• Senate uncovers unclaimed overtime cargoes worth billions of naira

    Senate uncovers unclaimed overtime cargoes worth billions of naira

    According to reports, the Senate had discovered overtime cargoes worth billions of naira stacked at the Ikorodu Lighter Terminal, Lagos State, by the Nigeria Ports Authority for not less than 10 years.

    The Chairman Senate Committee on Customs, Excise and Tariff, Sen. Hope Uzodinma, made the disclosure when briefing newsmen in Abuja on Tuesday.

    He said that the containers were moved there by the NPA to decongest the Apapa Port.

    Uzodinma said that the committee discovered the cargoes during its oversight visit to […]

  • FG asks Lagos to refund billions of naira collected in wharf landing fees

    FG asks Lagos to refund billions of naira collected in wharf landing fees

    According to reports, the federal government has asked the Supreme Court to declare the Lagos State Wharf Landing Fees Law No 5 of 2009 unconstitutional and to order the state to refund all the monies collected through the law.

    The law was passed in 2009 when Babatunde Fashola, now the Minister for Power, Works and Housing, was the state governor. It imposes levies which vary from N1,000 to N3,000 on consignments transported from Lagos ports into the local government areas of […]

  • Patience Jonathan must explain how she earned billions – Sagay

    Patience Jonathan must explain how she earned billions – Sagay

    The Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay (SAN), has said with the fresh admission by Patience Jonathan that she owns the $5m traced to her accounts by the Economic and Financial Crimes Commission, means the anti-graft agency has the right to probe her.

    According to him, if the former first lady is claiming that she owns the money then she must explain how she earned it.

    The discovery of the additional amount, in the former first lady’s Skye Bank […]

  • We have recovered billions of Naira from looters – Buhari

    We have recovered billions of Naira from looters – Buhari

    President Muhammadu Buhari has once again disclosed that his administration has been able to recover billions of naira from those who looted the nation’s coffers.

    The president stated this at the graduation ceremony of course 24 participants of the National Defence College Abuja on Friday.

    Buhari added that through the implementation and enforcement of the Treasury Single Account (TSA) the nation has been able to save a lot of money that would otherwise have been siphoned by unscrupulous individuals.

    ”As part of efforts […]