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Fed Govt Slightly Reverse The Price of PMS

Queue at the filing station  The President,  Petroleum Products Retailers Owners of Nigeria( PETROAN), Dr Billy Gills Harry, says the reduction of the product, by the Nigerian National Petroleum Company Limited( NNPCL) is good for the nation'struggling economy, as it would help in soften the difficult situations posed by the sharp rise in the price of petroleum products. While reacting to the issue through a statement issued and signed to the NEWSMIRROR yesterday, Harry said that the slight reversal of the price by NNPCL shows that the government is committed to the alleviation of the problems of the masses. According to him, the reduction in the price per litre of Petrol Motoring Spirit( PMS) from N1,020 per litre to N899 per litre is good, adding that the country will soon get over its problem, if the readjustment of the economy continues. Also, PETROAN's Public Relation Officer, Dr  Joseph Obele said that Dangote Petroleum Refinery had earlier started the r...
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EFFC arrests Idris, nation's Accountant General over money laundering issues

By Akinola Ajibade

The Economic and Financial Crimes Commission ( EFFC) has arrested the  Accountant-General of the Federation, Mr Ahmed Idris in connection with money laundering and diversion of public funds.

The anti-graft agency's boss is believed to have been arrested in Kano and thereafter flown to Abuja, the nation's capital for interrogation.

EFFC's spokesman, Mr Uwujaren confirmed the arrest in a statement that the Operatives of EFCC has on Monday ( May 16th this year,  arrested a  serving Accountant-General of the Federation, Mr Ahmed Idris over diversion of funds and money laundering activities to the tune of N80billion.

The revealation was subsequent to what a top official of the Commission told the News Mirror in confidence about the issue.

Prior to this period, EFFC in a report,  has for sometime now been investigating a case of diversion of at least N80 billion in public funds which was allegedly laundered through some bogus contracts.

The funds were allegedly laundered through real estate investments in Kano and Abuja respectively.

The report said that the companies used in laundering the funds have been linked  to family members and associates of the accountant-general. 

Idris, the report noted  was summoned repeatedly by the EFCC for interrogation but he failed to honour the invitations.

“We kept inviting him but he kept dodging us,” one of our sources said. “We were left with no choice than to keep him under watch and arrest him.” the report added.

Recall that President Muhammed Buhari appointed Mr Idris accountant-general on June 25, 2015.

The position became vacant at the time after the former Accountant General, Jonah Otunla, left office on June 12, 2015.

President Buhari reappointed Mr Idris for a second four-year term in June 2019, amid criticisms from labour groups who said the accountant-general should retire after turning 60.

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