Too much money is wasted or stolen, and you cannot but wonder how many more roads or schools or hospitals the loot could have built. Increasingly, it appears two major things will eventually define the administration of President Goodluck Jonathan: the power sector and the anti-graft war. Don’t misunderstand me – we need massive infrastructural... Read More

Bi-Courtney, corruption, Cosmas Maduka, EFCC, Electricity, Fraud, fuel subsidy probe, Goodluck Jonathan, Ifeanyi Ubah, olusegun obasanjo, Umar Musa Yar'Adua, Wale Babalakin

What I meant to say was… “FG will prosecute indicted oil companies”, says Adoke

by Isi Esene Apparently trying to undertake damage control, the Attorney General of the Federation (AGF) and Minister of Justice, Mohammed Bello-Adoke, has had a change of … well something -over reports of him claiming the federal government will not prosecute oil marketers indicted by the House of Representatives ad-hoc Committee on the probe of... Read More

AGF, Attorney General of the Federation, fuel subsidy probe, Integrated Oil and Gas, Mohammed Bello Adoke

July 5, 2012

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Olusegun Adeniyi: N422 billion – The real Subsidy Scam exposed by Aig-Imoukhuede

by Segun Adeniyi The more the investigations into what passed for fuel subsidy payments, especially in 2011, the more the revelations about how some Nigerians simply took the nation for a ride by sharing among themselves hundreds of billions of Naira of pubic money. Unfortunately, Nigerians do not seem to be paying much attention to... Read More

fuel subsidy probe, Imoukhuede report, opinion, segun adeniyi

June 16, 2012

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“I have nothing to hide” – Femi Otedola thinks the House of Reps is “laughable”

by Lekan Olanrewaju The CEO of Zenon Oil and Gas Limited – who is currently caught up in a bribery scandal involving Honorable Farouk Lawan – has shared a few of his thoughts on current developments in the House of Reps and they are, well, interesting. The House of Reps had yesterday suspended the head... Read More

Bribery Scandal, Farouk Lwan, Femi Otedola, fuel subsidy probe, House of Reps

June 15, 2012

‘We must never be cowed’ – House of Reps suspends Farouk Lawan

by Adeniyi Abdul In light of the recent bribery scandal involving Honourable Farouk Lawan and Femi Otedola, the House of Representatives today served the former head of the fuel subsidy probe panel with an indefinite suspension, appointing John Enoh in his place. This took place at an emergency plenary session of the House this morning.... Read More

farouk lawan, fuel subsidy probe, House of Reps, nigeria, Politics

June 13, 2012

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Japheth Omojuwa: The interest above Nigeria’s interest (YNaija FrontPage)

He had a chance to stay a hero and he chose the path of zero. Hon. Farouk Lawan has compromised the veracity of the fuel subsidy probe… I respected Hon. Farouk Lawan a lot. He always looked composed and in control. When I had the chance to meet him just after Occupy Nigeria, he was... Read More

bribe, corruption, farouk lawan, fuel subsidy probe

May 15, 2012

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Tunde Bakare gives up? SNG suspends protest – heads to court

by Lekan Olanrewaju Clearly tired of waiting for the president to take action on the report of the House of Reps fuel subsidy probe, the Save Nigeria Group has filed a lawsuit against him. The lawsuit, filed yesterday at the Federal High Court, Lagos Division states that the withdrawal of over N2.587trillion from the Consolidated Revenue... Read More

fuel subsidy probe, Save Nigeria Group, SNG, Subsidy Probe Report

May 14, 2012

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Reuters: President Jonathan may not prosecute those indicted by subsidy probe report

by Lekan Olanrewaju Bad news – at least for those who were getting excited at the prospects that indicted parties in the House of Reps fuel subsidy probe will be prosecuted; you may be getting your hopes up for nothing. The odds may not be in the favour of President Jonathan cracking down on those spotlighted by the... Read More

fuel subsidy probe, GEJ, Subsidy Probe Report

May 5, 2012

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Confusion in FG? After AGF calls for caution, Okonjo-Iweala wants #fuelsubsidyreport indictees punished

by Lekan Olanrewaju Finance Minister and Coordinating Minister for the Economy, Ngozi Okonjo-Iweala has spoken on Nigeria’s debt, stating that the country is “doing very well” with its N6trillion debt profile. She however warned that the domestic debt would have to be monitored closely. Speaking at the ministerial press briefing marking President Jonathan’s one year in office... Read More

debt, fuel subsidy probe, Okonjo-Iweala

Simon Kolawole: Jonathan, don’t drop the ball

What I meant to say was… “FG will prosecute indicted oil companies”, says Adoke

Olusegun Adeniyi: N422 billion – The real Subsidy Scam exposed by Aig-Imoukhuede

“I have nothing to hide” – Femi Otedola thinks the House of Reps is “laughable”

‘We must never be cowed’ – House of Reps suspends Farouk Lawan

Japheth Omojuwa: The interest above Nigeria’s interest (YNaija FrontPage)

Tunde Bakare gives up? SNG suspends protest – heads to court

Reuters: President Jonathan may not prosecute those indicted by subsidy probe report

Confusion in FG? After AGF calls for caution, Okonjo-Iweala wants #fuelsubsidyreport indictees punished

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