N450m fraud: EFCC captures Ex-Finance Minister in embarrassing portrait (Photo)

A former Minister of Finance, Ambassador Bashir Yuguda has been explaining to the Economic and Financial Crimes Commission, his connection with the N23b election bribe allegedly distributed by former Minister of Petroleum Resources, Diezani Alison-Madueke.

However, the anti-graft agency may have added to the woes of the ex-Minister and PDP chieftain by capturing a mugshot of him with a board detailing his name and particulars of his alleged offence.

EFCC is investigating Yuguda for allegedly diverting N450m from the election bribe bazaar.

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PPPRA releases petrol pricing template.

See how Petroleum Products Pricing Regulatory Agency, PPPRA arrived at the new price band for petrol.

PPPRA PRODUCT PRICING TEMPLATE (PMS)
Based on 30 Days Moving Average Platts Posted Price for:
10th April – 10th May, 2016

PMS
Naira/Litre
A
Cost Elements:
1
C+F
109.01
2
Lightering Expenses
4.56
3
NPA
0.84
4
NIMASA Charge
0.22
5
Financing
2.51
6
Jetty Thru’ Put Charge
0.60
7
Storage Charge
2.00
8
Landing Cost
119.74
B
Distribution Margins:
1
Retailers
6.00
2
Transporters Allowance (NTA)
3.36
3
Dealers
2.36
4
Bridging Fund
6.20
5
Marine Transport Average (MTA)
0.15
6
Admin Charge
0.30
7
Total Margins
18.37
C
Total Cost
138.11
D
Retail Price Band
135 – 145
Products Pricing Templates

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Scotland commends Buhari for joining Open Gov Partnership (Photo)

At Tackling Corruption Together Summit holding in London, the Commonwealth Secretary-General, Baroness Scotland  commended President Buhari for demonstrating a renewed commitment to tackle corruption & for joining the Open Government Partnership, OGP

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Labour to fight FG over petrol subsidy removal

NLC vows to resist fuel increase http://www.lindaikejisblog.com/2016/05/nlc-vows-to-resist-fuel-increase.html

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From EFCC to Buhari with love (Photo)

Photo: President Buhari is decorated with EFCC lapel pin http://www.lindaikejisblog.com/2016/05/photo-president-buhari-is-decorated.html

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Before you drink that 'pure' water...

See what was written on a pure water bought in Kano today http://www.lindaikejisblog.com/2016/05/see-what-was-written-on-pure-water.html

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EFCC nabs Yuguda over election bribe

N23bn election bribery scam: EFCC detains former minister, Amb. Bashir Yuguda (photos) http://www.lindaikejisblog.com/2016/05/n23bn-election-bribery-scam-efcc.html

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