Photo: Sun News Publishing More Stories on This Section The Federal Government, yesterday accused the nation’s aviation regulatory agencies of collusion with foreign airlines to fix airfares in the country. Foreign Affairs Minister, Olugbenga Ashiru said this when he appeared before the Senate Committee on Aviation at the commencement of a three-day public hearing on […]
Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala By Ndubuisi Francis in Abuja The Federal Government declared yesterday that it was worried by the domestic debt stock and was working towards cutting it down from the current N5.96 trillion to about N500 billion by 2015. Coordinating Minister of the Economy and […]
-south Governors’ Forum, Senator Liyel Imoke •Want fiscal federalism too By Okon Bassey in Uyo Governors of the South-south states yesterday rose from a one-day meeting in Uyo, Akwa Ibom State, and frowned on the long delay in the passage of the Petroleum Industry Bill (PIB), noting that it had impacted negatively on the geo-political […]
Former governor of Delta State and chieftain of the Peoples Democratic Party (PDP), James Ibori, who was standing trial for allegations of money laundering and multiple frauds, has been jailed for 13 years by a United Kingdom (UK) court sitting in Southwark, London. In his verdict on the matter yesterday, Judge Anthony Pitt of London […]
REPORT 200 COMMENTS As the sentencing of former governor of Delta State, James Ibori, commenced on Monday at the Southwark Crown Court 9, London, the prosecutor, Sasha Weils, told the court in her closing argument that Ibori was “a common thief.” Weils told the court of how Ibori “systematically and deliberately defrauded his people during his […]
Statement from Ngozi Okonjo-Iweala | “WE HAVE MADE HISTORY” I would like to congratulate Dr Jim Yong Kim on his emergence as President of the World Bank Group. I look Forward to working with him, staff and stakeholders of the World Bank Group for the benefit of poor people around the world. Their plight is […]
The Executive Directors of the World Bank on Monday selected American nominee, Dr. Jim Yong Kim, as the new president of the institution. This ends weeks of speculation after Nigeria’s Minister of Finance, Dr. Ngozi Okonjo-Iweala, and former Colombian Finance Minister Jose Ocampo, slugged it out with Kim. Ocampo pulled out of the race on […]
A London Court is set to sentence former Delta State governor, James Ibori, today. The beleagured ex-governor who pleaded guilty to 10 counts of fraud and money laundering charges to the tune of $250 million could face up to 10 years in jail, reports say. James Ibori James Ibori appeared at the Southwark Crown Court […]
BY Emma Ujah, Abuja Bureau Chief ABUJA — In spite of the spirited fight by the Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, for the position of the President of the World Bank, indications emerged last night that United States of America’s candidate, Mr. Jim Yong Kim will win comfortably. […]
JOHANNESBURG — South Africa’s finance minister, appearing braced for disappointment when the World Bank chooses a new leader later Monday, said he’ll push for more international financial institution reforms. Pravin Gordhan spoke to reporters in Johannesburg hours before the World Bank’s executive board is expected to vote on its president. The two candidates are Nigerian […]
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