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Malami, Ahmed, Emefiele Appear Before Reps Over Looted Assets Probe

Malami, Ahmed, Emefiele Appear Before Reps Over Looted Assets Probe Posted by African ExaminerFeatured, Latest News, News Across Nigeria Monday, May 24th, 2021 (AFRICAN EXAMINER) – The House of Representatives has invited ministries, departments and agencies of the Federal Government as well as top officials, the private sector and civil society organisations to explain the status of looted funds and public assets recovered in the last 18 years. The Ad Hoc Committee on Assessment and Status of All Recovered Loot, Movable and Immovable Assets from 2002 to 2020 by Agencies of Federal Government of Nigeria for Effective/Efficient Management and Utilisation is to hold an investigative hearing on Monday.

Breaking News | Recovered Loots, Assets: Reps C tte Invites Malami, Ahmed, EFCC, ICPC, NSA, Others For Assessment

Views: Visits 5 By Levinus Nwabughiogu – Abuja House of Representatives Ad-hoc Committee on Assessment and Status of All Recovered Loots, Movable and Immovable Assets has invited the Minister of Justice and Attorney-General of the Federation, Abubakar Malami to give updates on the recovered loots. Others also invited included the Minister of Finance, Budget and National Planning; the National Security Adviser, Maj-Gen. Babagana Mongunu (rtd); the Economic and Financial Crimes Commission (EFCC); the Independent Corrupt Practices and Other Related Offences Commission (ICPC); the Nigeria Police Force; Nigeria Customs Service and Nigerian Navy. The National Drugs Law Enforcement Agency (NDLEA); Nigeria Security and Civil Defence Corps (NSCDC); Central Bank of Nigeria (CBN); Accountant General to the Federation; Auditor General of the Federation; Nigerian Sovereign Investment Authority; Former Ministers of Justice; Former National Security Advisers; Former Chairmen o

Recovered loots, assets: Reps C mte invites Malami, Ahmed, EFCC, ICPC, NSA, others for assessment -

Recovered loots, assets: Reps C tte invites Malami, Ahmed, EFCC, ICPC, NSA, others for assessment

Recovered loots, assets: Reps C tte invites Malami, Ahmed, EFCC, ICPC, NSA, others for assessment
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Nigeria Bureau De Change Association Boss Accuses Speculators of Destabilizing the Naira— Says Central Bank Funding Will End Currency Woes – Emerging Markets Bitcoin News

9 hours ago Nigeria Bureau De Change Association Boss Accuses Speculators of Destabilizing the Naira— Says Central Bank Funding Will End Currency Woes According to the head of the Nigerian group of bureau de change operators, the naira’s continued fall on the parallel market is down to the activities of speculators. However, Aminu Gwadabe, the president of the Association of Bureau de Change Operators of Nigeria (ABCON), suggests that only a “massive funding” of bureau de change (BDC) operators by the central bank will protect the naira from speculators. Speculators to Lose Over $200 Million To achieve this objective, however, the Central Bank of Nigeria (CBN) will have to continue selling “dollars to BDC operators at 393 nairas to a dollar.” This is despite the CBN’s recent devaluation of the local currency to around 411 to a dollar. As one report notes, if the CBN proceeds with this sustained funding of over 5,000 BDCs nationw

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