THE Attorney General of the Federation and Minster of Justice, Mr. Abubakar Malami, on Tuesday, disclosed plans by the Federal Government to engage acclaimed consultants in its bid to recover another $750m looted and stashed away by a former Head of State, the late Gen. Sani Abacha. He stated that another £6.9m loot, held by […]
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The Monetary Policy Committee of the Central Bank of Nigeria on Tuesday warned Nigerians to brace for a longer period of low revenue from oil sources, which would necessitate hard and uncomfortable choices. The committee, in a communique issued at the end of its first meeting for the 2016 fiscal period in Abuja, observed that […]
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KWARA State Governor, Abdulfatah Ahmed, has said that the slide in crude oil price can translate into a big blessing that will bring good tidings to Nigeria if the country uses the opportunity to develop its potential in the non-oil sectors to develop the nation. Ahmed said this in a statement issued after he received […]
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DR. Tunde Banuso, a former Chief Medical Director, State Hospital, Ota, Ogun, has advised the Federal Government to establish well equipped medical centres in various hospitals across the country. Banuso, who gave the advice in Ota on Tuesday in an interview with the News Agency of Nigeria (NAN), said that such centres would be useful […]
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SEVERAL years after he allegedly jumped bail in the United Kingdom, former Plateau State governor, Joshua Chibi Dariye, is still wanted in that country in relation to a money laundering case for which he was arrested and detained briefly by the London Metropolitan Police in 2004. A detective with the Economic and Financial Crimes Commission […]
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IT was learnt yesterday that the rehabilitation of the Lagos-Ibadan Expressway suffered a setback because the Federal Government failed to respond to demand for arbitration by Bi-Courtney Highway Services Limited. Sources said the Minister of Works, Mr. Babatunde Fashola (SAN), has stepped into the deadlock and the government may revisit the arbitration. The Federal Government, […]
Read More The Secretary to the Government of the Federation (SGF), Babashir David Lawal, on Tuesday said the current anti-corruption war by President Muhammadu Buhari is within the Nigerian law. There have been accusation that the government was selective and not following due process in the campaign against corruption. But speaking in his office in Abuja during […]
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PROPERTY said to belong to former National Security Adviser (NSA) Sambo Dasuki was at the weekend confiscated by the Economic and Financial Crimes Commission (EFCC) in Kaduna. Dasuki, NSA to former President Goodluck Jonathan, is at the centre of a massive investigation into the alleged misapplication of about $2.1 billion meant for the procurement of […]
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ELDEST son of the late Olubadan of Ibadan, Oba Samuel Odulana, Prof Femi Lana, yesterday said his father was the fourth longest-serving monarch of the ancient city. Lana, who spoke when he hosted the management of the University of Ibadan (UI), led by Prof Idowu Olayinka, at the Monatan home of the late Oba, said […]
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The Deputy National Leader of the Northern Elders Forum, Dr. Paul Unongo, has said that former President Goodluck Jonathan should be probed over the $2.1bn arms deal. According to Punchng, Unongo, who was power and steel minister in the Second Republic, said the former President should be jailed if found to have corruptly enriched himself […]
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THE Nigeria Security and Civil Defence Corps (NSCDC), Kano State Command, said it had arrested three suspects for operating illegal petrol depot in the state. The State Commandant of the corps, Mr Aliyu Yusha’u, who disclosed this while addressing newsmen in Kano on Tuesday, said that the suspects were arrested at Dawanau market in Dawakin […]
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JUSTICE Raliat Adebiyi of a Lagos High Court sitting in Igbosere yesterday granted a former Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi, and four others bail of N20 million each in a N754,740,680 alleged fraud case. Akpobolokemi and six other employees of the agency were arraigned by the Economic and Financial Crimes […]
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