• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Business News Politics

Presidency dismisses allegation of Osinbajo receiving N4 billion from recovered loots

William Ukpe by William Ukpe
July 9, 2020
in Politics
FG to buy only locally assembled vehicles for its use, NEC sets up committee to address unemployment and improve national security, PEBEC, Twitter deactivate Yemi Osinbajo's Twitter account, How Nigeria's LPG sector can create 2 million jobs -Osinbajo, budget support, NEC okays $250 million investment in NSIA , MSMEClinic gets 200,000 capacity yam storage facility in Benue, Accusations of Yemi Osinbajo receiving N4 Billion from recovered loots are baseless- Presidency, FG rolls out N2.3 trillion survival funds for MSMEs; see criteria , Presidential Enabling Business Environment Council (PEBEC) reforms to boost investments – Osinbajo, Public-Private Partnership infrastructure model a result of successful tax credit initiative - Vice President

Vice President Yemi Osinbajo

Share on FacebookShare on TwitterShare on Linkedin

The office of the Vice President has reacted to a series of tweets accusing Professor Yemi Osinbajo of instructing the embattled acting Chairman of the EFCC, Ibrahim Magu, to release the sum of N4 billion out of N39 billion that was recovered from alleged looters. 

These allegations have been described as “false and baseless”. 

READ ALSO: UPDATE: President Buhari appoints Prof. Gambari as new Chief of Staff

RelatedStories

AfDB, AI

AfDB ready to disburse $618 million to Nigeria for digital and creative enterprises 

November 13, 2023
Godwin Emefiele

Osinbajo’s aide accuses Emefiele of corruption, causing colossal damages, faces backlash from Nigerians 

June 11, 2023

A statement that was signed by the Senior Special Assistant to the Vice President on Media and Publicity, Laolu Akande, said, “with all emphasis at our disposal, let it be firmly stated that these are totally false and baseless fabrications purposing to reflect goings-on at the probe panel investigating Mr Ibrahim Magu”. 

Ibrahim Magu was relieved of his duties this week, after a probe was conducted on his activities as Acting Chairman of the nation’s anti-graft agency. He has since been replaced with Mohammed Umar. 

READ MORE: Just In: DSS invites EFCC’s Acting Chairman, Ibrahim Magu for questioning)

Meanwhile, the statement by the Presidency also complained about the recent rise in people being paid to “peddle blatant falsehoods” against the Vice President and says Mr Osinbajo “will not be distracted by these obvious campaigns of lies and calumny”. 

The statement added that the online publications “being criminally defamatory in nature”  have been referred to law enforcement agencies for investigation. 

Explore economic research data from Nairametrics on Nairalytics

OFFICE OF THE VICE PRESIDENT

PRESS STATEMENT

VP @ProfOsinbajo WILL NOT BE DISTRACTED BY CAMPAIGNS OF LIES & CALUMNY pic.twitter.com/HjdGzEJVpI

— Presidency Nigeria (@NGRPresident) July 8, 2020

 

 


Follow us for Breaking News and Market Intelligence.
Tags: Ibrahim MaguLaolu AkandeMohammed UmarYemi Osinbajo
William Ukpe

William Ukpe

For further inquiries about this article contact: Email: william.ukpe@nairametrics.com or outreach@nairametrics.com. Twitter: @_sirwilliam_ @nairametrics.

Related Posts

AfDB, AI
Business News

AfDB ready to disburse $618 million to Nigeria for digital and creative enterprises 

November 13, 2023
Godwin Emefiele
Business News

Osinbajo’s aide accuses Emefiele of corruption, causing colossal damages, faces backlash from Nigerians 

June 11, 2023
Vice President Yemi Osinbajo commissions Transcorp’s Afam 240MW three fast power turbines
Corporate Updates

Vice President Yemi Osinbajo commissions Transcorp’s Afam 240MW three fast power turbines

May 10, 2023
The 3 pathways that can boost climate-positive growth in Africa - Osinbajo
Sectors

FG launches $672 million fund to support Nigerian tech startups

March 15, 2023
Osinbajo says $50 billion diesel spent in sub-Saharan Africa produces more energy than grid of 17 countries in the region
Energy

Osinbajo to attend high-level meeting in New York on African Carbon Market

December 8, 2022
The 3 pathways that can boost climate-positive growth in Africa - Osinbajo
Business News

Nigeria moves to become gateway to AfCFTA, signs MoU with Vietnam

December 6, 2022
Next Post
Former Liberian President to sit on WHO review panel of Covid-19 response effort

Former Liberian President to sit on WHO review panel of COVID-19 response effort

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Emple
first bank
Zenth Bank









DUNS

Recent News

  • Lagos Govt grants extension for removal of buildings along Ikota River in Lekki estates 
  • Nigerian Senate passes final two tax reform bills, paving way for presidential assent 
  • All-Share Index shatters 109,200-barrier at N68.6 trillion cap, prints the highest high ever 

Follow us on social media:

Recent News

Lagos govt mandates permits for amplified sound in nightclubs, worship centres 

Lagos Govt grants extension for removal of buildings along Ikota River in Lekki estates 

May 8, 2025
President Tinubu appoints Ibrahim Gaga as new Executive Director of NEXIM Bank  

Nigerian Senate passes final two tax reform bills, paving way for presidential assent 

May 8, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics