The Edo State Governor has accused the former Minister of Finance and Coordinating Minister of the Economy, Dr Ngozi Okonjo-Iweala, of misappropriating a sum of $1 billion from Nigeria’s Federation Account. Governor Adams Oshiomhole alleged that the money was illegally taken to fund the March 28 re-election bid of former President Goodluck
Former Minister of Finance, Ngozi Okonjo-Iweala has denied allegations leveled against her by governors of Edo State, Adams Oshiomhole; and Kaduna, Nasir El-Rufai, that she spent $2.1 billion from the excess crude account without authorization. Here is Okonjo-Iweala’s response, as reported by Daily Post: The allegation by some governors that
The Ministry of Petroleum Resources and oil marketers have resolved to end the current queues at petrol stations in most parts of the country by June 13. At the end of a meeting with the oil marketers in Abuja, the Permanent Secretary in the ministry, Mr Taiye Haruna, said that
The oil marketers have agreed to make petroleum products available in the country in the next six hours. The National Union of Road Transport Workers (NURTW) have also agreed to begin lifting petroleum products also in the next six hours.
Capital Oil is defying the directive by other fuel marketers insisting that they will not lift petroleum products except the federal government pays them the money they are owed. The independent oil marketing company is pushing out 15 million litres to ease the situation across the country.
The minister spoke at a send-off ceremony organised for her and the minister of state for finance. The post Okonjo-Iweala urges staff to support incoming administration appeared first on Premium Times Nigeria.
The Minister reacted angrily to a new demand by governors to account for $20 billion excess crude revenue. The post Okonjo-Iweala, govs trade words over alleged $20 bn oil money appeared first on Premium Times Nigeria.
There is a disagreement between the federal government and petrol marketers about exactly how much subsidy debt is owed. Punch reports that Minister of Finance, Ngozi Okonjo-Iweala says the government owes marketers N131 billion, however; the marketers insist that they are still being owed N200bn after last week’s payment of
Onaolapo Soleye, a former minister of finance under the military administration of Muhammadu Buhari, has called on Nigerians to brace up for a season of discipline and austerity during the second coming of General Buhari. Dr Soleye has expressed his opinion about the current financial situation in the country in
Nigeria’s Minister of Finance, Ngozi Okonjo-Iweala has today denied appointing world renowned audit firm, PriceWaterHouse Coopers to audit the Nigerian National Petroleum Corporation (NNPC) over the alleged missing $20 billion oil money.
The current crisis has been blamed on the National Association of Road Transport Owners. The post Fuel crisis may linger despite government’s pledge to pay marketers appeared first on Premium Times Nigeria.
The minister says the search for the girls would continue notwithstanding the change in government. The post Nigerian govt still committed to rescuing Chibok girls – Okonjo-Iweala appeared first on Premium Times Nigeria.