{"id":351923,"date":"2025-01-10T12:06:45","date_gmt":"2025-01-10T11:06:45","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=351923"},"modified":"2025-01-10T12:06:45","modified_gmt":"2025-01-10T11:06:45","slug":"fg-to-receive-52-88m-linked-to-ex-minister-diezani","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2025\/01\/10\/fg-to-receive-52-88m-linked-to-ex-minister-diezani\/","title":{"rendered":"FG to receive $52.88m linked to ex-minister Diezani"},"content":{"rendered":"<ul>\n<li><strong>FG says $50 million of the funds will be directed through the World Bank to support rural electrification projects<\/strong><\/li>\n<li><strong><strong>While the remaining $2 million will go to the International Institute of Justice to enhance the justice system and strengthen anti-corruption efforts<\/strong><\/strong><br \/>\n<hr \/>\n<\/li>\n<\/ul>\n<p>The Federal Government of Nigeria is set to receive $52.88 million in recovered Galactica assets tied to former Minister of Petroleum, Diezani Alison-Madueke, from the United States.<\/p>\n<p>The Attorney-General of the Federation and Minister of Justice, Lateef Fagbemi, announced this recovery during the formal signing ceremony of the asset agreement between Nigeria and the U.S. in Abuja on Friday.<\/p>\n<p>Fagbemi revealed that $50 million of the funds will be directed through the World Bank to support rural electrification projects, while the remaining $2 million will go to the International Institute of Justice to enhance the justice system and strengthen anti-corruption efforts.<\/p>\n<p>\u201cThis marks a significant milestone in the collaboration between Nigeria and the United States to combat corruption and uphold the rule of law, <a href=\"https:\/\/www.withinnigeria.com\/news\/2024\/11\/09\/why-tinubu-ordered-release-of-minors-charged-with-treason-agf-fagbemi\/\" target=\"_blank\" rel=\"noopener\">Fagbemi<\/a> said, highlighting it as part of President Bola Tinubu\u2019s strategy to address corruption.<\/p>\n<p>Meanwhile, U.S. Ambassador to Nigeria, Richard Mills, urged the Ministry of Justice to ensure proper monitoring and effective utilization of the recovered funds to maximize their impact on Nigerians.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FG says $50 million of the funds will be directed through the World Bank to support rural electrification projects While the remaining $2 million will go to the International Institute of Justice to enhance the justice system and strengthen anti-corruption efforts The Federal Government of Nigeria is set to receive $52.88 million in recovered Galactica [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":224126,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":{"source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"2","single_blog_custom":"211693","parallax":"1","fullscreen":"1","layout":"right-sidebar","sidebar":"default-sidebar","second_sidebar":"default-sidebar","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"1","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"1","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"0","show_prev_next_post":"0","show_popup_post":"0","number_popup_post":"1","show_author_box":"0","show_post_related":"0","show_inline_post_related":"1"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored 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