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

Five university students rescued after abduction

Five students of the Gateway Polytechnic, Sapade, Ogun state, have been abducted by armed criminals…

40 minutes ago

Gunmen Storm Ekiti Church, Kill Pastor, Abduct Several Others

Residents of Eda Oniyo Ekiti in Ilejemeje Local Government Area of Ekiti State were thrown…

2 hours ago

Akpabio declares Jimoh Ibrahim’s Senate seat vacant

Senate President, Senator Godswill Akpabio, has officially declared the Ondo South senatorial seat vacant. He…

14 hours ago

BREAKING: Nenadi Usman emerges LP chairman

The Labour Party, LP, has elected Nenadi Usman as its National Chairman at the party’s…

15 hours ago

OAU students protest transport crisis, demand normalcy

Students of Obafemi Awolowo University Students’ Union, on Tuesday, staged a protest on campus, demanding…

15 hours ago

Faleke picks up Presidential forms for Tinubu

News update THE lawmaker representing Ikeja Federal Constituency, James Faleke, has picked up the All…

19 hours ago