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NIRSAL MD, ALIYU ABDULHAMEED IN 5 BILLION NAIRA FRAUD

Published

5 years ago

December 20, 2019

…1 BILLION NAIRA TRACED TO HEAD OF FINANCE’ PERSONAL ACCOUNT

…3 HEADS OF DEPARTMENT CURRENTLY IN POLICE CUSTODY

…….POWERFUL NIGERIANS PRESSURISING POLICE TO HALT INVESTIGATIONS

The project was a failed wheat farm and processing project in Jigawa State that was singlehandedly handled by one of the aides to the MD of NIRSAL. The project is to the tune of N5 billion naira with no farm nor processing equipment to support such huge amount.

NIRSAL gave its Credit Risk Guarantee worth 75% on the loan obtained from Keystone Bank while also collateralising the loan with its deposit in the bank for a third party transaction totally against Best practice.

Aliyu used many phoney companies that were barely three months in existence to perpetrate this.

Many of such frauds have been happening in the financial institution since Aliyu took over its management.

There is also an ongoing investigation into another N4.3 billion naira of inflated personnel cost especially on the NIRSAL’s field offices located in each state of the federation and the FCT. The field offices staff numbering about 500 have always been paid less than 50% of their monthly pay while the remaining 50% amounting to over N200 million naira is being siphoned on a monthly basis.

Recall also that the same MD was very recently fingered in the acquisition of two bullet proof SUVs for himself without due process, especially under an administration that strongly fights against corruption, impunity and financial excessiveness.

The names of the head of department being investigated are:

-Idris Aweda (Head of Finance)

-Tosin Ariyo (Technical Assistant to the MD on Projects)

-Michael Adeoye (Head of Credit Risk Guarantee).

Other officers indicted will are also being invited by the security agencies for questioning .

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NSF: Oparaoji, Ekpeyong, Quadri Gear Up for Tough Quarterfinal Clashes in Abeokuta

Published

1 week ago

May 23, 2025

The Gleamer

Joel Ajayi

The tennis courts at the ongoing National Sports Festival in Abeokuta are buzzing with intensity as the competition hits the quarterfinal stage in both the men’s and women’s singles events, following a gripping round of 16.

Men’s Singles Quarterfinals:

Abubakar Yusuf of FCT will square off against Rivers State’s Abua Canice. Yusuf booked his spot with a 4-0, 4-2 win over Ehigiamusoe Endurance of Edo, while Canice cruised past Azi David 4-1, 4-0.

Bayelsa’s Uche Oparaoji faces Adeleye Daniel of Ekiti in a clash of skill and strategy. Oparaoji outclassed Urenyang Nuhu of Taraba 4-1, 4-2, just as Adeleye powered past Kaduna’s Ibrahim Sulaiman with the same scoreline.

In one of the most anticipated ties, Danjuma Lucky (FCT) will lock horns with Bayelsa’s top seed David Ekpeyong. Danjuma came through a thrilling contest against Ekiti’s Abamu Matthew, rallying to win 1-4, 4-2, 10-5, while Ekpeyong dominated Taraba’s Rubi Toba 4-0, 4-2.

Home favourite Christopher Bulus of Ogun will battle Edo’s Michael Chima for a semifinal ticket. Bulus swept past Rivers’ Timibra Godsgift 4-1, 4-0, while Chima triumphed over Delta’s Iloputa Ikechukwu in a straight-set win.

Women’s Singles Quarterfinals:

Delta’s Barakat Quadri, fresh off a 4-1, 4-0 win over Rebecca Ekpeyong of Bayelsa, will face rising star Emmanuel Bright of the IJA (Invited Junior Athletes), who overcame Rivers’ Maxwell Timipre 4-2, 5-3.

Edo’s Omotayo Blessing will battle Akwa Ibom’s Udoffa Mary in what promises to be a fiery encounter. Omotayo brushed aside Ekiti’s Adeusi Jesutoyosi 4-0, 4-1, while Udoffa outplayed Moses Favour of Kaduna 5-3, 4-0.

Elsewhere, Ogunjobi Success of Ekiti will test her mettle against Aina Goodnews of IJA, and Akwa Ibom’s Etoro Bassey faces Ogun’s Yakubu Ohunene in a South-South vs South-West showdown.

With the quarterfinals locked in, tennis fans are in for a thrilling ride as the battle for medals intensifies under the Abeokuta sun.

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