A new set of documents (find them below) made available to Premium Times this morning suggest that it was the House Committee on Capital Market that first approached the Securities and Exchange Commission asking for sponsorship for its public hearing scheduled for March 13 - 30.

Going by the stamp of receipt on the document, the House first sent a N39, 844,490 budget estimate to the SEC on February 29. It is however not known what discussions took place between the Committee members and the SEC leadership before the budget was forwarded to the capital market reqgulator that February 29..

A breakdown of the budget shows that N5,605,240 would be spent on advertising the public hearing in five newspapers (Business News, Daily Trust, Punch, Vanguard and Tribune) while N2, 245, 450 would be needed to publicize the event on major electronic media - AIT, Channels and NTA.

For live coverages of the hearing on Channels, AIT and NTA, the budget claimed N26, 203, 800 was needed. N4, 215,000 and N1,575,000 were earmarked for secretariat need and refreshment respectively... Read more and view documents here: http://premiumtimesng.com/news/4314-documents_show_house_first_approached_sec_for_n40million.html

We know.
Hembe has resigned.
What next?

A country ruled by scallywags

I dey laff. You know why? Because I nor fit cry.

We need the military ASAP!
How I wish Nzeogwu's coup had succeeded. . . perhaps, just perhaps. . . Nigeria would have been 50 years more disciplined.
Look at the harlots and P-I-M-P-S calling themselves leaders? The sad part is that the so-called youth are no better. What a shame!