Ezekwesili queries how Yar’Adua, Jonathan spent $67bn

A former Vice President (Africa), World Bank, Dr. Oby Ezekwesili, has said the Umaru Yar’Adua and President Goodluck Jonathan administrations need to tell Nigerians how they spent the $45bn left in the foreign reserves account and $22bn in the Excess Crude Account by the former President Olusegun Obasanjo administration. Ezekwesili, who was a former Minister […]

Sucker Punch: Ten Provocative Demands from Dr. Okonjo-Iweala to President Jonathan – By Churchill Okonkwo

By Churchill Okonkwo | NNP | Dec. 14, 2012 – A rare good news for Nigerians: two prominent Nigerians made the list of the “100 Top Global Thinkers of 2012” according to Foreign Policy magazine. They are Prof. Chinua Achebe, for “forcing Africa to confront its demons” and Dr. Ngozi Okonjo-Iweala, for “showing Africa how […]

Finance Minister’s mother, Professor Kamene Okonjo, kidnapped from husband’s palace in Ogwashi-Uku, Delta State

By Emma Amaize, Kingsley Omonobi, Austin Ogwuda & Festus Ahon ASABA – Gunmen, yesterday, raised the stake when they abducted the mother of the Minister of Finance, Prof. Okonjo-Iweala, Professor Kamene Okonjo, in Ogwashi-Uku, Delta State. Okonjo-Iweala’s mother, 82, who is the wife of the Obi of Ogwashi-Uku Kingdom, Professor Chukwuka Aninshi Okonjo Agbogidi, was […]

Reps threaten to order Okonjo-Iweala’s arrest over police pension

BY OKEY NDIRIBE & EMMAN OVUAKPORIE ABUJA—House of Representatives, yesterday, threatened to issue a warrant of arrest against the Minister of Finance, Dr. Ngozi Okonjo-Iweala, over her refusal to honour invitations from its Committee on Pensions. Members of the committee also want the Finance Minister to explain her role in the take-over of Police Pension […]

Presidency denies rift between Okonjo-Iweala, Alison-Maduekwe

THE presidency has cleared the air over the rumoured disagreement between the Coordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala and her Petroleum Resources counterpart, Mrs Deziani Alison-Maduekwe, over unpaid petroleum subsidy claims. The presidential spokesman, Dr Reuben Abati, in Abuja on Wednesday, denied knowledge of such disagreement, as he told […]

Unpaid subsidy: Diezani, NNPC report Okonjo-Iweala to Jonathan

THE Nigerian National Petroleum Corporation has alerted President Goodluck Jonathan  to  a looming acute  fuel shortage  if the Federal Government fails to pay N1.13trn subsidy  owed it (NNPC), The PUNCH learnt. The NNPC top management, led by the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, and the corporation’s Group Managing Director, Mr. Andrew Yakubu, reportedly […]

I pray for our oil to dry up – Ezekwesili

Y PETER EGWUATU LAGOS — The Federal Government, weekend, was advised to quickly tackle the rising rate of unemployment in the country as its rate was estimated to be around 40 per cent of the entire population. The immediate past World Bank’s Vice President for Africa, Mrs. Oby Ezekwesili, who gave the advice also said: […]

Groups demand Okonjo-Iweala’s sacking over N2.7bn subsidy fraud

Over 500 placard-carrying protesters on Wednesday in Abuja stormed the Federal Ministry of Finance and demanded the immediate resignation of the Minister of Finance, Dr. Ngozi Okonjo-Iweala. They called for the minister’s sacking for what they described as unfavourable economic policies of the current administration and an alleged fraudulent payment of N2. 7bn to a […]

Sack Alison-Madueke, Okonjo-Iweala, boards –Groups

Some civil society organisations on Wednesday in Abuja called on President Goodluck Jonathan to sack the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, and her counterpart in Finance, Dr. Ngozi Okonjo Iweala, based on the Report of the Nuhu Ribadu-led Petroleum Revenue Task Force, which alleged corruption in the oil and gas industry. The groups […]

Oyo’s First Lady reportedly arrested in London for £400,000 money laundering

AMIDST reports that she was arrested in London for alleged money laundering, wife of the Oyo State governor, Mrs Florence Ajimobi, on Tuesday, described the report as a rumour sponsored by people playing dirty politics. Reports of her alleged arrest by the London Metropolitan Police, went viral on the internet on Tuesday with the Nigerian […]

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