• Contact Us
  • About Us
Monday, May 25, 2026
  • 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

ADC Says Judgment On INEC Timetable Will Push Many Out Of APC

US, Iran Still At Odds On key Issues, Rubio Still Hopeful

Hope For Candidates Seeking Defections As Court Voids INEC Guidelines For 2027 Primaries, Senate, Commission Under Scrutiny

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

BREAKING: David Mark-Led ADC Leadership Restored As Supreme Court Voids ‘Status Quo Ante Bellum’ Order 
News

ADC Says Judgment On INEC Timetable Will Push Many Out Of APC

May 22, 2026
US, Iran Still At Odds On key Issues, Rubio Still Hopeful
News

US, Iran Still At Odds On key Issues, Rubio Still Hopeful

May 22, 2026
Federal High Court Reverses Ratification Of Joyce Oduah’s Suspension As NBA Secretary General
News

Hope For Candidates Seeking Defections As Court Voids INEC Guidelines For 2027 Primaries, Senate, Commission Under Scrutiny

May 22, 2026
Patriots Raise Concern Over Rising Insecurity, Poverty Ahead Of 2027 Elections 
News

Patriots Raise Concern Over Rising Insecurity, Poverty Ahead Of 2027 Elections 

May 22, 2026
Next Post

Car dealers want reduced customs duties

AFRICA IS NOT WAITING

May 25, 2026
Equip Auto SAS France Expands Into  SSA With Launch Of Equip Auto Côte d’Ivoire Expo 

Equip Auto SAS France Expands Into  SSA With Launch Of Equip Auto Côte d’Ivoire Expo 

May 25, 2026
Trump Swears In Warsh To Lead US Federal Reserve

Trump Swears In Warsh To Lead US Federal Reserve

May 22, 2026
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