The Governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi has insisted that the Nigerian National Petroleum Corporation (NNPC) had no right retaining $10.8 billion oil revenue, saying it contributed to the drop in savings “that left the nation exposed to possible price shocks.”Sanusi who spoke in an interview with Bloomberg in Abuja,…
Abuja — After Nigerian President Goodluck Jonathan fired his top military chiefs this week, some analysts said it signified a failure of the old guard to beat Islamist militants in the north. Some say a fresh approach to the security crisis is one of several changes the president appears to be making ahead of elections…
Imo State Governor, Owelle Rochas Okorocha, has described the recent removal of Chief Victor Umeh, as the All Progressive Grand Alliance(APGA) National Chairman, by a Court of Appeal in Abuja as a blessing to the party.He stated that Umeh’s removal was a justification of the divine mandate given to him by the people of the…
Imo State Police Command said yesterday that 649 suspected kidnappers, 261 ‘baby factory’ operators and 503 suspected armed robbers were arrested in the last 12 months.Commissioner of Police Muhammad Musa Katsina, who briefed reporters on the achievements of the command last year, said the suspects are standing trial. He said the command lost three of…
The Youth Wing of Ohaneze Ndigbo has condemned the sack of the Chief of Army Staff, Lt-Gen. Azubuike Ihejirika, saying that it was calculated to marginalize Ndigbo in the appointment of new service chiefs.Ihejirika is one of the three service Chiefs sacked Thursdy by President Goodluck Jonathan and has been replaced with Major-General Kenneth Minimah.Others…
NATIONAL MIRROR – The Nigeria Governors’ Forum, NGF, has rejected the explanations offered by the Nigeria National Petroleum Corporation, NNPC, over the alleged missing $49.8 billion as contained in the letter by Central Bank of Nigeria, CBN, Governor, Sanusi Lamido Sanusi.The leakage of the letter has, however, created a gulf between President Jonathan and Sanusi…
THISDAY – The Northern Elders Forum (NEF) and the Northern Traditional Rulers Council (NTRC) rose from a meeting in Kaduna Wednesday alleging that ahead of next year’s elections, the federal government has masterminded the mass redeployment of heavy weapons from the Northern part of the country to the south for the purpose of rigging the…
Anambra State Governor Peter Obi yesterday hailed the Nigerian Army for contributing to nation-building.The governor spoke in Awka when he led other top government officials to lay wreaths at this year’s Armed Forces and Remembrance Day celebration.The ceremony, held at the Alex Ekwueme Square, climaxed the remembrance and Emblem Appeal Week.The wreath-laying exercise started with…
President Goodluck Jonathan has sacked all the service chiefs, who are statutorily the heads of the nation’s military apparatus.This was contained in the Twitter and Facebook posts by the Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, on Thursday.No reason was given for the changes.The post read, “President Goodluck Ebele Jonathan…
A Federal High Court sitting in Abuja, yesterday sacked the National Chairman of the All Progressives Grand Alliance, APGA, Chief Victor Umeh and its National Secretary, Alhaji Sani Shinkafi, from office.The trial high court, in a judgment yesterday, held that the duo were not only invalidly elected into office by voice votes instead of secret…