Skip to content
September 15, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Ex-federal budget officer in ICPC’s net over N5.5million gratification
  • National News

Ex-federal budget officer in ICPC’s net over N5.5million gratification

Admin September 6, 2018

ICPC head office

Ex-federal budget officer in ICPC’s net over N5.5million gratification

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Thursday said it had arrested a former federal budget officer, for allegedly receiving gratification to the tune of N5.5 million.

ICPC’s Spokesperson, Mrs Rasheedat Okoduwa, identified the suspect as Henry Oyibo, in a statement issued in Abuja.

According to the statement, Oyibo, formerly with the Budget Office of the Federation, is at the moment with the Ministry of Niger Delta.

She said that preliminary investigation by the commission revealed that Oyibo received the money to facilitate the release of funds, budgeted for the Federal Medical Centre, Lokoja, between 2014 and 2015.

Okoduwa alleged that the inducement came from the Director of Finance and Accounts, Mr Sule Otu, and three other members of staff of the centre.

According to her, the suspect was at the time acting as the liaison officer between the budget office and the medical centre.

“The actions of the officials, which border on corrupt offer and receipt of gratification by public officers, are contrary to Sections 8, 9, 16 and 19 of the Corrupt Practices and Other Related Offences Act, 2000.

“Further investigation also revealed that Oyibo owns assets valued far beyond his legitimate earnings, in breach of Section 44 (2) of the ICPC Law.

“All the suspected staff of the Federal Medical Centre, who had been in custody before, were granted bail and released by the commission.

“Oyibo, who is now in custody, will be released upon the fulfillment of his bail conditions,’’ she said.

The ICPC image maker said, however, that the suspects would be arraigned “as soon as investigations are completed.’’

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: Former federal budget officer Henry Oyibo ICPC Independent Corrupt Practices and other Related Offences Commission Mrs Rasheedat Okoduwa

Post navigation

Previous Jubilation at Utako market as Osinbajo inaugurates TraderMoni
Next Flooding submerges 64 communities in Kogi State

Related Stories

INEC chairman Prof Joash Amupitan to keynote GOCOP 2026 conference
  • National News

INEC chairman Prof Joash Amupitan to keynote GOCOP 2026 conference

September 14, 2026
Troops arrest suspected drug peddler, foil terrorist attack, rescue two kidnap victims in Kaduna, Sokoto States Troops
  • National News

Troops arrest suspected drug peddler, foil terrorist attack, rescue two kidnap victims in Kaduna, Sokoto States

September 14, 2026
Dangote Opens N2.15tn Refinery IPO to Democratise Wealth Aliko Dangote
  • Business & Economy
  • National News

Dangote Opens N2.15tn Refinery IPO to Democratise Wealth

September 14, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

FG Raises ₦1.23tn via Bonds to Tackle ₦4tn Power Sector Debt
  • Business & Economy

FG Raises ₦1.23tn via Bonds to Tackle ₦4tn Power Sector Debt

September 14, 2026
Steve Osuji’s 2027 Prophetic Fantasy, By Sunday Dare
  • Commentaries

Steve Osuji’s 2027 Prophetic Fantasy, By Sunday Dare

September 14, 2026
INEC chairman Prof Joash Amupitan to keynote GOCOP 2026 conference
  • National News

INEC chairman Prof Joash Amupitan to keynote GOCOP 2026 conference

September 14, 2026
Troops arrest suspected drug peddler, foil terrorist attack, rescue two kidnap victims in Kaduna, Sokoto States Troops
  • National News

Troops arrest suspected drug peddler, foil terrorist attack, rescue two kidnap victims in Kaduna, Sokoto States

September 14, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.