ACN, others berate Jonathan over N2.2bn party hall

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 […]

Switzerland returns $700m Abacha’s loot to FG – (It will be looted again)

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 […]

Minister defends N2bn budget for Sambo’s house

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 […]

Ibori loot: London police to testify against Babalakin

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 […]

Fresh trouble for Onagoruwa, sacked BPE boss

•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, […]

Jaji bombings: Military removes two generals

*`Explosives made in US, some components from Brazil’ By Kingsley Omonobi, Abuja, Luka Binniyat, Kaduna In what is apparently a fallout of the suicide bombings of a church in the Armed Forces Command and Staff College, Jaji, Kaduna State, the Defence Headquarters (DHQ), yesterday, removed two top military officials from their posts. The DHQ announced […]

Boko Haram: 20 arrested as soldiers raid hideouts in Abuja

Barely four days after a deadly attack on the Special Anti-Robbery Squad(SARS) office in Abuja, soldiers yesterday stormed suspected “cells” and hideouts of suspected members of Boko Haram in the Federal Capital Territory (FCT). Some of the suspected cells and shanties were burnt in Apo and Guzape districts. Also, security agencies have arrested more than […]

Flush out civilians from Army barracks, Ihejirika orders

BY KINGSLEY OMONOBI ABUJA — IN the wake of terrorists attacks on army cantonments in parts of the country, the Chief of Army Staff, Lt. General Azubuike Ihejirika, has directed that all civilians and non-military personnel residing in all army barracks be flushed out. His words: “All illegal civilians and those above 18 years should […]

Insider job suspected in SARS attack

From IKENNA EMEWU and MOLLY KILETE, Abuja Less than 48 hours after the embarrassing attack and release of Boko Haram detainees allegedly by their members, information has continued to turn in that there must have been an insider job in the act. Sources within and outside the police formation who spoke in anger but would […]

Only five banks are healthy- NDIC

From ISAAC ANUMIHE, Abuja The Nigeria Deposit Insurance Corporation (NDIC) yesterday revealed that there are only five sound banks in the country, even as it stated there are no unsound banks. Whereas 13 of the banks are satisfactory, two of them are just marginal, says the deposit insurer. In its 2011 Annual Report and Statements […]

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