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 […]
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, […]
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 […]
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 […]
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 […]
Indications emerged on Saturday that the United States has been spying on the Nigeria’s security agencies, especially the State Security Service, and probably the Presidency. In a report published in New York Times, Edward Snowden, an American computer specialist, who worked for the US Central Intelligence Agency and as a contractor with the US […]
The seven aggrieved governors of the Peoples Democratic Party are waiting for President Goodluck Jonathan to invite them to a meeting on how to resolve the crisis rocking the ruling party. The spokesperson for the New PDP, Mr. Chukwuemeka Eze, who stated this in an interview with our correspondent in Abuja on Friday, said […]
-Punch The Federal Government on Friday officially dissolved the Power Holding Company of Nigeria after it handed over the 14 successor companies created from the unbundling of PHCN to their respective new owners across the country. Speaking at the official physical handover ceremony of the Abuja Electricity Distribution Company to its new owner, […]
Embattled Minister of Aviation, Ms Stella Oduah More cans of worms were thrown up on Wednesday in Abuja during the public hearing by the House of Representatives Committee on Aviation on the controversial N255m bulletproof cars purchased by the Nigerian Civil Aviation Authority. But the woman at the centre of the scandal, Ms Stella […]
Director-General, Budget Office of the Federation, Dr. Bright Okogu The Director-General of Budget Office of the Federation, Dr. Bright Okogu, and the Accountant- General of the Federation, Mr. Jonah Otunla, told a National Assembly Committee on Tuesday that Nigeria was not broke but was currently cash-strapped. Okogwu and Otunla said this when they appeared […]
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