Author Archives: Chief Oyibo

“Hostages Safe”

Two Filipino oil workers abducted on Tuesday in southern Nigeria are safe and authorities are trying to establish contact with them or their kidnappers, officials said on Saturday. Six gunmen in a speedboat seized the two men in Port Harcourt, … read more

Kidnappers free Filipino oil workers

(Reuters) – Nigerian kidnappers freed two Filipino oil workers on Sunday, five days after seizing them in the southern Niger Delta where a six-month wave of abductions and attacks has crippled Africa’s biggest oil industry. Spokesmen for Rivers state, where … read more

Attack on Naval Base NNS Pathfinder

NNS Pathfinder Base, located at Rumuolumeni Port Harcourt was attacked night of June 22 2006 by the suspected Niger Delta militants. Two naval men are reported missing while some cash were removed from the Navy office by the militants. The … read more

Security Report – Week 24

GENERAL. Nigeria loses 800,000-Bpd Output. On the 12th of June 2006 it was reported that the attacks on oil personnel and facilities by militants in the Niger Delta had caused 800,000 barrels per day (bpd) to be shut in. Shell … read more

At least 6 killed in clashes in SE

At least six people were killed in southeastern Nigeria as a feud between a separatist group and a transport union degenerated into street battles, residents said on Saturday. One witness said men armed with guns and machetes boarded a bus, … read more

NITEL Workers Suspend Strike

Striking workers of the Nigerian Telecommuni-cations Limited (NITEL) yesterday suspended their two-week old industrial action just as the Nigeria Labour Congress (NLC) called on the telecom company�s management to apologise to the leadership of the striking workers. The workers had … read more

Census results may be delayed

AS Nigerians await the outcome of 2006 Federal Population and Housing Census, the Chairman, National Population Commission (NPC), Samaila Makama, yesterday hinted at another possible delay in the release of the results earlier postponed to October from June. He made … read more

Rivers, Agip Sign Gas Purchase Agreement

Rivers State government, on Wednesday, moved to douse skepticism over its independent power plant (IPP) project by signing a gas sales agreement with the Nigeria Agip Oil Company Limited (NAOC). The state governor, Dr Peter Odili, signed the agreement on … read more

Nigerians told to accept transfer

Nigeria’s president has gone on national television and radio to reassure residents of an oil-rich peninsula being handed to Cameroon. President Olusegun Obasanjo told residents of the Bakassi peninsula their safety would be guaranteed even when Nigerian troops leave this … read more

FROM THE ECONOMIST INTELLIGENCE UNIT

Nigeria is an insecure environment for commercial operations. Security risk arises on three levels. The first comes from the high level of violent crime. This can be simple armed robbery (especially of mobile phones), but can also involve car jacking … read more