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Nigeria:
Fuel Subsidy Fraud- EFCC Raids Petroleum Regulatory Body Headquarters
Leadership, 17 January 2012
Barely 24 hours after President Goodluck Jonathan directed the Economic and Financial Crimes Commission (EFCC) to investigate the alleged inappropriate financial dealings… Read more »
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Nigeria:
Fuel Subsidy and Jonathan's Cabal
Vanguard, 16 January 2012
NOTWITHSTANDING President Goodluck Jonathan's pledge to consult widely in respect of the earlier proposed removal of subsidy on petroleum products, the president and his clique… Read more »
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Nigeria:
Serap Urges Sanusi to Release Documents On Alleged Scam in Subsidy System
Vanguard, 16 January 2012
A civil society group, Socio-Economic Rights and Accountability Project, SERAP, has sent a Freedom of Information, FoI, request to Central Bank of Nigeria, CBN, Governor, Mallam… Read more »
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Nigeria:
Fuel Subsidy Fraud and Voodoo Accounting
Daily Trust, 17 January 2012
Professor Belo Salim, my nephew though slightly older than me, never misses a chance to politely scold me on my tone in these columns. "You are too angry" he would say, adding "if… Read more »
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Nigeria:
FG Inflated Subsidy Fund - RMAFC
Daily Trust, 17 January 2012
Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) Engineer Elias Mbam has said that the Federal Government overinflated the amount of money it spends… Read more »
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Nigeria:
NNPC's Inefficiency Blamed for Years of Subsidy Regime
This Day, 17 January 2012
Nigeria's long-running years of fuel subsidy regime has been attributed to Nigerian National Petroleum Corporation's (NNPC's) perceived dysfunctions and subsequent failure to… Read more »
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Nigeria:
Subsidy - Teachable Moments
This Day, 17 January 2012
What began as an audacious error of political judgment and economic desperation quickly graduated into a landmark national upheaval. It threatened to swallow the little democratic… Read more »
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Nigeria:
FG Loses N794 Billion to Fuel Subsidy Strike
Vanguard, 17 January 2012
Citizens' Right Initiative Project, CRIP, has said that the nation lost about N794.65 billion during the six-day nation-wide protest over increase in the pump price of petrol,… Read more »