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Nigeria: Subsidy on Petrol Hits N1.4tn per Year, Says FG

6Apr

By adminNo Comments

Corruption, Economy, Nigeria

Nigeria: Subsidy on Petrol Hits N1.4tn per Year, Says FG

A total of N1.4tn is now being spent annually by the Nigerian National Petroleum Corporation as subsidy on Premium Motor Spirit, popularly known as petrol, the Federal Government has said. Although it described the amount as under-recovery, the government stated that the national oil firm had been shouldering the huge financial burden, because the NNPC is the country’s supplier of last resort when it comes to the provision of petroleum products. The Minister of State for Petroleum Resources, Ibe Kachikwu, who disclosed this while speaking at a Liquefied Petroleum Gas workshop organised by the Federal Ministry of Petroleum Resources in Abuja on Thursday, also stated that the ministry planned to unveil an infrastructure rebirth map for the oil and gas sector in two months. On March ...

Nigeria: Looters’ List: APC, PDP in a Show of Shame, Says Okogie

6Apr

By adminNo Comments

Corruption, Nigeria

Nigeria: Looters’ List: APC, PDP in a Show of Shame, Says Okogie

A former President, Christian Association of Nigeria, Anthony Cardinal Olubunmi-Okogie, has lambasted both the ruling All Progressives Congress and the opposition Peoples Democratic Party on their accusations and counter-accusations over those who looted Nigeria’s treasury. The retired Lagos Archbishop of the Catholic Church described the back and forth accusations between the two major parties as a show of shame. Okogie stated this in a press statement, titled, ‘We Are Watching and Waiting 2.’ The statement was the second in the series that the cleric sent to The PUNCH on Thursday. He said, “Nigerians are currently forced to watch a show of shame by the ruling party of today and the ruling party of yesterday. Such are accusations and counter-accusations of looting that Nigeria...

Nigeria: Nigerians Offer N70,000 to Anyone Who Can Name a Projected Initiated and Completed by the FG in 3 Years

29Mar

By admin1 Comment

News, Nigeria

Nigeria: Nigerians Offer N70,000 to Anyone Who Can Name a Projected Initiated and Completed by the FG in 3 Years

A Nigerian came on Twitter to offer a cash price of N20,000 to anyone who could name a project that was initiated and completed by this administration in its three years in office. The criteria was that the project must be physical and not a body language project. Other Nigerians added more cash incentives raising the total cash price to N70,000. The offer started yesterday 28th March 2018 and ends by 12 noon today 29th March 2018. As at the time of this publication, no one had been able to give any project initiated and completed by this administration in its three years of existence.

Nigeria: Produce Nnamdi Kanu By June 26 Court Tells Abaribe, Others

29Mar

By admin1 Comment

Biafra, Judiciary, Justice, News, Nigeria

Nigeria: Produce Nnamdi Kanu By June 26 Court Tells Abaribe, Others

Senate Enyinnaya Abaribe, senator representing Abia South in the upper house and two others have been ordered by the Federal High Court Abuja to produce Nnamdi Kanu in court by June 26th 2018. Justice Binta Nyako, the presiding judge gave this order following Nnamdi Kanu's continued absence from court. It will be recalled that Nnamdi Kanu's whereabouts has been unknown since the Army stormed his father's house on September the 22nd 2017. Senator Abaribe, Tochukwu Uchendu and Emmanuel Shallom Ben had all stood surety for him, signing bail bonds of N100 million each. Following the continued absence of Nnamdi Kanu whose lawyers and family had declared missing following the Army attack, the prosecution had demanded of the court that the three individuals that stood surety for Nnamdi K...

Nigeria: Buhari Receives Fake Martin Luther King’s Award

29Mar

By admin2 Comments

News, Nigeria

Nigeria: Buhari Receives Fake Martin Luther King’s Award

Earlier this week, Nigerians were greeted to the news on social media that President Buhari had received the prestigious Martin Luther King’s Exceptional African Leadership Award. The news was circulated by Lauretta Onochie, President Muhammadu Buhari’s personal assistant on Social Media. In the news which was accompanied with pictures, she wrote “President Buhari receives the First Black History Month National Black Excellence and Exceptional African Leadership Award 2018 from Martin Luther King’s JNR Family. “Dr Mrs Naomi Barbara King led other members of the African-American body to the conferment. “The Award was presented to him in Abuja by the Family of Martin Luther King led by Luther’s Wife. Martin Luther King’s Wife said PMB won this award because of America’s recognit...

Nigeria: Ohanaeze Youths Vow to Defend Igboland

27Mar

By admin3 Comments

Fulani Herdsmen, News, Nigeria, Security, Terrorism

Nigeria: Ohanaeze Youths Vow to Defend Igboland

The Ohanaeze Youth Council, the youth wing of the apex Igbo socio-political body, Ohanaeze Ndigbo, has backed Danjuma’s self-defence call. OYC President, Mazi Okechukwu Isiguzoro, on Monday in a statement in Enugu, said the Igbo youth organisation had identified self-defence, in the form of armed resistance as the most effective panacea for herdsmen attacks. Isiguzoro said Igbo youths were ready to defend the South-East. Although he was quick to point out that the Ohanaeze youth wing was not armed, Isiguzoro said any herdsmen attacks in Igboland would not only be resisted, it would also be avenged. He said, “Danjuma has justified the position of Ohanaeze Youth Council Worldwide. We are ready to resist the herdsmen militia. “It has been our earlier stand; we have been calling...

Nigeria: Why I Spoke Directly to Nigerian Leaders – Bill Gates

27Mar

By admin1 Comment

Economy, Education, News, Nigeria

Nigeria: Why I Spoke Directly to Nigerian Leaders – Bill Gates

The Co-Chair of the Bill and Melinda Gates Foundation, Mr. Bill Gates, again on Monday criticised the Federal Government’s Economic Recovery and Growth Plan. Gates, in an interview with the CNN, said that the Federal Government’s investment in education and health was not good enough. “While it may be easier to be polite, it’s more important to face facts so that you can make progress,” the philanthropist told a room of Nigeria’s government elite that included the President. In an exclusive television interview with the CNN, Gates said he spoke out to implore Nigerian politicians to focus on human capital and its large youth population. “The current quality and quantity of investment in this young generation in health and education just isn’t good enough. So, I was very direct,...

Nigeria: Tinubu Absent as Buhari, APC Caucus Meet in Villa

27Mar

By admin1 Comment

News, Nigeria

Nigeria: Tinubu Absent as Buhari, APC Caucus Meet in Villa

President Muhammadu Buhari on Monday led other top government officials elected on the platform of the ruling All Progressives Congress to a meeting of the party’s national caucus. The meeting was held at the new Banquet Hall of the Presidential Villa, Abuja. Other top government officials who attended the meeting are Vice-President Yemi Osinbajo; President of the Senate, Bukola Saraki; Speaker of the House of Representatives, Yakubu Dogara, and governors. National chairman of the party, Chief John Odigie-Oyegun, led other officers of the party to the meeting. The national leader of the party, Asiwaju Bola Tinubu, was however absent from the meeting. Tinubu is heading a presidential reconciliation committee set up to reconcile aggrieved party members across the country. I...

Nigeria: Arewa, Ohanaeze Youths, Others Meet, Say Buhari Has Failed

27Mar

By admin1 Comment

News, Nigeria

Nigeria: Arewa, Ohanaeze Youths, Others Meet, Say Buhari Has Failed

The leadership of the Arewa Youth Consultative Forum, the youth wing of the Ohanaeze Ndigbo, the Ijaw Youth Council Worldwide, the Yoruba Youth Council and 54 other groups met in Abuja on Monday. The groups, in a communiqué issued at the end of their meeting, said the President Muhammadu Buhari-led government had failed the nation. They said the government had failed in securing the nation from the herdsmen killing people in the North and other parts of the country. “The present government under President Muhammadu Buhari has failed in all ramifications and Nigerians, particularly the youths, must begin to examine other options and review the leadership selection process,” they said. They vowed to mobilise Nigerian youths across all ethnic divides to work for a more stable and ...

Nigeria: Five Die in Fresh Fulani Crisis in Benue

27Mar

By admin1 Comment

Fulani Herdsmen, News, Nigeria, Security, Terrorism

Nigeria: Five Die in Fresh Fulani Crisis in Benue

Five people have been killed in fresh attacks by herdsmen in different locations of Benue State. Four persons were reportedly killed by herdsmen at the Guma and Agatu local government areas of the state on Sunday, while one herdsman was reported killed at Lower Benue, a suburb of Makurdi, on Saturday. The incident in the Agatu LGA was said to have happened at Olegobiudu where two persons were said to have been killed with one of the victims said to have been beheaded. A native of the community in Agatu said that the incident happened on Sunday when about seven boys in the area went to have a bath in the community stream. The native added that the little children who were aged between 10 and 15 years were ambushed by the herders who shot at them and killed two of them. “The c...