Politics

Nigerian Finance Minister Okonjo-Iweala Resigns – Sources

Update: The Minister of Finance and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala has issued a carefully worded statement that sidestepped answering the question whether she tendered a letter of resignation earlier in the week to President Goodluck Jonathan. The...

House Condemns Sanusi’s Suspension

BEVERLY HILLS, February 20, (THEWILL) - The House of Representatives Thursday condemned the suspension of the Central Bank of Nigeria (CBN) Governor, Mallam  Sanusi Lamido Sanusi, by President Goodluck Jonathan. The House said the suspension ran foul of the CBN...

Sanusi’s Suspension: President Acted Within The Ambit Of His Powers, Says Senate

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BEVERLY HILLS, February 20, (THEWILL) - The Senate on Thursday declared that President Goodluck Jonathan acted within the ambit of his statutory function by suspending the Governor of Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi. Senate's spokesman, Senator Enyinnaya...

$49.8bn: Adoke Says It’s Legal For NNPC To Deduct Costs Before Remitting To Federation Account

SAN FRANCISCO, February 20, (THEWILL) - The Attorney General of the Federation, Mohammed Bello Adoke, on Thursday told the Senate that the Nigerian National Petroleum Corporation (NNPC) was not bound by law to remit all revenues derived from upstream...

APC, Atiku Fault Sanusi’s Suspension, Warn GEJ Against Destroying Nation’s Institutions

SAN FRANCISCO, February 20, (THEWILL) - The All Progressives Congress (APC) has said Thursday's suspension of Malam Sanusi Lamido Sanusi as Governor of the Central Bank of Nigeria (CBN) by President Goodluck Jonathan is patently illegal, poorly thought-out and...

Jonathan Appoints New Executive Secretary For PPPRA

BEVERLY HILLS, February 20, (THEWILL) - President Goodluck Ebele Jonathan has approved the appointment of Mr. Farouk A. Ahmed as the Executive Secretary of the Petroleum Products Pricing Regulatory Agency (PPPRA) with immediate effect, a Presidency statement said Thursday. Mr....

Nigerian President Nominates Godwin Emefiele As Next CBN Governor

SAN FRANCISCO, February 20, (THEWILL) - A few hours after suspending the controversial Governor of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, President Goodluck Jonathan has nominated the Group Managing Director of Zenith Bank Plc, Mr. Godwin...

Jonathan Suspends Lamido Sanusi, Appoints Acting Governor

SANUSI LAMIDO SANUSI   BEVERLY HILLS, February 20, (THEWILL) - President Goodluck Jonathan has suspended the controversial Governor of the Central Bank, Mallam Sanusi Lamido Sanusi. A statement by Reuben Abati, the President’s spokesman announced the development on Thursday. The text of the...

Police Confirm 47 Dead In Bama

SAN FRANCISCO, February 20, (THEWILL) - The Borno State Police Command has cleared the air on Wednesday morning Boko Haram attack on Bama, saying not less than 47 persons were killed in the incident. The Police however said that the...

Rivers: Federal Court Strikes Down Amaechi’s Appointee As Acting Chief Judge

BEVERLY HILLS, February 19, (THEWILL) - Justice Lambo Akanbi of the Federal High Court Port Harcourt, Rivers State, Wednesday faulted the swearing-in of Justice Peter N.C Agumagu, the President of the Customary Appeal Court as Acting Chief Judge of...