Oilfield service giant, Halliburton has disclosed that ongoing investigations into the bribes from agents of its TSKJ joint venture to Nigerian officials have uncovered that payments may have been made. TSKJ is the consortium of contractors that built the first … read more
The Federal Government yesterday announced it had placed all security and law-enforcement agencies on �full alert� in its bid to �ensure a successful transition to a new democratic administration on May 29th 2007.� Also, government warned that it will not … read more
NO doubt, the federal government has been making frantic efforts to nip the seemingly intractable problems of the Power Holding Company of Nigeria (PHCN) in the bud. Much money has been injected towards the resuscitation of the power authority’s antiquated … read more
IN his first personal response to allegations that he breached the laws by approving projects outside the purview of the Petroleum Technology Development Fund (PTDF), President Olusegun Obasanjo has written to the Special Senate Committee, denying the allegation. The Committee … read more
DETERMINED to rid Rivers State of kidnappers, security agents under the aegis of the Joint Task Force (JTF) yesterday raided Okporowo Ogbakiri community in Emuoha Local Government Area of the state. A military source disclosed that that more than 100 … read more
Security forces in Nigeria are on full alert, the government has said, after the vice-president was barred from running in April’s presidential poll. President Olusegun Obasanjo’s office said there were plans to “sponsor protests” and cause violence. The alert comes … read more
Nobel Laureate Professor Wole Soyinka yesterday took a look at the unfolding political drama in the country � April polls, tug of war between President Olusegun Obasanjo and Vice President Atiku Abubakar, the Petroleum Technology Development Fund (PTDF) saga and … read more
The Peoples Democratic Party on Friday said the disqualified presidential candidate of the Action Congress, Vice-President Atiku Abubakar, had never been a threat to its chances at the poll. Skip to next paragraphAbubakar however debunked the assertion, saying he would … read more
Reuters) – Nigerian security forces raided a rundown district near the Niger Delta oil city Port Harcourt on Saturday looking for ransom-seeking kidnappers and other criminals, the military and witnesses said. A 100-strong team of soldiers, police and secret police … read more
A Frenchman kidnapped in Nigeria’s southern oil capital Port Harcourt more than a month ago was released early Friday, an industry source said, after the freeing of two Italians 24 hours earlier. Gerard Laporal, a logistics expert aged around 60, … read more