The House of Representatives has passed a motion, urging the executive to stop the operations of all refineries in Nigeria due to the huge debts being incurred despite the fact that they are barely functioning. The motion was passed on Wednesday. It pointed out that the inability of the refineries to serve local consumption is […]
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Shocking revelations were introduced to the one percent payment sage allegedly authorized by the Central Bank Governor, Godwin Emefiele, as the apex bank boss, shocked the Senate that he was not aware of any remittance charge placed on every transfer into the Treasury Single Account (TSA) by REMITA. He claimed he became aware of it […]
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The House of Representatives on Thursday passed a record 130 bills for first reading in less than 30 minutes, the first time since the return of democracy in 1999. Normally at first reading, the Speaker only invites the House clerk to read the short title of any newly introduced bill, after which it will be […]
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The letter from the Former finance minister, Ngozi Okonjo-Iweala, demanding transfer of Late Sani Abacha’s loot to former NSA, Sambo Dasuki
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Former Super Eagles coach Stephen Keshi has lost his wife Kate to untimely death, he has confirmed to Completesportsnigeria Keshi who is currently in the USA told Completesportsnigeria that his late wife has been ill for a while before giving up the ghost on Wednesday. “She was ill for a while now and I’m still […]
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Socio-Economic Rights and Accountability Project, SERAP has asked former Minister of Finance Ngozi Okonjo Iweala to “apologise to Nigerians for claiming recently that recovered Abacha loot was transparently spent while she knew that $322m (about N63billion) recovered Abacha funds were inappropriately released to finance the fight against Boko Haram.” SERAP’s statement today followed Mrs Okonjo-Iweala’s […]
Read More The banking sector recorded 5,917 cases of fraud involving the sum of N11.98bn in the first half of this year, statistics obtained from the Central Bank of Nigeria have indicated. The figures are contained in the CBN’s Financial Stability Report, a copy of which was obtained by our correspondent in Abuja. The report stated that […]
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The Federal Government on Wednesday finally approved the payment of N407.07bn as fuel subsidy to oil marketers. The payment was confirmed by the Minister of Finance, Mrs. Kemi Adeosun, through a statement signed by the Director of Press, Ministry of Finance, Mr. Marshal Gundu, ThePunchNg report. The payment, according to the statement, includes arrears from […]
Read More The Lagos State Government has shut down no fewer than 53 churches, mosques and hotels across the state over noise pollution and other environmental offences, ThePunchNg report. Some of the sealed worship centres were accused of converting residential apartments to places of worship, which according to the government has been constituting nuisance to other residents. […]
Read More The Senate President, Dr. Bukola Saraki, yesterday, responded to criticisms trailing the Bill on Frivolous Petition that has passed the Second Reading at the Senate, saying any part of the bill that does not conform to human rights will be removed VanguardNgr report. Speaking on the sidelines of Lagos Business School Dinner at which he […]
Read More Minister of Power, Works and Housing, Mr Babatunde Fashola, has disclosed that the former ministry of works owed 206 contractors over N2 trillion, of which only N13 billion was released to the ministry out of the N18.132 billion it budgeted for. Speaking Tuesday during his maiden news conference tagged “Setting the Agenda for Delivering Change,” […]
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As predicted, last Saturday’s governorship election in Bayelsa State lived up to its billing. It was not only volatile. It was bloody. Violence erupted in almost all the local government areas and allegations and counter allegations of rigging, ballot box snatching and other irregularities characterised the process. It was an election that was far from […]
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