Institute for Economic and Peace, a global think-tank, has ranked Nigeria as the seventh country most affected by terrorism in 2011. The organisation’s first Global Terrorism Index meant to measure the impact of terrorism and the associated economic and social dimensions, was published last Tuesday. The index showed Nigeria ranking marginally better than Somalia (the […]
The bid by the House of Representatives to investigate the N20bn fuel subsidy dispute between the Chairman of Capital Oil and Gas Limited, Mr. Ifeanyi Uba, and a fellow businessman, Mr. Cosmas Maduka, failed on Thursday. Two major reasons stalled proceedings a few minutes after the Chairman, House Committee on Public Petitions, Mr. Uzo Azubuike, […]
THE Independent National Electoral Commission on Thursday announced the deregistration of 28 political parties thus sending their promoters off the political stage as the march towards the 2015 general elections gathers momentum. Affected by the deregistration are Pastor Chris Okotie’s Fresh Democratic Party; Balarabe Musa’s Peoples Redemption Party; and the National Reformation Party, founded by […]
Gowon seeks Electoral College as Atiku, Shekarau, others shop for credible candidate From NOAH EBIJE and ABDULGAFAR ALABELEWE, Kaduna Prominent Northern leaders, including former Head of State, General Yakubu Gowon, former Vice President Atiku Abubakar, 2011 governorship candidate for Kaduna State Action Congress of Nigeria (ACN), Bashir Bugaje, and former Governor of Kano State, Ibrahim […]
The Economic and Financial Crimes Commission (EFCC) has detained the Chairman of Bi-Courtney Limited, Dr. Wale Babalakin, since Tuesday evening in defiance of the order of a Federal High Court, which restrained the anti graft agency from going ahead with his arraignment and trial. Sources at the Lagos University Teaching Hospital (LUTH), Idi-Araba, Lagos disclosed […]
Civil rights groups and the Action Congress of Nigeria have criticised the President Goodluck Jonathan-led administration for borrowing N2.57tn in 18 months and proposing a N2.2bn banquet hall project for Aso Rock. They said the country’s rising debt profile and the hall project in the presidency had shown that the Jonathan administration was wasteful and […]
From ADETUTU FOLASADE-KOYI, Abuja Switzerland is set to expose public officers who stashed away looted funds in the country’s banks, just as it announced yesterday that the country new laws did not allow anonymous bank accounts in Swiss banks. The Swiss Government also announced that $700 million, out of the reported $1 billion loot stashed […]
The Minister of the Federal Capital Territory, Bala Mohammed, has defended the huge allocations in the 2013 Budget for the construction of houses for Vice President Namadi Sambo and other senior government officials. Mohammed defended the allocations when he appeared before the Senate Committee on the FCT on Tuesday. He said that the territory’s N50bn […]
DECEMBER 3, 2012 BY ADE ADESOMOJU 55 COMMENTS Dr. Wale Babalakin, owner of Bi-Courtney Nig Ltd | credits: OPERATIVES from the London Metropolitan Police are to give evidence when the trial of the Chairman, Bi-Courtney Highway Services, Dr. Wale Babalakin, finally begins at a Lagos High Court, Ikeja. A senior lawyer privy to the goings-on […]
•House may invite her to render account From CHUKS AKUNNA, Abuja Sacked Director-General, Bureau for Public Enterprises (BPE), Ms. Bolanle Onagoruwa, may be in for fresh trouble following moves by the House of Representatives to make her account for her tenure. Last Tuesday, Onagoruwa was billed to appear before the House Committee on Public Procurement, […]
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