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refund
October 10, 2017
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Yobe requests refund of N13bn expended for fight against insurgency

Yobe State governor, Ibrahim Gaidam has requested the refund of at least 30 per cent of N13 billion the State Government expended on fighting Boko Haram insurgency. Gaidam made the request while in a closed-door meeting with President Muhammadu Buhari in the Presidential Villa, Abuja on Monday. Background: President Muhammadu Buhari had on Monday met three Northern... Read More
The News Blog
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July 19, 2017
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Is Paris Club refund the litmus test for restructuring?

by Alexander O. Onukwue The argument for restructuring has been that states will have more powers to determine their growth and development based on the resources at their disposal. The present system of distributing to states from the FAAC has seen the Federal Government literally spoon feed the states, with the result being that many... Read More
Story of the day
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June 20, 2017
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Paris Club refund: ‘EFCC recovers N500m governor’s loot from mortgage firm’

The Economic and Financial Crimes Commission (EFCC) has recovered N500 million said to be part of the Paris Club refund, kept with a mortgage firm by a governor, The Nation reports. According to the newspaper, a source said officials of the mortgage firm also made a statement confirming that the governor owns the N500million. “When... Read More
The News Blog
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April 7, 2017
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Supreme Court sacks reps member, orders refund of allowances

The Supreme Court on Friday removed Sopuluchukwu Ezeonwuka, a Peoples Democratic Party (PDP) lawmaker, representing Orumba north/south, Anambra federal constituency at the House of Representatives. Justice Kudirat Kekere-Ekun gave the order in an appeal filed by a member of the party, Ben Nwankwo. Nwankwo had claimed that his name was switched with Ezeonwuka’s after he... Read More
The News Blog
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April 21, 2016
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Railway contracts: 6 companies to refund N2.5bn ‘excess payments’

Six contractors involved in the N1 trillion railway construction and rehabilitation contracts, are expected to refund over N2.5 billion to the federal government. The refunds are termed ‘excess payments’ which were made to the contractors by Nigeria Railway Corporation. This was made known on Wednesday during the resumed hearing of the House of Representatives ad... Read More
The News Blog
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February 4, 2016
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FG recovers $14m from Jide Omokore’s Atlantic Energy

The Chairman of Atlantic Energy Drilling Concepts Nigeria Limited, Jide Omokore has reportedly paid over $14m, worth of crude oil royalty to the federal government. The company which was incorporated in 2010, was controversially awarded oil assets by the Goodluck Jonathan government. Omokore is widely believed to have been an ally of the former President and also has... Read More
The News Blog
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October 10, 2015
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Amaechi, others asked to refund billions allegedly stolen from Rivers

The government of Rivers state, has ordered former governor Rotimi Amaechi, and his alleged collaborators, to return about N100 billion, said to have been siphoned from the state. A white paper was released to this effect on Friday, by the state government, based on the recommendations of the commission of inquiry set up to probe the alleged... Read More
The News Blog
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February 8, 2015
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Angry PDP aspirants demand refund of ‘mobilisation’ money

by Ranti Joseph Aggrieved aspirants of the Peoples Democratic Party (PDP ) across the country have demanded refund of their nomination fees and money spent on mobilisation during primaries. They had threatened not to work for the PDP and its candidates until their demands were met. The aspirants who met in Abuja on Saturday under the... Read More
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January 10, 2014
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‘BREAKING: Psquare to return money paid for wack performance’: Top 10 reactions to Psquare’s Glo CAF Awards display

by  Tutu Akinlabi The Glo CAF Awards held yesterday night at the Eko Hotel and Suites in Victoria Island, Lagos and it was an event packed full of surprises. The first of such surprises was received when Yaya Toure received the award instead of Mikel Obi whom many Nigerians were rooting for. Next up was... Read More
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