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Today's Headlines:EFCC Recovers N30bn From Humanitarian Ministry's Looted Funds

Today's Headlines:EFCC Recovers N30bn From Humanitarian Ministry's Looted Funds

Today's Headlines:EFCC Recovers N30bn From Humanitarian Ministry's Looted Funds

  •  (Tue) Nov 05, 2024
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News Source: Punch Newspapers

The Economic and Financial Crimes Commission has recovered over N30bn from the N37,170, 855,753.44 allegedly laundered in the Ministry of Humanitarian Affairs under the former minister, Sadiya Umar-Farouk.

Sources in the anti-graft agency, who spoke with our correspondent on Friday, said the commission had also uncovered over N500m from the scam associated with Umar-Farouk's successor, Betta Edu, who was recently suspended by President Bola Tinubu.

Saturday PUNCH had in December reported that N37,170,855,753.44 was transferred from government coffers and sent to 38 different bank accounts domiciled in five legacy commercial banks belonging to or connected with a contractor, James Okwete.

It was gathered on Friday that N30bn was recovered by the EFCC following the placement of a lien on the bank accounts of Umar-Farouq and Okwete, who are still being grilled by the anti-graft agency's investigators.


Photo credit: Google

Shell Plans Gas Supply To Dangote Fertiliser Plant

Photo Credit:Punch Newspapers

The Shell Petroleum Development Company of Nigeria Limited has concluded plans to supply 100 million standard cubic feet of gas per day to the Dangote Fertiliser and Petrochemical Plant in Lekki, Lagos State.

The SPDC said it took the final investment decision alongside its joint venture partners - Nigerian National Petroleum Company Limited, TotalEnergies EP Nigeria Limited, and Nigerian Agip Oil Company.

The decision is to "build a dedicated upstream facility to supply 100 million standard cubic feet of gas per day to Dangote Fertiliser and Petrochemical Plant in Lekki, Lagos State, for 10 years," a statement made available to The PUNCH on Sunday stated.

Economic Hardship: Bear With Tinubu, Lawmaker Urges Nigerians


Photo Credit:Punch Newspapers

A member representing Yagba Federal Constituency of Kogi State in the National Assembly, Leke Abejide, has called on Nigerians irrespective of political and religious inclination, to bear with the administration of President Bola Tinubu for at least two years to enable its policies to manifest and benefit from their good results.

Abejide made the call on Saturday during a grand reception organised in his honour by the Yoruba community in Kano State.

The event also featured his conferment of the title of Asiwaju of Yoruba Kano by His Royal Highness, the Oba Yoruba of Kano, Dr. Murtala Otisese.

"I have the confidence that the Tinubu administration will make the economy better for the country. I have said it before, it is like when a woman is in labour there is a lot of pain pending when she delivers.

Sokoto Rerun:PDP Rejects Tambuwal West Result


Photo Credit:Punch Newspapers

The Peoples Democratic Party in Sokoto has rejected the rerun election results of Tambuwal West Constituency, describing it as a daylight robbery.

The party in a statement released by the state spokesman, Hassan Sahabi Sanyinnawal, on Sunday, however, congratulated the winners of the other two contested seats.

INEC had declared the candidate of the All Progressive Congress, Dahiru Bashir Ahmed, as the winner of the Tambuwal West constituency with a total number of 19,315 votes.

He defeated PDP's Hantsi Sule Romo who polled a total number of 19,021 votes.

"The Sokoto State Chapter of the Peoples Democratic Party wishes to facilitate with the Members-Elect for Yabo/Shagari Federal Constituency Hon Umar Yusuf Yabo and Bodinga North State Constituency, in the State Assembly, Hon Abubakar Magaji for winning their respective rerun elections conducted by the Independent National Electoral Commission INEC on Saturday 3rd February 2024.


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 Written:    ( 11:40 am)

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