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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Economic recession: PDP asked to apologise to Nigerians, Buhari

An political group, Buhari Support Organisation (BSO), Enugu State chapter, has demanded an apology from the Peoples Democratic Party (PDP) over what it described as the damage inflicted on the Nigerian economy by the immediate past administration of Dr Goodluck Jonathan. BSO made the request while reacting to statement issued by the Ahmed Makarfi faction of the PDP on President Muhammadu Buhari’s Easter message. Speaking through its Publicity Secretary, Mr Eze Chibueze, the group said the PDP should rather apologise to Nigerians, instead of ‘insulting our collective intelligence with their…

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Dickson signs 2017 budget, education bill into law

Bayelsa State Governor, Seriake Dickson, has signed the 2017 Appropriation Budget of N243.2 billion and the Educational Development Trust Fund Amendment bills into law. It will be recalled that the governor proposed an educational trust fund bill to help the less privileged in the state acquire education. Assenting to the bills at the Government House, Yenagoa, the governor said the budget, christened “Budget of Repositioning for Consolidation,” was aimed at completing various ongoing projects in the state. Dickson, who noted that the government appropriated N111 billion for capital projects alone,…

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Sustained development for Etche

As at May 29, 2015 when the good people of Rivers State rightly expelled the All Progressives Congress ( APC) from government, the people of Etche Ethnic Nationality were one of the most neglected communities. They were denied developmental projects, appointments and respect from their own state government. Due to no fault of theirs, they were degraded to second class citizens in a state where they served as food basket and also have some of the critical oil producing communities. Their situation was worsened by the fact that Etche APC…

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Oshonaike hails Oribamishe for YOG ticket

African table tennis queen Funke Oshonaike has hailed youngster Esther Oribamishe who won the African Continental Qualification tournament and booked a ticket to 2018 Youth Olympic Games. Despite missing out on participation at the 2017 ITTF African Junior and Cadet Championships, Oribamise was in terrific form at the continental qualification event as she beats Egypt’s Marwa Alhodaby in the final in Tunisia on Monday. Victory over Morocco’s Ines Outolla in the last four (11-4, 11-9, 11-7, 11-1) guaranteed a top two finish and the Olympic qualification in the Girls’ Singles…

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Furore over WAEC’s new examination diet

DISAGREEMENT Less than one week that the West African Examinations Council (WAEC) unfolded plans to introduce a new diet for external candidates, key stakeholders have faulted the move, kicking that it would not see the light of the day   While Nigerian students and their parents are yet to recover from the confusion generated by this year’s Unified Tertiary Matriculation Examination (UTME) registration, the West African Examinations Council (WAEC), last week, introduced a new diet in its examinations, which has continued to generate debate among stakeholders. With the new diet,…

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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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