Author Archives: Chief Oyibo

Pains of hostage-taking

Hostage-taking is taking its toll on the political and socio-economic lives of Niger Deltans and oil companies operating in the area. Soji Ajibola writes on a recent kidnap of some indigenes of the Niger Delta. The issue of hostage-taking is … read more

Corruption leaves Nigeria in the dark

Day and night, a mechanical roar shakes Nigeria’s main city and exhaust hangs in the leaden equatorial skies. But it’s not evidence of heavy industry or a mechanized army division advancing on Lagos. With corruption and mismanagement leaving Africa’s oil … read more

SPDC: N/Delta Crisis, Bad Image for Nigeria

The Shell Petroleum Development Corporation (SPDC) said yesterday, that the lingering twin problems of youth restiveness and hostage-taking in Niger Delta was affecting the image of the nation. As a developing nation, the multinational corporation said, there was a compelling … read more

Cultists Unleash Terror In Port Harcourt

The scene could be likened to one from an American gangster movie. But in Port Harcourt, the River State capital, yesterday, it was a stark reality. Unsuspecting commuters were patiently awaiting buses to ferry them to their different destinations, pedestrians … read more

Operators raise alarm on ageing workforce

Oil and gas operators have expressed concern over the ageing of the industry�s workforce, without attendant replacements. The problem, although a global phenomenon, has become more of a challenge to the Nigerian environment, especially as it is estimated that 50 … read more

Nigeria to end bulk of $500m debt

Nigeria has agreed a deal for US investment bank Merrill Lynch to take on most of its $500m (�257m) debt. The money is owed to the London Club, a group of creditor nations. Nigeria’s Finance Minister, Nenadi Usman, said it … read more