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Nigeria:
N1.23 Trillion Fuel Subsidy Payment in 2012 Is Worrisome - CSO
Leadership, 20 December 2012
The Nigeria Civil Society Situation Room yesterday expressed concern over the N1.23 trillion the federal government has announced it would spend for the fuel subsidy for the 2012… Read more »
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Nigeria:
Representatives Approves N161.6 Billion Supplementary Fuel Subsidy Budget
Leadership, 19 December 2012
The House of Representatives on Wednesday approved the N161.6 billion supplementary fuel subsidy budget for the payment of arrears of fuel subsidy for 2012. Read more »
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Nigeria:
Subsidy Scam - Court Grants Peters N85 Million Bail
Leadership, 19 December 2012
A Lagos High Court on Wednesday granted bail in the sum of N85 million to the Managing Director of Nadabo Energy Ltd., Abubakar Peters, charged with N1.5 billion oil subsidy fraud. Read more »
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Nigeria:
Fuel Subsidy - Reps Seek More Clarification On Jonathan's N161 Billion Request
Leadership, 13 December 2012
The House of Representatives yesterday suspended debates on President Goodluck Jonathan's request to the National Assembly for an additional N161,617,364,911 billion over and above… Read more »
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Nigeria:
House Suspends Consideration of N162 Billion Extra Fund for Fuel Subsidy
This Day, 13 December 2012
House of Representatives Speaker, Hon. Aminu Tambuwal, Wednesday tactically stood down further consideration of the request by President Goodluck Jonathan for an additional… Read more »
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Nigeria:
Subsidy - Why I Barred EFCC From Quizzing Reps - Tambuwal
Daily Trust, 13 December 2012
Tambuwal spoke Tuesday when he received a delegation of the Anti Corruption Network (ACN) led by two former lawmakers, Dino Melaye and Independence Ogunlewe. Read more »
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Nigeria:
Fuel Subsidy - Jonathan Seeks N162 Billion Supplementary Budget
This Day, 12 December 2012
President Goodluck Jonathan Tuesday formally requested the National Assembly to approve N161,617,364,911, which will be built into the 2012 supplementary budgetary framework, to… Read more »
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Nigeria:
Fuel Subsidy - Jonathan Requests Senate's Approval of N161.6 Billion
Leadership, 11 December 2012
President Goodluck Jonathan has requested the Senate's approval of N161.6 billion as fuel subsidy under a supplementary budget for 2012. Read more »
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Nigeria:
States Ask Supreme Court to Compel FG to Account for Fuel Subsidy
This Day, 11 December 2012
Governors of the 36 states Tuesday filed a fresh suit at the Supreme Court against the Federal Government asking it to account for all monies it deducted from the Federation… Read more »
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Nigeria:
Fuel Scarcity May Wane in Lagos Towards Yuletide
Vanguard, 12 December 2012
THERE are indications that the current fuel scarcity bedeviling Lagos and the entire nation may wane just as oil marketers are expected to discharge reasonable quantities of… Read more »
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Nigeria:
EFCC Asks Swiss Authorities for Help With Fuel Subsidy Scam
This Day, 11 December 2012
The Economic and Financial Crimes Commission (EFCC) has confirmed that it had sought Switzerland's help in the investigation of a multi-billion dollar fuel subsidy scam, after some… Read more »
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Nigeria:
Jonathan to NASS - Approve N162 Billion for Subsidy or Face Fuel Scarcity
Vanguard, 12 December 2012
STRONG indications emerged, yesterday, that Nigerians will have a bleak festive season if the Senate and House of Representatives fail to honour the request of President Goodluck… Read more »