S.J News• [July 16, 2013]

S.J News• [July 16, 2013]• http://sjnewss.blogspot.com/ FAAC: Federation Accounts Allocation Committee distributes ₦718.10bn among 3 tiers of government for the month of June; 620.56bn shared in May -Dr Yerima Ngama (Minister of State for Finance). APGA: Court of Appeal, Enugu reinstates Victor Umeh as National Chairman of All Progressives Grand Alliance (APGA); Ousted by Enugu High Court on February 8, 2013. NDLEA: Over ₦93.1bn seized from drug traffickers transferred to the Economic & Financial Crimes Commission (EFCC) since 2006 -Ahmadu Giade (Chairman, National Drug Law Enforcement Agency). ₦47.1bn: High Court, Ikeja dismisses application filed by Erastus Akingbola (fmr MD, Intercontinental Bank) seeking to quash alleged ₦47.1bn theft charge preferred against him by EFCC. FDI: Nigeria records $7bn worth of Foreign Direct Investments in 2012; Biggest beneficiary of FDI in Africa -United Nations Conference on Trade and Development (UNCTAD). Brandished Mace: Gov Rotimi Amaechi (Rivers) inaugurates 9-man commission of inquiry on Rivers State House of Assembly crisis; Justice Biobele Georgewill as Chairman; Report to be submitted on or before October 15.