$25b deals row: Presidency, NNPC board call for ceasefire

ibe-kachikwu

Minister of State for Petroleum Resources Ibe Kachikwu and Nigerian National Petroleum Corporation (NNPC) boss Dr. Maikanti Baru have been advised to stop their bitter row over the award of $25b contracts – one week after it all began. The Presidency and the NNPC Board ordered a ceasefire, The Nation learnt yesterday. As the rowRead More

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I approved NNPC loans not contracts, says Osinbajo

Yemi Osinbajo

Vice President Yemi Osinbajo yesterday said he did not sign N640billion oil contracts when the President was in London on medical leave. A statement by the Senior Special Assistant to the President on Media and  Publicity, Mr.  Laolu Akande said the VP only gave approval for financing arrangements for the Joint Ventures between the corporationRead More

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Lethal weapons found in Kanu’s residence, says police chief

Lethal weapons, including petrol bombs and one double-barrel gun, were recovered during Sunday’s raid of the Afaraukwu, Umuahia’s home of Indigenous People of Biafra (IPOB) leader Nnamdi Kanu, the police claimed yesterday. IPOB is banned. Abia State Commissioner of Police Anthony Ogbizi said the items were recovered during a joint operation by security personnel. HeRead More

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Bayelsa to augment funding of primary education

The Bayelsa Government has pledged to augment the funding of primary school education to end ongoing strike by teachers in the state. Mr Martins Fefegha, outgoing Commissioner for Education, announced the plan on Thursday at the handing over ceremony t…

Alleged N2.1b laundering: let my mum rest in peace, Patience Jonathan tells EFCC

jonathan

A former First Lady, Mrs. Patience Jonathan, yesterday denied using her late mother’s firm’s account to launder  N2.114 billion. According to her, the company, Magel Resort Limited, was not awarded a N200m IT contract by the National Information Technology Development Agency (NITDA). She pleaded with the Economic and Financial Crimes Commission (EFCC) to allow herRead More

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How politicians grabbed power firms’ shares under Jonathan, by ex-minister

FORMER Minister of National Planning Commission (NPC) Dr. Shamsuddeen Usman yesterday exposed how politicians and officials in ex-President Goodluck Jonathan’s administration jostled for shares in the power generation and distribution companies that were privatised in 2013. Usman, who spoke in Abuja at the 26th October Lecture of the Nigerian Society of Engineers (NSE), said governmentRead More

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Home owner charter: No qualified applicant will be left out

Ogun State government has assured all qualified applicants under its Home Owner Charter (HOC) Programme of receiving their land title documents before the end of the present administration. Governor Ibikunle Amosun made this known during the 21st batch of distribution of Certificate of Occupancy and other land title documents to successful applicants at Obas ConferenceRead More

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Son leads Kia design team in China

KIA Motors has appointed prominent car designer, Oleg Son, 56, as Head of Kia Design China – leading the brand’s design activities in China and strengthening its design capability in the rapidly expanding Chinese market. Son will be based in Shanghai as Executive Director and Head of Kia Design China.

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