The Nation May 23 2011

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Nigeria’s truly national newspaper

Anxiety over ministerial list

NEWS

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Global Fleet acquires Oceanic Bank Sao Tome

•President gets ministers’ score cards •Jimoh Ibrahim: we ‘ll turn it around

BUSINESS

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http://www.thenationonlineng.net

TR UTH IN DEFENCE OF FREEDOM TRUTH

VOL. 6, NO. 1768 MONDAY, MAY 23, 2011

MAY 29

N150.00

•President Goodluck Jonathan is set to take a fresh oath of office on Sunday. Before then, he will dismantle the cabinet. How have his ministers fared? Some governors will also take a bow; others will get a new tenure. What scorecard for these helmsmen? PAGES 7,13&14

•CHAMPIONS! Manchester United players celebrate with the English Premier League trophy after their match against Blackpool at Old Trafford in Manchester, north west England ... yesterday. United celebrated winning the league for a 19th time, beating Liverpool’s long standing record. PHOTO: AFP

Alleged N8.2b fraud: 11 Oyo officials face probe ICPC invites commissioners

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LEVEN Oyo State Commissioners are under probe for alleged mismanagement of about N8.2billion. The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has invited the commissioners for interrogation. Also invited to Abuja by the anti-graft agency are all the accountants and audi-

From Yusuf Alli, Abuja

tors of all the ministries in the outgoing Governor Adebayo Alao-Akala administration. Commissioner for Environment Mr. Mukaila Aborode has demanded from the commission’s “a defined focus” of investigation. The invitation of the commissioners followed the receipt of five petitions against the administration. In the pe-

Our N10b loan trouble, by Rep A

titions are allegations of diversion of local government funds, mismanagement of Excess Crude Funds and award of contracts. ICPC operatives have been in Ibadan since last Tuesday to see the officials. Some of those invited are commissioners for Finance, Works, Health, Agriculture, Education, Local GovernContinued on page 2

From Bisi Oladele, Ibadan

N insight into how the House of Representatives found itself in a N10 billion loan mess was given at the weekend by its Appropriation Committee Chairman, Mr. Ayo Adeseun. The House has been boiling since the news broke that its leadership obtained a N10 billion loan from a bank as a result of which members’ final entitlements are unpaid. •Speaker Bankole

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•POLITICS P13 •SPORTS P23 •CITYBEATS P25 •JOBS P43 •MOTORING P53


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