Sentences with phrase «naira stolen»

President Muhammadu Buhari on Tuesday said since its inception in 2015, his administration has succeeded in recovering trillions of naira stolen by those he described as people without conscience.

Tinubu said the billions of dollars and trillions of Naira stolen by past governments if used for the people, would have transformed the nation.

Not exact matches

The EFCC dragged Odukoya before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja on a four - count charge bordering on forgery, use of false information, perjury and stealing to the tune of N1, 741, 994, 962.04 (One Billion, Seven Hundred and Forty - one Million, Nine Hundred and Ninety - four Thousand, Nine Hundred and Sixty - two Naira, Four Kobo).

Justice Agbim noted that «the fuel subsidy fraud involved corruption and fraud on a very massive scale»; that it involved many oil companies and officials of government's regulatory agencies «looting and stealing of trillions of naira from the Federal Government of Nigeria and threatening the security and economy of Nigeria.»

Within this year alone, the Commission recovered stolen assets running into several millions of US Dollars and billions in naira.

From the President who has refused to act on investigative reports submitted to him on grievous allegations of diverting over a billion naira meant for resettlement of Internal Displaced Persons (IDPs) by the Secretary to the Government of the Federation, Babachir Lawal under the Presidential Initiative for the North East (PINE) and the miraculous discovery of 13billion naira in an apartment at Ikoyi, Lagos under the supervision of the Director of the Nigerian Intelligence Agency (NIA), Ayodele Oke, to the Head of Service of the Federation, Oyo - Ita Winifred Ekanem, who connived with others to reinstate into active duty and promote Abdulrasheed Maina, the former Chairman of the Pension Reform Task Team, who allegedly stole over 6billion naira pension fund; the Chief of Staff to President Buhari now renamed the «Thief of Staff», Abba Kyari, who allegedly received a bribe of 500million naira to negotiate a fine reduction for MTN Nigeria, and has continuously been in the heart of every sharp practices in the Presidency; the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu who allegedly received a kickback of 3.8 billion naira in exchange for marginal oilfield using his brother, Dumebi Kachikwu as front; the Minister of Justice, Abubakar Malami, who was the brain behind the reinstatement of Abdulrasheed Maina; the Chief of Army Staff, General Tukur Buratai who during his time as the Director of Procurement at the Army Headquarters allegedly diverted funds meant to equip the Military into buying choice properties worth millions of dollar in Dubai; the Minister for Solid Minerals, Dr. Kayode Fayemi who allegedly embezled State Universal Education Board (SUBEB) funds as the Governor of Ekiti State; the Minister for Interior, Abdulrahman Bello Dambazau who was indicted by a Presidential investigative committee probing Arm procurement for awarding ghost contracts worth $ 930,500,690 with others while as the Chief of Army Staff between 2008 - 2010 and one of the brains behind the reinstatement of Abdulrasheed Maina; the Minister of Transportation, Rotimi Amaechi alleged to have stolent 142billion naira as the Governor of Rivers State.

«Had the billions of dollars and trillions of naira that were stolen by past governments been used for the people, the nation would have been able to acquire the infrastructure and implement the programs that bring greater development and economic justice to all.

The seized money, allegedly linked to Nigeria's former Minister of Petroleum Resources, under the dispensation of President Goodluck Jonathan, according to the Economic and Financial Crimes Commission was stolen from the Nigerian National Petroleum Corporation and stashed in three banks in Nigeria, in US dollars and Naira.

So far, it has been established that the products stolen amount to over Eleven Billion Naira (N11bn).

Three Billion US dollars was stolen in what was called the strategic alliance contacts in 2013, three Nigerians were responsible, today three billion dollars is one trillion Naira and our budget is 7trillion!

The All Progressives Congress (APC) has urged the Enugu State Governor, Ifeanyi Ugwuanyi, to recover billions of naira allegedly stolen from Enugu Water Scheme under his...

«We have recovered and are still recovering trillions of naira that were stolen in the past few years by people without conscience.

The Treasury Single Account, the collapse of the oil market, and the humbling of the naira have in the past year meant that there isn't much for people to steal, but current stealing has never been the issue for this government, as it does not admit of corruption within its ranks.

20 yrs for stealing diesel that is not up to 10 million naira, while those that stole billions are strolling around like freemen.