Wednesday , December 25 2024

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Fuel Scarcity: Panic Buying In Lagos, Abuja

Queues returned to petrol stations in parts of Lagos yesterday. The fear of scarcity spread across the metropolis. In Abuja, the queues, which have lingered for some days, continued. In both cities, black marketers flooded major highways with petrol in cans, selling to motorists on the roadside. In Lagos, vehicles …

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$9.6bn P&ID Scam: EFCC Arraigns Marqott Nigeria Limited, Directors

The Economic and Financial Crimes Commission, EFCC, on Monday arraigned a company, Marqott Nigeria Limited, an alleged accomplice in the $9.6bn Gas Supply and Processing Agreement between the Ministry of Petroleum Resources and Process and Industrial Development Limited, P&ID Limited, on four counts of money laundering. One of the count …

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FG, US discuss likely extradition of Abba Kyari

The Federal government of Nigeria is in dialogue with the US government about the possibility of extraditing suspended policeman Abba Kyari for his involvement in Ramon Abbas’ aka Huspuppi, multi-million dollar fraud. In a recent interview with Channel Television, Attorney General of the Federation and Minister of Justice, Abubakar Malami …

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