Over N16 billion of Subsidy Reinvestment and Empowerment Programme, SURE-P, funds released by the Goodluck Jonathan administration in 2012 for the Public Mass Transit Revolving Fund, PMTF was squandered, the icirnigeria.org investigations show. The fund, administered as a revolving loan by The Infrastructure Bank, TIB, was given out in form of mass transit vehicles to […]
Continue Reading“When they were seeking for votes from Nigerians, they promised to reduce petrol pump price from N87 to N45 per litre, they promised to create three million jobs per year, they said $1 will be equal to N1 and above all, they promised to pay unemployed youths N5, 000 stipends and provide one meal a […]
Continue ReadingThe Nigerian Labour Congress on Wednesday reacted to the recent hike in the price of petrol, saying it would resist the federal government’s scrapping of fuel subsidy and increase of petrol price to about N145 per litre.“The unilateral increase in prices of petroleum products today by government represents the height of insensitivity and impunity and […]
Continue ReadingWe have just finished a meeting of various stakeholders presided over by His Excellency, the Vice President of the Federal Republic of Nigeria. The meeting had in attendance the Leadership of the Senate, House of Representatives, Governors Forum, and Labour Unions (NLC, TUC, NUPENG, and PENGASSAN). The meeting reviewed: 1. The current fuel scarcity and […]
Continue ReadingAs reported by Channels, a suicide bomber has blown himself up in a foiled attempt to attack worshippers in a mosque in Sulaimanti area of Maiduguri in Borno State. The suicide bomber, a male, was spotted around the mosque at about 5:45am local time while worshippers were already observing the morning prayers. Upon interrogation, the […]
Continue ReadingThe military force deployed to protect oil facilities in the Niger Delta, codenamed “Operation Pulo Shield” on Tuesday confirmed that three soldiers were killed in a gun duel with pirates and militants. Isa Ado, a colonel and spokesman of “Operation Pulo Shield’, told the News Agency of Nigeria (NAN) in a telephone interview that the […]
Continue ReadingSome indigenes of Kogi under the aegis of Kogi Youth Forum, on Tuesday staged a protest at the National Assembly, demanding the unsealing of state’s House of Assembly. The News Agency of Nigeria (NAN) reports that the protest came barely 12 hours after the state governor, Alhaji Yahaya Bello, signed the 2016 budget of N99.9 […]
Continue ReadingGlobal anti-corruption network, Transparency International, has come to the defence of Nigeria and Afghanistan which the United Kingdom Prime Minister, David Cameron, described as ‘fantastically corrupt’ countries.In a statement titled, ‘Transparency International responds to Cameron comments regarding Nigeria, Afghanistan and UK Summit’, the organisation said Nigeria was sincerely fighting corruption and the UK anti-corruption summit […]
Continue ReadingThe Nigerian Army has responded to the new militant group, the Niger Delta Avengers, which has threatened to cripple the nation’s economy through targeted destruction of oil pipeline and kidnap of workers in the region. The Defence Headquarters, in a statement released on Tuesday by its acting Director of Information, Rabe Abubakar, said it would […]
Continue ReadingLeading African businessman and philanthropist Tony O. Elumelu; Akin Adesina, President of the African Development Bank; Graca Machel, former first lady of Mozambique and widow of Nelson Mandela; Phillipe le Houerou, CEO of the International Finance Corporation and Tarek Sultan Al Esso, CEO and Vice Chairman of the Board Agility have been slated to co-chair the 26th World Economic Forum […]
Continue Reading