Tag Archives: N80bn

The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has threatened to disconnect banks in the country from the Unstructured Supplementary Service Data (USSD) over rising debt.   Members of ALTON include MTN Nigeria, Airtel, Glo and 9Mobile, and other telecoms operators. Some banks and the Telecom operators disagreed last …

Zainab Ahmed, the minister of finance, budget and national planning has suspended Ahmed Idris, the accountant general of the federation indefinitely.    In a letter dated May 18, 2022 and issued two days after his arrest by the Economic and Financial Crimes Commission (EFCC) over an alleged N80 billion fraud, Ahmed said the suspension “without pay” …

The EFCC said the funds were laundered through real estate investments in Kano and Abuja. The Economic and Financial Crimes Commission (EFCC) has arrested the serving Accountant General of the Federation, Mr. Ahmed Idris over alleged diversion of funds and money laundering activities to the tune of N80bn.