BREAKING: Again, Avengers allegedly blow up Forcados pipeline
— 3rd June 2016
The Niger Delta Avengers (NDA), the
militant group which has claimed responsibility for most of the attacks
on oil installations, says it has blown up a Shell Petroleum Development
Company (SPDC) oil facility. The Forcados pipeline, which transports
250,000 barrels per day, was first bombed in February and had just
undergone repairs. The militants also…
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365 days in office: Senate leadership’s scorecards
167 bills under consideration, 162 motions passed By Fred Itua, Abuja When the National Assembly was inaugurated on June 9, 2015, Nigerians had high hopes. It was an era of change and a shift from the old order. The 8th Senate is unique for a number of good reasons. It is the first time since… -
Nigerians will beg APC in 2019 to continue – Momoh
By Iheanacho Nwosu Former minister of Information, Prince Tony Momoh is one of the leaders of the All Progressives Congress (APC). Erstwhile National Chairman of the defunct Congress for Progressive Change(CPC), Momoh in this interview, examined Nigeria’s democratic journey so far as well as the activities of President Muhammadu Buhari in the last one… -
Stock market claws back N94bn
.As Seplat gas sales hit $77m By Omodele Adigun and Chinenye Anuforo DESPITE a price depreciation suffered by 31 securities on the Lagos floor of the Nigerian Stock Exchange (NSE), Thursday, the market was still able to claw back about N94billion to notch up its capitalisation. At the end of trading for the day, both… -
Return $600m to foreign airlines, IATA directs Nigeria
By Louis Iba THE International Air Transport Association (IATA) has called on the Federal Government to respect international agreements requiring nations to ensure foreign airlines are able to repatriate their revenues out of the countries they are operating in. IATA which monitors blocked funds globally, currently in excess of $5 billion listed top two countries… -
PPMC, ALGASCO fingered in diversion as cooking gas price hits N3,500
By Adewale Sanyaolu EFFORTS by the Federal Government to deepen the use of Liquefied Petroleum Gas (LPG) popularly called cooking gas may have suffered some setback following allegation of diversion of LPG vessels to a private terminal. Executive Secretary of Nigerian Association of LPG Marketers (NALPGAM), Mr. Bassey Essien, yesterday told Daily Sun that the… -
Reps summon Fashola over poor power supply
…Defend amendment of CCB law From Kemi Yesufu, Abuja THE House of Representatives, yesterday, summoned the Minister of Power, Mr. Babatunde Fashola, over the poor power supply in the country. Also summoned to proffer solutions towards a sustainable electricity regime are the Nigerian Bulk Electricity Trading Plc (NBET), National Electricity and Regulatory Commission (NERC) to… -
W’Bank approves $75m for IDPs
From Layi Olanrewaju, Ilorin THE World Bank is expected to approve $75 million next week to assist internally displaced persons (IPP) caused by the Boko Haram insurgents. Its team leader on Community and Social Development Projects (CSDP), Prof Folusho Okunmade- wa, said this yesterday in Ilorin, Kwara State, during a one day advocacy workshop organised… -
Edo Guber Watch: Esan leaders disagree with Oshiomhole’s position
From Tony Osauzo, Benin The quest for Edo Central Senatorial District to produce the governor of the state in the current dispensation appears to be a pipe dream, going by developments in the All Progressives Congress (APC). There are four serious aspirants from the central district, who have already obtained their party nomination and expression… -
Ezeonwuka urges FG to save Nigeria from collapse
By Zika Bobby Igbo leader and Board of Trustees (BoT) member of the All Progressives Grand Alliance (APGA) in Anambra State, Chief Rommy Ezeonwuka has called on the Federal Government to urgently tackle crises bedevilling the nation to avoid what many believe may lead to a catastrophe of biblical proportion. The Ogirisi Igbo, who said…
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