Keynote speech by Atiku Abubakar, GCON, former Vice President, Federal Republic of Nigeria at the Panel on Philanthropy, LSE Africa Summit, at the London School of Economics and Political Science, 22-23 April, 2016. Protocol I thank the organizers for the opportunity to participate in this very important summit and in this panel. As Africa struggles […]

Saraki Dumped By More Political Parties? Face Your Trial

  These are troubling times for Bukola Saraki. The embattled senate president is losing grounds. 20 parties which included Labour Party (LP) have urged Saraki to avail himself of the opportunities offered in our laws to clear his name, and stop trying to frustrate his trial with many injunctions. Members of the parties made their position […]

EXTRA: Again, Umar keeps Saraki waiting for 2 hours – but he apologises this time

  Danladi Umar, chairman of the Code of Conduct Tribunal (CCT), kept Senate President Bukola Saraki waiting for an almost two hours – precisely an hour and 52 minutes – before commencing his trial on Thursday. On Wednesday, Ajibola Oloyede, one of Saraki’s lawyers, had argued an application seeking the withdrawal of Umar from the […]

Saraki arrives CCT without a single senator

  Senate President Bukola Saraki arrived the Code of Conduct Tribunal (CCT) without the usual array of senators in tow. TheCable observed that no senator accompanied the senate president, who arrived at the tribunal at 10:15am. But two senators later joined him after 45 minutes. This is the first time the senate president arrived “solo” at […]

All governors declare: We are in BAD shape

  Governors of the 36 states of the federation rose from their meeting on Wednesday night in one accord and with once voice, declaring: “We are in bad shape.” The N299 billion shared from the federation account for March 2016 is regarded as among the lowest in the 4th republic. Deductions from the federation account were deferred […]

Naira strengthens against dollar as oil price rises

  Although not in a very big way, the Nigerian currency gathered steam against the American currency on the parallel market, checks have revealed. The naira which stood at N319/dollar on Wednesday, April 27, cannot now be bought for N318/dollar in the black market, a situation which coincides with the rise in price of […]

‘Badeh bought N320m Abuja house for son’

  A retired Air Commodore,  Aliyu Yishau, told a Federal High Court in Abuja on Wednesday that  a former Chief of Defence Staff, Alex Badeh, acquired a house in Abuja for his 28-year old son, Kam, with N320m belonging to the Nigerian Air Force. Yisahau, who is the first prosecution witness in Badeh’s ongoing  trial, […]

Ekiti doctors: Tears, tribute at Aladesanmi’s burial

  The remains of Dr. Tunde Aladesanmi of the Federal Teaching Hospital, Ido Ekiti, were buried amid tears at the family residence in Araromi Quarters, off Adebayo in Ado Ekiti on Wednesday. The funeral rite was performed at the Redeemed Christian Church of God, Life Fountain Cathedral, on Bank Road in the state capital. The […]

Reps oppose fresh N309bn FG bond to finance power sector

  The House of Representatives on Wednesday opposed fresh plans by the Federal Government to float a bond of N309bn to finance the power sector, which is already 60 per cent private sector-driven. The  Federal Ministry of Power/Works and Housing is said to have concluded plans to use the Nigeria Bulk Electricity Trading Company to […]

EFCC arrests Fidelity Bank MD for receiving Diezani’s $115m

  The Economic and Financial Crimes Commission has arrested the Managing Director and Chief Executive Officer of Fidelity Bank Plc, Mr. Nnamdi Okonkwo, and some officials for allegedly receiving $115m from a former Minister of Petroleum Resources, Diezani Alison-Madueke. The EFCC also arrested the bank’s Head of Operations, Mr. Martins Izuogbe, for his role in […]