• CBN spends N23bn on local production of rice

    CBN spends N23bn on local production of rice

    According to reports, the Governor of the Central Bank of Nigeria, Godwin Emefiele, on Tuesday said that the Federal Government has spent N23bn in promoting local production of rice, soya bean, sugar and other important produce.

    Emefiele, represented by his Special Adviser on Development Finance, Mr. Paul Eluhaiwe said spoke in Kebbi after inspecting the Wasagu Soya bean project and launching of the dry season farming.

    The Soya bean project is a partnership between Kebbi government and International Capital Market Group commodity […]

  • EFCC arrests ex-Zamfara Governor, SSG, state PDP Chairman over Diezani’s N23bn

    EFCC arrests ex-Zamfara Governor, SSG, state PDP Chairman over Diezani’s N23bn

    As probe into the $115m (N23bn) bribe allegedly shared by former Minister of Petroleum Resources, Diezani Alison-Madueke continues, the Economic and Financial Crimes Commission, EFCC, on Saturday arrested former Zamafara Governor, Mamuda Shinkafi; ex-Secretary to his Government; Aminu Nahuce; and Senator Hassan Nasiha, state chairman of the Peoples Democratic Party.

    The trio were arrested based on the statement of a former Minister of State for Finance, Bashir Yuguda, who reportedly confessed last week that he supervised the disbursement of N450m through […]