News

Post-Amnesty Anxiety

THE exercise of the surrender of weapons by the Niger Delta freedom fighters or militants, depending on the side of the divide to which one belongs, as part of the amnesty granted to them by President Umaru Yar’Adua has come … read more

Shell helps retrain former oil militants

Royal Dutch Shell on Monday began helping retrain former oil militants in Nigeria responsible for years of attacks on its pipelines, part of efforts to ensure an amnesty programme brings lasting peace. The Anglo-Dutch giant, Nigeria’s longest-standing foreign oil partner, … read more

Panic as PH govt demolishes houses

Human rights groups warn that hundreds of families in Nigeria’s River State may be left homeless today if plans to demolish their homes to make way for a commercial development go ahead. “Panic” has spread in the community. According to … read more

Fuel price now free-for-all

November 1 came and went yesterday without the official take-off of the much-expected deregulation of fuel prices, but petroleum marketers in various parts of the country were selling Premium Motor Spirit (PMS) otherwise known as petrol at different rates. The … read more

OBJ govt squandered N15bn auto fund

The N10 billion that vanished from the accounts of the National Automotive Council as well as the N4.9 billion that disappeared from the accounts of the National Sugar Development Council were both spirited away during the Obasanjo administration, Minister of … read more

FG Suspends Fuel Importation

As part of its preparation towards the commencement of deregulation of the down stream sector, the federal government has banned the importation of finished petroleum products for one month. This was disclosed yesterday by the executive director of Petroleum Products … read more