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Excess Crude Account Falls by 89% to $472,513

Nigeria’s excess crude account has declined by 89 per cent in the last eight years, moving from $4.1bn in November 2014 to $472,513 in the same period of 2022. According to a statement by the Ministry of Finance, Budget and National Planning, which…

Buhari Seeks Expansion of Extradition Law

President Muhammadu Buhari has sent to the National Assembly an Executive Bill for the amendment of Extradition Act, 2004, with a view to expand its enforcement scope beyond Commonwealth countries. The bill which scaled through first reading on the floor of the House,…

Buhari Leads 7-man Delegation to AU Summit in Niamey Today

President Muhammadu Buhari will today lead a seven-man Nigerian delegation to attend a two-day African Union Summit on Industrialisation and Economic Diversification, as well as the Extraordinary Session on African Continental Free Trade Area (AfCFTA) in Niamey, Niger Republic. On the President’s delegation…

We’ve Recovered $1bn Looted Funds Since 2015 —FG

The Federal Government said yesterday it has recovered $1 billion, being looted funds, since the inception of President Muhammadu Buhari’s administration till date. The Attorney General of the Federation, AGF, and Minister of Justice, Abubakar Malami, who disclosed this while briefing State House…

Buhari Names Media Aide, Onochie, as NDDC Chair

President Muhammadu Buhari on Wednesday asked the Senate to confirm the appointment of his Special Assistant on New Media, Lauretta Onochie, as the substantive Chairman of the Board of the Niger Delta Development Commission. Buhari’s letter which was read at plenary by the…
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