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All posts by David Abellegah

  • Reps Fault Envelope System for the 2013 Budget

    Members of the House of Representatives have damned the implementation of the ‘Envelope Template’ for budget preparation for Ministries, Departments, and Agencies (MDA) with no due consideration of individual peculiarity of the MDAs. This followed the condemnation...

    • Posted November 27, 2012
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  • Opposition, Civil Groups Chide Jonathan on N5 trillion Loot

    The Congress for Progressive Change (CPC) and Civil rights groups on Monday poked President Goodluck Jonathan over the rising level of corruption in his administration The groups comprising the Voters Assembly and Coalition Against Corrupt Leaders made...

    • Posted November 27, 2012
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  • Meteorology 2004 Act: Oil terminals without metres to be shut

    In spite of the ill fated, corrupt, confused, and operational failing oil sector, the Federal Government has threatened to shut oil and gas terminals in the upstream sector, should their operators turn down installation of metering systems...

    • Posted November 26, 2012
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  • House Panel to Investigate the Shady Award of N3.3 billion Contracts

      The House of Representatives Committee on Public Accounts has called on the attention of the Ministry of Works over suspected shady deals in the award of two road contracts valued at over N3.3bn. The Chairman of...

    • Posted November 26, 2012
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  • FERMA boss Worries over Pace of Road Repair by Contractors

      The Federal Road Maintenance Agency’s boss, Mr. Jide Adeniji, has expressed his worry over the slow pace of work on the Enugu-Port-Harcourt highway. He queried the state of the road, saying the dilapidation suggests that the...

    • Posted November 26, 2012
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  • Ex-NSA, Others Liable For Trial over Fraudulent N3 billion Security Contract

      A former National Security Adviser (NSA) may be charged very soon before a court for alleged mismanagement of a N3 billion security contract in the maritime sector of the economy. It was learnt yesterday that the...

    • Posted November 26, 2012
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  • Senate Accuses EFCC of Inflating Their 2013 Budget

    The Senate Committee on Drugs, Narcotics, and Anticorruption on Thursday described the expenses of the Economic and financial Crimes Commission as “outrageous.” Senators frowned at the huge allocations for travels and trainings while considering the agency’s 2013...

    • Posted November 23, 2012
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  • Money laundering: Nigeria to join the Compliance List in 2013

    The Director-General, Inter-Governmental Agency against Money Laundering in West Africa (GIABA), Dr Abdullahi Shehu, has revealed that Nigeria will no longer be on the list of countries that failed to implement various anti-money laundering laws by February...

    • Posted November 23, 2012
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  • EFCC Accuses Babalakin of Laundering N3.4b for Ibori through Mauritius

    The Economic and Financial Crimes Commission (EFCC) has accused the Chairman of Bi-Courtney, Dr. Olawale Babalakin, and four others for laundering money for former Delta Governor James Ibori through Mauritius. EFCC said Dr. Olawale Babalakin, Stabilini Vision...

    • Posted November 23, 2012
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  • EFCC Invites Babalakin over Ibori’s Laundered Funds

    It seems Bi-Courtney has not seen the worse from Federal Government yet. Just 48 hours after the federal government terminated its contract with Bi-Courtney and hired Julius Berger for the construction of the 125-kilometre Lagos – Ibadan...

    • Posted November 22, 2012
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