Author Archives: Chief Oyibo

N19.5b revival pill for power plants

A 19.577 billion package for revival of power plants has been approved by the Federal Government. The package is expected to boost power supply by about 1,500 megawatts. The Minister of State for Energy (Power), Mrs Fatima Ibrahim, who broke … read more

2 more ex-govs face trial

The Economic and Financial Crimes Commission (EFCC) is set to increase the number of former governors in court over corruption charges to thirteen, as investigators, last week, forwarded the case files of two former governors to the chairman, Mrs Farida … read more

NNPC may use refineries as collateral

The Nigerian National Petroleum Corporation may consider using the nation‘s refineries as collateral to secure bank loans after the reforms enunciated by the Oil and Gas Reforms Implementation Committee takes effect. The Group Managing Director, Nigerian National Petroleum Corporation, Alhalji … read more