Nigeria Now 32nd Most Corrupt, Says Transparency International

In spite of President Umaru Yar’Adua’s avowed commitment to fighting corruption and the spirited efforts of the Economic and Financial Crimes Commission (EFFCC) to curb official graft, Trans-parency International (TI), the global anti-graft watch, yesterday released its 2007 Corruption Perceptions Index (CPI), ranking Nigeria 148 out of the 180 countries surveyed.

That President Yar'Adua May Succeed

Sample One: in a paid newspaper advert, West African Maroil & Energy Services sent what it called an “SOS” to President Umaru Musa Yar’Adua over what I will rather consider a straightforward case. The petition, signed by Chief E. A. Orefuwa, was on a tanker vessel, “MT Frances”, which was leased from his company by Nagos Marine and Oil Ltd in May 2003. The vessel was arrested and detained same month by the Nigerian Navy on the suspicion of illegal bunkering.

Yar’Adua takes NES report to EMT for fine-tuning

ABUJA — PRESIDENT Umaru Musa Yar’Adua has promised that all deliberations, resolutions reached at the just concluded 13th National Economic Summit would be presented before the Economic Management Team (EMT) for further discussions at the council level.

At Briefing to Mark 100 Days in Office, Yar'Adua Blasts Naira Change

The Central Bank of Nigeria's [CBN] naira redenomination plan was rejected by the Federal Government because it was like carrying out surgery on a person who is not sick, President Umaru Yar'adua said last night.

Yar'Adua Gets Tough On Ministers

President Umaru Musa Yar’Adua has declared a strong stand of his administra-tion on the 2008 Appropriation now in the works as he was said to have warned ministers that he would only accept 100 per cent implemen-tation from them.

Yar'Adua Counsels Nigerians On Culture

PRESIDENT Umar Yar’Adua has called on Nigerians to see culture as a very powerful instrument for the development of peace and unification of the country.

Nigeria Bids To Build Global Oil Group

Nigeria has announced plans to transform its near-bankrupt state-owned oil company into a global player.

The aim is to break a legacy of corruption and mismanagement and thrust the business into the ranks of increasingly influential national energy companies.

Ojukwu Explodes - Says Yar'Adua Must Go - Utomi, Others Disagree

Ikemba Nnewi Dim Chukwuemeka Odumegwu Ojukwu has called on President Umaru Musa Yar'Adua and Vice President Goodluck Jonathan to resign and hand over to the Chief Justice of Nigeria (CJN), to constitute an interim administration that would conduct fresh elections.

Yar'Adua Forecloses Emergency Rule In Rivers

President Umaru Musa Yar'Adua yesterday warned that the Federal Government would not allow criminal elements take control of Port Harcourt and Rivers State.

He just as he said that his administration has never considered the possibility of imposing a state of emergency on the state.

Nigeria Scraps State-Oil Company

Nigerian President Umaru Yar'Adua is to scrap the state-owned oil corporation and restructure the industry.
A national energy council will instead be established to oversee the notoriously corrupt oil sector.

The council, headed by the president, has six months to create five new organisations out of the Nigerian National Petroleum Corporation (NNPC).