The Federal Government�s aspiration to achieve 70 per cent local content in the oil and gas sector by 2010 may not be feasible, following alleged poor compliance with the guidelines governing the Local Content policy by most International Oil Companies … read more
Senator David Dafinone, Alhaji Asari Dokubo and other leaders have called for the establishment of a Niger Delta Reconstruction and Development Bank, to act as custodian of funds accruing to the communities from royalties. They also called for greater involvement … read more
The United States of America may have resolved to freeze assets belonging to the embattled former governor of Delta State, Chief James Ibori. A report by the online-based Saharareporters.com quoted a US government source as saying that the National Security … read more
Africa Medical Association (AFMA) admitted at the weekend in Abuja that it has failed in the prevention and control of the dreaded HIV/AIDS disease. It, however, said that behavioural change on the part of men folk remains the best antidote … read more
Nigeria�s feared rebel group, Movement for the Emancipation of the Niger Delta (MEND), said it played a decisive role in Nigeria�s failure to win the bid to host the 2014 Commonwealth Games. In a three paragraph email sent to The … read more
Five former governors may have given the Economic and Financial Crimes Commission undertakings to return more than N50bn looted public funds within the next two weeks. A top source in the EFCC told our correspondent that they risked arraignment before … read more
Legal luminaries have disagreed over the tenure of the Governor of Rivers State Rotimi Amaechi and that of his deputy, Mr. Tele Ikuru. Amaechi was sworn in on October 25, 2007 following a Supreme Court verdict annulling the election of … read more
VICE President Goodluck Jonathan yesterday stressed the need for a review of the 1999 Constitution, which he described as inadequate and in need of amendment if it is to accommodate current developments in the nation’s life. The Vice President also … read more
The Nigerian federal government filed a suit in the High Court of Abuja on Tuesday against tobacco companies British-American Tobacco, Philip Morris International, and International Tobacco Ltd., seeking US$42.4 billion in reparations for damage they have caused to Nigerians’ health. … read more
United States lawyers on both sides of the $6 million Willbros scandal, said to involve Nigerian officials, could not agree on naming the Nigerian officials involved, Empowered Newswire reports. US Justice Department officials have also refused to identify the said … read more