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Nigeria Imports N16 Billion Cowpea From Cameroon, Burkina Faso Yearly

Nigeria Imports N16 Billion Cowpea From Cameroon, Burkina Faso Yearly

 Nigeria, said to be the number one producer of cowpea globally, spends over N16 billion to import the commodity from Cameroon and Burkina Faso annually.In addition, there was still consumption deficit of 500,000 tonnes despite the current release of Bt. Cowpea to farmers, to bridge the production gap in the country. The permanent secretary, Federal […]

‘Ikoyi Whistle-Blower To Get N421m This Week’

‘Ikoyi Whistle-Blower To Get N421m This Week’

The whistle-blower that provided  information leading to  the recovery of the N13bn Ikoyi loot will receive his commission this week, investigations have revealed. The Minister of Finance, Mrs. Kemi Adeosun, had two weeks ago said that the Federal Government would pay the sum of  N421,330,595 to only one individual identified for providing information that led […]

Court Orders Final Forfeiture Of Diezani’s Banana Island property

Court Orders Final Forfeiture Of Diezani’s Banana Island property

A Federal High Court in Lagos on Monday ordered permanent forfeiture of a 37.5m dollars skyscraper on the highbrow Banana Island, Lagos, belonging to former Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, to the Federal Government. Justice Chuka Obiozor, who gave the ruling, also ordered that the sums of 2.7 million dollars and N84.5 million […]

EFCC Arrests Ex-Jigawa Governor, Saminu Turaki

EFCC Arrests Ex-Jigawa Governor, Saminu Turaki

A former governor of Jigawa State, Senator Saminu Turaki was on Tuesday arrested by agents of EFCC. He was picked up at the venue of the public presentation of a book on Brigadier Zakariya Maimalari, the first regular combatant officer in the Nigerian Army, in Abuja. Ibrahim Saminu Turaki Before the arrest, EFCC has had […]

EFCC Rearraigns Fani-Kayode

EFCC Rearraigns Fani-Kayode

The Economic and Financial Crimes Commission has rearraigned a former Aviation Minister, Femi Fani-Kayode, before a Lagos Division of the Federal High Court. Mr. Fani-Kayode, who was part of former President Goodluck Jonathan’s re-election campaign, was rearraigned alongside Nenadi Usman, a former minister of state for finance on a 17-count charge of money laundering and […]

Rant Of The Day – This Money!

Rant Of The Day – This Money!

Welcome to the rant column. I am wondering if I am the only that really feels this way. Why? I mean why would one person carry over 10 thousand persons money and keep in a building somewhere when some persons can hardly eat and sleep well. Why? would we scream dollar rate when some people […]

Magu to Remain Acting EFCC Chairman As Presidency Declares ‘Full Support’

Magu to Remain Acting EFCC Chairman As Presidency Declares ‘Full Support’

The presidency on Tuesday gave the clearest indication yet that it would not succumb to the Senate and remove Ibrahim Magu as chairman of the anti-graft EFCC. The Senate recently refused to screen presidential nominees for the position of the resident electoral commissioners, saying it would not do so until Mr. Magu is removed as […]

Senate Vs EFCC – Who Is Witch-Hunting Whom?

Senate Vs EFCC – Who Is Witch-Hunting Whom?

The EFCC in an incriminating report sent to the President alleges that the Senate President, Bukola Saraki and some of his aides and associates, of which his Deputy Chief of Staff, Gbenga Makanjuola, ex-Managing Director of Heritage Bank, Robert Mbonu and other companies, allegedly assisted the Senate President, already on trial for alleged false declaration […]

Senate Rejects Magu As EFCC Chairman

Senate Rejects Magu As EFCC Chairman

The Senate has rejected Ibrahim Magu’s nomination as Chairman of the EFCC. The Chairman, Senate Committee on Media and Public Affairs, who addressed journalists after a closed-door session on Thursday, said the rejection was based on “security report.” He said the rejection would be communicated to President Muhammadu Buhari to take further action.

Alleged N4.7bn laundering: EFCC Calls For Bench Warrant Against Ex-Gov Ladoja, Aide

Alleged N4.7bn laundering: EFCC Calls For Bench Warrant Against Ex-Gov Ladoja, Aide

The Economic and Financial Crimes Commission (EFCC) on Friday urged a Federal High Court Lagos, to issue a bench warrant against a former Governor of Oyo State, Rashidi Ladoja, over money laundering charges. EFCC said its prayer was based on Ladoja’s refusal to show up in court, to give answers to a N4.7 billion money laundering […]

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