Reps angry over MDG projects, threaten 2010 allocations – The Guardian
November 6, 2009 by Bunmi Awolusi · Comments Off
The House of Representatives yesterday resolved that no financial allocation would be made to ministries and parastatals in the 2010 budget if they failed to execute the projects in the 2009 appropriation.
I didn’t say Obasanjo squandered N15bn….Minister – Vanguard
November 2, 2009 by Bunmi Awolusi · Comments Off
Minister of State for Commerce and Industry, Mr. Humphrey Abah has denied reports credited to him that the administration of erstwhile President Olusegun Obasanjo wasted N15 billion.
Mr. Abah, who disowned the reports while addressing newsmen in Abuja, wondered why he could be so misquoted at a meeting held under a closed door without the presence of any pressman.
Senate Probes $120m World Bank Solid Minerals Loan – Daily Independent
August 4, 2009 by tim · Comments Off
Senate Committee on Solid Minerals has begun investigation into how the administration of former President Olusegun Obasanjo spent a World Bank loan of $120 million meant for the development of the solid minerals sector.
Govt suspends $8b rail contract, assesses states’ projects – The Guardian
July 21, 2009 by tim · Comments Off
For alleged non-compliance with due process, the Federal Government has suspended the $8 billion railway contract awarded to a Chinese company by former President Olusegun Obasanjo.
Instead, government has opted to rehabilitate the existing old tracks, which is expected to begin soon.
