Former minister of Petroleum Resources in the Ex-President Good luck Jonathan’s administration, Diezani Allison-Maduekwe has just lost her $37.5 Million Banana Island property (15 – storey building) to the federal government (final forfeiture), following court’s pronouncement. She was prosecuted by the EFCC. Details later.
Nigeria’s $300 Billion Oil Theft Scandal
Nigeria has lost $300 billion to oil theft, auditors appointed by the Nigerian parliament said this week. The oil was sold illegally both at home and abroad, the Senate committee tasked with investigating oil theft losses said, as cited by Nigerian media. “The ad hoc committee should be given the mandate to track, trace, and…
November 6, 2025 • Opinion


