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Ned Nwoko Dismisses New Claims Over Consultancy Fees

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Ned Nwoko

Ned Nwoko consultancy fees dispute clarified as senator denies fresh allegations and cites EFCC findings confirming executed contract

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Senator Ned Nwoko issued a firm rebuttal in Abuja through his media team, addressing renewed allegations concerning outstanding consultancy payments linked to the Paris Club refund matter, insisting that all contractual obligations were duly executed and previously reviewed by relevant authorities.

Also read: Ned Nwoko explains arrest of Regina Daniels’ friend, denies assault claims

Ned Nwoko consultancy fees clarification came in response to what the senator described as misleading reports, which he said misrepresented facts that had already been examined by multiple investigative bodies, including the Economic and Financial Crimes Commission.

In a statement signed by his media team, Senator Nwoko maintained that four separate EFCC investigations, including one conducted under the current administration, had reached the same conclusion that the contractual work was properly carried out, while outstanding payments remain subject to agreed terms.

The statement further referenced official records from the Federal Ministry of Finance and the Central Bank of Nigeria, noting that all federal transactions were properly documented, processed and subjected to audit procedures.

Senator Nwoko also dismissed allegations suggesting improper collaboration with the Attorney General of the Federation, Lateef Fagbemi, describing the claims as unfounded and malicious in nature.

He accused certain individuals of driving what he termed a coordinated misinformation campaign, while stressing that legal steps had already been initiated in response to defamatory publications.

The senator urged members of the public to disregard unverified narratives and rely strictly on official findings and institutional records, reiterating his commitment to due process, transparency and the rule of law.

Also read: Regina Daniels’ brother reveals family introduced Ned Nwoko to Instagram

He further clarified that no fresh financial claim existed and categorically denied reports suggesting any payment of $350 million to him or his company.

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Tinubu

Tinubu receives NNPC’s 2025 audited report as profit after tax rises 33% to ₦7.2tn, with revenue reaching ₦34.5tn and dividend at ₦5.8tn (more…)

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Bold ’98

Bold ’98 Irish Whiskey enters Nigeria with a vibrant Lagos launch, blending Irish heritage, cocktails, food, music and a retro-themed celebration (more…)

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