- The Economic and Financial Crimes Commission EFCC, has arrested the co-chairman of local oil firm Atlantic Energy to question him over corruption and money laundering charges, an official at the Economic and Financial Crimes Commission said on Tuesday.
- The official, who asked not to be named, said prominent businessman Jide Omokore was being investigated in connection with a crackdown on corruption in the oil sector that has swept up former oil minister Diezani Alison-Madueke, who was arrested last week in London.
- Alison-Madueke was minister from 2010 until May 2015 under former president Goodluck Jonathan, who was defeated by Muhammadu Buhari at the polls in March.
- Buhari took office in May promising to root out corruption in Africa’s most populous country, where few benefit from the OPEC member’s enormous energy resources.
- Former Central Bank Governor Lamido Sanusi was removed during Alison-Madueke’s tenure after he raised concerns that tens of billions of dollars in oil revenues had not been remitted to state coffers by the government-run oil company NNPC between January 2012 and July 2013.