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Our Priority Is The Extradition Of Alison-Madueke – EFCC

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Our Priority Is The Extradition Of Alison-Madueke - EFCC

Extradition documents for former petroleum resources minister, Diezani Alison-Madueke, has been submitted to the Attorney-General of The Federation, Abubakar Malami.

Economic and Financial Crimes Commission also included a red alert watch-list by the International Police Organization (INTERPOL), and court judgments on the forfeiture of some of Alison-Madueke’s prime assets.

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EFCC says Madueke has finally forfeited some prized assets which includes a multi-storey building in Banana Island Foreshore Estate, in Ikoyi, Lagos; a real estate comprising six flats also in Ikoyi and an estate of 21 mixed housing in Yaba, Lagos.

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The commission says the extradition of the ex-minister is on the priority list for the year.

Nigerian News

Buhari Condemns Killing Of Christian Youths In Gombe

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Buhari Decries Killing Of Christian Youths In Gombe

President Muhammadu Buhari has expressed deep sadness over the killings of those Christian youths by the Nigerian policeman who was accused of intentionally ramming his vehicle into them in Gombe while on their Easter Sunday procession.

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The president also expressed sadness over the reprisal killing of the law enforcement officials allegedly responsible for the tragic incident.

In a statement on Monday, the president described the violent actions as “very unfortunate,” and extended condolences to the families of the victims.  He also wished the injured speedy recovery.

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Along with the Christian Association of Nigeria, Gombe chapter, and the state government, the president appealed for calm.  He also decried reckless driving, as well as what he called “quick resort to self-help and mob action.”

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Nigeria’s Borrowing Remains Relatively Low At 19% – Minister

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Nigeria's Borrowing Remains Relatively Low At 19% - Minister

Minister of Finance, Zainab Ahmed, has said Nigeria’s borrowing still stands at 19 per cent of the Gross Domestic Product (GDP).  She said this level is low compared to debt levels in Ghana, Brazil, South Africa, Egypt and Angola.

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The minister also said there is no plan to remove fuel subsidy. She said the International Monetary Fund merely advised the federal government to remove fuel subsidy but assured Nigerians fuel subsidy removal plans are not even being considered at this time.

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On the question of the country’s debt level, the minister said Nigeria’s borrowing is still at 19 per cent of GDP.  She said this is still within the country’s fiscal responsibility act which allows a maximum of 25 per cent of GDP.

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The minister said Nigeria has the lowest level of borrowing compared to other countries.

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Nigerian News

Sanwo-Olu Expresses Confidence In Election Petition Tribunal

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Sanwo-Olu Expresses Confidence In Election Petition Tribunal

Lagos state governor-elect, Babajide Sanwo-Olu, has expressed confidence he will be victorious at the Lagos State gubernatorial electoral petition tribunal.

The governor-elect expressed the optimism when he visited the tribunal to sign responses to two petitions challenging his victory in the march governorship election in Lagos.

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His victory is being challenged by chief Owolabi Salis of the Alliance for Democracy, and professor Ifagbemi Awamaridi of the Labour Party.

Sanwo-Olu said the tribunal will find that the challenges to his victory were without merit because Lagosians went out and voted in large numbers and made their choice.  With him at the tribunal was deputy governor-elect, Obafemi Hamzat.

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