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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Obiano to unveil new book on Anambra light bearers

Governor Willie Obiano of Anambra State will today unveil a book titled, ‘Icons of Anambra State’. The publication, sponsored by three leading banks, traces the resilience and enterprise that made the state to produce the highest number of achievers in Nigeria since the 20th century. The 317-page book written by a researcher and biographer, Mr. Uchechukwu Elugu, details the lives and times of some remarkable men and women, who made the difference to make Anambra the leading state in the South East. Anambra, which prides itself as “The Light of…

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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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Is Arik slipping into oblivion?

Government is at a crossroads on what to do with Arik Air, having injected N1.5 billion since it took over the carrier. It’s time to take far reaching decision on the airline’s future, writes WOLE SHADARE   Arik on life support For those who don’t know, Arik Air is currently dying a slow death and here are some of the signs. The airline has just five aircraft from the over 29 it acquired when it made a debut 10 years ago. It purportedly came with a difference with state-of-the-art aircraft,…

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Ohafia stands still for Kalu

The ancient city of Ohafia in Abia State was yesterday agog with jubilations at the sighting of a former Governor of Abia State, Dr Orji Uzor Kalu and his new branded APC buses. This is even as the convoy of the former governor escaped being mobbed as residents trooped en mass to cheer him with shouts of change. The former governor, who was returning from a wedding ceremony held in Ohafia had recently in his Facebook handle shared photos of All Progressive Congress branded buses. According to him, the buses…

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