UNTIL the queries raised over its planned restructuring are satisfactorily answered, the Federal Government has directed Shell Petroleum Development Company of Nigeria (SPDC) to put the exercise on hold. The order was given after a meeting of the Presidency and … read more
The Presidential Election Petitions Tribunal in Abuja was told on Tuesday that the ballot papers for the Presidential poll last year were received by the Independent National Electoral Commission INEC on June 1, 2007 from the Nigerian Security Printing and … read more
Nigeria plans to spend about 15 to 20 billion dollars annually on oil exploration and production, junior oil minister Odein Ajumogobia said Tuesday “An estimated annual spending of about 15 to 20 billion dollars (10.2 to 13.6 billion euros) is … read more
Virgin Group President, Richard Branson, has written to President Umaru Yar�Adua to intervene in the directive to eject Virgin Nigeria from its operational base at the Murtala Mohammed International Airport in Lagos. Branson said the order violates the article of … read more
A Federal High Court sitting in Enugu on Monday again remanded the former governor of Edo State, Chief Lucky Igbinedion, in the custody of the Economic and Financial Crimes Commission (EFCC) till February 11 for ruling on his bail application. … read more
Director-General of the National Oil Spill Detection and Response Agency (NOSDRA), Bamidele Ajakaiye, has called for legislation to check the excesses of individuals or groups who prevent access to spill sites in oil communities. Ajakaiye made the call during his … read more
The militant group behind a wave of attacks on Nigeria’s oil industry claimed responsibility Monday for a weekend attack that officials said killed three soldiers. The attack “dispels the false impression being given by the Nigerian government to investors that … read more
Leaders of Akinima community in Ahoada West Local Government Area of Rivers State have demanded N10m to appease their gods before an �Evil Forest� located in the area could be cleared. The Caretaker Committee Chairman of Ahoada West, Mr. John … read more
Nigeria’s Chief of Defence Staff, General Andrew Azazi, said in Abuja Sunday that the country’s armed forces are on high alert to forestall a spill-over of the fighting in neighbouring Chad. Chadian rebels moved against the government in Ndjamena, the … read more
President Umaru Yar�Adua has reiterated that Atiku Abubakar, Presidential candidate of the Action Congress (AC), cannot quash his victory through the interrogatories he served on Independent National Electoral Commission (INEC) Chairman, Maurice Iwu. Yar�Adua, in his reply on points of … read more