x

Reps Meet Malami Over Missing $2.4bn Crude Oil Sale

The Attorney General of the Federation (AGF), Abubakar Malami says so far his office has successfully recovered over one billion dollars ($1bn) for the country.

He stated this when he appeared before an ad hoc committee of the House of Representatives which is investigating the alleged missing 2.4 billion dollars in revenue from 48 million barrels of crude oil in 2015.

For a second time, the AGF appeared before the House Adhoc Committee.

He maintained his earlier position that he is unaware of the missing funds and responds to the request of the committee for the statement accounts of recoveries made since 2015.

Both parties also disagreed on the interpretation of the single account of the Federation as stated in the constitution.

Although the present administration and the Ninth National Assembly are approaching their end, the AGF agreed to work with the committee to get to the root of the missing funds.

Meanwhile, the Minister of Finance; Zainab Ahmed and the Governor of the Central Bank of Nigreria (CBN), Godwin Emefiele are yet to make an appearance before the House Committee.

Hot this week

Olusanya Resumes as Perm. Sec. Humanitarian Ministry

By Joyce Remi-BabayejuMr. Olubunmi Olusanya has assumed the role...

North-Central APC Forum Urges Review of Yilwatda’s Appointment as National Chairman

By Israel Adamu, JosThe North-Central All Progressives Congress (APC)...

Youths Involvement is Essential in Peacebuilding

By Raliat AbdulkadirIn Nigeria today, the youths make up...

Troops Foil Bandits’ Attack, Rescue Kidnapped Victim in Kogi

By Noah Ocheni, LokojaTroops of the 12 Brigade of...

FG Launches ECOWAS Biometric Identity Card to Combat Cross-Border Crimes and Irregular Migration

By Francis WilfredThe Federal Government has strengthened its regional...

TCN adds over 2000MW to the national grid

By Samuel ItsedeThe Transmission Company of Nigeria (TCN) says...

Gov Mbah Launches Hi-tech Drones, Equipment, Patrol Vans to Boost Security

_...No hiding place for criminals – Enugu Security Trust...

Ex-Governor Emmanuel may dump PDP as he rallies Nigerians for Tinubu

By Ogenyi Ogenyi,UyoThere are strong indications that former Governor...

FG Set to Expose Terrorism Financiers Soon — Presidential Aide

The Federal Government is preparing to publicly name individuals...

NDPHC Faults Media House Over False Allegations, Reveals Major Achievements

The Niger Delta Power Holding Company (NDPHC) has strongly...

Plateau Governor Absorbs Over 700 Ad-Hoc Staff, Ending Years of Neglect

By Gyang BereIn a landmark decision, Governor Caleb Manasseh...

NCDMB Trains Bayelsa Students on Local Content, Youth Empowerment Opportunities

By Amgbare Ekaunkumo, YenagoaThe Nigerian Content Development and Monitoring...

Related Articles

Popular Categories

spot_imgspot_img