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The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has revealed that Nigeria’s crude oil production has declined from 2.2 million barrels per day to 1.4 million barrels per day due to pipeline vandalism. According to NAN the Minister made this known, on Monday, at a special session of the House of Representatives convened […]

 Former President Olusegun Obasanjo has advised the Federal Government against resuscitating the defunct Nigerian National Shipping Line (NNSL). Obasanjo gave the advice on Monday in his address as Chairman of a two-day stakeholders’ conference on the maritime industry held in Lagos.  The Former President blamed the demise of NNSL on lack of professionalism and high […]

Mrs Chime Mike Ogbolosingha wife of popular comedian in Rivers state, Mr Mike Ogbolosingha has been kidnapped in Obio Akpor local government area of the state. Mr Ogbolosingha made this known. He said that the gunmen invaded their Elenprawon residence on Sunday and abducted her. In his statement,  the kidnappers who were about six in number […]

In the wake of the petroleum downstream deregulation by President Obasanjo in 2004, and the unfolding opposition, anxiety of Labour and the Nigerian public on the adverse impact of rising fuel prices, this column published two articles titled “The Mother and Father of Fuel Prices” (22nd Nov. 2004) and “Only a Stronger Naira Will Stop […]

Just when it seems the Buhari administration has run out of ideas in governance capacity, it manages to find a further depth in ignominy. The unexpected decision to abruptly end the fuel subsidy regime, jerking up the pump price of petrol from N86.50 per liter to N145 is one example of that inherent predilection for […]

The Joint Admissions and Matriculation Board (JAMB) has concluded all processes to kick-start the 2016 admission exercise. The organisation will on June 2 hold its policy meeting and fix cut-off points for all courses. The decision was sequel to the successful completion of the Unified Tertiary Matriculation Examination (UTME).  The policy meeting which is to set the tone for the exercise is presided by the Honourable Minister of Education, Malam Adamu Adamu. The spokesperson of JAMB, […]Read More

A group, Concerned Ijaw Transformation Ambassadors (CITA) has demanded that opposition leaders must tender unreserved apology to former President Jonathan. The group which  made  their position known in a  press statement issued on Monday, said “Bola Tinubu, Prof. Wole Soyinka, Pastor Tunde Bakare, Hon. Patrick Obahiagbon, John Oyegun and the leadership and members of the […]

The former President of the Nigeria Labour Congress, Comrade Pascal Bafyau is dead. Bafyau, also a chieftain of the Peoples Democratic Party, (PDP) reportedly died on Monday (today) of alleged complications related to heart attack. Family sources said that the radical ex-labour leader suffered a heart attack at about 10.30am before he was rushed to Silver Spring […]Read More

The House of Representatives in Nigeria on Monday began a special session to deliberate on the Federal Government’s announcement of an increase in the price of Premium Motor Spirit known as Petrol. However, plenary degenerated into a rowdy session, as lawmakers of the Peoples Democratic Party (PDP) refused to allow the Minister of State For […]

Overnight Billionaire, Kola Aluko, a controversial Nigerian oil tycoon, has sold his Bel-Air, Los Angeles mansion, as Nigerian and European authorities investigate him for a series of money-laundering and fraud-related crimes. Kola Aluko sold the home last week for $21.5 million, taking a $3 million loss after purchasing the sprawling residence in 2012 for $24.5 […]

A socio-political organisation, Kogi Emancipation Network (KEN) on Sunday called on Governor Yahaya Bello of Kogi State, to beware of his antagonists and moles especially those “greedy and selfish enemies within the All Progressives Congress (APC) who are impervious to positive change.” The organisation therefore demanded the sack of Alhaji Hadi Ametou-led APC State executives “for working against the party […]Read More

…Thumbs Up Nomination of Barkindo as OPEC Secretary General Former Venezuelan Minister of Mines and Energy, Dr. Alirio Parra has described the decision of the Federal Government to liberalize the downstream sector of the oil and gas industry as historic and smart. Dr. Parra who is also a member of the global oil industry outfit, […]