SWF: Govs threaten to dump out-of-court settlement deal
Plans by the Federal Government to transfer $1 billion from the Excess Crude Account to a new account to be known as the “Sovereign Wealth Fund,” may have met a brick wall, as Governors of the 36 states of the Federation, have threatened to dump the out-of-court settlement deal.
PDP vows to field candidate for Ondo guber poll
IBADAN—CONTRARY to reports, the Peoples Democratic Party, PDP, in the Southwest has said it will not form alliance with any party in the forthcoming Ondo State governorship election.
Petroleum Minister inaugurates Africa’s largest oil vessel in Delta
WARRI – THE Nigerian local content got a boost, weekend, as Petroleum Minister, Mrs. Diezani Alison-Madueke, inaugurated Africa’s largest oil vessel in Warri, Delta State.
Senate reverses self, discharges arrest order on IGI MD, others
SIX days after the Senate issued warrant of arrests on the Managing Director and management of Industrial and General Insurance Company, IGI, the upper legislative chamber has revoked the order.
Bomb blast: Narrow escape for four persons,suspected bomber
Night activities in the ever busy Bayan Gari area of Bauchi metropolis may never be the same again. This is sequel to a bomb blast which rocked the town recently.
Enugu guber poll: Court decides Chime’s fate today
A Federal High Court in Abuja will today deliver judgement on a suit seeking to sack Governor Sullivan Chime of Enugu State from office on grounds that he was not validly nominated to contest in the last general election.
Probe retired generals, Catholic Bishop urges Jonathan
ILORIN — The Catholic Bishop of Ilorin Diocese, Most Rev. Ayo Maria Atoyebi, has asked the Federal Government to investigate allegations that some retired generals were sponsoring the activities of bombers in the country.
Six alleged kidnappers arrested in Edo
BENIN – Six persons who allegedly abducted a 50-year-old woman in Benin City, Edo State, have been arrested by the police in the state.
Delta to prosecute youths, community leaders over restiveness
GOVERNOR Emmanuel Uduaghan of Delta State has said that youths, communities and traditional rulers, who go about disrupting development projects in their communities while demanding development fees or settlement, will henceforth be prosecuted.
Families of slain corps members blast FG
OSOGBO – FAMILIES of the two corps members from Osun State killed after the 2011 Presidential Election, weekend, decried the failure of the Federal Government to redeem the N5 million promised each of them one year after, appealing to President Goodluck Jonathan to intervene.
Financial inclusion is beyond microfinance – Jaiyeola
Nigeria should look beyond micro-finance institutions to achieve the goal of financial inclusion and poverty reduction says Mr. Laoye Jaiyeola, immediate past president, Chartered Institute of Bankers of Nigeria (CIBN).
