Tag Archives: President of the United States

Nigerian Central Bank governor says oil subsidy ‘immoral’

From NEXT: The governor of Nigeria’s central bank, Sanusi Lamido Sanusi, has criticized the Federal Government’s continued spending on reducing fuel cost, renewing the call for the removal of a subsidy programme that has gulped trillions of naira but has failed to reach ordinary people as intended. Mr. Sanusi was speaking on Monday at a… Read More »

Chairman of Nigeria’s ruling party arrested on corruption charges

BBC: The chairman of Nigeria’s governing party, Vincent Ogbulafor, has been charged with fraud. Mr Ogbulafor is accused of fraudulently awarding $1.5m (£1m) in federal funds when he was a government minister under President Olusegun Obasanjo. He denies the charges but if convicted, Mr Ogbulafor would have to resign. Correspondents say the case is being… Read More »