Sanusi dragged to court over alleged N50bn fraud

Shareholders of the defunct Intercontinental Bank Plc, yesterday, dragged the suspended governor of the Central Bank of Nigeria, CBN, Mallam Sanusi Lamido Sanusi ,before a Federal High Court in Abuja, accusing him of complicity in an alleged N50billion fraud. In a suit they entered through their lawyer, Chief Chris Uche, SAN, the plaintiffs, including Abdullahi…

A Jerry Rawlings solution for Nigeria

AS the crème de la crème  of the Nigerian intelligentsia are currently gathered in Abuja to craft a new roadmap for the country’s political future, there is a very popular option for solving the country’s problem that you can be sure they will not be discussing because many of them are politicians.  That option regularly…

FG moves to privatise refineries

The Federal Government appears set to privatise the nation’s four refineries in Port-Hacourt, Warri and Kaduna. Mr. Ben Dikki, the Director-General of the Bureau of  Public Enterprises, BPE, announced this at a briefing in Abuja, yesterday. He said however, that his team would first secure the cooperation of  labour leaders, especially in the oil industry…