Close Menu
OsunDailyNG
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
OsunDailyNGOsunDailyNG
Subscribe
  • NATIONAL
  • LATEST
  • POLITICS
  • OSUN NEWS
  • METRO
  • ENTERTAINMENT
  • SPORT
  • BUSINESS
  • WORLD
OsunDailyNG
Home ยป FG Receives $52.88 Million Recovered Diezani Assets From US
NATIONAL

FG Receives $52.88 Million Recovered Diezani Assets From US

OsunDailyBy OsunDailyJanuary 10, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Diezani
Share
Facebook Twitter LinkedIn Pinterest Email
Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162

The Nigerian government on Friday received $52.88 million in recovered Galactica assets linked to a former Minister of Petroleum, Diezani Alison-Madueke, from the United States.

OsunDailyNG reports that the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, announced the recovery during a formal signing ceremony of the asset return agreement in Abuja.

Fagbemi explained that $50 million of the recovered funds would be channelled through the World Bank for the development of rural electrification projects.

The remaining $2.88 million, he added, would be allocated to the International Institute of Justice to enhance the justice system and support anti-corruption initiatives.

โ€œThis asset return signifies a milestone in the collaboration between Nigeria and the United States to combat corruption and uphold the rule of law,โ€ Fagbemi stated.

He emphasized that the recovery aligns with President Bola Tinubuโ€™s commitment to tackling corruption and ensuring the effective use of public funds.

US Ambassador Calls For Accountability

In his remarks, the United States Ambassador to Nigeria, Richard Mills, urged the Nigerian government to ensure proper monitoring and utilization of the recovered assets for the benefit of its citizens.

โ€œThe Ministry of Justice must guarantee that these funds are used transparently and effectively to improve the lives of Nigerians,โ€ Mills said.


Reach the right people at the right time with OsunDailyNG. Try and advertise any kind of your business to users online today. Kindly contact us for your advert or publication at newsdesk@osundailyng.com Call or Whatsapp: +2348132512456 07056907162
Assets Diezani Million Receives Recovered
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
OsunDaily
  • Website

Related Posts

Creative Industry Could Add $100 Billion To Nigeria’s Economy

March 6, 2025

For PDP To Win Lagos, Bode George Must Be Expelled

March 6, 2025

Black Market Dollar (USD) To Naira (NGN) Exchange Rate Today 6th March 2025

March 6, 2025

Comments are closed.

Facebook X (Twitter) Instagram WhatsApp Telegram Threads
  • Home
  • Privacy Policy
  • Advertise with US
  • Contact Us
  • About Us
© 2025 OsunDailyNG Media Hub. Designed by OsunDailyNG Media Hub.

Type above and press Enter to search. Press Esc to cancel.

Join Osun DailyNG Media Hub

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.