Category Archives: Breaking

$3 Million Bribery Scandal: House Of Representatives Says Zenon’s Femi Otedola Not On Trial, Insists On Implementation Of Subsidy Report

In spite of the controversy trailing the subsidy probe report following the $3 million bribery charge leveled against the suspended chairman of the House ad hoc committee that probed the fuel subsidy scheme of the federal government, the House of Representatives still insists that the report be implemented in full by the Executive.    …

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The Standoff: Femi Otedola Of Zenon Oil & Farouk Lawan Chairman House Of Representative Committee Fuel Subsidy Probe

In the months since the fuel subsidy brouhaha and the subsequent probe by the Senate and House of Representatives, several accusations have come to light in various sectors, of attempts to extort money by members of our esteemed legislature. There is an adage that says, “There is no smoke without fire.”                              …

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Exposed: Dana Airlines Registration With Corporate Affairs Commission & Operations Greatly Flawed

The ownership structure of Dana Airlines Limited and its registration with the Corporate Affairs Commission (CAC) are fraught with gross irregularities, going by the authoritative revelations. Our stunning discoveries at once question the credibility and ethical probity of the management team of Dana Airlines, mainly comprising Indian businessmen.   Mr. Jacky Hathiramani, CEO, Dana Air…

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President Jonathan Goodluck Breaks Down At Dana Crash Site, Promises “There Would Never Be A Recurrence”

There would never be a recurrence of Sunday’s heartbreaking air disaster involving Dana Airline’s McDonnell Douglas MD-83 that killed a total of 153 travellers after crashing into buildings in Iju Ishaga, Lagos on Sunday, President Goodluck Jonathan has promised.   “We have been working very hard to improve the aviation in this country,” a tearful…

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Rebranding UNILAG To Moshood Abiola University To Cost N1Bn – Wise Or Foolish?

Since President Goodluck announced that the University of Lagos (UNILAG) be renamed after Late M.K.O Abiola at a live Democracy day broadcast, the students of UNILAG have expressed their unhappiness with this move with protests.   Since the announcements were made yesterday, students of the university have been protesting against the move by Goodluck. The…

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