Subsidy Shadows: The Billions Nigerians Cannot See, by Haroon Aremu
When former President Goodluck Ebele Jonathan attempted to remove fuel subsidy in 2012, the nation erupted. Streets were flooded with protesters, labour unions shut down economic activities, and what became known as the Occupy Nigeria...
Billionaire businessman Femi Otedola has accused the administration of former President Goodluck Jonathan of misappropriating over N2 trillion through fraudulent petrol subsidy claims, with depot licenses central to the scam.
El-Rufai Criticises Privatization of Power Sector
Kaduna State Governor, Nasir El Rufai, has criticised the privitasation of Nigeria power sector privatisation, noting that the country has lost nearly 15 years of energy sector investment.
He affirmed that clear roadmaps for structural reforms set up by the...
Jonathan Handed to Buhari $28.6bn Foreign Reserves, $5.6bn Dividends and N4tr Budget in 2015 - Chidoka
A former Minister of Aviation, Osita Chidoka, has countered the Minister of Transportation, Rotimi Amaechi, over comments that the money left behind by the administration of ex-president Goodluck Jonathan...
Senate Names Jonathan, Sambo, Others In N665.8bn Diversion, Demands Refund
The Senate has demanded a refund of funds totalling N665.8bn which were allegedly diverted by the Office of Accountant General of the Federation from the Solid Mineral Development Fund and Stabilisation Fund to ministries, departments...
In Six Years, Buhari Regime Has Borrowed $2.02bn From China
The Buhari’s administration has borrowed $2.02bn as loans from China from 2015, data obtained from the Debt Management Office on Monday showed.
According to the statistics obtained from the DMO, Nigeria’s total debt from China as...
