Pilots flying Nigeria�s air space are navigating blindly because of the short-distance coverage by radars being used in the country�s airports, Managing Director of the Nigeria Communications Satellite (NIGCOMSAT) Engr. T. Ahmad-Rufai said yesterday. Rufai said immediately after pilots take … read more
Following the Federal High Court judgment last year, the Economic and Financial Crimes Commission (EFCC) has appointed a Lagos based real estate firm, Real Estate Derivatives Limited, to sell the forfeited properties of former Bayelsa State Governor, Chief DSP Alamieyeseigha. … read more
Youth restiveness in the Niger Delta region of the country has continued to impact negatively on the economy dragging crude oil output to 1.18 million barrels per day (mbd). Economic indicators from the Central Bank of Nigeria (CBN) indicate that … read more
Unidentified gunmen in Nigeria’s restive south have hijacked an oil-services vessel carrying 11 crew members, the military said Wednesday. The hijackers are demanding about $250,000 for the release of the boat and the crew, including one Portuguese and one Ukrainian, … read more
Nigeria’s main militant group denied responsibility for an attack on a supply vessel belonging to U.S oil company Chevron Corp. (CVX) Wednesday. “The Movement for the Emancipation of the Niger Delta (MEND) is not responsible for the attack. We are … read more
Former Nigerian President Olusegun Obasanjo has denied any responsibility for the failure of the country’s power generation industry. In a 5,000 word written submission to a parliamentary investigation panel, he said his administration had increased the amount of power generated. … read more
The Nigerian government will investigate allegations that international oil companies operating in the upstream sector employ more foreigners than allowed by the law, an official statement said. Junior petroleum minister Odein Ajumogobia told leaders of the blue-collar oil union NUPENG … read more
THE Economic and Financial Crimes Commission (EFCC) on Monday told an Abuja High Court that the moves by Senator Iyabo Obasanjo-Bello to judicially circumvent her trial over the N300 million scandal in the Ministry of Health would lead to a … read more
PETROLEUM products tanker drivers nationwide yesterday issued a 21-day ultimatum to the Federal Government within which it is to rehabilitate all bad roads in the country. The tanker drivers, under the aegis of the Petroleum Tanker Drivers (PTD) union, in … read more
PRESIDENT Umaru Musa Yar’Adua has directed the Directorate of Security Services (DSS) to arrest and interrogate officials of the National Airspace Management Agency (NAMA) over their roles in the alleged doctoring of the transcript of the Voice Flight Recorder between … read more