Economy

Akin Osuntokun Urges Nasir el-Rufai to Address Kaduna Fund Mismanagement Allegations

Share
Share

Former News Agency of Nigeria (NAN) Managing Director, Akin Osuntokun, has called on former Kaduna State governor Nasir el-Rufai to stop engaging in what he described as “kangaroo debate” and instead respond to serious allegations related to his tenure.

In a statement, Osuntokun urged el-Rufai to address claims of mismanagement involving ₦423.2 billion in loans and grants during his administration. He accused the former governor of using public engagements as “transferred aggression” to distract Nigerians from these allegations and of unnecessarily involving Nuhu Ribadu in the controversy.

Osuntokun referenced a June 2024 Kaduna State House of Assembly report, which accused el-Rufai’s administration of financial mismanagement. He noted that the Economic and Financial Crimes Commission (EFCC) has invited the former governor and other ex-officials for questioning, with el-Rufai expected to appear voluntarily at the EFCC headquarters in Abuja on February 16, 2026.

He stressed that public accountability requires el-Rufai to confront the allegations directly rather than divert attention through superficial or contrived debates.

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Economy

Uber Exits Nigeria After 12 Years as Drivers and Analysts Point to Competition and Business Model Flaws

After 12 years of operation, Uber has withdrawn from Nigeria's ride-hailing market,...

EconomyMetro

Uganda Names Crude Oil Blend Pearl Sweet as Commercial Production Nears

Uganda has officially christened its crude oil blend Pearl Sweet, marking a...

Economy

Italian High Speed Trains Begin European Expansion as Fire Damages Palermo Shopping Centre

Italy's state railway company has launched trial runs of its distinctive Frecciarossa...

EconomyWorld

US and Venezuela Sign Major Oil Agreement Amid Controversy

The United States and Venezuela have formalized a sweeping energy agreement in...

Economy

US Stock Futures Dip as Oil Surges Past $90 on Middle East Tensions

American stock futures opened lower on Wednesday as crude oil prices surged...

Economy

US Stock Futures Drop as Bond Yields Surge to Multi-Year Highs, Oil Prices Spike

American stock futures opened September trading under pressure as a worldwide selloff...

EconomyPolitics

Ooni of Ife Endorses Tinubu’s Economic Policies, Cites Market Growth

Nigeria's revered traditional ruler, the Ooni of Ife, Oba Adeyeye Ogunwusi, has...

Economy

What Nigerian Investors Should Watch Before Market Opens September 1

September trading kicks off with investors scanning global cues and domestic market...