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CSO Investigation Reveals PenCom DG Aisha Dahiru Was Falsely Accused Of Misappropriating Over $1.8m

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CSO Investigation Reveals PenCom DG Aisha Dahiru Was Falsely Accused Of Misappropriating Over $1.8m

*CSO Investigation Reveals PenCom DG Aisha Dahiru Was Falsely Accused Of Misappropriating Over $1.8m*

 

The report of the investigation into the alleged misappropriation of funds by the Director General of the National Pension Commission (PenCom), Aisha Dahiru-Umar, conducted by the Coalition of Civil Society Organisations in Nigeria has absolved the PenCom boss of any wrongdoings.

 

 

 

The preliminary report of the investigation revealed that Dahiru did not misappropriate any funds to the tune of $1,800,480 and N4,965,327 as alleged.

 

 

CSO Investigation Reveals PenCom DG Aisha Dahiru Was Falsely Accused Of Misappropriating Over $1.8m

 

The Centre for Public Accountability (CPA)had alleged that the PenCom DG, received on January 3, 2019, $1,800,480 in estacode on a Washington DC trip.

It was further alleged that Dahir-Umar was paid another N4,243,116 on 13th March 2020 on airfare to attend Reinventing HR Summit in London and collected an additional estacode of N3,077,648.

They further claimed that she received she collected $259,200 on the trip.

But the report said the accusations are “false, frivolous, unfounded, malicious and figment of the imagination of the actors whose primary aim we came to understand is to distract the Director General from her giant reformatory drive in the commission.

“Simply put, the allegations and the documents being bandied were hurriedly cooked up by seekers of favour as a bargaining chip to seek political appointment under the President Bola Tinubu government.”

The group said in a joint world press conference on Wednesday that it conducted the investigation using a pool of experts who assessed the claims by CPA.

The group is a coalition of CSOs with a mandate to intervene in the public interest over issues relating to graft and general public complaints in government.

Based on their findings, the allegations and documents “being bandied were hurriedly cooked up by seekers of favour as a bargaining chip to seek political appointment under the President Bola Tinubu government.”

The report said contrary to the claims that Aisha-Dahiru was paid N4,243,116, N3,077,648 and $259,200 for trips in 2020, countries including Nigeria were on lockdown.

The report said, “For the avoidance of doubt, it was alleged that the said estacode was received in the year 2020. This again raises a red flag in the entire choreographed episode. You will agree with me that the entire global community was on a total lockdown — no movement of persons within and outside the country.

“In fact, there was no inter-state travels as a result Covid-19 pandemic which held the global community by the jugular. Despite this, our team meticulously and methodologically deployed their technical know-how and discovered NOTHING implicating against the Director General.

“Investigations however revealed that what was at play is simply a demonstration of envy, bitterness, powerplay and unexplained gang up against the Director-General by persons who are afraid that the giant feat she has achieved since assumption of office is displacing the old order, thereby thwarting their efforts to keep the entire sector perpetually backward in a rapidly moving world for their own nefariously selfish intentions.

“It is one of those scenarios where people fabricate malicious allegations to cheaply blackmail performing heads of government institutions with the primary objective to distract them and instigate their appointor (the President) against them.”

The report also highlighted the sterling performance of the PenCom boss since she became the acting DG and was later confirmed in 2020 by former President Muhammadu Buhari.

The CSO report said she raised the country’s pension asset from N6.42trn in 2017 when she came on board to N15.5trn as at February 2023.

The report also highlighted how reformed the pensions industry is through recapitalization from N1bn to N5bn.

The report noted, “Another first in the nation’s pension industry is the approval of structured reduction of fees on the Net Asset Value of pension fund assets as well as the introduction of the Micro Pension Plan for the participation of informal sector workers in the Contributory Pension Scheme.

“Among many other brilliant innovations she has introduced is the mortgage scheme for retirement savings account holders, which enables RSA holders to use the balance of their RSA savings for the purpose of of mortgage.

“The DG’s visible reformatory drives led to the approval by former President the sum of N159.466 billion for the payment of outstanding accrued rights and other pension liabilities of the government’s retirees.

“That is an open expression of confidence in the leadership of PenCom under Mrs. Dahir-Umar.”

The report recalled how similar allegations were made against the PenCom boss under former President Buhari which failed because it lacked substance.

It added, “While we pass a vote of confidence on the Director General of PenCom, we appeal to all stakeholders to ignore the unfounded allegations against her and continue to offer support as she is poised to give all Nigerians a life worth living post-retirement.

“We call on President Bola Tinubu to sustain the federal government’s support towards the total overhaul of the country’s pension sector for a collective success in the interest of our senior citizens and all other members of our society.”

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From Loss to Land: CBEX Victim Gifted Plot in Ibeju Lekki by Swedish Follower

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From Loss to Land: CBEX Victim Gifted Plot in Ibeju Lekki by Swedish Follower

CBEX Crash Sparks Outrage, Tears and Unexpected Kindness: Swedish Fan Gifts Nigerian Investor a Plot of Land

 

The dramatic crash of the CBEX investment platform has triggered a wave of public outrage and heartbreak across Nigeria and beyond, with scores of users lamenting the loss of millions in life savings, business capital, and retirement funds.

The Economic and Financial Crimes Commission (EFCC), along with the Internet Fraud Unit, has reportedly launched a probe into the circumstances surrounding the platform’s sudden collapse. The investigation comes amid mounting pressure from angry investors demanding justice and restitution.

As thousands take to social media to share their personal experiences and financial devastation, one story has stood out—not for its tragedy, but for the unexpected act of generosity that followed.

In a recent Facebook post, Nigerian digital creator Ivan Eagle shared that a Swedish follower, deeply moved by his emotional account of the CBEX fallout—originally reported by Legit.ng—gifted him a full plot of land in Lagos.

“A follower in Sweden just gifted me a FULL plot of land in Lagos after reading my CBEX story on Legit.ng,” Ivan wrote.

He revealed that the property is a 600-square-meter plot in Ibeju Lekki, one of Lagos State’s fastest-growing residential hubs, where land prices under reputable developers like PWAN reportedly start at ₦30 million.

“For those of you who live in Lagos, you all know how Lagos is gradually evolving into Ibeju Lekki, and how residential regions covered by reputable real estate firms in the area have been SOLD OUT,” Ivan added.

A Silver Lining Amid a Financial Storm

The CBEX collapse has left a bitter taste in the mouths of thousands of investors, many of whom believed they were participating in a credible digital asset investment scheme. Online forums and Telegram groups have since been flooded with screenshots of losses, emotional breakdowns, and desperate calls for recovery.

However, Ivan Eagle’s story has become a rare glimmer of hope, showcasing the unexpected humanity that sometimes arises in the aftermath of financial tragedy.

As investigations deepen, questions remain over CBEX’s regulatory compliance, investor protections, and whether its operators will face legal consequences. For now, the EFCC remains silent on the details but has urged victims to submit official complaints through its designated reporting channels.

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Prof Lawan Bala Buratai Appointed Vice Chancellor of Nigerian Army University Biu

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Prof Lawan Bala Buratai Appointed Vice Chancellor of Nigerian Army University Biu After Rigorous Selection

 

In a significant leadership transition at one of Nigeria’s foremost military-civilian academic institutions, Professor Lawan Bala Buratai has been appointed as the new Vice Chancellor of the Nigerian Army University Biu (NAUB).

Prof Lawan Bala Buratai Appointed Vice Chancellor of Nigerian Army University Biu

The appointment was announced following an intensive and merit-based selection process conducted by the Governing Council of NAUB at the Armed Forces Officers Mess and Suites, Asokoro, Abuja. The Council, under the chairmanship of Dr. Awwal Moriki, concluded its deliberations and formally presented the letter of appointment to Prof Buratai in a brief but momentous ceremony.

 

Dr. Moriki, while congratulating the new helmsman, described the selection as the culmination of a transparent and rigorous process aimed at identifying a visionary academic leader who embodies the university’s core values of excellence, discipline, and innovation.

With this appointment, Prof Buratai succeeds Professor Kyari Mohammed, whose single five-year tenure is widely credited with laying a strong foundation for the university’s academic and structural growth.

 

The Nigerian Army University Biu (NAUB) was established in 2018 as a unique public institution owned by the Nigerian Army and designed to serve both military personnel and civilians. Located in Biu, Borno State, the university was conceived as a strategic response to the security and developmental challenges facing Nigeria and the wider Sahel region.

NAUB is focused on entrepreneurship, innovation, defense studies, and technology-driven research. It offers undergraduate and postgraduate programs in diverse fields ranging from engineering and environmental sciences to social sciences, computing, and military history.

 

What sets NAUB apart is its civil-military partnership model, which aims to foster mutual understanding and collaboration between Nigeria’s armed forces and the general populace. The university plays a key role in developing indigenous solutions to security challenges while also contributing to national capacity building and economic resilience through education.

 

With increasing national and international recognition, NAUB continues to attract scholars and partnerships across Africa and beyond, committed to transforming it into a world-class institution in security and development research.

 

Professor Lawan Buratai, a respected scholar and administrator, is expected to lead the university into its next chapter—deepening academic standards, expanding infrastructure, and strengthening NAUB’s role in national transformation.

His appointment signals a continuity of vision with a renewed focus on excellence, innovation, and service to the nation.

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Dangote Supports FCT, Kogi In N16bn Food Programme

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Dangote Supports FCT, Kogi In N16bn Food Programme

…FCT Minister, Kogi Gov applaud ADF

 
The Federal Capital Territory(FCT) Abuja and the Kogi State Government have received food donation from the Aliko Dangote Foundation (ADF), as part of the N16 billion Annual National Food Intervention programme launched last month.
Speaking at the flag off Tuesday in Abuja, Senior Special Adviser to the President of Dangote Group, Hajiya Fatima Wali Abdurrahman, said 10,000 bags of 10kg rice were donated to the Federal Capital Territory(FCT), Abuja for onward distribution to the poor and the vulnerable persons.
She said the intervention programme by the Aliko Dangote Foundation is aimed at supporting governments at all levels to cushion the effects of economic challenges in the country.
According to her, the intervention programme debut in 2024 when the company donated food worth N15billion to all the 774 Local Government Areas in the country.
She said Chairman of the Aliko Dangote Foundation, Alhaji Aliko Dangote, is passionate about given back to the society, and the needy especially.
Speaking at the flag off ceremony, Minister of the FCT Nyesom Wike, who was represented by Ango Abdullahi Suleiman, said the government appreciates Alhaji Aliko Dangote’s gesture.
The Minister said Mr. Dangote has contributed enormously to the economic development of Nigeria, while promising to ensure that the food items reach the poor.
Meanwhile, in Kogi State, the Commissioner for Humanitarian Affairs and Poverty Alleviation, Hajia Rabietu Okute, said 40,000 bags of 10kg rice have been received from the ADF.
She said the food items were distributed to the poor and vulnerable persons in the State.
On the distribution process, she explained that it followed Governor Ahmed Usman Ododo’s directive, who tasked the committee with ensuring the food items reach vulnerable residents across the state.
Mrs. Okute stated that the distribution was flagged off in the state on March 26, 2025.
Speaking on how the food items were shared, the Commissioner said: “We shared the 40,000 bags of rice through the 21 Local Government Areas. The LGAs also shared the product to the 239 wards.”
She added: “Before this, a committee of 12 persons per Local Government was set up, and the State Government moblized the committees. The products were distributed to vulnerable  groups like the union of disabilities and the 23 orphanages in the State.”
The Commissioner applauded the Aliko Dangote Foundation, while describing the intervention as a genuine act compassion and philantrophy.
She added: “On behalf of the people and government of Kogi State, we want to thank the Aliko Dangote Foundation, and specifically Alhaji Aliko Dangote himself for this food support. We are grateful and happy, and it means a lot to us. May God continue to support him and his businesses.”
Responding, General Manager Community Affairs/Special Duties, Dangote Cement Plc, Mr. Ademola Adeyemi, who supervised the distribution on behalf of ADF, said the food donation to Kogi will further boost the relationship between the company and the state.
Managing Director and Chief Executive Officer of the Aliko Dangote Foundation, Zouera Youssoufou, had said that the Annual National Food Intervention programme is a way of giving back, and supporting governments in fighting poverty and hunger in Nigeria.
She said Mr. Dangote is passionate about philanthropy and committed to ensuring that hunger is reduced to the minimum in Nigeria.

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