Nigeria’s finance minister presented lawmakers Thursday with a proposed budget of 4.642 trillion naira ($29 billion) for 2014, saying it was lower than last year because of rampant oil theft and lower customs duties. Minister Ngozi Ikonjo-Iweala said the proposal includes capital expenditure of just 1.1 trillion naira... Read more
The Central Bank of Nigeria (CBN) Governor, Sanusi Lamido Sanusi, turned around Wednesday on his earlier revelation that the sum of $49.8 billion realised from the sales of crude oil between January 2012 and July 2013 were not remitted to the Federation Account by the Nigerian National... Read more
* Obasanjo compares situation with brutal Abacha-rule * Former leader says Jonathan promised not to seek 2nd term * Presidency says claims are reckless and baseless Nigerian President Goodluck Jonathan has been told it would be “morally flawed” for him to run for re-election... Read more
Boko Haram Leader Boasts of Attack on Nigeria Military Installation
Nigeria December 12, 2013
The leader of an Islamic extremist group in northeastern Nigeria boasts in a new video of a daring attack on military bases in a provincial capital and threatens to attack the United States next. Few believe the Boko Haram terrorist network currently has the capability for such complex... Read more
Nigeria’s Senate launched an investigation on Wednesday into a letter written by the central bank (CBN) which said that the state-oil firm NNPC failed to pay $50 billion of revenue from oil sales into government accounts. NNPC earned $65.3 billion from crude oil sales between January 2012 and July... Read more
Four winners of the 2012 Local Government Area cultural parade have been presented with cash prizes. The first prize of One Million Naira went to the Calabar Municipal council, while three local governments – Ikom, Odukpani and Bakassi tied and were given Three Hundred and Sixty-Six Thousand Naira each. Presenting... Read more
As the nation warms up for the conduct of general elections in 2015, the Bayelsa State Governor, Hon. Henry Seriake Dickson has warned youths against being used as canon folders to forment trouble by selfish politicians, advising them to take education seriously with a view to increasing their... Read more
The Rivers State Chapter of the All Progressives Congress (APC), says it received with shock the news of yesterday’s judgment of the Federal High Court (FHC), Abuja, presided over by Justice Ahmed Mohammed, which declared as unconstitutional, the taking over of the Rivers House of Assembly by the National... Read more
By Henry Omoregie 1. Boko Haram does not believe in the Nigerian Constitution (only the Quran and Sharia) 2.Boko Haram says President Jonathan and ALL NIGERIAN CHRISTIANS must convert to ISLAM before anything like DIALOGUE (and also rejected any offer of truce, saying it is the... Read more
Amid cheers and song for the prisoner who became peacemaker, President Barack Obama energized tens of thousands of spectators and nearly 100 visiting heads of state Tuesday with a plea for the world to emulate Nelson Mandela, “the last great liberator of the 20th century.” Obama’s eulogy was... Read more
