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Jonathan may ignore Reps, to retain Oteh

President Goodluck Jonathan may not bow to the pressure mounted on him by the House of Representatives to fire the Director-General of the Securities and Exchange Commission, Ms. Arunma Oteh. The lawmakers had on July 19, 2012 asked Jonathan to sack Oteh after adopting the report of the House’s ad hoc committee which probed the […]

20 vie for PDP BoT chairmanship

Twenty persons have signified their intention to become the chairman of the Board of Trustees of the Peoples Democratic Party. The Secretary of the Board, Senator Walid Jibril, stated this in an interview with journalists at the National Headquarters of the party in Abuja on Tuesday. According to him, 98 persons, who are members of […]

Battle over $15m Ibori bribe shifts to Jan

An Abuja Federal High Court on Tuesday fixed January 10, 2013 for hearing in the legal battle between the Federal Government and Delta State Government over the $15m former Governor James Ibori bribe money. The federal and state governments had been battling over the right to claim the controversial $15m allegedly received as bribe money […]

Ex-gov Audu to be declared wanted by EFCC

DECEMBER 12, 2012 BY FRIDAY OLOKOR, ABUJA 10 COMMENTS The Economic and Financial Crimes Commission on Tuesday said it had concluded arrangements to declare Kogi State ex-governor, Alhaji Abubakar Audu, wanted over alleged N4bn fraud. A statement by the spokesperson for the EFCC, Mr. Wilson Uwujaren, said the decision followed alleged evasion of arrest of […]

New revenue formula unlikely now –RMAFC

The Revenue Mobilisation, Allocation and Fiscal Commission has said it has no plan to review the revenue formula in the nearest future. The RMAFC spokesman, Mr. Ibrahim Mohammed, said the Commission could not come out with a new revenue sharing formula for the federal, states and the local government councils because of “inadequate funding”. Mohammed […]

N881bn spent, additional N161bn needed – Jonathan

BARELY 24 days to the end of the year, President Goodluck Jonathan is requesting a fresh N161.1bn to pay outstanding and future subsidy claims for the rest of 2012. The President said his government’s provision for subsidy payment in the year was underestimated. Jonathan’s request was contained in a 2012 Supplementary Appropriation Bill he sent […]

Customs seize ammunition, 117 bags of indian hemp

The Ogun State Command of the Nigeria Customs said on Tuesday in Abeokuta that it had seized 3,000 shotgun cartridges smuggled into the country. The command also seized 117 bags (392kg) of Indian hemp with a street value of about N1. 7m in the last three months. The Customs also confiscated 171 vehicles, 2,058 cartons […]

Governors demand $1bn from Excess Crude Account (greedy governors)

The 36 state governors have made a request to the Federal Government for the release of $1bn (N158bn) to them from the controversial Excess Crude Account for some developmental projects. The Deputy Governor, Sokoto State, Alhaji Mukhtar Shagari, said this while briefing State House correspondents at the end of the 10th meeting of the National […]

Lawmaker initiates elderly scheme, gives aged people N13m

Senator Oluremi Tinubu has initiated Elderly Citizens Assistance Scheme as part of her programmes to alleviate poverty among the aged persons in her constituency. Tinubu, who represents Lagos Central Constituency in the Senate, gave N10, 000 each to 1,300 elderly persons, aged from 65 and above, spread across 13 local governments that make up the […]

The Charles Okah prison letter

Several Nigerian-related websites and the social media are awash with what has come to be known as the Charles Okah Prison Letter.The handwritten letter, about five pages in length, was addressed to His Eminence Anthony Cardinal Olubunmi Okogie, the Archbishop Emeritus of Lagos. Pope Benedict XVI and the Catholic Bishop of Abuja Diocese were also […]

Don’t wake a sleeping lion – Ex Gov. Fayose warns the presidency

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