NNPC SPENT N3.65TN WITHOUT APPROVAL. - FORENSIC AUDIT REPORT.

The report of the forensic audit of the accounts of the Nigerian National Petroleum Corporation (NNPC) released yesterday showed that the Corporation spent no less than N$18.53billion (or N3.65 trillion) as operational costs without a duly approved budgetary allocation.

The forensic audit report conducted by , showed that the total gross revenues generated from the federal government crude oil liftings between January 1, 2012 and July 31, 2013 was $69.34 billion and not $67 billion as earlier stated by the federal government’s Reconciliation Committee.

Out of this, total cash remitted into the Federation Accounts in relation to crude oil liftings was $50.81 billion and not $47billion as earlier stated by the Reconciliation Committee for the period from January 2012 to July 2013.

PRESIDENT JONATHAN APPOINTS PETER OBI AS CHAIRMAN OF SECURITIES & EXCHANGE COMMISSION.

President Goodluck Jonathan has appointed the former Governor of Anambra State, Mr Peter Obi, as the new Chairman of the Securities and Exchange Commission.

He also confirmed the appointment of the Acting Director General, Mounir Gwazo, as the Director General of the Commission.

This is the latest appointment by the out-going president who just last week sacked Sulieman Abba as Inspector General of police and announced Solomon Arase as his replacement.

Also in mid-march Jonathan appointed Samuel Ogungbesan as Acting Executive Chairman of the Federal Inland Revenue Service (FIRS) after relieving Alhaji Kabiru Mashi of his duties.

TOP TEN CORRUPTION SCANDALS UNRESOLVED BY NIGERIA'S OUTGOING NATIONAL ASSEMBLY.

The seventh National Assembly led by Senator David Mark will most likely end its tenure in early June without resolving majority of the huge misgovernance and corruption issues that characterised the outgoing administration.

Under the present dispensation, the oversight power of the legislature was not judiciously exercised to guarantee Nigerians the dividends for electing their representatives. There were clear cover-ups and lack of political will to bring a lot of the cases to closure.

Even when it issues reports on certain important national issues, such as the fuel subsidy scam, the National Assembly lacked the firepower to compel the execuitve execute its recommendations. 

As nothing almost always get done after individuals, agencies and corporations are indicted by either the House of Representatives or the Senate, the billions spent yearly on either public hearings and oversight functions have turned out to be mere drains on national resources.

TROUBLE FOR DIEZANI MADUEKE & NNPC AS BUHARI PROMISES TO PROBE MISSING $20BN

Nigeria’s President-elect, Muhammadu Buhari, has stated that his administration will probe the $20 billion alleged to be missing from the coffers of the Nigeria National Petroleum Corporation, NNPC.

The immediate past governor of the Central Bank of Nigeria, CBN, Sanusi Lamido, had alleged that the $20 billion made from the sale of Nigeria’s crude oil by the NNPC could not be accounted for.

President Goodluck Jonathan sacked Mr. Sanusi from the CBN after he made the allegation. The former bank chief was later crowned the Emir of Kano after the death of Ado Bayero, the former emir.

Speaking Sunday when he played host to a delegation from Adamawa State led by the state’s governor-elect, Bindow Jibrilla, in his campaign secretariat, Mr. Buhari said although he received information that some persons already started returning money to government coffers, he would only believe it when he “sees it”.

ONDO STATE DEPUTY GOVERNOR "ALI OLANUSI" HAS BEEN IMPEACHED.

The Ondo State Deputy Governor, Ali Olanusi, was impeached on Monday morning by members of the state House of Assembly.‎

​Twenty two​ of the 26 members of the Assembly supported the impeachment of the Deputy Governor, who recently moved from the Peoples Democratic Party to the All Progressives Congress.

The motion for his impeachment was moved by the majority leader, Ifedayo Akinsoyinu​, from Ondo West 11 and seconded by Olatunji Dauro from Owo 11‎.

TRAGEDY IN KANO AS PEDESTRIAN BRIDGE CRASHES KILLING SEVEN.

No fewer than seven people were killed in Kano on Sunday when a pedestrian bridge at Dorayi quarters, Kano, collapsed, the state Police Command said.

The command’s Public Relations Officer, Magaji Majiya, confirmed the incident in an interview with the News Agency of Nigeria.

Mr. Majiya said the incident happened around 4:45 p.m. when the bridge, which was still under construction, caved in and collapsed on a car, which was passing underneath it.

AFRICAN LEADERS ARE HAPPY OVER JONATHAN'S DEFEAT.

Former President Olusegun Obasanjo said African leaders were happy over the defeat of President Goodluck Jonathan in the 2015 presidential election.

He told an audience at the United States Institute of Peace in Washington DC that his checks in a number of African countries suggested they were happy over the result of the election.

He said some Nigerians described President Jonathan as a moving train who was stopped from collapsing Nigeria.

NIGERIAN WOMAN IN THE USA KILLS HUSBAND SHE CLAIMS CHEATED AND ABUSED HER.

TEMITOPE ADEBAMIRO

A 35-year-old Red Lion woman has been charged with killing her husband, who she claimed abused and cheated on her with several women including her sister and their nanny's daughter, according to court records.

The husband, 37-year-old Adeyinka Adebamiro, was found stabbed in a first-floor spare bedroom of the couple's home in the 1300 block of Healy Court early Thursday, according to court documents obtained by The News Journal.

New Castle County police were called to the home at about 12:40 a.m. for an unknown problem. Arriving officers found Adeyinka Adebamiro unconscious with a stab wound to the upper body. New Castle County paramedics pronounced him dead at 1:37 a.m., said Officer Tracey Duffy, a county police spokeswoman.

MAN WHO RAPED AND IMPREGNATED HIS DAUGHTER JAILED FOR LIFE - DAUGHTER CRIES I LOVE YOU AS HE WAS LED AWAY.

A man has been jailed for life after fathering a child with his own daughter who he raped repeatedly from when she was just 10. 

The man, who cannot be named for legal reasons, was given a life sentence after Derby Crown Court after jurors heard how he 'took his daughter's life' through sexual abuse. 

His depravity was exposed when he impregnated her when she was just a teenager, having 'poisoned' the girl against her mother.  

MASSIVE EARTHQUAKE KILLS MORE THAN 700 IN NEPAL. (PICTURES)

More than 700 people across four countries have been killed after a powerful 7.8 magnitude earthquake struck Nepal causing massive damage in the capital.

Homes, businesses and landmarks were destroyed when the severe earthquake struck Kathmandu and the densely-populated surrounding areas at noon local time, officials said.

Officials confirmed that 758 people have died, with 181 people killed in the capital, as rescue teams continue to search for survivors who are feared to be trapped under the rubble. Home Ministry official Laxmi Dhakal warned the death toll is almost certain to rise.

BRUCE JENNER (FATHER OF 6) SAYS HE IDENTIFIES HIMSELF AS A WOMAN.

 

Bruce Jenner has revealed that he identifies as a woman - his 'true self' and a childhood dream - in an explosive ABC interview with Diane Sawyer.

The 65-year-old Olympic gold medalist and reality TV star sparked rumors about his gender identity last year after visibly altering his appearance.

He confirmed that he is reinventing himself physically in a bid to transition from male to female in the highly-anticipated, intimate sit-down.

#XENOPHOBIC ATTACKS - ISRAEL DENIES SOUTH AFRICA'S MINISTER ENTRY VISA.

The government of South Africa has expressed outrage after Israel's decision to deny a visa to Higher Education Minister Blade Nzimande. Clayson Monyela, Deputy Director General of Department of International Relations and Cooperation, told Al Jazeera on Thursday the Israeli government needed to offer a reason for the snubbing.

"We are taking it up through the proper channels. We need to receive a proper explanation for the denial of a visa to a sitting cabinet minister," Monyela said.

The minister was scheduled to travel to the occupied Palestinian territories from April 25-29. He was scheduled to secure further collaboration with the University of Johannesburg and institutions in Palestine.

SENATE PRESIDENT DAVID MARK VISITS PRESIDENT ELECT MUHAMMADU BUHARI.

Senate President David Mark visited the President Elect Muhammadu Buhari in a congratulatory visit.

Smart move by the senator who is destined to be an ordinary member of the assembly in few months time.

ENGLAND'S ADAM JOHNSON CHARGED WITH 3 COUNTS OF SEXUAL ACTIVITY WITH A CHILD.

England and Sunderland footballer Adam Johnson has been charged with three counts of sexual activity with a 15-year-old girl. The 27-year-old, from Castle Eden, County Durham, was initially arrested on 2 March.

He was also charged with one offence of grooming when he answered bail at a police station earlier, Durham Police said. He will appear before Peterlee Magistrates' Court on 20 May.

Sunderland AFC initially suspended the winger pending the outcome of the investigation, but this was lifted on 18 March. The club are yet to comment on the charges.

BOKO HARAM CHANGES NAME TO ISLAMIC STATE IN WEST AFRICA.

BOKO HARAM NOW USING BOW AND ARROW AFTER RUNNING OUT OF AMMUNITION.

Director of Defence Information, Major General Chris Olukolade says Boko Haram members have resorted to using bows and arrows to carry out their attacks after running out of arms & ammunition. Olukolade said this while speaking to newsmen in Abuja today April 23rd.

"The Boko Haram terrorists have run out of arms and ammunition because the usual supplies they get are not forthcoming. They now have only bow and arrows, machetes, daggers and other local weapons. You can find more than 500 of them with only few having rifles and even when one or two of them have rifles, they have no ammunition. I am optimistic that the military will succeed in killing many of these insurgents who have been terrorizing residents for the past three years.”he said

FG REVENUE DECLINE - SELL NIGERIA'S OIL STAKES AND RAISE N14.9 TRILLION - CBN GOVERNOR ADVISES BUHARI.

The Governor of the Central Bank of Nigeria, Godwin Emefiele, has advised the president-elect, Muhammadu Buhari, to consider selling off nearly half of Nigeria’s Joint Venture equity with multinational oil companies, to enable the new government raise a huge balance for immediate developmental projects.

If Mr. Buhari accepts the advice, Nigeria stands to generate about N14.9 trillion, about three times the country’s annual budget, which should be immediately ploughed into providing badly needed infrastructure development, Mr. Emefiele said.

The Nigerian economy has faced continued pressure from spiraling debts, in the face of dwindling revenues resulting from falling global crude oil prices.

DRAMA AS EX-IGP DELAYED HANDOVER FOR SEVERAL HOURS.

There was confusion and drama at the Force Headquarters in Abuja, yesterday, as the sacked Inspector-General of Police, Mr Suleiman Abba, stalled the formal handover to his successor, Mr Solomon Arase, until he was compelled to do so by the Presidency. 

This came as some former Inspectors-General of Police expressed reservations over the manner Abba was removed while other leaders were divided over the sack.

The handover ceremony which was earlier slated for 8 a.m. with invitations sent to journalists for coverage from the office of the Force Public Relations Officer, did not take place until almost 4pm following the absence of the ex-Police boss at the headquarters.

BODE GEORGE WORKED FOR TINUBU & APC DURING THE ELECTIONS.

A Peoples Democratic Party governorship aspirant in Lagos State, Babatunde Gbadamosi, has accused the leader of the party, Chief Bode George, of colluding with the national leader of the All Progressives Congress, Asiwaju Bola Tinubu, to ensure PDP’s defeat in Lagos.

He, therefore, called on George to resign immediately.However, in a swift reaction, George described Gbadamosi as an irresponsible man who may be suffering from a mental problem.

Gbadamosi, who came fourth at the PDP governorship primary last year, said the party would have performed better at the poll if the Minister of State for Foreign Affairs, Musiliu Obanikoro, was given the ticket.

FG REVERSES ITS DECISION, WILL NOW HANDOVER ON THE 29TH OF MAY 2015.

The Federal Government on Wednesday changed its mind on the earlier plan for President Goodluck Jonathan to formally hand over power to the President-elect, Muhammadu Buhari, on May 28 as against the May 29 Democracy Day.

The Minister of Information, Patricia Akwashiki, had last week said that Jonathan intended to have the formal handing over done at a dinner on May 28, so that the administration could reserve May 29 for the incoming government.

That announcement generated controversy with some prominent lawyers arguing that the plan would create a vacuum in the leadership of the country as Buhari would be inaugurated 24 hours after the handing over ceremony.