Monthly Archives: May 2019

Army General Charges Buhari To Probe Recovered $2.1Bn Malabu Fund, Which Has Become Untraceable

President Muhammadu Buhari has been called upon to constitute a high-powered probe panel into the disappearance of a whopping sum of $2.1Bn, allegedly recovered in an Abuja residence said to belong to a former Attorney General of the Federation and Minister of Justice, Mohammed Bello Adoke. The huge sum was reportedly recovered in block 6, flat 1, NNPC Housing Estate,

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Minister Reveals FG Is Yet To Spend N2.18Trn From 2018 Budget

Minister of Budget and National Planning, Udo Udoma, has revealed that the Federal Government has only spent N6.938 Trillion of the 2018 budget, leaving N2.18 Trillion unspent. He disclosed this while making his presentation on the 2019 budget in Abuja. Udoma said the 2018 budget performance stood at 79%. “Of the total appropriation of N9.12 Trillion, N6.938 Trillion was spent.

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