society
Fact-Check: ZamTracka Disputes Former Governor Matawalle’s ₦1 Trillion FAAC Claim for Zamfara
Fact-Check: ZamTracka Disputes Former Governor Matawalle’s ₦1 Trillion FAAC Claim for Zamfara
In a recent statement, former Zamfara State Governor and Minister for State Defende, Bello Matawalle claimed that the state received over ₦1 trillion from the Federal Account Allocation Committee (FAAC) in the last two years of this current administration. However, this assertion has been firmly rebutted by ZamTracka, a public expenditure tracking organization dedicated to promoting transparency in government spending.
According to ZamTracka’s comprehensive analysis of financial records, Zamfara State received a total of approximately ₦776.6 billion in FAAC allocations from 2019 to September 2025. This figure casts significant doubt on Matawalle’s claim, particularly when broken down into the respective periods of leadership.
During his four-year tenure from 2019 to 2023, former Governor Matawalle’s administration collected more than ₦400 billion in FAAC disbursements. In contrast, the current administration led by Governor Dauda Lawal has received slightly over ₦350 billion during its first two years in office.
This financial data has sparked a vigorous debate regarding fiscal responsibility, public accountability, and the tangible outcomes of governance in Zamfara. Economists and analysts emphasize the changing economic landscape, noting that the ₦400 billion accrued under Matawalle’s administration possessed a significantly greater purchasing power at the time, which was estimated to be worth over $571 million when the exchange rate was around ₦700 to the dollar.
In today’s economic climate, with the exchange rate hovering around ₦1,500 to the dollar, that same financial value would translate to nearly ₦856.5 billion. This shift underlines the rising costs associated with implementing infrastructure projects; for instance, a ₦1 billion project during Matawalle’s tenure could now exceed ₦3 billion due to inflation and increased material costs.
Despite the substantial financial inflow during Matawalle’s administration, critics have raised concerns regarding the visibility and impact of significant projects completed with these funds, particularly within the state capital, Gusau. Many citizens have expressed frustration at the apparent lack of transformative developments, questioning whether the allocations translated into meaningful improvements in public services and infrastructure.
On the other hand, supporters of the current government stress the achievements made despite working with an allocation that, when adjusted for the older exchange rate, would amount to approximately ₦163.1 billion. They argue that the current administration has demonstrated resilience and effective governance strategies, producing outcomes that reflect prudent resource management under challenging economic conditions.
This ongoing dispute underscores an increasing demand for transparency and accountability amongst the citizenry, especially as financial data becomes more accessible through various platforms. As the debate rages on, efforts to obtain comments from representatives of former Governor Matawalle regarding the ZamTracka findings have not yielded results thus far, leaving the discussion centered on the implications of these financial discrepancies.
society
Lagos Police Commissioner Defies Court Order To Vacate Nestoil Premises
Lagos Police Commissioner Defies Court Order To Vacate Nestoil Premises
The Lagos State Commissioner of Police has been accused of defying a Federal High Court order directing the vacation of Nestoil premises. Court officials reported that police officers resisted the sheriff sent to enforce the ruling and used tear gas to disrupt proceedings.
The dispute stems from ex parte orders previously obtained by First Bank entities and their proxies, FBN Quest and First Trustees. Those orders have since been set aside after the court found evidence had been concealed. Despite this, enforcement of the court’s directive was blocked, raising concerns about law enforcement neutrality in the matter.
Broader Implications
The case involves foreign investors and lenders whose investments in Nigeria’s petroleum sector are now under threat. Analysts warn that such developments could undermine Nigeria’s drive to attract foreign capital, painting the country in a negative light to international investors. Actions by senior officials, such as the Commissioner of Police acting on unknown instructions, risk eroding confidence in the rule of law and jeopardizing broader efforts to position Nigeria as a secure destination for investment.
Next Steps
Legal experts say the court may consider contempt proceedings against those obstructing its directives, while federal police authorities face calls to clarify their position on the Commissioner’s actions.
society
Introducing Ralph Nest Hote l: Where Hospitality Matters
*Introducing Ralph Nest Hote l: Where Hospitality Matters
_Ota, Ogun State_ – Situated one hour from Lagos along the scenic Idiroko Road, Ralph Nest Hotel presents a refined hospitality experience tailored for the modern Nigerian guest. With a commitment to elevated comfort, contemporary elegance and guest-centric service, Ralph Nest is poised to emerge as the region’s preferred destination for leisure, business and events.
*A New Benchmark in Comfort*
From the moment guests step into Ralph Nest, they encounter an ambiance where detail and design meet warmth and welcome. Whether staying for business or pleasure, each guest is treated to thoughtfully appointed rooms, modern amenities and a calm environment designed for rest, connection or productivity. According to the hotel’s official description: “a newly unveiled sanctuary designed for the discerning guest.”
*Location That Works*
Located in Ota, Ogun State, just off the main artery of Idiroko Road, Ralph Nest offers both accessibility and serenity. It’s close enough to Lagos for convenience, while distanced enough to provide a quieter, more relaxed pace — a rare combination in the region’s hospitality landscape.
*Service With Intention*
The mantra “Where Hospitality Matters” guides the hotel’s philosophy. From front-desk greetings to room service and event hosting, the team at Ralph Nest is committed to genuine, consistent care. A recent Instagram post described it as “bringing comfort, class, and exceptional …” – signalling a strong focus on guest experience.
*Ideal For Business & Leisure*
* Business travellers will appreciate well-equipped rooms, stable connectivity and a location that balances proximity to Lagos with ease of access.
* Leisure guests will find a restful retreat and a chance to explore the Ogun State area without the bustle of big-city hotels.
* Events & gatherings are supported too: the hotel’s spacious layout and attentive service make it a viable choice for meetings, celebrations or small conferences.
*Why Ralph Nest Stands Out*:
* A proven blend of modern hotel design plus a local-friendly feel.
* Strategic location offering ease of travel and respite from high-traffic zones.
* Dedicated service outlook, anchored in the belief that every guest matters.
* Versatility : well suited for solo travellers, families, professionals and event planners alike.
*Invitation to Experience*
Whether you’re planning a business stay near Lagos, a weekend getaway in Ogun State or hosting a corporate event with a local edge, Ralph Nest Hotel welcomes you to discover hospitality that truly matters. In an industry crowded with options, this is a hotel that intends to make every stay distinct, personalized and comfortable.
*Contact*
For bookings, enquiries or media visits, please reach out to Ralph Nest Hotel via the contact details on the website – https://ralphnest.com/ – or their official social-media channels.
ralphnest_hotel ( instagram)
Tiktok : @ralphnest_hotel
Mail : [email protected]
society
OBCHS Ibadan1989 set to re-unite after 36 years
OBCHS Ibadan1989 set to re-unite after 36 years
The Old Students’ Association of Oke-Bola Comprehensive High School, Ibadan, Class of 1989, is hosting a grand reunion on November 29, 2025, at the school premises in Ibadan. The event, themed “Together Again: Celebrating The Journey, Rekindling The Bond,” aims to bring together classmates, teachers, and friends from across Nigeria and abroad to rekindle old bonds and reflect on their journey since graduation.
The reunion will feature interactive sessions, awards, a school tour, a dinner gala, and a presentation of the group’s legacy project for the school. According to the Association’s President, Akinbode Ayobami Raji, the event is an opportunity to celebrate collective achievements, renew connections, and contribute to the growth of their alma mater.
The Reunion Planning Committee, chaired by Oludaisi Adebola Adewale, promises an unforgettable experience filled with laughter, reflection, and renewed purpose. All members of the Oke-Bola Comprehensive High School Ibadan Old Students Association Class of ’89, teachers, and invited guests are encouraged to confirm attendance and be part of this historic celebration.
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