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Freed kidnapping victim Olu Falae was not a favourite in his state

Olu Falae, the former Secretary to the Federal Military Government, one-time presidential candidate and economist, has, according, to reports regained his freedom after being kidnapped in his farm in Ondo State. Reports claimed he was abducted by Fulani herdsman and a ransom of 100m naira ($502,000) was allegedly demanded. The word from Akure is that Falae was not a popular …

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Rochas Okorocha is a “wanted man”

Several members of the Imo State House of Assembly have been desperately seeking governor Rochas Okorocha and he has been “dodging” them according to a source in Owerri. The members of the House including the Speaker, Acho Ihim, his deputy,Ugonna Ozuruigbo, and others, want Okorocha to “settle” them for hurriedly approving his request for a 20bn naira ($104m) loan (bond) …

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Okonjo-Wahala joins the lizards of Lazard

Nigeria’s former finance minister Ngozi Okonjo-Iweala has joined Lazard as a “senior adviser”, most likely as payback for services rendered when she was mismanaging the Nigerian economy for the benefit of foreign capital. Lazard call themselves: “the world’s leading financial advisory and asset management firm, advises on mergers, acquisitions, restructuring, capital structure and strategy”. They did business in Nigeria including …

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Why Godswill Akpabio may not return to Nigeria

We reported here that Godswill Akpabio, Senate Minority Leader and former Akwa Ibom State governor, may have fled to the United States to escape prosecution in Nigeria. Akpabio was involved in a car crash in Abuja, then flew to London for treatment and from there he went to the US. There are rumours that he may have facilitated the accident …

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President Buhahari plotting to remove VP Osinbajo

A source has revealed that President Muhammadu Buhari doesn’t like working with his vice president Yemi Osinbajo and would have sacked him by now if that action wasn’t unconstitutional. The removal of the VP can only be by death, resignation, incapacity or impeachment. The last option would require a two-thirds majority in the National Assembly. Buhahari’s beef with Osinbajo is …

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PDP backing Bukola Saraki

The embattled Senate President Bukola Saraki has the solid support of all the Peoples Democratic Party (PDP) senators in his bid to remain in office. Saraki of the All Peoples Congress (APC) is involved in a legal tussle with the Code of Conduct Tribunal. The tribuanal had earlier ordered his arrest for failing to appear before it to answer charges …

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