‘Eight hurdles PDP must quickly clear’

‘Eight hurdles PDP must quickly clear’

A CLEARER picture of what the feuding camps of the ruling Peoples Democratic Party, PDP, discussed at their Sunday’s make-or-mar meeting in Abuja emerged yesterday. To resolve the raging inferno, both camps, Vanguard gathered, identified at least eight thorny issues that must be amicably resolved. Some of the issues were ironed out through a joint resolution, a few were partially resolved and the very contentious ones that inflamed passions and on which the meeting couldn't reach an agreement were farmed out to a committee to be raised by the party to try and resolve them ahead of the October 7 rescheduled meeting.
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PDP crisis alters political calculations (1)

PDP crisis alters political calculations (1)

IF the on–going crisis in the Anambra State branch of the Peoples Democratic Party PDP, over who should be its flag bearer for the November 16 election is not resolved urgently, the party may make itself a bystander in the governorship race.

Dismiss N10.9bn theft charge, Nwosu, other Finbank directors tell court

Dismiss N10.9bn theft charge, Nwosu, other Finbank directors tell court

The former Managing Director of Finbank Plc, Okey Nwosu alongside three other directors of the bank, yesterday, asked a Lagos High Court sitting in Ikeja to dismiss the alleged N10.9 billion theft charge preferred against them by the Economic and Financial Crimes Commission, EFCC.

Dickson laments activities of crude oil thieves

Dickson laments activities of crude oil thieves

Bayelsa State governor, Mr. Seriake Dickson, yesterday, described as frightening, the ongoing environmental despoliation being perpetuated by crude oil thieves in the hinterland of the state.

Feeble effort to address unclaimed dividends

Feeble effort to address unclaimed dividends

Another major revelation in the various complaints of investors is that of attitude of regulators and market operators to the problem of unclaimed dividends. Severally, we have received complaints from investors, who have invested for years and they have never received dividend. Many of them want to collect their dividend and they had made attempts, but they were deliberately frustrated. A classical example is the complaint from Mr. Udenta Christopher, who said:

4 oil firms, 2 CEOs arraigned over N2.9bn fuel subsidy scam

4 oil firms, 2 CEOs arraigned over N2.9bn fuel subsidy scam

The last may not have been heard about the fuel subsidy scam by some oil companies as the Special Fraud Unit of the Nigeria Police Force, have charged four companies and two Managing Directors/Chief Executive Officers to court for allegedly obtaining N2.9 billion from the Federal Government under false pretence of importing petroleum products into the country.

Oil earnings dip by N36bn in Q2

Oil earnings dip by N36bn in Q2

The contribution of the oil and gas sector to the Nigerian economy declined significantly in the second quarter of 2013, as revenue accruable to the Federal Government from the sector dipped by N35.7 billion.

A Nation’s Blessing

A Nation’s Blessing

IF Blessing Okagbare, the 25-year-old Nigerian lady who is putting the country’s name on the global map, were a footballer, Nigerians would have appreciated her achievements more profoundly.

PDP crisis’ll not affect Senate – Ndoma-Egba

PDP crisis’ll not affect Senate – Ndoma-Egba

The National Assembly will resume today after its vacation amid fears that the crisis in the ruling Peoples Democratic Party may affect the leadership of the Senate as a result of its alleged loyalty to the embattled PDP National Chairman, Alhaji Bamanga Tukur. In this interview, Senate Leader, Chief Victor Ndoma-Egba, SAN, says the crisis will not in any way affect the leadership of the upper legislative body. He also speaks on the expectations of the people from the Senate and the best way to resolve the PDP crisis. Excerpts:

Vanguard Detty December