News

Census results may be delayed

AS Nigerians await the outcome of 2006 Federal Population and Housing Census, the Chairman, National Population Commission (NPC), Samaila Makama, yesterday hinted at another possible delay in the release of the results earlier postponed to October from June. He made … read more

Rivers, Agip Sign Gas Purchase Agreement

Rivers State government, on Wednesday, moved to douse skepticism over its independent power plant (IPP) project by signing a gas sales agreement with the Nigeria Agip Oil Company Limited (NAOC). The state governor, Dr Peter Odili, signed the agreement on … read more

Nigerians told to accept transfer

Nigeria’s president has gone on national television and radio to reassure residents of an oil-rich peninsula being handed to Cameroon. President Olusegun Obasanjo told residents of the Bakassi peninsula their safety would be guaranteed even when Nigerian troops leave this … read more

FROM THE ECONOMIST INTELLIGENCE UNIT

Nigeria is an insecure environment for commercial operations. Security risk arises on three levels. The first comes from the high level of violent crime. This can be simple armed robbery (especially of mobile phones), but can also involve car jacking … read more

It�s S� South Presidency Or No Oil

Youths of Ogoniland on Tuesday raised the stakes in their demand before oil exploration activities would resume in the area, 13 years after Shell was forced out. They say exploration would not be allowed to resume on their land except … read more

Obasanjo facing 127 offences

Nigerian President Olusegun Obasanjo has found himself in hot water after lawmakers from both chambers of the national assembly accused him of 127 impeachable offences. Controversy has rocked the Nigerian Peoples Democratic Party (PDP) as lawmakers in both chambers of … read more

Nationwide blackout imminent

Media reports have indicated that the erratic power supply in the country may give way to total blackout nationwide as workers of the Power Holding Company of Nigeria (PHCN) have planned to go on an indefinite strike as from June … read more