...towards a better life for the people VOL. 25: NO. 63034
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N200
TUESDAY, MAY 24, 2016
HERDSMEN'S ATTACKS:
Court remands Fayose bans Fani-Kayode in EFCC open grazing in custody for 21 days
Ekiti
ONLINE | www.vanguardngr.com
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I'm not on exile, says Jonathan •P.44
NNPC, oil firms fleeced Nigeria of $4.4bn— NEITI •Shell, Total, Mobil fingered in under-payments •Nigeria earned $58bn from oil, gas in 2013 •Under-payments not true —NNPC/NAPIMS •Un-reconciled figures narrowed to less than 1%
By Clara Nwachukwu & Michael Eboh
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BUJA— THE Nigerian Extractive Industries Transparency Initiative (NEITI), yesterday, accused the Nigerian National Petroleum Corporation, NNPC, and other oil and gas companies of shortchanging the country and failing to remit $4.4 billion and N358.3 billion to the Federation Account in 2013. This comes as Lagosbased indigenous chartered accounting firm, SIAO Partners, had been Continues on Page 5
Okonjo-Iweala to appeal judgement on alleged N30trn missing money •P.9 COMMISSIONING: From left, Lagos State Deputy Governor, Dr Idiat Oluranti Adebule; Governor Akinwunmi Ambode of Lagos State; Minister of Power, Works and Housing, Mr Babatunde Fashola; Vice President Yemi Osinbajo and Governor Abubakar Bagudu of Kebbi State during the commissioning of Lagos State Emergency Management Agency (LASEMA) rescue equipment, at Oshodi, Lagos, yesterday. Photo: Bunmi Azeez. STORY ON PAGE 6.
Why govs are still opposed to TSA — OKOWA •P.12 COLUMNIST : We’ll resist oil exploration in Ogoni after clean-up Buhari's presidency: —Rivers monarch, Vibrant support and activist agonising regret•P.17 See Inside C M Y K
ALLEGED N3.9BN FRAUD:
How Badeh bought Fayose's land for •P.44 N650m
Mr & Mrs