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

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 4, 2012

#InCaseYouMissedIt: Minister of Justice says fuel subsidy probe indictments cannot be acted upon yet

by Lekan Olanrewaju The Attorney General of the Federation and Minister of Justice, Justice Mohammed Adoke has urged Nigerians to exercise patience regarding the ongoing fuel subsidy probe. Details of the House of Representatives probe carried about by the Honourable Farouk Lawan led committee were last month made public in a report which indicted several firms, marketers, as well... Read More

Fuel Subsidy Scam, Subsidy Probe Report

April 24, 2012

#FuelSubsidyReport: Indicted firms threaten to sue House of Reps for N100 billion

by Lekan Olanrewaju The newly released report on the Mallam Farouk Lawan led House of Reps probe on the fuel subsidy scam incriminated several parties including 18 oil companies of mismanaging substantial amounts of fuel subsidy. The companies, which include Mobil Oil Nigeria, CAH Resources Association Limited, Crust Energy Limited, Stonebridge Oil Limited, Petrotrade, Lucky... Read More

Fuel Subsidy Scam, Subsidy Probe Report

April 24, 2012

Me, Resign? – Diezani Allison and NNPC boss say subsidy report “cannot be taken seriously”

by Lekan Olanrewaju The Nigerian National Petroleum Commission, NNPC, which was implicated in the report, had earlier this week spoken out against the report, describing it as “absurd”, and now the Minister of Petroleum Resources, Diezani Allison-Madueke, and the Group Managing Director of the NNPC have gone further to state that they will not resign from their jobs.... Read More

Fuel Subsidy Scam, Subsidy Probe Report

April 24, 2012

#FuelSubsidyReport: “It is too early to take a decision,” says Jonathan

by Lekan Olanrewaju President Goodluck Jonathan has spoken out about the newly released fuel subsidy probe report, stating that it is too early for him to take any decision, but promising that he will act “in the best interest of Nigerians”. The report of the Honourable Farouk Lawan led probe indicted several firms in the scam involving... Read More

Fuel Subsidy Scam, GEJ, Subsidy Probe Report