Author Archives: Chief Oyibo

Scramble for oil profits puts reform at risk

(Reuters) – President Umaru Yar’Adua risks undermining Nigeria’s hard-won reputation for fiscal discipline if he fails to keep the country’s cash-hungry state governors from squandering its soaring oil revenues. The world’s eighth biggest oil exporter saves revenues above a benchmark … read more

Death threats over amputation

A Nigerian doctor has told the BBC he is in hiding after receiving death threats for amputating a girl’s arms. Dr Dandyson Allison says he saved 13-year-old Saratu Yusuf’s life after she was run over by a truck in April. … read more

Finally, Gambari quits

The United Nations Under-Secretary-General, Prof. Ibrahim Gambari, has opted out of his appointment as the Steering Committee chairman of the proposed Niger Delta summit. His decision followed opposition by Niger Delta governors, elders and groups to his appointment by the … read more

HIV/AIDS: UK Earmarks �100m for Nigeria

The United Kingdom, through its Department for International Development (DFID) has dedicated one hundred million pounds sterling towards the fight against the Human Immuno-deficiency Virus (HIV) in Nigeria. The fund is to be channeled towards programmes dealing with prevention of … read more

Nigeria seeks to end ‘blood oil’

An international cartel of oil smugglers steals billions of dollars in “blood oil” from Nigeria, trading it for guns, the president has said. Speaking at the G8 summit in Japan, President Umaru Yar’Adua drew comparisons between oil “bunkering” and the … read more

Shell needs $5bn to end gas flaring

The December 2008 deadline for the cessation of gas flaring set by the Federal Government has again taken another blow that may make its realisation unlikely. Shell Petroleum Development Company (SPDC) said weekend it needs an additional $5 billion (N600 … read more

Security Alert in Abuja

For one week now, security in the Federal Capital Territory (FCT), Abuja, has been fortified following threats by the Niger Delta militants to invade the seat of government of Nigeria. Against this background, LEADERSHIP can authoritatively reveal that security agencies … read more

Kidnapped child found in Ghana

Air of relief finally blew on the family of Mr. Folarin Coker, the Deputy Aide to Lagos State Governor, Mr. Babatunde Fashola, as it recovered its kidnapped child after a week of captivity after paying a N50 milion ransom. A … read more

Another N20bn aviation fund missing

THE whereabouts of another $155 million (about N20 billion) in the aviation sector is now a subject of investigation by the Economic and Financial Crimes Commission (EFCC). Indeed, the commission may have concluded plans to question key officers both within … read more