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| Friday, April 04, 2008 | |
Latest Development's in Nigeria....
By Chief Blogist @ 2:12 PM :: 65 Views |
Probe Obasanjo And Me Now – Atiku•Says, ‘I’ll not return to PDP’
Former vice president, Alhaji Atiku Abubakar, yesterday called for a full-scale probe into the eight-year tenure of former president, Chief Olusegun Obasanjo and himself, saying that is the only thing that would expose the underhand dealings that went on under their two -term tenure. He also said he is ready, as always, to appear before the House of Representatives probing the power sector if invited, except that he has no testimony to offer the committee because he knows nothing about the whole power project. "I am prepared to go but I don't think that my testimony will be of any benefit to them. "The president made me the chairman of the NIPP, but cut me off. He instructed that nobody should report to me....more
Court Frees Bamaiyi
After nine years of intense and protracted legal battle, a major victory yesterday came the way of former chief of army staff (COAS), Lt General Ishaya Bamaiyi, and his family at the Ikeja high court in Lagos, as Justice Joseph Olubunmi Oyewole discharged and acquitted him on the criminal charges of attempted murder of the publisher of The Guardian, Mr. Alex Ibru, and Mr. Isaac Porbeni, a former commissioner in Delta State. Meanwhile, the founder of Odua People’s Congress (OPC) Dr Frederick Fasehun, has called for the release of Major Hamza Al-Mustapha, former chief security officer (CSO) to the late Head of State, Gen. Sani Abacha,who is presently standing trial at the Federal High Court for allegedly attempting to overthrow the government. ...more
Obasanjo Wasted $86m On Bayelsa Power Project – Reps
A House of Representatives committee has expressed shock at lack of work, and spending of $86 million on Bayelsa Independent Power Project (IPP). As the ongoing probe into the power sector spending during the administration of President Olusegun Obasanjo continues, the House of Representatives Committee on Power and Steel yesterday expressed shock at the spending of over $86 million on the Bayelsa State Independent Power Projects without vital signs of project completion and usage. The chairman of the House Committee on Power and Steel, Hon. Ndudi Elumelu, who yesterday led 19 other members of the Committee to the Yenagoa and Gbarain-Ubie 132/33 KVA power sub stations, ...more
N17bn NNPC Debt Responsible For Fuel Queues – IPMANFuel queues may persist in the nation's capital and other parts of the country, as the Independent Petroleum Marketers Association of Nigeria (IPMAN) has declared that the situation will linger for long unless the Nigerian National Petroleum Corporation (NNPC) remits N17 billion bridging debt owed IPMAN through the Petroleum Equalisation Fund (PEF) for their members to commence bridging of petroleum products. IPMAN, which controls about 90% of all the filling stations in Nigeria and has a membership strength of over 10,000, said as long as the Federal Government and its agents refuse to settle their huge debts the availability of petroleum products in filling stations belonging to their ...more
Okah’s Trial Begins In Jos
•Falana blasts FG
Lawyer to Mr. Henry Okah, the detained leader of the Movement for the Emancipation of the Niger Delta (MEND), Mr. Femi Falana, yesterday blasted the Federal Government for what he called the " barbaric trial of a civilian under civil rule." The notable human rights activist, who arrived Jos, the capital of Plateau State, for the trial of Mr. Okah spoke with newsmen at the premises of the Federal High Court, Jos, where the trial was to take place and was temporarily disallowed into the premises by securitymen. He was eventually allowed entry with another lawyer and his two witnesses, he said "it’s funny that were military coupists were tried in the open while a civilian had to face trial in camera especially when the offence in question been made public by government," he said....more
Revocation: CBN Insists On Sealing Societe-Generale• Heads for Appeal Court
The Central Bank of Nigeria (CBN) yesterday approached the Court of Appeal where it filed a notice of appeal against the pronouncement of an Abuja Federal High Court which voided its revocation of the operational licence of Societe Generale Bank of Nigeria last Wednesday. In its notice of appeal, the apex bank in the land argued that the lower court headed by Justice Binta Murtala Nyako erred in law when she held in her judgement that the revocation of the bank’s operational licence was not done within the ambit of the law. Invoking the original jurisdiction of the appellate court, counsel to CBN listed seven grounds of appeal in which he contended that its revocation of the licence of the bank was not done in bad faith as submitted by Justice Nyako....more
Yar’Adua Is Delaying Budget – Reps
The House of Representatives has said the presidency was responsible for the delay in the passage of the 2008 Appropriation Bill as the document had been transmitted to President Umaru Musa Yar'Adua since March 28, 2008 for his assent. This is just as the legislature declared that it would not interfere with the work of the Economic and Financial Crimes Commission (EFCC) in investigating its members fingered to have participated in sharing the N300 million that forced former health ministers, Professor Adenike Grange and Chief Gabriel Adukwu, to resign. Chairman, Media and Public Affairs Committee of the House, Hon. Eziuche Ubani, who made these clarifications yesterday during a press briefing in Abuja, said....more
We’ll Root Out Culture Of Impunity – Yar’Adua
President Umaru Musa Yar’Adua yesterday stated that his administration was determined to root out "the culture of impunity," which enables corruption to thrive in Nigeria. Yar’Adua, who said this when he had a breakfast meeting with Mr. Jimmy Carter, former President of the United States of America, further said that he had come to the conclusion that corruption continued to thrive in Nigeria because of total disregard for existing laws and regulations. This reckless action of public looting, according to the president, is fuelled by the fact that they go unpunished for their illegal actions. "Our problem has never been laws or regulations on issues of corruption. The problem has been the enforcement of these laws and regulations. ...more
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