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EFCC hands over Amosu’s $2.15m hospital to Air Force.

Mar 20 2017
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EFCC hands over Amosu’s $2.15m hospital to Air Force. Punch Online

A hospital with medical equipment worth about $2.15m which was seized from a former Chief of Air Staff, Air Marshal Adesola Amosu (retd.), has been handed over to the Nigerian Air Force, The PUNCH has learnt.


The hospital, St. Solomon Hospital, which is located on Adeniyi Jones Avenue, Ikeja, Lagos, is said to have state-of-the-art equipment including a Magnetic Resonance Imaging machine which costs well over $1m.


A reliable source at the EFCC told our correspondent that the EFCC could not manage the property and therefore decided to hand it over to the Nigerian Air Force medical unit.  Read more


Anxiety as Fed Govt shuts Lagos mining sites. The Nation Online

The Federal Government has shut three sand mining sites in Lagos State for operating illegally.

The development has thrown the owners and workers in the sites into a state of uncertainty as they count their losses.


The sites, located in Ajah-Ibeju-Lekki axis of the state, were closed for not complying with the rules governing the sites. The sites are Naisha, Oretob and Afromedia.


More sites would be shut across the country to sanitise the sector for improved productivity and economic growth, the government warned.  Read more


Again, Reps summon perm sec over tenure elongation. Punch Online

The House of Representatives Committee on Basic Education has again summoned the Permanent Secretary in the Federal Ministry of Education, Dr. Jamila Shu’ara, in connection with her extension of service controversy.


The committee, which is chaired by a member of the All Progressives Congress from Kwara State, Mr. Zakari Mohammed, also threatened to issue a warrant for the arrest of Shu’ara should she fail to appear before it on Tuesday (tomorrow).


The fresh summons followed Shu’ara’s failure to honour the committee’s invitation for the third time in a row — last Thursday.  Read more


FG to disburse N500bn Paris Club refund this week. Punch Online

The disbursement of the N500bn London-Paris Club loan refund to states by the Federal Ministry of Finance is to commence next week, investigations have revealed.


Top government officials confided in our correspondent that the Minister of Finance,  Mrs. Kemi Adeosun and the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, would meet anytime soon over the modalities for the disbursement of the funds.


The official said, “We have received the President’s directive which was issued last week and we have already started working on the release of the funds but of course you know there are processes to be followed which is what we are doing now.  Read more


FG okays new package for Niger-Delta. To renew, re-award pipeline protection contracts. Okays effective take-off for Maritime varsity. To register illegal refineries. Vanguard Online

The Presidency has finally come out with a bumper package aimed at accelerating the return of peace to the troubled Niger Delta region and ensure steady production of oil, Nigeria’s biggest foreign exchange earner, and gas, the badly-needed feedstock for the nation’s power generating plants.


On the cards are the renewal, and re-award of existing oil pipeline protection contracts, possibly to militant leaders; overhaul of the Presidential Amnesty Programme, and the immediate take-off of the controversial National Maritime University, Okerenkoko in Gbaramatu, Delta State. It was gathered from presidency sources that the Federal Government is considering the vexatious issue of pipeline protection contracts, which were handled by key militant leaders under the previous administration but abruptly terminated when the Buhari administration took over.  Read more


Monetary, fiscal authorities agree on harmonisation of policies.  Guardian Online

Desirous of sustainable monetary and fiscal collaboration in efforts to pull the economy out of the current crisis, the leadership of the Central Bank of Nigeria (CBN) and the ministries of Finance, Budget and National Planning as well as Trade and Investment, at weekend, sought to harmonise several policy perspectives.


Speaking at the opening of the two-day Monetary Policy Committee (MPC) retreat at the CBN’s Corporate Headquarters in Abuja at the weekend, with the theme: “Pathway to Price Stability Conducive to Economic Growth,” the apex bank Governor, Godwin Emefiele, under whose auspices the meeting was convened, reiterated the need for the country’s monetary and fiscal authorities to collaborate and harmonise standpoints to develop the economy rapidly.


Emefiele, who also chairs the Monetary Policy Committee, said the MPC Retreat, which for the first time had in attendance a large representation of the fiscal authorities, was coming at a period when the country faced serious economic challenges.  Read more


2017 Budget suffers major setback. as 44 Senate committees fail to defend proposals. Vanguard Online

Strong indications have emerged that the passage of the 2017 Appropriation Bill may suffer a major setback in the National Assembly as forty- four committees of the Senate are yet to defend their budget proposals before the Committee on Appropriations.


The committees that have not yet defended their 2017 budget before the Senator Danjuma Goje-led Committee on Appropriations are Airforce; Army; Anti-Corruption and Financial Crimes; Capital Markets; Communications; Co-operation and Integration in Africa and NEPAD; Culture and Tourism; Defence; Downstream Petroleum sector and Ecology as well as Climate Change.


According to a Senate document obtained by Vanguard, other committees are Environment; Federal Capital Territory; Federal Roads Maintenance Agency; Finance; Foreign Affairs; Gas; Health; Housing; ICT and Cyber-Crimes; Independent National Electoral Commission, INEC and Information and National Orientation.  Read more


Fed Govt‘ll protect, reward whistleblowers, says minister. The Nation Online

Minister of Information and Culture Alhaji Lai Mohammed has reiterated that the Federal Government will protect and reward whistleblowers, who provide information that lead to the recovery of stolen funds or assets.


In a statement issued in Lagos yesterday, the minister said the Federal Government would protect the identity of all whistleblowers, whether in the public or the private sector and also ensure that the information they provide is kept secret.


“For those who may have suffered any backlash as a result of the information they provide, their cases will be reviewed and appropriate mitigating actions taken,” he said.  Read more

Last changed: Mar 20 2017 at 2:56 PM