Emmanueli Real Estate consultant

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14/08/2025
14/08/2025
13/08/2025

In the 1990s, a whooping sum of $12.2 billion revenue generated from oil sales varnished without any traces. This significant loss occurred under the administration of General Ibrahim Babangida, who served as the Head of State from 1985 to 1993.

The missing funds were said to have been accumulated between 1988 and 1994, when global oil prices suddenly increases due to the Gulf War.

The alleged suspects implicated in the disappearance of these funds are Head of State at the time, General Ibrahim Babangida, and Abdulkadir Ahmed, the Governor of the Central Bank of Nigeria (CBN).

Despite numerous investigations and probes, the exact circumstances surrounding the disappearance of these funds remain unclear.

Source: P.M. News

13/08/2025
12/08/2025
Website
12/08/2025

Website

12/08/2025
12/08/2025
12/08/2025

Address

Asero Estate Enyo Filling Station Besise Mudia Lawal Stadium Asero Abeokuta
Abeokuta
111101

Opening Hours

Monday 09:00 - 17:00
Tuesday 09:00 - 17:00
Wednesday 09:00 - 17:00
Thursday 09:00 - 17:00
Friday 09:00 - 17:00
Saturday 09:00 - 17:00

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