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Nigeria Plugs Recovered Loots In Budget; Zimbabweans Cried out Against Electric Vehicles; Nissan CEO Makes Exit......More on the News

Sep 09, 2019 10:29 PM
Nigeria Plugs Recovered Loots In Budget; Zimbabweans Cried out Against Electric Vehicles; Nissan CEO Makes Exit......More on the News Africa Business Radio, Zimbabwe, Electric Vehicles, Africa Business News, Nigeria, Budget, Corruption


Recovered funds used to drive the Nigerian budget; Dangote cement warns customers against fake prices; Zimbabwe plans to jumpstart the use of electric cars as a solution to fuel scarcity; Embattled Nissan CEO to resign.


The Attorney-General of the Federation and Minister of Justice Mr. Abubakar Malami (SAN ) has said the Federal Government used looted funds that have been recovered to partly finance annual budgets within the last 3 years. He said the Federal Government had intensified its anti-corruption war by approving the harmonized National Anti -Corruption Strategy. Malami explained that the Asset Recovery and Management Unit in the Federal Ministry of Justice served as the secretariat responsible for the implementation of NACS. He stated that high-level transparency in asset recovery had been achieved by the Federal Government in the last three years, with respect to the commitment under anti-corruption thematic, the Federal Government has approved the harmonized NACS. These, he said, have been applied towards the implementation of Nigeria’ s annual budget as well as in social investment for the poor. ”

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