NEITI releases audit report, says Nigeria’s loss to crude oil thieves, Saboteurs hit N16.25 trillion in 11 years. Nigeria has spent $74.39 Billion which tranIates to N13.7 trillion on fuel subsidy from the years 2005 to 2021, the Nigeria Extractive Industry Transparency Initiative (NEITI) has declared. Platforms Africa reports that the time frame falls within the second term of ex-President Olusegun Obasanjo, a part of the term of late Umaru Yar’Adua, the term of ex-president Goodluck Jonathan, and the two terms of former president Muhammadu Buhari. READ ALSO: BREAKING:…
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Court Orders Obasanjo, Yar’Adua, Jonathan, Buhari Govts To Account for $5bn Abacha Loot
The Federal High Court sitting in Abuja, in a landmark judgment, has ordered the disclosure of the spending details of about USD$5 billion Abacha loot by the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar’Adua, Goodluck Jonathan and Muhammadu Buhari.” The court ordered the government of President Bola Tinubu to “disclose the exact amount of money stolen by General Sani Abacha from Nigeria, and the total amount of Abacha loot recovered and all agreements signed on same by the governments of former presidents Obasanjo, Yar’Adua, Jonathan and Buhari.” The…
Read MoreWabote, Jonathan, Lumumba Win African Heritage Awards
It was a night of colourful display of African culture and honour at the inaugural African Heritage Concert and Awards, where the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote was conferred with the Champion of Local Content Development in Africa Award. The event was held on Saturday evening in Kigali, Rwanda and it featured a stellar cast of change makers across Africa who physically picked up their awards, including the immediate past Nigerian President, Dr. Goodluck Jonathan, who won the African Democracy…
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