Showing posts with label 5m. Show all posts
Showing posts with label 5m. Show all posts

Thursday, June 27, 2013

FG recovers £22.5m stolen assets abroad – Adoke




Attorney General and Minister of Justice, Mr Mohammed Adoke, said on Thursday that his ministry had recovered more than twenty million pounds allegedly stolen from Nigeria’s coffers.
Adoke, who said this at the 2013 Ministerial Platform in Abuja, noted that the money was recovered from one Raj Arjandes Bhojwani, an Indian national and associate of late Head of State, Gen. Sani Abacha.
He said that the assets were recovered in 2011, adding that the ministry was able to recover and repatriate the money following its negotiations with the Island of Jersey.

“During the period under review, the ministry intensified its efforts to trace and repatriate Nigeria’s stolen assets abroad.  “In this connection, we have maintained effective liaison and communication with targeted jurisdictions to keep pace with assets recovery proceedings in those jurisdictions.
“In 2011, our close liaison and negotiation with the Island of Jersey led to the recovery and repatriation of the sum of £22.5 million confiscated by the Royal Court of Jersey from Raj Arjandes Bhojwani, an Indian national and associate of General Sani Abacha on account of his money laundering transactions from Nigeria.“

Saturday, April 27, 2013

FG Plans To Create 5m Jobs By 2015 – Aganga



Dr Olusegun Aganga, the Minister of Industry, Trade and Investment, on Thursday said that the Federal Government was working to create at least five million jobs by 2015. Aganga, who stated this in Ibadan at the opening of the 6th National Council on Industry, Trade and Investment (NCITI-06), said it would be achieved with industrialisation of the country.
According to him, the economic transformation of the country requires the support and contributions of every Nigerian.The Minister said the nation had in recent times became the number one investment destination in Africa, saying the country had grown by seven per cent in the last 14 years.

ST

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