Nigeria is awaiting the return of $200m from the Netherlands and Switzerland from the Oil Prospecting Licence 245 deal, the Attorney-General of the Federation and Minister of Justice, Abubakar Mala...
Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami
The News Agency of Nigeria reported on Tuesday that Malami said this while declaring open a capacity building workshop and interactive session with judiciary correspondents in Abuja. Malami, who gave a scorecard of his ministry in the past one year, said due to the anti-corruption crusade of the present administration, the ministry facilitated the recovery of $62bn arrears from oil companies as part of the Federation Government’s Production Sharing Agreement.
Malami said the money had been paid into the federal government treasury for utility development such as Lagos Ibadan Expressway, Kano Abuja Expressway and the second Niger Bridge in line with agreement reached with the foreign partners.He further disclosed that over N685m was recovered through the help of whistleblowers within the last one year while N500m was recovered from forfeited vessels, trucks, and barges.
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