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Why grains importation won’t happen soon – Stakeholders

There may be delay in  implementation of the zero-tariff grains importation policy of the federal government as Financial Vanguard reliably learnt at the weekend that the Nigeria Customs Service (NCS) is yet to receive a comprehensive list of the firms to select for participation in the intervention programme.
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FUEL SUBSIDY REMOVAL: Our offer – FG

Following mounting opposition to the planned removal of fuel subsidy, the Federal Government declared yesterday that the plan is not yet a done deal as talks with various stakeholders were ongoing, even as it stated that no date has been fixed for take-off of the removal of the subsidy.

SWF: Govs drag FG to S-Court

Governors of the 36 states of the federation, yesterday, initiated fresh legal war against the Federal government over the proposed creation of a Sovereign Wealth Fund.

Fuel subsidy removal: World Bank chief cautions Jonathan

As the battle line appears drawn between advocates of the withdrawal of fuel subsidy and those opposed to it, the World Bank Vice President for African Region, Dr Oby Ezekwesili, has stressed the need for government to tackle the supply structure of fuel before implementing the policy.

N40bn scam: Bankole, Nafada lose bid to stop trial

An Abuja high court sitting at Apo, yesterday, declined to quash the 17-count criminal charge that was preferred against the former Speaker of the House of Representatives, Mr. Dimeji Bankole and his erstwhile Deputy, Usman Nafada Bayero, by the Economic and Financial Crimes Commission, EFCC.

Gaddafi’s bloody end

MERCURIAL and boastful Libya’s deposed leader, Col. Muammar Gaddafi met his Waterloo yesterday when he was cornered in a roadside tunnel in his hometown, Sirte, where he was captured and shot in the head, to terminate his 69 eventful life on earth.

BUDGET 2011: Why we stopped Jonathan – Tambuwal

THE Speaker of the House of Representatives, Alhaji Aminu Tambuwwal, yesterday revealed why the House of Representatives rejected President Jonathan’s request to alter the approved 2011 budget three months to the end of the fiscal year 2011.

States, FG at war over allocation

The 36 states of the federation and the federal capital territory have rejected the September allocation from the federation account as a result of illegal deductions from states by the federal government and the un-remitted funds from NNPC into the federation account.

We didn’t okay subsidy removal – OPS

THE Federal Government will face tough times pushing through its planned removal of fuel subsidy as from next year, if the stance of labour, employers and some stakeholders is anything to go by.

Fuel subsidy removal: Labour threatens mass uprising

THE Nigeria Labour Congress, NLC, has advised the Presidency to cut social spending and jettison its planned fuel subsidy removal to avoid the wrath of Nigerians and save the nation from social uprising. It warned that indices that gave rise to the uprising in North Africa and the Arab world were everywhere in Nigeria.

Single Term: North Moves Against Jonathan

The North is strategising ahead of the constitutional amendment to pave the way for the seven-year single tenure for the president and governors proposed by President Goodluck Jonathan to ensure that part of the country is not shortchanged, Sunday Vanguard has learnt.

N58bn scam: Gbenga Daniel gets N500m bail

Reprieve has eventually come to the embattled former governor of Ogun state, Gbenga Daniel as the state High court sitting in Isabo, Abeokuta yesterday granted him the bail with N500 million with two sureties in the like sum.

Arrest of The Nation editors: We acted on OBJ’s petition – IG

Inspector General of Police, Hafiz Abubakar Ringim explained yesterday that the police arrested four editors and three non-editorial staff of The Nation newspapers following a complaint lodged by former President Olusegun Obasanjo who alleged that a letter purportedly written by him to President Goodluck Jonathan which was published by the newspaper was forged.

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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