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Ikpeazu denies corruption allegation, affirms PDP membership

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A former governor of Abia State, Okezie Ikpeazu, has denied being indicted in any corruption-related matter.

He also affirmed his membership in the People’s Democratic Party.

The ex-governor was recently nominated by President Bola Tinubu for an ambassadorial position and is awaiting Senate confirmation.

Sunday PUNCH had analysed the nominees, spotlighting five surrounded by controversies.

In Ikpeazu’s case, our correspondent referenced a Premium Times report on a 2024 KPMG document.

The 359-page document, titled ‘Final Report: Provision of Process Review Services to Abia State Government,’ was said to have flagged financial irregularities under the former governor’s administration.

It was also reported that the state government submitted a copy of the document to the Economic and Financial Crimes Commission for possible prosecution of those indicted.

But responding in a statement on Sunday, Ikpeazu said the KPMG report was misrepresented.

In the statement, Ikpeazu’s media adviser, Enyinnaya Appolos,  argued that no audit of Abia State’s accounts was carried out; rather, KPMG conducted only a process review.

He said, “What the current administration commissioned was a process review — not a financial audit, not a forensic investigation, and certainly not an indictment.”

According to him,  the document explicitly stated that the assignment was not conducted in the capacity of a statutory auditor, nor was KPMG required to render any opinion on the state’s financial statements.

The document quoted by Appolos was addressed to the Abia State Governor and was sighted by our correspondent on Sunday.

The document, dated March 2, 2024, read in part, “This assignment was not performed by us in the capacity of a statutory auditor. Hence, this is not any form of financial statement audit of ABSG or any entity listed in the report. We are, therefore, not required to render an opinion on the financial statements of ABSG or any entity listed in the report.

“Rather, we have performed the procedures we considered appropriate in the circumstances and in line with the relevant KPMG methodology.

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“We were also not required to review the adequacy or otherwise of the output of the prior or current external auditors and/or consultants of ABSG.”

KPMG added that it “did not conduct a trial or inquiry in the course of the assignment, act as a tribunal, commission of inquiry, or in any judicial or quasi-judicial role; perform any adjudicatory function whatsoever; or conduct any exercise aimed at determining whether any person was guilty or innocent of any offence.”

Appolos stressed that “a process review cannot ‘indict’ anyone. It merely evaluates procedural compliance. It cannot make findings of guilt or wrongdoing.”

He also dismissed claims that Ikpeazu diverted N1.9tn, describing it as impossible.

“Abia State under Ikpeazu did not generate or access up to N1tn in total revenue in eight years. How does someone divert what does not exist?” he added.

He noted that the EFCC and other anti-corruption agencies had previously reviewed and dismissed as politically-motivated allegations of diversion of N10bn meant for the Abia Airport project.

Appolos noted that since leaving office in 2023, Ikpeazu had never been charged, prosecuted, or invited by any court over corruption allegations.

“Dr Ikpeazu served Abia State diligently for eight uninterrupted years and left office without legal or administrative blemish,” he added.

He also dismissed the notion that Ikpeazu had dumped the PDP for the APC.

Appolos said, “His Excellency Okezie Ikpeazu has never defected to the APC. He remains a card-carrying and loyal member of the PDP.

“Only three weeks ago, he attended the PDP stakeholders’ meeting held on 18 November 2025. Any suggestion that he joined the APC is not only false but easily disproved by public records and party officials.”

See also  NNPP presidential ticket not exclusive to Kwankwaso – National Chairman, Ahmed

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I am open to reconciling with Kano gov – Kwankwaso

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Former Kano State Governor and national leader of the Kwankwasiyya movement, Senator Rabiu Kwankwaso, says he remains willing to forgive Governor Abba Yusuf and reconcile with him despite their political differences, insisting that his affection for his former protégé has not diminished.

Relationship between the two politicians soured after Yusuf defected from the New Nigeria People’s Party, under which he won the 2023 governorship election, to the ruling All Progressives Congress, a move that drew sharp criticism from members of the Kwankwasiyya movement.

Speaking in an interview in a video posted by BBC Hausa on Monday, Kwankwaso, who has also defected from NNPP to the Nigeria Democratic Congress, said the door to reconciliation remains open.

He stressed that Yusuf was the one who chose to leave their political fold and that he would not turn him away if he decided to return.

“I still love Abba and I didn’t reject him, he is the one that left. So not just Abba, if anyone who left comes back, I won’t be unforgiving. Look at Ganduje, in the many years we worked together, we fell out several times and got back together. That is how politics works,” he said.

Kwankwaso argued that Yusuf’s electoral victory was made possible by the strength of the movement.

“We picked Abba to contest under the NNPP and we won, but he left to join the people we defeated. Some say he did so because he feared losing his position, but he knows there was no way we would have been defeated in Kano. If that were the case, we would have lost when he contested under our party,” he stated.

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The former governor further explained that the movement intentionally fielded Yusuf in 2023 to demonstrate its political influence.

“We did not choose him because he was the most senior or the most educated. We chose him because we wanted to test the strength and calibre of the Kwankwasiyya movement at that time,” he said.

Emphasising the importance of tolerance in leadership, Kwankwaso said leaders must accept differing opinions and embrace forgiveness.

“As a leader, you need to have an open heart. You cannot force people to think the way you do because we all come from different backgrounds and have different perspectives. Without forgiveness, we would not have come this far,” he added.

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Peter Obi slams Tinubu over rising debt, says N200tn borrowed without accountability

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The 2027 presidential candidate of the Nigeria Democratic Congress, Peter Obi, has criticised President Bola Tinubu’s administration over what he described as excessive borrowing and poor fiscal accountability.

Obi said Nigeria’s total public debt has risen to about N200 trillion, which he attributed to what he called “imprudent governance” under the current administration.

He said the debt level represents an increase of over N100 trillion in three years, contrasting it with the approximately N49 trillion accumulated during the eight-year administration of former President Muhammadu Buhari.

The former Labour Party presidential flagbearer in the 2023 election stated this in a statement posted on his X handle on Tuesday, saying the situation reflected a lack of accountability and transparency in the management of borrowed funds.

“President Bola Tinubu’s administration has engaged in remarkably imprudent borrowing, escalating Nigeria’s total debt to approximately N200 trillion. This represents an increase of over N100 trillion within a mere three years, a stark contrast to the roughly N49 trillion accumulated during President Muhammadu Buhari’s eight-year tenure, which would have projected to around N80 trillion.

“As millions of Nigerians grapple with the shock of this unsustainable debt accumulation, the situation is exacerbated by the government’s reckless approach to borrowing and a profound absence of accountability and transparency in the utilisation of these funds,” he said.

Citing figures from the Budget Office, Obi said the government borrowed N11.89 trillion in the first three quarters of 2025 (January to September), exceeding its planned borrowing target of N10.34 trillion by about N1.54 trillion.

See also  Ogun monarchs, traders mobilise for Tinubu’s re-election, Yayi’s gov bid ahead of 2027

He said such an overrun should ordinarily attract scrutiny and explanation from relevant authorities.

“Under a responsible and accountable government, such an overshoot would necessitate rigorous scrutiny and explanation from relevant governmental bodies. Regrettably, this is not the reality under the current administration,” he said.

Obi further claimed that only N3.10 trillion of the borrowed funds was allocated to capital expenditure during the January–September 2025 period, representing 17.66 per cent of the N17.58 trillion earmarked for capital projects, leaving a funding gap of about N14.48 trillion.

He questioned how the remaining funds were utilised.

“The most disturbing aspect of the financial management fiasco under Bola Tinubu is that there is no explanation or information regarding how the balance was utilised or deployed.

“The question that Nigerians are rightly asking and deserve an answer to is what happened to the balance? Was it deployed for recurrent expenditure/consumption, for the entertainment of guests to Aso Rock or transferred to the Renewed Hope Agenda 2027 Election Campaign Fund?

“Nigerians deserve an answer on how our economy and resources are most unpatriotically managed,” he said.

Nigeria has faced mounting debt pressures since the Tinubu administration’s major reforms began in mid-2023, including the removal of long-standing fuel subsidies and unification of the foreign exchange market.

These moves aimed to correct fiscal distortions but triggered immediate inflation spikes, naira volatility, and higher living costs, while increasing the local-currency burden of debt servicing.

Tinubu had disclosed in May 2026 that Nigeria plans to spend about $11.6 billion on debt servicing in 2026.

See also  Jigawa PDP Disowns ‘Fake Delegates’ At Ibadan Convention

While supporters of the government argue that borrowings support critical infrastructure, critics warn of a debt without growth trap.

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ADC alleges PVC mop-up, fake Amotekun plot

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The African Democratic Congress (ADC) governorship candidate in Ekiti State, Dare Bejide, on Monday, alleged mop-up of Permanent Voter Cards in parts of the state by some agents who he said were illegally collecting the document.

The Director, Communications, Media and Publicity, Amb Dare Bejide Campaign Organisation, Chief Gboyega Aribisogan, said the perpetrators, who he identified as All Progressives Congress agents, wanted to use the cards for sinister purposes, as he appealed to residents not to succumb to such.

Aribisogan also alleged at a press briefing in Ado Ekiti that some political thugs were being kitted in fake Amotekun Security Network uniforms, adding that “the individuals are being trained and mobilised to intimidate voters, snatch ballot boxes and attack polling agents on election day.”

The ADC campaign spokesperson, who said the impersonation of Amotekun operatives was a deliberate plot to confuse voters and discredit a regional security outfit that Ekiti people trusted.

He called on the Ekiti Amotekun Corps Commander, Brig Gen Olu Adewa (retd) and the police “to immediately identify and arrest anyone found wearing an Amotekun uniform without authorisation.”

Aribisogan said, “Across several local government areas in Ekiti, our party has documented a pattern where agents and foot soldiers of the APC are moving from house to house and polling units demanding the collection of PVCs and National Identification Numbers from voters.

“They promised cash, food items, or welfare support in exchange. This is a direct violation of Section 121 of the Electoral Act 2022, which prohibits voter inducement and the seizure of voter cards.

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“The aim is clear – disenfranchise citizens, harvest PVCs, and use them for thumb-printing and multiple voting on election day. No citizen should surrender their PVC or NIN to any political party agent. Your PVC is your power. Once you give it up, you give up your voice.”

He called on the Independent National Electoral Commission to issue a public warning against PVC and NIN harvesting and to deploy its monitoring teams to flashpoints immediately.

“We use this medium to tell Ekiti people not to be intimidated. Do not surrender your PVC or NIN. Do not be cowed by thugs in borrowed uniforms. Your vote is your right, and it is your power. Come out on election day, vote and protect your vote,” Aribisogan stated.

But the APC state Publicity Secretary, Segun Dipe, who spoke in a telephone interview, said the ADC members had only displayed their ignorance once again with their allegations.

Dipe, who said advanced technology had made use of another person’s PVC impossible, queried what APC would want to do with anybody’s voter card.

“The ADC have run out of what to say, and they are only displaying their ignorance. Nobody is mopping up PVCs.

“We will pardon their ignorance if they think that you can collect anybody’s PVC. Why can’t they collect another person’s PVC and see how useful or useless it is? So we are pardoning their ignorance,” he said.

The APC spokesperson, who also dismissed the allegation of kitting thugs in Amotekun outfits, said, “Amotekun is the project of the APC government. It is not the project of any other person. So why would we get fake Amotekun when we can recruit as many people into Amotekun?

See also  Ogun monarchs, traders mobilise for Tinubu’s re-election, Yayi’s gov bid ahead of 2027

“The duty of Amotekun is different. Amotekun is to ensure that people are not kidnapped; they go into the bushes. Are we kitting fake people to go into the bushes? So again, we pardon their ignorance for not knowing the roles and functions of Amotekun.”

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