subsidy fraud

Greek Economy Minister, Dimitri Papadimitriou, has resigned, the office of Prime Minister Alexis Tsipras said on Tuesday.Papadimitrou stepped down over a scandal that forced his wife, Rania Antonopoulou, to quit as deputy labour…

A non-governmental organization based in Switzerland, the Berne Declaration has indicted two major Oil traders, of Swiss origin of being involved in subsidy fraud within Nigeria to the tune of $6.8 billion.The Berne Declaration said in…

There is a disconcert among international oil trading companies concerning the way the NNPC is handling allocations to import/supply refined products to the biggest consuming market in sub-Saharan Africa.A Swiss NGO  called The Berne…

Minister of Finance, Dr Ngozi Okonjo-Iweala told journalists yesterday that her mother was kidnapped and kept five days without food or water because she refused to pay subsidy cash and blocked payment to certain components of the SURE-P…

Indications are pointing to the fact that the Federal Government has shelved its plans to build three new refineries, eleven months after it announced plans to do so.This is said to be due to the unresolved issue of the deregulation of…

Another member of President Jonathan's cabinet has been found wanting as regards the epidemic of subsidy fraud in the country.Pinnacle Contractors Limited, owned by Minister of Labour and Productivity, Chief a\Emeka Wogu was paid N2.7…