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Latest Politics, Oil Politics
Monday, January 20th, 2014
BY BABAJIDE KOMOLAFE, CLIFFORD NDUJIHE & IKENNA ASOMBAMinister for Finance and Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala has said that the ministry will make sure that the Nigeria National Petroleum Corporation, NNPC, accounts for the missing $10.8 billion oil revenue.She spoke, Sunday, in Lagos at a session with the South South Professionals, adding […]
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Headlines, Niger Delta, Oil Politics
Friday, January 17th, 2014
Niger Delta militants | credits: File copy The deployment of militants to guard the country’s pipelines has been described as an indictment on the Federal Government. A Senior Advocate of Nigeria, Chief Adeniyi Akintola, stated this in Ilorin, Kwara State, on Thursday, adding that the continued incidences of bunkering and other forms of oil […]
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Headlines, Oil Politics
Friday, January 3rd, 2014
Governor Emmanuel Uduaghan of Delta State on Thursday said the Federal Government had succeeded in bringing down the volume of crude oil being lost to thieves in the country to about 40,000 barrels from 100,000 daily. Uduaghan said this in an interview with State House correspondents shortly after attending a meeting inside the Presidential Villa, […]
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Latest Politics, Oil Politics
Thursday, January 2nd, 2014
By Ben Agande, Michael Eboh & Kunle Kalejaye ABUJA — The Federal Government said, yesterday, that it had no plans to increase the pump price of Premium Motor Spirit, PMS, popularly known as petrol from the prevailing pump price of N97 per litre, describing the growing fear of imminent price hike as unfounded. Equally, what […]
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CBN (Central Bank of Nigeria), Latest Politics, Oil Politics
Friday, December 13th, 2013
Governor of the Central Bank of Nigeria, Mallam Lamido Sanusi The Northern Elders Forum and the Trade Union Congress have cautioned the Federal Government against ignoring calls by the Governor, Central Bank of Nigeria, Lamido Sanusi, for a probe into the oil $49.8bn fund unaccounted for by the Nigerian National Petroleum Corporation. Spokesman […]
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Legislature, Oil Politics, Senate
Wednesday, December 11th, 2013
THE Senate has empowered its committee on finance to commence a full-scale investigation into the alleged missing $49.8 billion from the Federation Account. The committee is expected to conclude its findings and submit report in less than seven days. The missing money was said to be the value of crude oil export and proceeds from […]
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CBN (Central Bank of Nigeria), Latest Politics, Oil Politics
Wednesday, December 11th, 2013
The Nigerian National Petroleum Corporation (NNPC) has refuted reports credited to the Governor of the Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi, alleging that it withheld the sum of $49.8bn representing 76 per cent of the total crude oil revenues from January 2012 to July 2013. In a statement signed by the General Manager, […]
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Headlines, Oil Politics
Monday, December 9th, 2013
FEDERAL MINISTRY OF FINANCE News Release. December 6, 2013. CLARIFYING INACCURACIES IN REUTERS STORY ON SUBSIDY PAYMENTS IN NIGERIA In its recent story on subsidy payments to oil marketers in Nigeria, Reuters confuses the facts and obfuscates the issues. It is well known that the Federal Ministry of Finance […]
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Abdullahi M. Seidu, Articles, Columnists, NNP Columnists, Oil Politics
Wednesday, October 23rd, 2013
By Abdullahi M. Seidu | NNP | October 23, 2013 – Nigeria, it is customary for us to throw stones at government officials when they stray off course; and even when they get it right, we still find stones to throw, while we turn blind eyes to their good deeds. Perhaps this is due to […]
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General Politics, Headlines, Niger Delta, Oil Politics, Rivers, State News, Top Stories
Monday, October 21st, 2013
FROM CHRIS ANUCHA The Movement for the Emancipation of the Niger Delta (MEND), has said that it was responsible for the damage of Shell facilities, which caused further pollution of the environment in Ogoniland and other communities in the Niger Delta region. The pollution was said to have been due to crude oil spills and […]
