Alison-Madueke denies seeking asylum anywhere

By Soni Daniel, Regional Editor, North Petroleum Minister, Mrs. Diezani Alison-Madueke, said last night she was not seeking asylum in any part of the world, as claimed by her traducers. Petroleum minister, Mrs Diezani Alison-Madueke Petroleum minister, Mrs Diezani Alison-Madueke Madueke, who spoke through the Group Public Affairs General Manager of Nigerian National Petroleum Corporation, […]

For fear of probe, Petroleum Minister Diezani Alison-Madueke flees to London; Feigns sickness as cover to escape

By iReports-ng.com The Minister of Petroleum Resource; Diezani Alison-Madueke Barely two months to the inauguration of a new government, the fear of the President-Elect General Muhammadu Buhari is already driving corrupt officials who wield enormous power under the out-going Goodluck Jonathan administration out of the country. Buhari has declared that the fight against corruption will […]

Alleged Missing $20bn Oil Revenue: Our True Story – NNPC

Timelines of a Saga September 25, 2013 CBN Governor writes to Mr. President alleging that “between January 2012 and July 2013, NNPC lifted 594,024,107 barrels of crude oil valued at $65,332,350,514.57. Out of this amount NNPC repatriated only $15,528,410,098.77 representing 24% of the value. This means the NNPC is yet to account for, and repatriate […]

Oil slump: Dollar now sells for N208

CBN Governor, Mr. Godwin Emefiele The naira on Friday crashed against the United States dollar from 191 to 208 at the parallel market, otherwise known as the black market. The dollar sold for between N205 and N208 on the streets of Lagos, Abuja and other major cities in the country. The currency had exchange for […]

FG’ll pay fuel subsidy for 40 days –Alison-Madueke

Minister of Petroleum Resources, Diezani Alison-Madueke Despite the recent reduction in the pump price of petrol from N97 to N87 per litre, the Federal Government has said it will still pay subsidy on the product for the next 40 days. The government explained that fuel consumed in Nigeria was “heavily subsidised” before the global crunch […]

US oil price drops below $50 a barrel

UNITED States oil prices dropped below $50 a barrel on Monday, for the first time since 2009. The US benchmark West Texas Intermediate for delivery in February briefly dipped to $49.95 a barrel, before rallying somewhat to $50.20 a barrel. According to Agence France-Press report, the breach of the $50 level came as the Dow […]

The rise and rise of Diezani Alison-Madueke

    BY KAYODE OJO Whatever the Nigerian Minister of Petroleum Resources, Mrs Diezani Alison-Madueke, has been doing in the past ten years, let those who know the woman encour­age her to keep doing them. Or how else can anybody explain her meteoric rise in the political waters like ours where danger­ous male sharks swim […]

Address challenges in oil sector, experts tell Diezani

Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke | credits: File copy Experts have expressed worry about mounting challenges in the oil and gas sector now being aggravated by the falling global oil prices. They stressed the need to address issues such as poor state of the refineries, dwindling oil and gas reserves, rising cases of […]

Missing $20bn: Group wants Diezani sacked

Minister of Petroleum Resources, Diezani Alison-Madueke A civil rights organisation, under the aegis of Gatekeeper Foundation, has insisted that the Minister of Petroleum Resources, Diezani Alison-Madueke, must be relieved of her position in order to ensure non-interference with the forensic audit of the Nigerian National Petroleum Corporation. The group also attributed the rejection of Madueke […]

Diezani loses bid to become OPEC Secretary-General (Sorry, no opportunity to steal there)

THE ambition of Nigeria and Nigeria’s Minister of Petroleum Resources, Diezani Alison-Madueke, to become the Secretary General of the influential Organisation of Petroleum Exporting Countries (OPEC) was dashed on Wednesday. This followed the decision of the members of OPEC to extend the tenure of the incumbent Secretary General, Abdullah al-Badri. The tenure of al-Badri was […]

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