State Legitimised Treasury Looting And Budget Padding In Nigeria

Nigeria has earned far more income in the last ten-eleven years of its 4th republic democratic experiment than the prior 35 years before 1999. Nigeria’s GDP had grown from a paltry $90Billion in 1998 to about $350 billion in 2009 alone which means that on a year to year basis our GDP has grown by […]

FEC approves N4.56trn for 2011 budget

THE Federal Government has approved about N4.56trillion to be appropriated for the 2011 fiscal year, showing about N5 trillion or 10 per cent less than the amount appropriated in the current budget. The approval which followed a meeting of the Federal Executive Council (FEC) presided over by Vice-President Namadi Sambo at the State House, Abuja […]

STUDENTS DISRUPT IBB’S RALLY IN ABEOKUTA.

A RALLY organised by supporters of Gen. Ibrahim Babangida (rtd) to shore up the support base for the former military president’s ambition turned sour yesterday in Abeokuta, the Ogun State capital. Some protesters, believed to be students of higher institutions, stormed the Lalubu Road, venue of the rally and dislodged the organisers. The rally, which […]

SOUTH-SOUTH LEADERS SUSPEND DOKPESI

FOR taking up a job as the Director-General of the campaign organisation of General Ibrahim Babangida (rtd), the chairman of DAAR Communications, Chief Raymond Dokpesi, has drawn the ire of the South-South Peoples’ Assembly (SSPA). The SSPA, consisting of the South-South Elders and Leaders’ Forum, appraised at its Abuja meeting, the Dokpesi leadership of the […]

Another N1 Billion Scandal trails Danbazzau, other sacked Army Chiefs …Budgeted N55 Billion for Non-Existing Simulation Center

Fresh facts have emerged how sacked former Chief of Army Staff, General Abdulrahman Danbazzau and other sacked service chiefs ensured the released of N1 Billion under the pretext of purchasing military equipments that already exist in the military warehouse. Danbazzau in a letter in May 2011 demanded the immediate release of the N1 Billion for […]

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