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U.S. Repatriates $20.6M Abacha-linked Loot
U.S. Repatriates $20.6M Abacha-linked Loot
The United States (U.S.) Department of Justice (DoJ) announced today that it has repatriated more than $20.6 million worth of assets linked to former Head of State, the late Gen Sani Abacha and his associates.
The DoJ said in a statement yesterday that the transfer of funds “is in accordance with an August 23 agreement between the governments to repatriate assets the United States forfeited that were traceable to kleptocracy of the former Nigerian dictator.
“The forfeited assets represent corrupt monies laundered during and after the military regime of General Abacha, who became head of state in Nigeria through a military coup on Nov. 17, 1993.”
The transfer of funds ultimately stems from a 2014 judgement in the District of Columbia, ordering the forfeiture of approximately $500 million worth of assets linked to the former dictator.
“The complaint filed in this case alleges that Gen. Abacha, his son Mohammed Sani Abacha, their associate, and others embezzled, misappropriated and extorted billions of dollars from the government of Nigeria and others.”
The case was brought under the Kleptocracy Asset Recovery Initiative by prosecutors in the Criminal Division’s Money Laundering and Asset Recovery Section, in partnership with the FBI.
Under the agreement, the United States agreed to transfer 100 per cent of net forfeited assets to Nigeria for use in three critical infrastructure projects approved by President Muhammadu Buhari.
In 2020 the DoJ repatriated over $311.7 million in forfeited assets to Nigeria.
The latest transfer brings the total amount repatriated in the case to approximately $332.4 million.
U.S. Repatriates $20.6M Abacha-linked Loot
News
Troops Discover, Detonate Two Improvised Explosive Devices in Borno
Troops Discover, Detonate Two Improvised Explosive Devices in Borno
By: Zagazola Makama
Troops of the Nigerian Army have successfully discovered and detonated two improvised explosive devices (IEDs) along a major supply route in Damboa Local Government Area of Borno State.
Security sources said the devices were detected at about 10:45 a.m. on June 15 by troops of 19 Battalion (Mechanised) and 25 Brigade Garrison while conducting a routine patrol along the Maiduguri–Kumala–Damboa Main Supply Route (MSR).
The troops reportedly identified the explosives during the patrol and immediately took precautionary measures to secure the area.
The IEDs were subsequently detonated in a controlled operation, preventing any potential threat to military personnel and civilian road users.
No casualties or damage were recorded during the operation.
Military authorities said the successful detection and disposal of the explosives underscored ongoing efforts by security forces to keep critical routes safe and deny insurgents the ability to disrupt movement within the North-East.
The operation was completed without incident, and normal activities along the route resumed thereafter.
Troops Discover, Detonate Two Improvised Explosive Devices in Borno
News
AMF Celebrate the African Child: Building Foundations for Dreams, Learning, and Leadership
AMF Celebrate the African Child: Building Foundations for Dreams, Learning, and Leadership
By Comrade Philip Ikodor
The Ashlee Momoh Foundation today joined the global community to commemorate the International Day of the African Child, reaffirming its commitment to the safety, education, and empowerment of children across the continent.
In a statement issued to the media, the Founder and Lead, Princess Ashlee Omonegbo Momoh, said the Foundation stands firmly behind efforts to help every African child reach their full potential.

“While we celebrate the vibrancy, brilliance, and resilience of African children, we must also confront the systemic barriers that still limit their growth,” Princess Momoh stated.
Key Challenges Facing the African Child Today:
- Education Gaps: Millions lack access to quality education, digital literacy, and inclusive learning environments.
- Socio-Economic Barriers: Pervasive poverty drives child labor and denies many children basic healthcare, nutrition, and stable housing.
- Security and Instability: Armed conflict and community violence continue to threaten the safety, mental health, and future of children in vulnerable and military-affected communities.
AMF’s Call to Action:
To truly empower the African child, stakeholders must shift from short-term relief to sustainable, localized investment. The Foundation calls on governments, civil society, and private sector partners to collaborate in:
- Building safer, child-friendly communities
- Subsidizing healthcare and expanding access to quality education, including digital skills
- Creating inclusive learning spaces that protect children from conflict and displacement
“Every child deserves a secure foundation to dream, learn, and lead. At the Ashlee Momoh Foundation, we remain committed to building that foundation — together,” Princess Momoh added.
The Ashlee Momoh Foundation is a Nigeria-based nonprofit dedicated to advancing child welfare, education, and empowerment across Africa through sustainable programs, advocacy, and strategic partnerships.
AMF Celebrate the African Child: Building Foundations for Dreams, Learning, and Leadership
News
A New Dawn for Nigeria’s Power Sector: Minister Tegbe’s Brilliant Start
A New Dawn for Nigeria’s Power Sector: Minister Tegbe’s Brilliant Start
By: Lateef O. AREMU
Just few days into his tenure, Nigeria’s new Minister of Power, Engineer Joseph Olasunkanmi Tegbe, has already begun to illuminate the path towards a more stable and efficient electricity supply for the nation. Sworn into office on June 9, 2026, Minister Tegbe’s initial pronouncements and decisive actions reflect a profound understanding of the sector’s complexities, a testament to his distinguished professional background, intellectual brilliance and clear demonstration of the understanding of the task ahead. The minister unlike many before him did not over simplify the task at hand. He acknowledged the challenges and meticulous outlined the approaches towards finding solutions to the problem. He is not promising immediate miracle, but steady growth and measurable efforts towards achieving the set goals.

Minister Tegbe arrives at the helm of the Power Ministry with an impressive pedigree. A former Senior Partner and Head of Technology Advisory Services and Markets at KPMG Professional Services in Nigeria and across Africa, he has a proven track record of leading major reform initiatives, developing robust governance structures, and navigating intricate regulatory frameworks. His extensive experience in advisory services, coupled with his qualifications as a Fellow of the Institute of Chartered Accountants of Nigeria (FCA) and a Fellow of the Chartered Institute of Taxation of Nigeria (FCIT), positions him uniquely to tackle the multifaceted challenges plaguing Nigeria’s power sector.
In his inaugural engagements, Minister Tegbe wasted no time in outlining a clear vision. He pledged to strengthen collaboration, improve governance, and enhance accountabilityacross the entire electricity value chain. This emphasis on systemic improvements, rather than solely technical fixes, directly mirrors his background in advisory and governance. His insight that
many of the sector’s challenges are rooted in governance and coordination rather than purely technical issues is a direct reflection of his strategic thinking honed at KPMG, where he led advisory services focused on governance and regulatory frameworks.
One of his immediate and commendable actions was to rally Chief Executive Officers and Heads of Agencies and Parastatals under the Federal Ministry of Power. During this crucial meeting, Minister Tegbe underscored the necessity of a unified and coordinated approach among all stakeholders to achieve the administration’s goals for the Power Sector. This call for synergy, urging stakeholders to operate as “one team with one mandate” is a pragmatic approach to a sector historically plagued by siloed operations and a lack of cohesive strategy. His ability to quickly identify and address this fundamental organizational challenge speaks volumes about his leadership and analytical prowess.
Furthermore, Minister Tegbe has already demonstrated a commitment to tangible results. He commended the Transmission Company of Nigeria (TCN) for its prompt response to a recent feeder outage, which was resolved within the timeframe he directed. This swift restoration of supply, which he noted was reported directly to President Bola Ahmed Tinubu, highlights his dedication to urgency and service delivery, a quality that will undoubtedly instill confidence in both the public and sector operators.
Looking ahead, the Minister disclosed plans to introduce a performance-based incentive framework across the power sector to reward productivity, innovation, and excellence. This initiative is a clear demonstration of his understanding of motivational strategies and his commitment to fostering a culture of accountability and efficiency. This is the kind of principles often championed in top-tier consulting firms like KPMG. Such a framework is designed to drive continuous improvement and ensure that all stakeholders are aligned with the overarching objective of enhancing electricity supply.
In just a few short days, Engineer Joseph Olasunkanmi Tegbe has not only articulated a clear vision for Nigeria’s power sector but has also initiated concrete steps towards its realization. His blend of deep technical understanding, strategic leadership, and a commitment to good governance, all honed through years of high-level advisory work, positions him as a transformative figure.
As Joseph Olasunkanmi Tegbe assumes the role of Nigeria’s minister of power, Nigerians can look forward to a future where the brilliance of their Minister of Power translates into a consistently brighter and more reliable electricity supply.
With Joseph Olasunkanmi Tegbe at the helms of affairs in the power sector in Nigeria, Nigeria can rest asuured that “there is light at the end of the tunnel”
Lateef O. AREMU (Akano Gudugba)
S3 /706D
Odo-Ada Compound,
Oke-Eleta, Ibadan
08162994660
akanoola@gmail.com
A New Dawn for Nigeria’s Power Sector: Minister Tegbe’s Brilliant Start
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