Local oil firms walking a tight rope

Indigenous firms are the worst-hit by myriads of challenges bedeviling the oil and gas industry. ADEOLA YUSUF reports on how many of them are running into bankruptcy     Aiteo, an indigenous oil firm, made the headlines penultimate week; basking in the euphoria of its new status as the biggest Nigerian- owned oil firm in terms of production, hitherto known by many as the petroleum product trading firm, it announced the production of the largest share of the 313,602 barrels per day output from indigenous companies. The firm’s management cannot…

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UNILAG, students mourn Ogbeidi, HOD History dept

The management and students of University of Lagos (UNILAG), Akoka, Lagos are yet to recover from the shock of the sudden death of the Head of Department of History and Strategic Studies, Prof. Michael Monday Ogbeidi, whose news of his death threw the entire campus into mourning. Ogbeidi, a Professor of Business History at the Department of History and Strategic Studies and an alumnus of the university, was said to have died after a brief illness. The fond memories of the late lecturer, described as a ‘gentle and consummate teacher,…

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ICPC institutes anti-graft monitoring unit in EKSU

Towards building capacity for corruption-free and transparent system, the Independent Corrupt Practices Commission (ICPC) has inaugurated the Ekiti State University (EKSU) chapter of the Anti-Corruption and Transparency Monitoring Unit (ACTMU). The inauguration of the unit, according to the university, is in line with the vision of the Vice-Chancellor, Prof. Samuel Oye Bandele, to run a corruption-free system and transparent financial operations. The vice-chancellor, during his meeting with the unit, expressed satisfaction with the establishment and operation of the anti-corruption and transparency monitoring unit, even as he commended their efforts towards…

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Rivers: Defections drive APC to the edge

EMMANUEL MASHA reports on the gale of defections among chieftains and members of the All Progressives Congress (APC) in Rivers State since after the National Assembly rerun elections in the state in which the Peoples Democratic Party (PDP) emerged victorious   A few months before the legislative rerun elections in Rivers State, the camp of a senatorial candidate of the All Progressive Congress (APC) was bubbling as party leaders expressed optimism about the party’s chances in the election. But, when the Independent National Electoral Commission (INEC) announced the result, it…

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NGO takes girl-child education campaign to Zamfara communities

A Non-Governmental Organisation (NGO), based in Zamfara State, ‘Save the Children,’ has taken its campaign on child protection and the fight against the poor girlchild school enrolment to rural communities. The organisation, which is being supported by Lifestep Project (LSP) from Canada, would train 40 households from the six selected villages in the state towards ensuring the protection of children and equipping the knowledge of community members on how to reduce the risk of abuse of children in their areas. Speaking at the community dialogue meeting with media and other…

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FG shifts Forcados, Bonga’s re-opening date to June, July

The Federal Government has announced new dates for re-opening of two major oil and gas installations in Nigeria-Bonga Floating Production Storage and Offloading (FPSO) and Forcados line. Minister of State for Petroleum resources, Dr. Ibe Kachikwu, who said this in a report, stated that Forcados would reopen in June and Bonga in July. Shell, operator of Bonga, had earlier said that the facility would re-open by April. The shutdown of these facilities have impacted the crude production in Nigeria as over 225, 000 barrels of oil is shut-in on Bonga…

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Angst in APC over ‘marginalisation’

The bottled-up anger in the All Progressives Congress (APC) is gradually being let out with series of protests by members who feel marginalised, writes ONYEKACHI EZE   There is no doubt that all is not well in the ruling All Progressives Congress (APC). Events in the last few weeks confirmed this. First, is the news making the rounds that the party’s planned April 29 midterm national convention might not hold due to lack of funds. In fact, many people had expected this to happen because the APC leadership has cried…

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When a federal minister overreaches

People who do not know me erroneously think that it’s possible for any hirelings or whosoever to stop me by any means – whether through abuse or attack or howsoever – from talking or writing about my state and community of birth. No, it’s not possible. The more they abuse and attack me, the more I know that I’m making a valid point. Today, I’ll talk about an arrogant and despotic brother, his Hobbesian disposition, unlawful trespass to land, and illegal arrests and detention of innocent youths from our town…

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Shall I tell this to the president?

They already own everything; they own our politics, our economy and our money. Even the CBN is being privatised and controlled by this cartel. The same cartel now wants to control the water we drink and the air we breathe to complete their vicious cycle of enslaving and subjugating us all. They don’t care about the future but only about the dark interest they represent. Unrestrained capitalism is evil and should be challenged. The media knows about this but will never write about it. Our elite knows about this but…

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N’Korea threatens new missile tests

North Korea will continue to test missiles, a senior official has told the BBC in Pyongyang, despite international condemnation and growing military tensions with the US. “We’ll be conducting more missile tests on a weekly, monthly and yearly basis,” Vice Foreign Minister Han Song-Ryol told the BBC’s John Sudworth. He said that an “all-out war” would result if the US took military action. Earlier, US Vice-President Mike Pence warned North Korea not to test the US. He said his country’s “era of strategic patience” with North Korea was over. Pence…

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