Federal Government To Pay 2.5% Discount In Loot Recoveries
October 24, 2019
1:41 am
The Federal Government is seeking the approval of the National Assembly to pay 2.5 percent as commission to those that assisted it in the recovery of the late General Sani Abacha loot and other funds stashed abroad.
It equally wants approval of ₦30 billion as part payment of the ₦150 billion that has been accumulated for years.
The Minister of Justice and Attorney-General of the Federation, Abubakar Malami, dropped the hint during the ministry’s budget defense yesterday in Abuja.
Meanwhile, the chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, yesterday said Nigeria loses $15 billion yearly to tax …
