Author Archives: Chief Oyibo

China confirms nine workers missing

Nine Chinese oil workers are missing after an armed attack on their company in south Nigeria, China’s foreign ministry confirmed “On Jan 25, a Chinese petrochemical company in south Nigeria was attacked by unidentified armed men. Nine Chinese staff went … read more

New firm takes over Peugeot in Nigeria

Nigeria has formally handed over a 54.87 stake it held with France in Peugeot Automobile of Nigeria (PAN) to the firm’s new core investor, under a privatisation programme, an official said. . Nigeria divested 24.87 percent of its equity in … read more

VP challenges sacking

Nigeria’s Supreme Court has ordered a lower court to hear a suit by vice-president Atiku Abubakar that seeks to restrain the president from sacking him for joining an opposition party, said court officials on Friday. Abubakar had approached the Court … read more

Army Reassures on Security

Ahead of the 2007 general elections, the Chief of Army Staff, (COAS) Lt. General Andrew Azazi, has reminded army personnel that they have a responsibility to ensure the internal security of the country during the polls so that nothing untoward … read more

Aviation: Full Radar Coverage of Lagos, Abuja

The Nigerian aviation industry recorded a major milestone yesterday as the country witnessed the first 24-hour full radar coverage of Lagos and Abuja. Announcing this yesterday, Minister of State (Air Transpor-tation), Ministry of Transpor-tation, Chief Femi Fani-Kayode, stated that the … read more

Fuel queues to stay till May

THE current acute fuel scarcity in the country may not cease until May this year despite the resort of the Nigerian National Petroleum Corporation (NNPC) to 100 per cent importation. The NNPC, in a newspaper advertisement on Thursday, explained that … read more

U.S. warns citizens against travel

EXACTLY six months after the United States (U.S.) cautioned its citizens aganst travelling to Nigeria, it issued another warning yesterday. The United States Department of State, Bureau of Consular Affairs, Washington, DC gave reasons for re-issuing t he travel warning. … read more

Nigeria has hopes for new port

Nigeria is planning the construction of a new $25 billion deep-water port in the restive and oil-rich Niger Delta, hoping the new facility will entice foreign oil interests to stay in the region despite escalating violence and potential political upheaval. … read more