Tag: Subsidy Fraud
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How I helped Nigeria save $3.5bn from pensions, subsidy fraud under two presidents – Okonjo-Iweala
Director-General of the World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala yesterday reminisced on her tenure as Nigeria’s Finance minister under Presidents Olusegun Obasanjo and Goodluck Jonathan. She also revealed how she superintended over saving Nigeria a cumulative $3.5 billion by cleaning up the country’s pension and subsidy systems. Okonjo-Iweala spoke during a monitored online interview…
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Subsidy fraud: Otedola appears in court, insists Lawan demanded $3m bribe
The main prosecution witness in the trial of a former member of the House of Representatives, Farouk Lawan, Wednesday testified before a High Court of the Federal Capital Territory, Abuja. Femi Otedola, the founder of Zenon Oil, was allegedly pressured by Lawan to part with a $3 million bribe while the latter was chairing a…