REVEALED: “In three years, NNPC generated N8.1 trn, gave Nigeria N4.3 trn

The Nigerian National Petroleum Corporation, NNPC, generated about N8.1trillion between 2012 and May 2015, but paid only N4.3trillion to the federation account, Edo State governor, Adams Oshiomhole, said Monday, citing new details from the federal economic council meeting. The balance of the oil money — about N3.8trillion — was withheld and spent by the NNPC […]

EXCLUSIVE: Joda Committee to Buhari: Merge debt-ridden Arik, Aero, others to form national carrier

EXCLUSIVE: Joda Committee to Buhari: Merge debt-ridden Arik, Aero, others to form national carrier

The Buhari administration may be considering merging all debtor airlines in the country into a national carrier, capable of serving the West and Central African regions, with Nigeria as the regional aviation hub. That is part of the recommendations by the Ahmed Joda transition committee, which submitted its report to President Muhammadu Buhari about two […]

Fayose set to probe Fayemi over alleged N4.1billion diversion

Fayose set to probe Fayemi over alleged N4.1billion diversion

The Ekiti State Government is planning to constitute a panel to investigate allegations by the Peoples Democratic Party that the former Governor of the state, Kayode Fayemi, diverted N4.1billion belonging to workers of the state. Although the All Progressives Congress in the state and Mr. Fayemi have refused to respond to the allegations, the PDP-led […]

INVESTIGATION: How FCT officials steal houses, lands from Abuja indigenes in huge resettlement fraud – PREMIUM TIMES

INVESTIGATION: How FCT officials steal houses, lands from Abuja indigenes in huge resettlement fraud – PREMIUM TIMES

At the centre of the Apo Resettlement District, on the fringe of the Abuja city centre, sits an imposing High Court building, distances away from a police station and a school. With no hospital or market in this sprawling community developed for the indigenous people of Abuja, and inhabited by mainly low income Nigerians, the […]

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