News Desk Friday, December 21, 2007

How FG, states shared N248tr Paris Club windfall

DETAILS of how the two-tranche payment totaling $2.068 billion (N248.16 trillion) was shared among the states of the federation and the Federal Government in the last two weeks were distributed are now unfolding. MORE>>>

Niger Delta militants quit peace talks with govt

ALLEGING among others an ulterior motive in the Federal Government's on-going peace talks with Niger Delta militant groups, the Joint Revolutionary Council (JRC) has announced its resolve to quit the party. MORE>>>

Militants free deputy gov’s father, seize Accountant-General’s dad

A pall of gloom has descended on the family of Bayelsa State Accountant- General, Mr. Thomas Zidafamor as unknown gunmen stormed his community, Bolou-Orua in the Sagbama Local Government Area of Bayelsa State and kidnapped his 91-year-old father, Pa Anderson Zidafamor. MORE>>>

EFCC Quizzes Ngige over N5bn ‘Security Account’

Former governor of Anambra State, Dr. Chris Ngige, Tuesday joined the growing list of ex-governors facing interrogation by the Economic and Financial Crimes Commission (EFCC) over allegations of corruption. MORE>>>

EFCC begins probe of Obasanjo’s daughter

THE Economic and Financial Crimes Commission may have been silently working on a petition brought against the daughter of former President Olusegun Obasanjo, Senator Iyabo Obasanjo-Bello, over a controversial N3.5 billion power project contract, even before the issue was made public by the Nigerian media on Thursday. MORE>>>