Ini Ekott

Posts by Ini Ekott:

hunger

EXCLUSIVE: Real reason France supported Biafra during Nigerian civil war

A controversial French support to Biafra as it fought to break away from Nigeria between 1967 and 1970 was not in defence of Biafra's secession cause -- even though it had a humanitarian appeal. Instead, it was based on that European country's desire to have access to the region’s oil,…

Late. Murtala Mohammed [Photo credit: www.vozafric.com]

EXCLUSIVE: Inside America’s damning verdict on Murtala Muhammed, Obasanjo after 1975 coup

For nearly half a century after his stint as Nigeria’s military leader, Murtala Muhammed remained widely regarded as a dogged corruption fighter who took fearless steps against official graft. As head of state, the army general dismissed more than 10, 000 public officials, charged many to court for malpractices, and…

EFCC Chairman, Ibrahim Magu

FACT-CHECK: Senate Confirmation: How SSS lied against EFCC boss, Magu

On Thursday, the Nigerian Senate declined to confirm the appointment of Ibrahim Magu as substantive chair of the country’s premier anti-graft agency, the Economic and Financial Crimes Commission (EFCC). The upper legislative chamber claimed it could not approve the presidency’s request to confirm Mr. Magu based on a security report…

EFCC Chairman, Ibrahim Magu

EXCLUSIVE: Inside the fierce intrigues that blocked Magu from top EFCC job

The Senate’s refusal to confirm Ibrahim Magu as head of the Economic and Financial Crimes Commission, was months in coming. In the end, it was a rancorous power-play involving the Senate, the State Security Service, and the Presidency that sealed Mr. Magu’s fate. At a hurriedly arranged press conference Thursday,…

Crude oil extraction [Photo credit: Bloomberg]

OPEC 1.2 million barrel oil cut to commence January

The Organisation of the Petroleum Exporting Countries, OPEC, has agreed to cut oil production for the first time since 2008. The decision, which will see 1.2 million barrels cut per day from January 1, 2017, is aimed at shoring up the price of crude, and ending a record glut that…

Obasanjo and Buhari at State House

Obasanjo strikes again, attacks Buhari, National Assembly, Military

The honeymoon between President Muhammadu Buhari and former President Olusegun Obasanjo seems to have ended. For the one and a half year that Mr. Buhari has been in power, Mr. Obasanjo remained one of his staunchest backers, visiting him repeatedly and publicly defending most of his actions. But speaking in…

Naira notes

South Africa beats Nigeria, reclaims spot as Africa’s largest economy

South Africa’s economy has leapfrogged Nigeria’s as Africa’s largest in dollar terms, reclaiming the top spot it lost two years ago. Both economies face recession after contracting this year. But while the South African rand has gained more than 16 per cent since the beginning of 2016, Nigeria’s naira has plunged…

A patch of forest in Akamkpa, Cross River State. The state holds over half of Nigeria's standing rainforest

INVESTIGATION: How a $4 million UN climate programme impoverished Nigerian communities

Things were looking up for William Obio when he decided to invest more in his logging business. For the first time in years, his nine children and three brothers were eating well, and he could support his over half-a-dozen team of machine operators, saw men, scouts, and wood carriers. Such…

Senator David Mark

#PanamaPapers: Ex-Nigeria Senate President, David Mark, illegally operates secret companies in tax haven

Nigeria’s immediate past Senate President, David Mark, has links to at least eight offshore shell companies while holding public office, in violation of a federal code of conduct law, a massive leak of files belonging to Mossack Fonseca, a law firm in Panama, shows. The files, seen by PREMIUM TIMES,…

President Muhammadu Buhari

Buhari to spend more than Jonathan on Presidential Villa; to spend less on food

President Muhammadu Buhari will spend N18.1 billion in 2016 to run the State House, Nigeria’s seat of power, an amount that is N11.5 billion more than what his predecessor, Goodluck Jonathan, spent in 2015. The amount is also N5.9 billion more than what Mr. Jonathan spent in 2014 on the…

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Ex-Namibia president awarded $5m Mo Ibrahim prize

Former Namibian President Hifikepunye Pohamba on Saturday accepted the $5 million Mo Ibrahim prize for African leadership. The prize committee chairman and former secretary general of the defunct Organisation for African Unity, Salim Ahmed Salim, said Mr. Pohamba’s “focus in forging national cohesion and reconciliation at a key stage of…

Buhari in France

UPDATED: Buhari assigns Ministers; Fashola heads Power and Works, Amaechi gets Transportation

President Muhammadu Buhari has assigned his newly-appointed ministers offices. The full list of the ministers and their offices are as follows: Kemi Adeosun (Ogun) – Finance Rotimi Amaechi (Rivers)--Transportation Chris Ngige (Anambra)--Labour and Employment Kayode Fayemi (Ekiti)--Solid Minerals Babatunde Fashola (Lagos)--Power, Works and Housing Abdulrahman Dambazau (Kano)--Interior Aisha Alhassan (Taraba)--Women…

Rivers Election Tribunal

Why Tribunal sacked Wike as Rivers Governor

The Rivers State Election Petition Tribunal sacked Nyesom Wike as governor of Rivers State on Saturday and ordered a fresh poll. The tribunal, headed by Suleiman Ambrosa, delivered its ruling in Abuja. It did not give a time limit for a new election to be conducted, possibly because the judgment…

Diendere

Burkina Faso coup: Top ally of former dictator, Compaore, named ruler

A Burkina Faso general, who served as top military aide to former dictator, Blaise Compaore, for three decades, was named Thursday as the leader of a coup that sacked the West African nation’s interim government. Gilbert Diendere, a former chief-of-staff to Mr. Compaore, was named the head of the new…

Interim President of Burkina Faso Michel Kafando speaks during his inauguration ceremony November 21,  2014 in Ouagadougou.  Kafando, 72, former ambassador to the UN,  was sworn in as transitional president three weeks after the fall of Blaise Compaore when he tried to extend his 27-year rule.      AFP PHOTO / SIA KAMBOU

Military confirms Burkina Faso coup, dissolves government

The military in Burkina Faso has announced the dissolution of the country’s transitional government, a day after presidential guards arrested the interim president and prime minister. President Michel Kafando and Prime Minister Yacouba Zida were detained by soldiers who stormed an afternoon Cabinet meeting, plunging the poor West African country…

Buhari and Osinbajo

UPDATED: Presidency discloses details of Buhari, Osinbajo’s assets

President Muhammadu Buhari and Vice President Yemi Osinbajo, finally, disclosed details of their declared assets Thursday, bowing to growing public pressure for the new government to do so within its first 100 days. Mr. Buhari had N30 million in his bank account before taking office on May 29, while Mr.…

President Muhammadu Buhari and Vice President Yemi Osinbajo in a meeting with House of Reps members

Verification of Buhari, Osinbajo’s assets yet to begin – Code of Conduct Bureau

President Muhammadu Buhari and Vice President Yemi Osinbajo have not commenced the process of having the Code of Conduct Bureau verify details of their declared assets, ahead of making them public, the head of the bureau has said. Sam Saba, chairman of the code of conduct office, said the bureau…

Chairman of Transition Committtee, Dr Ahmed Joda, President Muhammadu Buhari, Vice Chairman Doyin Salami, APC Nartional Chairman Chief John Oyegun during the final presentation of report of Transition committee to the President at the defence house in Abuja

EXCLUSIVE: Joda Committee to Buhari: Sack Jonathan’s last-minutes appointees, review contracts of last 18 months

The Ahmed Joda transition committee has urged President Muhammadu Buhari to immediately terminate all dubious appointments made by former President Goodluck Jonathan in the last nine months, and review all contracts awarded by the administration in the last 18 months. The committee said this is to help the new government…

Charles Soludo, Former Governor,  Central Bank of Nigeria

INTERVIEW: I’m not available to serve in Buhari’s govt. now — Soludo

It has been difficult tracking Professor Charles Chukwuma Soludo (former Governor of the Central Bank) since his bombshells before the general elections, but finally we tracked him down in his private library at his residence in Abuja on Friday, 5 th June, 2015. He seemed unwilling to say much, at…

IGP Suleiman Abba

How Jonathan disgraced Suleiman Abba, leaving Police IG working hours after sack

President Goodluck Jonathan deliberately humiliated Police Inspector General, Suleiman Abba, out of office Tuesday, delivering his decision by Twitter without an advanced communication, and leaving Mr. Abba, one of Nigeria’s most criticised police chiefs, at work several hours after his dismissal, PREMIUM TIMES can authoritatively report. By 11.23p.m. Tuesday, more…

Senate chamber

APC snatches Senate majority, ends PDP’s 16-year rule

After 16 years of majority power in Nigeria’s two houses of parliament, the Peoples Democratic Party, PDP, has finally lost the Senate to the now ruling party-elect, the All Progressives Congress, APC. The APC secured 60 seats out of 109, according to PREMIUM TIMES’ tally, based on results released by…

President Muhammadu Buhari

Akwa Ibom erupts in celebration over Buhari win

Thousands of Akwa Ibom residents thronged the streets of Uyo, the state capital, and other towns Tuesday, singing songs and waving brooms – the symbol of the All Progressives Congress – to celebrate the emergence of Muhammadu Buhari as Nigeria’s president-elect. Mr. Buhari, the candidate of the APC, defeated incumbent…

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Okonjo-Iweala contradicts Petroleum Agency, PDP over cause of fuel scarcity

Nigeria’s finance minister, Ngozi Okonjo-Iweala, has blamed the ongoing fuel crisis on “disruption of pipelines and logistical issues”, apparently invalidating earlier reasons given by the government agency responsible for pricing and regulation of petroleum products. The minister also contradicted the ruling Peoples Democratic Party, which accused the opposition All Progressives…

gejn soludo

Jonathan replies Soludo over “missing N30 trillion” claim

President Goodluck Jonathan seized the opportunity of an interview with a Nigerian newspaper last week to hit back at a former Central Bank governor, Charles Soludo, who accused his government of failing to account for at least N30 trillion, and allowing corruption to flourish. Mr. Jonathan dismissed Mr. Soludo’s claim…

Image: Tim Meko / Shutterstock

INVESTIGATION: David Mark’s wife, Dangote, Adenuga, others named in #SwissLeaks as operators of secret foreign accounts

Some of Nigeria’s wealthiest industrialists, former government officials and their relatives, were amongst thousands of individuals around the world who operated highly secretive foreign accounts with the Swiss branch of banking giant, HSB​C, concealing their identities for years and using codes perhaps to shake off tax authorities from accounts, some…