Author Archives: Chief Oyibo

Fuel scarcity looms nationwide

NATIONAL Union of Petroleum and Natural Gas Workers (NUPENG) and Nigeria Road Transport Owners (NARTO), tanker owners, today begin an indefinite strike to protest the deplorable condition of the nation�s public highways including access roads to the refineries and soaring … read more

Soldiers launch attacks on militants

OIL-rich Egbema kingdom in Warri North Local Government Area of Delta State was turned into a theatre of war in the early hours of Sunday as soldiers attacked militants� camps in the area. Heavily armed soldiers attached to the Joint … read more

MEND deny attack on Navy vessel

(AP) _ Assailants attacked a Nigerian navy vessel Monday in the country’s restive southern oil region, leaving one sailor dead and several wounded, officials said. � The boat was providing security for oil companies when it was boarded by unknown … read more

Ajumogobia: Why OPEC Favours High Crude Prices

Minister of State, Energy (Petrol), Mr. Odein Ajumogobia, yesterday said the rising crude prices was in consonance with the �huge� investments members of Organisation of Petroleum Exporting Countries (OPEC) were making in the industry to ensure new output capacity. The … read more

UN Releases Gambari For Niger Delta Summit

NIGERIA’S request for the release of Professor Ibrahim A. Gambari to chair the Steering Committee on the Niger Delta crisis has been approved by the United Nations (UN), which would oversee the much-expected summit. President Umaru Musa Yar’Adua is said … read more

Why Ateke May Shun Amaechi�s Panel

The leader of the Niger Delta Vigilante Group, Ateke Tom, may not testify in camera in the on-going public hearing; describing the utterances of Governor Chibuike Amaechi on Monday as lacking sincerity and commitment to the peace process. Ateke Tom, … read more

FG to Hike Petrol Price

The Federal Government yesterday disclosed that the current pump price of petrol would be adjusted upwards with effect from January 1, 2009. However, it said the modalities of what will be the new price regime would be worked out by … read more