By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Thursday, May 7, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Hot NewsPolitics

We are working towards recovery of missing NIA $202 million – Magu

Uchenna Mbam
Last updated: March 1, 2018 10:07 am
By Uchenna Mbam
Share
3 Min Read
SHARE

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, on Wednesday told the House of Representatives panel investigating missing monies in Nigeria Intelligence Agency, NIA, that the outstanding of $202 million from the $289 million would soon be recovered.

Speaking at the investigative hearing by the House Committee on Public Safety and National Intelligence, Magu said the money would soon be recovered with the support of Nigerians.

It could be recalled that the sum of $43 million was recovered by the EFCC operatives from Ikoyi Apartment, Lagos State in 2017 following a tip-off from a whistle blower.

While giving update on the closed door session, Magu said: “As you can see, everybody is supporting us and we need the support of everybody to succeed.

“As far as this investigation is concerned, we are very much on course and very soon we shall recover it,” Magu told newsmen.

When asked about the challenges facing the Commission in the process of its investigation, Magu who is yet to be confirmed by the Senate over two years after his appointment, said: “No problem. Whether challenges or no challenges, we are unrelenting. You don’t expect the investigation to go on smoothly.”

Atiku jets out to Saudi Arabia amid ADC primary talks
Gubio: Borno’s Chief Builder? The task Ahead
Wike Nominates Fmr Works Commissioner, George Kelly For Governorship
Read Schedule Of Visits Of President Tinubu To Three Countries, As He Jets Out Today

Speaking further on the series of attempts to stall the process through Court injunctions, Magu said: “I said we are unrelenting. Everyday you wake up and face all manners of adversaries but what we need is the support of all Nigerians in the fight against corruption.”

On his part, chairman of the committee, Aminu Sani Jaji, confirmed that the $202 million is yet to be recovered.

Jaji said: “Even the acting Chairman of EFCC said the same that the issue of the $202 million or whatever remains unaccounted for. And I know he remains committed and resolute to see that they recover the $202 million or whatever, and as a Committee, we are going to do our best.

“As I said earlier, his appearance today is headway for us. By next week, the Committee will come up with all other outstanding information for the Committee to round up its investigation.

“As I said earlier, it’s an investigative motion and then we are trying to do justice to all the people involved. That is why we decided to invite the acting Chairman of EFCC and then the chairman was able to give us brief about what is going on.”

author avatar
Uchenna Mbam
Uchenna Mbam is a reliable full time Blogger on news media as Editor/Publisher.
See Full Bio
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
ByUchenna Mbam
Follow:
Uchenna Mbam is a reliable full time Blogger on news media as Editor/Publisher.
Previous Article US senators in bid to end support for Saudi in Yemen war
Next Article Governor Umahi sacks 1, suspends 3 over absenteeism, truancy
Search
– Advertisement –
Latest News
  • Atiku jets out to Saudi Arabia amid ADC primary talks May 7, 2026
  • Sharia police arrest seven over alleged wife-swapping in Bauchi May 7, 2026
  • The Oyo Dream: I Promise to End Suffering and Build a State Where No One Goes Hungry May 7, 2026
  • Police urges Nigerians to report officers operating without name tag May 6, 2026
  • Stop using ‘Dr’ title forthwith for Honorary Causa Degrees, FG announces the ban. May 6, 2026
  • Zulum Met Port Authority Boss to Scale Up Export for Borno May 6, 2026
  • Gubio: Borno’s Chief Builder? The task Ahead May 6, 2026
  • You’re yet to submit budget but busy running up and down for 2nd tenure, Wike blasts Fubara May 6, 2026
  • Extrajudicial killing: IGP transfers 1,332 officers from Delta Police Command May 6, 2026
  • 17 Reps members dump ADC for NDC days after Obi, Kwankwaso’s defections May 5, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

BornoPolitics

Zulum, Gubio Returns to a Mammoth Crowd in Maiduguri

May 1, 2026
BornoPolitics

Five Things to Know About Borno’s APC Consensus Candidate, Mustapha Gubio

May 1, 2026
NationalNigeria News

2027: The Weight of Choice for Nigeria’s Future  

April 30, 2026
BornoPolitics

After Zulum, Gubio Gets Another Endorsement

April 30, 2026
Breaking NewsHot News

BREAKING!!! Tinubu’s Govt Asks Court to Deregister ADC, Accord, Three Other Parties

April 30, 2026
Breaking NewsHot News

2027 : Jandor Dares Tinubu, Picks APC Lagos Governorship Form

April 30, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • Events
  • National Security
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • The Love of God
  • World News
  • Business
  • Crime and Investigation

9NEWS NIGERIA

  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?