The Edo State Governor Adams Oshiomhole yesterday said former Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, should be joined in the probe of the $2billion arms procurement scandal. The governor said the arms deal scam linked to the former National Security Adviser (NSA), Sambo Dasuki, is a tip of the […]
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Former Minister of Finance Ngozi Okonjo-Iweala approved the transfer of N61.4 billion ($300 million and £5.5 million) from the recovered Abacha loot to the Office of the National Security Adviser (ONSA) a few weeks to the 2015 presidential election, according to documents quoted by an online medium. The funds were not appropriated before being transferred, […]
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The former Minister of Finance Ngozi Okonjo-Iweala yesterday confirmed that she approved the transfer of $322 million Abacha loot to former National Security Adviser (NSA) Sambo Dasuki to prosecute the fight against Boko Haram. But she said it was a loan. The Nation reported that Dr. Okonjo-Iweala has been under attack, mainly from Edo State […]
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Investors and members of the Manufacturers Association of Nigeria (MAN) in the agricultural sector have called on the Minister of Agriculture, Chief Audu Ogbe to help in the reversal of forex policy by the Central Bank of Nigeria (CBN). The forex policy of the CBN included one of MAN’s most important raw materials, Crude Palm […]
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A former Director-General of the Nigeria Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, yesterday told the Federal High Court in Lagos that he did not interfere with procurement process at the agency. Omatseye, who has been on trial for contract rigging since 2010, spoke while being cross examined by counsel for the Economic and […]
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A Wuse Zone 2 Magistrates’ Court in Abuja on Wednesday sentenced a 27-year old unemployed graduate, Mukaila Akanni, to one month imprisonment for stealing a laptop at the American Embassy in Abuja. Magistrate Fatima Bukar convicted Akanni of Peace Village, Lugbe, Airport Road, after he pleaded guilty to the charges leveled against him VanguardNgr report. […]
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The popular saying that the teachers’ reward is in heaven to justify their suffering on earth is no longer the case in Ebonyi State as the state Governor, Dave Umahi has vowed that the state government would henceforth pay teachers’ salaries on the 15th of every month.“Over the years, various state and Federal Governments had […]
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Nobel Laureate, Prof. Wole Soyinka, says he does not regret supporting President Muhammadu Buhari during the electioneering, adding that Nigeria would not have survived four more years of former President Goodluck Jonathan’s rule ThePunchNg report. Soyinka added that the revelation of stolen loot such as the arms purchase fraud justified his position that Nigeria was […]
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The Economic and Financial Crimes Commission on Wednesday arraigned a former Chairman of DAAR Communications Plc, Chief Raymond Dokpesi, before a Federal High Court in Abuja on six counts of money laundering and procurement fraud related charges. According to ThePunchNg, Dokpesi who was arraigned along with his firm, Daar Investment and Holdings Ltd, pleaded not […]
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According to The Nation, The Economic and Financial Crimes Commission yesterday arraigned Onwuasonya Augustine and five others at the Federal High Court in Lagos for allegedly swallowing $115,000 in a bid to conceal it. He was charged for alleged money laundering with Christian Okoli, Kingsley Nwokenta, Nwokenta Emmanuel, Ezenwa Ikenna and Ezenwa Uzoma. The EFCC […]
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According to the executive Chairman of Borno State Universal Basic Education Board (SUBEB), Shettima Bukarkullima, said yesterday that over 512 schools have been destroyed and 350 teachers killed by Boko Haram over the years, TheSun Report. He said when the figure is translated to classrooms; the terrorist group has destroyed over 1,000 classrooms with instructional […]
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Group Managing Director of the United Bank for Africa, UBA, Mr. Philip Oduosa, has advised that Nigerian youths be equipped with investment education as the way to take the country out of the woods. Oduoza, who stated this during the award ceremony of the bank’s fifth edition of the bank’s annual essay competition held at […]
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