Public Agenda NewsPaperPublic Agenda NewsPaper
  • General News
  • Politics
  • Business
  • Health
  • Development Agenda
  • World News
  • Features & Opinions
  • Election watch
  • Editorial
Font ResizerAa
Public Agenda NewsPaperPublic Agenda NewsPaper
Font ResizerAa
  • General News
  • Politics
  • Business
  • Health
  • Development Agenda
  • World News
  • Features & Opinions
  • Election watch
  • Editorial
Search
  • General News
  • Politics
  • Business
  • Health
  • Development Agenda
  • World News
  • Features & Opinions
  • Election watch
  • Editorial
Follow US
Breaking NewsDiaspora newstop stories

Nigeria’s anti-graft agency recovers nearly $30 mln in corruption probe

Suleman
Last updated: April 15, 2024 12:16 pm
Suleman
Share
2 Min Read
SHARE

Nigeria’s anti-corruption agency has recovered $28.88 million after launching an investigation into alleged fraud at a government ministry responsible for tackling poverty, a spokesperson said.

Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, was suspended in January less than six months after her appointment by President Bola Tinubu, who came to power last year on a promise to revive growth and fight corruption.

Economic and Financial Crimes Commission (EFCC) spokesperson Dele Oyewale said in a statement that the probe, ordered by the president, had uncovered a “system and intricate web of fraudulent practices”.

More Read

2026 WCQ: Djiku’s strike seals win for Ghana over Mali to boost qualification chances
Eliminating Intra-African Trade Barriers no Longer Optional – AfCFTA Scribe
Judge reverses Trump administration’s cuts of billions of dollars to Harvard University
I’ll hold you to the June 2026 deadline – Mahama to Ofankor–Nsawam road contractor
Draft report on review of Constitution to be ready by October – CRC

So far, 32.7 billion naira ($28.43 million) and $445,000 had been recovered during the investigation into the activities of past and suspended ministry officials, he said.

“Investigations are ongoing and advancing steadily,” Oyewale said.

The EFCC is also examining the potential misuse of COVID-19 funds, a World Bank loan, and loot recovered from former dictator Sani Abacha which was allocated to the ministry for poverty alleviation programs in Africa’s most populous country.

The investigation extends beyond individuals, implicating banks that allegedly facilitated the fraud, he said.

“Banks involved in the alleged fraud are being investigated. Managing directors of the indicted banks have made useful statements to investigators digging into the infractions,” Oyewale said, without providing details of the banks.

Nigeria has struggled for decades with endemic corruption among senior public officials. Despite being Africa’s top oil producer and biggest economy, the country suffers widespread poverty, which many Nigerians blame on the political elite.

($1 = 1,150.0000 naira)

Share This Article
Facebook Whatsapp Whatsapp Email Copy Link Print

Latest News

GRNMA apologises to Health Minister over attacks
September 3, 2025
Shadows of Empire: The CIA, Kwame Nkrumah, and the Struggle for Ghanaian Sovereignty
September 3, 2025
Empowering Rural Women through environmental justice: GAGGA grantees convene in Accra
September 3, 2025
Birim North District Unveils Medium -Term Development Plan and More…
September 2, 2025
Chief Justice Getrude Torkornoo removed
September 1, 2025
ABANTU Engages Unsuccessful Women Parliamentary Candidates to Strengthen Political Participation in Ghana
August 28, 2025
Pakistan unveils 7-point plan for Gaza peace at OIC summit
August 26, 2025

You Might Also Like

Breaking NewsGeneral Newstop stories

Bagre Dam Spillage claims life of farmer

August 26, 2025
Breaking NewsBusinesstop stories

Ghana and Nigeria explore electricity for gas barter agreement

August 26, 2025
Breaking NewsGeneral Newstop stories

Ghana drops to 61st in 2025 Global Peace Index

August 26, 2025
Breaking NewsDevelopment AgendaElection watch

Charles Abugre Chairs MiDA Board

August 22, 2025

About Us

Public Agenda is fou­nded and owned by Pu­blic Agenda Communic­ations.

Public Agenda was founded as a public interest Me­dia entity. Its Visi­on is to contribute to building a well-i­nformed society where accurate informati­on dissemination is the cornerstone of a democratic, just and equitable society.

Its mission is to inform, guide and bui­ld responsible citiz­enship and accountab­le decision making and strive for excell­ence in the media in­dustry. Public Agenda Communications is managed by a Board of Directors.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?