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.
$3m Subsidy bribe scandal: I won’t talk in secret, Otedola tells Reps
Oil magnate Femi Otedola, yesterday, appeared before the House of Representatives Committee on Ethics investigating the $3 million cash for clearance scandal but refused to speak in protest against the committee’s decision to hear him in secret.
Oil SUBSIDY: Banks disown N12.2bn claims by marketers
The federal Government committee on fuel subsidy verification has discovered that eight oil marketers in identified 13 transactions made total subsidy claims of N12.154 billion for which the banks denied financing.
THE BIG KEROSENE FRAUD: Depot owners buy at N41, sell @ N125
Nigerians have been forced to pay as much as N150/litre of kerosene instead of the government subsidised rate of N50 because the Nigerian National Petroleum Corporation, NNPC, chose to sell kerosene to depot owners rather than retail outlet owners as required of it.
14 Years After Abiola’s Death: Obasanjo seized MKO’s oil concession – Kola Abiola
The Federal Government owes the late Bashorun Moshood Kashimawo Olawale Abiola, the undisputed winner of the June 12, 1993 presidential election, over $350 million, it has been revealed.
BOKO HARAM: Dialogue still remains the best option – NSA
THE newly appointed National Security Adviser, NSA, Col. Sambo Dasuki, rtd, has said that dialogue with the members Jamaatul Ahlis Sunnah lid Daawa wal Jihad popularly known as Boko Haram still remains the best option for peace to be restored to the North and other parts of the country.
7 feared dead as flood sweeps Lagos
Residents of Lagos State were, yesterday, enveloped by flood following heavy downpour that started Wednesday night.
Senate wants special courts for terrorists
THE Senate, yesterday, called on the Federal Government to immediately set up Special Courts for terrorism crimes if activities of members of the Boko Haram sect that have been engaging in bombings leading to massive loss of lives and wanton destruction of property must end.
FG sacks NNPC GMD, board
THE gale of change unleashed by President Goodluck Jonathan last week to rev up his administration which saw the removal of his erstwhile National Security Adviser, Gen. Andrew Azazi, hit top gear, yesterday, sweeping theNigerian National Petroleum Corporation. In one fell swoop he retired the entire management team led by Mr Austen Oniwon.
TERRORIST ATTACKS: Foreign diplomats cry out for protection
Following increasing wave of terrorism in the country, foreign diplomats, yesterday, cried out to the Federal Government for protection.
Why I sacked Azazi – Jonathan
President Goodluck Jonathan, yesterday, evening stated the reason for the sack of his erstwhile National Security Adviser, Gen. Andrew Azazi, saying it was to conform with the changing tactics of the Boko Haram insurgency.
