Past administrations, Obasanjo, Yar’Adua, Jonathan must account for repatriated loot – Court

Hamilton Nwosa
Writer

Ad

UNILAG, UI Top 2026 Times World University Rankings in Nigeria

By Obinna Uballa The University of Lagos (UNILAG) has emerged as the highest-ranked university in Nigeria, alongside the University of Ibadan (UI), in the 2026 Times Higher Education (THE) World University Rankings released on Thursday, October 9, 2025. According to the global ranking, UNILAG and UI both placed in the 801-1000 band out of more…

Oil Prices Set for Moderate Dip on Gaza Ceasefire

Crude oil prices are on course for another weekly decline following the news of a ceasefire between the Israeli government and Hamas, which was ratified today by Tel Aviv. At the time of writing, Brent crude was trading at $64.90 per barrel, with West Texas Intermediate at $61.28, as the Middle East war premium vanished. “This (deal) saw the…

Farouk Lawan Thanks Tinubu After Receiving Presidential Pardon

By Abiola Olawale Farouk Lawan, a former member of the House of Representatives, has appreciated President Bola Tinubu for granting him a presidential pardon. The New Diplomat reports that on Thursday, Tinubu, during a National Council of State meeting, granted a presidential pardon to Lawan and several others. Among others are one of Nigeria’s founding…

Ad

The Federal High Court sitting in Lagos in a landmark judgment has held that successive governments since the return of democracy in 1999 “breached the fundamental principles of transparency and accountability for failing to disclose details about the spending of recovered stolen public funds, including on a dedicated website.”  The court then ordered the government of President Muhammadu Buhari to “ensure that his government, and the governments of former President Olusegun Obasanjo, former President Umaru Musa Yar’Adua, and former President Goodluck Jonathan account fully for all recovered loot.”

 The judgment was delivered on Friday by Hon Justice M.B. Idris following a Freedom of Information suit no: FHC/IKJ/CS/248/2011brought by Socio-Economic Rights and Accountability Project (SERAP).  The details ordered by the court to be disclosed include: information on the total amount of recovered stolen public assets by each government; the amount of recovered stolen public assets spent by each government as well as the objects of such spending and the projects on which such funds were spent.  Justice Idris dismissed all the objections raised by the Federal Government and upheld SERAP’s arguments.

Details later.

Ad

Unlocking Opportunities in the Gulf of Guinea during UNGA80
X whatsapp