Close Menu
Chronicle NG
    Trending Stories
    Bus crash kills 20 schoolchildren in Uganda

    Bus crash kills 20 schoolchildren in Uganda

    July 17, 2026
    Donald Trump announces new US green card application policy affecting Nigerians and other foreign nationals.

    Trump limits Nigerians, other foreign students to four-year US stay

    July 17, 2026
    Infantino denies Trump influence after Balogun red card overturn

    Trump to attend World Cup final on Sunday

    July 17, 2026
    Facebook X (Twitter) Instagram
    Trending
    • Bus crash kills 20 schoolchildren in Uganda
    • Trump limits Nigerians, other foreign students to four-year US stay
    • Trump to attend World Cup final on Sunday
    • FIFA names referees for Spain, Argentina World Cup final
    • PFIPC Scandal: Gbajabiamila files N15bn suit against Adeyemi
    • NBA vows no going back on Saturday election
    • Yoruba lawyers demand postponement of NBA election
    • Kogi confirms rescue of kidnapped NECO students
    Facebook X (Twitter) Instagram
    Chronicle NGChronicle NG
    Subscribe
    Friday, July 17
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle NG

    $670m security votes ‘official corruption, abuse of power’ – Transparency International

    Chronicle EditorBy Chronicle EditorMay 28, 2018No Comments3 Mins Read
    Facebook Twitter Telegram WhatsApp
    Facebook Twitter WhatsApp
    Transparency International says $670 million is shared as Security Votes
    Transparency International says $670 million is shared as Security Votes

    Transparency International has described the $670 million shared between the federal and state governments of Nigeria as the vehicle for corruption.

    On Monday, the anti-corruption group said that Nigeria’s government has in the run-up to elections expanded the use of opaque $670 million-a-year funds to fuel graft.

    The funds, known as “security votes”, are a relic of military rule, mainly disbursed in hard cash and nominally released for dealing with unexpected security issues.

    They come from both federal and state governments, although the vast majority is disbursed under the latter.

    According to Transparency International’s report they have become “synonymous with official corruption and abuse of power”.

    The watchdog’s report comes as President Muhammadu Buhari is gearing up to run for a second term in February 2019.

    A Nigerian presidency spokesman did not respond to calls and messages seeking comment about the report.

    Buhari has built his administration’s policy on the twin pillars of tackling Nigeria’s endemic corruption and restoring stability to the highly insecure country.

    Katherine Dixon, Transparency International’s director for defence and security
    Katherine Dixon, Transparency International’s director for defence and security

    “The security vote is one of the most durable forms of corruption operating in Nigeria today,” said Katherine Dixon, Transparency International’s director for defence and security, in a statement.

    “Yet instead of addressing its many urgent threats, the ever-increasing use of security votes is providing corrupt officials with an easy-to-use and entirely hidden slush fund.”

    READ: Gross Corruption: JAMB remitted only N52m in 40 years – Oloyede

    The group said the spending “is not subject to legislative oversight or independent audit because of its ostensibly sensitive nature”, adding that the funds are channelled into political activities such as election campaigns or embezzled outright.

    It said federal-level total spending on items identified as security votes increased by 43 percent in 2018’s budget from 2017 and included payments to a university, a museum commission and a dental technology school.

    President Buhari having a chat with the governors after the meeting
    Nigerian governors have been accused of cornering security votes for personal use

    Reuters checked some of the figures included in Transparency International’s report against a draft version of the 2018 budget, which has not yet been signed into law, and confirmed payments to those recipients were planned and identified as security votes.

    Most of the estimated $670 million of security votes is disbursed by state governments, with federal spending making up only $51 million, Transparency International said. State government changes in disbursement varied, according to the report’s data.

    Additionally, the largest security votes each year go to security agencies, and such spending under Buhari is less than under his predecessor, Goodluck Jonathan, the report acknowledged.

    “Today, security votes are budgetary black boxes that are ripe for abuse by politicians seeking reelection or officials looking to run for political office,” Transparency International said.

    Although a number of former government officials have faced criminal charges related to alleged corruption since Buhari came to power, corruption is still rife in Nigeria.

    The opposition People’s Democratic Party, in power for 16 years prior to Buhari taking office in 2015, has accused the president of focusing on its members.

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Bus crash kills 20 schoolchildren in Uganda

    Bus crash kills 20 schoolchildren in Uganda

    Donald Trump announces new US green card application policy affecting Nigerians and other foreign nationals.

    Trump limits Nigerians, other foreign students to four-year US stay

    Femi Gbajabiamila, Chief of Staff to President Bola Tinubu, during an official engagement as he threatens a ₦10 billion defamation lawsuit over PFIPC allegations.

    PFIPC Scandal: Gbajabiamila files N15bn suit against Adeyemi

    'A national disgrace', NBA condemns Ozoro festival assault on women

    NBA vows no going back on Saturday election

    Yoruba lawyers demand postponement of NBA election

    Yoruba lawyers demand postponement of NBA election

    Ahmed Ododo speaking at Kogi State Security Summit in Abuja

    Kogi confirms rescue of kidnapped NECO students

    Subscribe to News

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

    Bus crash kills 20 schoolchildren in Uganda

    Bus crash kills 20 schoolchildren in Uganda

    July 17, 2026
    Donald Trump announces new US green card application policy affecting Nigerians and other foreign nationals.

    Trump limits Nigerians, other foreign students to four-year US stay

    July 17, 2026
    Infantino denies Trump influence after Balogun red card overturn

    Trump to attend World Cup final on Sunday

    July 17, 2026
    FIFA names referees for Spain, Argentina World Cup final

    FIFA names referees for Spain, Argentina World Cup final

    July 17, 2026
    Femi Gbajabiamila, Chief of Staff to President Bola Tinubu, during an official engagement as he threatens a ₦10 billion defamation lawsuit over PFIPC allegations.

    PFIPC Scandal: Gbajabiamila files N15bn suit against Adeyemi

    July 17, 2026
    Facebook X (Twitter) Instagram
    • Politics
    • News
    • Sports
    • Business
    • About Us
    © 2026 ChronicleNG

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