Showing posts with label cost. Show all posts
Showing posts with label cost. Show all posts

Friday, July 4, 2014

Cost of governance and part-time legislature

Public suspicion that the non-sovereign nature of the National Conference convened by President Goodluck Jonathan could end up as a mere talk shop, whose recommendations could be stifled or frustrated by the National Assembly (NASS) if not put to a referendum and made part of the nation’s Constitution, appears to be at the verge of becoming a reality. The wrath pouring from the recesses of some members of the NASS following the adoption by the National Conference on Wednesday June 4, of a recommendation put forward by its committee on public service that lawmakers at national and state levels should work on part-time basis, suggests that much.

Thursday, October 17, 2013

Aviation Minister Admits She Bought Two BMW Cars That Cost $1.6 Million

Nigeria’s Aviation Minister Stella Oduah has admitted that she used the funds of the Nigerian Civil Aviation Authority (NCAA) to buy two BMW armored cars for her personal use, according to an official ministry response published by The Punch, Nigeria’s leading newspaper.

The paper’s report is carried in its October 17, 2013 edition and titled, “Ministry confirms purchase of N255m vehicles for Oduah”. The story, reported for Punch by Udeme Ekwere, stated, “The Ministry of Aviation has confirmed that the Nigerian Civil Aviation Authority bought two bulletproof vehicles worth $1.6m (N255m) for the Minister of Aviation, Ms. Stella Oduah.
Continue after the break.

Monday, September 9, 2013

The Opportunity Cost Of Tompolo’s Private Jet – By Kikiowo Ileowo

For those who haven’t heard, 43 year old ex-militant, High Chief Government Oweizide Ekpemupolo (aka Tompolo) on Monday 26th August 2013 received his Bombardier SE60 LearJet. The Jet according to aviation sources cost a whopping sum of $13.3 million (N2.12 billion).

The aim of this article is not to rubbish the person of Tompolo, [what is there to rubbish anyway] but to address inter alia; the scenarios that continue to play out in favour of his ilk, institutions and systems that perpetually endeavour to make his likes overnight celebrities. I would also analyse the opportunity cost of his latest toy.
Continue after the break

Thursday, March 21, 2013

Ojukwu’s property: Court rejects Bianca’s demand for cost

A Lagos High Court judge, Justice Funmilayo Atilade, yesterday refused a request made by Bianca Odumegwu- Ojukwu, the widow of the late Ikemba of Nnewi, Chukwuemeka Odimegwu- Ojukwu, asking the court to award cost against one of the defendants, Mrs. Massey Udegbe (doing business under the name of Massey & Company.)
Bianca had in the suit, filed on behalf of her two under-aged children, Afamefuna and Nwachukwu (claimants), wants the court to declare that her children are entitled to the possession and occupation of the property known as No 29, Oyinkan Abayomi Street, Ikoyi Lagos, until the harmonisation of the management and administration of the assets of the first defendant.


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