ICPC Chairman professor Bolaji Owasanoye, said ICPC does not spend recovered funds, but pays them into Federal Government’s coffers. Owasanoye told the Senate Committee on Finance investigating activities of revenue generating agencies of the Federal Government that, ICPC had no retention powers over funds or assets recovered from corrupt people. ICPC spokesperson, Mrs Azuka
The Economic and Financial Crimes Commission (EFCC) on Wednesday, closed its case in a N333.8 million money laundering charge against former speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji. The commission closed its case after calling the second witness for the prosecution, Mr Adewale Olatunji, a former Clerk of the LAHA. Ikuforiji
(News Release) The Oghara Development Union, (ODU) Lagos Branch, has called on the Federal Government to insist that every single penny that has been forfeited by Chief James Onanefe Ibori’s associates in the London trial, should be returned to Nigeria. Ibori is from Oghara town in the Ethiope West Local Government Area of Delta
The Follow the Money Movement has called on federal anti-graft agencies to investigate Government Ministries, Departments and Agencies (MDAs) responsible for the acquisition and distribution of COVID-19 palliative relief materials. The anti-graft agencies are the Independent Corrupt Practices and other Related Offences Commission (ICPC) and the Economic and Financial Crimes Commission (EFCC). Mr Hamzat Lawal,
The Nigerian Copyright Commission (NCC) has arrested and arraigned seven suspected and notorious pirates in Court. Mr. John Asein, Director General (DG) of the NCC, disclosed this on Sunday, in Yola, where he will present a copyright certificate to a prominent stakeholder in the state. Asein said the suspects had “terrorised” authors and owners of
The Oyo State Government, through the Sustainable Development Goals (SDGs) programme, has embarked on a need assessment of Local Government Areas in the state. Mr Kunle Yusuf, the Senior Special Assistant to the state Governor on SDGs, stated this during a meeting held at Ibadan North-West and Ido Local Governments respectively on Saturday. The SDGs
Host Communities of Nigeria Oil and Gas Producing Communities (HOSCoS) on Tuesday appealed to the Federal Government to remit 13 percent oil derivation funds to oil producing communities. Dr Mike Emuh, National Chairman, HOSCoN, made the appeal when the team visited the Office of the Senior Special Assistant to the President on Niger Delta Affairs Sen.
Mr Lukman Kareem, a tax expert, says proper implementation of 2019 Finance Act will go a long way in reducing the extent of borrowing by the government. Kareem stated this in Abuja, on Thursday. The 2019 Finance Act, which was signed into law by President Muhammadu Buhari in January, introduced changes to the acts on