…Says conversion of petrol cars to gas begins October The federal government has explained its decision to fully remove subsidy from petrol, saying the country stands to rake in over ₦1 trillion annually which would be deployed to fund other critical components of the economy. Minister of state for Petroleum and Resources, Chief Timipre Sylva, […]
Category archives: Business
Fuel, Electricity Hike: Hold appointees responsible for outcry, group tells PMB
The National Conscience Group (NCG) has urged President Muhammadu Buhari to hold his appointees responsible for the outcry that has trailed some of his administration’s policies and programs. The NCG charge is in reaction to the outrage over the recent hike in fuel, electric tariffs and others. In a statement signed by its convener, Comrade Philip […]
AESID kicks over alleged sales of Ebonyi property in Lagos, demands probe
Association of Ebonyi Indigenes in Diaspora (AESID) has condemned an alleged sale of a landed property belonging to the Ebonyi state government in Lagos. The said property is located at No. 19A Mobolaji Bank Anthony Way, Maryland, Lagos state. Raising the alarm through a statement signed and made available to newsmen Wednesday in Abuja by […]
Magu: Group calls for arrest, prosecution of FCMB chairman
Good Governance and Accountability Monitors Group has called for the arrest and prosecution of the Chairman of First City Monument Bank, FCMB, Ladi Balogun. The group in a statement issued Tuesday in Abuja by its Coordinator, Opeolumi Adeniyi and Secretary, Isaiah Moses, alleged that the chairman allowed his bank to be a platform that is […]
FG, NNPC avert payment of $125m to alleged international fraudster
The Nigerian National Petroleum Corporation, NNPC in collaboration with officials of the Federal Government has saved Nigeria from losing a whooping sum of $125m to an international crime syndicate led by one Messrs. Ramirez and Mr Jose Salazar Tinajero and their company Samano Sa De Cv. The refusal of the NNPC to stop FG from […]
$2.5bn stolen crude: Frank accuses Buhari of silence, vows mass protest
Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank on Thursday described the graveyard silence of the President, General Muhammadu Buhari-led regime’s silence over the $2.5billion stolen crude oil as evidence of complicity. Documents recently unearthed showed how 48 million barrels of Nigeria’s Bonny Light Crude, valued at $2.5 billion […]
N-Power: Beneficiaries takes ‘Thank You Rally’ to Aso Villa
… task Minister to sustain Buhari, masses’ confidence in her stewardship No fewer than 2,000 Nigerians, on Wednesday, held a ‘Thank You Rally’ to the Presidential Villa over the success of the N-Power scheme and other Social Intervention Programmes in the country. Led by the Concerned Citizens/ N- Power Forum with participants drawn across the […]
Coalition Storms EFCC, Wants Tinubu, Fashola Probed Over Alleged Graft
The Economic and Financial Crimes Commission (EFCC) has been asked to probe the administration of Asiwaju Bola Ahmed Tinubu and the Minister of Works, Babtunde Raji Fashola, SAN, as governors of Lagos state. Asiwaju Tinubu was governor of the state between 1999 to 2007 while Fashola also governed the state between 2007 to 2015. The […]
$2.5bn stolen crude: Frank wants Kyari sacked over allegation
Former Deputy National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, has called for the immediate sack of the Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Engr. Mele Kyari, over his complicity in the alleged $2.5billion stolen crude oil sold in China. An online news platform recently revealed […]
N- Power: Beneficiaries Forum disowns protesters, pledges support for Minister
No fewer than 300,000 beneficiaries of the N-Power scheme across the country have disassociated theirselves from an alleged protest over the winding down of the Batch A and B streams. The group, under the aegis of N-Power Nationwide Beneficiary’s Forum said the persons were “sponsored” by political detractors to dent the progress recorded under the Minister of Humanitarian […]