• Contact Us
  • About Us
Wednesday, October 15, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

EFCC probes N500m Chibok fund

metro by metro
January 16, 2017
in News
0
0
SHARES
0
VIEWS
Ibrahim Magu, EFCC acting Chairman:

 

The Economic and Financial Crimes Commission (EFCC) has confirmed that it is probing the missing N500 million Safe School funds meant to rebuild the Government Girls School in Chibok in Borno state.

Read Also

NLC Threatens To Join ASUU Strike Over “No Work, No Pay ” Policy 

IMF’s Georgieva Says Countries Lack Regulatory, Ethical Foundation For AI

Two Lawmakers Expelled In Israel For Protesting Against Trump

The foundation for the school was laid some weeks to the presidential election in 2015 by former finance minister, Dr Ngozi Okonjo Iweala.

A petition of 27 December 2016 was sent to the EFCC Chair Ibrahim Mustafa Magu by the Socio-Economic Rights and Accountability Project (SERAP).

This development was disclosed today by SERAP senior staff attorney Timothy Adewale.
Adewale to SERAP.

“We have received confirmation from the EFCC that the body is looking into our petition. The EFCC has also expressed its determination to diligently investigate the allegation of the missing N500 million Safe School funds for Chibok girls, and sought additional information from SERAP,”Adewale said.

SERAP had in its petition urged the EFCC to “invite for questioning, and name and shame anyone suspected to be involved in the alleged diversion, including the contractors allegedly handling the project.”

“The allegation that N500m has been lost to corruption has resulted in denying the girls access to education, and shows the failure of the former President Goodluck Jonathan government to live up to Nigeria’s commitments under the global Safe School Declaration.”

“SERAP believes that the diversion of the funds will expose the school to attacks in the future. This is a fundamental breach of the country’s obligations including guarantees of non-repetition, which contribute to prevention and deterrence of future attacks.”

“SERAP urges the EFCC to work with the Independent Corrupt Practices and other Related Offences Commission (ICPC) to set up a mechanism to monitor government’s spending of the safe school funds in order to ensure that the funds are spent exactly to prevent and deter future attacks, and to allow the girls to go back to school as soon as possible.”

Tags: Chibok fundEFCC
Previous Post

Controller decries awaiting trial cases

Next Post

Car dealers want reduced customs duties

Related Posts

NLC Threatens Fresh Nationwide Strike, Gives Reasons
News

NLC Threatens To Join ASUU Strike Over “No Work, No Pay ” Policy 

October 14, 2025
IMF’s Georgieva Says Countries Lack Regulatory, Ethical Foundation For AI
News

IMF’s Georgieva Says Countries Lack Regulatory, Ethical Foundation For AI

October 14, 2025
Two Lawmakers Expelled In Israel For Protesting Against Trump
News

Two Lawmakers Expelled In Israel For Protesting Against Trump

October 13, 2025
Hamas Hands Over Remaining Hostages To Israel, Trump Says Gaza War Over 
News

Hamas Hands Over Remaining Hostages To Israel, Trump Says Gaza War Over 

October 13, 2025
Next Post

Car dealers want reduced customs duties

From survivor to global malaria champion

October 15, 2025

Aleph Hospitality Celebrates 50th Hotel and Sets Bold Growth Trajectory for 2029

October 15, 2025
Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

October 14, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version