Saturday, February 28, 2026
  • Login
Ogele News - Latest News in Nigeria Today!
  • Home
    • About
  • National News
    • All
    • Tinubu Hails Nigerian Military After Swift Intervention Stops Coup Attempt in Benin Republic
    Court grants Malami, son N200m bail in terrorism financing case

    Court grants Malami, son N200m bail in terrorism financing case

    Ex-NBA president lauded for global legal ranking

    Ex-NBA president lauded for global legal ranking

    Ex-NIMASA DG urges FG to adopt business re-engineering policy to unlock growth, cut bottlenecks

    Ex-NIMASA DG urges FG to adopt business re-engineering policy to unlock growth, cut bottlenecks

    Power output drops to 4,300MW due to 57% gas supply – NISO

    Power output drops to 4,300MW due to 57% gas supply – NISO

    Tinubu approves three road projects in Niger as FG targets 306.5km reconstruction on key corridors

    Tinubu approves three road projects in Niger as FG targets 306.5km reconstruction on key corridors

    WHO tests “7-1-7 Strategy Game” to speed outbreak detection and response

    WHO tests “7-1-7 Strategy Game” to speed outbreak detection and response

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Niger Delta Desk
  • Explainers
    Why Amaechi Attended N’Assembly Protest With His Son — An Explainer

    Why Amaechi Attended N’Assembly Protest With His Son — An Explainer

    Why the APC Has Not Officially Welcomed Governor Siminalayi Fubara Yet.

    Why the APC Has Not Officially Welcomed Governor Siminalayi Fubara Yet.

    20 Kaduna Retirees Die as Pension Payment Delays Expose Deep Systemic Failures

    Ex-Pension Boss Abdulrasheed Maina Says EFCC Can Recover More Assets From Malami

    Ex-Pension Boss Abdulrasheed Maina Says EFCC Can Recover More Assets From Malami

    What Nigeria Can Learn From the GSS Coastal Security Approach

    What Nigeria Can Learn From the GSS Coastal Security Approach

    Tinted Glass Permit Policy Suspended After Court Order Halts Police Enforcement Nationwide

    Tinted Glass Permit Policy Suspended After Court Order Halts Police Enforcement Nationwide

  • Pocket Watch
  • Today in Nigeria
    TODAY IN NIGERIA 15

    TODAY IN NIGERIA 15

    TODAY IN NIGERIA: Key Stories Shaping the Country Right Now

    TODAY IN NIGERIA: Key Stories Shaping the Country Right Now

    TODAY IN NIGERIA 13: A clear snapshot of the stories shaping politics, security, economy, technology, and society today.

    TODAY IN NIGERIA 13: A clear snapshot of the stories shaping politics, security, economy, technology, and society today.

    Today in Nigeria 12: Key Developments Shaping Politics, Security, Economy, and Society

    Today in Nigeria 12: Key Developments Shaping Politics, Security, Economy, and Society

    TODAY IN NIGERIA 11: COURTS, CRASHES, CAMPUSES, AND A COUNTRY UNDER PRESSURE.

    TODAY IN NIGERIA 11: COURTS, CRASHES, CAMPUSES, AND A COUNTRY UNDER PRESSURE.

    TODAY IN NIGERIA

    TODAY IN NIGERIA

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • More..
    • Health & Living
    • Opportunities
    • Sports
  • Contact
No Result
View All Result
  • Home
    • About
  • National News
    • All
    • Tinubu Hails Nigerian Military After Swift Intervention Stops Coup Attempt in Benin Republic
    Court grants Malami, son N200m bail in terrorism financing case

    Court grants Malami, son N200m bail in terrorism financing case

    Ex-NBA president lauded for global legal ranking

    Ex-NBA president lauded for global legal ranking

    Ex-NIMASA DG urges FG to adopt business re-engineering policy to unlock growth, cut bottlenecks

    Ex-NIMASA DG urges FG to adopt business re-engineering policy to unlock growth, cut bottlenecks

    Power output drops to 4,300MW due to 57% gas supply – NISO

    Power output drops to 4,300MW due to 57% gas supply – NISO

    Tinubu approves three road projects in Niger as FG targets 306.5km reconstruction on key corridors

    Tinubu approves three road projects in Niger as FG targets 306.5km reconstruction on key corridors

    WHO tests “7-1-7 Strategy Game” to speed outbreak detection and response

    WHO tests “7-1-7 Strategy Game” to speed outbreak detection and response

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Niger Delta Desk
  • Explainers
    Why Amaechi Attended N’Assembly Protest With His Son — An Explainer

    Why Amaechi Attended N’Assembly Protest With His Son — An Explainer

    Why the APC Has Not Officially Welcomed Governor Siminalayi Fubara Yet.

    Why the APC Has Not Officially Welcomed Governor Siminalayi Fubara Yet.

    20 Kaduna Retirees Die as Pension Payment Delays Expose Deep Systemic Failures

    Ex-Pension Boss Abdulrasheed Maina Says EFCC Can Recover More Assets From Malami

    Ex-Pension Boss Abdulrasheed Maina Says EFCC Can Recover More Assets From Malami

    What Nigeria Can Learn From the GSS Coastal Security Approach

    What Nigeria Can Learn From the GSS Coastal Security Approach

    Tinted Glass Permit Policy Suspended After Court Order Halts Police Enforcement Nationwide

    Tinted Glass Permit Policy Suspended After Court Order Halts Police Enforcement Nationwide

  • Pocket Watch
  • Today in Nigeria
    TODAY IN NIGERIA 15

    TODAY IN NIGERIA 15

    TODAY IN NIGERIA: Key Stories Shaping the Country Right Now

    TODAY IN NIGERIA: Key Stories Shaping the Country Right Now

    TODAY IN NIGERIA 13: A clear snapshot of the stories shaping politics, security, economy, technology, and society today.

    TODAY IN NIGERIA 13: A clear snapshot of the stories shaping politics, security, economy, technology, and society today.

    Today in Nigeria 12: Key Developments Shaping Politics, Security, Economy, and Society

    Today in Nigeria 12: Key Developments Shaping Politics, Security, Economy, and Society

    TODAY IN NIGERIA 11: COURTS, CRASHES, CAMPUSES, AND A COUNTRY UNDER PRESSURE.

    TODAY IN NIGERIA 11: COURTS, CRASHES, CAMPUSES, AND A COUNTRY UNDER PRESSURE.

    TODAY IN NIGERIA

    TODAY IN NIGERIA

    Trending Tags

    • Golden Globes
    • Game of Thrones
    • MotoGP 2017
    • eSports
    • Fashion Week
  • More..
    • Health & Living
    • Opportunities
    • Sports
  • Contact
No Result
View All Result
ogele news logo
No Result
View All Result
  • Home
  • National News
  • Niger Delta Desk
  • Explainers
  • Pocket Watch
  • Today in Nigeria
  • More..
  • Contact
Home National News

Court Oders Tinubu Govt. To Disclose How Past Administrations Spent $5b Abacha Loot

ogelenews by ogelenews
July 10, 2023
in National News
0
Court Oders Tinubu Govt. To Disclose How Past Administrations Spent $5b Abacha Loot
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

In a recent judgment delivered on July 3, a Federal High Court in Abuja has ruled that the Nigerian government must reveal how the $5 billion Abacha loot was utilized. The court directed President Bola Tinubu’s administration to disclose the exact amount stolen by General Sani Abacha from Nigeria, the total sum of recovered Abacha loot, and all agreements pertaining to the matter signed by former presidents Obasanjo, Yar’Adua, Jonathan, and Buhari.

The suit, numbered FHC/ABJ/CS/407/2020, was filed by the Socio-Economic Rights and Accountability Project (SERAP) against the Minister of Finance and the Attorney General of the Federation and Minister of Justice. Presiding over the case, Judge James Kolawole Omotosho ordered the government, through the Ministry of Finance, to provide SERAP with comprehensive spending details of the approximately $5 billion Abacha loot within seven days of the judgment. Additionally, the government was mandated to disclose information about the projects executed using the recovered funds.

Judge Omotosho also instructed the government to reveal specific roles played by the World Bank and other partners in the implementation of projects funded by the Abacha loot under the administrations of former presidents Obasanjo, Yar’Adua, Jonathan, and Buhari.

The judge dismissed the former Minister of Finance, Ahmed Zainab’s excuse for not furnishing SERAP with the requested details under the Freedom of Information (FOI) Act. Omotosho stated that the ministry’s claim of not possessing information about the exact amount of public funds stolen by Abacha and how they were spent was untenable according to Section 7 of the FOI Act.

See also  Tinubu approves three road projects in Niger as FG targets 306.5km reconstruction on key corridors

SERAP had approached the court after the former finance minister’s explanation, seeking to compel the government to provide the information. The judgment highlighted that the failure of the Minister of Finance to inform SERAP about the information’s existence or transfer the request to a relevant public office was detrimental to their case under Section 5 of the FOI Act.

The court ruled that the government’s statement that it was not in possession of the records related to the $5 billion Abacha loot sought by SERAP could not be accepted. The government failed to provide details about the projects funded by the money, including their locations and the names of the companies and contractors involved.

The Federal Government, represented by Abah Sunday, a Litigation Officer in the office of the Attorney General of the Federation, argued in a counter affidavit that SERAP’s suit was frivolous. The government contended that SERAP did not demonstrate that it had been denied the requested information and lacked sufficient interest in its application. It urged the court to dismiss the suit.

Disagreeing with the government’s position, the judge emphasized that citizens have the right to query transparency and accountability in governance, as they are the owners of sovereignty and the mandates that put leaders in power. The judge underscored that Section 1(2) of the FOI Act grants individuals the right to access information from any public institution in Nigeria. Since SERAP is a registered organization in Nigeria, it is entitled to the spending details of the approximately $5 billion Abacha loot without needing to demonstrate a special interest in the information sought.

See also  NDLEA Intercepts Brazilian Lady With ₦3bn Heroin at Abuja Airport, Exposes Major International Drug Route.

This ruling aims to ensure transparency and hold the Nigerian government accountable for the utilization of recovered Abacha loot, shedding light on the projects funded by these funds and the involvement of external partners in their implementation.

Post Views: 1,081
Tags: Abacha
Previous Post

JUST IN: President Tinubu Emerges New ECOWAS

Next Post

We Will Not Tolerate Coups In West Africa, Tinubu Says After Emerging New ECOWAS Chairman

Next Post
May 29 Presidential Inauguration Sacrosanct – FG

We Will Not Tolerate Coups In West Africa, Tinubu Says After Emerging New ECOWAS Chairman

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • Trending
  • Comments
  • Latest
SHC Ajube’s Akaranpu Prayer Ministry Holds Intercessory Prayers for Nigeria, Ondo’s Peace and Development

SHC Ajube’s Akaranpu Prayer Ministry Holds Intercessory Prayers for Nigeria, Ondo’s Peace and Development

December 13, 2023
BREAKING: SHC AJUBE’S Akaranpu Prayer Ministry Offers Prayer For Ondo Acting Governor

BREAKING: SHC AJUBE’S Akaranpu Prayer Ministry Offers Prayer For Ondo Acting Governor

December 17, 2023
BREAKING: Lucky Aiyedatiwa Sworn In As Ondo Governor

BREAKING: Lucky Aiyedatiwa Sworn In As Ondo Governor

December 27, 2023
SHC Bibopere Ajube Holds Annual Interdenominational Revival Service

SHC Bibopere Ajube Holds Annual Interdenominational Revival Service

December 12, 2023
BBC To Air Documentary On Alleged Sexual Abuse, Fake Miracles, Other Atrocities Committed By TB Joshua

BBC To Air Documentary On Alleged Sexual Abuse, Fake Miracles, Other Atrocities Committed By TB Joshua

2
Top 10 Most Valuable Nigerian Football Players

Top 10 Most Valuable Nigerian Football Players

1
oyo state

Oyo State: A Blend of History, Culture, and Progress

1
SHC Ajube’s Akaranpu Prayer Ministry Holds Intercessory Prayers for Nigeria, Ondo’s Peace and Development

SHC Ajube’s Akaranpu Prayer Ministry Holds Intercessory Prayers for Nigeria, Ondo’s Peace and Development

1
Court grants Malami, son N200m bail in terrorism financing case

Court grants Malami, son N200m bail in terrorism financing case

February 27, 2026
Ex-NBA president lauded for global legal ranking

Ex-NBA president lauded for global legal ranking

February 27, 2026
Ex-NIMASA DG urges FG to adopt business re-engineering policy to unlock growth, cut bottlenecks

Ex-NIMASA DG urges FG to adopt business re-engineering policy to unlock growth, cut bottlenecks

February 27, 2026
Power output drops to 4,300MW due to 57% gas supply – NISO

Power output drops to 4,300MW due to 57% gas supply – NISO

February 27, 2026
OGELE TV

OGELE NEWS TWITTER

Recent News

Court grants Malami, son N200m bail in terrorism financing case

Court grants Malami, son N200m bail in terrorism financing case

February 27, 2026
Ex-NBA president lauded for global legal ranking

Ex-NBA president lauded for global legal ranking

February 27, 2026
Ex-NIMASA DG urges FG to adopt business re-engineering policy to unlock growth, cut bottlenecks

Ex-NIMASA DG urges FG to adopt business re-engineering policy to unlock growth, cut bottlenecks

February 27, 2026
Power output drops to 4,300MW due to 57% gas supply – NISO

Power output drops to 4,300MW due to 57% gas supply – NISO

February 27, 2026
ogelenews-logo

Welcome to Ogele News Nigeria! We are committed to providing you with the most accurate and up-to-date news from Nigeria.

Ogele News Nigeria is a dedicated digital news platform that aims to bring you the latest, accurate, and comprehensive news from the heart of Nigeria. We believe in the power of information and its role in shaping the nation's present and future.

Follow Us

Browse by Category

  • Explainers
  • Health & Living
  • National News
  • News Now
  • Niger Delta Desk
  • Pocket Watch
  • Sports
  • Tinubu Hails Nigerian Military After Swift Intervention Stops Coup Attempt in Benin Republic
  • Today in Nigeria

Recent News

Court grants Malami, son N200m bail in terrorism financing case

Court grants Malami, son N200m bail in terrorism financing case

February 27, 2026
Ex-NBA president lauded for global legal ranking

Ex-NBA president lauded for global legal ranking

February 27, 2026
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 Ogele News - All rights reserved. Latest News in Nigeria.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
    • About
  • National News
  • Niger Delta Desk
  • Explainers
  • Pocket Watch
  • Today in Nigeria
  • More..
    • Health & Living
    • Opportunities
    • Sports
  • Contact

© 2023 Ogele News - All rights reserved. Latest News in Nigeria.