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  TMG, (Transition Monitoring Group) a coalition of civil society organizations, at the weekend, discribed the recent recruitment exercise conducted by the Central Bank of Nigeria (CBN) as shady, a grand betrayal of a change mantra of the Buhari’s administration The statement reads: “TMG is dismayed by recent revelations of outright cronyism and favouritism in a shady recruitment exercise conducted by the Central Bank of Nigeria (CBN). It is indeed very strange that impunity of this magnitude would be associated with the nation’s apex bank at a time Nigerians are hoping that the change mantra of the administration of President Muhammadu Buhari, would translate into better ethical standards for conducting government business. “TMG is not unmindful of the fact that this scandal is a clear manifestation that there remains within the system vestiges of the discredited and corrupt old guard, which would always be against a people centred philosophy of governance. For us, the recruit...

Minster of State for Labour and Employment, Chief James Ocholi is dead.  Ocholi is from Dekina local Government area of Kogi state.  Ocholi was said to have died in a motor accident while travelling along Abuja – Kaduna road along with two other passengers. Family source said the accident which involved his vehicle; a Prado SUV and another Lexus SUV also left his wife in a coma. Also in the ill-fated car were his son and aide-de-camp, Vanguard learnt. Ocholi is from Dekina local Government area of Kogi state.

Chairman, Capital Oil and Gas Limited, Mr. Ifeanyi Ubah, has disclosed that in addition to his plans to force a reduction in the dollar exchange rate, he has designed a template to boost Nigeria’s Internally Generated Revenue, IGR, by 30 per cent. In a press statement in Abuja, Ubah also stated that contrary to reports, he is yet to be approached by the Federal Government as regards the foreign exchange (forex) issues. Ifeanyi Uba Ifeanyi Uba Commenting on his new initiative, Ubah said, “It may also interest Nigerians to know that my team and I have also been working tirelessly on a number of issues aimed at fostering the growth and development of Nigeria and her economy. “We have designed two templates/systems on how Nigeria’s Internally Generated Revenue can be grown by 30 per cent guarantee. However, we have decided to push our concepts and strategies out in phases. This will come in the next phase of our intervention scheme. I leave this in the hands of Nigerians and for posterit...