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

Reactions Trail Burna Boy’s Response to California Birthday Party...

Senator Dafinone Urges Delta’s UPU Leaders to Promote Unity, Peace, and Development

By Anne AzukaSenator Ede Dafinone, representing Delta Central Senatorial...

Happy Birthday, Pharmacist Ahmed Ibrahim Yakasai (Kachallan Kano) at 65

 By Kabir Saidu Danladi Funtua As the month of December...

Media must amplify marginalized voices to drive inclusive growth – Stakeholders

By Achadu Gabriel, KadunaStakeholders in the media and...

Senator Dafinone Urges Delta’s UPU Leaders to Promote Unity, Peace, and Development

By Anne AzukaSenator Ede Dafinone, representing Delta Central Senatorial...

Health: ANHEJ Calls for Urgent Local Funds Mobilization Amid Dwindling Foreign Funds

By Joyce Remi-BabayejuThe Association of Nigeria Health Journalists, ANHEJ,...

Igoche Mark to Honour Lagos Legends Basketball Club at Grand Abuja Reception

In recognition of their historic victory in the recently...

2027: Delta Central APC Stakeholders Reaffirm Loyalty to Tinubu, Oborevwori

By Anne AzukaLeaders and stakeholders of the All Progressives...

NYA Appoints Six State Chairmen Across South-South to Strengthen Youth Mobilisation

By Jabiru HassanThe Office of the National Vice President...

Miaphen Calls for Calm Over Gov. Mutfwang’s Rumoured Defection to APC

By Israel Adamu, JosCoordinator of the Renewed Hope Advocates...

EFCC fighting financial crimes, not persecuting people- ACE Oshodi

By Emeka Samuel,UyoThe Economic and Financial Crimes Commission, EFCC,...

Related Articles

Popular Categories

spot_imgspot_img