AILING immediate past governor of Delta State, Chief James Ibori, who was remanded in the Kaduna prisons following his recent arraignment for corruption by the Economic and Financial Crimes Commission (EFCC) was yesterday flown to Abuja on the strength of … read more
The Economic and Financial Crimes Commission has denied that its chairman, Mallam Nuhu Ribadu, has houses in Abuja and Dubai, United Arab Emirates. The commission, in a statement by Ribadu�s Chief of Staff, Mr. Dapo Olorunyomi, said the EFCC boss … read more
Nigeria’s main militant group said Thursday it fired on six oil industry ships and threatened an attack that will cause an “economic tsunami” in the world’s oil market. The Movement for the Emancipation of the Niger Delta, whose attacks have … read more
TFederal government has proposed a five per cent user charge tax on petroleum products as a means of sourcing funds for sustained road maintenance activities in the country. The new tax policy came just as government assured members of the … read more
The final steps towards increasing the retail price of refined petroleum products began yesterday as the Federal Government met with leaders of organised labour. The meeting, it was gathered, was aimed at convincing organised labour on the need to effect … read more
AN uneasy calm prevalent in the global aviation industry over the rising cost of fuel is creeping into domestic sector. Local airline operators are worried that unless the Federal Government acts promptly and appropriately, oil marketers may transfer the difference … read more
The Economic and Fina-ncial Crimes Commis-sion (EFCC) yesterday filed a 142- count charge against former Edo State governor, Chief Lucky Igbinedion, before a Federal High Court in Kaduna. This is coming on the heels of a warrant of arrest against … read more
There are indications that fresh international pressure is being mounted on the Federal Government to stop the tactical removal of the Chairman of the Economic and Financial Crimes Commission, Mr. Nuhu Ribadu. Ribadu is expected to resume at the National … read more
President Umaru Musa Yar�Adua will not stop any move to probe Chief Olusegun Obasanjo, his predecessor, the Attorney General of the Federation and Minister of Justice, Mr. Michael Aondoakaa, has said. Andoakaa said in Abuja yesterday that the government was … read more
The Attorney-General of the Federation and Minister of Justice, Mr. Michael Aondoakaa, on Monday told the House of Representatives Committee on Judiciary that the Federal Government paid $6m to a foreign oil firm for a non-existent court judgment. The sum, … read more