• About
  • Advertise
  • Contact
Wednesday, May 28, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home National

US Returns $52.88mln To Nigeria, Money Seized From ex-Petroleum Minister, Diezani

Vital News by Vital News
January 10, 2025
in National, News
0
US Returns $52.88mln To Nigeria, Money Seized From ex-Petroleum Minister, Diezani
Share on FacebookShare on Twitter

The United States of America (USA) has repatriated $52. 88 million traced to a former Nigeria’s Petroleum Resources Minister, Diezani Madueke.

The US Ambassador to Nigeria, Mr. Richard M. Mills, Jr, led a delegation that executed the Assets Return Agreement at the Federal Ministry of Justice Headquarters in Abuja, on Friday.

Signing the agreement on behalf of the Federal Government, the Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, SAN, disclosed that the $52.88milliin arose from the forfeiture of Galactica assets, linked to the ex-Minister and her associates.

The AGF maintained that the development was not only a testament to the unwavering commitment of both nations to fight corruption but also signified the commitment of the USA to facilitate restitution and support integrity and accountability in governance.

“Measures have also been put in place to ensure that the repatriated funds are not only disbursed but also utilized transparently and accountably by the World Bank and IIJ, with periodic reports to be forwarded to Nigeria and the US on the implementation of the projects.

RelatedStories

Famous African Author, Ngũgĩ wa Thiong’o Dies At 87

NSCDC Arrests 17 Illegal Miners In Kogi, Impounds 3 Trucks, 39 Motorcycles

Kogi, FRSC Move To Reduce Carnage On Obajana-Kabba, Lokoja – Abuja Highways, Others

ANA Holds Election, MD Graphic Newspaper Vies For Chairmanship

“This robust framework will guarantee that the funds are effectively used for the full benefit of the Nigerian people in line with UNCAC and the Global Forum on Asset Recovery (GFAR) principles,” the AGF added.
(vitalnewsngr.com)

Tags: DezianiNigeriaseizeUS
Previous Post

President Tinubu Departs Abuja To UAE Jan. 11 To Attend Abu Dhabi Sustainability Week

Next Post

Ex- Speaker Dimeji Bankole Loses Mother, Gov. Abiodun Sympathies With Family

Vital News

Vital News

RelatedStories

Famous African Author,  Ngũgĩ wa Thiong’o Dies At 87
Culture

Famous African Author, Ngũgĩ wa Thiong’o Dies At 87

May 28, 2025
NSCDC Arrests 17 Illegal Miners In Kogi, Impounds 3 Trucks, 39 Motorcycles
Environment

NSCDC Arrests 17 Illegal Miners In Kogi, Impounds 3 Trucks, 39 Motorcycles

May 28, 2025
Kogi, FRSC Move To Reduce Carnage On Obajana-Kabba, Lokoja – Abuja Highways, Others
News

Kogi, FRSC Move To Reduce Carnage On Obajana-Kabba, Lokoja – Abuja Highways, Others

May 28, 2025
ANA Holds Election, MD Graphic Newspaper Vies For Chairmanship
Education

ANA Holds Election, MD Graphic Newspaper Vies For Chairmanship

May 28, 2025
Housing Minister Inaugurates Committee For Disposal Of 753 Housing Units Recovered From Abuja Estate
Environment

Housing Minister Inaugurates Committee For Disposal Of 753 Housing Units Recovered From Abuja Estate

May 28, 2025
Next Post

Ex- Speaker Dimeji Bankole Loses Mother, Gov. Abiodun Sympathies With Family

Abiodun Promises To Release 100 CNG Buses, Warns Transporters Against Exploitation

Gov. Abiodun Approves Conduct Of 2023/2024 Promotion Exercise For 26,764 Civil Servants In Ogun

21 Victims Of Anambra Stampede Buried Amid Tears

21 Victims Of Anambra Stampede Buried Amid Tears

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

DANGOTE AND A WAR FORETOLD By  Dare BABARINSA

This Whole Issue On Dangote Refinery Shocking, Creating Bad Waves For Nigeria Globally – Afdb President, Akinwunmi Adesina

10 months ago
Club Confers Excellence Award On Branch Secretary Of Red Cross Society

Club Confers Excellence Award On Branch Secretary Of Red Cross Society

1 year ago
Odu’a Investment Company Appoints Yinusa As New MD/CEO As Raji Bows Out

Odu’a Investment Company Appoints Yinusa As New MD/CEO As Raji Bows Out

1 year ago
Ondo SSG, Tayo Oluwatuyi Dies

Abiodun Commiserates with Ondo Governor Over Death of SSG

5 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN Court Dangote death drugs Economy EFCC Election elections FG Fraud gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security Senate students Tinubu
No Result
View All Result

Highlights

Kogi, FRSC Move To Reduce Carnage On Obajana-Kabba, Lokoja – Abuja Highways, Others

ANA Holds Election, MD Graphic Newspaper Vies For Chairmanship

Housing Minister Inaugurates Committee For Disposal Of 753 Housing Units Recovered From Abuja Estate

GIMP Salutes Turner On Appointment As President Of Religious, Peace-centric University

National Sports Festival’s Impact on Ogun Economy Massive – Abiodun

President Tinubu Departs To Lagos For Celebration of ECOWAS 50th Anniversary, To Commission Projects

Trending

Famous African Author,  Ngũgĩ wa Thiong’o Dies At 87
Culture

Famous African Author, Ngũgĩ wa Thiong’o Dies At 87

by Vital News
May 28, 2025
0

Famous African Author, Ngũgĩ wa Thiong'o has died at the age of 87 years. Ngũgĩ wa Thiong'o...

Dangote Cement Rewards Distributors, Customers With CNG-Trucks, N11billion Cash At Awards Nite

Dangote Cement Rewards Distributors, Customers With CNG-Trucks, N11billion Cash At Awards Nite

May 28, 2025
NSCDC Arrests 17 Illegal Miners In Kogi, Impounds 3 Trucks, 39 Motorcycles

NSCDC Arrests 17 Illegal Miners In Kogi, Impounds 3 Trucks, 39 Motorcycles

May 28, 2025
Kogi, FRSC Move To Reduce Carnage On Obajana-Kabba, Lokoja – Abuja Highways, Others

Kogi, FRSC Move To Reduce Carnage On Obajana-Kabba, Lokoja – Abuja Highways, Others

May 28, 2025
ANA Holds Election, MD Graphic Newspaper Vies For Chairmanship

ANA Holds Election, MD Graphic Newspaper Vies For Chairmanship

May 28, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Famous African Author, Ngũgĩ wa Thiong’o Dies At 87 May 28, 2025
  • Dangote Cement Rewards Distributors, Customers With CNG-Trucks, N11billion Cash At Awards Nite May 28, 2025
  • NSCDC Arrests 17 Illegal Miners In Kogi, Impounds 3 Trucks, 39 Motorcycles May 28, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In