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

Nentawe’s Next 4 Years

By Daniel DalyopThe 8th National Convention of the All...

Project Ebulejonu Drives Campaign Against Gender-Based Violence in Kogi

By Noah Ocheni, LokojaStakeholders in Kogi State have intensified...

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

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

Kogi Governor Calls for Objective Journalism to Strengthen Good Governance

Governor Ahmed Usman Ododo has urged journalists in Kogi...

EFCC Chairman Backs UNODC Programme Targeting Corruption, Illicit Financial Flows

By Wilfred FrancisChairman of the Economic and Financial...

UK, US, France Among Countries Approving Nigerian Ambassadorial Nominees

The Federal Government says several countries, including the United...

AIG Adenola Congratulates Newly Decorated Police Officers

Assistant Inspector General of Police, Zone 16, , has...

Troops Foil Attempted Mass Abduction of Travellers in Borno, Rescue Over 150

Troops of Operation Hadin Kai have foiled an attempted...

Nigeria Targets 12bcf Daily Gas Output as Production Rises Under Reform Drive

Nigeria’s gas production is increasing as the Federal Government...

Prosperity Cup 2026: Bayelsa United Feeders, Izuo Gillette Advance to Round of 32

By Kumo Amgbare, YenogoaProsperity Cup 2026: Bayelsa United Feeders,...

Police begin Medical,Sanitation outreach in A’ibom

By Ogenyi Ogenyi, UyoThe Police Command in Akwa Ibom...

Related Articles

Popular Categories

spot_imgspot_img