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Showing posts from October 23, 2016

President Muhammadu Buhari writes National Assembly seeking Permission to borrow $4.5b

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The President, Muhammadu Buhari today wrote to the National Assembly, seeking permission to borrow about $4.5b. This was contained in a letter to the House of Representatives Leadership, led by Rt. Hon. Yakubu Dogara 

Former NSA, Dasuki Did Not Steal $2.2billion – Ex-President Jonathan

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Immediate past president, Goodluck Jonathan, on Monday, said it was impossible for the National Security Adviser (NSA) during his administration, Sambo Dasuki, to have stolen $2.2 billion as claimed by the Economic and Financial Crime Commission (EFCC). Mr. Dasuki, who has been in detention since December 1, 2015, was arrested by security agencies in an early morning raid on the orders of President Muhammadu Buhari for the alleged misappropriation of $2.2 billion meant to purchase equipment for the Nigerian military in its battle against Islamist group, Boko Haram. A Federal Capital Territory High Court, Abuja last Friday granted the application of the EFCC to consolidate the two separate cases against the former army Colonel. A statement by the anti-graft commission said Mr. Dasuki would be re-arraigned on November 16. Mr. Jonathan, who was speaking at the famous Oxford Union, Oxford United Kingdom, on the subject of promoting youth entrepreneurship, argued that it was “not just p

DSS Foils Escape Attempt of Bala Mohammed's Aide and Fmr. DG AGIS

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A middle-aged man named "Idris" has been apprehended by the Department of State Services (DSS) detectives for attempting to facilitate the escape of a former BBC Hausa Service reporter, Jamilah Tangaza from Nigeria through a small border town in Kwara state. The DSS agents caught Idris with Ms. Tangaza's passport after he had attempted to get it stamped by the Nigerian Immigration Services outpost in Chikanda in Kwara State. According to a DSS official, Ms. Tangaza was waiting to collect the passport and exit Nigeria through the border town. She could not be found after her emissary tipped her off that he'd been arrested by the DSS. Ms. Tangaza was detained in August 2016 by the Economic and Financial Crimes Commission accused of stealing N800million as while she served as the Director of Abuja Geographic Information Systems (AGIS) as well as a Senior Special Assistant to the  former Federal Capital Territory Minister, Bala Mohammed.  A  source at the EFCC told Sah