Investogist
No Result
View All Result
Sunday, September 14, 2025
  • News
    • All
    • Africa
    • Nigeria
    • World
    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    Larry Ellison tops Elon Musk as world’s richest person

    Larry Ellison tops Elon Musk as world’s richest person

    Finland charges Simon Ekpa with inciting terrorism

    Simon Ekpa sentenced to six years in Prison for terrorism offences

    UK Court awards £20m Damages in favour of Nigeria against P&ID

    FG, States, LGs share ₦2.00 Trillion for month of July 2025

    SEC warns against investing with GVEST Global’s illegal schemes

    SEC warns against investing with GVEST Global’s illegal schemes

    Only 23% of Nigerians trust INEC- Report says

    APGA candidates win Anambra by-elections

    US deficit grows to US$291 billion in July – Reports

    US deficit grows to US$291 billion in July – Reports

    Onitsha River Port receives first container barge for 2025 season

    Onitsha River Port receives first container barge for 2025 season

    JAMB sets 150 as cut-off mark for 2025/2026 university admissions

    WAEC releases 2025 WASSCE results, how to check yours

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    The New Tax Acts and Tax ID – What You Need to Know

    The New Tax Acts and Tax ID – What You Need to Know

    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Nigeria Custom Service begins recruitment

    Nigeria Customs Service Recruitment: 573,000 Applicants Compete for 3,927 Vacancies

    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    Shareholders of Academy Press Plc to consider share capital increase at AGM

    Shareholders of Academy Press Plc to consider share capital increase at AGM

    Dangote refinery set to import Crude oil from Brazil

    Dangote Refinery sets date for Free Fuel Distribution, Slashes Petrol Price to N841/Litre

    Insurance recapitalisation plans to be submitted by Sept. 30, 2025 – NAICOM

    Insurance recapitalisation plans to be submitted by Sept. 30, 2025 – NAICOM

    Regency Alliance Insurance Plc Board pass resolutions, No Dividend recommendation

    Regency Alliance Insurance Plc to issue another share bonus

    UBA Plc profit for H1 2021 grew by 36.35% to N60.58 billion

    UBA extends closure of Rights Issue

    Board of Fidson Healthcare Plc approve 55 kobo Dividend

    Fidson signs partnership agreement to boost specialized medicine production

    Sovereign Trust Insurance Plc obtains approval for a Rights Issue of 2.84bn shares

    Sovereign Trust Insurance to raise ₦20.00 billion new capital

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Beta Glass Plc Shareholders to be presented with a N1.04 dividend for 2020

    STANBIC IBTC ETF 30 announces ₦3.144 interim Dividend

    CAP Plc Shareholders approve N2.10kobo dividend per ordinary share for 2020 financial year

    SIAML Pension ETF 40 announces ₦12.44 interim Dividend

    Cutix Plc founder sells additional 1.8 million shares of the company

    VFD Group Plc Employees and others sell millions of VFD Group shares

    Nigerian Exchange – Stock Market report for the week ended 7th July, 2023

    The Nigerian Exchange records impressive performance in H1 2025

    Cryptocurrency: XRP hits new All-Time High at US$3.65

    Cryptocurrency: XRP hits new All-Time High at US$3.65

    NGX suspends trading in the shares of four listed companies

    Banking stocks plunge after CBN suspends banks under regulatory forbearance from paying dividends

    ELECTION: Cutix Plc reschedules Board Meeting

    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Again DMO offers N360 billion FGN bond for February

    DMO offers N300 billion FGN bond for auction in May

    NGX Daily Equities Market Report: Market gains for third consecutive days

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    Larry Ellison tops Elon Musk as world’s richest person

    Larry Ellison tops Elon Musk as world’s richest person

    Finland charges Simon Ekpa with inciting terrorism

    Simon Ekpa sentenced to six years in Prison for terrorism offences

    UK Court awards £20m Damages in favour of Nigeria against P&ID

    FG, States, LGs share ₦2.00 Trillion for month of July 2025

    SEC warns against investing with GVEST Global’s illegal schemes

    SEC warns against investing with GVEST Global’s illegal schemes

    Only 23% of Nigerians trust INEC- Report says

    APGA candidates win Anambra by-elections

    US deficit grows to US$291 billion in July – Reports

    US deficit grows to US$291 billion in July – Reports

    Onitsha River Port receives first container barge for 2025 season

    Onitsha River Port receives first container barge for 2025 season

    JAMB sets 150 as cut-off mark for 2025/2026 university admissions

    WAEC releases 2025 WASSCE results, how to check yours

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    The New Tax Acts and Tax ID – What You Need to Know

    The New Tax Acts and Tax ID – What You Need to Know

    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    United States scraps visa dropbox service for Nigerian applicants

    President Donald Trump cancels protection for 500,000 Haitian migrants

    Spain golden visa scheme ends as Portugal and Greece demand increases

    Spain golden visa scheme ends as Portugal and Greece demand increases

    CBN fines nine banks 150 million Naira each for failing to dispense cash

    CBN ends free ATM withdrawals for other banks’customers

    FG increases private university application fee from N5m to N25m

    FG increases private university application fee from N5m to N25m

    United States scraps visa dropbox service for Nigerian applicants

    United States scraps visa dropbox service for Nigerian applicants

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    Nigeria Custom Service begins recruitment

    Nigeria Customs Service Recruitment: 573,000 Applicants Compete for 3,927 Vacancies

    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

    Shareholders of Academy Press Plc to consider share capital increase at AGM

    Shareholders of Academy Press Plc to consider share capital increase at AGM

    Dangote refinery set to import Crude oil from Brazil

    Dangote Refinery sets date for Free Fuel Distribution, Slashes Petrol Price to N841/Litre

    Insurance recapitalisation plans to be submitted by Sept. 30, 2025 – NAICOM

    Insurance recapitalisation plans to be submitted by Sept. 30, 2025 – NAICOM

    Regency Alliance Insurance Plc Board pass resolutions, No Dividend recommendation

    Regency Alliance Insurance Plc to issue another share bonus

    UBA Plc profit for H1 2021 grew by 36.35% to N60.58 billion

    UBA extends closure of Rights Issue

    Board of Fidson Healthcare Plc approve 55 kobo Dividend

    Fidson signs partnership agreement to boost specialized medicine production

    Sovereign Trust Insurance Plc obtains approval for a Rights Issue of 2.84bn shares

    Sovereign Trust Insurance to raise ₦20.00 billion new capital

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    Beta Glass Plc Shareholders to be presented with a N1.04 dividend for 2020

    STANBIC IBTC ETF 30 announces ₦3.144 interim Dividend

    CAP Plc Shareholders approve N2.10kobo dividend per ordinary share for 2020 financial year

    SIAML Pension ETF 40 announces ₦12.44 interim Dividend

    Cutix Plc founder sells additional 1.8 million shares of the company

    VFD Group Plc Employees and others sell millions of VFD Group shares

    Nigerian Exchange – Stock Market report for the week ended 7th July, 2023

    The Nigerian Exchange records impressive performance in H1 2025

    Cryptocurrency: XRP hits new All-Time High at US$3.65

    Cryptocurrency: XRP hits new All-Time High at US$3.65

    NGX suspends trading in the shares of four listed companies

    Banking stocks plunge after CBN suspends banks under regulatory forbearance from paying dividends

    ELECTION: Cutix Plc reschedules Board Meeting

    Weekly Report: Nigerian Exchange sees mixed performance as Cutix Plc emerge top gainer

    Again DMO offers N360 billion FGN bond for February

    DMO offers N300 billion FGN bond for auction in May

    NGX Daily Equities Market Report: Market gains for third consecutive days

    CSCS Plc explores listing on the Nigerian Exchange (NGX)

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

Revealed: Osun Senator spent N2.5m out of N40m training allocation

Thursday, 24 September 2020, 9:25 am
in News, Nigeria
0
Revealed: Osun Senator spent N2.5m out of N40m training allocation
Share Share Share Share Send as Email

TrackaNG, an independent project monitoring, and tracking organization, has faulted the claims by the Senator representing Osun West Senatorial District, Adelere Oriolowo, on money spent for his 2020 constituency projects.

The group alleged that the Senator spent less than 10% of the allocated amount for the practical skill development and training of youths and women in fishing in selected areas in Osun West Senatorial District, Osun State on the beneficiaries.

The monitoring organization which is a project by BudgIT Nigeria, – a civic tech organization with focus on raising the standards of transparency, citizen engagement and accountability most especially in public finance alleged that Oriolowo spent only N2.5 million out of the N40 million allocation he received for the training programme on the beneficiaries.

This was disclosed on Wednesday in a tweet via the official Twitter handle of the group.

The tweet read, “N40m was allocated in the 2020 Federal Government Zonal Intervention Programme for practical skill development and training of youths and women in fishing in selected areas in Osun West Senatorial District, Osun State.

“We confirmed (that) 50 participants selected across 10 Local Government Areas, attended the training and received N50,000 (each) as start-up grant.”

In a separate tweet on Wednesday, TrackaNG disclosed that a multi-million naira Small Hydropower development in Ikeji Ile Oriade LGA, Osun state has been abandoned since 2018 by the contractor.

The group wrote “REVEALED!!! Dear @GboyegaOyetola Here is a multi-million naira Small Hydropower Dev in Ikeji Ile Oriade LGA, Osun state. The project has been ABANDONED since 2018 by the contractor and overgrown by weeds. Kindly reach out to the relevant authorities to do the needful.”

N40m was allocated in the 2020 FG ZIP for practical skill dev and training of youths and women in fishing in selected areas in Osun West Sen.District, Osun State.

We confirmed 50 participants selected across 10 LGAs, attended training and received N50,000 as start-up grant. pic.twitter.com/HGwN1AP3OF

— Tracka (@TrackaNG) September 23, 2020

Senator Oriolowo is yet to comment on this allegation at the time of this report.

In another development, TrackaNG said that Afelele/GRA road in Offa, Kwara State awarded to Denod Energy Resources Limited has been abandoned since 2019.

The group called on relevant authorities to do the needful.

Dear @ICPC_PE

This is Afelele/GRA road in Offa, Kwara State.

Awarded to DENOD ENERGY RESOURCES LIMITED.

Our community champion representative in Kwara state reported that the road has been ABANDONED since last year.

Kindly help do the needful. #GetInvolved https://t.co/IhhTLmoy3J pic.twitter.com/PWYej2zuuP

— Tracka (@TrackaNG) September 23, 2020

Written by;

Ifunanya Ikueze

Related Posts:

  • Lagos-State-Commissioner-for-Women-Affairs-and-Poverty-Alleviation-Mrs.-Bolaji-Dada
    Lagos to gift 800 widows N40m
  • New naira notes
    Security features of the new naira notes revealed by the CBN
  • Cement prices
    Revealed: Cement price hike caused by low production
  • important announcement
    Derivatives and the Nigerian Capital Market…
Previous Post

Equity Investors gain N66.96bn as MTNN account for almost 50% of the transaction value

Next Post

Julius Berger Nig Plc diversifies into Agro-processing

Next Post
Julius Berger Nig. Plc falls under the hammer of Covid-19, as loss amounts to over N1.9 bn in H1 2020

Julius Berger Nig Plc diversifies into Agro-processing

Please login to join discussion
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

The New Tax Acts and Tax ID – What You Need to Know

The New Tax Acts and Tax ID – What You Need to Know

Regency Alliance Insurance Plc Board pass resolutions, No Dividend recommendation

Regency Alliance Insurance Plc to issue another share bonus

President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

Nigeria Custom Service begins recruitment

Nigeria Customs Service Recruitment: 573,000 Applicants Compete for 3,927 Vacancies

The New Tax Acts and Tax ID – What You Need to Know

The New Tax Acts and Tax ID – What You Need to Know

President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

President Noboa Stuns Nation with Sudden Diesel Subsidy Slash in Ecuador

Shareholders of Academy Press Plc to consider share capital increase at AGM

Shareholders of Academy Press Plc to consider share capital increase at AGM

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2025 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved