The Big 5: Court nullifies Adeleke’s candidacy; Buhari rejects Ajaokuta Steel Completion Fund Bill | Other top stories

Here are the stories you should be monitoring today: Court nullifies Adeleke’s candidacy A High Court of the Federal Capital Territory has nullified the candidacy of a senator, Ademola Adeleke, as the flag bearer of the Peoples Democratic Party in the September 2018 gubernatorial elections. The court, presided by Othman Musa, made the decision after... Read More

Featured, The News Blog

Adeleke, Ajaokuta Steel Completion Fund Bill, Bashir Yuguda, DasukiGate, Joint Admissions and Matriculation Board (JAMB), The Big 5

December 18, 2015

BREAKING: Dasuki, others granted bail

The former National Security Adviser, NSA, Sambo Dasuki, and four others standing trial for alleged money laundering and criminal breach of trust, have been granted bail by a High Court, sitting in FCT, Abuja. The others are: former director of finance at the office of the NSA, Shuaibu Salisu, a former Group General Manager of the Nigerian National... Read More

Featured, The News Blog

arms deal, Attahiru Bafarawa, bail, Bashir Yuguda, diversion, Fraud, Sambo Dasuki

December 16, 2015

Dasuki’s ‘tendency to jump bail is high’ – EFCC

The counsel to the Economic and Financial Crimes Commission, Rotimi Jacobs (SAN) informed the FCT High Court on Wednesday that granting bail to Sambo Dasuki, Bashir Yuguda, Attahiru Bafarawa and other defendants in the arms fraud case, is risky. According to Jacobs, it would dangerous to allow the accused persons go on bail, owing to the nature... Read More

The News Blog

arms deal, Bashir Yuguda, EFCC, Sambo Dasuki

December 15, 2015

I got N100m from PDP, not Dasuki or Yuguda – Peter Odili

Former governor of Rivers State, Peter Odili says he never received N100 million from the former National Security Adviser, Col. Sambo Dasuki (rtd) through former minister of state, finance, Bashir Yuguda. Odili released a statement on Tuesday, stressing that he’s never had any dealings with Dasuki nor has he ever collected money from the Minister of... Read More

The News Blog

Bashir Yuguda, PDP, Peter Odili, Sambo Dasuki

December 15, 2015

Grim-faced Dasuki and the #ArmsGate suspects arraigned on fresh charges (See Photos)

Somber and dour could be best used to describe the expression on the faces of the former National Security Adviser, Sambo Dasuki and other suspected pilfers of the nation’s coffers, as they were arraigned before a Federal High Court, sitting in Abuja, on Tuesday. Dasuki, a former Minister of State for Finance, Bashir Yuguda, former... Read More

The News Blog

arms funds, Attahiru Bafarawa, Bashir Yuguda, Sambo Dasuki

December 15, 2015

Dasuki, Yuguda, Bafarawa, others arraigned on fresh corruption charges

Former National Security Adviser, Sambo Dasuki; a former Minister of State for Finance, Bashir Yuguda; a former Sokoto State Governor, Attahiru Bafarawa and his son, Sagir as well as several others have been charged on new criminal charges. They were arraigned at the Federal High Court Abuja on a 19-count charge bordering on money laundering and criminal... Read More

The News Blog

Attahiru Bafarawa, Bashir Yuguda, Corruption charges, Dasuki Smabo

December 14, 2015

‘I don’t know what Yuguda is talking about, I received ‘only $30,000’ – Bode George

Former Deputy National Chairman of the Peoples Democratic Party, Bode George, says he only received $30,000 (N5,981,581) from the former minister of state for finance, Bashir Yuguda, contrary to the latter’s testimony that the former was paid N100 million. Yuguda had in the Statement of Witness/Accused Person filed in the High Court of the Federal Capital Territory, revealed that... Read More

Featured

Bashir Yuguda, Bode George, Sambo Dasuki

December 13, 2015

#DasukiGate: How I shared N600m between Odili, George, Nwobodo, others – Bashir Yuguda

Former Minister of State for Finance, Bashir Yuguda, has revealed to the Economic and Financial Crimes Commission (EFCC) that he disbursed N600million cash to six chairmen of the Contact and Mobilisation Committee of the Peoples Democratic Party (PDP) for the 2015 general election. Yuguda said the recipients of the funds were: Bode George (South-West); Amb. Yerima Abdullahi... Read More

Featured

Attahiru Bafarawa, Bashir Yuguda, Bode George, Jim Nwobodo, Peter Odili

November 30, 2015

Former minister of finance, Bashir Yuguda arrested by EFCC

A former Minister of State for Finance, Bashir Yuguda, has been arrested by the Economic and Financial Crimes Commission (EFCC) over arms procurement deals during the last administration. Yuguda was reportedly arrested alongside other top officials from the office of the former National Security Adviser (NSA), Sambo Dasuki. According to Premium Times, Yuguda was arrested Monday afternoon... Read More

The News Blog

arms deal, arms procurement, arrest, arrested, Bashir Yuguda, dasuki, EFCC, minister of finance, Yugudu

December 29, 2014

National Theatre sold in secret deal to UAE company, to become shopping mall

by Kolapo Olapoju According to GulfAfricaReview, the National Theatre has been sold by the Ministry of Culture and Tourism, headed by Edem Duke, to ‘Mulk Holdings’, a company based in the United Arab Emirates. The prospective sale and rebranding of the national edifice has been in the talks for some time, but many Nigerians have... Read More

The News Blog

Bashir Yuguda, Edem Duke, GulfAfricaReview, National Theatre, Sharjah's Mulk Holdings, Suzanne group, united arab emirates

November 19, 2014

FG, states and local governments share N593.33 billion in October

by James Sambo The three tiers of government – federal, states and local governments, have shared N593.33 billion, representing the revenue accrued to the nation in the month of October. This figure was made public yesterday by the Minister of State for Finance, Bashir Yuguda in Abuja while briefing newsmen on the outcome of the Federation... Read More

The News Blog

Bashir Yuguda, fuel subsidy, ngozi okonjo iweala, nigeria, states, Timothy Odah

October 22, 2014

FG borrows more – “deploys” $14.1 billion for real sector of the economy

by James Sambo The Federal Government has deployed $14.1 billion to support the real sector of the economy. Speaking at the Finance Ministry’s ministerial press briefing on Tuesday, 22 October, in Abuja, Ngozi Okonjo-Iweala said that the support was aimed at mobilising finance to bolster the real sector. She disclosed that most of the funds were independently sourced... Read More

The News Blog

Abuja, Bashir Yuguda, enugu, Federal Government, funds, kano, lagos, ngozi okonjo iweala, Port Harcourt, real sector