THE FEDERAL GOVERNMENT SAYS NIGERIA IS AWAITING THE RETURN OF 200 MILLION DOLLARS FROM THE NETHERLANDS AND SWITZERLAND

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THE FEDERAL GOVERNMENT SAYS NIGERIA IS AWAITING THE RETURN OF 200 MILLION DOLLARS FROM THE NETHERLANDS AND SWITZERLAND.

ACCORDING TO THE ATTORNEY GENERAL OF THE FEDERATION AND MINISTER OF JUSTICE, MR ABUBAKAR MALAMI, THE MONEY IS PART OF PROCEEDS FROM THE OIL PROSPECTING LICENCE (OPL) 245 MALABU OIL DEAL.

MR MALAMI DISCLOSED THIS ON TUESDAY AT A ONE-DAY CAPACITY BUILDING WORKSHOP ORGANISED FOR JUDICIARY CORRESPONDENTS IN ABUJA, THE NATION’S CAPITAL.

AT THE EVENT, HE PRESENTED A SCORECARD OF THE MINISTRY OF JUSTICE IN THE LAST ONE YEAR DURING WHICH HE OUTLINED THE EFFORTS OF THE PRESENT ADMINISTRATION IN THE WAR AGAINST CORRUPTION.

THE MINISTER SAID DUE TO THE ANTI-CORRUPTION CRUSADE, THE FEDERAL GOVERNMENT FACILITATED THE RECOVERY OF $62 BILLION ARREARS FROM OIL COMPANIES AS PART OF ITS PRODUCTION SHARING AGREEMENT (PSA).

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