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…

Read More

Fawehinmi: Why Senate can’t compel FG to sack Magu

Mohammed Fawehinmi, scion of the late Chief Gani Fawehinmi law dynasty in this interview with AKEEM NAFIU, speaks on the Senate, Presidency’s face-off, rejection of the chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, former Adamawa state’s governor, Bala Ngilari’s post-conviction bail, democratization of SAN award and sundry issues     There seems to be a crack in the Senate, Presidency relationship over the chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu’s rejection as the agency’s czar by the Senate. What does this portend…

Read More

Slippery crude oil swap

The recent payment of over $202 million to the Nigerian National Petroleum Corporation (NNPC) downstream entities by Aiteo Energy Resources Limited for fraudulent deals under the scrapped crude oil swap arrangement has reaffirmed the need to fully unravel all transactions surrounding the controversial barter plan during the last administration. The amount includes Aiteo’s share of the $184 million total indebtedness by three companies on crude swap obligations and other downstream liabilities. Televaras Group of Companies has also pledged to make a tranche payment of $17.2 million while NNPC is still…

Read More

A dance macabre

Nothing seems interesting anymore about politics and governance in our nation. The political landscape has been unstable. Politicians, who once held sway in the supercilious Peoples Democratic Party (PDP) have begun their palongo (scattered legs) dance by taking shameless refuge in the tentative All Progressives Congress (APC), either for protection from the searchlight of the anti-graft agencies or for opportunities to seek elective and appointive offices. Governance, on the other hand, has been largely uninspiring and this is accentuated by the fact that a vast majority of Nigerians find it…

Read More

…Governors, others congratulate Christians

As the ruling All Progre s s i v e s Congress (APC) on Saturday expresses its best wishes to Christians in the country and indeed all Nigerians on the joyous occasion of Easter, former Vice President of Nigeria and a chieftain of the party, Alhaji Atiku Abubakar has congratulated Christians in Nigerians, saying the country will get better. In a press statement released by Atiku’s Media Office, he urged the Christian faithful and Nigerians of other faiths to see the sacrifice and deprivation of the period preceding Easter as…

Read More

El-Rufai warns against senator’s recall

Governor Nasir El-Rufai has dismissed the purported plan to recall Senator Suleiman Hunkuyi as he reaffirmed his firm support for and solidarity with the distinguished Senator of Kaduna North Senatorial District. In a statement issued yesterday by Mr. Samuel Aruwan, the media aide to El Rufai, the governor warned those behind the move to stop tarnishing the image of respected persons as well as creating divisions within the party. El Rufai warned that those playing the childish game of a futile recall bid on Senator Hunkuyi should desist, saying: “We…

Read More