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

2026 Governorship race: Oyebanji Wins as APC sweeps Ekiti

EKITI: Governor Biodun Oyebanji of the All Progressives Congress (APC) has won the 2026 State…

11 hours ago

#EkitiDecides2026: Winner Emerges In Governor Oyebanji’s Polling Unit

THE results from Polling Unit 03, Ward 06 in Ekiti West Local Government Area have…

20 hours ago

Lady commits suicide over failed relationship

News Update THE Police Command in Anambra State, has launched an investigation into the suspected…

24 hours ago

#EkitiDecides2026: Gov Oyebanji Casts Vote, Commends Electoral Process

News Update Ekiti State Governor, Mr Biodun Oyebanji on Saturday voted at his Ikogosi Ekiti…

1 day ago

#EkitiDecides2026: Security Operatives mount Oyebanji’s polling unit

Armed personnel of the Economic and Financial Crimes Commission, EFCC, the Nigeria Immigration Service, NIS,…

1 day ago

Suspect Who Breached Ataoja of Osogbo’s Palace Remanded as Police Rule Out Attack on Monarch

Days after the incident, the Osun State Police Command confirmed the arrest of a man…

1 day ago