment; he’s building a legacy rooted in culture, resilience, and pride. The Lagos-based Afro-soul and Afrobeats singer has his eyes set on something bigger than streaming numbers: putting his hometown of Benin City on the global creative map is his dream.
A native of Edo State, Derriq’s musical journey began as a child organizing school parties just for the chance to perform. Since then, he’s gone from studio assistant to full-fledged artist, releasing impactful tracks like “Position,” “Vibration,” and “Confidence.” His sound, described as smooth, calm, and party-ready, reflects the duality of his personality: laid-back yet determined, quiet but powerful.
Derriq is more than just a promising name on Nigeria’s growing music roster; he’s a symbol of the next generation of artists who blend regional identity with global appeal using his distinctive voice, a strong sense of direction, and his signature slang “Yehboo! Yezaiii!” making waves among fans, Derriq is proving that cultural authenticity still cuts through the noise.
His next single, “Omo n’ Ogie,” is a tribute to his heritage and a signal that he’s just getting started. Keep your eyes on Derriq, he’s not just singing for the moment, he’s singing for a movement.
Follow @DerriqMusic on all social platforms
For interviews and press: derriqmusic@gmail.com
Good morning! Here is today’s summary from Nigerian Newspapers:
1. President Bola Tinubu will address the nation in a broadcast today, Sunday, August 4, 2024. Mr Ajuri Ngelale, Special Adviser to the President on Media and Publicity, announced this in a statement, on Saturday, saying the broadcast would hold at 7am.
2. The Commissioner of Police in Borno State, Yusuf Lawal, on Saturday confirmed the killing of four persons along Baga Road in Maiduguri, Borno State during the nationwide #EndBadGoverment protest. He said Boko Haram elements infiltrated the protesters and killed four persons on Thursday with explosives at a filling station.
3. Many persons have been feared killed while others sustained injuries as hoodlums clashed with security operatives in Kano. It was gathered that Rijiyar Lemo, Kurna to Bachirawa areas in Fagge Local Government, Kofar Nassarawa in Kano municipal and Unguwa Uku area of Tarauni Local Government are the worst hit areas.
4. The leadership of the organised labour, on Saturday, warned the Nigeria Police Force and other security forces to stop what it described as a “massacre” of protesters carrying out nationwide demonstrations against hunger in the land.
5. Leading Human Rights group, Amnesty International Nigeria, has said over 50 protesters were arrested in Abuja on the third day of the demonstration against hardship in the land.
6. Former Vice-President Atiku Abubakar has urged the police and other security agencies to stop shooting and killing protesters demanding good governance in Nigeria. Atiku in a statement on Saturday, questioned the professionalism of the security agencies in the handling of the ongoing demonstrations.
7. Some of the organisers and supporters of the ongoing protest have set up pages to raise over N4bn through GoFundMe, a popular online crowdfunding platform. A check on Saturday showed that a total of N4.1bn had been benchmarked to be donated through accounts created by three GoFundMe users.
8. Tragedy struck again in Imo State on Saturday evening when some gunmen reportedly shot dead the President-General of Umucheke Okwe autonomous community in Onuimo Local Government Area of Imo State, Hyginus Ohazurike. Six village heads from the autonomous community were also allegedly killed by the gunmen.
9. The Federal Capital Territory Commissioner of Police, Bennett Igweh has said his men were not responsible for the death of a teenager in the Kubwa area of the FCT. In a viral video, a man claimed that police, while dispersing protesters, shot dead a teenager in the Kubwa area.
10. The Minister of Budget and Economic Planning, Atiku Bagudu has said President Bola Tinubu is keeping an eye on the ongoing #EndBadGovernance demonstrations across the country.
-
Audio10 years agoPage – Day Break Everywhere Burst
-
Audio5 years agoShadykarz – Forever
-
Audio10 years agoJuniorboy ft. 9ice – IRAPADA
-
Entertainment Gists5 years agoEx-Beauty Queen, Sandra Benede Shares Sexy Photo
-
Audio5 years agoSimi – Happy Birthday ft. Adekunle Gold, DeJa
-
Audio5 years agoRuger – Bounce
-
Mixtapes4 years agoMixtape: DJ DimpleNipple – The Best Of Amapiano Thrills
-
Editorials3 years agoSa’eedah Imam On Creating Her Imprint In The Nigerian Music Industry As An Emerging Creative Writer