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Nigeria’s Tinubu suspends humanitarian minister facing financial probe

Nigeria’s Tinubu suspends humanitarian minister facing financial probe

NIGERIA'S president has suspended the minister of humanitarian affairs immediately and asked the corruption watchdog to investigate financial transactions involving her ministry, the president's spokesperson said on Monday. The Minister of Humanitarian Affairs and Poverty Alleviation Dr Betta Edu. Photo source: Facebook Betta Edu, the Minister of Humanitarian Affairs and Poverty Alleviation, is the first minister to be suspended, less than six months after her appointment by President Bola Tinubu, who won last year's disputed elections vowing to revive growth in Africa's biggest economy and fight corruption. Spokesperson Ajuri Ngelale said the president had directed the Economic and Financial Crimes…
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Nigeria’s Dangote Group says it is cooperating with FX investigation

Nigeria’s Dangote Group says it is cooperating with FX investigation

NIGERIA'S Dangote Group said that it was cooperating with an anti-graft commission which is investigating the possible misuse of foreign exchange from the central bank and would provide all required information. In its first comments since the Economic and Financial Crimes Commission (EFCC) visited the company's headquarters in Lagos last week, Dangote confirmed that the agency's officers had sought some documents to help the investigation. The group is owned by Africa's richest man Aliko Dangote. It said it first received a request for documents last month and delivered a batch on Jan. 4 but the EFCC did not accept the documents, insisting…
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Nigeria’s president nominates new head of anti-graft agency

Nigeria’s president nominates new head of anti-graft agency

NIGERIS'S president nominated a lawyer to head its anti-graft agency after President Bola Tinubu suspended the previous chief amid corruption allegations, his spokesperson said. Tinubu's nomination of Ola Olukoyede, a former chief of staff to the previous head of the Economic and Financial Crimes Commission (EFCC), comes four months after he suspended indefinitely Abdulrasheed Bawa for alleged abuse of office. The EFCC is tasked with investigating and prosecuting graft in Africa's largest oil exporter and biggest economy, which has grappled with endemic corruption for decades. If confirmed by the Senate, Olukoyede will take the reins of an agency that is leading extradition proceedings for…
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Nigeria’s president nominates new head of anti-graft agency

Nigeria’s president nominates new head of anti-graft agency

NIGERIA's president nominated a career employee to head the country's anti-graft agency after the previous chief was ousted amid corruption allegations, his office has announced. Abdulrasheed Bawa President Muhammadu Buhari's nomination of Abdulrasheed Bawa, a regional head of the Economic and Financial Crimes Commission (EFCC), comes seven months after he suspended previous chief Ibrahim Magu amid allegations that he had diverted funds recovered by the agency into private pockets. The EFCC is tasked with investigating and prosecuting graft in Africa's largest oil exporter and its biggest economy, which has grappled with endemic corruption for decades. If confirmed by the Senate,…
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