Acting President, Professor Yemi Osinbajo on Tuesday met with the delegation of General Electric. Speaking about the meeting on his social media account, Osinbajo said, “Today, I met with a delegation from General Electric and one of the things we discussed was the proposed concessioning deal of the East-West lines of the Nigeria Railways to... Read More

$2bn, General Electric, Jeff Immelt, Professor Yemi Osinbajo, railway

April 14, 2016

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‘Nigeria does not need it’ | Fayose writes China to deny Buhari of $2bn loan (READ)

Ayodele Fayose, the Ekiti state governor has written a letter to the Chinese government, demanding the cessation of the prospective loan of $2bn to the federal government of Nigeria. Fayose said some of the projects for which the loan was being sought were not included in the 2016 budget. The letter dated April 12, 2016,... Read More

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$2bn, Buhari, China, Fayose, loan

December 14, 2015

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Jonathan approved the disbursement of N10bn to PDP delegates – Dasuki

Former National Security Adviser (NSA) Sambo Dasuki says former President, Goodluck Jonathan, authorised him to release N10 billion to Peoples Democratic Party (PDP) nomination convention delegates. Dasuki said the funds was released to Jonathan’s former Special Assistant on Domestic Affairs and Aide-de-Camp, Waripamowei Dudafa. He said the money was given out by the two aides, based... Read More

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$2bn, arms deal, EFCC, Goodluck Jonathan, N10bn, PDP, Sambo Dasuki

December 10, 2015

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Dasuki and company should be tried by the ICC – Femi Falana

Femi Falana says those found guilty diverting funds meant for the purchase of arms for the Boko Haram war, should be prosecuted by the International Criminal Court. While presenting a paper during the opening of the Amnesty International’s office in Abuja on Tuesday, Falana said hundreds of people were killed by Boko Haram due to lack of equipment,... Read More

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$2bn, arms deal, femi falana, Sambo Dasuki

December 10, 2015

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$2bn arms scandal: ‘We cannot keep quiet about this’ – Buhari

President Muhammadu Buhari says the country cannot afford to sweep under the rug the alleged diversion of $2 billion meant for arms procurement. Buhari said the string of revelations of corruption at the ongoing investigation into the arms procurement probe, shows a clear betrayal of trust by those empowered to purchase equipment for the military.... Read More

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$2bn, arms deal, president buhari

December 10, 2015

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I never collected N100m, I only met Dasuki ‘once or twice’ – Bode George

Former Deputy National Chairman of the Peoples Democratic Party, Bode George, says he never received N100m from the former National Security Adviser, Sambo Dasuki. Bode George said it was unfortunate that Sahara Reporters is trying to implicate him the $2.1bn arms purchase deal, which he was never involved in. The PDP chieftain gave Sahara Reporters seven days to retract the report... Read More

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$2bn, arms deal, Bode George, Sambo Dasuki

December 9, 2015

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$2bn arms scandal: 7 photos from the arraignment of Raymond Dokpesi

Chairman-Emeritus of DAAR Communications Plc, Raymond Dokpesi, was earlier today, arraigned by the Economic and Financial Crimes Commission before a Federal High Court in Abuja. Dokpesi, alongside his company, Daar Investment and Holdings Ltd, were arraigned on Wednesday, on six counts of money laundering and procurement fraud related charges. He’s accused of receiving N2.1bn from the office of the National Security... Read More

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$2bn, 7 photos, Arms scandal, arraignment, Raymond Dokpesi

December 4, 2015

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‘I never set eyes on Dasuki throughout his tenure’ – Bode George

Former Peoples Democratic Party (PDP) Deputy National Chairman, Bode George, says he never met former National Security Adviser, Sambo Dasuki, throughout his tenure. Dasuki is being investigated for his role in the alleged diversion of $2 billion, meant for the procurement of arms and military equipment for the armed forces. It was revealed on Thursday, that Bode George... Read More

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$2bn, arms deal, Bode George, Sambo Dasuki

December 3, 2015

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Sambo Dasuki sings at EFCC, names PDP chieftains, ex-governors in $2bn arms deal

Embattled former National Security Adviser (NSA) Sambo Dasuki has made revelations to the Economic and Financial Crimes Commission, on the $2billion fake arms deal. Dasuki was indicted by a committee set up by the Federal Government to investigate how about $2billion meant for procurement of arms was diverted. After laying seige to his house for several weeks, the Department of State... Read More

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$2bn, arms deal, EFCC, ex-governors, PDP chieftains, Sambo Dasuki

November 6, 2015

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DSS lied, I wasn’t invited by committee on $2bn arms purchase – Sambo Dasuki

Former National Security Adviser, Colonel Sambo Dasuki (retd), has countered the claim of the Department of State Services, that he was invited for questioning, but he never showed up. The DSS had stopped Dasuki from travelling abroad for medical treatment on Thursday, after a Federal High Court, sitting in Abuja, had ordered the agency to release his... Read More

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$2bn, Arms purchase, Committee, DSS, medical treatment, Sambo Dasuki