Economy: Nigeria Can’t Achieve Much Under Buhari- IMF

Economy: Nigeria Can’t Achieve Much Under Buhari- IMF

Director of the International Monetary Fund (IMF’s) African Department has explained why Nigeria can’t achieve higher productivity in many sectors of the economy. He said without energy, it would be difficult for the acclaimed Africa’s giant to make headways.  Mr. Abebe Aemro Selassie, while briefing newsmen over the weekend at the IMF/ World Bank Annual Meetings in Washington DC, “given how big the size of the Nigerian economy is and given the potential that it…

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BREAKING: NNPC “Crashes Price Of Petrol, Cooking Gas” Nationwide

BREAKING: NNPC “Crashes Price Of Petrol, Cooking Gas” Nationwide

The Nigerian National Petroleum Corporation (NNPC) has said that their sustained strategic intervention in the efficient supply and distribution petroleum products, has led to a significant reduction in the prices of premium motor spirit (PMS), also known as petrol, and liquefied petroleum gas (LPG), also known as cooking gas, nationwide. Spokesman of the corporation, Ndu Ughamadu, in a statement on Sunday, said a national survey by oil and gas forum, NNPC’s weekly TV programme, indicated…

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Nigeria Should Not Be Restructured Instead Nigerians Have To Restructure – Obasanjo

Nigeria Should Not Be Restructured Instead Nigerians Have To Restructure – Obasanjo

Former President, Olusegun Obasanjo has distanced himself from the clamour for the restructuring of Nigeria by some section of Nigerians. Obasanjo, who faulted the call said what Nigeria needs now is not restructuring of the country but that of individual mentality.He made his stance known on the sidelines of the African Leadership Forum in Johannesburg, South Africa. The former President said Nigerians should restructure their minds before calling for restructuring of the country. Obasanjo said…

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N11tn Electricity Scam: ICC Hears SERAP’s Petition Against Obasanjo, Jonathan

N11tn Electricity Scam: ICC Hears SERAP’s Petition Against Obasanjo, Jonathan

The International Criminal Court, ICC, in The Hague is considering SERAP’s petition on the allegations of widespread, systematic and large-scale corruption in the electricity sector since the return of democracy in 1999 and under the governments of former presidents, Olusegun Obasanjo, Umaru Musa Yar’Adua and Goodluck Jonathan in Nigeria. Socio-Economic Rights and Accountability Project, in a statement on Wednesday by its deputy director, Timothy Adewale, said that, “SERAP can confirm that the ICC is now…

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Buhari Orders Service Chiefs To Attack all Threats To Nigeria’s Unity

Buhari Orders Service Chiefs To Attack all Threats To Nigeria’s Unity

President Muhammadu Buhari has charged the nation’s service chiefs to ensure that all threats to the unity of the country are dealt with. Abayomi Olonisakin, Chief of Defence Staff, made this known after a meeting between the President and the Security chiefs on Tuesday. Olonisakin said the meeting, which lasted several hours, was to update the President on some security developments that came up while he was away on medical vacation in the United Kingdom. “We…

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UPDATE ON ANAMBRA STATE GOVERNORSHIP ELECTIONS

UPDATE ON ANAMBRA STATE GOVERNORSHIP ELECTIONS

Governor of Anambra State, Willie Obiano, on Tuesday emerged the candidate of the All Progressives Grand Alliance in the November 18 poll in the state. The governor, who was the sole contestant in the primary, polled 1,070 “yes” votes from a total of 1,092.accredited delegates. Meanwhile, the United Peoples Party, Anambra State chapter, on Tuesday  suspended two governorship aspirants in the party, Osita Chidoka and  Mr. Chudi Ofodile. Chidoka is a former Minister of Aviation…

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ORIGINAL TARGET OF OZUBULU KILLINGS INVITED BY POLICE

ORIGINAL TARGET OF OZUBULU KILLINGS INVITED BY POLICE

The Nigeria Police has invited Aloysius Ikegwuonu aka Bishop over the Ozubulu tragedy. Police Public Relations Officer, PPRO, in Anambra State, Nkiru Nwode, said yesterday that Bishop, is expected to appear at the police headquarters in Awka on Friday. The police however, clarified that the invitation is not an arrest. Ikegwuonu was the target of attack on St Philip’s Catholic Church, Amakwa Ozubulu, penultimate Sunday. His father was among the 13 people who lost their…

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APC MAKES OFFICIAL REACTION TO EDO STATE ASSEMBLY CRISIS

APC MAKES OFFICIAL REACTION TO EDO STATE ASSEMBLY CRISIS

Anselm Ojezua,  has assured that peace will return to the Edo state house of assembly. Anselm who is the chairman of the All Progressives Congress (APC), gave the assurance following the fracas that occurred on the floor of the chamber on Monday. Some members impeached Justin Okonoboh and elected Kabiru Adjoto as the new speaker after violence ‎sparked in the chambers. Speaking with journalists on Tuesday after meeting Governor Godwin Obaseki, Ojezua confirmed ongoing consultations…

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OUR PRESIDENT WILL BE BACK SOON – BABAFEMI OJUDU

OUR PRESIDENT WILL BE BACK SOON – BABAFEMI OJUDU

Babafemi Ojudu,  the Special Adviser to the President on Political Matters, on Monday said President Muhammadu Buhari is coming back to Nigeria. He said this while dismissing comments that the presidency sponsored some Nigerians to embark on solidarity protests across the country in support of Buhari. Ojudu said that the presidency does not hire people for protest marches, saying that those who participated in the pro-Buhari protest were die-hard supporters of the president. “I was working…

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EXPOSED!!! DIEZANI REVEALS THE TRUTH BEHIND HER $90 BILLION

EXPOSED!!! DIEZANI REVEALS THE TRUTH BEHIND HER $90 BILLION

Diezani Allison Madueke has finally spoken on several allegations of financial impropriety levelled against her by the Economic and Financial Crimes Commission, EFCC. Diezani said she never stole Nigeria’s money. The former Minister made the claim in a statement she issued yesterday. She said the anti-graft agency was taking advantage of her silence to try and convict her in the media hence her response. Recall that the EFCC had alleged that Diezani Alison-Madueke, a former…

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