N585m Scandal: Peter Obi Raises Concern Over Alleged Corrupt Activities In Humanitarian Ministry

January 11, 2024
I Never Said I’ll Be Vice President To Anyone – Obi
Peter Obi

Labour Party Presidential candidate in the 2023 general election, Peter Obi, has voiced serious concerns regarding suspected fraudulent activities within the Ministry of Humanitarian Affairs and Poverty Alleviation.

Obi’s comment follows the suspension of Betta Edu, Minister of Humanitarian Affairs, over the misappropriation of N585 million designated for palliative distribution in some states.

Obi, a former governor of Anambra State, expressed his apprehension that the ministry might be operating as a conduit designed to divert public funds, exploiting the plight of the poor as a mere public facade.

Taking to his official X (formerly Twitter) handle, Obi conveyed his worry about the ministry possibly serving as a channel for political elites to siphon public funds.

READ ALSO: Economy: Obi Warns About Danger Of Piling Up Debts By Tinubu’s Govt

“The Ministry may have been created by the system as a conduit pipe to siphon public funds while using the poor as a face. Equally worrisome and disgusting is the fact that the missing funds are meant for poverty alleviation in a time of severe suffering among the people,” Obi stated.

Notably, Betta Edu faced severe backlash after being implicated in a N585 million disbursement scandal linked to the Ministry of Humanitarian Affairs.

The President took decisive action by promptly suspending the 37-year-old medical doctor, making her the first to be ousted from his 48-man cabinet formed in August.

Edu’s predecessor, Sadiya Umar-Farouq, is also under investigation by the EFCC for the alleged laundering of N37.1 billion during her tenure as a minister, highlighting the gravity of concerns raised by Obi regarding the ministry’s integrity.

The alleged fraudulent diversion of public funds, coupled with the short-lived tenure of ministers, raises questions about the effectiveness of the ministry in addressing severe poverty amidst the populace.

Join our WhatsApp Channel

READ ALSO: N585m, N37bn Graft: EFCC Releases Betta Edu, Sadiya Umar-Farouq On Bail

Obi’s revelations shed light on a deeper issue of potential systemic misuse of funds meant for poverty alleviation.

emmmmmm
+ posts

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Emmanuel Ochayi

Emmanuel Ochayi is a journalist. He is a graduate of the University of Lagos, School of first choice and the nations pride. Emmanuel is keen on exploring writing angles in different areas, including Business, climate change, politics, Education, and others.

Previous Story

Gov Eno Seeks Tinubu’s Support For Akwa Ibom’s Oil Palm Resuscitation

Economic Hardship Forces Lady Banker To Commits Suicide In Lagos
Next Story

Economic Hardship Forces Lady Banker To Commit Suicide In Lagos

Featured Stories

Latest from News

Previous Story

Gov Eno Seeks Tinubu’s Support For Akwa Ibom’s Oil Palm Resuscitation

Economic Hardship Forces Lady Banker To Commits Suicide In Lagos
Next Story

Economic Hardship Forces Lady Banker To Commit Suicide In Lagos

Don't Miss

Fidelity Bank supports Temile Development Company to boost Nigeria’s Gas Revenues In what has been termed a significant milestone in the advancement of Nigeria's domestic gas industry and the generation of gas revenues, Temile Development Company Ltd -a key indigenous player in the oil and gas industry- recently commissioned a 23,000 cubic meters ultramodern Liquefied Petroleum Gas (LPG) Carrier. Named ‘Alfred Temile 10’, the vessel was part-financed by leading Nigerian bank -Fidelity Bank Plc- and was commissioned at the Hyundai Mipo Dockyard in Ulsan, South Korea. Dignitaries at the event included the Group Chief Executive Officer of the Nigerian National Petroleum Company Ltd (NNPC), Mallam Mele Kyari,OFR; Managing Director/Chief Executive Officer, Fidelity Bank Plc, Dr Nneka Onyeali-Ikpe,OON; Minister of State for Petroleum Resources (Gas), Hon. Ekperikpe Luke Ekpo; the Charge D’Affairs Ad Interim of the Embassy of Nigeria in South Korea, Ambassador Ferdinand Nwonye; Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe; amongst others. Commending the company on the laudable development, Mallam Mele Kyari said, “I want to congratulate Mr. Alfred for the great feat you have achieved on behalf of our country and we understand that today clean energy is everything because the whole world is transiting to cleaner fuel. In our country, biomass is the major source of energy, and I know that the efforts we are making collectively and with this effort by Temile Group will enhance that ability to produce cleaner energy in our country.” On her own part, Dr Nneka Onyeali-Ikpe,OON said, “This commissioning is a landmark achievement for Nigeria as the vessel would further support the nation’s drive to utilize cleaner energy sources especially as the world transitions to environmental-friendly energy options. Fidelity Bank is delighted to facilitate this transaction and we congratulate our amiable customer -Mr. Alfred Temile- as well as the good people of Nigeria on this feat.” It was noted that this was the second of its kind being part-financed by the Bank and further underscores its support for the industry. An elated Mr. Alfred Temile, the CEO of Temile Development Company, expressed heartfelt appreciation for the collaboration and strong support received from NNPC Ltd and other stakeholders throughout the project's journey. The vessel will bolster the local participation of indigenous maritime players, improve the logistics of LPG supply and increase the availability of LPG for the Nigerian last-mile users. This will contribute to the growth of Nigeria’s domestic gas industry while demonstrating the dedication and increasing capabilities of indigenous Nigerian companies in the oil and gas sector. It will be recalled that Fidelity Bank Plc also part-financed the development of the recently launched Pinnacle Oil and Gas Terminal in Lagos as part of efforts to improve energy security in the country. Ranked as one of the best banks in Nigeria, Fidelity Bank is a full-fledged customer commercial bank with over 8 million customers serviced across its 251 business offices in Nigeria and the United Kingdom as well as on digital banking channels. The bank has won multiple local and international awards including the Export Finance Bank of the Year at the 2023 BusinessDay Banks and Other Financial Institutions (BAFI) Awards, the Best Payment Solution Provider Nigeria 2023 and Best SME Bank Nigeria 2022 by the Global Banking and Finance Awards; Best Bank for SMEs in Nigeria by the Euromoney Awards for Excellence 2023; and Best Domestic Private Bank in Nigeria by the Euromoney Global Private Banking Awards 2023.

Fidelity Bank Supports Temile Development Company To Boost Nigeria’s Gas Revenues

Temile Development Company Ltd, a key indigenous player in the
CBN, Banks Don’t Have Infrastructure For New Naira Transition – Dakuku Peterside

CBN, Banks Don’t Have Infrastructure For New Naira Transition – Dakuku Peterside

The former Director General of the Nigerian Maritime Administration and