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NASS, FG Disagree Over N1.2trn Fuel Subsidy

NASS, FG Disagree Over N1.2trn Fuel Subsidy By Chika Izuora — Oct 29, 2014 | 5 Comments Real trouble is about to break out between the National Assembly and the presidency over the proposed N1.22 trillion budgetary allocation for petroleum subsidy in the 2015 budget appropriation. The figure includes N971.4 billion as subsidy for premium motor spirit (PMS) otherwise known […]

STEP UP PROSECUTION OF FUEL SUBSIDY CORRUPTION SUSPECTS –GROUP URGES FG

Written by Mohammed Shosanya, Lagos The Africa Network for Environment and Economic Justice (ANEEJ) has commended the Economic and Financial Crimes Commission (EFCC) over its renewed efforts in pursuing ongoing fuel subsidy corruption cases in the country. The group’s action was sequel to the accelerated pace some of the cases have been receiving in the past two months. ANEEJ’s Policy […]

REPORT OF STEP DOWN WORKSHOP ON DISASTER MANAGEMENT HELD IN YENAGOA, BAYELSA STATE

INTRODUCTION The Africa Network for Environment and Economic Justice (ANEEJ), in collaboration with Bayelsa State Emergency Management Agency, organized a 2-day step down workshop on disaster management for selected staff of Yenagoa and Ogbia Local Government Councils in Bayelsa State, from Wednesday 8th – Thursday 9th October, 2014 at SSG Conference Hall, State Secretariat, Yenagoa. The workshop was held in […]

Curbing endless fuel subsidy swindles

President Goodluck Jonathan’s demonstration of government’s apparent helplessness in checking rampaging economic terrorists eating up 60 percent of fuel subsidies meant to assist the poor, does not inspire hope of ending the nation’s financial hemorrhage that denied the citizenry of improved socioeconomic welfare. The President had August 28 failed woefully to address satisfactorily the age long pilferage of fuel subsidies […]

MEDIA ADVISORY

MEDIA ADVISORY Guests at Spokesperson’s Noon Briefing on Friday to focus on financing the post-2015 development agenda In its report, the Intergovernmental Committee of Experts on Sustainable Development Financing found that the financing needs for sustainable development were in the trillions of dollars per year. Annual global savings, at $USD 22 trillion, are sufficient to meet these needs, but current […]

N1.9b Subsidy Scam: ‘Wagbatsama, Others Have Case To Answer’ – Court Rules

Walter Wagbatsama; Adaoha Ugo-Ngadi; Fakuade Babafemi Ebenezer and Ontario Oil & Gas Nigeria Limited are alleged to have fraudulently obtaining the sum of N1,959,377,542.06 from the Petroleum Support Fund for a purported importation of 39.2million litres of Premium Motor Spirit. BY WILSON UWUJARENOCT 13, 2014 Walter Wagbatsama, Adaoha Ugo-Ngadi and their company, Ontario Oil and Gas Nigeria Limited have lost […]