Friday, 16 October 2015

Hot Topic


 Nigeria difficult to administer

A former head of state, General Yakubu Gowon, on Thursday, said Nigeria, being a country with multiple ethnic diversity and sectional interests, is difficult to administer.


Gowon, while answering questions from newsmen in Ikenne, while on a condolence visit to the Awolowo family, said Nigerians should exercise patience with their leaders.

He urged Nigerians to make their demands known to government in order to improve things, saying he experienced difficult task in managing the country for three years.
*culled from Nigerian tribune

FG probes NNPC, NPA and NIMASA

Federal Government has commenced probe into activities of its agencies over remittance of revenue into the Federation Account

This was disclosed yesterday at the meeting of the National Economic Council, NEC, by the Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele. Emefiele told the Council how some Federal Government agencies short changed the country by remitting naira into the Federation Account instead of the dollar revenue they collected.

The Governor was in company of three other colleagues, including Aminu Tambuwal (Sokoto), Darius Ishaku (Taraba) and Olusegun Mimiko (Ondo). Ayade said: “We received a brief report on how agencies remiting dollar revenues in naira into the Federation account given by the CBN governor.

“He said investigations are on-going. Such agencies include but not limited to NNPC, NIMASA and NPA.” Ayade also said NEC received briefing on the excess crude account which stands at $2.2bn as at yesterday.
culled from national mirror 

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