NewsReports

ABUJA—The trial of former public officers who looted the national treasury and stashed the funds in foreign banks will commence in few weeks. President Muhammadu Buhari disclosed this, yesterday, when he met members of the National Peace Committee led by former Head of State, General Abdulsalami Abubakar at the Presidential Villa, Abuja. General Abubakar, however, advised President Buhari to follow …

Governor of Edo State, Comrade Adams Oshiomhole has assured the internally displaced persons at a camp in Uhogua, Benin City, that Edo is home to all, and that the state government will take care of their needs while they remain in the camp. Speaking during his on-the-spot assessment of facilities and condition of inhabitants of the camp, in company of …

ABUJA-Prosecution of corrupt officials of the immediate past regime and other individuals suspected to have committed criminal acts would start soon, President Muhammadu Buhari said Tuesday in Abuja. The president who also vowed to break the vicious cycle of corruption, unemployment and insecurity in Nigeria stated that his administration would not only ensure that stolen monies stashed in foreign bank …

Thirty eight top management staff of the Nigerian National Petroleum Corporation (NNPC) were, on Tuesday, retired by the Federal Government. The action reduced the number of top management positions at the corporation from 122 to 83. Also in line with the aspiration to reposition the corporation, 12 personnel were recruited from the private sector into the top management cadre to …

ABUJA – House of Representatives is contemplating a legislation that would guarantee financial autonomy to federal government owned media organizations to ensure prompt payment of Journalists’ salaries. Chairman, Adhoc Committee on Media and Publicity, Hon. Sani Zorro made the disclosure yesterday in Abuja. Zorro who was a former President of Nigerian Union of Journalists, NUJ was in the presidential villa …

The battle for defence of the Naira value has widened, affecting existing withdrawal limits on Automatic Teller Machines (ATMs) and foreign transactions on all existing Naira debit cards (ATM cards). In the new arrangement, all ATMs that were hitherto enabled for domestic and foreign transactions have been restructured to limit Naira cash withdrawal at ATMs to N60,000 per day while …

A veteran thespian, Lari Williams, on Tuesday urged the government to inquire into the current state of the grant the Goodluck Jonathan’s administration gave to the entertainment sector. Williams told pressmen on Tuesday that he and others needed to know what had been disbursed and what had yet to be disbursed. Jonathan provided a grant of $200m to the entertainment …

ABEOKUTA—Former President Olusegun Obasanjo has said that he would never be a politician again in his life, declaring that he remains a “partyless” Nigerian and would continue to carry the toga of a statesman. Obasanjo stated this yesterday while hosting Kogi State governor, Capt. Idris Wada, at his residence in Abeokuta, Ogun State capital. Obasanjo was the former Chairman, Board …

Nigeria’s Presidency has refuted claims of selective prosecution of alleged corrupt public officials, following allegations credited to the Peoples Democratic Party (PDP). The Presidency maintained that Buhari does not interfere with the work of anti-corruption agencies. “Whosoever is involved in corruption should face the law. Corruption has no political party, religion nor ethnic group,” a statement by a spokesman to …

Paying into treasury other than that approved by the Federal Government is now an offence. This is because President Muhammadu Buhari has directed Ministries, Departments, Agencies including the CBN, NNPC, NPA and NIMASA, among others to make payments into a Treasury Single Account, TSA. According to the Federal Government, this directive is meant to promote transparency and facilitate compliance with …