THE Senate, on Tuesday, commenced investigation into Escravos Gas To Liquid (EGTL) project contract which was awarded at a sum of $2.9 billion and was allegedly increased to $10.03 billion by Chevron Nigeria Limited (CNL), leaving a difference of $7.4 billion Senate Committee on Gas, at a public hearing on Tuesday, queried reason why the […]
Nigeria’s Vice President, Professor Yemi Osinbajo, says the government is engaging leaders and people of the Niger Delta to address the spate of attacks on oil installations in the area. The Vice President made the statement on Monday at the Presidential Villa during a meeting with a delegation of the European Union led by […]
By Mayowa Okekale, Abuja Speaker of the House of Representatives, Yakubu Dogara, has charged the main players in the Nigerian capital market to come to its rescue and ensure that the investment of Nigeria are protected from fraudulent operators. He charged the main players in the market, such as Securities and Exchange Commission (regulatory), Nigerian […]
The Lagos State Government has issued Retirement Benefit Bond Certificates of over one billion Naira to 275 retirees. In a statement from the State Pension Commission, the retirees were drawn from the mainstream, local government, state universal basic education board, teachers’ establishment as well as pension office and parastatals. According to the statement, the payments […]
Millions of Muslims around the world on Monday mark the start of the holy month of Ramadan, a time marked by intense prayer, dawn-to-dusk fasting and good deeds. Religious authorities in most Middle Eastern countries announced the new moon of Ramadan was spotted on Sunday evening. Indonesia, the world’s most populous Muslim country, also said […]
Ahead of the forthcoming judgment of the Kogi State Election Petition Tribunal, a civil rights movement under the aegis of Kogi Patriotic Front (KPF) has alleged that Governor Yahaya Bello, has given out N1.5 billion to the three justices to influence verdict to his favour. The group said, the deal was brokered by First Lady, […]
By Mayowa Okekale, Abuja Members of the National Assembly insist on zonal intervention or constituency projects because it is the only way to attract federal presence to their people, Speaker of the House of Representatives, Hon. Yakubu Dogara has said. The speaker maintained that if not for constituency projects, majority of federal constituencies would not […]
By Amechi Obiakpu The Nigeria Employers’ Consultative Association (NECA), has said that it has written its members to ignore the ‘illegal’ directive by the Minister of Labour and Employment, Dr. Chris Ngige, to banks and financial institutions to suspend the retrenchment of staff in their employment. NECA said the labour law of the land does […]
The properties of a former state governor in the ruling party has been ordered seized. The order was given by a Mexican judge as part of an investigation into fraud and other crimes, says Reuters. Ernesto Canales, the anti-corruption czar in the opposition-controlled region of Nuevo Leon, said Friday that the order was against several […]