Home Politics US Returns $52.88m Diezani Alison-Madueke’s Loot To Nigeria
Politics

US Returns $52.88m Diezani Alison-Madueke’s Loot To Nigeria

Share
US Returns $52.88m Diezani Alison-Madueke's Loot To Nigeria
Diezani Alison-Madueke
Share
  • The Federal Government of Nigeria has received $52.88 million in recovered assets linked to former Minister of Petroleum, Diezani Alison-Madueke, from the United States.

  • The recovered funds will be utilized for rural electrification projects and combating corruption.

  • Lateef Fagbemi hailed the asset return as a milestone in Nigeria’s collaboration with the US to combat corruption.

The Federal Government of Nigeria has officially received $52.88 million in recovered assets linked to former Minister of Petroleum, Diezani Alison-Madueke, from the United States.

The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, disclosed this during a formal signing ceremony in Abuja.

READ ALSO: EFCC Arrests Four Chinese, 101 Nigerians For Suspected Internet Fraud

ATTENTION: Click HERE to join our WhatsApp group and receive News updates directly on your WhatsApp!

According to Fagbemi, $50 million of the recovered funds will be deployed through the World Bank for the development of rural electrification projects, while the remaining $2 million will be utilized by the International Institute of Justice to expand the justice system and combat corruption.

He also described the event as a crucial step by President Bola Tinubu in addressing corruption.

US Ambassador to Nigeria, Richard Mills, emphasized the need for effective monitoring and utilization of the recovered assets to ensure they directly benefit Nigerians.

Gov Mohammed Criticizes President Tinubu’s Policies, Says They Are Causing Hardship For Nigerians

Bauchi State Governor, Bala Mohammed, has openly criticized President Bola Tinubu’s policies, stating that they are causing hardship for Nigerians.

According to Governor Mohammed, the president’s policies are not only affecting the people but also the state governors.

Continue Reading Here

 

Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles
Eno
Politics

I Admire And Love PDP, But It’s Time To Progressively Move – Gov Eno

The Akwa Ibom State Governor, Umo Eno has stated that he loves...

We'll Use BVAS in Bayelsa Governorship Election — INEC
Politics

INEC announces new date for Ekiti, Osun governorship elections

The Independent National Electoral Commission has announced Saturday, July 20, and Saturday,...

Bako Amgbashim: Fubara Announces N100m Bounty on Killers of Rivers DPO
Politics

Fubara, Wike Reconciliation: Rivers Governor Seeks Peace After Months of Turmoil

Rivers State Governor Siminalayi Fubara has expressed optimism about restoring peace with...

Increase Minimum Wage For Nigerian Workers Before Politicians’ — Shehu Sani To RMAFC
Politics

Shehu Sani Urges Nigerians to Assess Governors, Lawmakers

 Former Senator Shehu Sani has urged Nigerians to assess the performance of...

5win
RocketplayRocketplay casinoCasibom GirişJojobet GirişCasibom Giriş GüncelCasibom Giriş AdresiCandySpinzDafabet AppJeetwinRedbet SverigeViggoslotsCrazyBuzzer casinoCasibomJettbetKmsauto DownloadKmspico ActivatorSweet BonanzaCrazy TimeCrazy Time AppPlinko AppSugar rush