S.J News• [Dec 19, 2012]

S.J News• [Dec 19, 2012]• http://sjnewss.blogspot.com/ PenCom: FG names most senior official, Mrs Chinelo Anohu-Amazu, as Acting DG of National Pension Commission following tenure expiration of Chairman & Board executives on December 16. Impersonation: Man sentenced to 2yrs imprisonment by Abuja High Court for fraud & parading self as EFCC senior crime officer. Budget of Development & Growth Effectiveness: Gov Gabriel Suswam (Benue) presents ₦130.9 budget to State House of Assembly for 2013 fiscal year; ₦68.5bn capital & ₦67.5bn recurrent expenditure. NNPC: National Assembly Joint Committee on Petroleum (Downstream) queries Nigerian National Petroleum Corporation's ₦48bn excess expenditure in 2012 operations. Motorcyles Ban: Godwin Ogenyi (State Commissioner for Poverty Reduction) arrested by police on orders of Enugu State House of Assembly for failure to honour invitation. Electricity: Power hits all-time high generation of 4,349.7MW -Beks Dagogo-Jack (Chairman, Presidential Task Force on Power). Harmonised Benchmark: National Assembly adopts $79 per barrel as recommended oil benchmark for 2013-2015 Medium Term Expenditure Framework (MTEF) & Fiscal Strategy Paper. Fund Manager or Ponzi Scheme?: Securities & Exchange Commission (SEC) shuts down Avenues to Wealth Ltd office in Ikeja, Lagos state over complaints of fraud from investors -SEC.