There were indications on Wednesday that members of the House of Representatives Committee on Public Accounts had come under intense pressure to tread softly on their ongoing investigation into the alleged financial excesses of the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke. It was also learnt in Abuja that Alison-Madueke chartered a third jet for […]
At a time, Nigerians are still furious about the use of chattered private jet by incumbent Petroleum Minister, Mrs. Diezani Alison-Madueke, another discovery has been made. The Minister is accused of maintaining a second jet, a Global Express XRS plane, specifically for her private and official trips. A return trip on the XRS plane allegedly […]
Police authorities and the police affairs ministry surprised lawmakers investigating disbursement of government funds Tuesday, denying the receipt of N19.7 billion from the Central Bank of Nigeria which the bank’s suspended governor, Lamido Sanusi, said was paid at President Goodluck Jonathan’s instruction for purchase of security helicopters and equipment. The Inspector General of Police, Mohammed […]
President Goodluck Jonathan never confirmed that Nigeria’s state owned oil company, NNPC, withheld $10 billion from the Federation Account, the presidency has said. The spokesperson to Mr. Jonathan, Reuben Abati, said in a statement on Tuesday that media reports that the president confirmed the ‘missing’ funds were untrue. The NNPC has been enmeshed in allegations […]
Reports in some domestic media today which quoted President Goodluck Jonathan as “confirming” in Amsterdam that the Nigerian National Petroleum Corporation (NNPC) wrongly withheld $10 Billion from the federation account are completely false and a total distortion of the President’s comments during his meeting with the Nigerian community in the Netherlands. At no time during […]
Nigerian Lawyer, Liborous Oshomah, has described the call for the probe of the Minister of Petroleum Resources, Diezani Allison-Madueke, for waste of resources on the arbitrary charter and maintenance of a challenger 850 Aircraft for non-official use, as malicious and aimed at scuttling the second term ambition of the Nigerian President, Goodluck Jonathan. A member […]
President Goodluck Jonathan on Wednesday sacked the Group Executive Director, Exploration and Production, Nigerian National Petroleum Corporation, Mr. Abiye Membere, and appointed five new ones to fill existing vacancies. According to a statement by the Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, the new appointees and their portfolios are Mr. […]
More revelations by the House of Representatives Committee on Public Accounts indicated on Thursday that the Office of the Head of Service of the Federation could not account for N35bn it collected from the Service Wide Vote within nine years. While the records of the Budget Office of the Federation showed that the OHSF received […]
When $20bn (£12bn) goes missing, it is no minor matter. Yet when Lamido Sanusi, Nigeria’s top banker, accused the national oil company of large-scale embezzlement that was startling even in an oil industry as opaque as Nigeria’s, he soon found himself paying for his indiscretion. President Goodluck Jonathan, whose leadership has been dogged by one corruption […]
Two years after a nationwide protest forced the federal government to reverse its decision to remove subsidy on petrol, finance commissioners from Nigeria’s states met and asked for the removal of the subsidy, their chairman has said. The official pump price of petrol across Nigeria is N97 per litre. A total removal of the subsidy […]