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No High Profile Corrupt Individuals Will Be Shielded – Magu

January 21, 2020 2:36 pm

Acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, Tuesday breezed into the Ilorin Zonal office of the commission declaring that no high profile individuals involved in corrupt allegations would be shielded from prosecution.

“All of them would be arraigned as soon as investigations are concluded.”

Magu who arrived the zonal office at about 11.20am said ” I am here to see how my men are doing and to also see areas of improvement in the bid to ensure efficiency in the system.”

He asserted that the campaign

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Akeredolu Lied On Ondo Debt Profile – PDP

January 8, 2020 10:33 pm

The People’s Democratic Party (PDP) in Ondo State has taken a swipe at Governor Rotimi Akeredolu on the state of finances inherited by his administration, declaring that the PDP government of former Governor Olusegun Mimiko left ₦20billion in the coffers of the state government.

The party in a statement issued by the former Commissioner for Information, Mr Kayode Akinmade, said Akeredolu’s government inherited money from the PDP’s government when Akeredolu took over on February 24, 2017.

Akinmade said: “We are concerned by the figures in the speech released by the state government and feel obliged to put the records …

Why Nigerians Should Not Worry Over Debt Profile – FG

December 31, 2019 5:22 am

The Federal Government has assured Nigerians that there is no cause for alarm over the country’s debt profile both domestic and external as being speculated by scaremongers.

The Minister of Information and Culture, Alhaji Lai Mohammed gave the assurance on Monday in Lagos while briefing newsmen on the major achievements of the President Muhammadu Buhari’s administration for the outgoing year.

Mohammed said there were misrepresentations in the figures being pushed out in certain quarters about the debt profile, adding that the country had not reached its debt ceiling of 25 per cent in total public debt stock to Gross Domestic

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Nigerian Police Profile US Policeman As Criminal

December 27, 2019 1:47 pm

A Nigerian working with the police in Washington DC United States Akintayo Akintunde has joined the league of young people that are profiled as suspected criminals based on their looks by the Nigerian police.

Akintunde, who has a braided hair, is attached to the Washington, District of Columbia police. He narrated how the Nigeria police profiled him as a suspected criminal four days after he arrived in the country.“4 days in Nigeria & I have already been profiled as a criminal by the Nigeria police force,” Akintunde tweeted. “I work for the Washington DC as a police officer and I

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Tokyo Court Rules On High-Profile Journalist Rape Case

December 18, 2019 3:27 pm

A Tokyo court will Wednesday rule on a damages lawsuit by journalist Shiori Ito, who has accused a former TV anchor with close ties to Prime Minister Shinzo Abe of rape.

Ito, 30, is seeking 11 million yen ($100,000) in compensation from former reporter Noriyuki Yamaguchi, claiming he raped her after inviting her to dinner to discuss a job opportunity in 2015.

The case has made headlines in Japan and abroad, as it is rare for rape victims to report the crime to the police — according to a 2017 government survey, only four percent of women come forward.

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Nigeria’s Debt Profile Alarming – ADP Chair

December 8, 2019 5:42 am

The National Chairman of the Action Democratic Party (ADP), Yagbaji Sani, has raised the alarm over the country’s current debt profile which now stands at ₦25.7 trillion.

This concern is coming on the heels of a fresh move by the Federal Government to borrow additional $30 billion to fund development projects.

Sani urged members of the National Assembly to reject the proposal for failure of the administration to present feasible repayment plan.

Addressing newsmen yesterday in Abuja, the former presidential candidate said: “The debt profile of the country has become very alarming since the coming of President Buhari to …

PRP Condemns Rising Debt Profile, VAT Increase

December 3, 2019 2:19 pm

The Peoples Redemption Party (PRP), on Tuesday, decried the country’s rising debt profile, stating that there is need for the federal government to take urgent steps to reduce the debts.

President Muhammadu Buhari in separate letters to the two chambers of the National Assembly last is seeking the lawmakers approval to borrow $30billion.

However, the National Chairman of the party, Falalu Bello, who spoke at a press briefing in Abuja, said it is unfortunate that the All Progressives Congress (APC) led federal government has nothing concrete to show for the many loans, it has taken since its inception in 2015, …

PDP to N’Assembly: probe Nigeria’s ₦24.3tr debt profile

April 8, 2019 10:46 pm

The Peoples Democratic Party (PDP) has raised questions over Federal Government’s “unwholesome” borrowings amounting to N24.38 trillion debts as the end of last year.

Debt Management Office (DMO) Director-General Ms. Patience Oniha said last week that the figure comprised of debts owed by the federal and states governments as well as the Federal Capital Territory (FCT).

She explained that the figure was N2.66 trillion higher than the N21.7 trillion recorded as at December 31, 2017, and represents a year-on-year growth of 12.25 per cent.

The PDP yesterday called on the National Assembly to investigate how the funds were disbursed.

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