Hon. Yakubu Dogara, Speaker of the House of Representatives, has accused some state governors of siphoning funds meant for local governments, leaving rural areas under-developed and in poverty.
Dogara also condemned the continual hijack of funds meant for local government councils, in the name of joint account, calling it “evil”.
The Speaker went further to state his opposition to the existence of care-taker committees in running local government councils, this was even as he reiterated the resolve of the National Assembly to grant […]
There are indications that some serving governors and a minister, are among owners of about 1,500 exotic vehicles parked in the Volkswagen Yard, on the Mile 2-Badagry Expressway in Lagos.
A governor from the South-East (name withheld) has been identified as the owner of 15 Sports Utility Vehicles seized by officers of the Nigeria Customs Service and parked in the agency’s office in Ikeja.
The Senate Committee on Customs, Excise and Tariff, led by its Chairman, Hope Uzodinma, had visited the VON premises last […]
The Chairman of Capital Oil and Gas, Mr. Ifeanyi Ubah, has said his desire to govern Anambra State is not to make money.
He said he was richer by every standard than some state governors.
Ubah said his ambition to govern his state was borne out of his conviction that he could better the lots of the people.
He said, “I am blessed in every ramification. If not for the love I have for Anambra, I should not have any reason to aspire […]
According to Finance Minister, Kemi Adeosun, here is a list of all the 22 conditions state governors have to fulfill to access the Federal government’s N90 billion loan. The conditions include;
Publish audited annual financial statements within nine months of financial year end.
Comply with the International Public Sector Accounting Standards (IPSAS)
Publish state budget online annually
Publish budget implementation performance report online quarterly
Develop standard IPSAS compliant software to be offered to states for use by state and local governments
Set realistic and achievable targets […]
An indication has emerged into how the Minister of state for Petroleum Resources, Dr. Ibe Kachikwu and state governors prevailed on President Muhammadu Buhari to jack up the price of Premium Motor Spirit, PMS, better known as petrol, from N86.50 to N145 per litre.
This, according to Newsmen, was revealed by a top official of the federal government, who told journalists in Abuja last night that Buhari had strongly resisted the proposal by Kachikwu for several months but “succumbed reluctantly this […]