Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala By Obinna Chima Despite strong recommendations in her favour to take the soon-to-be-vacant topmost position at the World Bank – including a reported endorsement by President Goodluck Jonathan – the Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, is […]
His two wives, Iyabo Obasanjo-Bello, others beneficiaries BY IKECHUKWU NNOCHIRI ABUJA – An Abuja High Court in Maitama, yesterday, heard how former Minister of the Federal Capital Territory, Mallam Nasir El- Rufai, connived with two senior officials of the Geographical Information Systems, AGIS, and illegally allocated several plots of land to his private companies and […]
THE Federal High Court sitting in Abuja has fixed April 27 for judgment in a suit seeking to compel the Central Bank of Nigeria (CBN) and the Attorney-General of the Federation to disclose how the $12.4 billion oil windfall that accrued to the Federal Government between 1988 and 1994 was spent. The suit was instituted […]
THE embattled chairman of the Oyo State branch of the National Union of Road Transport Workers (NURTW), Alhaji Abdul-Lateef Oluwatoki (a.k.a. Tokyo), has replied the new state Commissioner of Police, Mr Tambari Mohammed, saying that his fresh threat to arrest him over the intra-union crisis was “illegal and unconstitutional.” Tokyo’s pronouncement followed a statement credited […]
THE Economic and Financial Crimes Commission (EFCC), on Wednesday, disclosed that investigation was deepening in the alleged corruption accusation and counter-accusation rocking the public hearing on the activities of the Securities and Exchange Commission (SEC) by the House Committee on Capital Market and Other Institutions. Documents that could assist in the unravelling of the corruption […]
Lagos-based lawyer, Mr. Gabriel Amalu, has asked a Federal High Court, Lagos to stop the operations of three task forces of the petroleum ministry set up by the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. One of the task forces, Ministerial Committee on Petroleum Revenue Special Task Force, is headed by former Chairman of the […]
The Federation Account Allocation Committee (FAAC) meeting which dragged on into the night ended with the three tiers of government sharing N620.738 billion as allocation for February. The gross revenue of N766.772 billion was higher than the N666.324 billion shared in the previous month. The increase was due to increase in Petroleum Profit Tax (PPT)collections […]
Font size: Maina DETECTIVES at the Economic and Financial Crimes Commission (EFCC) are questioning a Federal Permanent Secretary and two directors in some ministries for allegedly stealing about N14.3billion Police Pension cash. The suspects, The Nation learnt yesterday, explained how they looted the pension funds. The three suspects, whose names could not be immediately […]
MORE facts emerged yesterday on why Britain deported 53 Nigerians last week. Many of them had overstayed their visas. Some had completed their prison terms, the Ministry of Foreign Affairs said. It also maintained, through a statement signed by its spokesman, Ogbole Ode, that 53 – not 120 – Nigerians were brought back home from […]
The South-South Peoples Assembly (SSPA) has said the convocation of a Sovereign National Conference is the antidote to the myriad of problems confronting the nation, urging the government to exploit it to strengthen the unity and peaceful co-existence among the various ethnic nationalities in the country. It warned the Federal Government not to ignore the […]
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