Jonathan spends N260bn on 30,000 ex-militants

The Federal Government has spent at least N260bn on ex-Niger Delta  militants between 2009 and 2013 through both the amnesty programme and  oil pipeline protection deals, SUNDAY PUNCH investigations have shown. About N248bn has been spent through the amnesty programme to pay  monthly stipends to ex-militants and on their training, both in the  country and abroad.…

Nigeria in war situation —Aregbesola

 Governor Rauf Aregbesola of Osun State has declared that the Federal Government was waging war against its citizens with the reduction in the monthly allocations to states and local governments. Speaking, yesterday, in Ejigbo, Osun State, at the commencement of a retreat organised for members of the state House of Assembly on the 2014 Budget,…

Naira vows to die with Nigeria despite interventions stocks remained decline.

Nigeria’s central bank said it has adequate reserves to keep  defending the naira as the slumping currency prompted a selloff of the  country’s stocks, with the all-share gauge posting the world’s worst  performance today. “There is a great need to defend the currency because we don’t want  volatility,” Central Bank of Nigeria Deputy Governor Sarah Alade…