Daily Dispatch, Author at Daily Dispatch Newspaper

BUSINESS

Nigeria loses $850m to gas flaring in 2015- DPR

Daily Dispatch April 30, 2017

The Department of Petroleum Resources said that Nigeria, the ninth largest gas producing nation in the world, lost over 850 million dollars to gas flaring in 2015. Mrs Pat Maseli, Deputy Director, Head, Upstream, DPR, gave the statistics at the just concluded 10th Annual Sub-Saharan Africa Oil

NEWS

SERAP rejects World Bank’s explanation on Abacha loot spending

Daily Dispatch April 30, 2017

The World Bank has been accused of resorting to technicalities rather than explaining how the loot recovered from late military junta, Gen. Sanni Abacha was spent. A human rights advocacy group, Socio-Economic Rights and Accountability Project made the accusation in response to the World Bank response that it cannot locate any additional information on the […]

LEAD STORY 2

N15bn Recovered From Ikoyi: Lawyer Sues EFCC

Daily Dispatch April 30, 2017

An activist lawyer, Mr. Olukoya Ogungbeje, has sued the Economic and Financial Crimes Commission urging the court to suspend action on the forfeiture application filed by the agency in respect of the cash sums of $43,449,947, £27,800 and N23,218,000 recovered from an apartment in the Ikoyi area of Lagos State. Ogungbeje, who sued the EFCC […]

LEAD STORY 2

Don’t Undermine Nigeria’s Self-Reliance-Obasanjo Warns Foreign Nationals

Daily Dispatch April 30, 2017

A former Nigerian President, Olusegun Obasanjo has warned foreign nationals and investors doing business in Nigeria to stop undermining the nation’s self-reliance in their business dealings with Nigeria, saying that their dealings should be mutually beneficial. He was speaking in Abeokuta, the Ogun state capital during an interactive session with members of the Indian

99% Of Those Arrested Over Allegations of Corruption by EFCC Under Obasanjo Were PDP Members- says Nuhu Ribadu

Daily Dispatch April 30, 2017

Pioneer chairman of the Economic and Financial Crimes Commission, Mallam Nuhu Ribadu, has disclosed that during his tenure as EFCC chairman, ninety-nine per cent of those arrested over allegations of corruption were members of the then ruling Peoples Democratic Party, PDP. Speaking on Friday in Lagos at a reception organised for former president Olusegun Obasanjo, […]

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