Quantity surveyor

Construction Cost Expert.

[Quantity surveyor @OyetayoK]

The bakery owner, an older woman with silver hair and a kind smile, had told her about a hidden cove a short walk from the village, accessible only by a narrow trail through the cliffs. Intrigued, Elena finished her pastry and set

[Quantity surveyor @OyetayoK]

@funkeakindele Patiently waiting.

[Quantity surveyor @OyetayoK]

@officialSKSM Happy birthday sir.

[Bayo Onanuga, OON, CON @aonanuga1956]

STATEHOUSE PRESS RELEASE

PRESIDENT TINUBU APPROVES COMPREHENSIVE FORENSIC AUDIT OF IPPIS, FEDERAL AGENCIES, MINISTRIES

President Bola Ahmed Tinubu has directed the Minister of Finance and Co-ordinating Minister of the Economy, Mr Taiwo Oyedele, to oversee and coordinate a comprehensive forensic audit of Federal Government systems.

The audit will include a review of the Integrated Personnel and Payroll Information System (IPPIS), Federal Government agencies, and their administration and internal controls.

President Tinubu’s directive follows the Federal Executive Council's resolution on August 19, 2026, in response to findings by the Independent Corrupt Practices and Other Related Offences Commission (ICPC) on “fake agencies”, ghost workers, and other control failures.

The exercise will establish the nature and extent of weaknesses in Government’s control system, and determine how such weaknesses have been exploited.

The review will comprise two interconnected components.

The first will focus on a forensic audit of Government systems, particularly IPPIS and related payroll, personnel, pension and financial-management platforms. It will examine reported cases of ghost workers and payroll fraud, reconcile the figures identified by the ICPC, trace how fictitious or ineligible persons were enrolled, and review access, identity, biometric and bank-account controls.

The exercise will also examine the interfaces between IPPIS and other government platforms, including GIFMIS, Remita, the Treasury Single Account (TSA) and Sub-TSA, to determine whether fraud resulted from system defects, process failures, inadequate segregation of duties or deliberate circumvention.

The second component of the audit will cover all Federal Government agencies, departments, commissions, councils, parastatals and other government bodies. It will establish a definitive inventory of such bodies and verify their legal basis, while examining how entities obtain official recognition, budgetary consideration, correspondence privileges, office facilities and access to government systems.

The exercise will assess governance, procurement, internal-audit, and oversight controls across Government to close systemic weaknesses that could allow irregular entities or persons to access public resources.

President Tinubu directed that the exercise be conducted with the highest standards of independence, professionalism and forensic integrity.

The audit team will have access to relevant government systems and records. It will collaborate with the ICPC to ensure that the review complements all ongoing investigations, prosecutions and recoveries.

President Tinubu expects the exercise to go beyond identifying individual cases of fraud or administrative failure by strengthening the architecture of Government, closing systemic loopholes, improving data verification and reconciliation, reinforcing accountability, and ensuring that only duly constituted entities and eligible personnel have access to Government resources.

The exercise underscores the President’s commitment to strengthening transparency, accountability, fiscal governance and institutional integrity across the Federal Government.

Bayo Onanuga
Special Adviser to the President
(Information& Strategy)
August 28, 2026

[Quantity surveyor @OyetayoK]

@_dinomelaye I want President @officialABAT

[Quantity surveyor @OyetayoK]

@honfaleke @_akeusola With love from all of us at Shogunro.

[Quantity surveyor @OyetayoK]

@atiku You are in your 80s and only concerned about your ambitions.
We need policies that protect the current and future generations.
Only selfish leaders will base their campaign on the return of the petrol subsidy.

[Quantity surveyor @OyetayoK]

@BolajiADC How will the subsidy be funded? Will you return the minimum wage to 35k?. We have moved past subsidies. ADC should say something else.

[Quantity surveyor @OyetayoK]

@ganiyuobasa2025 Capitol Road is bad. Isokoko area repair works have been abandoned for more than 7 months now. Omo adugbos are collecting taxes from motorists passing through their neighbourhood at the Olusanya Primary School area and Isale Oja.

[Taiwo Oyedele @taiwoyedele]

PRESS RELEASE

FEDERAL MINISTRY OF FINANCE

5 July 2026

𝐑𝐄𝐒𝐏𝐎𝐍𝐒𝐄 𝐓𝐎 𝐑𝐄𝐂𝐄𝐍𝐓 𝐌𝐈𝐒𝐑𝐄𝐏𝐑𝐄𝐒𝐄𝐍𝐓𝐀𝐓𝐈𝐎𝐍𝐒 𝐎𝐍 𝐏𝐔𝐁𝐋𝐈𝐂 𝐄𝐗𝐏𝐄𝐍𝐃𝐈𝐓𝐔𝐑𝐄

The Federal Government has noted recent public commentary alleging that approximately two percent of GDP amounting to over ₦8 trillion was spent outside the approved budget based on references to the IMF Representative in Nigeria and the Fund's 2026 Article IV Consultation Report. These claims are incorrect and risk misleading the public regarding the government's financial management.

For the avoidance of doubt, the Federal Government does not operate a "shadow budget" or expend public funds outside the constitutional and statutory framework established for public finance.

Under Sections 80 - 83 and 162 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended), public funds may only be withdrawn and expended in accordance with the Constitution and laws enacted by the National Assembly. Accordingly, Federal Government expenditure is incurred pursuant to duly enacted Appropriation Acts, Supplementary Appropriation Acts, and other statutory authorities enacted by the National Assembly. In addition, multi-year capital projects which necessarily span multiple budgets are implemented in accordance with extant laws and approved provisions for capital rollovers where applicable. These are recognised features of public financial management and should not be misconstrued as expenditures outside the budget.

It is inaccurate to suggest that trillions of naira have been secretly spent outside legislative approval. Such allegations should have identified the specific projects purportedly executed without appropriation or legal authority and present credible evidence in support of the claim. To be meaningful, assertions of this magnitude must be supported by verifiable facts rather than conjecture.

For the purpose of public education, it is important to distinguish between appropriation, expenditure authorisation, financing, and fiscal reporting.

Nigeria's public finance framework contains several statutory transfers, first-line charges and intervention mechanisms established by Acts of the National Assembly. These include, among others:

- Statutory allocations and contributions to development commissions and other agencies created by law.

- Cost of collection and cost of administration retained by designated revenue-collecting agencies as expressly provided under relevant legislation.

- Capital expenditure approved in separate budgets for some agencies and the Federal Capital Territory by the National Assembly.

- Special interventions approved by law to address national priorities such as security, infrastructure, disaster response, and other strategic national programmes or emergencies.

- Debt service obligations and other statutory transfers that are authorised under applicable legislation.

These expenditures are neither secret nor illegal. They are established by law, disclosed in various fiscal reports, and subject to applicable oversight, audit and accountability mechanisms. Their treatment for reporting purposes may differ from their presentation in the annual Appropriation Act, particularly under international statistical and reporting standards adopted by the Federal Government. Such classification differences should not be misrepresented as evidence of unlawful expenditure.

It is equally incorrect to suggest that the reported amount represents an increase in budget deficit. A fiscal deficit is determined by the relationship between total government revenues and total government expenditures. Whether a capital project is financed through annual appropriations, supplementary appropriations, statutory transfers, approved intervention mechanisms, or other lawful financing arrangements does not, by itself, increase the fiscal deficit.

Indeed, the IMF's observation relates primarily to the comprehensiveness, timing and presentation of fiscal reporting rather than the legality of expenditure. Like many countries, Nigeria continues to strengthen the alignment between budget presentation and international fiscal reporting standards as part of ongoing public financial management reforms. As a matter of fact, His Excellency, President Bola Ahmed Tinubu, GCFR had himself formally requested the National Assembly to end the practice of running multiple and overlapping budgets, and rather harmonise into a single, cohesive framework during his presentation of the 2026 Appropriation Bill to a joint session of the National Assembly on December 19, 2025.

The Federal Government remains firmly committed to prudent fiscal management, transparency and accountability. Recent reforms have significantly strengthened public financial management with ongoing improvements in budget assumptions and credibility, transparent revenue administration, digitalisation of government financial processes, and stronger treasury management. These reforms have been acknowledged by the IMF itself and other multilateral institutions, as well as international credit rating agencies, major media organisations and investors.

Public debate is both welcome and essential in a democratic society. However, it should be based on facts and an accurate understanding of Nigeria's constitutional and fiscal framework. Mischaracterising technical observations as evidence of unlawful expenditure neither advances informed public discourse nor strengthens democratic accountability.

The Federal Government will continue to uphold the rule of law, maintain transparency in the management of public resources, and work with the National Assembly, oversight institutions, development partners and the Nigerian people to further strengthen fiscal governance in line with international best practices.

Signed:

Taiwo Oyedele
Honourable Minister of Finance and Coordinating Minister of the Economy
Federal Republic of Nigeria

[Quantity surveyor @OyetayoK]

@Odunomoadekola Long enough for the progressive changes.

[Quantity surveyor @OyetayoK]

@ganiyuobasa2025 It would be well to complete the ongoing repair works at Isokoko. Kudos

[theSTEMafrica @thestem_africa]

Obafemi Awolowo University is SMART Challenge 2026 champion!

In Second place: Covenant University

In third-place: University of Nigeria, Nsukka

What a season!🫡

Catch up all episodes on YouTube @thestemafrica

[Quantity surveyor @OyetayoK]

@instablog9ja God bless our army. We will win the war.

[Quantity surveyor @OyetayoK]

@Winston_Mark_C @ADCVanguard_ Power returned to the grassroots. Those disconnected lost out.

[Quantity surveyor @OyetayoK]

@ruffydfire Anybody wey u support dey lose.

[Quantity surveyor @OyetayoK]

@Imranmuhdz Other foreign firms will be discouraged from coming into Nigeria

[Quantity surveyor @OyetayoK]

@BwalaDaniel Arsenal to lose next match.

[theSTEMafrica @thestem_africa]

OAU 107 — FUTA 62

Obafemi Awolowo University is Nigeria’s best STEM University!!!

Did you miss the final match? Catch on YouTube @thestemafrica

#UniversityDuel2026 #OAU #Champions

[Quantity surveyor @OyetayoK]

@BoluwatifeMk 19th of April