President Umaru Yar�Adua on Friday in Paris announced that the long awaited state of emergency in Nigeria�s power sector would commence in July. A statement by the Special Adviser to the President on Communication, Mr. Olusegun Adeniyi, said the President … read more
The United Kingdom said it was set to return to Nigeria, assets worth about 40 million British Pounds (N1.1 billion) looted by the Nigerian public officials who are being investigated and prosecuted in Britain. Some former governors are being investigated … read more
Supporters and fans of the former Governor of Rivers State, Dr. Peter Odili, appear to have abandoned their boss who is now battling to save his name and protect his political future, following sustained allegations that he was responsible for … read more
Nigerian National Petroleum Corp., the state oil company, will take over operations in the Ogoni district of southern Nigeria from a Royal Dutch Shell Plc joint venture in an effort to revive oil production, the country’s president said. The removal … read more
A maritime watchdog group is calling the coastline of Nigeria the most dangerous in the world. The UN agency, the International Maritime Organization (IMO), says pirate attacks have increased from four in 2003 to 107 last year. Another group, the … read more
The leader of the Niger Delta Volunteer Force, Alhaji Mujaheedeen Asari-Dokubo, on Thursday alleged that former President Olusegun Obasanjo and a former Governor of Rivers State, Dr. Peter Odili plotted the killing of a former Deputy National Chairman (South) of … read more
The Association of Senior Civil Servants of Nigeria on Thursday reaffirmed its stance that it would resist any plan to increase the price of petroleum products. The ASCSN General Secretary, Mr. Solomon Onaghinon,told the News Agency of Nigeria in Lagos … read more
NIGERIA has interest in the headship of the UN Human Rights Council, the country�s Ambassador to Switzerland, Dr Martin Uhomoibhi, said yesterday in Geneva. �This month, it is Africa�s slot to present the Presidency of the council, and Nigeria has … read more
Shell Petroleum Development Company (SPDC)has faulted the recent decision of the Federal Government to demand a refund of about $1.9billion from it and ExxobMobil subsidiary, Esso Exploration and Production Nigeria (EEPN)over the execution of two deepwater projects in Nigeria. President … read more
As Angola is set to have a prolonged reign as Africa�s prime oil producer given the intractable nature of Nigeria�s Niger Delta crisis, the Federal Government should be wary of a replication of the change in status in the gas … read more