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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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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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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Bida Poly students bemoan hike in hostel rent

Given the current economic recession facing the country, students of the Federal Polytechnic, Bida have lamented the hike in rent of houses within the polytechnic communities. The students, who expressed their dismay over the increment in house rent, said that the unexpected increase in the house rents in the polytechnic community was arbitrary. While saying that it had made life more difficult for students living in rented apartments off campus, a National Diploma (ND) II student of the Department of Mass Communication, Abdullateef Akanbi complained that “most landlords or house…

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Angst in APC over ‘marginalisation’

The bottled-up anger in the All Progressives Congress (APC) is gradually being let out with series of protests by members who feel marginalised, writes ONYEKACHI EZE   There is no doubt that all is not well in the ruling All Progressives Congress (APC). Events in the last few weeks confirmed this. First, is the news making the rounds that the party’s planned April 29 midterm national convention might not hold due to lack of funds. In fact, many people had expected this to happen because the APC leadership has cried…

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Amaechi demands N750m, N500m from Fayose, Fani-Kayode

The Minister of Transportation, Mr. Rotimi Amaechi, has threatened to sue the Ekiti State Governor, Ayo Fayose, and a former Minister of Aviation, Chief Femi Fani-Kayode, if they did not retract the allegation that the $43 million recovered by the Economic and Financial Crimes Commission (EFCC) in Ikoyi last week belonged to him within seven days. Amaechi is also demanding the sum of N750 million from Fayose and N500 million from Fani- Kayode as compensation for the malicious and defamatory claim. Fayose had, through his spokesman, Lere Olayinka, on his…

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N’Korea threatens new missile tests

North Korea will continue to test missiles, a senior official has told the BBC in Pyongyang, despite international condemnation and growing military tensions with the US. “We’ll be conducting more missile tests on a weekly, monthly and yearly basis,” Vice Foreign Minister Han Song-Ryol told the BBC’s John Sudworth. He said that an “all-out war” would result if the US took military action. Earlier, US Vice-President Mike Pence warned North Korea not to test the US. He said his country’s “era of strategic patience” with North Korea was over. Pence…

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