News

Pfizer arrests sought in Nigeria

A Nigerian court has issued arrest warrants for three members of staff from drugs company Pfizer over an alleged illegal drugs trial in 1996. The three are also accused of defying a summons to appear in court last month. Pfizer … read more

PH Airport�ll Function Fully in 2008?

Minister of Transportation, Mrs. Diezani Alison-Madueke, has revealed that facilities that will make the Port Harcourt International Airport to function fully will be put in place by the end of the first quarter of 2008. Speaking at the formal opening … read more

Iyabogate: Austrian Firm in Forgery Claim

New facts emerging in the controversial N3.5 billion power project contract involving Dr. Iyabo Obasanjo-Bello have indicated that the Austrian company at the centre of the transactions may have a case of forgery to answer. M. Schneider, the Austrian company, … read more

PHCN owes NNPC, oil companies N10bn

The Power Holding Company of Nigeria owes the Nigerian National Petroleum Corporation and some other international oil companies N10bn being payments due from supplies made to the company over the last few years. A document obtained by our correspondent in … read more

Abductors Release Briggs

After series of ransom demands by the abductors of former Vice Chancellor of University of Port Harcourt and Chairman of the Rivers State Independent Electoral Commission Chairman, Prof. Nimi Briggs, kidnapped two weeks ago, he has finally been released. Briggs … read more

FG dumps One Laptop Per Child project

There are indications that the Federal Government may have opted out of the One Laptop Per Child programme targeted at giving each Nigerian schoolchild one laptop at the expense of government. The Minister of Education, Dr. Igwe Aja-Nwachukwu, gave this … read more

Willbros: EFCC Quizzes Daukoru, Kupolokun

Immediate past Minister of Energy, Dr. Edmund Dau-koru, and former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NN-PC), Mr. Funsho Kupolokun, are among the scores of Nigerian officials interrogated by the Economic and Financial Crimes Comm-ission (EFCC) … read more

PHCN can�t afford cost of gas

The acute power shortage being experienced across the country may persist as it emerged on Sunday that power sector operators, mainly the Power Holding Company of Nigeria, cannot afford to pay commercial prices for gas. The PHCN had blamed acute … read more

Senate to Investigate Obasanjo

Nigeria�s former President Olusegun Obasanjo is reportedly under investigation for his government�s alleged involvement in a rural telephone project. This comes after the Senate announced it was investigating the former government for acquiring a loan of $500 million, earmarked for … read more