Why Private Refineries Are Not Built By Austin Avuru

Unfavourable government policy, harsh economic environment and lack of adequate fund have been identified as some of the impediments to private sector participation in the refinery business. The Chief Executive Officer, CEO, Seplat Petroleum Development Company Limited, Mr. Austin Avuru, stated this at the just concluded Nigerian Marginal Field workshop, held in Lagos. According to … Continue reading Why Private Refineries Are Not Built By Austin Avuru

Nigeria: FG Approves N1.9bn for Onitsha Transmission Line Replacement

The Federal Executive Council on Wednesday during its first meeting of the year approved a N1.9bn contract for the supply of 746 kilometres of aluminium conductor composite core reinforced for the re-conduction of the Onitsha-New Haven 330KV power transmission line. The ministers of Information, Mr. Labaran Maku, and Power, Prof. Chinedu Nebo, briefed journalists on … Continue reading Nigeria: FG Approves N1.9bn for Onitsha Transmission Line Replacement

$49.8b Missing Oil Money: Sanusi Ignorant of How Crude Oil Revenues Are Remitted To Federation Account, Says NNPC

Engr. Andrew Yakubu faults Sanusi's claimThe Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC), Engr. Andrew Yakubu Friday faulted the claim by the CBN Governor, Mr. Lamido Sanusi that the NNPC has failed to remit the sum of $49.8b from the sale of crude oil saying his claim is borne out of … Continue reading $49.8b Missing Oil Money: Sanusi Ignorant of How Crude Oil Revenues Are Remitted To Federation Account, Says NNPC

How Nigeria Loses 3 Trillion Naira Annually To Maritime Crime

One of the biggest challenges facing President Goodluck administration remains tackling activities of maritime criminals, particularly the highly syndicated oil stealing, which is allegedly carried out in collaboration with foreigners. According to Nigeria Navy official, the country is losing about N250 Billion (Naira) monthly to maritime crime. This amounts to approximately N3 Trillion (Naira) annually, … Continue reading How Nigeria Loses 3 Trillion Naira Annually To Maritime Crime

BREAKING NEWS: Explosive Fire Engulfs Area Near NNPC Building Abuja

Explosive fire rocks an Abuja fuel station, with nearby buildings around the offices of the Nigeria National Petroleum Corporation (NNPC) in Abuja affected. Eyewitnesses, reports say, disclosed that a petrol tanker discharging gasoline exploded at the Conoil filling station opposite the NNPC building in the Nigeria's capital territory. The huge fireball could be seen in … Continue reading BREAKING NEWS: Explosive Fire Engulfs Area Near NNPC Building Abuja

Jonathan Seeks Expansion Of Nigeria-UAE Relations

UAE AMBASSADOR, MR. SALIM AL-NAOBI; UAE POWER MINISTER, MR SUHAIL MAZROUEL & PRESIDENT JONATHANPresident Goodluck Jonathan in Abuja on Friday called for an expansion of bilateral relations between Nigeria and United Arab Emirates (UAE). The president made the call during an audience with the UAE Minister of Energy, Mr. Suhail bin Mohammed Al- Mazrouei. Al-Mazrouei … Continue reading Jonathan Seeks Expansion Of Nigeria-UAE Relations

ICPC Nabs PHCN Official Over N100,000 Bribe

The Independent Corrupt Practices and Other Related Offences Commission, ICPC, has arrested a top official of the Power Holding Companies of Nigeria, PHCN, Engineer Omololu Olusesi Gabriel, for allegedly demanding a bribe of N100, 000 from his customer to install two transformers. Omololu, Principal Manager, PHCN Abuja Distribution Company Wuse Zone 4, was arrested in … Continue reading ICPC Nabs PHCN Official Over N100,000 Bribe

75 Percent Nigerians Live In Darkness As Electricity Supply Worsen In Three Weeks

Excuses as Federal Government of Nigeria, in Abuja, said despite the investment in the power sector, only 25 percent of Nigerians currently had access to electricity. After a meeting of the Federal Executive Council, FEC, Minister of Power, Professor Chinedu Nebo, told newsmen that the power situation in the country in the last three weeks … Continue reading 75 Percent Nigerians Live In Darkness As Electricity Supply Worsen In Three Weeks

CPC’s Missing Certificate, Acronym Dispute Threaten Merger APC Registration – PremiumTimes

General Muhammadu BuhariThe missing certificate of registration of the Congress for Progressive Change, CPC, and the pending court suit instituted by a rival political association, African Peoples Congress, APC, challenging the Independent National Electoral Commission, INEC, for refusing to register it, are threatening to derail the registration All Progressives Congress. This is just as the … Continue reading CPC’s Missing Certificate, Acronym Dispute Threaten Merger APC Registration – PremiumTimes

Indigeneship: Imo Catholic Priests Protest Against New Bishop

Pope FrancisAge-long indigeneship problem in Nigeria is currently threatening the Church as Priests and the lay faithful of the Catholic Diocese of Ahiara, Mbaise in Imo State recently protested through the major roads of the Diocese against the appointment of Monsignor Ebere Peter Okpalaeke as the Bishop-elect of the Diocese on the grounds that he … Continue reading Indigeneship: Imo Catholic Priests Protest Against New Bishop

The Nation Newspaper, Activist, Must Pay Oni’s Aide N750m For Libel, Defamation – Court

The Nation newspaper financed by former Lagos State Governor, Senator Bola Tinubu, who is also the founder of the Action Congress of Nigeria (ACN) and an activist, Morakinyo Ogele, are to jointly pay the sum of N750 million naira as damages to Mr. Segun Ilori, a lawyer, journalist and former Chief of Staff to the … Continue reading The Nation Newspaper, Activist, Must Pay Oni’s Aide N750m For Libel, Defamation – Court

EMERGENCY RULE: OKIRO, PSC TASKED ON NATIONAL SECURITY

Former Inspector General of Police, Mr Mike Okiro,  and the newly appointed members of the Police Service Commission have been charged to ensure that the Nigerian police is urgently reformed and decentralised for improved security in the country as they take over the hierarchy of police command   This was the view of Veteran Olawale … Continue reading EMERGENCY RULE: OKIRO, PSC TASKED ON NATIONAL SECURITY

Boko Haram: Army Arrests Orange Hawker With N600m

The General Officer Commanding (GOC), 1 Division Nigerian Army, Kaduna, Major-General Garba Wahab, at the weekend said the media should not eulogise criminals as the Division has arrested a suspected orange seller who spied for terrorists and over N600 million was found in his bank account within three months. The GOC, whose area of command … Continue reading Boko Haram: Army Arrests Orange Hawker With N600m

Nigerian Army Kills 14 Terrorists, Recovers 13 Cellphones, 7 Vehicles

DEFENCE HEADQUARTERS MINISTRY OF DEFENCE P M B 309 GARKI - ABUJA DHQ/ABJ/901/32/DDI l9 May 2013 PRESS RELEASE UP DATE: BATTLE AS TROOPS PURSUE TERRORIST Troops have continued the advance and attack on identified terrorist camps in the Northern part of the country. Patrols are also ongoing to secure towns and villages from infiltration, while … Continue reading Nigerian Army Kills 14 Terrorists, Recovers 13 Cellphones, 7 Vehicles

Governor Okorocha stable, to return soon – Commissioner

 Imo State Governor Owelle Rochas Okorocha who was involved in car crash is in stable state. The state Commissioner for Information, Culture, and Tourism, Mr Chinedu Offor, disclosed this, adding that Gov. Okorocha is expected back in the state soon to continue his official duties. The Commissioner assured in a statement in Owerri on … Continue reading Governor Okorocha stable, to return soon – Commissioner

SHOCKER: Boko Haram Reject President Jonathan’s Amnesty Offer

Sources close to the northern oligarchy indicates that the members of the Jihadist group, the Yusufiyya sect popularly referred to as Boko Haram may have rejected the amnesty offer extended to the group by the President of the Federal Republic of Nigeria. According to the information received, the group said that they have not asked … Continue reading SHOCKER: Boko Haram Reject President Jonathan’s Amnesty Offer

Govs are too powerful — Igini

Having seen it all as one of the Independent National Electoral Commissioners, and having played a role in foiling rigging strategies by incumbent Governors in some states, Resident Commissioner for Cross River State, Mr Mike Igini, has said, “our governors are too powerful.” This he said while expressing the need to address the excessive display … Continue reading Govs are too powerful — Igini

Boko Haram: Borno Commissioner of Justice Killed

Unidentified gunmen tonight killed the Borno State commissioner for Justice, Barrister Zannah Mallam Gana. Sources said Barrister Gana was killed by suspected members of Boko Haram sect in Bama. The state’s justice ministry said in a statement: “We received the report of the death of the commissioner of justice, Zannah Malam Gana,” a government official … Continue reading Boko Haram: Borno Commissioner of Justice Killed

Lagos To Ban Smoking in Public Places

In line with efforts by the international community to clampdown on smoking, the Lagos state government has announced plans to ban smoking in public places in the state. Ade Ipaye The state’s Attorney General and Commissioner for Justice, Mr. Ade Ipaye, made this known on Monday when he stated that “the provisions of the new … Continue reading Lagos To Ban Smoking in Public Places

President Goodluck Jonathan Releases Administration Progress Report

President Goodluck Ebele Jonathan has released a special 155-page document detailing his administration’s progress since he assumed office. The report titled “Sure and Steady Transformation” shows the achievement of all the 29 Ministries including that of the Federal Capital Territory and the Federal Executive Council. It highlights the projects undertaken by the Ministries. In the … Continue reading President Goodluck Jonathan Releases Administration Progress Report