Funds

President Bola Tinubu has said that his administration will ensure that every stolen asset from the country is recovered. The president made the assertion on Tuesday in Abuja while declaring open a Summit on Asset Recovery. The…
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The Nigerian Education Loan Fund (NELFUND) has vowed to deal with institutions that go contrary to the terms and conditions surrounding the student loan funds paid to it. The Managing Director, NELFUND, Akintunde Sawyer, said this in…
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The Nigerian Education Loan Fund (NELFund) has refuted allegations of misappropriation and mismanagement of student loan funds. In a statement on Thursday, Oseyemi Oluwatuyi, the fund’s director of strategic communications, said…
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The Economic and Financial Crimes Commission (EFCC) says it has traced proceeds from the failed CBEX crypto bridge exchange scheme to at least four countries, noting that full restitution to victims may be impossible. EFCC Chairman, Ola…
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The Civil Society Legislative Advocacy Centre (CISLAC) has commended the repatriation of $52.88 million in recovered assets linked to former Minister of Petroleum Resources, Diezani Alison-Madueke, by the United States government. …
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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has recovered over N52 billion and 966,900.83 U.S. dollars in the last one year. The ICPC Chairman, Dr Musa Aliyu (SAN), disclosed this, on Tuesday in Abuja,…
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The Economic and Financial Crimes Commission (EFCC) has commenced an investigation into the alleged abuse of office and diversion of funds in the Nigeria Football Federation (NFF). In a letter written to the National Sports Commission…
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The Federal Government has released funds for payment of withheld salaries of the Non-Academic Staff Union of Federal Universities (NASU). Mr Bawa Mokwa, the Director, Press and Public Relations, Office of the Accountant-General of the…
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A Federal High Court (FHC), Abuja has refused to shut down all expenditures of Gov. Siminalay Fubara of Rivers pending the hearing and determination of the substantive suit filed by the Martin Amaewhule-led Rivers Assembly. Justice…
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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has revealed how Usman Kwakwa, a senior staff of Rural Electrification Agency (REA), used his personal company to allegedly divert the agency’s funds. An…
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