NORTH1

CBN why Nigeria has not developed

The Central Bank of Nigeria, CBN, has said high level corruption, inadequate infrastructure and rising unemployment, among others, in the country have been the bane of development. The CBN also stated that in spite of the impressive macro-economic performance, it has failed to translate to development. The Deputy‑ Governor (Operation), Mr. Tunde Lemo stated this…

President-Jonathan-Diezani-Okonjo-Iw

Account for ‘missing’ $5bn excess crude money, nPDP challenges FG

THE Abubakar Baraje-led splinter group of Peoples Democratic Party, PDP, has challenged the Federal Government to, as a matter of urgency, account for the $5 billion which has allegedly disappeared from the nation’s Excess Crude Account, ECA, warning that the revelation must not be swept under the carpet. According to the group, “the current administration…