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Reps question EFCC, ICPC over recovered loots

Abdulrasheed Bawa, the Chairman, EFCC said that the agency had the available record of the amount recovered.
Bawa while answering questions on the much celebrated 43 million dollars loot recovered from Ikoyi in 2017, said that the money had been forfeited to the Federal Government.
He, however, added that only money forfeited and had gone to the Consolidated Revenue Fund (CRF) account could be utilised by the Federal Government.
Bawa said that the EFCC only relied on the annual budget for its operational cost, adding that the agency does not take money from recovered loot for operations.
The EFCC Chairman later pleaded he should be excused by the committee to attend to pressing engagement. ....

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Reps summon AGF over alleged missing £5.5m

The House of Representatives yesterday summoned the Accountant General of the Federation, Ahmed Idris, to appear before it and explain the whereabouts of an alleged missing 5.5 million Euros. ....

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Reps Grill EFCC, ICPC, Others Over Alleged Looting of Recovered Loots

(AFRICAN EXAMINER) – The House of Representatives Adhoc Committee on Assessment and Status of All Recovered Loots on Wednesday grilled the Economic and Financial Commission (EFCC), the Independent Corrupt Practices and Other Related Offences (ICPC) over recovered loots.
Others grilled by the House Committee include; the Nigeria Security and Civil Defence Corps (NSCDC), Nigeria Sovereign Wealth Fund among others in Abuja.
Mr Abdulrasheed Bawa, the Chairman, EFCC said that the agency had the available record of the amount recovered.
Bawa while answering questions on the much celebrated $43 million loot recovered from Ikoyi in 2017, said that the money had been forfeited to the Federal Government. ....

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Nigerian fund will boost homebuilding and economic growth

Collaboration between the public and private sector is helping to unlock delivery constraints for large-scale housing programmes in Nigeria. ....

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Nigeria, Morocco endorse protocols for fertilizer plant

Nigeria, Morocco endorse protocols for fertilizer plant
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