Monday, June 5, 2023
  • HOME
  • MARKETS & COMPANIES
  • BUSINESS & ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • ROAD TRANSPORT
    • SMEs
    • STARTUPS
    • TECH
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • FEATURES
  • AE MAGAZINE
  • CORPORATE RENDEZVOUS
Financial Street
No Result
View All Result
  • Setup menu at Appearance » Menus and assign menu to Main Navigation
Financial Street
No Result
View All Result

Why we’re auctioning recovered vessels, others – FGN

Anozie Egole by Anozie Egole
February 3, 2021
in BUSINESS & ECONOMY, Maritime
0
Why we’re auctioning recovered vessels, others
0
SHARES
30
VIEWS
Share on FacebookShare on TwitterShare on LinkedInShare on WhatsApp

Nigeria’s Solicitor-General and Permanent Secretary, Ministry of Justice, Mr Dayo Apata, has explained that government’s decision to sell recovered vessels, vehicles, plants and others is in line with the presidential mandate.

In a statement on Wednesday, Apata called on interested individuals to file their submissions to acquire any of the items recovered from Nigerians facing corruption charges.

READ ALSO

African women need policies, tech to foster digital innovation, say experts

Impact of fintech on Nigerian economy

In November 2020, a committee to oversee the auctioning of the seized items was inaugurated by the Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami (SAN), as directed by President Muhammadu Buhari.

Read Also:

  • Obiano celebrates children, urges parents to prioritise education
    Obiano celebrates children, urges parents to prioritise…

During the inauguration, Malami said, “It is aimed at ensuring proper coordination of the disposal of the Federal Government’s assets and promoting a uniform, harmonised and transparent procedure to safeguard the assets recovered by the relevant agencies in line with the anti-corruption drive of this administration.

“Your mandate is to ensure the expedient disposal of all Federal Government of Nigeria-forfeited assets and generate revenue for the government.

“Accordingly, I wish to solicit the cooperation of all members of the Inter-Ministerial Committee in that respect.”

The recovered assets, which included ships, boats, vehicles, plants and machinery, were recovered from Nigerians on trial for corruption.

Tags: AuctioningFGNVessels

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Anozie Egole

Anozie Egole

Anozie Egole is a Transport correspondent. He reports Maritime, Aviation and Rail/Road Transport for Financial Street.

Related Posts

Africa
Tech

African women need policies, tech to foster digital innovation, say experts

March 8, 2023
fintech
BUSINESS & ECONOMY

Impact of fintech on Nigerian economy

February 20, 2023
Plexus Greensage HR meeting
Front Page

Experts canvass elimination of entitlement syndrome in workplaces

January 31, 2023
Afrinvest West Africa
BUSINESS & ECONOMY

Afrinvest highlights investment outlook, opportunity for 2023

December 8, 2022
Nigeria Insurance
Front Page

Lowering life’s risks through insurance

December 5, 2022
business technology
BUSINESS & ECONOMY

IT and going concerns

November 30, 2022
Next Post
stock and covid

Bears hold sway as investors lose N22.9bn


Naira4Dollar Rates
ADVERTISEMENT

RECENT STORIES

Obiano celebrates children, urges parents to prioritise education

Obiano celebrates children, urges parents to prioritise education

May 31, 2023
May 25: Why Politics Matters for Africa’s Development

May 25: Why Politics Matters for Africa’s Development

May 26, 2023
celebrates

Technocracy: Roadmap to successful Nigerian economy

May 19, 2023
failure

Governance failure kills basic services, says Ezekwesili

April 28, 2023
foreign

Eminent Nigerians, foreigners to honour Ezekwesili at birthday symposium

April 26, 2023
Ezekwesili

Oby Ezekwesili: The joys of sacrifice

April 25, 2023
Muslim

Obiano felicitates with Muslims, urges unity among Nigerians

April 21, 2023

TRENDING

  • naira devaluation

    What naira devaluation means for Nigeria’s economy

    0 shares
    Share 0 Tweet 0
  • Impact of fintech on Nigerian economy

    0 shares
    Share 0 Tweet 0
  • Why Nigerian consumers prefer foreign goods

    0 shares
    Share 0 Tweet 0
  • Why big and small businesses are turning to digital marketing

    5 shares
    Share 5 Tweet 0
  • NGOs: Encouraging vocational training beyond formal education

    4 shares
    Share 4 Tweet 0
Financial Street

© Financial Street 2021. All Rights Reserved.

More Links

  • Privacy Policy
  • Terms of Use
  • Contact Us

Follow Us

No Result
View All Result
  • HOME
  • MARKETS & COMPANIES
  • BUSINESS & ECONOMY
    • AGRO-ECONOMY
    • AVIATION
    • BRANDS
    • CONSUMER GOODS
    • ECONOMY
    • ENERGY
    • ENVIRONMENT
    • FINANCIAL INCLUSION
    • INSURANCE & PENSIONS
    • INVESTMENT
    • MANUFACTURING
    • MARITIME
    • MONEY
    • MSMEs
    • PRODUCT REVIEW
    • ROAD TRANSPORT
    • SMEs
    • STARTUPS
    • TECH
  • INNOVATION
  • EMPIRE
  • OPINION
  • CULTURAL CURRENTS
  • FEATURES
  • AE MAGAZINE
  • CORPORATE RENDEZVOUS