FG woos Sri Lankan investors

…Says Nigeria remains strong, stable destination for FDI From AIDOGHIE PAULINUS, in Colombo, Sri LankaDespite her rising economic challenges, President Goodluck Jonathan, has said that Nigeria remains a strong and viable destination for Foreign Direct Investments (FDI).Jonathan noted in today’s uncertain economic environment, with over-leveraged nations, risk-averse corporate and indebted consumers; it is Africa’s turn […]

Ex-SGF, Yayale, resigns from Presidential Committee in protest

A former Secretary to the Government of the Federation, Alhaji Ahmed Yayale, has resigned his position as the Chairman of the Presidential Committee of Experts on Inter-Professional Relationship in the Public Sector. Yayale disclosed this in a letter of November 7, 2013 to the Secretary to the Government of the Federation, Chief Pius Anyim, which […]

FG, India in diplomatic row over Nigerian’s death

Minister of Foreign Affairs, Professor Viola Onwuliri Federal Government has demanded an unreserved apology from the Indian authorities over the death of a Nigerian, Obodo Uzoma Simeon, and discriminatory attacks on Nigerians in the Asian nation. The Minister of Foreign Affairs, Prof. Viola Onwuliri, disclosed this while answering questions from journalists at the pre-Commonwealth Head […]

Corruption: Ghana sacks minister as Jonathan keeps Oduah on

President Goodluck Jonathan The fight against corruption has assumed a new dimension in Ghana as President John Mahama has sacked the Deputy Minister of Communications, Victoria Hammah,  for allegedly making a statement that suggested that she could be corrupt. On Thursday, a taped conversation that Hammah had with someone, in which she allegedly said she […]

N255m car scandal: Reps’ panel indicts Oduah, NCAA

  Minister of Aviation, Ms. Stella Oduah There were indications on Wednesday that the House of Representatives Committee on Aviation had established some infractions against the Minister of Aviation, Ms Stella Oduah, and the Nigerian Civil Aviation Authority. The committee is investigating the controversial purchase of two bulletproof BMW cars by the Nigerian Civil Aviation […]

FG to give varsities N1.1tn in five years

      Details of the  Monday/ Tuesday marathon meeting  between President Goodluck Jonathan and the leadership of Academic Staff Union  of  Universities have begun to emerge. The PUNCH  gathered on Tuesday evening that a key component of the agreement reached by the parties was  that the Federal Government  would  inject N1.1tn into public universities […]

FG plans to build airports, refineries with Islamic bond

FROM ISAAC ANUMIHE, ABUJA Following the efficacy of Islamic finance  in attracting liquidity, the Central Bank of Nigeria (CBN), Debt Management Office (DMO) and the Infrastructure Concession Regulatory Commission (ICRC) are exploring ways to use Sukuk to build airports, railways and refneries. Speaking at the National Conference on Islamic Banking and Finance in Nigeria, yesterday,  […]

ASUU strike: Hope rises as Jonathan meets ASUU, NLC leaders for 13 hours

From JULIANA TAIWO-OBALONYE, Abuja Indications have emerged that the industrial action embarked on by the Academic Staff Union of Universities (ASUU) in the last three months may be called off soon. This revelation emerged after a 13-hours marathon meeting among President Goodluck Jonathan, the ASUU leadership and the Nigeria Labour Congress (NLC). The meeting commenced at […]

Jonathan rejects compensation for B’Haram victims

      President Goodluck Jonathan President Goodluck Jonathan on Tuesday admitted that despite the efforts of the nation’s security agencies targeted at curtailing the activities of members of the fundamentalist Islamic sect,  Boko Haram, his administration could not be said to have won the war against terror. But he ruled out compensation for victims […]

EFCC, ICPC scared to probe Oduah — Investigation

  Ms. Stella Oduah The Economic and Financial Crimes Commission and the Independent Corrupt Practices and other related offences Commission are at a crossroads over the investigation into the purchase of N255m bullet-proof cars for the embattled Minister of Aviation, Ms. Stella Oduah, SUNDAY PUNCH can authoritatively report. Oduah on Thursday had denied that the […]

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