Should petroleum products� marketers have their way, the price of petrol will go up to between N73 and N75 per litre in the near future unless the refineries are turned around in good time and the old practice of pumping … read more
Barely a month after the Supreme Court sacked him from office, the immediate past Governor of Rivers State, Sir Celestine Omehia, has said that he left N28bn in the treasury. Omehia stated this during an interview with journalists after delivering … read more
THE biggest oil producing company in Nigeria, Royal Dutch Shell, is said to be considering selling $900 million (about N120 billion) worth of interest in Nigerian offshore blocks, OML 125 and OML 134, as it restructures its business in Nigeria … read more
The Senate on Wednesday condemned the frequent cancellation and disruption of flights by airlines operating in Nigeria without adequate compensation to passengers. The condemnation followed a motion titled, Frequent Cancellation of Scheduled Flights by Airlines in Nigeria moved by the … read more
PRESIDENT Umaru Yar�Adua, yesterday, explained that the delay in convening the Niger Delta summit was to ensure it (summit) would produce concrete results. The Special Adviser to the President on Communications, Mr Segun Adeniyi, told State House correspondents at an … read more
Following incessant violence and the restive situation currently in Kano State, the military have been drafted to take over security of the state, as four days after the election, more cases of violence and attacks are being reported from across … read more
Crisis has rocked the Delta State House of Assembly, as the House went on forced adjournment in order to safe the jobs of its nine principal officers. Some members of the House had demanded the immediate resignation of the oficcers … read more
AP) — Nigeria formally announced Monday that it will not host the U.S. military’s new Africa-wide command, taking Africa’s most-populous nation and a top source of American oil imports out of contention. Nigerian leaders have been vocal critics of the … read more
Sorry, Nigerians, we will continue to embark on massive importation petroleum products in the foreseeable future. That was the message from the Minister of State for Petroleum, Mr. Odein Ajumogobia (SAN), yesterday. A combination of factors ranging from �underestimation of … read more
Rivers State Governor, Rotimi Chibuike Amaechi, yesterday announced that his administration will sell one of the private jets purchased by former Governor Peter Odili and use the proceed on a project that will benefit the people. He said he will … read more