Growing debt, good for the country – DMO

Despite warnings by economists against the country’s increasing debt profile, the Debt Management Office has said the continued rise in both domestic and external debts is a good thing for Nigeria. The DMO argued that the government’s future income streams would comfortably address the rising debts. Speaking in an exclusive interview with our correspondent in […]

Insecurity: Stop shedding crocodile tears, Falana tells FG

Lagos lawyer, Mr. Femi Falana (SAN), on Sunday asked the Federal Government to equip security personnel deployed in the fight against insecurity in the country rather than shedding crocodile tears for the victims of insecurity. Falana, in a statement, lamented the conditions of less-equipped policemen and soldiers, who were being deployed in fighting terrorists that […]

Boko Haram: Collapse of amnesty may lead to civil war, Bola Ajibola warns

By LUKA BINNIYAT, CALEB AYANSINA & BASHIR ADEFAKA Former Minister of Justice and Attorney-General of the Federation, Prince Bola Ajibola, SAN, has expressed fears that the collapse of the ongoing amnesty plans for Boko Haram members may snowball into another civil war even as the youth wing of the Christian Association of Nigeria has urged […]

Boko Haram amnesty: FG’s legalising terrorism, Christian youths

By CALEB ANYANSINA ABUJA – THE Youth Wing, Christian Association of Nigeria (YOWI-CAN), and Anglican Youth Fellowship, Nigeria have warned that the proposed amnesty to the dreaded Islamic sect, Boko Haram by the Federal Government is nothing but the legalisation of terrorism in the country. President of YOWIC-AN, Dr. Simon Dolly and the president of […]

External reserves now $50b, says Okonjo-Iweala

By Emma Ujah, Abuja Bureau Chief Nigeria’s foreign reserve has hit about $50 billion, the Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala revealed and declared Nigeria as Africa’s current best investment destination Okonjo-Iweala “With a foreign reserve of nearly 50 billion dollars, a stable exchange rate, strong banking sector, massive […]

Okonjo-Iweala rallies Nollywood over N3bn grant

By ANOZIE EGOLE A Nollywood town hall meeting was convened last Saturday at the Eko Hotel and Suities, Victoria Island, Lagos, by Minister of Finance, Dr Ngozi Okonjo-Iweala and her counteraprt in Culture and Tourism, Chief Edem Duke . The purpose of the meeting was principally to address some of the issues trailing the N3 […]

Kidnap Of Shettima Ali Monguno : Boko Haram Amnesty Committee in crucial talks

*No contact with insurgents yet By Jide Ajani & Soni Daniel 24 hours after the abduction of 87-year old statesman, Alhaji Shettima Ali Monguno, Sunday Vanguard learnt that the 26-man committee set up by President Goodluck Jonathan to explore the possibility of resolving the insurgency in the northern part of the country will be meeting […]

OBJ, Yar’Adua, GEJ misused N1.2trn – Senate Report

By HENRY UMORU & JOSEPH ERUNKE ABUJA—A Report of the Senate Committee on Public Accounts, presented to the Senate, yesterday, revealed how the Federal Government under three successive administrations from 2002 to 2012, grossly abused funds from the nation’s Special Funds Accounts to the tune of N1.2 trillion. According to the report presented by Senator […]

Opposition misinforming Nigerians on Jonathan’s performance – FG

The Federal Government has accused opposition parties of deliberately misinforming Nigerians about the performance of President Goodluck Jonathan. Secretary to the Government of the Federation, Anyim Pius Anyim, who made the allegation on Tuesday, however said Jonathan was determined to pursue and actualise his administration’s transformation agenda in spite of the tendency of the opposition […]

36 persons died in Baga – Military, NEMA

The Military High Command and the National Emergency Management Agency on Tuesday presented a preliminary report of the investigation conducted into the recent massacre in Baga, Borno State, to President Goodluck Jonathan, declaring that only 36 persons lost their lives in the carnage. The report contradicts the 185 casualties widely reported by the media. The […]

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