• PT Insider
  • #EndSARS Dashboard
  • PT Hausa
  • About Us
  • PT Jobs
  • Advert Rates
  • Contact Us
  • Digital Store
Saturday, August 8, 2026
Premium Times Nigeria
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Alabuga Reports
    • Blood on Uniforms
    INVESTIGATION: Gas flares, poisoned lives, regulatory failures in Nigeria’s oil fields

    INVESTIGATION: Gas flares, poisoned lives, regulatory failures in Nigeria’s oil fields

    Image illustration of how scammers use AI for deceptive ads (PHOTO CREDIT: ChatGPT)

    SPECIAL REPORT: Inside AI scam ads exploiting TikTok’s advertising system to defraud Nigerians

    FACT-CHECK: Army’s video evidence for killing of ‘ISWAP media operator’ is seven years old

    FACT-CHECK: Army’s video evidence for killing of ‘ISWAP media operator’ is seven years old

    Umaru Musa Yar'Adua International Airport, Katsina

    Nigeria arrested suspected terrorists returning from Hajj. But several questions are unanswered

    Queue waiting to buy gas at AA Rano Gas station, Uyo, Akwa Ibom State

    SPECIAL REPORT: How soaring cooking gas prices are squeezing Nigerian households, businesses

    Government Day Secondary School, Lassa

    EXCLUSIVE: 36 students still missing after Borno school attack

    A collage of IPOB flag, attacked police station and Simon Ekpa

    SPECIAL REPORT: IPOB-linked attacks, killings reduce since Simon Ekpa’s jailing

    Inside details of farmer-herder clashes in Abuja community

    SPECIAL REPORT: Inside details of farmer-herder clashes in Abuja community

    Rev Usetu Bassey’s Ibogo for Christ crusade, Ibogo Community in Biase LGA, Cross River, Dec 2024

    How mob brutally assaulted woman accused of witchcraft at church crusade

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Why journalism is dying in Nigeria!, By Olayinka Oyegbile

    Why journalism is dying in Nigeria!, By Olayinka Oyegbile

    Dipo Baruwa writes about incentivising private investments in the context of global competitiveness.

    The federalism that promotes productivity (2), By Dipo Baruwa

    NYSC, khaki and the fight against drug abuse, By Fatih Lawal‑Garu

    NYSC, khaki and the fight against drug abuse, By Fatih Lawal‑Garu

    Retirees to exporters: NEPC’s post‑retirement empowerment drive, By Kabir Abdulsalam

    The memoir on NIPSS, NIPR and an AI study that outlived institutional setbacks, By Kabir Abdulsalam

    Why silence from Tinubu on Adeniyi and Gbajabiamila carries risk, By Adeola Akinremi

    “Deeply embarrassed” President Tinubu puts EFCC on a leash, By Adeola Akinremi

    The enemy within, By Femi Fani-Kayode

    A bond that must never be broken (6), By Femi Fani-Kayode

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • non Gamstop casinos
      • Kasyna online
      • Casino Uden Rofus
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
  • Home
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Gender
  • Investigations
    • All
    • Alabuga Reports
    • Blood on Uniforms
    INVESTIGATION: Gas flares, poisoned lives, regulatory failures in Nigeria’s oil fields

    INVESTIGATION: Gas flares, poisoned lives, regulatory failures in Nigeria’s oil fields

    Image illustration of how scammers use AI for deceptive ads (PHOTO CREDIT: ChatGPT)

    SPECIAL REPORT: Inside AI scam ads exploiting TikTok’s advertising system to defraud Nigerians

    FACT-CHECK: Army’s video evidence for killing of ‘ISWAP media operator’ is seven years old

    FACT-CHECK: Army’s video evidence for killing of ‘ISWAP media operator’ is seven years old

    Umaru Musa Yar'Adua International Airport, Katsina

    Nigeria arrested suspected terrorists returning from Hajj. But several questions are unanswered

    Queue waiting to buy gas at AA Rano Gas station, Uyo, Akwa Ibom State

    SPECIAL REPORT: How soaring cooking gas prices are squeezing Nigerian households, businesses

    Government Day Secondary School, Lassa

    EXCLUSIVE: 36 students still missing after Borno school attack

    A collage of IPOB flag, attacked police station and Simon Ekpa

    SPECIAL REPORT: IPOB-linked attacks, killings reduce since Simon Ekpa’s jailing

    Inside details of farmer-herder clashes in Abuja community

    SPECIAL REPORT: Inside details of farmer-herder clashes in Abuja community

    Rev Usetu Bassey’s Ibogo for Christ crusade, Ibogo Community in Biase LGA, Cross River, Dec 2024

    How mob brutally assaulted woman accused of witchcraft at church crusade

  • Business
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Business Specials
    • Trade Insights
    • Opinion
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Opinion
    • All
    • Analysis
    • Columns
    • Contributors
    • Editorial
    Why journalism is dying in Nigeria!, By Olayinka Oyegbile

    Why journalism is dying in Nigeria!, By Olayinka Oyegbile

    Dipo Baruwa writes about incentivising private investments in the context of global competitiveness.

    The federalism that promotes productivity (2), By Dipo Baruwa

    NYSC, khaki and the fight against drug abuse, By Fatih Lawal‑Garu

    NYSC, khaki and the fight against drug abuse, By Fatih Lawal‑Garu

    Retirees to exporters: NEPC’s post‑retirement empowerment drive, By Kabir Abdulsalam

    The memoir on NIPSS, NIPR and an AI study that outlived institutional setbacks, By Kabir Abdulsalam

    Why silence from Tinubu on Adeniyi and Gbajabiamila carries risk, By Adeola Akinremi

    “Deeply embarrassed” President Tinubu puts EFCC on a leash, By Adeola Akinremi

    The enemy within, By Femi Fani-Kayode

    A bond that must never be broken (6), By Femi Fani-Kayode

  • Health
    • News Reports
    • Special Reports and Investigations
    • Health Specials
    • Features and Interviews
    • Multimedia
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • non Gamstop casinos
      • Kasyna online
      • Casino Uden Rofus
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential
    • Gubernatorial
Premium Times Nigeria
BUA Group Ad BUA Group Ad BUA Group Ad
Gov Ademola Adeleke, President Bola Tinubu, and EFCC chairman Olanipekun Olukoyede

Gov Ademola Adeleke, President Bola Tinubu, and EFCC chairman Olanipekun Olukoyede

UPDATED: Tinubu directs EFCC to lift freeze order on Osun govt’s account

President Tinubu described the timing of the freezing of the Osun State Government’s account as deeply embarrassing to him.

byAbubakar Abdulrasheed
August 6, 2026
Reading Time: 5 mins read
0
Google Logo Add us on Google
MTN ADVERT

President Bola Tinubu has ordered the Economic and Financial Crimes Commission (EFCC) to lift the freeze order it placed on an Osun State Government’s bank account.

Join the Premium Times WhatsApp Community For Quick Access To News and Happenings Around You.

Open in WhatsApp

Mr Tinubu gave the directive in a statement he personally signed on Thursday, describing the timing of the EFCC’s action, which came 10 days before the upcoming Osun State governorship election, as deeply embarrassing.

FIRST BANK AD Do you live in Ogijo

The directive came amid growing criticisms of the anti-corruption agency’s action, which has increasingly drawn condemnation as a politically motivated step.

On Wednesday, the EFCC asked First Bank to freeze an account belonging to the Osun State Government, days before the 15 August governorship election in which Governor Ademola Adeleke of the Accord Party is running against Bola Oyebamiji, the candidate of the president’s party, the All Progressives Congress.

Premium Times

Stay Ahead with Premium Times

Follow us on Google News and never miss breaking stories, investigations, and in-depth reporting.

Google Logo Add as a preferred source on Google

“I must state that I feel deeply embarrassed not by the EFCC’s exercise of its mandate backed by a court order, but by the timing of the agency’s action,” Mr Tinubu wrote.

PT WHATSAPP CHANNEL

“This is so because every action taken by an institution of State, especially at the Federal level, is always credited to me, as the President, even when I may not have had any prior knowledge of the action.”

The president said he learnt that the EFCC obtained a court order on 5 August (Wednesday) to freeze the Osun State Government’s account.

But that claim runs counter to EFCC’s framing of the sequence of events.

A viral 5 August letter from the EFCC, which activated the freeze order, only requested First Bank, the state’s banker, to place a Post-No-Debit restriction on a particular account belonging to the state government without citing any court order.

Also, EFCC’s Director of Public Affairs, Wilson Uwujaren, appeared on Arise Television earlier on Thursday to justify the EFCC’s decision to freeze the state government’s account without a court order.

However, the president reiterated in his statement on Thursday that the EFCC obtained a court order to freeze the account, a claim that had never been part of the agency’s narrative regarding the case.

Mr Tinubu admitted that he had not been “fully apprised of the facts which informed the action of EFCC in approaching the court to obtain the said order freezing the Osun State Government account.”

Nevertheless, he said the anti-corruption agency’s action could undermine public confidence in the upcoming electoral process in Osun.

He said while he intentionally refrained from directing or interfering in the operational activities of the EFCC or any other investigative or prosecutorial agency, he felt compelled to intervene in the Osun State matter.

“Osun State is only a few days away from its gubernatorial election. Therefore, nothing ought to be done to give an impression that the EFCC or indeed any other agency of the federal government is being used to interfere with the election.

“Based on the foregoing premise, I am duty-bound to issue a directive on this issue in consonance with the overriding public interest in preserving public confidence and the integrity, credibility, and fairness of our democratic process,” Mr Tinubu stated.

“Accordingly, I have directed the EFCC to immediately proceed to the court to vacate the order and discontinue whatever action it has instituted against the Osun State Government in this regard.”

The directive marks a dramatic intervention by the president in a controversy that has dominated political discourse in Osun State over the past 24 hours, after the anti-graft agency froze one of the state’s accounts over an ongoing investigation into the alleged diversion of about N11 billion in public funds.

EFCC earlier justified post-no-debit order not backed by court order

The president’s directive came just hours after the EFCC defended its decision to place a restriction on an Osun State Government bank account without first obtaining a court order.

Speaking during an interview on Arise Television on Thursday, the EFCC’s Director of Public Affairs, Wilson Uwujaren, said the anti-graft agency acted after detecting what it described as suspicious movements of funds from the account.

According to him, the restriction was intended to preserve public funds while investigations continue.

“We observed in the past one week that activities on that account looked suspicious, and based on the mandate of the Commission, we took the step of placing a restriction on that account to preserve it,” Mr Uwujaren said.

He said the commission did not freeze all the accounts belonging to the Osun State Government but only imposed a restriction on one account under investigation.

The commission’s defence comes amid growing criticisms of the enforcement action, which came less than two weeks before the governorship election.

Some lawyers, including the president of the Nigerian Bar Association (NBA), Afam Osigwe, have argued that the EFCC lacked the power to order a bank to restrict access to a government’s bank account, and that if it must do so, it must be based on a court order.

Rejecting the account restriction, the Osun State Government has also read political motivation into the EFCC’s action.

The state government described the action as unlawful and politically motivated.

Responding to criticism that the commission acted without judicial approval, Mr Uwujaren maintained that the EFCC possesses statutory powers to impose a temporary restriction on accounts suspected to be linked to financial crimes.

He cited Section 34 of the EFCC Act and Section 7(6) of the Money Laundering (Prevention and Prohibition) Act 2022 as empowering the commission to take such action.

According to him, the restriction can remain in place for up to 72 hours before the commission would be required to seek a court order if further restraint becomes necessary.

He also dismissed concerns that the restriction would cripple governance in Osun, noting that the state still has access to other accounts for its operations.

Running dispute with Osun government

PREMIUM TIMES earlier reported that the EFCC placed a “Post No Debit” restriction on an Osun State Government account domiciled with First Bank, an account the state government said is used for workers’ salary payments.

The commission later disclosed that it had been investigating the Osun State Government since March over the alleged fraudulent handling of about N11 billion in Ecology Funds, Intervention Funds and Federation Account Allocation Committee (FAAC) allocations.

Read the president’s full statement below.

STATEHOUSE STATEMENT

PRESIDENT TINUBU DIRECTS EFCC TO VACATE THE COURT ORDER FREEZING OSUN GOVERNMENT ACCOUNT

It has come to my notice that the Economic and Financial Crimes Commission (EFCC) obtained a court order on August 5, 2026, freezing the accounts of the Osun State Government. I must state that I feel deeply embarrassed not by the EFCC’s exercise of its mandate backed by a court order, but by the timing of the agency’s action. This is so because every action taken by an institution of State, especially at the Federal level, is always credited to me, as the President, even when I may not have had any prior knowledge of the action.

Since assuming office, I have consistently maintained that anti-corruption and law enforcement agencies must be allowed to discharge their statutory responsibilities independently, professionally, without fear or favour, or political interference. I have therefore deliberately refrained from directing or interfering in the operational activities of the EFCC or any other investigative or prosecutorial agency because I firmly believe that strong democratic institutions, operating within the confines of the law, are indispensable to democratic good governance and the rule of law.

As President, I am committed to allowing institutions of State to function and take any action they consider necessary in the interest of proper governance without the need for any prior approval. Indeed, that is why institutions are set up by law with clearly defined powers. While I am yet to be fully apprised of the facts which informed the action of EFCC in approaching the court to obtain the said order freezing the Osun State Government account, I am not in the slightest doubt that the timing of the action of EFCC is inauspicious, and therefore I feel compelled to intervene.

Osun State is only a few days away from its gubernatorial election. Therefore, nothing ought to be done to give an impression that the EFCC or indeed any other agency of the federal government is being used to interfere with the election.

Based on the foregoing premise, I am duty-bound to issue a directive on this issue in consonance with the overriding public interest in preserving public confidence and the integrity, credibility, and fairness of our democratic process.

Accordingly, I have directed the EFCC to immediately proceed to the court to vacate the order and discontinue whatever action it has instituted against the Osun State Government in this regard.

Long live the Federal Republic of Nigeria.

Bola Ahmed Tinubu

President and Commander-in-Chief of the Armed Forces

Federal Republic of Nigeria

August 06, 2026 ‎

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp
  • Share on Telegram (Opens in new window) Telegram
  • Share on LinkedIn (Opens in new window) LinkedIn
  • Email a link to a friend (Opens in new window) Email
  • Print (Opens in new window) Print

Discover more from Premium Times Nigeria

Subscribe to get the latest posts sent to your email.

Premium Times

Stay Ahead with Premium Times

Follow us on Google News and never miss breaking stories, investigations, and in-depth reporting.

Google Logo Add as a preferred source on Google
Previous Post

Banks increase credit supply as loan defaults decline in Q2 – CBN

Next Post

2Baba visits attacked Benue community, calls for end to killings

Abubakar Abdulrasheed

Abubakar Abdulrasheed

More News

Messaging APPS

EXCLUSIVE: Messaging apps alleged coup conspirators used for communication

August 8, 2026
Some of the participants in the cleaning exercise (PHOTO CREDIT: DLAP)

Children honour late Ogun politician with sanitation exercise at Lusada Market

August 8, 2026
Governor Ademola Adeleke and EFCC chairman Olukoyede

Document reveals EFCC secured court order to freeze two more Osun govt accounts

August 8, 2026
SPECIAL REPORT: Inside fragile chain holding Kano, Gombe’s immunisation systems together

SPECIAL REPORT: Inside fragile chain holding Kano, Gombe’s immunisation systems together

August 8, 2026
Nigerian Police officers on duty

Gunmen kidnap two farmers in Ondo, demand N100m ransom

August 7, 2026
EFCC handed over N125 million recovered from an alleged land fraud suspect to Lagos businessman, Akinsewa Akiode.

EFCC returns recovered N125 million to Lagos land fraud victim

August 7, 2026
Leave Comment

  • About Us
  • Contact Us

Our Digital Network

  • PT Hausa
  • Election Centre
  • Human Trafficking Investigation
  • Centre for Investigative Journalism
  • National Conference
  • Press Attack Tracker
  • PT Academy
  • Dubawa
  • LeaksNG
  • Campus Reporter

Resources

  • Oil & Gas Facts
  • List of Universities in Nigeria
  • LIST: Federal Unity Colleges in Nigeria
  • NYSC Orientation Camps in Nigeria
  • Nigeria’s Federal/States’ Budgets since 2005
  • Malabu Scandal Thread
  • World Cup 2018
  • Panama Papers Game

Projects & Partnerships

  • AUN-PT Data Hub
  • #EndSARS Dashboard
  • Parliament Watch
  • Panama Papers
  • AGAHRIN
  • #PandoraPapers
  • #ParadisePapers
  • #SuisseSecrets
  • Our Digital Network
  • About Us
  • Contact Us
  • Resources
  • Projects
  • Data & Infographics
  • DONATE

All content is Copyrighted © 2025 The Premium Times, Nigeria

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

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

Log In

Add New Playlist

DMCA.com Protection Status
  • Home
  • Elections
    • 2024 Ondo Governorship Election
    • 2024 Edo Governorship Election
    • Presidential & NASS
    • Gubernatorial & State House
  • News
    • Headline Stories
    • Top News
    • More News
    • Foreign
  • Investigations
  • Business
    • Gender
    • News Reports
    • Financial Inclusion
    • Analysis and Data
    • Trade Insights
    • Business Specials
    • Oil/Gas Reports
      • FAAC Reports
      • Revenue
  • Health
    • COVID-19
    • News Reports
    • Special Reports and Investigations
    • Data and Infographics
    • Health Specials
    • Features
    • Events
    • Primary Health Tracker
  • Agriculture
    • News Report
    • Research & Innovation
    • Data & Infographics
    • Special Reports/Investigations
    • Features
    • Interviews
    • Multimedia
  • Arts/Life
    • Arts/Books
    • Kannywood
    • Lifestyle
    • Music
    • Nollywood
    • Travel
  • Sports
    • Football
    • More Sports News
    • Sports Features
    • Casino
      • iGaming
      • Non AAMS
      • Online Kaszinó Magyar
      • non Gamstop casinos
      • Kasyna online
      • Τα Καλύτερα Online Casino
      • Casino Sin Licencia España
      • Casino Utan Svensk Licens
      • Casino Uden Rofus
    • Games
      • كازينو اون لاين
      • Geriausi kazino internetu
      • Онлайн казино Казахстан
  • #EndSARS Dashboard
  • AUN-PT Data Hub
  • Projects
    • Panama Papers
    • Paradise Papers
    • SuisseSecrets
    • Parliament Watch
    • AGAHRIN
  • Opinion
    • Editorial
  • PT Hausa
  • Become a PT Insider
  • DONATE
  • About Us
  • Dubawa NG
  • Advert Rates
  • PT Jobs
  • Digital Store
  • Contact Us

All content is Copyrighted © 2025 The Premium Times, Nigeria

Discover more from Premium Times Nigeria

Subscribe now to keep reading and get access to the full archive.

Continue reading