Citizens Watch Nigeria (CWN), a Civil Society Organisation has stated that the immediate past Chief of Defence Staff (CDS), Alex Sabundu Badeh’s hands are clean in the 10 court charges of corruption preferred against him by the Economic and Financial Crimes Commission, EFCC at the Federal High Court Abuja.

Mexico became the first country to arrive Lagos for the ITTF Premier Lotto Nigeria Open, as France-based duo of Salvador Uribe and Mercedes Madrid touched down aboard an Air France flight in Lagos.

President Muhammadu Buhari, has explained that the nation was developing a dynamic tax system that would become formidable source of funding government budgets and programmes as part of the administration’s efforts to diversify the economy from over dependence on oil.

“…every Nigerian is now sober. The governors have realized now that this can happen and that oil prices can plummet from $100 to $28 within a short period of time, and that we can be so exposed that we can’t even pay salaries…”So there is a sobriety that has come in. So, we are working with the states and we are not bailing them out. We have said to them that we have a fiscal restructuring plan…”Whatever we are doing will be conditional. Mrs Adeosun, Federal Minister of Finance, May 5, 2016.

In the wake of deregulation of petrol prices under Obasanjo in 2004, and the unfolding anxiety of Labour and the Nigerian public on the adverse impact of rising fuel prices, this column published two articles titled “The Mother and Father of Fuel Prices”(22.11.2004) and “Only a Stronger Naira Will Stop Rising Fuel Prices”(22.08.2005) The solution proposed in both articles remain solidly valid today as it was over 12 years ago; for this reason, a summary of both articles is again presented in the hope that the authorities will one day heed our counsel and resolve our dilemma.