World News

America Returns $52.88m linked to ex- Nigerian Minister

News Update

THE Nigerian government has received $52.88 million in assets linked to former Petroleum Minister Diezani Alison-Madueke, which were recovered from the United States

Speaking during the signing of MoU, the Attorney General of the Federation and Minister of Justice, Lateef Fagbemi (SAN) said the agreement provides that $50 million of the funds, which is about N77 billion, will be used to fund rural electrification project to increase the reliability and availability of renewable energy in Nigeria.

The minister added that the balance of $2.88 million will be disbursed as a grant by Nigeria to the International Institute for Justice (IIJ) to support “the Rule of Law and Counter-Terrorism Project,” through counter-terrorism capacity building for criminal justice sector practitioners in East, West, and North Africa.

VAM News

Recent Posts

Easter: Oyebamiji Celebrates Christians, Urges Continued Peaceful Coexistence

THE Governorship Candidate of All Progressives Congress APC in the forthcoming governorship election in Osun…

6 hours ago

Easter: Fayemi Urges Nigerians to Keep Hope Alive

As Christians commemorate the resurrection of Jesus Christ, the immediate past Governor of Ekiti State…

8 hours ago

Ekiti Marks World Autism Day with Awareness Walk, Trains Personnel on Screening

‎THE Ekiti State Government on Thursday stepped up efforts to promote inclusion and early intervention…

8 hours ago

Abuja roadside birth as mentally challenged woman delivers

The Federal Capital Territory Police Command has rescued an unidentified mentally challenged woman who delivered…

1 day ago

Saturday morning blaze sparks panic in lagos

Panic gripped parts of Lagos in the early hours of Saturday following as fire outbreak…

1 day ago

Troops arrest 13 Boko Haram supply suspects

Troops of the Nigerian Army have arrested 13 persons suspected to be part of a…

1 day ago