News

End coming soon for fuel subsidy

The controversial and highly wasteful petroleum subsidy regime in Nigeria will come to a quick end soon following Monday’s crucial meeting between Acting President Goodluck Jonathan and his economic management team (NEMT), government sources told BusinessDay last night. It was … read more

Oil giant faces fresh criticism over Nigeria

Shell should link relevant executives’ pay to progress on environmental issues in the Niger Delta, a highly critical report published yesterday recommends. The benefits of the oil industry’s operations in the region are outweighed by the environmental and social costs, … read more

MPs return without seeing Yar’Adua

Nigerian MPs who travelled to Saudi Arabia to meet President Umaru Yar’Adua returned home after a week without being able to see the ailing leader, reports said today. The delegation from the lower house of parliament was able only to … read more

Face power, amnesty, Labour tells Jonathan

THE two labour unions in the country, Nigeria Labour Congress, NLC, and its counterpart, the Trade Union Congress of Nigeria, TUC, weekend set agenda for Acting President, Dr. Goodluck Jonathan, urging him to focus on electoral reform, power generation, healthcare, … read more

Over 17,000 die in Nigerian road crashes

More than 17,000 people died in about 31,000 road accidents across Nigeria between 2007 and 2009, according to official statistics released on Sunday by the federal government road safety agency. More than 73,000 were injured in these accidents during the … read more

20 Bus Passengers Electrocuted

20 Bus Passengers Electrocuted At least 20 people were killed in Port Harcourt on Saturday when a cable fell onto a bus and electrocuted people inside, the police said. The police confirmed 20 deaths, but a spokeswoman, Rita Abbey, said … read more