✕ CLOSE Online Special City News Entrepreneurship Environment Factcheck Everything Woman Home Front Islamic Forum Life Xtra Property Travel & Leisure Viewpoint Vox Pop Women In Business Art and Ideas Bookshelf Labour Law Letters
Click Here To Listen To Trust Radio Live

Malami: Nigeria recovered N3.2bn loot within a year

The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, has said Nigeria has recovered over N3.2bn (£6,324,627.66) of stolen monies from various jurisdictions globally from March 2021 to May 2022.

He said this Thursday while featuring at the 46th Session of the State House Briefing organised by the Presidential Communications Team at the Presidential Villa, Abuja.

Man drags Buhari, Malami, others to court, wants NYSC scrapped over insecurity

SPONSOR AD

Why whistleblowing policy is not working — Malami

He said the recovered foreign loots had since been disbursed into key infrastructure projects nationwide, including the Second Niger Bridge, Abuja-Kano Road and the Lagos-Ibadan expressway.

The minister also said the federal government raised N1.82bn from the sale of bid forms and actual sale of forfeited properties in the first 18 months of the Muhammadu Buhari administration.

Malami, who said the Justice Ministry had backed the federal government in various infrastructure funding agreements, regretted that Nigeria currently faces a N329bn funding gap.

The AGF added that an inter-ministerial committee on the audit and recovery of back years on stamp duty had so far recovered N596,055,479.47.

Join Daily Trust WhatsApp Community For Quick Access To News and Happenings Around You.

NEWS UPDATE: Nigerians have been finally approved to earn Dollars from home, acquire premium domains for as low as $1500, profit as much as $22,000 (₦37million+).


Click here to start.