FEDERAL MINISTRY OF FINANCE News Release. December 6, 2013. CLARIFYING INACCURACIES IN REUTERS STORY ON SUBSIDY PAYMENTS IN NIGERIA In its recent story on subsidy payments to oil marketers in Nigeria, Reuters confuses the facts and obfuscates the issues. It is well known that the Federal Ministry of Finance […]
President Goodluck Jonathan has said past Nigerian leaders cannot be compared to the late former South African leader, Nelson Mandela, saying it was on record that they ruled repressively during their regimes. He also described Nigerian politicians who threaten, boast and play little gods by virtue of their position as tiny men, a character trait […]
The Excess Crude Account, which has dropped to $3.3bn in recent times, may deplete further to $2.5bn as soon as certain payments are made to the oil sector, the Minister of Finance, Dr. Ngozi Okonjo-Iweala, said on Monday. While speaking on the performance of the economy at a breakfast meeting organised by the Nigerian Economic […]
The Minister of Interior, Abba Moro, has presented certificates of citizenship to 217 foreigners with a call on them to abide by national ethics and code of conduct as Nigerians. Moro said the 217 foreign nationals, comprising 129, who naturalised and 88, who became Nigerians by registration, were conferred citizenship after they were recommended to […]
Argentina coach Alejandro Sabella has admitted he knows nothing about the Super Eagles after the FIFA World Cup draw puts his team in Group F alongside Nigeria, Iran and Boznia-Herzegovina. It is the fourth time the African champions would be grouped together with the South Americans at this level and each time the Albiceleste have […]
Vincent Enyeama’s invincibility at goal ended on Sunday after Lille teammate Simon Kjaer deflected a harmless Landry N’Guémo’s shot to beat the Nigerian keeper in the 27th minute. The vital lone-goal victory pushed Bordeaux to the sixth position in the French Ligue 1 log. The Super Eagles goalkeeper had gone 14 matches without conceding a […]
Fan kills himself over United loss A Kenyan fan unable to cope with Manchester United’s loss to Newcastle United committed suicide over the weekend, according to police. John Macharia, 28, plunged to his death from a multi-storey apartment block in the capital, Nairobi. This followed United’s 1-0, their second home defeat in four days. Newcastle’s […]
Scenes of a multiple accident on the Otedola bridge, Lagos-Ibadan Expressway, Lagos… on Sunday. | credits: Sodiq Adelakun An unidentified woman and a pregnant lady were said to have died in the multiple accidents which occurred close to Otedola Bridge, along the Alausa area of the Lagos-Ibadan Expressway on Saturday. A large number of people […]
Inspector General of Police (IGP), Mohammed Abubakar | credits: pointblanknews.com The Ogun State Police Command has arrested a 26-year-old man, Kehinde Adejuwon, for allegedly raping a two-year-old girl at Oja Odan in Yewa North Local Government Area, Ogun State. The suspect was arrested by a team of detectives attached to the Ayetoro Police Division, […]
The Peoples Democratic Party has attracted public criticisms for comparing its founding members with the late South African anti-apartheid leader, Nelson Mandela. The ruling party contested that just as the late Mandela fought and won the struggle against apartheid in South Africa, its founding fathers achieved a similar feat that “liberated” Nigeria from the shackles […]
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