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INSECURITY: Uduaghan calls for state police (So you can use it to oppress your opponents/enemies)

By Emma Arubi & Akpokona Omafuaire WARRI—DELTA State governor, Dr. Emmanuel Uduaghan, weekend, reiterated the call for the creation of state police to effectively combat crime in the country. The governor made the observation during the quarterly meeting with traditional rulers and local government transition committee chairmen in the state held at the Government House […]

Warren Buffett made $37 million a day to be America’s most profitable billionaire in 2013

ARGUABLY the most successful investor of the 20th century has done it again. Warren Buffett added $37 million a day to his wealth in 2013, making him more profitable than any other billionaire in the US, Wealth-X claimed. TEN THINGS BILLIONAIRES WILL NOT TELL YOU THE FIRST JOB BILLIONAIRES HAD Buffett, known for his adherence […]

Another twin explosion rocks Rivers

BY JIMITOTA ONOYUME PORT HARCOURT—ANOTHER twin explosion yesterday rocked Buguma, headquarters of Asaritoru Local Government Area, causing panic and tension. The incident occurred in the evening during the inauguration of Asaritoru local government wing of Save Rivers Movement, at the Kalabari National College, KNC, premises. When contacted for comment, the state Police Public Relations Officer, […]

APC’s visit to Obasanjo – Nigeria headed for a shipwreck – Soyinka (This must be breaking news)

Nobel Laureate, Professor Wole Soyinka yesterday faulted the visit of All Progressives Congress, APC, leaders to former President Olusegun Obasanjo last Saturday warning that Nigeria was heading for a shipwreck with such political romance. In his statement, titled: “Shipwreck Ahead”, Professor Soyinka cautioned that Nigeria would need rescue operations if the APC intends to court […]

FG, States, LGs share N6tr in 9 months

FG overspends by N740bn BY Babajide Komolafe The three tiers of government shared N6 trillion from January to September from the federation account, while the federal government overspent its budget by N740 billion within the same period. These were revealed in the Economic report for the first three quarters of the year released by the […]

Surprise: How FG allegedly lavished N4.7trn in 8yrs, by Reps

-Say Obasanjo spent N250m a year on Charles Tailor BY EMMAN OVUAKPORIE ABUJA—The Public Accounts Committee, PAC, of the House of Representatives revealed at the weekend that over N4 trillion was spent from 2004 to 2012 by the Federal Government from Service-wide Vote without the approval of the National Assembly. The committee said due process […]

We won’t declare defected legislators’ seat vacant –INEC

The Independent National Electoral Commission on Sunday said it would not declare vacant the seats of 37 members of the House of Representatives who defected from the Peoples Democratic Party to the All Peoples Congress. Chief Press Secretary to the commission’s chairman, Mr. Kayode Idowu, said this in reaction to enquiries by The PUNCH on […]

‘Unremitted’ $49.8bn: Mischief, ignorance or distraction?

A letter dated September 25, 2013 written by the Governor of Central Bank of Nigeria, Lamido Sanusi, to President Goodluck Jonathan was recently leaked to the media from undisclosed sources.  In an apparent streak of patriotic fervour, Sanusi noted in his letter that, “I am constrained to formally write your Excellency, documenting serious concerns of […]

Aiding looters with foreign accounts approval

IN a wrong-headed move, the House of Representatives has initiated the process to legalise the operation of foreign bank accounts by public officers. Despite public misgivings about it, a bill to this effect scaled through the second reading on November 19. One of its sponsors, Bamidele Faparusi, argued that the current law is “weak and […]

Made-in-Nigeria vehicles to sell for N1.2m – FG

The Federal Government, in a bid to ensure the successful implementation of its recently approved National Automotive Industry Development Plan, said it would encourage local auto manufacturers to produce less expensive models with price range of between N1.2m and N1.5m. It also said it would collaborate with auto manufacturers, franchise holders, reputable motor dealers and […]

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