The United States government and the brother of Nigeria’s Minister of Budget and Economic Planning of the Federation, Senator Abubakar Atiku Bagudu have filed a joint status report advising the U.S. District Court for the District of Columbia of the status of their negotiations. In the joint status report, filed by and through their lawyers, the U.S. (plaintiff) and Ibrahim Bagudu (claimant) requested additional time to complete their settlement or to determine that no settlement is possible.
The United States has expressed its willingness to resolve the lawsuit filed against the return of funds looted by the late Nigerian dictator, Sani Abacha. This signals the potential transfer of yet another $30 million to Atiku Bagudu, President Bola Tinubu’s controversial budget and national planning minister.
As a newly appointed Minister of Budget and National Planning, a parastatal that is key to making or marring the reputation, integrity and acceptability of the Bola Tinubu administration, all eyes are focused on Bagudu to advise the government of the federation on how to run an already expensive and deficit-ridden democratic government efficiently.
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