Author Archives: Chief Oyibo

I have been mourning my friend and colleague of 48 years, Peter Ajayi, since his demise about five weeks ago but I still cannot get over the fact that I will not see his smiling face again. Peter was such … read more

Aero Contractors, one of the oldest airlines in the country, on Thursday announced plans to launch onboard sales catering services on all its domestic destinations, while suspending its regular free distribution of snacks to passengers. The product, Sky Snax, which … read more

Former consultant for Willbros International Inc. (WII), a subsidiary of Houston-based Willbros Group Inc. (Willbros), Paul G. Novak, yesterday admitted to engaging in a conspiracy to pay more than $6 million in bribes to Nigerian government officials as well as … read more

Militant leaders say government rehabilitation camps being set up to receive thousands of disarmed fighters are not ready to process them. They had been due to report on Wednesday, as part of an amnesty deal under which they gave up … read more

Investment in the downstream sector, particularly in refinery projects, is now the condition for issuance and renewal of concessions and oil licences to International Oil Companies (IOCs) in Nigeria. Director of the Directorate of Petroleum Resources (DPR), Mr. Billy Agha, … read more

REPENTANT militants in the Niger-Delta have turned down the directive by the Presidential Panel on Amnesty and Disarmament of Militants to report to camp for rehabilitation latest yesterday, saying the rehabilitation plan in its entirety was not clear to them. … read more

THE Federal Government, on the second day of its meeting with leaders of the Nigeria Labour Congress, NLC, yesterday, admitted that its planned deregulation of the downstream sub-sector of the petroleum industry will lead to an increase in the pump … read more

Nigeria will receive a $300 million loan from the World Bank to help develop its dilapidated power sector, a major hinderance to economic growth in Africa’s most populous nation, a government official said on Wednesday. Nigeria’s Federal Executive Council gave … read more

Oil companies operating in Nigeria won’t be allowed to flare gas from the end of this year, said Nigerian Minister of State for Foreign Affairs Bagudu Hirse. The West African nation needs the gas to meet demand for power generation … read more

At least 800 barrels of oil is oozing unfettered daily in Odidi, an area in the western Delta region. This has been going on for over two months and the spill is causing massive pollution in the area. The spillage … read more