By Comrade Timi Frank By Mayjorh on September 2, 2014 (Olaitan Ajiboyes Blog, Published on Leadership Newspapers) When President Goodluck Jonathan precipitously removed fuel subsidy, in January 2012, the country was wracked by protests, strikes and demonstrations. Prior to Jonathan’s miscalculation, most Nigerians had always argued that there was nothing like fuel subsidy. Rather, they asked the federal government to […]
28 Aug 2014 (This day Newspapers) Paul Obi The Economic and Financial Crimes Commission (EFCC) Thursday re-arraigned eight persons alleged to have defrauded the federal government of billions of naira on petroleum products. The accused arrested include Adedamola Ogungbayibi, Olaniran Olabode, Suraju Gasali, Moses Emmanuel, Wilson Bonsi, Padoun Kayode Jacob, Okparaodi Omaka Uche and Onyeogo Happy. The accused were arraigned […]
August 28, 2014 Steve Ayorinde As far as the knotty issue of petroleum subsidy fraud is concerned, Nigerians cannot afford to take their eyes off the ball. Apprehension and prosecution of fraudulent persons and organizations, in addition to recovering the loot from them, should be important components of any effort aimed at sanitizing the oil sector. These are crucial as […]
By: Charles Okonji August 28,2014 Strong indications have emerged that the Federal Government and the United States have launched full investigation into smuggling of the Nigerian crude oil through Saltpond platform in Gbana. Information gathered revealed that several thousands of barrels, which were supposedly pilfered from Nigeria, made their way to global markets through Saltpond oil facility, which is owned […]
By Francis Onoiribholo The Executive Director of Africa Network for Environment and Economic Justice (ANEEJ), David Ugolor, on Tuesday gave kudos to the Economic and Financial Crimes Commission (EFCC) over reaction to oil deal. The kudos came on the heels of EFCC’s prompt refutal of allegation published in the US-based Wall Street Journal that it allegedly sold crude oil seized […]
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 […]
By Innocent I. Edemhanria Oil spill is a common sight in the Niger Delta Region of Nigeria and several communities have suffered the devastating effect of such spills. At the end it is the local communities located around such oil installations that bear the brunt. The spills are sometimes caused by several factors including poorly maintained infrastructure located around high […]
[dropcap]A[/dropcap] public affairs analyst and executive director of the Africa Network for Environment and Economic Justice (ANEEJ), David Ugolor has blamed the lack of political will by the Nigerian government to carry out decisive actions on probe reports on the oil and gas sector as the major reason why corruption still thrives in the sector. These views were expressed on […]