EFCC discovers fresh $37.5m Diezani Lagos mansion

The EFCC's fresh breakthrough is said to be a 15-storey structure located at Banana Island that comprised 18 flats and six penthouses worth N11.75bn

- The edifice was alleged to have been bought between 2011 and 2012 from a developing company by a lawfirm traced to ex-oil minister Alison Diezani-Madueke

Diezani is alleged to have bought the edifice between 2011 and 2012

The Economic and Financial Crimes Commission (EFCC) has announced the discovery of a porperty in Lagos worth a whopping $37.5million totalling N11.75bn which allegedly belongs to former oil minister Alison Diezani-Madueke.

READ ALSO: Presidency staff put on standby for Buhari’s return

Vanguard reports that the money which was said to allegedly belong to Diezani follows the announcement of acting chairman of the anti-corruption body Ibrahim Magu on Thursday, February 9 that 9.75 million dollars and 750,000 pounds were recovered from a residence in Kaduna state.

The EFCC said Diezani reportedly bought the building in Lagos’ top class location Banana Island between 2011 and 2012 at a total cost of $37.5m from the YF Construction Development and Real Estate.

The commission said: “The aggressive drive by the EFCC to recover all hidden assets of former Minister of Petroleum Resources, Diezani Alison-Madueke, who is under investigation for corruption and money laundering, produced another breakthrough this week with the discovery of a property acquired through shell companies by the former minister at upscale Banana Island in Lagos.

“The property is a 15-storey edifice comprising 18 flats and six penthouses.

“The property was acquired by the former minister between 2011 and 2012 at a total cost of $37.5m from the developers, YF Construction Development and Real Estate. The property was allegedly acquired in the name of a shell company, Rusimpex Limited under the control of certain Mr. Afamefuna Nwokedi of Stillwaters law firm, in Lagos.”

South-West governors to meet in Ekiti on Monday to tackle development challenges

Idowu Adelusi, the chief press secretary to the Ekiti state governor, in a statement on Thursday, February 9, said the ‎meeting would be in furtherance of the resolve of the governors of the six states of the South-West to meet on a regular basis to continue to pursue a unified frame-work for tackling the development challenges of the region.

The meeting is expected to take some critical decisions in respect of the mission of the development agenda for Western Nigeria, for which all the state governments have declared their commitment.

Governors from the following states are to attend the meeting, namely Ekiti, Osun, Ondo, Oyo, Ogun and Lagos.

Last year, the South west governors were engaged in an economic forum to discuss the issue of finance especially how it affects the region especially in the economically challenging period.

The economic forum was held in Ibadan, Oyo state on Monday, November 21 and was hosted by Governor Abiola Ajimobi.

In attendance were Governor Akinwunmi Ambode of Lagos, Governor Rauf Aregbesola of Osun and Governor Ayodele Fayose of Ekiti.

Will Buhari’s death bring solution to Nigeria’s problems?

The rate at which our people are moving from mountain to campgrounds in prayer; wishing their President Muhammadu Buhari urgent death is very shocking and disappointing. Truly, the president is very sick and he's receiving treatments abroad. But, the question that has been troubling my mind is that, when one's relative is not feeling too well, do we pray he dies, irrespective of any reason whatsoever?