President Buhari orders EFCC to return 10 billion naira looted from NBC

President Muhammadu Buhari ordered the Economic and Financial Crimes Commission, to return the N10 billion looted from the National Broadcasting Commission.

This is according to the Director-General of the Commission, Mr. Modibo Kawu, Vanguard reports. The DG said this at a press briefing for the forthcoming International Conference for African Broadcasters, AFRICAST.

The recovered fund is from the sales of spectrum made by the past NBC administration.

“President Muhammadu Buhari has graciously approved that the N10 billion be returned to NBC so that we can use it for digital transmission process. The money will be used as part of what we have being doing so far,” he says.

Source: Vanguard

Leave a Reply

Your email address will not be published.