Govs’ wives for genital mutilation conference in Ghana

Three governors’ wives – Mrs Nkechi Okorocha,(Imo) Mrs Nkechi Ikpeazu (Abia), and Mrs Olufunso Amosun (Ogun) – have been invited to an international conference on Child Marriage and Female Genital Mutilation/ Cutting (FGM/C) being part of events slated to mark the 2017 International Women’s Day celebration holding April 25, in Accra, Ghana. Also invited are the Speaker, House of Representatives, Mr. Yakubu Dogara and his Ghanaian counterpart, Prof Mike Oquaye. Mr Cookie Iwuoha, Program Coordinator, All Africa Media Network, organisers of the event told journalists yesterday in Owerri that wife…

Unending political chess game confirmation saga

While the hope of Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, to have his appointment confirmed seems to have been dashed by the Senate, he is being subjected to a fresh integrity test, FELIX NWANERI reports It is really not the best of times for the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu. Twice, his confirmation as the substantive chairman of the anti-graft agency, have been turned down by the Senate. While there is no doubt that the…

NDDC and Sagay’s allegation of corruption

On March 2, the Chairman of the Presidential Advisory Committee Against Corruption (PACAC), Prof. Itse Sagay, took a swipe at the Niger Delta Development Commission (NDDC), accusing it of being reckless with funds meant for development in the Niger Delta. The Professor of Law, while speaking at the opening of a two-day national dialogue on corruption organised by PACAC in collaboration with the Office of the Vice President alleged that the NDDC “bought over 70 cars that included eight super Lexus that cost N70 million each and 10 Toyota Landcruiser…

Oil falls as investors cut bullish bets on worries over US output

Oil fell on Monday as investors continued to unwind bets on higher prices after record cuts last week because of concerns that growing U.S. oil output could hamper an OPEC-led deal on production reductions. Benchmark Brent crude futures were down 31 cents at $51.45 a barrel by 1409 GMT. U.S. West Texas Intermediate (WTI) crude futures fell by 52 cents to $48.26. “Speculative investors have thrown in the towel, it seems. We’ve got record selling in the week ending March 14 and the bleeding has not stopped yet,” said Carsten…

FG seeks amendment of $406.8m suit against Shell

For the second time, the Federal Government, Monday sought for an amendment of a $406.8 million suit it filed against Shell Petroleum Development Company of Nigeria Ltd and its subsidiary, Shell Western Supply & Trading Limited over alleged crude oil theft at the Federal High Court in Lagos. In the suit marked FHC/L/CS/336/16, being handled by Justice Mojisola Olatoregun, the Federal Government through its lawyer, Prof. Fabian Ajogwu (SAN), is claiming the sum of $406.8 million from the defendants, representing the shortfall of money paid into its account with the…