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Daily Archives: 11th March 2016

No secret zoning of PDP NWC offices, Says Ekweremadu


The Deputy President of the Senate, Senator Ike Ekweremadu, has dismissed as baseless and untrue the report of purported tension within the Peoples Democratic Party, PDP, over alleged secret zoning of national offices of the party, supposedly by some leaders of the party. He said such was sheer illusion of authors of confusion; people who did not wish the party ...

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Budget padding: Buhari hammers 184 government officials

President Buhari

President Muhammadu Buhari has demoted top civil servants who tampered with figures in the 2016 budget. At least 184 top officials were transferred to lesser establishments over the budget padding saga. It was gathered that 22 top officers from the Budget Office of the Federation were affected in the mass deployment. The rest were removed from budget-related duties in other ...

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CBN suspends officials over fraud

CBN Governo  Godwin Emefiele

The Central Bank of Nigeria said on Thursday night that it had uncovered and aborted a highly sophisticated plot to defraud it by some criminally-minded elements. The bank also said it placed all key personnel involved in the transaction on suspension in order to ensure a full and unfettered investigation although it noted that preliminary investigations so far had not ...

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Oil workers suspend strike, fuel scarcity worsens


The industrial action embarked upon on Tuesday by oil workers across the country due to the restructuring of the Nigerian National Petroleum Corporation has been suspended. As a result, work resumed at both the Abuja headquarters of the corporation and all its subsidiaries, as well as at petrol stations operated by the national oil firm. It was learnt that the ...

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