Former First Lady, Dame Patience Jonathan, has written a letter the Acting Chairman of the Economic and Financial Crimes Commission (EFCC) explicating that the $31.4 million connected to the financial fraud levelled against Mr. Waripamo Dudafa by EFCC was for the payment of the medical bills she incurred in London in 2013. …
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Dr. Ngozi Okonjo-Iweala, Minister of Finance and Co-ordinating Minister for the Nigerian Economy under immediate past president of Nigeria, Goodluck Jonathan, has blamed the administration under which she served as responsible for the current economic challenges being suffered by the country. She said the Jonathan’s administration lacked the political will …
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The Federal High Court in Abuja has granted bail to the former Chief of Defence Staff, Air Marshal Alex Badeh (retd), to the tune of N2billion. Badeh is facing trial over allegation that he diverted about N3.9billion from accounts of the Nigerian Air Force within 2013. In a ruling this …
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The Federal Government’s insistence not to devalue the naira yesterday saw the local currency firming sharply on the parallel market against the greenback. The naira closed at between N300 and N310 to dollar, regaining about 20 per cent of its Tuesday’s N364 to dollar closing rate. The rates had opened …
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APC National Chairman, John Odigie-Oyegun yesterday said internal sabotage in the government agencies mainly filled by PDP appointees was the reason behind the sack of 26 Director Generals of government parastatals by President Buhari on Monday February 15th. Oyegun disclosed this to State House correspondents after leading the party leadership …
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Former Minister of Finance, Dr Ngozi Okonjo-Iweala has dismissed allegations making the rounds that EFCC is investigating her as misleading and untrue. Okonjo-Iweala In a statement issued and signed by her Media Adviser, Paul Nwabikwu, the former Minister said the headlines are a misrepresentation of what the EFCC chairman actually …
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The two arms of the National Assembly, NASS, declared, yesterday, that the 2016 budget was full of errors, saying the document could no longer be passed on February 25 as earlier promised. This came on a day the Senate Committee on Gas Resources rejected the N200 million allocation demanded by …
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An inside source within Akwa Ibom State Government has spoken to SaharaReporters about a shady deal Governor Udom Emmanuel and his predecessor, former Governor Godswill Akpabio, struck with justices of the Supreme Court of Nigeria prior to the apex court’s judgment on Wednesday February 3, 2015 validating the state’s …
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Linda Ikeji, the ‘controversial’ Nigerian blogger recently bought a house in High brow Banana Island, in Ikoyi, Lagos state that sets her apartby over N500 Million. Reports have surfaced that the property in Banana Island that popular blogger, Linda Ikeji has been ‘flaunting’ as hers, is still being listed as ‘available …
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THE All Progressives Congress (APC) in Rivers State has described the Supreme Court verdict that upheld the election of Governor Nyesom Wike as a temporary setback. The Supreme Court had on Wednesday affirmed Wike’s election, insisting that the governor’s appeal against the nullification of his election was meritorious. But the State …
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