joshua

Posts by joshua:

What N180million being spent on upgrading Deputy Governor’s mansion can do for Kano

The Kano state Government on Thursday announced that it would be shelling out N180million to renovate the official residence of Deputy Governor Hafiz Abubakar. The state government said the renovation became necessary to raise the property to a level befitting of Mr. Abubakar’s “status”. The planned expenditure triggered widespread condemnation…

NNPC reassigns head of crude oil sales

The Nigerian National Petroleum Corporation (NNPC) has announced the redeployment of the head of its crude oil marketing division, Gbenga Komolafe. Mr. Komolafe is now to function as group general manager, special duties, a statement by the corporation's Group General Manager, Public Affairs, Ohi Alegbe, said. The most senior General…

Nigeria lost over N6.4 trillion to corruption-ridden NNPC oil sales – NRGI Report

Nigeria would have been buoyant enough to finance its 2015 budget of N4.36 trillion and still pay off its external debts of N2.03 trillion if it had not lost more than that amount -- $32 billion (N6.4 trillion at N200/$1) -- to massive corruption that characterized oil sales by the…

nigeria corruption protest

What “missing” N11.56trillion excess crude fund can do for Nigeria

If one third of the Nigerian population were to queue up for a bonus pay cheque, no fewer than 53 million citizens will smile home with N18,000 every month for a full year from the unaccounted N11.56 trillion Excess Crude Accounts now subject of national accountability scandal. PREMIUM TIMES exclusive…

INVESTIGATION: At least ₦11.56 trillion Excess Crude Fund unaccounted for in 8 years

At least N11.55 trillion or $84.52 billion expected revenue into the coffers of the nation’s Excess Crude Account for the eight-year period from 2007 to 2014 are unaccounted for, according to findings by PREMIUM TIMES based on data from multiple government agencies not made public, in violation of the laws…

Nigeria spends N4.62 trillion on National Security in 5 years, yet widespread insecurity remains

Amidst claims by Nigerian security agencies that they are being underfunded, PREMIUM TIMES can authoritatively report today that a total N4.62trillion has been allocated to the federal security sector in the past five years. How this huge sum was spent however remains unclear as there are no reliable performance reports…

INVESTIGATION: Men, Woman facing criminal allegations, who will make laws for Nigeria

Nigeria’s eighth National Assembly was inaugurated on Tuesday, June 9. At the chambers of the Senate and the House of Representatives, 109 Senators and 360 Representatives were sworn in to office for a four-year term. Section 66(1a-i) the 1999 Constitution bars certain categories of Nigerians from being members of the…

Nigeria grants provisional licences to 17 community broadcast organisations

The Nigeria government, through the National Broadcasting Commission, has granted 17 provisional community broadcast licences to community development organizations across the six geo-political zones of Nigeria. This was revealed yesterday at the Nicon Luxury Abuja by Emeka Mba, the Director General of the NBC, who addressed the Meeting of Community…

SHOCKING: 2015 Budget: National Assembly’s N150billion enough to fund capital votes for 20 Federal MDAs

The whopping N150 billion allocated to the National Assembly in the 2015 Appropriation Act, can fund capital votes for 20 Ministries, Departments and Parastatals [MDAs], a PREMIUM TIMES analysis of the budget has shown. The budget of the 469-member National Assembly consisting of 109 senators, 360 members of the House…

REPORT CARD: Nigerian Senators, Reps cornered N600bn in 4 years but passed only 106 bills

Nigerian lawmakers managed to approve only 106 new laws out of 1,063 brought before them in the last four years, despite spending more than half a trillion naira within the period, earning the notorious title as the world’s highest paid legislators. The figures mean for the National Assembly, with a…

Top 10 Corruption Scandals Nigeria’s National Assembly Hasn’t Resolved

The seventh National Assembly will most likely end its tenure in early June without resolving majority of the huge misgovernance and corruption issues that characterised the outgoing administration. Under the present dispensation, the oversight power of the legislature was not judiciously exercised to guarantee Nigerians the dividends for electing their…