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Nigerian Government Reveals Latest Figure Of Recovered Loot

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Nigerian government says it has recovered more than N57.9 billion and $666.68 million through the anti-corruption war.

Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami, made the revelation yesterday in Abuja while defending the ministry’s 2017 Appropriation bill before the Senate Committee on Judiciary, Human Rights and Legal Matters.

Malami said: “N50 billion was the fine paid by MTN company while N7 billion and $10 Million US Dollars was recovered from private residence.”

Aside some money voluntarily returned, $250 million under interim forfeiture was said to be proceeds of oil bunkering and also $136.676 million is awaiting actual remittance and $270 Million was government fund recovered from commercial banks.

Malawi added that the ministry operated through 2016 without capital budget.

He said: “Our budgetary proposal of N18, 528,093,480.00 was not appropriated thereby compelling the Ministry to operate on a zero capital budget.”

In spite of all the odds, he expressed joy for the uncommon achievements recorded by the Ministry as a result of the recoveries made which culminated to increased revenue of the Federal government.

“I am happy to state however, that we as a Ministry recorded modest achievements in the act of contributing to the revenue generation of the Federal Government notwithstanding the zero capital budgets.”

In his response to Senator Ovie Omo-Agege, representing Delta West, on payment of outstanding judgment debts, the Minister explained that he was conscious and perturbed.

“Efforts are ongoing to offset the outstanding and probably abate future debts.’’

Source: Dailypost

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1 Comment

1 Comment

  1. Ghelshik Christopher Shitnaan

    February 26, 2017 at 6:30 am

    upon all these trillions of dollars returning to federal government account. where are those money now? inflation affected everything in the market now

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Criminal minds threatening Army with travel ban: Buratai

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Criminal minds threatening Army with travel ban: Buratai

Tukur Buratai, Nigeria’s Chief of Army Staff has disclosed that he does not mind living in Nigeria for the rest of his life.

Buratai made this statement on Monday in a meeting with Army Commanders in Abuja,  where they deliberated on the recent End SARS protest and pockets of violence across the country.

Information Nigeria recalls there have been calls by International bodies calling for a travel ban to be placed on some military officers accused of human rights abuses in Nigeria.

Buratai attacked the international organizations clamoring for a ban on top personnel and soldiers over rights abuses. According to him, his first trip outside Nigeria was when he was 50 and that he doesn’t mind if he has to live in Nigeria for the rest of his life.

“Criminal elements are threatening us with travel ban but we are not worried because we must remain in this country to make it better. The first time I travelled outside of this country, I was already 50 years and a General, so I don’t mind if I live the rest of my life here” The Cable quoted him as saying

At the meeting, the Army chief said recent events across the country have shown the determination of unscrupulous individuals and groups to cause chaos by all means.

“The events of the past few days in our dear nation have shown the determination of some unscrupulous individuals and groups to destabilise Nigeria by all means,” he said.

These individuals, groups and other undesirable elements have hijacked the peaceful #EndSARS protest marches resulting to widespread violence, acts of wanton destruction and looting of public and private properties in many parts of the country. These acts led to the imposition of curfew in several states of the federation.

Despite all these, the army has continued to exercise restraint applied all the principles of internal security operations and fully abided by the internationally recognised rules of engagement as contained in our published standard operating procedures for internal security operations which are derived from the International human rights laws and are in accordance with the international principles guiding the use of force.” he said.

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How iron protector prevented my shop from being robbed: Business man

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How iron protector prevented my shop from being robbed: Business man

Chima Smart Nwaneri, a businessman who operates in Owerri, Imo state has disclosed how suspected robbers were unable to burgle his office due to an iron protector.

Nwaneri thanked God for wisdom saying they couldn’t access his goods because of the protector on his ceiling.

 

 

Chima wrote on his Twitter account;

“So robbers visited my office where i do my business, but I thank God for wisdom, they couldn’t enter because of the protector on the ceiling..
Help me thank God….”

 

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#EndSARS: We are not collection of angels, Nigerian Police says

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#EndSARS: We are not a collection of angels, Nigerian Police says

The Nigerian police have said its officers are not angels, but the force is doing its best to serve Nigerians better.

This was disclosed in a statement posted on Twitter by the force. This comes after several unrest and pockets of violence that greeted the endsSARS protest against police brutality.

The Nigerian police appear to have started an online campaign to redeem their image and rebuild trust with Nigerian citizens, following the nationwide #EndSARS protests and its devastating fallout.

The security agency which admitted that it is not a collection of angels, however told Nigerians that it is doing its best to ensure better services.

The police, Monday night, uploaded a campaign flyer on Twitter, via their official handle @PoliceNG.

“We are not a collection of angels, but we are doing our best to serve you better,” said the flyer which was produced by the police public relations department, Force Headquarters, Abuja.

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