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Amnesty takes off amid confusion

THE amnesty promised militant groups in the Niger Delta by President Umaru Yar’Adua commences today amid confusion as the Movement for the Emancipation of the Niger Delta (MEND) has disowned its commander in charge of Bayelsa axis, General Boyloaf, who is already holding talks with the President in Abuja and relieved him of his position as its commander.

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Yar’Adua orders probe of Boko Haram leaders’ killing

ABUJA — FOLLOWING allegations that Mohammed Yusuf, leader of the religious sect, Boko Haram, was hurriedly killed after he was earlier captured alive in order to shield his sponsors who are influential members of the society, President Umaru Yar’Adua yesterday directed the National Security Adviser (NSA) to carry out a full scale investigation into the matter.

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Amnesty: Militants demand N3bn for arms

“The FG shall pay N300,000 per an AK47 and two magazines.
“The Federal Government shall construct sustainable three bedroom flats at low cost. The buildings which must be constructed in their places of choice within the Niger Delta, shall be exclusively for militants and sundry youths who shall undertake to pay the cost due within ten years.”

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3 banks face CBN’s sanctions over Forex scam

Meanwhile, demand for foreign exchange in the official market has risen more than threefold since the introduction of WDAS on July 13. Analysis of the foreign exchange demand and sales in the six auctions conducted by the CBN before and after the introduction of WDAS shows demand for foreign exchange shot up by 351 per cent to $3.16 billion from $861.8 million.

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Opposition in fresh offensive against Yar’Adua

By Jide Ajani, Deputy Editor THE push for electoral reforms   launched in Abuja on Thursday by some prominent politicians in the country is not all about reforms, according to indications. Former Lagos governor, Ashiwaju Bola Tinubu; one-time speaker of the House of Representatives, Alhaji Ghali Na’Abba;  former national chairman of PDP, Chief Audu Ogbeh; former
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FG disowns Lukman over Petroleum varsity, Effurun …says no plan to move it to Kaduna

By Daniel Idonor Abuja – THE Presidency today broke its silence over the lingering controversy on the status of the Petroleum Training Institute (PTI), Effurun, Delta State, which was upgraded to a degree-awarding institute, by the former President Olusegun Obansanjo’s government; declaring that the Petroleum University remains in Effurun, as “there has been no reversal
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