Author Archives: Chief Oyibo

President’s New Helicopter

THE Presidency is to take delivery, next week, of a new helicopter, the latest addition to the presidential fleet. The helicopter cost N2.561.991,487, or 13.16 per cent of the State House’s N19.457 billion appropriation in the 2006 budget. Stephen Oronsaye, … read more

UK Insists on Credible Polls

The United Kingdom yesterday emphasised the need for a successful transition to a new civilian administration in 2007, adding that the process must be based on transparent, free and fair elections. The country�s High Commissioner to Nigeria, Sir Richard Gozney, … read more

Oil prices settle at one-year low

Oil prices fell 4% on Thursday to their lowest point since November last year as traders grappled with conflicting market trends. US light, sweet crude sank $2.50 to $56.26 a barrel, while Brent crude lost $3.07 cents to $58.54. Oil … read more

US Consulate Warden Message – VI

The Consulate has received information of a potential public gathering in the area near the Silverbird Mall on Victoria Island today. We recommend that this area be avoided between 12:00 and 4:00 p.m., if possible. The Consulate continues to advise … read more

Militants Hit Shell�s Nun River Oil Field

Soldiers yesterday contended with militants in an attack on Shell’s Nun River oil facility in the Niger Delta, killing at least two suspected militants and capturing another two, security sources said. In a statement signed by the Shell External Affairs … read more