– Two members of a group in PDP have asked an Abuja High Court to compel Sheriff to vacate office by the end of March
– The lingering fuel scarcity continues unabated despite promises by the federal government to end the scarcity
– EFCC traces N1.5billion to the account of the son of a former minister of finance
The national dailies for Monday, March 14 focus on an array of issues ranging from a fresh crisis in the PDP over the emergence of Senator Ali Modu Sheriff as the national chairman of the party, to the sum of N1.5 billion which was traced to the account of a son to a former minister of finance.
A renewed opposition against the leadership of Ali Modu Sheriff as the national chairman of the Peoples Democratic Party (PDP) has resurfaced as two members of a group in party have asked an Abuja High Court to compel Sheriff to vacate office by the end of March.
According to The Punch, the suit dated March 8, was filed by Nwosu Emmanuel and Eze Silas on behalf of the Restart PDP Group.
The suit among others is aimed at compelling the party’s national
leadership not to hold the forthcoming national convention until the
membership register of the party is computerised as stipulated in
section 8(11) of its constitution and for of Sheriff to vacate office.
Vanguard focuses on the lingering fuel scarcity which has continued unabated despite promises by the federal government to end the scarcity.
The paper reports that the minister of State for Petroleum Resources,
Dr Ibe Kachikwu, is making moves to convince the Central Bank of
Nigeria, (CBN) to make foreign exchange, FOREX, available to oil
marketers to enable them continue importation of petrol.
Vanguard reports that about 300 truckloads of PMS are being distributed to the Lagos area alone daily, while Abuja gets up to 260 truckloads, with a view to easing the scarcity without success, but most filling stations have remained closed, while the few that had the scarce commodity were crowded by motorists queuing to get the products.
Investigation into the now controversial $2.1 billion arms deals funds has revealed that a whooping N1.5billion was paid into the account of the son of a former minister of finance.
According to the Economic and Financial Crimes Commission (EFCC), the
identity of the former minister and son is being kept secret so as not
to jeopardise the investigation, The Nation newspaper is reports.
The Guardian reports that lingering fuel scarcity has been blamed on the failure of the petroleum marketers to deliver the 22 percent allocation granted to them which is causing the current scarcity of petrol in the country.
In order to curb this, the Petroleum Products Pricing Regulatory
Agency (PPPRA) is considering excluding major and independent marketers
from petroleum products import in the second quarter.
The paper reports that the PPPRA is expected to release the list for the second quarter import as well as review the N86.50 per litre of petrol as prescribed by the price modulation regime.
The Sun reports on revelations regarding the scam rocking the Central Bank of Nigeria (CBN) which led to the suspension of some management officials of the apex bank.
The paper reports that the affected bank staff and their collaborators were arrested after it was discovered that they tried to cash the sum of $251, 000 (N500 million) after succeeding with a sum of N190, 200.
The officials were said to have used the same corporate account of
the CBN governor as in the first case where the deputy governor was
directed to pay the sums to the stipulated accounts.
The deputy governor was said to have alerted the CBN governor, Godwin Emefiele who advised him to play along.
The suspects were thereafter arrested when they tried to cash the money from following banks; Unity Banks ($150m) keystone Bank ($150m) and First Bank (N200m).
Naij.com Home Page
– The lingering fuel scarcity continues unabated despite promises by the federal government to end the scarcity
– EFCC traces N1.5billion to the account of the son of a former minister of finance
The national dailies for Monday, March 14 focus on an array of issues ranging from a fresh crisis in the PDP over the emergence of Senator Ali Modu Sheriff as the national chairman of the party, to the sum of N1.5 billion which was traced to the account of a son to a former minister of finance.
A renewed opposition against the leadership of Ali Modu Sheriff as the national chairman of the Peoples Democratic Party (PDP) has resurfaced as two members of a group in party have asked an Abuja High Court to compel Sheriff to vacate office by the end of March.
According to The Punch, the suit dated March 8, was filed by Nwosu Emmanuel and Eze Silas on behalf of the Restart PDP Group.
Vanguard focuses on the lingering fuel scarcity which has continued unabated despite promises by the federal government to end the scarcity.
Vanguard reports that about 300 truckloads of PMS are being distributed to the Lagos area alone daily, while Abuja gets up to 260 truckloads, with a view to easing the scarcity without success, but most filling stations have remained closed, while the few that had the scarce commodity were crowded by motorists queuing to get the products.
Investigation into the now controversial $2.1 billion arms deals funds has revealed that a whooping N1.5billion was paid into the account of the son of a former minister of finance.
The Guardian reports that lingering fuel scarcity has been blamed on the failure of the petroleum marketers to deliver the 22 percent allocation granted to them which is causing the current scarcity of petrol in the country.
The paper reports that the PPPRA is expected to release the list for the second quarter import as well as review the N86.50 per litre of petrol as prescribed by the price modulation regime.
The Sun reports on revelations regarding the scam rocking the Central Bank of Nigeria (CBN) which led to the suspension of some management officials of the apex bank.
The paper reports that the affected bank staff and their collaborators were arrested after it was discovered that they tried to cash the sum of $251, 000 (N500 million) after succeeding with a sum of N190, 200.
The deputy governor was said to have alerted the CBN governor, Godwin Emefiele who advised him to play along.
The suspects were thereafter arrested when they tried to cash the money from following banks; Unity Banks ($150m) keystone Bank ($150m) and First Bank (N200m).
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