Malabu probe: Reps backpedal on Jonathan’s invitation

Barely a week after the House of Representatives’ ad hoc committee investigating allegations of corruption, malpractices, and breach of due process in the award of oil prospecting licence (OPL 245) better known as Malabu oil scandal, said it planned to invite former President Goodluck Jonathan, there are indications that the committee will no longer insist on the appearance of the former leader. New Telegraph reliably gathered that the ad hoc committee, led by Hon. Razaq Atunwa (APC, Kwara) may have considered the implications of the invitation of the former president…

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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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Curbing inter-security forces violent clashes

Last week, a soldier and three anti-riot policemen reportedly died during a shootout between members of the two security forces. Several others on both sides received gunshot wounds in the encounter that took place in Damaturu, the Yobe State capital. Some of the critically injured were said to be battling for life at the General Sani Abacha Hospital in Damaturu. Several civilians were hit by stray bullets in the clash which lasted over an hour. Residents said it was not the first the two had been engaged in clashes. According…

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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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US ‘era of patience with N’Korea over’

  US Vice-President Mike Pence has said his country’s “era of strategic patience” with North Korea is over. Pence made the remarks at the demilitarised zone (DMZ), the area dividing the two Koreas, during a visit to South Korea to reaffirm ties. His visit comes amid escalated tensions on the peninsula, with heated rhetoric from both North Korea and the US. He arrived in Seoul on Sunday hours after North Korea carried out a failed missile launch. On Monday, the US and South Korea launched a joint air force military…

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US ‘era of patience with N’Korea over’

  US Vice-President Mike Pence has said his country’s “era of strategic patience” with North Korea is over. Pence made the remarks at the demilitarised zone (DMZ), the area dividing the two Koreas, during a visit to South Korea to reaffirm ties. His visit comes amid escalated tensions on the peninsula, with heated rhetoric from both North Korea and the US. He arrived in Seoul on Sunday hours after North Korea carried out a failed missile launch. On Monday, the US and South Korea launched a joint air force military…

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