Trade Union Congress has raised the alarm that the scourge of corruption may have overwhelmed security agencies established to fight the vice in the society. President General of the TUC, Mr. Peter Esele, said on Monday in this year’s May Day message, via an electronic mail that some of the institutions entrusted with the war […]
Emeka Ugwuonye, a U.S.-based Nigerian lawyer, resident in the state of Maryland, was a big loser today at the United States District Court for the District of Columbia which entered a default judgment against his law firm, ECU Associates, ordering it to refund the controversial $1.55 million belonging to the Nigerian government. The court entered […]
Following the ongoing reform in the down stream sector of the petroleum industry, the Petroleum Products Pricing Regulatory Agency (PPPRA) saved N1.09 trillion on fuel subsidies paid to marketers that imported products last year. The Executive Secretary of PPPRA, Reginald Stanley, made this known yesterday in Lagos while fielding question from reporters. He said as […]
President Goodluck Jonathan on Monday again admitted that corruption was currently pervading the nation’s system. He however said the reports of the menace were being exaggerated. Jonathan spoke at the presidential power reform transactions signing ceremony held at the Banquet Hall of the Presidential Villa, Abuja, barely three days after the United States government indicted […]
The Action Congress of Nigeria and the Congress for Progressive Change said on Sunday that the United States was right in its reports that corruption had worsened under the Goodluck Jonathan administration. They said in separate reactions by their national publicity secretaries, Alhaji Lai Mohammed and Rotimi Fashakin respectively that the indictment did not come […]
Nigeria is a federal republic of 36 states and the Federal Capital Territory (FCT). In April 2011 President Goodluck Jonathan of the ruling Peoples Democratic Party (PDP), who had assumed the presidency in May 2010 following his predecessor’s death, won election to a four-year term, along with Vice President Mohammed Namadi Sambo, also of the […]
The Federal Government has pre-qualified about 20 international and indigenous petroleum products suppliers to import petrol into the country. This is to ensure that only credible and professional suppliers engage in fuel import in the country. The Executive Secretary, Petroleum Products Pricing Regulatory Agency, Mr. Reginald Stanley, who said this during an interactive session with […]
The Petroleum and Natural Gas Senior staff Association of Nigeria has urged the Federal Government to tackle oil theft and pipeline vandalism. PENGASSAN President, Mr. Babatunde Ogun, said these criminal activities had become a drain to the country’s resources. A statement on Wednesday signed by the union’s Media and Information Officer, Mr. Babatunde Oke, described […]
Nigeria lost N191bn ($1.23bn) to oil theft and vandalism in the first quarter of the year as crude theft continued to threaten the country’s revenue base. The Nigerian National Petroleum Corporation, in a statement on Wednesday, also said there had been a significant drop in crude oil production for the first quarter of 2013. The […]
Watch the Finance Ministers and coordinating Minister for the economy, Dr. (Mrs) Ngozi Okonjo Iweala talk with CNN’s Christiane Amanpour. She talks on issues of corruption, power and energy and the economic standing of the Nigerian Nation.