Nation
We’ve Traced Forfeited Assets To 25 Locations In Nigeria, FG Confirms
The Federal Government, yesterday, said it has successfully traced forfeited assets that are currently situated in 25 different locations in the country.
It disclosed that the assets included landed properties, plants, machinery, motor vehicles, electronics, furniture and equipment, water vessels, jewelry, ornaments, as well as clothing materials.
The assets were recovered from alleged treasury looters and forfeited to the government on the order of courts.
The Solicitor-General of the Federation (SGF) and Permanent Secretary of the Federal Ministry of Justice, Dayo Apata, SAN, who made the disclosure while addressing newsmen in Abuja, yesterday, said the Inter-Ministerial Committee on the Disposal of Assets Forfeited, “is still updating the list of assets that have been finally forfeited to the Federal Government of Nigeria”.
Apata said the committee, which is under his chairmanship, has embarked on onsite verification/auditing of the forfeited assets to confirm their existence and to ascertain their current state.
He said the committee, which was inaugurated on November 9, 2020, is working assiduously to complete its assignment within the six months time frame that was handed to it through a presidential directive dated October 27, 2020.
The SGF said the Inter-Ministerial Committee would be guided by the Asset Tracing, Recovery and Management Regulations, 2019, Standard Operating Procedures (SOP), and its Terms of Reference (TOR).
“The regulations were made pursuant to extant laws of the relevant agencies with a view to ensuring transparency, accountability, and synergy in the management and sale of forfeited assets.
“The committee will also be guided by the Public Procurement Act, 2007, and all relevant extant rules and regulations.
“Since the inauguration, the committee has held several meetings and consultations and has worked assiduously to develop its work plan, templates, strategies, and modalities, in line with relevant laws and regulations, to aid it in the discharge of its mandate within the set time limit.
“The committee holds sacred the twin features of transparency and accountability paramount in the discharge of this monumental national assignment of disposing of assets forfeited to the government.
“It is worth restating that parts of the goals for which Mr. President gave the go-ahead for the setting-up of this committee, include the need to put an end to poor management and wastage of assets which prevents the government from realizing the full benefits of the forfeiture.
“The committee remains highly committed to ensuring a radical departure from the past by ensuring that government receives adequate value for forfeited assets and also to ensure that the assets are neither misappropriated nor mismanaged, but are dealt with for public good”, Apata added.
Nation
World Health Day: Rivers Govt Urges Regular Medical Check-Ups, Healthy Living
Nation
Rumuji Youth Leader Condemns Protest, Disowns Alleged Government Empowerment Claim
Nation
Haniel Jack Foundation Awards Five Rivers Indigenes Scholarship
The Ibanibo Haniel Jack Foundation has awarded scholarships to five Rivers State indigenes in different tertiary institutions.
The scholarship programme was announced on Easter Sunday by Rev. Dr. Samuel Wachukwu, who is also the presiding pastor of Redeemer Baptist Church, at No. 44/46 Lumumba Street, Mile Two Diobu, in Port Harcourt.
Speaking, the chairman of the occasion, Barrister Karibi George, advised the recipients to justify the scholarship by ensuring that they put in their best and finish at the expected time.
George reminded them that opportunity comes but once and they should take advantage of the opportunity that comes their way judiciously.
“Those of you who are beneficiaries of this scholarship should also remember to help others and the resurrection of our Lord Jesus Christ.
“I advise you to justify the opportunity given to you and make the man who gave you the scholarship, yourself, and your family proud,” Barrister George said.

He explained that the scholarship spans undergraduate and postgraduate levels in various high institutions in Nigeria. He thanks Sir Jack for the gesture.
The scholarship is to promote education in our society, most especially for Rivers indigenes, and equally assist those who cannot immediately afford tuition fees.
It will interest you to know that
The scholarship was borne out of God’s blessings, and this is a way to give back to the society. Besides, two of the beneficiaries are direct employees of the chairman of the foundation, sir.
Ibanibo Haniel Jack, who is also the chief executive officer (CEO) of White House Hotel, in Port Harcourt.
Chief Prezi Diffa, while presenting the awards, commended Sir Ibanibo Haniel Jack, who has deemed it necessary to give back to society.
Chief Diffa equally advised the beneficiaries to take their academics seriously and count themselves lucky.
“The man who has given you this scholarship wants to better your lives, so please put in every effort to ensure you finish the school with flying colors,” Chief Diffa said.
The beneficiaries are Isoboye Haniel Douglas, Naomi Douglas, Charles Batubo, Ajé Sokari, and
Dakoru Owen Amachree.
Tonye Orabere
-
Editorial11 hours agoDomesticate FG’s Exit Benefit Scheme
-
News11 hours agoDHQ Confirms Deaths Of Terrorists, Soldiers In Borno Attack
-
News7 hours agoRSU Unveils Five-Year Strategic Dev Plan …Calls For Collective Commitment To Institutional Excellence
-
Rivers10 hours ago
Dep Gov Seeks Collaboration, Transparency Between RIVCHPP, PHCMB
-
Nation8 hours ago
Rumuji Youth Leader Condemns Protest, Disowns Alleged Government Empowerment Claim
-
Featured10 hours agoFG Reaffirms Nigeria’s Stability As US Embassy Suspends Visa Appointments In Abuja Office
-
Nation8 hours agoHaniel Jack Foundation Awards Five Rivers Indigenes Scholarship
-
Business11 hours ago
NPF Disburses ?21.68m To Fallen Heros’ Families …Reinforce Welfare Commitment
