$5bn Abacha loot: SERAP asks Okojo-Iweala should explain how the money was spent

The Executive Director of Socio-Economic Rights and Accountability Project (SERAP), Adetokunbo Mumuni, in a statement yesterday (Sunday), rejected the accusation of political agenda by the immediate-past Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, saying that “the issue of how over $5 billion recovered Abacha funds were spent under her watch deserves […]

Continue Reading

Subsidy claims by oil marketers rise to 1.7trn

Despite the measures initiated in 2011 by the last administration, especially at the Petroleum Products Pricing Regulatory Agency (PPPRA) to curb infractions in the administration of the subsidy regime and reduce claims to sustainable levels, total fuel subsidy claims by oil marketing companies have risen to N1,706,734,090,992 from January 2013 to September 2015. Based on […]

Continue Reading

Dasuki sent to EFCC by DSS

The Department of State Services (DSS) on Wednesday moved the immediate past National Security Adviser (NSA), Col. Sambo Dasuki (rtd), to the Economic and Financial Crimes Commission (EFCC), where he was interrogated by operatives of the commission over the $2.2 billion arms procurement deal. DSS laid siege to Dasuki residence for close to a month […]

Continue Reading