Tag: HEDA

₦1.38tr, $53.84bn, £1m allegedly stolen in 100 high-profile corruption cases – Report

Aminu Imam
HEDA Report

A new report by the Human and Environmental Development Agenda (HEDA) Resource Centre has revealed the vast scale of corruption in Nigeria, documenting 100 high-profile cases involving public officials and private individuals. According to the compendium, allegedly stolen amounts are reported in multiple currencies: ₦1.387 trillion, $53.84 billion, and £1 million. The report, unveiled on Tuesday by the HEDA Resource Centre in Lagos, referenced pending court cases involving former governors, ministers, senators, and other public officials accused of fraud, money laundering, embezzlement, and abuse of office. According to the report,…

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HEDA writes AGF, urges recovery of over $55bn owed Nigeria by IOCs

Aminu Imam
HEDA writes AGF on IOCs

The Human and Environmental Development Agenda (HEDA Resource Centre) has called on the Attorney-General of the Federation (AGF) Lateef Fagbemi, to take immediate action to recover over $55 billion owed to the Nigerian government by International Oil Companies, (IOCs). This demand is based on the Supreme Court ruling which mandates the recovery of additional revenue under the Deep Offshore and Inland Basin Production Sharing Contract Act. In a formal letter addressed to the AGF on behalf of HEDA Resource Centre by its Solicitor, Bolarinwa Aidi, it emphasised the urgent need…

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