Submitted by atlas on November 18, 2012 – 6:50am
There were strong indications on Friday that the Federal Government would increase the fuel price in 2013.
President Goodluck Jonathan had on Thursday in Abuja said total fuel subsidy removal was a must.
He stated that only total removal of subsidy on petroleum products would attract investors to the oil sector and end the importation of fuel. Continue reading “Nigerians to pay more for petrol in 2013”
Posted by: Newsdiaryonline Posted date: November 17, 2012
The Coalition Against Corrupt Leaders (CACOL) has warned the federal government against increasing the price of petroleum products in the country. The Executive Chairman of the Coalition, Debo Adeniran speaking on its behalf, said the FG should be wary of heating up the polity with any careless move because the nation is sitting on the keg of a gunpowder. Continue reading “CACOL Warns FG Against Fuel Price Hike, Opposes Death Penalty For Corruption”
Over N5tn in government funds have been stolen through fraud, embezzlement and theft since President Goodluck Jonathan assumed office on May 6, 2010, a SUNDAY PUNCH investigation has found.
Our correspondents arrived at the stolen sum after poring over the reports of the various committees set up by the President to probe some sectors of the economy, particularly oil and gas. SUNDAY PUNCH also relied on disclosures by some senior government officials. Continue reading “N5tn stolen under Jonathan –Investigation”
November 16, 2012 by Friday Olokor and Ihuoma Chiedozie
The Christian Association of Nigeria on Thursday said capital punishment was needed in some cases of corruption in the country.
The CAN General Secretary, Dr. Musa Asake, who said this in a telephone interview with our correspondent, however, stated that there was the need to define corruption.
Asake was reacting to the Arewa Consultative Forum’s demand for death penalty for corruption cases. Continue reading “CAN, others differ on death penalty for corruption”
Monday, 05 November 2012 18:01
SUNDAY ODIBASHI
NEW questions are beginning to arise in the polity over the credibility of legislation by members of the National Assembly. This is not unconnected with the perceived inaction of government over the controversial $620,000 (about N96.1 million) monetary deal which exchanged hands between Farouk Lawan, former Chairman of the Ad Hoc Committee of the House of Representatives that investigated the oil subsidy fraud and Femi Otedola, Chairman of African Petroleum (AP) and Zenon Oil, in a $3 million (about N465 million) deal to doctor the House report and exonerate Otedola’s firms from indictment in the subsidy fraud investigation. Continue reading “$620,000 oil subsidy probe scam: An evolving regime of vicious circle of corruption”
Posted on Tuesday, November 6th, 2012
By Harris-Okon Emmanuel, Correspondent, Warri
There is no sector of the Nigerian industry as tedious to lead or as given to controversy, no doubt due to the strategic place the sector holds in the economy.
The bulk of Nigeria’s revenue largely depends on oil and gas revenue, hence the attention focused on the ministry and whoever leads it. This no doubt explains the heat on the Petroleum Minister, Mrs. Diezani Alison-Madueke whose sack as been called for severally.
The latest indictment for the Minister is the result of the report by the Mallam Nuhu Ribadu-led task force on oil revenue, which believes she has some explaining to do in the way she has held forte in certain areas Continue reading “Oil sector probe and the Ribadu report”
Posted on Tuesday, November 6th, 2012
It was a war of words at the Aso Rock Villa on Friday right before President Goodluck Jonathan as Nuhu Ribadu and Steve Oronsaye hotly disputed openly with each other over the propriety of the report of the Petroleum Revenues Task Force submitted to the president by Ribadu. Senior Correspondent, Adeola Yusuf writes on the controversy surrounding the report of the committee.
President Goodluck Jonathan, on Friday, received the reports of the Petroleum Revenue Special Task Force (led by Mallam Nuhu Ribadu), the Governance and Control Task Force (led by Mr. Dotun Sulaiman) and the National Refineries Committee (headed by Dr. Kalu Idika Kalu) at the Council Chambers of the Presidential Villa, Abuja. Continue reading “Between Jonathan and the Ribadu Committee”
Published on Monday, 05 November 2012 02:33
Written by Abdu Labaran Malumfashi
As far as fighting corruption is concerned, it is obvious that the Nuhu Ribadu-led Petroleum Revenue Task Force was a union with two strange bedfellows in its two leading members. One is universally considered as the nemesis of corruption and the other is, somehow, not quite so.
One is associated with fighting it, while the other, whose name was whispered in the pension scam, allegedly encouraged it. The altercation that ensued between the two after the presentation of the report to President Goodluck Jonathan on Friday last week hardly came as a surprise; it only confirmed fears that some interests, who are uncomfortable with the report, are leaving nothing to chance to kill it. Therefore, the report, in the eyes of those who want corruption fought to a standstill, represents a daunting litmus test for the president’s avowed resolve to fight this cankerworm, which in terms of integrity, has made Nigeria a pariah in the comity of nations. Continue reading “Ribadu Task Force Report: Jonathan’s daunting litmus test”
Kunle Oderemi examines the row surrounding the report of the Petroleum Revenue Special Task Force submitted to President Goodluck Jonathan last Friday.
They are two of a kind. One is a petrel and the other a typical bureaucrat, reserved but intelligent and thorough. Lately, the two have become part of the catalysts in the re-engineering agenda of the Jonathan administration on the Nigerian project. Continue reading “Ribadu Reports: Matters arising”
November 1, 2012 by Simon Utebor
Member representing Calabar-Odukpani Federal Constituency in the House of Representatives, Ambassador Nkoyo Toyo, says the demarcation of maritime boundary of Bakassi will not work.
Toyo stated this at an interraction on Bakassi organised by Project Nigeria and Citizens’ Advocacy Group in Lagos on Wednesday.
She asked the Nigeria Boundary Commission to respect the wishes of Bakassi people before embarking on the delineation of the Peninsula. Continue reading “Demarcation of Bakassi maritime boundary will fail – Rep”
