Slippery crude oil swap

The recent payment of over $202 million to the Nigerian National Petroleum Corporation (NNPC) downstream entities by Aiteo Energy Resources Limited for fraudulent deals under the scrapped crude oil swap arrangement has reaffirmed the need to fully unravel all transactions surrounding the controversial barter plan during the last administration. The amount includes Aiteo’s share of the $184 million total indebtedness by three companies on crude swap obligations and other downstream liabilities. Televaras Group of Companies has also pledged to make a tranche payment of $17.2 million while NNPC is still…

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Seven herdsmen bag life imprisonment

Falae: I didn’t suffer in vain We are studying judgement –Counsel Herders kill mother of seven, other in Benue   An Ondo State High Court sitting in Akure yesterday sentenced seven herdsmen to life imprisonment for kidnapping Chief Olu Falae, a former Secretary to the Government of the Federation (SGF). The seven convicted persons are Abubakar Auta, Bello Jannu, Umaru Ibarahim, Masahudu Muhammed, Idris Lawal, Abdulkadir Umar and Babawuro Kato. Falae was kidnapped on September 21, 2015 when the herdsmen allegedly invaded his farm in Ilado in Akure North Local…

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How Reps rejected proposal to sack govs

A controversial bill seeking to amend the 1999 constitution to empower the National Assembly to remove state governors was kicked out by members of the House of Representatives a week ago. PHILIP NYAM reviews the debate on the rejected proposed legislation Members of the House of Representatives were last week engaged in a heated debate reminiscent of the tenure elongation agenda otherwise called third term, during the 5th Assembly. Apparently aware of the mood of the nation and the impression the public have about the legislature, the lawmakers were unanimous…

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N3.4bn largesse: INEC officials refund bribe

The Independent National Electoral Commission (INEC) yesterday said some of its staff accused of benefitting from a N3.4 billion bribe money in the 2015 general elections have refunded their share. The INEC Chairman, Prof. Mahmud Yakubu, disclosed this when he visited the Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Magu, in Abuja. A statement by the spokesman of the EFCC, Mr. Wilson Uwujaren, quoted the INEC chairman as saying that 70 of the affected staff in three states were still in denial. Yakubu, according to…

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Exam malpractice: Five principals demoted in Ebonyi

Five principals of public secondary schools in Ebonyi State had been demoted to classroom teachers for aiding and abating examination malpractice during the Senior School Certificate Examination (SSCE) in the school. Also, 25 teachers and supervisors indicted in the malpractice had been placed on half salaries for three months. Commissioner for Education, Prof. John Ekeh, made the revelation while speaking with newsmen in Abakaliki yesterday. According to him, 15 private schools indicted in the report will not be allowed to participate in SSCE for one year while they will equally…

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WAEC: Five principals demoted, 25 teachers get half salaries over malpractice

….15 schools suspended Five principals of public secondary schools in Ebonyi State have been demoted to classroom teachers for aiding and abating examination malpractice during the Senior School Certificate Examination (SSCE). Also, 25 teachers and supervisors indicted in the malpractice have been placed on half salaries for three months. The state Commissioner for Education, Professor John Ekeh disclosed this to reporters in Abakaliki Thursday. He said 15  private  schools indicted in the report will not be allowed to participate in SSCE for one year while they will pay a fine…

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Magu: We’ll prosecute indicted INEC staff

Magu

 Some indicted staff have made refunds – Yakubu  The Economic and Financial Crimes Commission (EFCC), has vowed to prosecute all staff of the Independent National Electoral Commission (INEC), who were found to have allegedly compromised their positions during last December’s Legislative re-run election in Rivers State. Acting Chairman of the EFCC, Mr. Ibrahim Magu made this known Thursday, when the INEC Chairman, Prof. Mahmood Yakubu and his management team called on him at the Commission’s headquarters, Abuja. It will be recalled that the INEC recently suspended 205 of the affected…

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Ndume’s suspension: Senate politics of vendetta

CHUKWU DAVID reports on the Senate’s suspension of the senator representing Borno South, Ali Ndume, which some analysts have blamed on vendetta politics Senator Mohammed Ali Ndume, the former majority leader of the Eighth Senate, represents Borno South on the platform of the ruling All Progressives Congress (APC). He has been in the National Assembly since 2003, when he won election into the House of Representatives on the platform of All Nigerian Peoples Party (ANPP). He served as minority leader in the lower House between 2007 and 2011. In 2011,…

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