He said the lawyers made more money than government from the case, even as he questioned the rationale behind involving private lawyers to handle the case, describing the arrangement as contrary to the global practice.
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In the three months which ended September, total trade balance was in improvement of 661.5 billion Naira, over the second quarter.
He told the U.S ambassador that his administration was still determined to continue investigations and prosecution of corrupt persons in the country as “Nigeria will either kill corruption or corruption will kill Nigeria in the long run.”
02 December 2016, Vienna, Austria — OPEC will meet non-OPEC countries to finalise a global oil limiting pact on Dec.…
He said, “As part of our 12 Business Focus Areas, we are dedicated to growing NPDC thereby increasing our reserves portfolio. We will not relent until NPDC exceeds its current position of being the 7th largest oil producer in Nigeria.”
02 December 2016, Sweetcrude, Vienna, Austria — The African Petroleum Producers’ Association, APPA, has pledged its full support for OPEC’s…
Meanwhile, in its bid to tackle the paucity of funds in the power sector after a court litigation stalled efforts at increasing its tariff, the Ministry is now brainstorming on other ways of raising revenue for the sector.
The minister said a recovery committee chaired by the Accountant General of Federation, Ahmed Idris, has since been constituted to recover the outstanding N450 billion operating surpluses, including holding bilateral discussions with the affected agencies.
02 December 2016, Sweetcrude, Vienna, Austria — The price of OPEC basket of fourteen crudes stood at $49.35 a barrel…
Oscarline Onwuemenyi 02 December 2016, Sweetcrude, Abuja – Rising from its 171st meeting held at Organization of the Petroleum Exporting…