The Chairman of the Economic and Financial Crime Commission (EFCC), Chief Farida Waziri, has set up a committee to look into money laundering cases involving former governors. Farida disclosed this yesterday when she received members of the Coalition for Democracy … read more
A trial run of traffic diversion from the Third Mainland Bridge to some other routes in Lagos will be carried out next Saturday, ahead of the partial closure of the bridge, which is currently undergoing rehabilitation. The bridge is to … read more
THAT money was paid is no longer in contention. But the purpose for which it was paid and to whom are now the subject of debate. While NNPC has admitted that money was paid but only to secure a pipeline … read more
IN Nigeria and the United States (U.S.), the Niger Delta crisis has continued to attract the attention of the two countries’ leaders. Yesterday, the House of Representatives passed a motion to hold a public hearing on the crisis in the … read more
Suspected militants, who kidnapped two expatriate workers of Julius Berger at Rumuji, Rivers state, have reportedly demanded for N32m ransom before granting freedom to the kidnapped expatriates, Niger Delta STANDARD has gathered. A source reliably informed that the road construction … read more
More than a dozen gunmen in speedboats kidnapped two oil engineers, one from the Philippines and one Nigerian, in the main oil industry city of Port Harcourt on Friday, security sources said. The men were working for Damas Oil and … read more
Barely 24 hours after its Group Managing Director, Abubakar Yar’Adua, told the House of Representives Committee that the corporation paid $6 million to militants in order to gain access to the damaged Chanomi oil pipeline in Delta State to effect … read more
(Reuters) – A militant faction in Nigeria’s Niger Delta has threatened to start shutting down oil and gas production on the strategic Bonny Island unless the army pulls out and its demands for development are taken seriously. Covered in magic … read more
The Minister of State for Petroleum, Mr. Odein Ajumogobia, on Wednesday admitted the country�s oil wealth was being mismanaged because of lapses and wastes in the system. He made this view known at the commencement of the public sitting by … read more
Nigeria’s House of Representatives is beginning an investigation into the country’s oil industry. Gilbert da Costa in Abuja reports for VOA that top industry officials are scheduled to testify before a special parliamentary panel at a public hearing. Nigeria’s oil … read more