Author Archives: Chief Oyibo

Ribadu’s dismissal case begins Tuesday

The former chairman of the Economic and Financial Crimes Commission, Mallam Nuhu Ribadu, will commence his legal challenge against his dismissal from the Nigeria Police on Tuesday at the Federal High Court, Abuja. In the case, Ribadu is suing the … read more

Low fuel prices doubtful

Before the slump of oil prices, the Federal Government was already contemplating removing petrol subsidy. The Minister of State for Petroleum, Mr. Odein Ajumogobia, had engaged labour and other stakeholders with a view to convincing them on the need for … read more

PHCN to Probe Cause of Fire Incident

The Eko Distribution Zone of the Power Holding Company of Nigeria (PHCN) in Lagos has commenced investigation into the cause of the fire outbreak which occurred in the company on Monday. To this end, officials of the Safety Department of … read more

Fire Guts PHCN Marina Office

The sixth floor offices of the zonal headquarters of the Power Holding Company of Nigeria (PHCN) in Marina, Lagos, which house the welfare as well as the archives departments of the company were yesterday gutted. Eyewitnesses account at the scene … read more

President replaces head of NNPC

President Umaru Yar’Adua, on Tuesday, appointed Alhaji Mohammed Barkindo as the new Group Managing Director, Nigerian National Petroleum Corporation, signaling the end of Alhaji Abubakar Yar’Adua’s tenure as the head of the corporation. Also relieved of her appointment was the … read more

MEND commander, ‘Boy Chiki,’ killed

A field Commander of the Movement for the Emancipation of the Niger Delta, Mr. Tubotamuno Angolia, also known as ‘Boy Chiki,’ was on Tuesday killed in Bakana, Rivers State. The militant leader was said to have been felled by bullets … read more

Gunmen Kill 2 Soldiers

Two Nigerian soldiers guarding oil facilities in Bomadi area of Delta State were killed when unknown gunmen suspected to be Niger Delta militants attacked their positions, a military Joint Task Force (JTF) spokesman, said yesterday. Also, unknown gunmen numbering about … read more

CBN Meets Banks as Naira Crashes Again

There appears to be no reprieve for the Nigerian currency, the naira, as it continued its free fall yesterday, losing N3.80 to close at N150 against the United States dollar at the Central Bank of Nigeria Foreign Exchange Intervention Window. … read more

Ribadu’s Dismissal Is Final

Police Affairs Minister, Dr Ibrahim Lame on Monday said the dismissal of former Chairman of the Economic and Financial Crime Commission (EFCC), Mallam Nuhu Ribadu from the Nigeria Police Force was final and can not be revisited. Lame told newsmen … read more