The Nigerian National Petroleum Corporation, NNPC, generated about N8.1trillion between 2012 and May 2015, but paid only N4.3trillion to the federation account, Edo State governor, Adams Oshiomhole, said Monday, citing new details from the federal economic council meeting. The balance of the oil money — about N3.8trillion — was withheld and spent by the NNPC … Continue reading NNPC GENERATED N8.1 TRILLION IN THREE YEARS, GAVE NIGERIA N4.3 TRILLION, POCKETED THE BALANCE
The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, on Saturday, said there was no truth in the claim by Saraki that he stepped down for President Buhari in the APC presidential race. Adesina, in an interview with one of our correspondents, said the issue of stepping down did not arise because … Continue reading SARAKI DID NOT STEP DOWN FOR PRESIDENT BUHARI-PRESIDENCY
The president of the Senate, Abubakar Bukola Saraki has described the emergence of Senator Ike Ekweremadu as the deputy Senate president of the 8th Senate as painful and regrettable, saying no true party member would want to share his position with a member of other parties. Blaming the absence of some All Progressives Congress (APC) … Continue reading I REGRET EKWEREMADU’S EMERGENCE- SARAKI
The Federal Government has started tracing looted Nigerian funds to foreign nations with the aim of recovering and repatriating them. The Federal Government specifically targets the United States, the United Kingdom, France, Switzerland and other European jurisdictions where it believes corrupt officials have been stashing public funds. This move came on the heels of the declaration … Continue reading PRESIDENT BUHARI TRACES LOOTED FUNDS TO UK, SWITZERLAND OTHERS
The All Progressives Congress member in the House of Representatives, Nasiru Sani Zangon Daura, representing Zango/Baure Federal Constituency of Katsina State, has issued a press statement on the physical battle that ensued in the Green Chamber during plenary on Thursday. At the plenary, the tension and divided interest among the legislators led to a … Continue reading WHY WE EXCHANGED BLOWS DURING THURSDAY ’S PLENARY -Hon.Nasiru Sani Zangon Daura
The House of Representatives descended into full blown crisis Thursday as rancorous members disrupted its session and physically assaulted each other over the election of House principal officers. The House broke into two factions, one supporting the ruling All Progressives Congress, APC, which seeks to choose the House principal officers, and another, backing the the … Continue reading Commotion at National Assembly
President Muhammadu Buhari Tuesday in Abuja assured State Governors that the days of impunity, lack of accountability, and fiscal recklessness in the management of national resources are over in Nigeria. Speaking at a meeting with the Governors in the Presidential Villa, President Buhari also vowed that funds stolen by government officials who abused their offices in the recent past will be … Continue reading Buhari Vows To Recover Billions Of Dollars Stolen By President Jonathan And His Ministers In The Next Three Months
President Muhammadu Buhari has painted a gloomy picture of the Nigeria his new government is battling to reshape, saying he met an almost empty treasury and huge debts left behind by his predecessor. At a meeting with state house reporters Monday, the first since his inauguration three weeks ago, the president said it was embarrassing … Continue reading JONATHAN LEFT HUGE DEBT, VIRTUALLY EMPTY TREASURY FOR US- PRESIDENT BUHARI
THE Movement for the Emancipation of the Niger Delta, MEND, has warned that it could resume hostilities should the 8th National Assembly fail to check the ridiculous salaries/ allowances of lawmakers at the detriment of other Nigerians. The spokesperson, Jomo Gbomo, in a statement, said, “The Movement for the Emancipation of the Niger Delta (MEND) … Continue reading LAWMAKERS’ JUMBO PAY -MEND THREATENS TO RESUME HOSTILITIES
The senator representing Bauchi South Senatorial District, Ali Wakili, has pledged to champion the reversal of the federal government automobile policy that led to increment in tariff on imported second-hand (also called tokunbo) vehicles. The Jonathan administration introduced the Nigeria Automotive Industry Development Plan in 2013 to ensure increased local manufacture of vehicles and limit … Continue reading JONATHAN’S POLICY ON TOKUNBO CARS MUST BE REVERSED- SENATOR
