Tag: FormEx-president Buhari’s administration

‘Buhari’s Govt. pre-sold our oil to smaller foreign refineries on loan’ – Kachikwu

Aminu Imam
Dumebi Kachikwu

A former African Democratic Congress (ADC) presidential candidate, Dumebi Kachikwu, has alleged that Nigeria’s present oil production has been effectively mortgaged by the Buhari government’s pre-sale of crude oil to smaller refineries as a credit guarantee, leading to a scarcity for domestic refineries. Speaking about the alleged promise of crude oil sale to ?angote, during a television programme, he stated that contractual agreements supersede promises in the oil and gas sector. Kachikwu identified that the alleged promise given to ?angote for oil products is irrelevant without a binding contract. He…

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EFCC targets former Buhari ministers over multi-billion Naira fraud allegations

Aminu Imam
EFCC

The Economic and Financial Crimes Commission (EFCC) is intensifying its investigations into several former ministers who served under President Muhammadu Buhari, over alleged involvement in multi-billion naira fraud cases. This development follows the growing scrutiny of prominent figures from the previous administration. According to EFCC sources, the former Minister of Aviation, Hadi Sirika, and the former Minister of Justice and Attorney-General of the Federation, Abubakar Malami, are among those under investigation. These individuals were key figures during Buhari’s tenure and are now facing allegations tied to massive financial irregularities. Reports…

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