The immediate past Minister of Petroleum Resources, Diezani Alison-Madueke, has reacted to a report by Al-Jazeera, claiming she embezzled Nigeria’s money to acquire some properties, including a bullet proof gym and jewellery. In a statement issued by Diezani, who is presently battling with cancer, she lashed out at the foreign media organisation and the Economic…
Reports say former Minister of Petroleum Resources, Diezani Alison-Madueke, purchased Port Harcourt’s Le Meridien Hotel using a First Bank of Nigeria Executive Director named Dauda Lawal. The Capital reports that this revelation comes as the federal government of Nigeria this week struggles to release the list of the nation’s looters and saboteurs of the economy,…
Reports reaching us from the United Kingdom indicate that the immediate past Minister of Petroleum Resources, Diezani Alison-Maduekwe, is yet to show herself up at the Charing Cross Police Station. Diezani was arrested on Friday by the International Unit of the National Crime Agency for alleged bribery and corruption. She was granted bail by the…
United Kingdom’s National Crime Agency, NCA, has apprehended five persons in London on Friday in connection with bribery and corruption. The NCA’s International Corruption Unit confirmed on its website that five people were arrested in “London for suspected bribery and money laundering offences.” However, the agency did not disclose identities of the suspects, but Premium…
Following the drop in the price of crude oil in the global market, the Federal Government has announced a reduction in the price of Premium Motor Spirit, PMS, commonly called petrol in Nigeria. The product has been sold for N97 since 2012 when President Goodluck Jonathan announced the removal of subsidy from petrol. The announcement…
Following the drop in the price of crude oil in the global market, the Federal Government has announced a reduction in the price of Premium Motor Spirit, PMS, commonly called petrol in Nigeria. The product has been sold for N97 since 2012 when President Goodluck Jonathan announced the removal of subsidy from petrol. The announcement…
Nigeria’s Minister of Petroleum, Diezani Allison-Madueke, has been elected as President of the Organisation of Petroleum Exporting Countries, OPEC. Diezani becomes the first female to be elected into that position. She was elected on Thursday at the 166th ordinary meeting of OPEC in Vienna, Austria. Diezani now replaces Libya’s Vice Prime Minister for Corporations, Abdourhman…