Close Menu
Chronicle NG
    Trending Stories
    Daniel Bwala said that Peter Obi's success in the 2023 election, where he got over 6.1m votes, was largely due to religious discourse.

    Bwala urges Nigerians to defend themselves against terrorists

    May 20, 2026
    Kano gov Yusuf suspends loan vendors after N1.8bn Illegal salary deductions

    Kano govt announces Sallah break for primary, secondary schools

    May 20, 2026
    The Central Bank of Nigeria (CBN) has instructed banks to complete a mandatory cybersecurity self-assessment within three weeks

    CBN retains 26.5% monetary policy rate

    May 20, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Bwala urges Nigerians to defend themselves against terrorists
    • Kano govt announces Sallah break for primary, secondary schools
    • CBN retains 26.5% monetary policy rate
    • ASUU begins indefinite strike over welfare, agreement breach
    • Dowman makes history as youngest Premier League winner
    • Two-storey building collapses in Anambra
    • AEDC says prepaid meter bonus units are not free
    • Nigeria to face Madagascar, Guinea-Bissau in AFCON 2027 qualifiers
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Wednesday, May 20
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    N22.7trn: House of Reps denies Buhari’s $15m bribe

    David GreatBy David GreatMay 19, 2023No Comments3 Mins Read
    Facebook Twitter Telegram WhatsApp
    Ibrahim Murtala representing Matazu/ Musawa Federal Constituency in Katsina, home state of President Buhari has joined PDP
    Facebook Twitter WhatsApp

    The House of Representatives has denied receiving a $15 million bribe to approve the request of President Muhammadu Buhari to restructure the N22.7 trillion Ways and Means advances taken from the Central Bank of Nigeria.

    In denying reports of the bribe, the House of Reps claimed that their decisions and actions are always taken in the public interest.

    Nigeria is a country rife in corruption and the promises of Buhari to nip corruption in the bud has largely failed with many reports of corruption under his eight-year administration.

    Buhari completes his two-term tenure on May 29 but is seeking to restructure loans or take on in ones including an $800 million from the World Bank to cushion the effects of the proposed removal of fuel subsidy, a scheme that has been marred with gross corruption.

    Rep. Benjamin Kalu, spokesperson, House of Representatives in a statement on Friday said, “The attention of the House of Representatives and the leadership of the House has been drawn to a malicious media report alleging that the sum of fifteen million dollars was received from the executive arm to approve the request of President Muhammadu Buhari to restructure the N22.7 trillion Ways and Means advances taken from the Central Bank of Nigeria.

    Oil, President Muhammadu Buhari polytechnic Electoral Act
    President Muhammadu Buhari
    • Reps approve N1trn for Buhari as CBN loan hits N23.7trn

    “The allegations are not only false, but also baseless and unfounded,” the statement said.

    “Usually, the House would have refrained from dignifying such a report with a response, having faith that all well-intentioned Nigerians would outrightly dismiss it. However, it has become imperative to address the report and the unfounded claims made therein for the benefit of all Nigerians.

    “As elected representatives, our decisions and actions are taken in the public interest. It should be recalled that the house had temporarily deferred the approval of the executive’s request following recommendations of the relevant committees of the House, which called for further engagement with the executive in order to facilitate a comprehensive and meticulous analysis and deliberation on public interventions the executive earmarked the said request for.

    “We implore the media to exercise restraint and desist from disseminating unfounded allegations that have the potential to tarnish the reputation of public institutions and individuals, particularly during this critical period when lawmakers are deeply engrossed in the political competition for the leadership positions in the impending 10th National Assembly.

    “The insinuations and attacks against the person of the Speaker goes to naught as he remains the most forthright, upstanding, and most loved Speaker in our parliamentary history. Any attempt by one or two to plant malicious stories for the unsuspecting public is in futility,” the House of Representatives said.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Daniel Bwala said that Peter Obi's success in the 2023 election, where he got over 6.1m votes, was largely due to religious discourse.

    Bwala urges Nigerians to defend themselves against terrorists

    Kano gov Yusuf suspends loan vendors after N1.8bn Illegal salary deductions

    Kano govt announces Sallah break for primary, secondary schools

    The Central Bank of Nigeria (CBN) has instructed banks to complete a mandatory cybersecurity self-assessment within three weeks

    CBN retains 26.5% monetary policy rate

    FG ASUU agreement: 10 key things you need to know

    ASUU begins indefinite strike over welfare, agreement breach

    FILE PHOTO: An aerial view of a collapsed building in Lagos

    Two-storey building collapses in Anambra

    AEDC public announcement explaining that preloaded prepaid meter energy units will be deducted during the next recharge.

    AEDC says prepaid meter bonus units are not free

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Daniel Bwala said that Peter Obi's success in the 2023 election, where he got over 6.1m votes, was largely due to religious discourse.

    Bwala urges Nigerians to defend themselves against terrorists

    May 20, 2026
    Kano gov Yusuf suspends loan vendors after N1.8bn Illegal salary deductions

    Kano govt announces Sallah break for primary, secondary schools

    May 20, 2026
    The Central Bank of Nigeria (CBN) has instructed banks to complete a mandatory cybersecurity self-assessment within three weeks

    CBN retains 26.5% monetary policy rate

    May 20, 2026
    FG ASUU agreement: 10 key things you need to know

    ASUU begins indefinite strike over welfare, agreement breach

    May 20, 2026
    Dowman

    Dowman makes history as youngest Premier League winner

    May 20, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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