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Daily Archives: April 20, 2012

Fuel Subsidy Probe: Tambuwal Faces Impeachment Threat

Fuel Subsidy Probe: Tambuwal Faces Impeachment Threat

Following Wednesday’s release of the report of the House of Representatives’ ad hoc committee on the scandals surrounding the management of oil subsidy, an impeachment threat now hovers around the Speaker of the House of Representatives, Hon. Aminu Tambuwal. Chairman of the Ad Hoc Committee, Alhaji Farouk Lawan, is also facing threats from unnamed forces on account of the panel’s ...

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Video: The Greatest Speech Ever Made – By Charlie Chaplin

Video: The Greatest Speech Ever Made – By Charlie Chaplin

One of the most inspirational speeches in recorded history was given by a silent comedian by the name of Charlie Chaplin. If you like what you hear please share the video any way you can and pass the message on. “Let us fight to free the world, To do away with national barriers, to do away with greed, with hate ...

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Nigeria: Subsidy Fund Will Finish Before Year End – Sanusi

Nigeria: Subsidy Fund Will Finish Before Year End – Sanusi

The Governor, Central Bank of Nigeria, Mr. Lamido Sanusi, has said that the N656.3bn allocation made for fuel subsidy in the 2012 budget will run out before the end of the year. In addition to the N656.3bn allocation for this year, the Federal Government had also provided N231.8bn in the budget for the payment of the 2011 subsidy arrears, adding ...

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JP Morgan Chase & Co To Open Branch in Lagos, Nigeria

JP Morgan Chase & Co To Open Branch in Lagos, Nigeria

JP Morgan Chase & Co, the largest bank in the United States by assets and market capitalization, and one of the world’s most respected investment banking institutions is embarking on a footprint expansion in sub-Saharan Africa. The African growth strategy will see the company open a full branch in Nigeria where it plans to add no less than 50 new ...

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Lagos: Sound Government, Sensible Budget – By Nasir Ahmad El-Rufai

Lagos: Sound Government, Sensible Budget – By Nasir Ahmad El-Rufai

In continuation of our focus on state budgets’ with a view to analyzing their viability, fiscal prudence and accountability to citizens, the spotlight this week is on Lagos. Lagos state is one of the 13 states in the country which have presented a fiscal responsibility bill to the state House of Assembly, but unlike some states which have enacted the ...

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