Inter-Ministerial Committee Will Be Established To Fast-Track NNPC Reforms - Buhari.

President Muhammadu Buhari said Tuesday in Abuja that an inter-ministerial committee will soon be established to speed up the re-organization and reformation of the Nigerian National Petroleum Corporation (NNPC). Speaking at a meeting with the Chief Executive Officer of the International Finance Corporation (IFC), Jin-Yong Cai, at the Presidential Villa, President Buhari said that the reformation of the NNPC had become inevitable in view of the corruption and abuse of its present structure in the recent past. The President also cited Nigeria's current need to maximize income from every source of revenue as a further imperative for reforming the NNPC.

Court Asks IGP To Monitor Haliru Bello At Abuja Clinic..

The Inspector General of Police, IGP Solomon Arase, has been asked to supervise the stay of the former National Chairman of the PDP, Haliru Bello, at the Abuja clinics. A Federal High Court gave the directive on Tuesday, pending the determination of Mr Bello’s bail application which has been fixed for January 7, 2016. The order followed the plea by his counsel and evidence in court that the accused person came from the Abuja clinics to take his plea.

INEC Urged To Probe $2m Bribe Offer To Wife Of Bayelsa REC By Timipre Sylva

The Independent National Electoral Commission (INEC) has been urged to launched an immediate investigation into an alleged $2 million bribe offer to the wife of Bayelsa Resident Electoral Commisioner (REC) by the All Progressives Congress (APC) governorship candidate, Chief Timipre Sylva. A statement issued by the leader of Friends of Bayelsa, Otobo Osborne, also called on President Muhammadu Buhari to use the instruments of government at his disposal to order an investigation into how and where Chief Timipre Silva got the $2 million dollars to offer the wife of Bayelsa INEC REC in the state.

DSS Searches Governor Mimiko Of Ondo State's Plane

In a commando like operation, as seen in movies, the plane conveying Governor Olusegun Mimiko of Ondo State to Port- Harcourt enroute to Bayelsa State was searched by men of the DSS. The stern looking men of the DSS swooped on the plane as soon as it landed at the Port-Harcourt Airport. The DSS men searched the plane, and even "physically" searched the Governor, his security details and aides.

Saudi Arabia May Fall Victim to Oil Price War It Started

Saudi Arabia has been flooding the market with cheap oil to drive competitors out of business, but now it is getting more and more difficult. The oil war Saudi Arabia has waged in the oil global market may have negative consequences for the Saudi economy, American author and journalist Matt O’Brien wrote.  "The next casualty in Saudi Arabia's oil price war might be its own economy," the article in WP read.

Lagos to install 10,000 CCTV cameras across the state

Lagos state government says it has concluded plans to install 10,000 CCTC cameras across the state. The state Commissioner for Economic Planning and Budget, Akinyemi Ashade, stated this while giving a breakdown of the 2016 budget, tagged ’The Peoples’ Budget’ before newsmen.
“We will be expanding our ICT infrastructure statewide. Consequently, a budget of N9.6 billion has been approved for this purpose in 2016. This will include a Smart City project targeted at deploying technology to enhance security in the state.
It will also aid our revenue generating efforts. We will be increasing coverage of CCTV installations in the state. Our goal is to have over 10,000 active cameras, connected by Broadband. The existing 1,000 cameras will be reactivated and these will be increased by an additional 3,000 cameras after the completion of the first phase of this project.”‎he said