Author Archives: Chief Oyibo

Shell’s output drops to 120,000 bpd

ANGLO-DUTCH oil major Shell, said yesterday, that the Niger Delta crisis in the South region of Nigeria has severely affected its onshore activities as it is currently operating at 120,000 barrels per day from 300,000 barrels per day before the … read more

Lufthansa to resume flights to Port Harcourt

German airline, Lufthansa, which suspended operations in Port Harcourt, capital of the South South Rivers State of Nigeria, in the wake of security threats in the Niger Delta region, is to resume international flight operations soon from the Port Harcourt … read more

Fuel prices may go up

The prices of petroleum products may go up in Nigeria 1 Nov., the date set for the takeoff of the government’s plan to deregulate the procurement and sale of the products. Weighed down by a two-trillion-naira subsidy in the past … read more

Port Harcourt Residents Protest

Governor Rotimi Amaechi has appealed for calm over the protest that attended the attempt to take action in the demolition of the water fronts when yesterday some residents of Bundu Waterside barricaded the way to their area which resulted in … read more

Opposition pokes fun at PDP over failed primaries

Nigeria’s opposition Action Congress (AC) party has accused the ruling Peoples Democratic Party (PDP) of lacking internal democracy, after the latter handpicked a candidate for the South-east Anambra state’s governorship election in Feb. 2010. The decision to pick former Central … read more

Low rate of Nigeria’s development worries UN

THE United Nations Development Programme (UNDP) has expressed dissatisfaction over the slow rate of development in Nigeria. In the Human Development Report 2009 released in Abuja, UNDP put Nigeria’s life expectancy at birth at 47.7 per cent. Adult literacy rate … read more

Halliburton: Lost In translation

The N27 billion Halliburton bribery scandal is trapped in a language game involving France and Switzerland on the one hand, and Nigeria on the other, leading to a delay in the Nigerian investigation which commenced in April this year. The … read more