Author Archives: Chief Oyibo

Militants threaten violence if attacked

Nigeria’s most prominent militant group threatened on Monday to end a unilateral ceasefire and renew attacks against the oil sector in the delta if the military attacks its camps. The Movement for the Emancipation of the Niger Delta (MEND) said … read more

JTF Repels Attack on Soku

Joint Military Task Force in Rivers State spared the country what would have been the biggest loss in the oil and gas sector yesterday, when it repelled an attack on Soku, the country’s oil and gas nerve-centre, by unidentified militants, … read more

Leadership Apologises to Yar’Adua over Report

The Leadership Weekend has apologised to President Umaru Musa Yar’Adua and members of his family for the report published by the newspaper weekend. The newspaper had in its Saturday publication with the headline “Yar’Adua Sick Again” reported that the President … read more

Govt okays N55b for fuel subsidy

THE Federal Government has released the sum of N54.6 billion for fuel subsidy. The Minister of State for Finance, Mr. Remi Babalola, yesterday disclosed in Abuja in a chat with reporters that the amount represents the outstanding petroleum subsidy payment … read more

Refineries 30 Years Obsolete, Says NNPC

Refineries in the country are at least 30 years behind modern techno-logy, the NNPC indicated yes-terday in Kaduna. Dr Levi Ajuonuma, Group General Manager, Group Public Affairs Division of NNPC who made this known yesterday in Kaduna said: “The control … read more