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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Report: With Nigeria’s northeast facing famine, WFP funds could dry up

  The United Nations’ World Food Programme could in a few weeks run out of funding to feed millions living on the brink of famine in Nigeria, four people familiar with the matter said, intensifying one of the world’s largest humanitarian crises. In the northeast, 4.7 million people, many of them refugees from the conflict with Islamist insurgency Boko Haram, need rations to survive, according to the World Food Programme (WFP), one of the main aid groups handing out food. Many of those living in camps for displaced people say…

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Opponents to challenge Turkey ‘Yes’ vote

  Turkey’s main opposition party has said it will challenge the country’s referendum result after the president won a vote to expand his powers. The Republican People’s Party (CHP) has questioned the legitimacy of the close result, citing irregularities in the electoral process. President Recep Tayyip Erdogan’s push for an executive presidency succeeded with just over 51% of the vote. The win was met with both celebrations and protests across Turkey. The CHP is refusing to accept the “Yes” victory and is demanding a recount of 60% of the votes,…

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N’Korea missile launch attempt fails

  North Korea has failed to launch a missile on its east coast, South Korean and US military officials say, a day after Pyongyang warned the US amid rising tension in the region. The US said a ballistic missile exploded within seconds of the launch. Hours earlier, North Korea paraded what appeared to be long-range ballistic missiles at a major military display. It has already conducted five nuclear tests and a series of missile launches in contravention of UN resolutions. The latest development comes as US Vice-President Mike Pence heads…

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What we do with dogs, monkeys, dolls – Commercial drivers

An ancient traditional practice of sacrificing live dogs on the altar of Ogun, the god of Iron, by commercial drivers in search of protection is still being practiced today, mainly by truck and commercial bus drivers. CHIJIOKE IREMEKA reports A very experienced driver, who has been a commercial transport driver for over 30 years, Mr. Akinrede Ephraim, who is in his early 60s, said that the practice of deliberately killing dogs with a vehicle for protection against accidents does not work for him. Rather, he believes strongly in drivers praying…

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…Governors, others congratulate Christians

As the ruling All Progre s s i v e s Congress (APC) on Saturday expresses its best wishes to Christians in the country and indeed all Nigerians on the joyous occasion of Easter, former Vice President of Nigeria and a chieftain of the party, Alhaji Atiku Abubakar has congratulated Christians in Nigerians, saying the country will get better. In a press statement released by Atiku’s Media Office, he urged the Christian faithful and Nigerians of other faiths to see the sacrifice and deprivation of the period preceding Easter as…

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Meningitis death toll now 489 –Adewole

As the current outbreak of cerebrospinal meningitis (CSM) in Nigeria is fast assuming epidemic proportions, health care professionals are now focusing on efforts at containing the outbreak of new infections and the spread of disease. Although, the health condition that is common in the African meningitis belt of which many northern states fall into, southern Nigerian states are also experiencing the outbreak. The states that are worst hit are Zamfara, Katsina, Niger and Kebbi. Health Minister, Prof. Isaac Adewole disclosed that CSM has so far killed at least 489 people….

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