• Latest
  • Trending
FG Approves N25,000 Special Grant For Vulnerable Pensioners

Alleged N585m Scandal: Why I Approved Payment Into Private Accounts- Betta Edu

January 6, 2024
Reps to probe N200b CBN loan to DISCOs for mass metering

311 Lawmakers Vote Yes as Reps Pass Bill on State Police

July 24, 2026
Tinubu Converts Nasarawa Polytechnic to University

Tinubu Okays 12-Division Army Structure, 28,000 New Recruits

July 24, 2026
Gov Mbah unveils state-owned airline, ‘Enugu Air’

Enugu Air Plane Skids Off Runway In Benin

July 23, 2026
MNJTF Kill 22 Boko Haram Terrorists In Lake Chad Region

Troops Rescue 27, Foil Mass Abduction In Sokoto, Zamfara

July 23, 2026
Nothing troubles me more than the security crisis bedevilling Nigeria-Tinubu

FG: Trump Letter Recognizes Nigeria’s Anti-Terror Gains

July 23, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Police rescue six kidnapped victims in Zamfara

PCRC Backs State Police, Pledges to Act as Watchdog

July 23, 2026
Tinubu’s Fiscal Policy Committee: Ondo Indigenes, Politicians Applaud Akinterinwa’s Appointment

Akinterinwa: Ondo APC Solid, Tinubu Will Sweep All 18 LGAs In 2027

July 23, 2026
Borno: Two Girls Flee Mandara Mountains, Surrender to Army

Borno: Two Girls Flee Mandara Mountains, Surrender to Army

July 23, 2026
Three Convicts Bag Life Sentence over Oriire Abduction

Three Convicts Bag Life Sentence over Oriire Abduction

July 23, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Saturday, July 25, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

Alleged N585m Scandal: Why I Approved Payment Into Private Accounts- Betta Edu

by Present Nigeria
January 6, 2024
in News
0
FG Approves N25,000 Special Grant For Vulnerable Pensioners
28
SHARES
55
VIEWS
FacebookTwitterWhatsappTelegram

Following the alleged financial corruption scandal rocking the Federal Ministry of Humanitarian Affairs and Poverty Alleviation, where a document emerged  that the Minister, Edu Betta allegedly diverted N585,198,500.00 into a personal account, has led to some other facts emerging.

Speculations are rife that that Edu directed to the Office of the Accountant-General of the Federation, the Minister instructed the disbursement of N585,198,500.00 to one, Oniyelu Bridget.

RelatedPosts

311 Lawmakers Vote Yes as Reps Pass Bill on State Police

Tinubu Okays 12-Division Army Structure, 28,000 New Recruits

Enugu Air Plane Skids Off Runway In Benin

The document also showed that the payment of the N585.198 million grant, meant for vulnerable groups in Akwa Ibom, Cross River, Ogun and Lagos states, was made into Oniyelu’s account.

But in his reactions to the development, the Special Assistant on Media and Publicity to the Minister, Rasheed Zubair said N585.198 million payment for the vulnerable group followed due process.

He stated that the payment of the grant to the account of an individual, Oniyelu Bridget, was because the fellow currently serves as the Project Accountant of Grants for Vulnerable Groups.

He explained that the payment of the N585.198 million grant was meant for vulnerable groups in Akwa Ibom, Cross River, Ogun and Lagos states.

“For the avoidance, the said N585m was approved, and it is meant to implement grants to vulnerable groups in Akwa Ibom, Cross River, Ogun, and Lagos states.

“We must note that GVG was first launched in Kogi State, where recipients testified. Akwa Ibom and Cross River were launched in December 2023. Kogi already happened in November, and others will be launched in the coming weeks.

“The general public is invited to note that the Renewed Hope Grant for Vulnerable Groups is one of the social intervention schemes of the Federal Government, which the Ministry of Humanitarian Affairs and Poverty Alleviation is implementing.

“Oniyelu Bridget is the Project Accountant for GVG from the Department of Finance, and it is legal in civil service for a staff, the project accountant, to be paid and use the same funds legally and retire the same with all receipts and evidence after the project or programme is completed”, he stated.

Meanwhile, the development caused a stir on social media as Nigerians wondered why a huge sum of the Federal Government’s money would be paid to an individual’s account.

It was gathered that public sector financial regulations of 2009 prohibit the payment of public funds to the account of a private individual.

Section 713 of the law states, “Personal money shall in no circumstances be paid into a government bank account, nor shall any public money be paid into a private bank account. An officer who pays public money into a private account is deemed to have done so with fraudulent intention.”

Recall that President Bola Ahmed Tinubu barely four days ago suspended the National Coordinator of the National Social Investment Programme Agency, Halima Shehu, an agency under Edu, over alleged financial misappropriation.

Consequently, Halima Shehu was detained and drilled by the Economic Financial Crimes Commission, EFCC, over an alleged N44 billion fraud.

Following an investigation, EFCC froze N30 billion moved from NSIPA’s accounts.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share11Tweet7SendShareShare2
Previous Post

Lagos Govt Issues Stern Warning To Distributors Of Fake Drinks

Next Post

Senate Denies Receiving N200m Palliative Rice

Related Posts

Reps to probe N200b CBN loan to DISCOs for mass metering

311 Lawmakers Vote Yes as Reps Pass Bill on State Police

July 24, 2026
Tinubu Converts Nasarawa Polytechnic to University

Tinubu Okays 12-Division Army Structure, 28,000 New Recruits

July 24, 2026
Gov Mbah unveils state-owned airline, ‘Enugu Air’

Enugu Air Plane Skids Off Runway In Benin

July 23, 2026
MNJTF Kill 22 Boko Haram Terrorists In Lake Chad Region

Troops Rescue 27, Foil Mass Abduction In Sokoto, Zamfara

July 23, 2026
Next Post
Abaribe, Abdullahi Resign As Minority, Majority Leaders

Senate Denies Receiving N200m Palliative Rice

Leave a Reply Cancel reply

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

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

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
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.