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Articles, Columnists, Leonard K. Shilgba, PhD, NNP Columnists, Oil Politics
Thursday, October 13th, 2011
By Dr. Leonard Karshima Shilgba, Yola, Nigeria – October, 13, 2011 – The recent revelation of the avowed intention of the Nigerian federal government to remove fuel subsidy and devalue the national currency (the naira) in 2012 should not surprise Nigerians who have observed the conduct of government in Nigeria in the past twelve years. […]
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Columnists, Haruna Manu Isah, NNP Columnists, Oil Politics
Monday, October 10th, 2011
By Haruna Manu Isah, Kaduna, Nigeria – October 10, 2011 – The last time this writer checked the Petroleum Technology Development Fund website was just few days ago and realized that it is already 38 years old. That the Fund was established by a military Decree (Now Act) No 25 of 1973 and before then, […]
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Lagos, Oil Politics, State News
Monday, October 10th, 2011
Socio critic and former Lagos State Commissioner of Police, Alhaji Abubakar Tsav (Retd.) has described as unreasonable, plans by the Goodluck Jonathan’s federal government to remove fuel subsidy as from January 2012 and called on all Nigerians to resist it. Tsav who was speaking to Daily Sun in his Makurdi residence at the weekend however […]
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Latest Politics, Oil Politics
Sunday, October 9th, 2011
President Goodluck Jonathan’s government may enter the new year with great economic instability should he go ahead with the removal of the fuel subsidy as he has proposed, as the labour and civil society groups in the country have threatened to bring the nation to a halt and make the country ungovernable should he fail […]
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Latest Politics, Oil Politics
Thursday, October 6th, 2011
After over seven years of illegally operating the Excess Crude Account (ECA), the Presidency has finally bowed to the National Assembly’s pressure to scrap the account. The ECA, which was created in 2004, during the administration of President Olusegun Obasanjo, with a whopping $9.4billion, was said to contravene section 80 of the 1999 constitution. The […]
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Headlines, Oil Politics
Thursday, October 6th, 2011
Purported move by the Federal Government to remove fuel subsidy has come under virulent criticisms from prominent Nigerians who told government not to try it. Condemning the plan, former Governor of old Kadiuna State, Alhaji Balarabe Musa said the decision would aggravate the poverty in the land. His view was coming even as the former […]
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Headlines, Oil Politics
Thursday, October 6th, 2011
Nigerians should brace up to pay more for petroleum products, particularly for petrol and kerosene. Reason: The prices of the two fuel sources may soar above N180 per litre as from early January 2012, no thanks to plans by President Goodluck Jonathan’s government to deregulate the downstream industry of the oil and gas sector. The […]
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Latest Politics, Oil Politics
Wednesday, October 5th, 2011
The Presidency has indicated plans to remove the controversial fuel subsidy as from 2012 fiscal year. The Federal Government claimed it was subsidising petroleum products by over N600 billion yearly. If removed, critics of the fuel subsidy removal argued that the pump price of fuel may rise from its current N65 to between N120 and […]
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Latest Politics, Oil Politics
Saturday, August 20th, 2011
From 2003, Nigeria lost billions of dollars to multi-national oil companies from Asian countries under the oil-for-infrastructure agreements, an investigative report of Chatham House recently released in the United Kingdom has revealed. Successive Nigerian governments had entered into oil-for-infrastructure agreements with oil companies from India, South-Korea and China, but the projects were never executed even though […]
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Bayelsa, General Politics, Oil Politics, State News, Top Stories
Friday, August 19th, 2011
THOUSANDS have fled the Ikarama community, Bayelsa state following an inferno triggered by an oil spill from a Shell Petroleum Development Company (SPDC) pipeline. No fewer than 100 houses were also burnt by the fire, which has compounded the problems arising from the spill. Saturday Tribune gathered that the damage could have been worse, but […]
