About $2.9bn (N571bn) is being lost annually by the Federal Government to tax incentives given to some companies operating in the oil and gas sector under the Nigerian Liquefied Natural Gas consortium.
BENIN—GOVERNOR Adams Oshiomhole of Edo State, yesterday, regretted that the current tension in the Niger Delta was created by the immediate past Peoples Democratic Party, PDP-led administration through the empowerment of people he described as “wrong guys who showed capacity for violence.
The world received with joy, last week, news of the end of the world’s deadliest Ebola fever outbreak which took the lives of 11,000 people and triggered panic across the globe. The World Health Organisation (WHO), gave Liberia, the last bastion of the pandemic, a clean bill of health and proclaimed the Ebola war over.
The national leadership of the Labour Party (LP) has asked the Nigerian senate to ensure that all those behind the submission of two versions of the 2016 appropriation bill are exposed and punished.
The Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN) has said that “corrupt judges will go to jail as the government of President Muhammadu Buhari will actively promote and ensure that corrupt judges are prosecuted and their illegally acquired assets are returned to the state.
KWARA State Police Command yesterday paraded 11 suspects over Monday’s gruesome murders of a car wash centre owner, Alhaji Bayo Ajia and a middle-aged man Bukola Ajikobi in Ilorin.
President Muhammadu Buhari yesterday in Abu Dhabi said Nigeria has made very significant progress towards ending Boko Haram insurgency since his assumption of office on May 29 last year.
Justice Ibrahim Buba of the Federal High Court in Lagos yesterday heard how former director-general of the Nigerian Maritime Administration and Safety Agency (NIMASA), Patrick Akpobolokemi and his co-accused used the account of a fashion designer, Chukwuemeka Onuoha, to siphon over N546,802,000 million from the coffers of the agency.
The trial of Peoples Democratic Party (PDP) spokesman Olisa Metuh for alleged fraud and money laundering will begin on Monday at a Federal High Court in Abuja, Justice Okon Abang ruled yesterday.
But he admitted him to bail at N400million and two sureties with Abuja property.
The Minister of Information and Culture, Alhaji Lai Mohammed, has said that President Muhammadu Buhari would still be able to run the country efficiently even if oil price falls as low as $5 per barrel and if all financial leakages can be blocked successfully.