• Contact Us
  • About Us
Sunday, August 23, 2026
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Ikoyi flat $43 million scandal culprits will be sanctioned — Buhari

metro by metro
December 19, 2017
in News
0
0
SHARES
0
VIEWS
dollars
dollars

President Muhammadu Buhari Tuesday in Abuja said all those found culpable in the Osborne Towers scandal will be made to account and appropriately sanctioned.

Receiving a report of the panel established to review the operational, technical and administrative structure of the National Intelligence Agency (NIA), President Buhari described the discovery of monies in the flat at Osborne Towers, Ikoyi, Lagos, in April this year, as an ‘‘unfortunate incident which rightly aroused public interest and outcry.’’

Read Also

Democratic California State Legislator Wahab Wins US House Of Representatives Seat

Bessent Says US To Impose ‘Toughest’ Ever Sanctions On Iran, Urges China To Cooperate

At least 50 killed, Mostly Children, As Overloaded Boat Capsizes In Sokoto, Nigeria’s Northwest

‘‘All the circumstances surrounding the obtaining, keeping custody and disbursement of the funds have been examined by the Vice President’s Committee and all those found to be culpable will be made to account and appropriately sanctioned.

‘‘However, it must be understood that this cannot be done in a manner that jeopardises national security or exposes the operations of any intelligence Agency, which must, by nature be conducted in secrecy.

‘‘Suffice it for me to assure all that justice will be done consistent with our anti-corruption policies,’’ the president said.

President Buhari, while commending the Presidential Review Panel on NIA led by Babagana Kingibe, former Minister of Foreign Affairs, for completing it assignment expeditiously, expressed the hope that the recommendations of the panel and that of an earlier Committee headed by the Vice President to look into the Osborne matter will assist Government in improving the operations of the NIA and the overall National Security architecture.

‘‘Your Panel’s recommendation, informed as they are by your collective experience and expertise in this field, should in particular help to reposition the NIA to better perform its vital functions with greater professionalism.

‘‘The Osborne Tower incident and its aftermath has also brought to the fore the need to review the entire National Security Architecture, which has now been in operation as established 31 years ago.

‘‘Once again, I thank you very much for undertaking this national assignment, ’’ he said.

Vice President Yemi Osinbajo was present at the presentation of the report by the panel which has Albert Horsfall, Zakari Ibrahim and Ezekiel Oladeji, as members.

Tags: BuhariNIA
Previous Post

2018 budget: AUPCTRE kicks against proposed sale of national assets

Next Post

Senate challenges Adeosun on passage of 2018 budget

Related Posts

UK Finance Minister Says Govt To Cut Cost By 15%
News

Democratic California State Legislator Wahab Wins US House Of Representatives Seat

August 21, 2026
US Excludes Nigeria, 17 Other Countries From 2025 Visa Lottery Scheme
News

Bessent Says US To Impose ‘Toughest’ Ever Sanctions On Iran, Urges China To Cooperate

August 21, 2026
At least 50 killed, Mostly Children, As Overloaded Boat Capsizes In Sokoto, Nigeria’s Northwest
News

At least 50 killed, Mostly Children, As Overloaded Boat Capsizes In Sokoto, Nigeria’s Northwest

August 21, 2026
Nigerians More Vulnerable Now Than When You Came, Kukah Tells Buhari  
News

2027: Ordinary Nigerians Need To See Measurable Improvement In Their Lives-Kukah

August 18, 2026
Next Post
Kemi Adeosun

Senate challenges Adeosun on passage of 2018 budget

Rwanda Highlights Potential for Migration to Drive Jobs, Skills and Regional Growth: IOM Chief

August 21, 2026
UK Finance Minister Says Govt To Cut Cost By 15%

Democratic California State Legislator Wahab Wins US House Of Representatives Seat

August 21, 2026
FG considers foreign exchange reforms as dollar shortages bite

Dollar Wobbles As Investors Balk At US Treasury’s Rescue Efforts

August 21, 2026
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

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
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version