Posted by admin
Headlines, Oil Politics
Saturday, April 9th, 2016
SURVIVING THE TIMES: Bizarre ways Nigerians are going through fuel, electricity crises — 9th April 2016 By VIVIAN ONYEBUKWA Vincent Kalu and TUNDE THOMAS THE past few weeks have been very tough and challenging for many Nigerians. The crippling fuel scarcity and epileptic power supply have added to the burdens of many Nigerians. Although the critical situation […]
Posted by admin
Headlines, Oil Politics
Saturday, April 9th, 2016
Nigeria may sell 40% of future state oil company within 10 years — 8th April 2016 Nigeria’s government may sell 40 percent of a new national oil company within 10 years of its creation, according to a draft law. At least 10 percent of the company will be divested within five first years, according to […]
Posted by admin
Headlines, Lagos, Oil Politics, State News
Tuesday, April 5th, 2016
Fuel queues at the Berger end of the Lagos-Ibadan Expressway Akinpelu Dada and ’Femi Asu The scarcity of petrol got worse in many parts of the country on Monday despite assurances by the Nigerian National Petroleum Corporation that the situation would improve. Lagos, which traditionally receives more product than other parts of the country, was […]
Posted by admin
Latest Politics, Oil Politics
Tuesday, April 5th, 2016
lalekan Adetayo President Muhammadu Buhari on Monday regretted that Nigeria has little to show for the huge resources it made from oil in the past 16 years. He said despite the fact that oil sold above $100 per barrel for the greater part of the last 16 years, leaders of the country refused to plan […]
Posted by admin
Headlines, Oil Politics, Raw Politics
Saturday, April 2nd, 2016
Kachikwu and the sins of his fathers — 29th March 2016 Emma Agu Guest columnist THAT frustration over the slow pace of the economy is beginning to boil over can be deduced from the variegated reactions of various stakeholders of the All Progressives Congress (APC) over a candid opinion expressed by the Minister of Petroleum […]
Posted by admin
Latest Politics, Oil Politics
Friday, April 1st, 2016
Minister strikes deal with marketers to end fuel scarcity — 1st April 2016 •IPMAN to flood stations with petrol From Dennis Mernyi, Abuja & Dennis Mernyi, Awka MINISTER of State for Petroleum Resources, Dr. Ibe Kachikwu, has moved to end the leadership tussle in the Independent Petroleum Marketers Association of Nigeria (IPMAN). His peace deal and intervention would get IPMAN […]
Posted by admin
Headlines, Oil Politics, Raw Politics
Sunday, March 27th, 2016
0 1 0 “Kachikwu’s flippancy was out-of-line. He was basically telling Nigerians that they should be lucky that they are getting the inadequate supply they now suffer…” Apparently appalled by his seeming lack of empathy and manifest arrogance, a former governor of Lagos State and national leader of the All Progressives Congress, APC, yesterday, lampooned Ibe […]
Posted by admin
Headlines, House, Legislature, Oil Politics
Tuesday, February 23rd, 2016
Oil swap deal: Reps invite Diezani From Kemi Yesufu, Abuja The House of Representatives adhoc Committee investigating the controversial crude oil swap deal yesterday formally invited former Minister of Petroleum Resources, Diezani Alison-Madueke to clarify her role in the agreement between the Federal Government and some oil companies. In a letter dated February 22 and […]
Posted by admin
General Politics, House, Latest Politics, Legislature, National Politics, Oil Politics, Top Stories
Tuesday, February 16th, 2016
$24bn crude oil swap deal has no contract –Reps From Kemi Yesufu, Abuja The House of Representatives Ad-hoc committee investigating $24 billion crude oil swap, yesterday, heard how there was no official contract for the deal between Nigerian National Petroleum Corporation (NNPC), Duke Oil and Transfigura, another oil company. Indications emerged from the Hon. Zakari […]
Posted by admin
Latest Politics, Oil Politics
Tuesday, February 16th, 2016
Nigeria relied too long on oil –Buhari • Calls for international support to resettle IDPS From Juliana Taiwo-Obalonye, Abuja Before a team of British parliamentarians, President Muhammadu Buhari conceded that Nigeria relied too long on oil as a single source of revenue. He, however, assured Britain that his administration would rebuild Nigeria, adding that he […]
