Revenue Allocation: N8.8 Trillion Disbursed Amongst States, Local Governments in 2012
A total of N8.8 trillion was disbursed to the three tiers of government from the Federation Account between January and December 2012 from the statutory and Value Added Tax (VAT) allocations. The receipt came mostly from oil revenue, customs duties and VAT, Vanguard newspaper reports. The figure, however, according to a table compiled by Economic [...]
Read More →Police College Documentary: Presidency May Sanction College Commandant
Following the documentary by Channels Television exposing the decadent state of the Nigerian Police College, indications have emerged that the Commandant of the Ikeja Police College, Mr. Irimiya Yerima could be sanctioned by the Presidency, Vanguard newspaper reports. The documentary, which the Presidency described as a negative image given to Nigeria, detailed the rot in [...]
Read More →Prof Charles Soludo Granted Administrative Bail by EFCC, Debunks Reports of Arrest
The former governor of Central Bank, Prof Charles Soludo has been granted administrative bail by the Economic and Financial Crimes Commission (EFCC). He was however asked to report back to the anti-graft agency the following morning for further questioning. In addition, the former Anambra state People’s Democratic Party (PDP) gubernatorial candidate was asked to surrender [...]
Read More →Gov. Lamido’s Son Released on Bail Following Arrest over Failure to Disclose $40,000
The eldest son of the Jigawa State Governor, Alhaji Sule Lamido, Aminu Sule, who was arrested, Wednesday, at Mallam Aminu Kano International Airport Kano (MAKIA) for failure to disclose $40,000 at the airport on his way to Egypt regained freedom from the protective custody of the Economic and Financial Crimes Commission (EFCC) after he was [...]
Read More →Dr Olawale Babalakin Plotting to Flee the Country – EFCC
Reports have emerged that Chairman Bi-Courtney Limited, Dr Olawale Babalakin currently in the Economic and Financial Crimes Commission (EFCC) net, may be planning to leave the country, Vanguard newspaper reports. This was made known by the lead counsel of the EFCC, Rotimi Jacobs who alleged that he got security reports that Dr Babalakin was planning [...]
Read More →$700 Million of Abacha’s Loot Returned to Nigeria – Swiss Envoy
The Swiss government has announced that it has so far returned to Nigeria a total of $700million of the money stolen by the late military dictator, Gen. Sanni Abacha, Vanguard newspaper reports. The revelation on the status of Abacha’s loot was made by the Swiss Ambassador to Nigeria, Dr. Hans-Rudolf Hodel at a media briefing in [...]
Read More →Northern Leaders Condemn Boko Haram; Seek Way Forward
Northern leaders, yesterday, spoke in unison, condemning the activities of members of Boko Haram sect, just as they lamented that the security situation in the north was fast deteriorating, Vanguard newspaper reports. Former United Nations Under Secretary-General for Political Affairs, Professor Ibrahim Gambari, raised alarm that the activities of members of the Boko Haram sect [...]
Read More →DG State Security to Media: Stifle Boko Haram of Publicity
The Department of State Security has given assurance that the activities of fundamentalist Islamic sect, Boko Haram would soon be brought to check, Vanguard newspaper reports. Speaking at the opening of the one week training for media practitioners in Abuja, Director General of the Department of State Security, Ekpenyong Ita assured that the service and [...]
Read More →Insecurity: Army Chief Orders Non-Military Personnel Out of Barracks
In the wake of terrorists attacks on army cantonments in parts of the country, the Chief of Army Staff, Lt. General Azubuike Ihejirika, has directed that all civilians and non-military personnel residing in all army barracks be flushed out, Vanguard newspaper reports. According to him, “All illegal civilians and those above 18 years should vacate [...]
Read More →State House Reveals N1.305 Billion Not Enough for Refreshments
The Senate was, yesterday, told that the N1, 305, 292, 050 set aside in the 2013 budget for refreshment and meals and other miscellaneous expenses in the State House will not be enough, Vanguard newspaper reports. This is just as a breakdown of the Miscellaneous sub-head in Aso Rock’s budget shows that N203,752,432 was allocated [...]
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