Failed Country: Obasanjo’s failed eight years in power and Yar’Adua’s sick three years in power are the benchmarks that Jonathan has surpassed and proud of – PDP.

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By TAIWO AMODU, ABUJA•Alleges APC bent on truncating democracy The Peoples Democratic Party (PDP) said yesterday that no administration in Nigeria’s history has achieved the feat of the Jonathan administration despite its enormous security challenges.Reacting to the declaration of the opposition All Progressives Congress (APC) that a fresh term for President Goodluck Jonathan in next year’s…

Confab: Rift over Biafran oil revenue derivation deepens

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By IHEANACHO NWOSU and FRED ITUA, Abuja•Fresh negotiations deadlock, confab reconvenes Monday  The rift between Northern and Southern delegates over derivation deepened yesterday, forcing the conference to adjourn abruptly for the second consecutive day.The standoff, which started on Wednesday took a more damning twist, as delegates engaged in a shouting match, frustrating several attempts by…

Nigeria Senate upholds report on $49.8b oil cash

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Senate President David Mark yesterday faulted the National Assembly for not carrying out its oversight duties diligently before former Governor of the Central Bank of Nigeria Sanusi Lamido Sanusi, raised the alarm. Sanusi accused the Nigerian National Petroleum Corporation (NNPC) of failing to remit $49.8billion oil revenue to the Federation Account. Mark spoke during the…