PDP Crisis’ll Not Affect Senate – Ndoma - Egba

The National Assembly will resume today after its vacation amid fears  that the crisis in the ruling Peoples Democratic Party may affect the leadership of the Senate as a result of its alleged loyalty to the embattled PDP National Chairman, Alhaji Bamanga Tukur. In this interview, Senate Leader, Chief Victor Ndoma-Egba, SAN, says the crisis will not in any way affect the leadership of the upper legislative body. He also speaks on the expectations of the people from the Senate and the best way to resolve the PDP crisis. Excerpts:

Arrest War Drummers Now, Mark Tells Security Agents

ABUJA— SENATE President, David Mark, yesterday, directed security agencies to track down those beating the drums of war towards the 2015 general election, saying such actions were treasonable and should be treated seriously.

Reps In Free - For - All As New PDP Visits House

ABUJA – THE crisis ravaging the ruling Peoples Democratic Party (PDP) bared its fangs in the House of Representatives, Tuesday, as members of the old PDP disrupted a scheduled meeting between the leadership of the House and the Alhaji Kawu Baraje-led new PDP (nPDP) and the G-7 governors.

40 Soldiers Feared Dead In B’Haram Ambush

No fewer than 40 soldiers of the Nigerian Army were feared killed in a Boko Haram ambush  in the north of Borno State.

A highly placed military source told our correspondent on  Tuesday that about  65  others were missing as a result of the attack by the Islamic militants.

Investigations revealed that  the insurgents attacked the soldiers   in Kasiya Forests, north of Borno State.

Amaechi’s NGF Calls For Okonjo-Iweala’s Resignation

Members of the Nigerian Governors’ Forum have called on the Minister of Finance, who is also the Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, to resign her appointment if she knew she would not be able to adhere strictly with the Appropriation Act 2013.

They said the non-compliance with the revenue projections of the Federal Government 2013 Budget was also a direct breach of the provisions of the Appropriation Act, 2013.

House Of Representatives Fight As Baraje’s New PDP Visits Tambuwal

ABUJA — THE crisis ravaging the ruling Peoples Democratic Party, PDP, surfaced in the House of Representatives, yesterday, as members of the old PDP disrupted a scheduled meeting between the leadership of the House and the Alhaji Kawu Baraje-led new PDP (nPDP) and the G-7 governors.

No sooner had the Speaker, Aminu Tambuwal  announced that ‘this communication I am going to read concerns only the PDP members”, than a rumpus erupted on the floor of the House.

Nigerians Encourage Corruption – Jonathan

President Goodluck Jonathan  has lamented  that in spite of institutional reforms aimed at fighting corrupt practices, Nigerians, through their actions encourage graft.

He also said both the  public and private sectors were involved in corruption but stated that he would not give out their names “so that  I won’t be attacked.”

‘Eight Hurdles PDP Must Quickly Clear’

LAGOS — A CLEARER picture of what the feuding camps of the ruling Peoples Democratic Party, PDP, discussed at their Sunday’s make-or-mar meeting in Abuja emerged yesterday. To resolve the raging inferno, both camps, Afric-tv24 gathered, identified at least eight thorny issues that must be amicably resolved.

Sovereign Wealth Fund Invests $200m in US bonds

Nigeria’s Sovereign Wealth Fund, SWF, has invested more than $200 million in the United States bond market.

The fund was given by the SWF to UBS, Credit Suisse and Goldman Sachs, to manage a fixed income portfolio.

Nasarawa May Become Next Trouble Spot, APC Warns

The All Progressives Congress has warned that Nasarawa State may become another trouble spot in the country.

The party therefore called on the Federal Government to act fast to prevent the state from becoming another trouble spot in the country, saying the mindless violence being perpetrated by the Ombatse cult/ethnic militia in the state is fast getting out of control.