• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, June 12, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

Groups Petition NASS Over Dissolved National Steel Council

LEADERSHIP News by LEADERSHIP News
2 years ago
in Business
NASS 1
Share on WhatsAppShare on FacebookShare on XTelegram

A petition submitted by a civil society at the National Assembly, has unravelled how the recently dissolved National Steel Council board wrecked the organisation and the nation.

LEADERSHIP reports that despite the that President Bola Ahmed Tinubu had earlier dissolved all boards of the federal government agencies and parastatals, that of the National Steel Council breached the Presidential order and was  still operating until the Senate, through a motion and the House of Representatives, committee on Steel Development asked that the council should be dissolved.

The Senate’s resolution followed a civil society organisation (CSO), Alliance for Credible Legislative Conducts (ACLC) called on the National Assembly to investigate the National Steel Council (NSC) for disregarding President Bola Ahmed Tinubu’s order for dissolution which the Board feigned ignorance that they were not affected.

Before they were dissolved, the NSC board informed the minister of Steel Development, Shuaibu Abubakar Audu, of an alleged N1 billion fraud that it linked to its executive secretary, Abdulqadir Musafari.

The council, in a March 15, 2024 letter, told the minister that Musafari had allegedly “failed, refused and/or neglected to avail the council of any information concerning his activities on behalf of the council, if duly authorised.”

But revelations have emerged that the dissolved council approved finance for themselves above the threshold stipulated by Bureau for Public Enterprises (BPP) and when the Executive Secretary rejected their offer, hence the allegations of administrative and financial infractions in the council.

It was gathered that upon inauguration, the council took over the administrative process of making a request to the Minister to supply office requirements, procure vehicles, appoint legal counsel/consultant without budgetary provisions and due process, a matter which requires the input of the Attorney General of the Federation.

 

Also, it was gathered that the council misrepresented their mandate and allocated N75 million for their chairman while council members were allocated N50 million.

 

It was gathered that the executive secretary who is to run the administrative and financial aspects of the council was only allocated N25 million.

 

Documents showed that the council rented two offices without budgetary allocation and paid a deposit N50 million for an office it never occupied and was later collected back by one of the council members because the council could not afford a 5 year lease which is contrary to financial regulations.

 

In their quest to perform beyond a supervisory role, the dissolved council made attempts to open an account in a commercial bank which is against the TSA policy of the federal government.

 

Facts also revealed that the fact finding committee appointed by the minister of  Steel Development in a letter requested for about N10 million as its allowance in a letter to the Chairman of the dissolved council.

 

This, according to the Civil Society organisation “puts a question of credibility and objectivity to the report submitted by that kind of committee”.

RELATED NEWS

Early Procurement Saves Nigeria ₦61.58bn As Global Fertiliser Prices Soar

Equities Market Dips 0.05% As Investors Shed N73bn

Access Holdings Affirms Long-term Value Strategy

 

To this end, a civil society organisation (CSO), Alliance for Credible Legislative Conducts (ACLC) has called on President Bola Ahmed Tinubu through the anti corruption agencies to investigate the dissolved council and ensure that anything taken illegally is returned.

 

 

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Nigerians can invest ₦2.5million on premium domains and earn about ₦17-25Million. Earnings in USD. Rather than wonder, click here to find out how it works
LEADERSHIP News

LEADERSHIP News

OTHER NEWS UPDATES

Early Procurement Saves Nigeria ₦61.58bn As Global Fertiliser Prices Soar
Business

Early Procurement Saves Nigeria ₦61.58bn As Global Fertiliser Prices Soar

7 hours ago
Equities Market Dips 0.05% As Investors Shed N73bn
Business

Equities Market Dips 0.05% As Investors Shed N73bn

8 hours ago
Access Holdings Affirms Long-term Value Strategy
Business

Access Holdings Affirms Long-term Value Strategy

9 hours ago
Next Post
Politicians Plotting To Undermine Tinubu’s Re-election – AYCF

'1 Year After, MSMEs Not Benefiting From FG’s Promised N200bn Funding'

Advertisement

LATEST UPDATE

Tinubu Opens Airport–Kuje Highway, Hails Wike As ‘Performer’

7 hours ago

Gilberto Mora Becomes Youngest Mexican Ever At FIFA World Cup

7 hours ago

Agbomhere Blasts VeryDarkMan, Urges Support For Security Agencies

7 hours ago

Early Procurement Saves Nigeria ₦61.58bn As Global Fertiliser Prices Soar

7 hours ago

FG Trains 100 Zamfara Youth, Commissions NADDC Automotive Centre In Gusau

7 hours ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.