As Nigeria is slipping deeper into the valley of insecurity, much of the momentum for economic breakthrough has been lost, in large part because of the increasing rate of oil theft, illegal bunkering and reckless vandalisation of pipelines across the country.

Following reports of incessant vandalisation of the Nigerian National Petroleum Corporation NNPC Pipelines which cost the country huge loss of lives and properties, Saturday Vanguard took a journey to a creek in 7thAvenue, FESTAC Town, Lagos where five of the culprits were apprehended by security agents.

…How billions are spent without being accounted for
Last week would not be the first time that the Public Accounts Committee, PAC, of the Senate would unearth massive reckless spending on the part of the executive arm of government. Since 2001, that committee of the Senate had always investigated and reported that huge sums of money were being frittered away.

Obviously shaken and scared, the presidency, with an incumbent who already seemed to have burnt his fingers too early in the governing of Africa’ most populous, diverse nation, midway to the end of first tenure in 2015, he is at daggers drawn with perceived political opponents in the same party.

THE issue of fare disparity by foreign airline operating in Nigeria has once again come to the front burner as Nigerians who travelled recently on these foreign airlines complained bitterly about paying higher fares than their fellow passengers from Ghana, for instance, on the same flight.