Politics

A report has said 15 states in Nigeria may go bankrupt as their Internally Generated Revenues (IGR) in 2015 were far below 10% of their Federation Account Allocations (FAA) in one year from June 2015 to May 2016. ‎An investigation by the Economic Confidential, further indicates that the IGR of …

‎A federal high Court has ordered AMCON to take over Senator Ben Bruce’s Silverbird Galleria in Lagos over N11Billion Debt. The Galleria has been shut down.More photos below… ‎    

Fresh facts have emerged into the seizure of Zenith Bank account belonging to Ekiti State governor Ayodele Fayose by the Economic and Financial Crimes Commission (EFCC) on Monday. A credible source within the financial institution who did not want his identity revealed because it was against the ethics of his …

Facts are at last coming out of how Governor Ayodele Fayose stole Ekiti State money and kept it in the accounts of trusted cronies after putting them on oath. Informed sources told The Monitors that Fayose stole from many sources in a heartless raid on Ekiti State resources to amass …

The personal account of the Governor of Ekiti State, Mr Ayodele Fayose and that of his associates have been frozen by the Economic and Financial Crimes Commission(EFCC). Fayose Speaking at the premises of Zenith Bank, Ado-Ekiti, where he had his personal account, the governor claimed that he had gotten winds …

Governors of Nigeria’s 36 states are seeking to access about $3.2 billion from the World Bank to curtail the fiscal challenge faced across the states, the governors’ forum has said. The revelation was made on Thursday morning by some of the governors after their meeting at the Banquet Hall of …

The Senior Special Assistant on Media and Publicity, office of the Vice President, Mr. Laolu Akande has stated that more than 8 million Nigerians would benefit from the diverse social investment programmes in the 2016 budget spending in terms of job opportunities as well as would be a ready-made palliative …

Two factions of Peoples Democratic Party (PDP), have commenced sale of nomination forms to aspirants wishing to contest the local government elections in June in Adamawa The former executive under Chief Joel Madaki has been selling the forms to aspirants. Similarly, the new executive that emerged last week under Alhaji …

Nigerians, who have laid their hands on the telephone numbers of lawmakers representing them at the Senate, have declared a telephone war on their senators by bombarding their lines with unending calls and text messages. Those who have called senators representing their senatorial districts accused the lawmakers of poor performance …

The secret distribution of the first batch of the brand new 108 Sport Utility Vehicles to 36 senators last Thursday has started generating tension and ill-feelings among members of the upper chamber. Investigations by our correspondent revealed that each senator from the 36 states had collected the keys to the …