Author Archives: Chief Oyibo

Court Grants Okah Three Weeks Bail

The Federal High Court sitting in Jos yesterday granted the leader of the Movement for the Emancipation of Niger Delta (MEND), Mr. Henry Okah, three weeks to enable him undergo comprehensive medical treatment. The court said Okah has to be … read more

N761m juju scam: Native doctor gets bail

A Federal High Court, Abuja, has granted bail to Matthew Sonoma, the native doctor who allegedly defrauded former chairman of the Niger Delta Development Commission (NDD), Sam Edem of N761 million. Justice G. Kolawole granted Sonoma (a.k.a Perekabowei Ogah), bail … read more

Nigeria cuts oil export

CONSEQUENT upon a recent production cut announced by the Organisation of Petroleum Exporting Countries (OPEC), Nigeria has cut back 12 crude oil cargoes in its November and December lifting programmes. The cut would reduce the country’s crude output by 5 … read more

Why 20 ministers were sacked

Facts emerged yesterday why majority of the 20 ministers were relieved of their duties on Wednesday by President Umaru Yar’Adua. Top presidency and Peoples Democratic Party (PDP) sources said yesterday that most of the ministers would have been sacked before … read more

Yar’Adua Sacks 20 Ministers

There was no inkling that something like that was in the offing yesterday: the list of ministers to be dropped from President Umaru Musa Yar’Adua’s cabinet, which Nigerians had waited for in the past five months. But when the list … read more

Govt suspends $8.3b Lagos-Kano rail project

THE Senate Committee on Land Transport was told on Tuesday, in Lagos, that the executive arm of government has suspended the $8.3 billion Lagos-Kano rail modernisation project. Former President Olusegun Obasanjo awarded the contract to China Civil Engineering Construction Company … read more

NITEL Begins Repair Of Cables

Management of the Nigeria Telecommunications Limited (NITEL) said it has begun the repair of its South Atlantic Terminal III (SAT-3) cable that was damaged on October 15. The company, in a statement issued in Abuja on Wednesday said it has … read more

Bode George, others re-arraigned

The Economic and Financial Crimes Commission (EFCC) yesterday, withdrew the 163-count charge brought against former Chairman, Nigerian Ports Authority (NPA), Chief Olabode George, and five others bordering on alleged disobedience to lawful order, abuse of office and illegal award of … read more

Banks facilitate money laundering – EFCC

The Economic and Financial Crimes Commission (EFCC) on Tuesday accused banks of facilitating money laundering crime in the country as well as hoarding information on financial crimes. The EFCC also said it was launching an all-inclusive probe into the banking … read more