Fuel theft: Senate calls for major shake-up in NNPC

The Senate has advised the Nigerian National Petroleum Corporation (NNPC) to go beyond the sacking and redeployment of a few officials involved in fuel theft and other sharp practices in the industry. The upper legislative chamber gave the advice in a statement issued yesterday in Abuja by its spokesman and chairman, Senate Committee on Media and Public Affairs, Aliyu Sabi. The Senate tasked the NNPC to initiate a comprehensive restructuring of its operations which currently allowed officials and other firms to appropriate national resources for their personal use, thereby contributing…

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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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Karamajiji: A forgotten beggars’ colony

Some years ago, the then Minister of the Federal Capital Territory Administration (FCTA), Nasir el-Rufai considered beggars a nuisance on the streets of Abuja and decided to forcefully evacuate them to a “special location”. The idea was to give Abuja, the Capital City, a facelift. However, many years after, the vision appears to have been derailed. CALEB ONWE reports     Karamajiji, a sprawling ghetto is home to both Gwari aborigines and other tribes, especially, low income earners. It is hidden right behind the National Military Cemetery, a few metres…

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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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NMRC, developers laud Nigeria’s House Price Index

The Nigerian Mortgage Refinance Company (NMRC) and developers of Lekki Gardens have thrown their weight behind the takeoff of Roland Igbinoba House Price Index (RI), the first in the country. Executive Director of NMRC, Mr.Kehinde Ogundimu, who represented his managing director, gave insight into the usefulness of a house price index in Lagos. He pointed out that absence of useful data had been a major challenge to government, home seekers and investors in the drive to make decision about housing market. He lauded President of Pison Housing Company, Mr Roland…

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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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