The Governor of Kaduna, Nasir El-Rufai, Saturday in Ibadan said the discovery of oil in Nigeria is responsible for the brain drain in the country. Governor El-Rufai, who spoke at the 2017 Founder’s Day Celebration in memory of Prof Ojetunji Aboyade, which was organised by the Development Policy Centre, said because Nigeria got ‘easy money’... Read More

brain drain, governor of Kaduna, Nasir el-Rufai, oil money

September 8, 2017

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“NNPC does not see a penny from crude sales” – GMD

The group managing director of the Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, in response to some reports, especially from the Nigeria Extractive Industries Transparency Initiative (NEITI), says monies from sales of crude oil does not enter the oil firm’s accounts. NEITI had said in its March 2017 policy brief that by its own calculations,... Read More

The News Blog

crude oil sales, NEITI, nnpc, oil money

February 13, 2017

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Feyi Fawehinmi: Everybody in NNPC is a thief [A polemic]

by Feyi Fawehinmi Following the story about Andrew Yakubu and his dollar stash, I went on a twitter rant (deliberately trying to be provocative). There is not a single good woman or man in NNPC. Not one. Every single person there is a thief. — tyro (@DoubleEph) February 11, 2017 Naturally a lot of... Read More

Opinion

Andrew Yakubu, Buhari, corruption, diezani, Feyi Fwehinmi, nigeria, nnpc, oil money, opinion

December 19, 2016

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The Thread: The Syrian crisis simplified

Perhaps you know that Syria has been at war since 2011, but do you know why? This thread attempts to break down the reasons Syria found itself in a war not quite so much of its own making. Western and Arab forces had a lot to do with it, @ovozainab says. Conspiracy theory? You decide.... Read More

Aleppo, Christians, oil money, Shi'a, Sunnis, syria, US interferance

November 2, 2016

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Annkio Briggs: Setting the agenda for the meeting between Niger Delta leaders and Pres. Buhari (Pt. 2)

by Annkio Briggs SETTING THE NIGER DELTA AGENDA [dropcap]A[/dropcap]s recently confirmed by Nigeria’s minister of state for petroleum resources, Dr. Ibe Kachikwu when he presented a roadmap for the development of the nation’s oil and gas industry at the Presidential Villa Abuja on Thursday the 27th of October, 2016 that President Buhari will meet with some... Read More

Bayelsa, corruption, nddc, Niger Delta, nigeria, oil money, president buhari

March 19, 2015

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Sanusi would give his life for Boko Haram to stop killing people

by Ranti Joseph Former Governor of the Central Bank of Nigeria and the current Emir of Kano, Lamido Sanusi, said the Federal Government has not adequately addressed the issues surrounding the missing $20bn oil money. Sanusi said during an interview with Christiane Amanpour on the Cable News Network on Wednesday, that the level of corruption... Read More

The News Blog

missing $20bn fund not adequately addreesed says Sanusi, oil money, sanusi

February 5, 2014

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Sanusi to NNPC: $20 billion in oil funds still missing

by ‘Jola Sotubo Despite recent assertions that only $10.8 billion in oil funds was unaccounted for, the Governor of the Central Bank, Sanusi Lamido Sanusi, has said that the figure is actually $20 billion. The CBN governor disclosed this to members of the Senate Committee on Finance at the National Assembly. He said: “It is... Read More

$10.8 billion, $12 billion, $20 billion, missing, nnpc, oil money, Sanusi Lamido

January 25, 2013

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Tragic choices: How Yar’Adua, Jonathan squandered N10.6trn – Oby Ezekwesili

by Isi Esene Oby Ezekwesili, former Vice President (Africa) of the World Bank and federal minister during the President Olusegun Obasanjo administration yesterday alleged that about $67bn had, in the last five years, been squandered by the two successive governments of Umar Musa Yar’Adua and Goodluck Jonathan. She reportedly said the money was left in... Read More

economy, Excess Crude Account, federal reserves, Goodluck Jonathan, Nsukka, Oby Ezekwesili, oil money, olusegun obasanjo, Umar Musa Yar'Adua, UNN, World Bank

“The earlier the oil dries up the better” – Gov El-Rufai

“NNPC does not see a penny from crude sales” – GMD

Feyi Fawehinmi: Everybody in NNPC is a thief [A polemic]

The Thread: The Syrian crisis simplified

Annkio Briggs: Setting the agenda for the meeting between Niger Delta leaders and Pres. Buhari (Pt. 2)

Sanusi would give his life for Boko Haram to stop killing people

Sanusi to NNPC: $20 billion in oil funds still missing

Tragic choices: How Yar’Adua, Jonathan squandered N10.6trn – Oby Ezekwesili

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