NSA probes N15bn recovery

The National Security Adviser (NSA), Major General Mohammed Monguno (rtd), has begun an investigation into the recovery of about N15 billion by the Economic and Financial Crimes Commission (EFCC). This is as President Muhammadu Buhari has directed the Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami (SAN), to submit a report on the recovery. The EFCC had, last week Wednesday, recovered $43.4 million, £27,800 and N23.2 million totalling about N15 billion from a private apartment at the Osborne Towers in Ikoyi, Lagos. New Telegraph was informed…

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Economic recession: PDP asked to apologise to Nigerians, Buhari

An political group, Buhari Support Organisation (BSO), Enugu State chapter, has demanded an apology from the Peoples Democratic Party (PDP) over what it described as the damage inflicted on the Nigerian economy by the immediate past administration of Dr Goodluck Jonathan. BSO made the request while reacting to statement issued by the Ahmed Makarfi faction of the PDP on President Muhammadu Buhari’s Easter message. Speaking through its Publicity Secretary, Mr Eze Chibueze, the group said the PDP should rather apologise to Nigerians, instead of ‘insulting our collective intelligence with their…

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Zenith B’ball League: First Bank, Dolphins win again as 1st phase ends

The first phase of the National Women’s Basketball League sponsored by Zenith Bank ended on Monday in Abuja with favorites First Bank and Dolphins maintaining winning streak. A total of 18 teams from various parts of the country took part in the competition which started on April 10 at the Package B Sports Hall of the National Stadium in Abuja. However, three top contenders maintained an unbeaten run so far in the league series which is expected to continue in Kaduna from May 1. First Bank, Dolphins and Customs after…

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Curbing inter-security forces violent clashes

Last week, a soldier and three anti-riot policemen reportedly died during a shootout between members of the two security forces. Several others on both sides received gunshot wounds in the encounter that took place in Damaturu, the Yobe State capital. Some of the critically injured were said to be battling for life at the General Sani Abacha Hospital in Damaturu. Several civilians were hit by stray bullets in the clash which lasted over an hour. Residents said it was not the first the two had been engaged in clashes. According…

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FG shifts Forcados, Bonga’s re-opening date to June, July

The Federal Government has announced new dates for re-opening of two major oil and gas installations in Nigeria-Bonga Floating Production Storage and Offloading (FPSO) and Forcados line. Minister of State for Petroleum resources, Dr. Ibe Kachikwu, who said this in a report, stated that Forcados would reopen in June and Bonga in July. Shell, operator of Bonga, had earlier said that the facility would re-open by April. The shutdown of these facilities have impacted the crude production in Nigeria as over 225, 000 barrels of oil is shut-in on Bonga…

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Amaechi demands N750m, N500m from Fayose, Fani-Kayode

The Minister of Transportation, Mr. Rotimi Amaechi, has threatened to sue the Ekiti State Governor, Ayo Fayose, and a former Minister of Aviation, Chief Femi Fani-Kayode, if they did not retract the allegation that the $43 million recovered by the Economic and Financial Crimes Commission (EFCC) in Ikoyi last week belonged to him within seven days. Amaechi is also demanding the sum of N750 million from Fayose and N500 million from Fani- Kayode as compensation for the malicious and defamatory claim. Fayose had, through his spokesman, Lere Olayinka, on his…

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Recovered N15bn above what FG’s agency can keep –Sagay, SANs

Three Senior Advocates of Nigeria (SAN); Prof. Itse Sagay, Dr. Biodun Layonu, Mr. Seyi Sowemimo and the second Vice-President of the Nigerian Bar Association (NBA), Mr. Monday Ubani, have said that the sums of $43,449,947, £27,800 and N23,218,000 totalling about N15 billion recovered by the Economic and Financial Crimes Commission (EFCC) from an apartment in Ikoyi area of Lagos were far in excess of what an agency of government can keep. They made the observation while reacting to reported claim by the National Intelligence Agency (NIA), Nigeria’s external secret police,…

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