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Aminu Tambuwal, Speaker of the House of Representatives on resumption of legislative session, today reiterated the commitment of the Legislature towards timely passage of the 2014 budget despite the late presentation. The Speaker who presided over Tuesday plenary also emphasised the need to ensure independence for the Judiciary through financial autonomy as the country prepares […]

President Goodluck Jonathan on Tuesday transmitted to the Senate, the names of 12 ministerial nominees for confirmation. The senate president, David Mark, announced the names of the nominees on the floor of the Senate at the resumed plenary session for the year 2014. In his words, the nominees are: 1. Mr. Boni Haruna from Adamawa  2. Mrs […]

Frustrated Governor Ibikunle Amosun of Ogun State has vowed not to take things easy with members of the National Assembly from his state planning to thwart his ambition for a second term in office henceforth. In a letter, titled Pulling down the House to Protect a Corner: A Note of Caution dated 18th January 2014, and […]

Smoking in areas designed as public places in Lagos state It is now an offence punishable by three months imprisonment or a fine of N10,000, as the Lagos State House of Assembly on Monday passed a law prohibiting public smoking. While the above punishment is for first offenders, those who repeatedly go against the law would face […]

Mr. President, most distinguished National Executive Members of our great party, permit me to start by expressing my profound gratitude and deep appreciation to you all, for the confidence reposed in me. I am particularly grateful to Mr. President, Vice President, Board of Trustee Chairman, the State Governors and other top leaders of our party, […]

Seun Kuti, the youngest son of late Afrobeat legend Fela Anikulapo Kuti, has denied that being born by his father is not actually his ticket to stardom. Instead, he said that being born by the late Fela has impeded his vision and ability, and brought him more stress and lack of big-time fortune. “I don’t […]

President Goodluck Jonathan will leave Abuja on Tuesday for the World Economic Forum in Davos, Switzerland, where he will lead efforts to attract beneficial global participation in this year’s World Economic Forum on Africa to be hosted by Nigeria in Abuja between 7th and 9th May. The president will be accompanied and supported by key members of the […]Read More

Bernard Otti, NNPC’s Group Executive Director, Finance & Accounts, explained at a press conference in Abuja,  recently that, out of the contentious unresolved net balance of $10.8bn unremitted oil revenue alleged by CBN Governor, “a total sum of $8.49bn was spent on subsidy claims, while $1.22bn was spent on management and repairs of petroleum pipelines; […]

Treasury looter and former Governor of Bauchi State, Adamu Muazu has been chosen as the new National Chairman of the Peoples Democratic Party (PDP). He replaces Alhaji Bamanga Tukur, who resigned voluntarily last week. Adamu Mauzu  Muazu was Governor of Bauchi State between 1999 and 2007. His appointment will be announced on Monday.  Adamu Muazu is a close ally of […]Read More

The Lagos State Government has announced that it closed 2013 with an impressive 125 per cent last-quarter budget performance and a cumulative year round record of 85 per cent. The State, which ran a N507.105billion budget at a Capital to Recurrent ratio of 54 to 46 per cent, said further that it recorded a cumulative […]

There was confusion at the premises of Zoom Mobile, a now moribund telecommunications company located close to the National Theatre, Iganmu, Lagos on Sunday, following a an explosion while some people were transferring fuel.  The ensuing incident left neighbours and residents scampering to safety, many thinking it must have been a bomb explosion. Though fire fighters from […]

Below is the transcript of the address of the Honourable Minister of Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, at the TEDxEuston: Before I start I think I’m going to ask for something. I don’t know if it can be done, can we have some music? These horns – can somebody make […]