The problem with Sovereign Wealth Fund, by Gov Lamido

By Jimoh Babatunde INTERVIEW IN BRIEF Governor Sule Lamido of Jigawa State speaks on his love for the downtrodden, the introduction of social welfare package for the disabled, plans to open up Jigawa to investors, agriculture and civil responsibilities of citizens to the Nigerian State.  Lamido also speaks on the proposed Sovereign Wealth Fund, SWF, […]

Boko Haram makes world terrorists list

Anti-terrorism experts met yesterday under aegis of the Global Counterterrorism Forum to discuss ways of preventing the financing of armed militant groups, focussing on north Africa’s Sahel desert region. Intrestingly, Boko Haram, which has claimed responsibility for series of bombings in Nigeria was one of the groups discussed by the experts. Manuel Lopez Blanco, coordinator […]

Forget subsidy, face Boko Haram •NASS tells Jonathan

ATTEMPT by President Goodluck Jonathan to woo the 109 senators and 360 House of Representatives members to support his government’s planned fuel subsidy removal has reportedly failed, as the meeting called by the presidency to discuss the issue of subsidy removal among other pressing national issues ended in a deadlock on Wednesday. The Senate, through  […]

Akunyili vs Ngige: Appeal Court orders retrial

THE Court of Appeal sitting in Enugu has ordered the retrial of the election petition filled by the candidate of the All Progressives Grand Alliance (APGA) for Anambra Central senatorial district in the last general election, Professor Dora Akunyili, against the candidate of the Action Congress of Nigeria (ACN), Senator Chris Ngige. It also allowed […]

Al-Qaeda pilots Boko Haram – anti-terrorism experts

ALGIERS (AFP) – Anti-terrorism experts met at an international security conference Thursday to discuss the financing of armed militant groups and to focus on north Africa’s Sahel desert region, officials said. Some 150 experts from about 30 countries were participating in the forum, which was being co-sponsored by Turkey and the United States. The closed […]

Egypt berates Boko Haram

The Arab Republic of Egypt has joined the rest of the world to condemn the terrorist attacks by the extremist Islamic sect, Boko Haram. This was contained in a statement by Mr. Ihab Fahmy on behalf of the Egyptian Embassy in Nigeria, in Abuja, on Wednesday. The statement said Egypt strongly condemned the attacks on […]

Status quo of Ndigbo in Nigeria unacceptable – APGA

BY PETER OKUTU ABAKALIKI— THE United States of America Chapter of All Progressives Grand Alliance, APGA, yesterday, declared that the present status quo of Ndigbo was not acceptable in view of their enormous contributions to the growth and development of the nation. Secretary-General of the party in USA, Mr. Okwukwe Ibiam, who made the disclosure […]

Diezani mansion: Presidency orders probe (NO smoke without fire)

ABUJA — President Goodluck Jonathan may have ordered the National Intelligence Agency, NIA, to conduct full investigations into an Austrian newspaper report alleging the purchase of a 20 million Euro mansion by the Minister of Petroleum Resources, Mrs Diezani Alison-Madueke. Alison-Madueke was one of the recipients of the national honours in Abuja yesterday and has […]

Nigeria’s debt stock hits N6trn

Nigeria’s debt portfolio, which once became an albatross to Nigeria’s economy, is gradually becoming unmanageable again as the Director General of Debt Management Office (DMO), Dr Abraham Nwankwo, yesterday, put it at N6.1 trillion. Nwankwo, who gave this figure in Abuja at the commencement of training for Nigeria’s first set of medium term debt strategy experts […]

Why we gave Dangote GCON –Jonathan

The President yesterday justified why business mongul, Alhaji Aliko Dangote, was bestowed with Nigeria’s second highest honour of Grand Commander of the Niger (GCON). The award is usually reserved for the Vice President, Senate President and the Chief Justice of Nigeria (CJN). Criticisms have trailed Dangote’s GCON since the list was made public last weekend. […]

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