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EFCC Arrests Diezani’s Husband Alison Madueke

Sources inside the Economic and Financial Crimes Commission (EFCC) have disclosed to a SaharaReporters correspondent that Mr. Alison Amaechina Madueke, the husband to the embattled former Minister for Petroleum Resources Diezani Alison-Madueke, was arrested today.  Rear Admiral Alison Madueke, husband to embattled former Petroleum Minister Diezani Alison-Madueke Mr. Madueke was arrested this morning by EFCC agents in Abuja for illegally laundering more than $600,000 through his personal accounts. According to an EFCC source, “[Mr. Madueke] was arrested this morning [in Abuja] and released on administrative bail.” The EFCC also seized Mr. Madueke’s passport and placed him under caution. This is the latest development in an ongoing global investigation into the financial activity of the former Minister of Petroleum Resources Diezani Maduke, who was arrested last year in London for financial crimes. Mrs. Madueke was at the helm of the petroleum industry in Nigeria during a ...

Drama as Female passenger dies inside Lagos airport toilet

A mild drama unfolded on Wednesday at the departure hall of the Murtala Muhammed International Airport, Ikeja, Lagos, when a middle – aged female passenger billed to travel with Etihad Airways died inside one of the toilets at the airport. Though details about the circumstances that led to her death were sketchy at press time, but she was believed to be traveling for medical treatment to a country yet to be determined. The deceased was said to have suffered a bout of pain that made her to rush to the toilet where she died. The Spokesman of the Federal Airports Authority of Nigeria (FAAN), Yakubu Dati, confirmed the incident. He said the agency was investigating the death and would give details of what happened later.

ARM Young Talent (Internship) Program 2016 For Undergraduates

Asset & Resource Management Company (ARM) Limited was established in 1994, and has evolved into a leading asset management firm in Nigeria with a focus on asset management across a broad asset class. At ARM, our people are our main asset, and the quality of advice and solutions that they provide is the underlying reason that we are able to build and sustain lasting relationships. The quality and breadth of our client base speaks to the quality of our people. We are recruiting to fill the position of: Job Title: ARM Young Talent (Internship) Program 2016 Location: Lagos Job Description The ARM Young Talent Programme (AYTP) is designed to provide exemplary university students with the opportunity to develop an early career at ARM through exposure to meaningful assignments that offer opportunities to gain real-world experience. It is our chosen way to influence the development of talent in our environment. The AYTP offers our interns good learning opportunities, via practi...

HOW DIEZANI MADUEKE APPROVED $24BN CRUDE SWAP WITHOUT CONTRACT

A former Group Managing Director of the Nigerian National Petroleum Corporation, Mr. Austin Oniwon, confirmed on Tuesday that there was no formal contract between the NNPC and trading companies that lifted $24bn worth of crude oil from the country between 2011 and 2014. Oniwon told the House of Representatives Ad Hoc Committee on Crude Oil Swap that a former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, merely granted the “extension” of an earlier contract. He said the extension was not a formal contract before he (Oniwon) left office in 2012. The committee is chaired by an All Progressives Congress lawmaker from Kwara State, Mr. Zakari Mohammed. “There was an approval for the extension by the minister; I believe the records are with the NNPC,” he added. The NNPC began taking 445,000 barrels of crude daily in 2010 for refining in a bid to meet the country’s local demand of petroleum products. But when the country’s refineries failed to run, the NNPC resorted ...

See how much states in Nigeria owe as foreign debt

Debt profile of each state as presented by the committee on local and foreign debt of te senate 

Another man feignes madness With 18 ATM Cards In Ondo

The Ondo State Police Command has arrested a middle-aged man who appeared to be a lunatic in Akure, the state capital, on Monday with 18 Automated Teller Machine cards of different banks and some cash in his possession. The suspect, who was said to be in his 30s, was arrested in the Ijapo area of the capital city by the residents of the area. They later handed him over to policemen in the Ijapo Police Station, saying they suspected him to be an armed robber disguising like a mad person. According to a source, some residents of the area have been observing him (suspect) roaming around the streets and suspecting him to be using his appearance to deceive the people in the area. On Monday, the source said the suspect was accosted by the residents, but his explanation was not tenable as he was reportedly incoherent while responding to the different questions put to him. He was arrested and handed over to the police. The source said an undisclosed sum of money made up of different de...

arms and ammunition intercepted a Tin-Can Island port

Customs operatives attached to the Tin-Can Island port command of the Nigeria Customs Service, (NCS), have intercepted a cache of arms and ammunition allegedly being smuggled into the country by criminally minded importers. The Customs Area Comptroller, (CAC) of the command, Mr. Yusuf Bashar who made this disclosure said that the healthy collaboration amongst security agencies working in the command led to the interception. “Over 980 rounds of live 9mm ammunitions and one Taurus pistol with number THX43606 were part of the items found”, he said. According to DailyTrust, the arms and ammunition were said to have been carefully concealed in a container that was shipped into Nigeria from Europe. One person who claimed to be agent to the owner of the consignment has also been arrested. He is presently helping security operatives to unravel the identities of those behind the illegal importation of arms. Also contained in the seized container were a pair of black boot, a mili...