The Minister of State for Petroleum, Timipre Sylva, has condemned the backlash that followed news that the Nigerian government will spend $1.5 billion on rehabilitation of Port Harcourt refinery. A total of $1.5 billion has been proposed by the government to fund the project – a decision that has sparked controversy and debates in various … Read more
The Executive Chairman of the Economic and Financial Crimes Commission Abdulrasheed Bawa, in continuation of his tour of the zonal office of the Commission, today Monday March 22, 2021 visited the Sokoto Zonal Office, where he charged the staff to be disciplined, and discharge their duties with the utmost professionalism. In a press statement made … Read more
Collins Samuel, an alleged fraudster who obtained $8000USD as Covid-19 benefit from the US state of Virginia, has been remanded in EFCC custody by Justice P. Mallong of the Federal High Court sitting in Kaduna, Kaduna State. Samuel was remanded, after pleading ‘not guilty’ to a one count charge that borders on impersonation and obtaining … Read more
President Muhammadu Buhari on Thursday inaugurated the headquarters building of the Niger Delta Development Commission (NDDC), 25 years after the groundbreaking ceremony. The president, who virtually inaugurated the building from the Council Chamber of the State House, Abuja, commended the Minister of Niger Delta Affairs, Sen. Godswill Akpabio, for steadfastness in ending many years of … Read more
A Lagos-based lawyer, Chukwudi Enebeli, has given three reasons why the Federal Government is not entitled to the £4.2 million expected from the United Kingdom as part of looted funds recovered from former Delta Governor James Ibori. Enebeli, partner in the law firm of Pinheiro LP, faulted the Federal Government’s proposal to invest the money … Read more
Chevron Nigeria Limited (CNL) yesterday warned the public to be wary of false recruitment and contract information being advertised by scammers impersonating the oil giant or claiming to act in its name. It said the “unscrupulous persons and organisations” were advertising fake job positions and contracts in CNL on several media and online channels. CNL … Read more
A Civil Society Organization (CSO) – the Anti-Corruption Network – has described the reconstruction of Abuja-Kaduna-Zaria-Kano Road project recently awarded at the cost of N797billion as the most expensive on earth. The Executive Secretary of the ACN, Senator Dino Melaye, told reporters at a press briefing in Abuja, that the project needed further scrutiny to … Read more
The people of two major communities in Nembe Kingdom in Bayelsa State have come together for the first time in many years to protest against the alleged diversion of crude oil by Shell Petroleum Development Company (SPDC) despite divesting its interests to Aiteo Eastern Exploration and Production Limited in 2015. Ogbolomabiri and Bassambiri in Nembe … Read more
A Federal High Court in Abuja has set aside the orders obtained on January 4, 2021, by the Asset Management Corporation of Nigeria (AMCON) for Taiwo Lakanu, the Receiver/Manager it appointed to manage the assets of NICON Investment Limited and Global Fleet Oil and Gas Limited over alleged N69 billion debt. The two companies belong … Read more
IN what appears to be a brewing scandal, Shell Petroleum Development Company, SPDC, a subsidiary of Royal Dutch Shell, has balked and admitted to under-reporting the volume of crude oil it takes out of Nigeria’s oil-rich Niger Delta and shortchanging the federal government in the process, we can authoritatively report. Two authoritative government sources familiar … Read more