Author Archives: Chief Oyibo

We regret accepting amnesty – Militants

FORMER militants are beginning to doubt the sincerity of the Federal Government over the amnesty which they accepted 30 days ago, as their leaders expressed regret before the Presidential Amnesty Committee led by the Minister of Defence, Major General Godwin … read more

Cash crackdown in banks

Nigeria’s central bank has ordered the country’s banking sector to report suspicious cash transactions from people involved in politics. The move is part of sweeping reforms made by central bank governor Lamido Sanusi to try and stop corruption. Mr Sanusi … read more

Bodies recovered after river tragedy

The death toll from last week’s boat accident on a river bordering Benin and Nigeria has risen to 50, most of them being Beninese primary school pupils, a local Red Cross official said on Monday. Thirty-five other passengers were rescued … read more

Petrol Sells At N150 Per Litre In Abuja

As the Federal Government fails to firm up its position on its proposed deregulation of the petroleum downstream sector, the price of petrol now sells for =N=150/litre on the streets of Abuja. The confusion over government’s position caused petroleum marketers … read more

Over 1 bln dlrs recovered from bad bank debtors

Nigeria’s anti-graft police on Monday said they have recovered more than 171 billion naira (1.1 billion dollars) from bad debtors of banks whose chiefs were recently sacked for maladministration. Femi Babafemi of the Economic and Financial Crime Commission (EFCC) told … read more

Post-Amnesty Anxiety

THE exercise of the surrender of weapons by the Niger Delta freedom fighters or militants, depending on the side of the divide to which one belongs, as part of the amnesty granted to them by President Umaru Yar’Adua has come … read more

Shell helps retrain former oil militants

Royal Dutch Shell on Monday began helping retrain former oil militants in Nigeria responsible for years of attacks on its pipelines, part of efforts to ensure an amnesty programme brings lasting peace. The Anglo-Dutch giant, Nigeria’s longest-standing foreign oil partner, … read more

Panic as PH govt demolishes houses

Human rights groups warn that hundreds of families in Nigeria’s River State may be left homeless today if plans to demolish their homes to make way for a commercial development go ahead. “Panic” has spread in the community. According to … read more