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‘The oil marketers are greedy lots, who continually devise different strategies to bridge the fuel distribution network for their pecuniary gains. With their greed, it will not be right for the Federal govt to deregulate the oil sector, which will leave the citizens at the mercy of the greedy marketers. ‘Until fuel importation is replaced with internal production of fuel, ...
May, 2016
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7 May
Budget signing won’t change anything ‘..Notable Economist, Boyo, Warns Nigerians
Budget signing won’t change anything –Economist, Henry Boyo is warning nigerians not to be overly excited about the budget of change… ‘Every year, the media celebrates the budget passage as if the only problem with the economy is because it had not been signed. In most cases, the budget is normally passed around April or May. Even when it is ...
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4 May
Buhari Returns Budget For The 3rd Time, Demands Final Copy
The nation may still have to wait a little more over the 2016 budget. This is because the National Assembly committee and the one set up by the Presidency to rework the budget could not immediately work out answers to the issues that made the President to reject the budget in the first place. But to get over the issues, ...
April, 2016
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28 April
As EFCC Invites Fidelity Bank MD ,Financial Analysts Ask ..’What’s Wrong In Accepting Deposit ‘?
The Economic and Financial Crimes Commission has invited the Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, and some officials for allegedly receiving $115m from a former Minister of Petroleum Resources, Diezani Alison-Madueke. However,in swift reaction,financial experts and notable bankers are asking rehtorically;what is wrong in accepting deposit?..Isaac Lamikanra ,a retired banker in Ibadan said..’all ...
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27 April
President Buhari To Sign 2016 Appropraition Bill Next Week
The executive and the legislature arms of government have reached a consensus that the 2016 budget be signed not later than next week. Senate President Bukola Saraki disclosed this to State House correspondents on Tuesday night, April 26, shortly after a meeting President Muhammadu Buhari held with the leadership of the National Assembly. The Senate president said the meeting agreed ...
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27 April
EFCC Uncovers $12.9billion more arms deals, Seizes Usman’s Houses
A wrist watch worth £600,000 and jewelry in gold and diamond have been confiscated from Mrs Alison-Madueke by the Economic and Financial Crimes Commission (EFCC), a source said…and the commission has equally uncovered $12.9billion more arms deals fraud, carried out, during the administration of ex-President Goodluck Jonathan.The development has brought arms funds, which were diverted to other uses, to $15billion ...
March, 2016
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9 March
Buhari Replies Critics; ‘I can’t Perform Magic,Oil Has Dropped From $100 To $30
President Muhammadu Buhari has lambasted critics of his administration over the state of the economy. Buhari in an interview with Al Jazeera television aired on Sunday , said it was unfortunate that even some people who kept mute in the last 16 years have suddenly found their voice. He was responding to a question by the interviewer that a cross ...
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7 March
APC Chief Beheaded,..Wife,Son Assasinated
Two weeks to the March 19 legislative rerun in Rivers State, masked gunmen at 9 pm on Saturday, beheaded a chieftain of the All Progressives Congress (APC), Franklin Obi, and killed his wife and 18-year-old son, Bestman. The gunmen took away the head of Franklin. After shooting him dead, they severed his head and disappeared. The killings took place at ...
