Barely 24 hours after its Group Managing Director, Abubakar Yar’Adua, told the House of Representives Committee that the corporation paid $6 million to militants in order to gain access to the damaged Chanomi oil pipeline in Delta State to effect … read more
(Reuters) – A militant faction in Nigeria’s Niger Delta has threatened to start shutting down oil and gas production on the strategic Bonny Island unless the army pulls out and its demands for development are taken seriously. Covered in magic … read more
The Minister of State for Petroleum, Mr. Odein Ajumogobia, on Wednesday admitted the country�s oil wealth was being mismanaged because of lapses and wastes in the system. He made this view known at the commencement of the public sitting by … read more
Nigeria’s House of Representatives is beginning an investigation into the country’s oil industry. Gilbert da Costa in Abuja reports for VOA that top industry officials are scheduled to testify before a special parliamentary panel at a public hearing. Nigeria’s oil … read more
A petrol tanker burst into flames Thursday in Nigeria’s main city Lagos, killing at least 12 people and leaving several others with severe burns, witnesses and local television said Thursday. “The accident occurred when the the driver of the petrol … read more
The Nigerian military is investigating five corpses found floating in the Nembe creeks on Monday, two days after three soldiers and four civilians went missing when a boat in which they were traveling was attacked by suspected militants along the … read more
(Reuters) – The Nigerian army on Tuesday accused local politicians of backing gunmen who killed a group of soldiers and civilians last week in the Niger Delta, where crime and violence have seriously hit oil output. The three soldiers were … read more
(Reuters) – Nigerian gunmen opposed to their country’s handover of the Bakassi peninsula to Cameroon attacked a Cameroonian security patrol, a military source and a spokesman for the militant group said on Tuesday. The Cameroonian military source said Cameroonian forces … read more
The Nigeria National Petroleum Corporation (NNPC) pays $6 million to Niger Delta militants as “protection fee� monthly, the House of Representatives Committee on Finance investigating the alleged non remittance of revenue collected by government agencies from 1999 to March 2008 … read more
Reuters) – The main militant group in Nigeria’s oil-producing Niger Delta said on Wednesday it would attack major oil pipelines in the next 30 days to prove it had not received payment from the government to end its campaign. The … read more