The Federal High Court Sitting in Lagos has ordered the interim forfeiture of an estate in Banana Island, Lagos. The court also ordered the forfeiture of 37.5m US dollars alleged to have been fraudulently syphoned by a Former Minister of Petroleum, Mrs Deizani Alison Madueke.[powr-banner-slider id=f615b390_1500277847679] Presiding Justice Chuka Obiozor made the forfeiture order after…
Government Reduces Petrol Price
Petroleum Minister, Diezani Alison-Madueke has announced a reduction in the pump price of petrol. The Minister said government has reduced the price from N97 to N87 with immediate effect. The price reduction, which some Nigerians have been calling for since the international price of crude oil fell in 2014, is now coming less than a…
Court Nullifies House Summons On Diezani
A Federal High Court sitting in Abuja has nullified the summons of the House of Representatives on the Minister of Petroleum Resources, Diezani Alison-Madueke. The House had summoned Alison-Madueke in order to probe her alleged waste of public funds on the use of chartered jets for unofficial purposes. Justice Ahmed Mohammed on Wednesday, December 17,…
FG Provides N213B Bailout For Electricity Companies
The federal government on Friday disclosed that it had approved a N213 billion bailout facility for private electricity companies to settle legacy gas debts. While making the disclosure during a joint press conference at the presidential villa in Abuja, Diezani Alison-Madueke, minister of petroleum resources, said the facility, which would be provided by the Central…
Profile of Diezani Alison-Madueke: A Selfless Patriot
On December 6, 1960 two months after Nigeria’s independence, a baby girl was born to the royal family of HRM Frederick Abiye Agama of Yenaka, Yenagoa Local Government area of Bayelsa State by his wife Beatrice and that child was named Diezani Kogbeni Agama. That little baby has grown to become a wife, mother, architect,…
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