SUBSIDY: FG, oil marketers clash over interest charge on July 23, 2014 (Vanguard Newspapers) By Clara Nwachukwu The Federal Ministry of Finance and petroleum products marketers are now engaged in war of words over accrued interest on bank loans on account of delayed payments of subsidy by the ministry. Although both parties have taken newspaper advertorials to state their cases, […]
Subsidy must go – Finance Commissioners, NECA On July 16, 2014 (Vanguard Newspapers) *Removal ‘ll impoverish Nigerians; it’s corruption that should go— NLC BY FUNMI KOMOLAFE, EMMA UJAH & VICTOR AHIUMA YOUNG Commissioners for Finance from the 36 states of the federation rose from their monthly Federation Accounts Allocation Committee, FAAC, meeting in Abuja, yesterday, insisting that petroleum products subsidy […]
Managing Disaster In Niger Delta By Igbotako Nowinta Last Modified: 07/21/2014 10:56:04 “In all of this, the civil society must continue to play its roles as the survival of democracy relies on the virility of the civil society. Civil Society must lead the campaign in favour of fiscal federalism and true federalism in Nigeria… We must continuously demand for political […]
Edo Women Conference: Our Issues, Our Voices, Oba Akenzua Cultural Centre, Thursday 17th July 2014 PRESS RELEASE A heterogeneous group of EDO WOMEN living in Nigeria and in the Diaspora, who are concerned about societal issues in Nigeria, and Edo state in particular, in collaboration with respectable international and national partners, are organising a non-political Conference on Edo Women’s Issues […]
COMMUNIQUÉ The Africa Network for Environment and Economic Justice (ANEEJ), in collaboration with the Edo State Ministry of Environment organized a 2-Day Regional Workshop on Natural Disaster Management Strategies in Niger Delta Region of Nigeria, Participants commended ANEEJ, Edo State Ministry of Environment and the Royal Norwegian Embassy for putting together such an important event. Participants Management from 9th – […]
The recommendation for total removal of fuel subsidy by the National Conference Committee on Public Finance and Revenue generated controversy. CLEMENT IDOKO traces the history of fuel subsidy removal in the country… THE furore that always trails government’s attempt to remove subsidy on petroleum products was reignited at the ongoing National Conference when delegates broke into opposing camps, arguing for […]
Subsidy Regime of Controversy 2014-07-01 MICHAEL EBOH A of years now the Federal Government has mused over the removal of subsidy on some petroleum products, notably, premium motor spirit, PMS or petrol and household kerosene, HHK, simply called kerosene. Datelines have been pushed yearly, and now pegged at 2015. However, attempts to remove the fuel subsidy, supported through the Petroleum […]
Stakeholders have rapped the Bayelsa State government for not involving the people in its budget processes to justify claims of operating transparent governance in the state. They observed that the annual budgets of the state, even under the present administration in the state, have not had the peoples’ inputs in the budgeting processes. Their position was contained in a communique […]
In what may be its biggest haul of suspected economic criminals till date, the Economic and Financial Crimes Commission (EFCC) has arraigned 121 suspects, including companies, for alleged fuel subsidy scam and oil theft in the Niger Delta. EFCC EFCC Boss It has also recovered about N6.53 billion from evaders of customs duties at the Lagos ports. EFCC’s Head of […]
N976.6m Fuel Subsidy Fraud: EFCC Files Amended 10-Count Charge Against Oil Marketer — June 25, 2014 The Economic and Financial Crimes Commission (EFCC) on Wednesday filed an amended 10-count charge against an oil marketer, Habila Theck, who is facing a N976.6 million fuel subsidy fraud charge. The charge was filed against Theck and his company — Fargo Petroleum and Gas […]