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The Nigerian Government Receives $52.88M Recovered from Galactica Assets
Nigerian Government receives $52.88m from the United States recovered from the Galactica assets. The Attorney-General of the Federation and Minster Of Justice, Lateef Fagbemi revealed that a formal signing ceremony was held for Nigeria and the Unites States on Friday in Abuja.
Fagbemi states that $50 million of the assets will be sent to the World Bank for the rural electrification project, while the remaining money will be sent to the International Institute of Justice to expand the justice system.
The President of Nigeria, Bola Ahmed Tinubu also used the event as an opportunity to address the issue of corruption in the country.
It has been reported that Bola Ahmed Tinubu was absent at the commissioning of the Opebi-Mende Link Bridge, which took place on April 8, 2026.
However, Senate President Godswill Akpabio represented the President and carried out the ceremony.
As he commissioned the project, he stated “On behalf of President Bola Ahmed Tinubu, I commission these projects.”
Residents of Lagos should prepare for traffic disruptions as several roads will be closed due to the visit of Bola Ahmed Tinubu, who is set to commission infrastructural projects.
The commissioning will take place on April 8 and 9, 2026.
Affected areas on Wednesday (April 8):
Opebi, Allen Avenue, Ikeja, Ojota, and Victoria Island.
Affected areas on Thursday (April 9):
Lekki-Epe Expressway, Ikoyi, Victoria Island, and Ajegunle.
Motorists are advised to plan alternative routes and expect heavy traffic during these periods.
President Donald Trump makes headline as he threatens Iran on social media.
The president shared “Open the F***ing Strait, you crazy bastards, or you’ll be living in Hell — JUST WATCH!”
It can be noted that he even did a countdown on Saturday “48 hours before all Hell will rain down on them,” he warned Saturday. “Time is running out.”
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