Wole Soyinka calls on Buhari To Organise Emergency Conference To Fix Economy

Posted by - 19th February 2016

Nobel laureate Wole Soyinka blamed the dire economic situation in Nigeria on the years of bad governance, according to a press release issued from the office of the Minister of Information and Culture. In order to ameliorate this problem, Professor Soyinka called for the Federal Government to call an “emergency economic conference”. Recovery is going

Promises of More Offensive Operations Against Boko Haram

Posted by - 19th February 2016

The Commander of the Multinational Joint Task Force (MNJTF), Major General Lamidi Adeosun,  promised more offensive operations against Boko Haram while on a visit to Maiduguri on Thursday. Major General Adeosun commands the MNJTF from his headquarters in Chad. While speaking to journalists in Maiduguri, he reaffirmed MNJTF’s strength and commended the nations of the MNJTF

Evidence Against Ricky Tarfa and Justice Mohammed Yunusa

Posted by - 19th February 2016

The EFCC has supplied details of how Rickey Tarfa SAN bribed Justice Mohammed Yunusa of the Federal High. In an affidavit filed in the court today, to counter the N2.5 billion suit instituted against EFCC by Rickey Tarfa, evidence of transfer of N225,000 to Justice Yunusa’s account was supplied. Equally supplied was an SMS from

Lagos Light Rail Ready In December

Posted by - 19th February 2016

Governor Akinwunmi Ambode of Lagos State says Lagosians will start using the blue line of the light rail project by December 2016. Ambode spoke during the 5th Lagos Corporate Assembly, a forum for public-private sector engagement, at the Lagos House, Ikeja. He said, “The contractors are actually working on the waters for now and by

Plunging Naira-Before You Blame Emefiele

Posted by - 19th February 2016

PLUNGING NAIRA – BEFORE YOU BLAME EMEFIELE LOOK AT YOURSELF It is either I do not understand economics and how exchange rates work or a vast majority of us Nigerians still don’t get how we have wrecked our country with our own curious choices. Just this morning I was listening to the radio and the

Details of Diezani Foreign Diplomatic Passport Revealed in Interview With Dominica Officials

Posted by - 18th February 2016

Journalist Till Bruckner, writing in the Huffington Post, interviewed two officials from the Caribbean nation the Commonwealth of Dominica government on the citizenship status of the former Minister of Petroleum Resources Diezani Alison-Madueke. The Commonwealth of Dominica, like many small nations, allows for people who invest in the Dominican economy to receive citizenship under the

Oduah Loses Bid To Stop Bulletproof Cars Probe

Posted by - 18th February 2016

A Federal High Court in Lagos has dismissed a fundamental rights enforcement suit filed by a former Minister of Aviation, Stella Oduah, against the Attorney General of the Federation and three others. Justice Okon Abang, who dismissed Oduah’s suit for want of jurisdiction today, ordered her to pay a cost of N15,000 to the AGF.

Traditional Ruler Arrested For Money Laundering

Posted by - 18th February 2016

Agents of the Economic and Financial Crimes Commission (EFCC) late last week interrogated Fredrick Obateru Akinruntan, a flamboyant Nigerian monarch from Ondo State. An EFCC source told SaharaReporters that Mr. Akinruntan, who holds the traditional title of Olugbo Of Ugbo, was grilled in connection with his suspected involvement in money laundering. Agents of the Economic and

The Reality of a Failed Economy in Nigeria: -Biodun Ilori

Posted by - 16th February 2016

THE REALITY OF A FAILED ECONOMY ALL OVER NIGERIA I am afraid for Nigeria. Lack of economic leadership With the failure of our apex bank(CBN) to know what they are doing talkless of helping the nations economy, poor budgetary planning, free flow slide of our currency, reckless economic policies plus crazy administrative bureaucracy in the