FG Recovers $85m From UK On Malabu Oil Deal

FG Recovers $85m From UK On Malabu Oil Deal
File photo: Abubakar Malami

The Federal Government says it has recovered $85million from the United Kingdom as part of the stolen funds from the Malabu Oil deal.

The Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami, disclosed this on Thursday during a consultative meeting on assets recovery in Abuja.

Malami, however, decried the non-compliance attitude of some countries that are still holding on to stolen assets.

“I am also pleased to announce that Nigeria has recovered the sum of $85m on the Malabu fund from the UK.

“Therefore, I wish to use this forum to reiterate the need for the international community to ensure implementation of mergers considered and adopted at the London Anti-Corruption Summit in May 2016,” he said while soliciting the cooperation of the international community in the fight against corruption.

The Justice Minister also lamented the attitude of some countries perceived not to be giving Nigeria the needed support.

He added, “It is fortunate to state at this point that recovery and repatriation of our stolen wealth searched approach continues to be very tedious in spite of several bi-lateral and multi-lateral agreements entered into between Nigeria and other jurisdictions.

“Even when the provisions of the United Nations Convention against corruption obliged states parties to facilitate the return of stolen assets to victim states, countries including Nigeria are still dealing with some challenges.

“My office has also put in place necessary machinery to hold bilateral talks with countries of interest during the Global Forum on Asset Recovery. These countries include United Kingdom, United States of America, Canada, Switzerland, South Africa, Panama, United Arab Emirates, Northern Ireland, Gambia among others.

The AG however reiterated the resolve of the government to recover more funds, having signed several treaties to facilitate the return of stolen assets.


Governor Bello Joins Nigerians To Welcome President Buhari

Niger State, Abubakar Bello,The Niger State Governor, Abubakar Bello said the successful return of President Muhammadu Buhari from medical vacation has shocked mischief makers and death wishers.

The Governor expressed gratitude to God Almighty for answering the collective prayers of all Nigerians by returning the President back home in good health.

Bello said that the President’s return on Friday has laid to rest various concern and speculations surrounding his health condition, assuring that he would continue to lead the country.

While commending religious bodies and political organizations for their prayers, outpouring love and solidarity during the President’s medical trip to London, Governor Bello urged all Nigerians to always be positive and pray for their leaders.

“Positive thoughts and prayers are a fundamental instrument necessary to overcome challenges facing the nation, I am particularly excited at the level of solidarity shown to the President by Nigerians” the governor said.

He prayed that Allah will continue to grant Mr. President sound health, greater strength, wisdom and courage to continue with the good governance of this country.

Young Nigerian Golfer Makes History, Listed For LPGA Qualifiers In Bahamas

georgia-oboh-nigerian-golferNigeria-born golf sensation, 15-year-old Georgia Oboh, has inscribed her name in the history books, as the youngest, first African female golfer ever to be invited to compete either as an amateur or professional in the Ladies Professional Golfers Association of America (LPGA) tournament.

The teenage prodigy has been listed among the golfers that will compete in the qualifying round for the 2017 LPGA first tournament of the Year – the Pure Silk Bahamas Classic.

According to the organisers of the championship, Global Golf Management, Oboh’s invitation, as one of the two amateur golfers expected to challenge for the two slots to the main event, was based on her impressive profile in the sport.

Emily Norell of Global Golf Management said: “The Tournament decides to award an exemption into the Monday qualifier to Georgia Oboh because after reviewing her biography and statistics she shows not only determination but a bright future in the game of golf.

“If Georgia keeps up her committed attitude and spirit, she definitely has the potential to earn a scholarship to play at the collegiate level. Georgia’s determination and willingness to work hard coupled with her persistent in following up and keeping the tournament updated on her scores. We always like to see young athletes who have the potential to accomplish great things”.

Oboh, who is also the 2015 U.S. Kids Golf Teen World champion and a student of golf academy in Manchester, United Kingdom (U.K.) will take part in the qualifiers on January 23, with 48 professionals and one amateur, while the main competition takes place on January 26 to 29 at the same venue.

Georgia Oboh’s qualification to the main event will help her to inscribe another record at the tournament.

Currently, Oboh is one of the most highly rated female golfers from Africa at 15 and she was the continent’s best player at the Junior Orange Bowl International Invitational in the US and also took part in the 2016 US Women’s Open qualifier in Florida, a professional tournament with 20 professional golfers in the field. In the Women’s Amateur Championship in June 2016, Oboh had scores of 78 and 72 and was placed 13 out of 105.

Georgia Oboh started playing golf at six with encouragement from her parents.

“My parents began playing golf when I was four years old; I started taking lessons when I was six. A few months later, I began competing at a local and regional level (in rain, wind or cold almost every weekend in the UK).

“Starting with the British Junior Golf tour at seven, I was given the handicap of 36. But it all really took off when I was named junior golfer of the year in 2008 by the BJGT and also that year I watched the British Ladies Open with my parents and got a ball from the then ladies number-one player Lorena Ochoa. I really got motivated that day to be the best player that I can be in the sport,” she said recently about her foray into golf.

On her dream, she said: “I would like to see myself on the LPGA Tour as an active member and to make history as the first African woman on tour and also the first Nigerian woman. Rising through the ranks, on my way to win majors and eventually hold the rank as the best female pro golfer.

“I pray that God will help me in this goal and also I hope to have great sponsors who can help. The travel and training expenses can be quite high so we are praying to get a great group of sponsors come to our aid”.

British High Commissioner Explains E.U, U.K Trade Relationship Post-Brexit

ArkwrightThe British High Commissioner to Nigeria, Paul Arkwright insists the United Kingdom is not pulling out of the European Union yet until certain negotiations are done.

Although he says Brexit will kick off by the end of March 2017, which the new Prime Minister, Theresa May has announced.

He added that during the process of negotiations, the U.K will stay in the European Union and enjoy the benefits and also keep to the rules and regulations.

“It’s a complex and complicated series of negotiations which most people feel will continue for about two years.” He added.

Post Brexit

Speaking as a guest on Channels Television’s Sunrise Daily on Thursday, Mr. Arkwright further explained that the period chosen for the Brexit kick off is because the government has a lot of paper work to prepare due to the fact that the UK has been in the E.U for over a decade.

He added that the government is trying to have the right people in place, discuss internally at the political level, and the government of the UK is taking a very confident outlook after the exit.

“There is first the internal process which goes on when that is completed, which the Prime Minister has said will be by end of March 2017, then we start the negotiations with the European Union” he said.

Trade Relationships

Mr. Arkwright disclosed that the UK external trade relationship has been done through the EU as a member and the regional bloc has negotiated trade relationship with lots of countries in other economic regions areas for many years.

He said the government needs to collapse those relationships in order to build new ones to stand on their own, but the EU affects the lives and member states in the UK which he insists is a complicated negotiation.

Cracking Down On Immigration

On immigration reforms, he stated that Nigerians who have overstayed in the U.K in effect have broken the rules, but now have rights to legal remedy.

He promptly adds that those whose appeals are rejected will be returned to Nigeria.

He maintained that “Nothing has changed just stick to the rules”.

For the U.K passport holders, he said  they will need a separate Schengen visa to visit any of the E.U countries because the U.K is outside the Schengen.