PSA: Nigeria Recovered $62bn from IOCs, Says Malami - THISDAYLIVE

PSA: Nigeria Recovered $62bn from IOCs, Says Malami via thisdaylive

*Says FG expecting $200m from Nertherland, Switzerland as part of OPL 245 Malabu OilThe Attorney General of the Federation and Minister of Justice, Abubakar Malami , on Tuesday, said the Ministry of Justice facilitated the recovery of $62 billion arrears owed the federal government by oil companies operating in the country.

Malami said the money had been paid into the federal government’s treasury for infrastructure development, which include Lagos-Ibadan Expressway, Kano-Abuja Expressway and the Second Niger Bridge, in line with tripartite agreement reached with US and Jersey. He added that the ministry was also coming up with other Acts to regulate emerging digital-financial sub sector of the economy.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

THISDAY LIVE /  🏆 14. in NG

Nigeria Latest News, Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Malabu Scandal: Nigeria expecting $200m from Netherlands, Switzerland - MalamiMalabu Scandal: Nigeria expecting $200m from Netherlands, Switzerland – Malami
Read more »

Malami Vs. Magu - The Nation NigeriaThe losers are President Buhari, whose life legacy, would stand or fail on the anti-corruption war, and the grieving Nigerians, who have suffered and would continue to suffer the debilitating impact of corruption, in our wasting country.
Read more »

Akpabio: Asari Dokubo reacts to alleged fraud in NDDC, hits Magu, Malami - Daily Post NigeriaAsari Dokubo, former Niger Delta militant leader, has reacted to the alleged fraud and misappropriation of over N81 billion in the Niger Delta Development
Read more »

International transparency groups raise 25 questions for AGF Malami on OPL 245 contractsThe groups demanded details of agreements the Nigerian government signed with consultants for the recovery of assets related to the OPL 245 saga.
Read more »

Global Anti-graft Groups Probe Nigeria’s Attorney-General, Malami, Over OPL Asset Recovery | Sahara ReportersGlobal Anti-graft Groups Probe Nigeria’s Attorney-General, MalamiSAN, Over OPL Asset Recovery | Sahara Reporters Assets running into billions of dollars have been recovered due to local and international litigations but there is increasing... READ MORE:
Read more »

Human Rights Lawyer Condemns Sagay’s Comment On MalamiMost Influential Newspaper in Nigeria
Read more »