GOVERNOR Timipre Sylva of Bayelsa State advocated, yesterday, greater international involvement in the resolution of the Niger Delta crisis, stressing that this could unlock over one million barrels of crude oil currently shut-in and bring down prices. The forum was … read more
The Niger Delta crisis has remained intrac-table because crude oil smugglers are the ones sponsoring militant activities in the region, Vice-President Dr. Goodluck Jonathan said in Abuja yesterday. Speaking at a meeting of the Honorary International Investors Council at the … read more
The Movement for the Survival of the Ogoni People (MOSOP) has denied that community leaders in the restive oil-rich Niger Delta want a peace summit to solve the unrest in the region. This sharply contrasts with a statement released by … read more
Two former Ministers of Aviation, Professor Babalola Borishade and Chief Femi Fani-Kayode, were yesterday arrested by officials of the Economic and Financial Crimes Commission (EFCC) over the controversy trailing the disbursement of the N19.5 billion Aviation Intervention Fund. They were … read more
Nigeria and other leading oil countries have gathered in Madrid, Spain to search for a solution to the unprecedented crude price; which neared $144 per barrel (bp)on Monday, and continues to threaten the world economy. The new price surge came … read more
Nigeria’s oil minister Odein Ajumogobia Monday confirmed reports that the Bonny Light crude oil facility had been attacked over the weekend. “We do not yet know, however, whether there has been any disruption to production from the field,” the minister … read more
SUSPECTED militants yesterday attacked a houseboat owned by Shell in Oloma area of Rivers State, killing two security operatives. Another report said the militants also attacked a flow station belonging to the oil giant in the area. But Shell denied … read more
The northern group, Arewa Consultative Forum (ACF), says that leaders of the Niger Delta should be held responsible for the festering militancy problem in the region. In a communiqu� issued at the end of its national executive council meeting in … read more
The Federal Government has said that it is ready to shut in oil wells and lose revenue if that was what would be required to achieve the 2008 gas flares out deadline The Deputy Director/Head of Gas, Department of Petroleum … read more
Officials in northern Nigeria’s most populuous state have said they are worried by a sharp rise in the number of cases of the paralysing disease poliomyelitis. “In the last six months we have recorded 90 polio cases which is a … read more