Anglo/Dutch oil firm, Shell Petroleum Development Company, is set to lay off 3,500 workers as the crisis in the Niger Delta region further hampers its operations. Sunday Punch learnt that the retrenchment exercise would be carried out before September. A … read more
CIRCUMSTANCES surrounding the unabating spate of violence in the Niger Delta area, Nigeria’s main oil and gas region, have started to creep into the open, with a faction of the armed youths pointing accusing finger at the direction of the … read more
Britons have been advised by the UK government to leave three states in Nigeria’s oil-producing Niger Delta. In updates to travel advice on the Foreign Office website, citizens were warned that Bayelsa, Delta and Rivers States are unsafe. The site … read more
The Supreme Court on Friday denied a bail application of the leader by the Niger Delta Peoples Volunteer Force, Alhaji Mujaheed Asari Dokubo. The apex court held that both the Federal High Court and the Court of Appeal, Abuja were … read more
The former Chief of Defence Staff, General Martin Luther Agwai, on Friday said the nation’s military was capable of overrunning the Niger Delta but for its reluctance to shed the blood of innocent people. He also said the reluctance of … read more
Nigeria’s anti-graft agency has given 15 ex-governors wanted for corruption until the end of Friday to turn themselves in or face arrest. Five of the former governors have already been quizzed by the Economic and Financial Crimes Commission (EFCC), an … read more
Umbrella militant body for most of the armed groups in the Niger Delta, the Joint Revolutionary Council (JRC), has warned that hostages seized from Schlumberger compound on June 2, 2007, would not be released unless their leader, Alhaji Mujahid Asari … read more
Pipelines and Products Marketing Company (PPMC), has said vandals operating in the Niger Delta have afflicted 25 breakages on the Escravos-Warri pipeline, which conveys crude oil to the Warri and Kaduna refineries. Its Managing Director, Mr Sulaiman Achimugu, at the … read more
The Federal Government may allow the naira to appreciate about two per cent against the dollar this year to help contain inflation. An economist with the Standard Chartered Bank, Razia Khan, who disclosed this in notes to clients, on Thursday, … read more
THE commander of the Niger-Delta Freedom Fighters (NDFF), aka Egbema One, which kidnapped the four American oil workers of Global Industries, an oil servicing company to the Chevron Nigeria Limited on May 8 in Delta state spoke to Saturday Vanguard … read more