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Subsidy divides Senate

The proposed removal of fuel subsidy by President Goodluck Jonathan has divided the Senate. The sharp division occurred yesterday on the floor of the Senate even as they all resolved to probe the Nigerian National Petroleum Corporation, NNPC and the Ministry of Finance for allegedly overshooting oil subsidy funds from N240 billion appropriated in the 2011 budget by the National Assembly to N1.2 trillion

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EFCC holds on to ex-govs

THE immediate past Governor of Oyo State, Otunba Adebayo Alao Akala, the Deputy Senate Leader, Senator Hosea Agboola and a contractor, Mr. Femi Babalola were arraigned yesterday in Ibadan on an 11 count charge of conspiracy, illegal acquisition of property and illegal award of contracts by the Economic and Financial Crimes Commission, EFCC.

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Post-election violence: FG panel report indicts Buhari

THE Presidential Committee on Post-Election Violence in parts of the country, yesterday submitted its report stating that Congress for Progressive Change, CPC, Presidential Candidate, Major General Muhammadu Buhari’s provocative remarks played a role in the bloody violence that led to the death of 10 members of the National Youth Service Corps, NYSC, and hundreds of others after last April’s presidential polls.

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