Tag: Asset
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NNPC Ltd to disclose new asset base – Kyari
The Nigerian National Petroleum Company Limited (NNPC Ltd) says its huge asset base will be disclosed soon in view of its current status. Malam Mele Kyari, Group Chief Executive Officer of NNPC Ltd made this known on Tuesday at a media chat after the Presidential unveiling of the New NNPC Limited at the Presidential Villa,…
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P&ID: How UK judgment saved Nigeria’s assets from seizure – FG
The Minister of Information and Culture, Alh. Lai Mohammed has said that the judgment of the United Kingdom’s Commercial Court saved Nigeria’s assets from being seized by an Irish firm, Process and Industrial Developments (P&ID). He also said the Federal Government has mandated its lawyers to file an appeal against the court order for a…
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Alleged false asset declaration trial: Onnoghen opens defence, presents witness
The embattled Chief Justice of Nigeria, CJN, Walter Onnoghen, Monday opened his defence at the Code of Conduct Tribunal, CCT. His first Witness, Dw1, Lawal Olarewaju in evidence tendered a receipt of payment from the Code of Conduct Bureau, CCB, Asokoro office in Abuja for Onnoghen’s 2010 Asset Declaration Form which was reportedly purchased on…
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Assets declaration: CCT convicts 16 civil servants in Bauchi
The Code of Conduct Tribunal (CCT) in Bauchi has convicted 16 civil servants and political office holders found guilty of non-declaration of assets. Mallam Ibrahim Alhassan, the Head of Press and Public Relations of the CCT disclosed this in an interview with on Thursday in Bauchi He said the convicted persons failed to submit a…
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Mainagate: Magu opens up, says EFCC recovered N2.8b cash, luxurious assets from pension thieves
…Says Magu is still wanted by the agency …Denies re-looting recovered assets …blasts Senate committee for indicting it of sharing recovered asset The Acting Chairman of the Economic and Financial Crimes Commission (EFCC’S), Ibrahim Magu on Saturday confirmed that over N2.8billion was recovered from suspected pension thieves in the Office of the Head of the…
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State Asset: Maku blasts Al-Makura, says, ‘You will end up selling Government House one day’
Former Minister of Information under the administration of ex-president Goodluck Jonathan, Labaran Maku has said Governor Umaru Tanko Al-Makura of Nassarawa State will end up selling the Government House one day if adequate measures are not put in place to stop him. The former minister therefore challenged the governor to conduct a referendum on the…
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$18.5b oil revenue: Ex-PPMC MD, Haruna Momoh to forfeit nine Dubai properties
The Economic and Financial Crimes Commission, EFCC has commenced probing the disappearance of $18.5billion earned by the Nigerian National Petroleum Corporation (NNPC) during former President Goodluck Jonathan’s administration. The cash, according to an insider source have been traced to eight suspected assets in Dubai belonging to a former Managing Director of the Pipelines and Product…