looted

Looted Nigeria Heritage Resources: The Untold Story

TwoΒ weeks ago, Nigeria’s minister of culture and tourism, Alhaji Lai Mohammed, was in Lagos and took to the media to lament the very unfortunate but slow response by certain foreign powers to return Nigeria stolen artifacts in their custody. Knowing Lai Mohammed very well, something must have pricked him into this action and it is not our business today to really find out why this politician from Kwara would want to take on the global mafia running underground the very lucrative business on artifacts and heritage resources.Β 

Even though this underground business cuts across the entire world, Africa,

FGN: $400bn looted from govt treasury

FGN: $400bn looted from govt treasury

The federal government said Thursday that the amount of money looted from government treasury through corrupt practices stood at $400 billion.

This is coming as the acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, said the commission was committed to the recovery of stolen assets for the development of the country.

The Minister of State for Niger Delta Affairs, Mr. Festus Keyamo, who made the declaration in Abuja, said government arrived at the amount through a research conducted recently.

Keyamo, who spoke while addressing 164 officers of the EFCC Cadet Course 8 currently undergoing …