Wednesday, November 14, 2018

Tag "probe"

    Reps to probe ‘loss of N50bn’ in tax revenue, illegal mining

Reps to probe ‘loss of N50bn’ in tax revenue, illegal mining

The house of reps has resolved to probe the reported loss of N50 billion in gold tax revenue and illegal mining in Nigeria in the last five years.The resolution was sequel to a motion raised by Ehiozuwa Agbonayinma from Edo state during plenary on Thursday.Agbonayinma said the nation's mining industry is heavily under-utilised despite the need to diversify the nation's [...]

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    HEDA writes IGP, demands probe of Adeosun over ‘certificate forgery’

HEDA writes IGP, demands probe of Adeosun over ‘certificate forgery’

The Human and Environmental Development Agenda Resource Centre (HEDA) has asked Ibrahim Idris, inspector-general of police (IGP), to investigate the allegations of certificate forgery against Kemi Adeosun, minister of finance.Premium Times had reported that Adeosun allegedly forged an exemption certificate of the National Youth Service Corps (NYSC).The corps in response said the finance minister applied for exemption but it would investigate [...]

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    IGP sets up panel to probe killing of policemen in Abuja

IGP sets up panel to probe killing of policemen in Abuja

Ibrahim Idris, inspector-general of police, has set up an eight-man team to probe the killing of seven police officers in the federal capital territory (FCT).Gunmen attacked the policemen while on stop-and-search duty in Galadimawa area of Abuja, on Monday night.Jimoh Moshood, spokesman of the Nigeria police force, said the team comprises specialised crack investigation detectives, police scene of crime experts [...]

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    Reps probe loot recovered from Abacha since 1998

Reps probe loot recovered from Abacha since 1998

The house of representatives has resolved to probe the funds recovered from Sani Abacha, former military head of state, from 1998 till date.The lawmakers are also seeking to investigate how the funds have so far been used, including the charges paid to lawyers and consultants.The resolution followed a motion introduced during plenary on Wednesday by Sunday Karimi from Kogi state.Abubakar [...]

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    Reps probe ‘mismanagement’ of $22bn LNG project set up under Obasanjo

Reps probe ‘mismanagement’ of $22bn LNG project set up under Obasanjo

The house of representatives on Thursday resolved to probe the Nigerian National Petroleum Corporation (NNPC) over the implementation of the Brass Liquefied Natural Gas project.The resolution was sequel to a motion raised by Kingsley Chinda, a lawmaker from Rivers state, on the need to investigate the alleged mismanagement of $22 billion meant for take-off and running of the project.The gas [...]

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    $16bn power project: Refer Obasanjo to EFCC, SERAP tells Buhari

$16bn power project: Refer Obasanjo to EFCC, SERAP tells Buhari

The Socio-Economic Rights and Accountability Project, (SERAP) has urged President Muhammadu Buhari to initiate probe against ex-President Olusegun Obasanjo for allegedly mismanaging $16 billion meant for power projects in the country.It asked the president to refer the allegation to the Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to be investigated [...]

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    HEDA asks police to probe Bayelsa senator caught in certificate scandal

HEDA asks police to probe Bayelsa senator caught in certificate scandal

The Human and Environmental Development Agenda Resource Centre (HEDA) has asked the police to probe the certificate scandal involving Foster Ogala, senator representing Bayelsa west senatorial district.The senator's official national assembly profile credits him with earning a PhD in Christian (sic.) Leadership in 2012, from the GMF Christian University, Lagos.But investigations by Leaks.ng had revealed that the federal government has not [...]

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    Reps panel calls for arrest of Buhari’s aide over failure to honour its invitation

Reps panel calls for arrest of Buhari’s aide over failure to honour its invitation

A house of representatives panel has called for the arrest of Okoi Obono-Obla, chairman of the special presidential investigation panel for the recovery of public properties.The ad-hoc committee probing the legality of the panel demanded that he should be arrested during its sitting on Tuesday.The committee was angered by Obono-Obla's failure to honour their invitation to appear on three occasions [...]

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    Reps panel ‘uncovers’ sharp practices in capital market operations

Reps panel ‘uncovers’ sharp practices in capital market operations

The house of representatives sub-committee on capital market, regulation and compliance says it is currently probing capital market operations in the country.The committee said in the course of the probe, it has uncovered “a lot of underhand and sharp practices” perpetrated by various companies in the capital market.Following petitions on the alleged sharp practices in the sector, the Tony Nwulu-led [...]

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    Dogara: Why reps are probing presidential panel on recovery of public property

Dogara: Why reps are probing presidential panel on recovery of public property

Yakubu Dogara, speaker of the house of representatives, has defended the decision of the lower legislative chamber to probe the presidential investigation panel on the recovery of public property.He said the lawmakers decided to probe the panel to ascertain where it got the power to investigate public officers.Speaking at a public hearing on the legality and modus operandi of the [...]

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    NEMA probe: If you’re busy send someone to represent you, reps panel tells Osinbajo

NEMA probe: If you’re busy send someone to represent you, reps panel tells Osinbajo

A house of representatives committee probing alleged malpractice at the National Emergency Management Agency (NEMA) says Vice-President Yemi Osinbajo can send a representative to honour its invitation.The committee is investigating the alleged breach of public trust at NEMA and the alleged illegal dismissal of some senior officials at the agency.Last week, it summoned Osinbajo to clear the air on why the [...]

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    Reps to probe ‘diversion’ of funds in amnesty programme

Reps to probe ‘diversion’ of funds in amnesty programme

The house of representatives has resolved to conduct a “comprehensive” probe of the presidential amnesty programme over alleged mismanagement of funds.The resolution was sequel to a motion introduced during plenary on Wednesday by Abubakar Adamu, a lawmaker from Niger state.The development comes about a week after President Muhammadu Buhari ordered an investigation of the amnesty programme under Peter Boroh, its [...]

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    Reps to probe ‘sexual abuse, diversion of relief materials’ in IDP camps

Reps to probe ‘sexual abuse, diversion of relief materials’ in IDP camps

The house of representatives has resolved to investigate the alleged cases of rape, extortion and diversion of relief materials in internally displaced persons (IDPs) camps across the country.The resolution was sequel to a motion introduced during plenary on Wednesday by Hassan Saleh, f a lawmaker rom Benue state.Saleh said stories abound of how IDPs in the country go through “harrowing [...]

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    Reps to probe ‘illegal withdrawal of N10bn’ from NHIS

Reps to probe ‘illegal withdrawal of N10bn’ from NHIS

The house of representatives has resolved to investigate the alleged illegal withdrawal of N10 billion from the National Health Insurance Scheme (NHIS) fund.The resolution was sequel to a motion raised during plenary on Tuesday by Chike Okafor, a lawmaker from Imo state.Okafor said for the purpose of carrying out its mandate, a fund made up of five percent contribution by [...]

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    Reps panel probes ‘massive importation fraud’ by companies

Reps panel probes ‘massive importation fraud’ by companies

The house of representatives committee on customs has commenced investigations into alleged massive fraud by some companies through breach of importation procedures.James Faleke, chairman of the committee, disclosed this to journalists on Tuesday.The alleged breach is said to have led to a huge loss of revenue accruing to the federation account.Faleke said the committee has invited the companies involved to [...]

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    Group petitions EFCC, seeks probe of JAMB’s financial records since 1999

Group petitions EFCC, seeks probe of JAMB’s financial records since 1999

The Human and Environmental Development Agenda has asked the Economic and Financial Crime Commission (EFCC) to probe the finances of the Joint Admission and Matriculation Board (JAMB) since 1999. Olanrewaju Suraju, HEDA chairman, said the group is seriously concerned about the remittance of N7.8 billion by Ishaq Oloyede, JAMB registrar, into the coffers of the government.It said the remittance was made [...]

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Exchange Rates

November 13, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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