’55 top govt officials, businessmen stole N1.4 trn under OBJ, Yar’Adua, Jonathan’

Emma Ujah, Abuja Bureau Chief The massive looting of public funds during the administrations of former Presidents Olusegun Obasanjo, Umaru Yar’Adua and Goodluck Jonathan came to the fore, Monday, as top government officials and businessmen were said to have illicitly enriched themselves with public funds, amounting to over N1.35 trillion. The chairman of the Presidential […]

Opinion: Buhari, Yar’Adua and the sense of deja vu

As groups and individuals continue to claim that President Muhammadu Buhari’s health is deteriorating while his supporters say he’s getting better and, with the President’s return to the United Kingdom on an indefinite sick leave, BAYO AKINLOYE writes that not a few people are experiencing a sense of déjà vu With a gait less graceful, […]

War Against Corruption: Ex lawmaker jailed for N1.4bn fraud

-Punch Ramon Oladimeji A Federal High Court in Lokoja, the Kogi State capital on Monday convicted a former member of the Kogi State House of Assembly, Gabriel Daudu, of money laundering and sentenced him to two years imprisonment. Justice Inyang Ekwo, in a judgment on Monday, found Daudu guilty on 77 out of the 208 […]

I chose Yar’Adua because others were corrupt -Obasanjo

Former President Olusegun Obasanjo said on Wednesday that he chose the late former President Umaru Yar’ Adua as his successor because the others, who wanted the post, were corrupt. Obasanjo said one of the people who wanted to succeed him in 2007 was “stinkingly corrupt” and that the only way he (Obasanjo) could justify himself […]

SSS foils plot to kidnap Yar’Adua’s daughter

Suspected kidnappers THE State Security Service on Thursday said it had foiled a plot to abduct one of the daughters of late President Umaru Yar’Adua. The SSS said two suspects, Hamza Abubakar and Lawrence Okoro, had been arrested in connection with the foiled kidnap attempt. Deputy Director, SSS, Public Relations, Ms. Marilyn Ogar, told newsmen […]

OBJ, Yar’Adua, GEJ misused N1.2trn – Senate Report

By HENRY UMORU & JOSEPH ERUNKE ABUJA—A Report of the Senate Committee on Public Accounts, presented to the Senate, yesterday, revealed how the Federal Government under three successive administrations from 2002 to 2012, grossly abused funds from the nation’s Special Funds Accounts to the tune of N1.2 trillion. According to the report presented by Senator […]

Sue me or leave me alone, Yar’Adua’s man tells EFCC

The former principal secretary to the late president Umaru Yar’adua, Mr. David Edevbie, has filed an action at the Federal High Court in Lagos, praying the court to either compel the Economic and Financial Crimes Commission (EFCC) to prosecute him for his alleged involvement in money laundering or in the absence of any concrete evidence […]

Ezekwesili queries how Yar’Adua, Jonathan spent $67bn

A former Vice President (Africa), World Bank, Dr. Oby Ezekwesili, has said the Umaru Yar’Adua and President Goodluck Jonathan administrations need to tell Nigerians how they spent the $45bn left in the foreign reserves account and $22bn in the Excess Crude Account by the former President Olusegun Obasanjo administration. Ezekwesili, who was a former Minister […]

Holyfield to establish boxing facility in South-South

Arrangements have been concluded for the establishment of a sporting facility in the South-South to develop boxing talents among youths in the country. Evander Holyfield, a four-time World Heavy Weight Boxing Champion, who disclosed this during a courtesy call on Governor Liyel Imoke in Government House, Calabar, said the facility would create avenue for talented […]

FG to spend N3.1bn on Obasanjo, others in 2012 (What a waste of public resources)

February 6, 2012  by Olusola Fabiyi and Oluwole Josiah   The Federal Government plans to spend N3.19bn on the pensions and allowances of former Presidents, Heads of State, their deputies, former leaders of the National Assembly and their families in the year 2012. The proposed N3.19bn represents an increase of about N2bn from what was […]

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