Zenith Bank
  • A witness,  Mr. Abu Sule, told a Federal High Court in Abuja on Wednesday that he collected $2.29m cash in Ghana-Must-Go’ bag from a former Governor of Imo State, Ikedi Ohakim, to help the former governor to buy a property in Asokoro, Abuja.

    Sule, the Economic and Financial Crimes Commission...


  • By Anthony Chuka Konwea, P.E.: Ali Banza and the Forty Herdsmen
    By  Anthony Chuka Konwea, P.E.: Ali Banza and the Forty Herdsmen “The apprentice burglar whose father instigates to burgle a house, does not bother with the niceties of gingerly inserting himself. Out of zeal to make a good impression, he smashes down the front door with his bare feet.” A local proverb (Writer’s warning: Readers’ discretion is advised as this piece may contain some graphic content.) It was easily the biggest congregation of cattle ever seen by many in Negera. Even according to some herdsmen themselves, they had never quite seen…
    Written on Saturday, 30 April 2016 18:27 in Parliament
  • By Paul Ehime: Ghana’s New Visa Plan, African Unity Rhetoric
    By Paul Ehime: Ghana’s New Visa Plan, African Unity Rhetoric President John Dramani Mahama, in a State of the Nation address to mark Ghana’s 59th independence anniversary on March 6, 2016, made two important pronouncements with foreign relations implications. The first was his government’s plan to improve the knowledge and usage of French language in Anglophone Ghana, which is surrounded by French speaking nations. The advantages of this strategic initiative, if effectively implemented, are many. The second policy statement of international import, but which almost escaped media attention is that,…
    Written on Sunday, 17 April 2016 13:44 in Parliament
  • By Ochereome Nnanna: Grazing reserve is ethnic imperialism
    By Ochereome Nnanna: Grazing reserve is ethnic imperialism THE All Progressives Congress (APC) Federal Government led by President Muhammadu Buhari appears hell-bent on imposing the establishment of grazing reserves across Nigeria in spite of the many unpalatable implications it will unleash on unsuspecting Nigerians. On Thursday, 31st March 2016, I wrote an article on this column entitled: “Ranching, yes; grazing reserves, no!” The article called attention to what was then speculated as intentions of the Federal Government to launch this obnoxious policy aimed at handing over lands belonging…
    Written on Monday, 11 April 2016 01:21 in Parliament


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Recent News

  • Under Jonathan, Diezani was untouchable–Sanusi
    Under Jonathan, Diezani was untouchable–Sanusi The Emir of Kano, Alhaji Muhammadu Sanusi 11, said that nobody that had a confrontation with the former Minister Petroleum Resources, Mrs. Diezani Alison-Madueke, during the administration of President Goodluck Jonathan, survived such an effrontery. This, Sanusi said, was because the former minister was one of the most powerful ministers under Jonathan. He said, “I knew that taking on the Nigerian National Petroleum Corporaton was taking on the most powerful minister in Jonathan’s government, and nobody who had touched Diezani had survived. It was not a question of what would happen, I just didn’t care at that time. I did not want to go down in history as having seen this and kept quiet. “After the first round of reconciliation, there was $29bn that was explained. And how was that explained? Crude that was shipped by NNPC did not entirely belong to NNPC.” He said some oil companies paid taxes and royalties in oil, and the NNPC sold this oil on behalf of FIRS, meaning FIRS got the money and not necessarily the federal government. “No reasonable explanation for $20bn, $6bn was with NPDC that had not gotten to the federation account till date.” Sanusi also said that Jonathan threatened…
    Written on Thursday, 05 May 2016 00:52 in Business and Economy Read 38 times
  • Diezani to face trial over $115m bribe to INEC officials
    Diezani to face trial over $115m bribe to INEC officials The Economic and Financial Crimes Commission (EFCC) has hinted that former Minister of Petroleum, Diezani Alison-Madueke will face trial over the $115million (N23.29bn) bribe paid the officials of the Independent National Electoral Commission (INEC) across the 36 states ahead of the 2015 general elections. After investigation, EFCC operatives believe the $115m doled out by Diezani and her associates through Fidelity Bank came from proceeds of stolen crude oil. The companies who fronted for Diezani by transferring money into Fidelity Bank account on her behalf are Northern Belt Gas Company Limited; Auctus Integrated; Midwestern Oil and Gas; and Lenoil, owned by Laitan Adesanya. Out of the N23.29 billion distributed by Fidelity Bank, Gesila Khan, who was the Resident Electoral Commissioner (REC) of Rivers States at the time got N185.8million. She is now the REC of Cross River state. Fidelia Omoile (Electoral Officer in Isoko-South Local Government Area of Delta State) got N112.5 million; Uluochi Obi Brown INEC’s Administrative Secretary in Delta State got N111,500,000. A former Deputy Director of INEC in Cross River State, Edem Okon Effanga was paid N241,127,000 and the Head of Voter Education in INEC in Akwa Ibom, Immaculata Asuquo also got N214,127,000. The EFCC is still compiling…
    Written on Wednesday, 04 May 2016 02:42 in Business and Economy Read 77 times

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