N35 billion arms The Economic and Financial Crimes Commission is investigating a case of diversion of public funds totaling N35bn at the Ministry of Defence. The money was reportedly meant for the procurement of items and equipment for the military in peacekeeping missions. [PUNCH] N14.4bn Trade facility Coronation Merchant Bank said …
Read More »RANDOM MUSINGS
POLICE NEED 250,000 RIFLES, 1,000 APCS, 774 DRONES – IG
774 drones, 2m tear gas The Inspector-General of Police on Tuesday said apart from inadequate personnel, the Nigeria Police Force needed no fewer than 1,000 armoured personnel carriers and 250,000 assault rifles with corresponding ammunition. He said the country needed 2 million tear gas canisters and smoke grenades; 200,000 riot gunners and smoke …
Read More »PRESIDENT BUHARI FAILS TO DISCLOSE ₦11.4 TRILLION OIL REMITTANCES
₦11.4 trillion The Minister of Petroleum, President Buhari has failed to disclose about 11.43 Trillion naira remittances made by international oil and gas companies between 2014 and 2018. An analysis by DATAPHYTE has shown that at least $37.46 billion has been remitted by oil and gas companies from Europe and …
Read More »