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

FG Taking Steps to End Resident Doctors’ Strike — Minister

By Joyce Remi-BabayejuThe Minister of State for Health...

NCC to Host Digital Economy Awareness and Sensitization Fora

By Francis WilfredThe Nigerian Communications Commission (NCC) says it...

US Military Intervention: China Warning

In the northeast, Boko Haram and its splinter groups...

Over 30 Killed, Kidnapped in Southern Kaduna Since October 23 — SOKAPU Alleges

By Achadu Gabriel, KadunaThe Southern Kaduna Peoples Union (SOKAPU)...

Wike Grants Defaulters of FCT Land Use 14 days to Pay N5 m Violation Fee

By Joyce Remi-BabayejuThe FCT Minister Barr Nysome Wike...

Wike, Military Brawl over Illegal Building Construction at Gaduwa Distrist

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nysome Wike...

Super Eagles’ Formula for CAF Semi-Final Playoff Triumph

By Emman Usman ShehuThe roar from Uyo's Godswill Akpabio...

Governor Douye Diri Named Nigeria’s Best Governor in Infrastructure Development

By Amgbare Ekaunkumo, YenagoaBayelsa State Governor, Senator Douye Diri,...

HAJJ 2026: MPWB Gives 1st Dec. Deadline for Fare Payment

By Joyce Remi-BabayejuThe FCT Muslim Pilgrims Welfare Board...

WHO Express Worry Over Diabetes Rise From 24m to 60m by 2050

By Joyce Remi-BabayejuThe World Health Organization, WHO,...

Drug Abuse Destroys but it Does not Rebuild.

By Raliat AbdulkadirPeacebuilding is a multidimensional process that seeks...

Related Articles

Popular Categories

spot_imgspot_img