• Advert Rate
Wednesday, July 2, 2025
  • Login
TVC News
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalist Hangout
    • Issue With Jide
    • Trending Video
  • TVCNews-AI
    • AI TVC News Yoruba
    • AI TVC News Hausa
    • AI TVC News Pidgin
    • AI TVC News Igbo
No Result
View All Result
No Result
View All Result
TVC News
No Result
View All Result

FG denies reports of plans to pay $100m to Kebbi Gov Bagudu from Abacha loot

February 23, 2020
in Latest Nigeria News, Nigeria News
FG denies reports of plans to pay $100m to Kebbi Gov Bagudu from Abacha loot
Share on FacebookShare on Twitter

The Presidency has denied claims that the federal government is planning to pay 100 Million US dollars out of the 300 million dollars Abacha loot to Kebbi State Governor Abubakar Atiku Bagudu.

Officials within the presidency revealed that the administration is currently talking to the US government on the return of three pots of tranches of Abacha loot.

They also disclosed that there is the sum of 100 million US Dollars yet to be resolved which the Obasanjo administration ceded to Abubakar Bagudu.

It is an agreement that is being litigated because the US government itself does not recognize the Obasanjo-Bagudu settlement.

There is also a third tranche of 60 million US Dollars which is also a subject of private litigation by the Abacha family.

The presidency assured that the money being paid to the Nigerian Sovereign Investment Authority is going into the funding of ongoing work on Lagos-Ibadan expressway, the Second Niger Bridge and the Abuja-Kano expressway.

Next Post
Customs intercepts more than 52 trucks carrying Dates, Tiger nuts in Katsina

Customs intercepts more than 52 trucks carrying Dates, Tiger nuts in Katsina

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

YouTube player
Get Breaking News Alerts on WhatsApp! Subscribe now and never miss an update
ADVERTISEMENT

Headlines

  • Live-Stream
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Entertainment

Shows

  • Issue With Jide
  • Journalist Hangout
  • This Morning
  • TVC Breakfast
  • Today in the news
  • Documentaries

Live TV

  • Windows & Mac
  • iPhone & iPad
  • Android & IOS

App Download

  • Download Android App
  • Download for iOS
  • HOME
  • ADVERT RATE
  • Contact

© 2022 TVC Communications - Owner of TVC News

No Result
View All Result
  • World News
  • Politics
  • Business
  • Sport
  • Tech
  • Health
  • Entertainment
  • Show
    • Election 2023
    • Journalist Hangout
    • Issue With Jide
    • Trending Video
  • TVCNews-AI
    • AI TVC News Yoruba
    • AI TVC News Hausa
    • AI TVC News Pidgin
    • AI TVC News Igbo

© 2022 TVC Communications - Owner of TVC News

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In