BREAKING: Fuel Crisis: Oil Marketers Reach Agreement With Govt. On Resumption Of Fuel Supply

 

Major Oil Marketers Association of Nigeria, MOMAN, have reportedly agreed to call off their strike action over unpaid subsidy claims and commence lifting of petroleum products nationwide in the next six hours.

The oil marketers agreed to call off their strike at a meeting with the Chairman, Senate committee on petroleum resources, Magnus Abe, Minister of Finance and Coordinating Minister for the Economy, ‎ Ngozi Okonjo-Iweala, MD of NNPC Joseph Dawha and other stakeholders in the oil and gas sector in Abuja today May 25th.
At the meeting, the oil marketers agreed that the Department of Petroleum Resources (DPR) should immediately revoke the license of any oil marketer that refuses to lift petroleum products across Nigeria.

Members of PENGASSAN, NUPENG, MOMAN, IPMAN and all other officials also addressed the press where they affirmed the resolutions and agreement and called off their strike action as well. 

Ngozi Okonjo-Iweala awarded with a honorary degree by Yale University

Minister of Finance and Coordinating Minister for the Economy, Dr Ngozi Okonjo Iweala was awarded with a honorary Doctorate of Human Letters, by the prestigious Yale University in the US yesterday May 18th. Also decorated with a honorary degree is African singer, Angelique Kidjo who was awarded Honorary Doctorate of Music. What the school wrote about her after cut...

Photos: Plane crash survivor Kechi Okwuchi graduates from college

Sosoliso plane crash survivor, Kechi Okwuchi graduated First Class from the University of St Thomas Houston Texas on May 16th. Not only that but she was also inducted into 6 academic honor societies and was the most Outstanding student for her major in Economics. She was also chosen to give the commencement address to the class of 2015 at her school. Amazing! Welldone Kechi. See more photos after the cut...

Russian soldiers singing Sunny Ade's Song

Pres. Jonathan orders immediate release of report of forensic audit of NNPC accounts

State House press statement...

We have noted with concern, the allegation by the spokesman of the All Progressives Congress (APC), Alhaji Lai Mohammed that officials of the Federal Government are engaged in “last minute looting of the nation’s resources, rushed privatization of key institutions and hurried recruitment into the public service”.

We also consider as most unfortunate and uncharitable, the suggestion by Alhaji Mohammed that the Jonathan Administration is trying to “tie the hands” of the incoming government merely by continuing to discharge its constitutional responsibilities until the end of its tenure.

Ohimai Godwin Amaize: The way forward for PDP

 
PDP was a great party. It is still a great party, but more instructively, great in the nostalgic sense of what rose from a political party founded on nationalist ideals in the wake of Nigeria’s return to democratic rule in 1999, to a behemoth at the prime of its glory in 2007 when former President Olusegun Obasanjo was winding up his tenure in office.
Carried away by the lust and lure of political power, the party’s misfortunes can be traced to the days when it began to put politics above leadership and national interest. It was a fancy tale in Nigeria how PDP was Africa’s largest political party, how the house of Nigeria’s political heavyweights was too solid to collapse and how the party was going to rule Nigeria for the next 60 years. Such were the brazen expressions signature of the heydays of the PDP as Nigeria’s ruling party.
The PDP Titanic ship may have been sunk in 2015, but the party’s head-on collision with the icebergs of public perception had become evident as far back as 2011. By the time Nigerians went to the 2011 presidential polls, the public reputation of the PDP had become so battered that the average Nigerian considered those three letters – P.D.P. – synonymous with impunity, corruption and incompetence. It was so bad that President Goodluck Jonathan was voted into office in 2011 largely on his individual goodwill.
As Nigerians grumbled and public opprobrium mounted against the ruling party, the party leadership, just like the autocratic Bourbon monarchy of France, heeded little or no attention. So much was taken for granted.

US Daily Beast in new article, calls Tinubu 'Heroin Kingpin'

US Daily Beast profiled APC leader Bola Tinubu in an article titled 'Nigeria's Next Leader's Ties to a Heroin Ring' where they described Tinubu as a 'heroin kingpin'. Tinubu will not like this. Read below

General Muhammed Buhari’s political partner is a former bagman for two heroin traffickers. But that’s just business as usual in Nigeria. Nigeria’s election last month was celebrated as an unlikely victory for democracy in an African country with a tenuous record of free and fair representation. But the man most responsible for midwifing General Muhammed Buhari’s ballot triumph over current President Jonathan has a spotty CV.

Former Lagos provincial governor Bola Tinubu, affectionately nicknamed the Jagaban, is today seen as a shrewd if not “deeply Machiavellian” Svengali in Nigeria’s politics as well as the architect of a hugely successful anti-corruption platform. But 20 years ago he had to forfeit nearly half a million dollars to the U.S. Treasury Department after being named as an accomplice in a white heroin-trafficking and money-laundering ring that stretched from West Africa to the U.S. Midwest.