Close Menu
    What's Hot

    EFCC Arraigns Blessing CEO for Fresh Alleged ₦69.1m Fraud

    June 10, 2026

    EFCC Moves to Re-arraign National Assembly Directors for Alleged ₦337m Fraud

    June 10, 2026

    Shettima Hails EFCC as Anti-Graft Agency Opens Ekiti Office

    June 9, 2026

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter) Instagram
    KokoCurrent
    • Get In Touch
    Facebook X (Twitter) Instagram Pinterest
    • Business
    • Celebrities
    • Crime & Justice
    • Economy
    • Energy
    • Entertainment
    • Health
    Subscribe
    KokoCurrent
    Home»EFCC»How Alleged ₦5.78bn Kwara UBEC Funds Were Spent on Salaries, Loans, Road Projects – EFCC Witness
    EFCC

    How Alleged ₦5.78bn Kwara UBEC Funds Were Spent on Salaries, Loans, Road Projects – EFCC Witness

    Staff EditorBy Staff EditorFebruary 19, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email Copy Link

    The trial of former Kwara State Governor, Abdulfatah Ahmed, and his Commissioner for Finance, Ademola Banu, over the alleged diversion of ₦5.78 billion Universal Basic Education Commission (UBEC) funds resumed on Monday, February 16, 2026, with fresh revelations before Justice Mahmud Abdulgafar of the Kwara State High Court sitting in Ilorin.

    Testifying as the sixth prosecution witness, an investigator with the Economic and Financial Crimes Commission (EFCC), Stanley Ujilibo, told the court that funds released to the Kwara State Government for 2013, 2014, and 2015 were not utilised in line with the action plans submitted by the Kwara State Universal Basic Education Board (SUBEB).

    Ahmed and Banu are being prosecuted by the Ilorin Zonal Directorate of the EFCC over the alleged diversion of part of the ₦5.78 billion UBEC funds, contrary to the purpose for which the funds were released.

    Led in evidence by Adebisi Adeniyi, the witness, Ujilibo, informed the court that SUBEB had presented detailed action plans outlining various educational projects across the state. With evidence of counterpart funding, the Board sought to persuade the Federal Government, through UBEC, to release the matching grants for the benefit of pupils in primary and junior secondary schools.

    Addressing the court, Ujilibo stated: “My Lord, a team of officials from the Kwara State Universal Basic Education Board (SUBEB), comprising the Chairman, Director of Finance and Accounts, Project Manager, and other top management officials, went to Abuja to defend the action plans for 2013, 2014, and 2015, citing the deplorable state of primary and junior secondary education across the 16 Local Government Areas of the state.”

    However, the sixth prosecution witness disclosed that investigations revealed that the funds were moved from the UBEC matching grant accounts into the Kwara State Government’s central account domiciled in a commercial bank.

    He added that while a portion of the funds was spent on projects such as the reconstruction of Omosebi Bridge, Coca-Cola Road Bridge, Michael Imodu/Afon Junction Road, Lafiaji Township Road, and the rehabilitation of the Ilorin water supply network, these projects had no direct link to basic education.

    He further told the court that the sum of ₦952,297,227.30 (Nine Hundred and Fifty-Two Million, Two Hundred and Ninety-Seven Thousand, Two Hundred and Twenty-Seven Naira, Thirty Kobo), being the UBEC fund for 2014, was used for the principal liquidation of a loan.

    He added that a request allegedly signed by the second defendant, Banu, sought approval to obtain a ₦1 billion loan from SUBEB counterpart funds to augment workers’ salaries.

    According to the witness, the funds meant for improving infrastructure and learning conditions in primary and junior secondary schools were ultimately deployed for purposes outside their statutory mandate and without direct benefit to pupils.

    Following the conclusion of the prosecution’s examination-in-chief, Justice Abdulgafar adjourned the matter until April 20, 2026, for the cross-examination of the witness.

    EFCC UBEC
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleLagos Court Jails Man One Year for ₦37m Forex Fraud
    Next Article Nasir El-Rufai Detained by ICPC Amid Ongoing Financial Investigation
    Staff Editor
    • Website

    Related Posts

    EFCC

    EFCC Arraigns Blessing CEO for Fresh Alleged ₦69.1m Fraud

    By Staff EditorJune 10, 2026
    EFCC

    EFCC Moves to Re-arraign National Assembly Directors for Alleged ₦337m Fraud

    By Staff EditorJune 10, 2026
    EFCC

    Shettima Hails EFCC as Anti-Graft Agency Opens Ekiti Office

    By Staff EditorJune 9, 2026
    EFCC

    EFCC Arraigns Husband, Wife for ₦1bn Fraud in Ado-Ekiti

    By Staff EditorJune 9, 2026
    EFCC

    Man Bags 12-Year Jail Term for Stealing ₦64m in Lagos

    By Staff EditorJune 8, 2026
    EFCC

    Sports, Unifying Tool for Youths Against Internet Fraud – Olukoyede

    By Staff EditorJune 8, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Editors Picks
    Latest Posts

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Don't Miss

    EFCC Arraigns Blessing CEO for Fresh Alleged ₦69.1m Fraud

    By Staff EditorJune 10, 2026

    The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC), on Tuesday,…

    EFCC Moves to Re-arraign National Assembly Directors for Alleged ₦337m Fraud

    June 10, 2026

    Shettima Hails EFCC as Anti-Graft Agency Opens Ekiti Office

    June 9, 2026

    EFCC Arraigns Husband, Wife for ₦1bn Fraud in Ado-Ekiti

    June 9, 2026
    Demo
    Top Posts

    EFCC secures conviction of ex-legislative aide over N120.5m employment scam.

    September 26, 2025

    Nigeria approves plan to refinance ₦4tn power-sector debt

    August 14, 2025

    Tinubu sets 7% annual growth target by 2027

    August 14, 2025

    Owo church massacre: Five suspects arraigned in Abuja

    August 11, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us

    Lorem ipsum dolor sit amet, consectetur adipiscing elit. Integer vehicula vitae risus nec consequat. Cras nec auctor lectus, non tristique massa.

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    EFCC Arraigns Blessing CEO for Fresh Alleged ₦69.1m Fraud

    June 10, 2026

    EFCC Moves to Re-arraign National Assembly Directors for Alleged ₦337m Fraud

    June 10, 2026

    Shettima Hails EFCC as Anti-Graft Agency Opens Ekiti Office

    June 9, 2026
    Most Popular

    EFCC secures conviction of ex-legislative aide over N120.5m employment scam.

    September 26, 2025

    Nigeria approves plan to refinance ₦4tn power-sector debt

    August 14, 2025

    Tinubu sets 7% annual growth target by 2027

    August 14, 2025
    Facebook X (Twitter) Instagram
    • TOS
    • Disclaimer
    • Privacy Policy
    © 2026 KokoCurrent.

    Type above and press Enter to search. Press Esc to cancel.