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

Senator Nora Daduut Announces Passing of Sister Emelia Adakole

Former Plateau South Senator and Nigeria’s Ambassador to South...

Kogi NUJ Correspondents’ Chapel to Hold 2026 Press Week in Lokoja

The Correspondents’ Chapel of the Nigeria Union of Journalists...

Vandalism Causes Collapse of Power Transmission Tower on Ughelli–Benin Line, TCN Says

The Transmission Company of Nigeria (TCN) says vandalism led...

ADC warns Bolaji Abdullahi over alleged misuse of Party name, logo

Board of Trustees, BoT, and National Working Committee, NWC,...

JUST IN: Tinubu Meets UK PM Starmer, Set to Witness £746m Port Deal Signing

President Bola Tinubu is holding talks with United Kingdom...

A’ibom targets 369 solar-powered schemes as AHDC calls for reforms

By Ogenyi Ogenyi,UyoAkwa Ibom government has concluded arrangements to...

Groups Endorse Tinubu’s Re-election, Back Ishola for Ogun Governorship

No fewer than 11 socio-political groups have declared support...

EFCC Evicts Malami from Abuja Residence Amid Ongoing Court Dispute

Former Attorney-General of the Federation, Abubakar Malami, has accused...

PDP Crisis Deepens as Governors Reject Consensus Candidates Backed by Wike

The internal crisis within the Peoples Democratic Party escalated...

ICPC Arraigns El-Rufai Over Alleged Corruption, Court Fixes Bail Hearing

The Independent Corrupt Practices and Other Related Offences Commission...

Oborevwori Inaugurates Grassroots Coordinators for Renewed Hope Ambassadors in Delta

Delta State Governor, Sheriff Oborevwori, has inaugurated local government...

Kaduna Group Inaugurates LG Campaign Structures in Support of Tinubu, Uba Sani

A support group linked to Nigeria’s Minister of Defence,...

Related Articles

Popular Categories

spot_imgspot_img