NewsReports

The Nigerian National Petroleum Corporation has announced the successful re-streaming of the Port Harcourt and Warri refineries after nine months of phased rehabilitation conducted by its in-house engineers and technicians. The national oil company made the announcement on Wednesday through a statement. It said the plants had commenced preliminary production of petroleum products after successful test-runs, noting that while the …

The Executive Secretary of the Nigeria Extractive Industries Transparency Initiative, Hajiya Zainab Shamsuna-Ahmed, on Wednesday said between 2009 and 2012, about 160 million barrels of oil valued at $13.7bn was stolen under the watch of the national oil giant, Nigerian National Petroleum Corporation. She also said that subsidy payment from 2005 to 2012 indicated that $11.63bn had been paid to …

By Alltimepost.com Edo State Governor, Comrade Adams Oshiomhole has bemoaned what he called the massive looting of the commonwealth of Nigeria during the administration of former President Goodluck Jonathan. The Governor said while he was in no position to determine if the former President was personally guilty, or if he acquiesced to the looting, “but as President, he must take …

Former Minority Leader of the House of Representatives, Mr. Femi Gbajabiamila, emerged as the Majority Leader of the 8th House on Tuesday after a leadership tussle spanning 49 days, starting from the inauguration of the House on June 9. The Speaker, Mr. Yakubu Dogara, announced the Lagos lawmaker as the majority leader about 3.19pm on the floor of the House. …

Toyin Saraki, the wife of Nigeria’s embattled Senate President, Bukola Saraki, this morning showed up at the headquarters of the Economic and Financial Crimes Commission (EFCC) accompanied by a horde of politicians and supporters. Our correspondent said EFCC officials appeared overwhelmed by the huge entourage that accompanied Mrs. Saraki to their office. Mrs. Saraki arrived some two hours late for …

Edo State Governor, Adams Oshiomhole, on Monday, said the Peoples Democratic Party government of former President Goodluck Jonathan had destroyed the country. Oshiomhole, who was on the entourage of President Muhammadu Buhari to the United States, said Nigeria had in Buhari a President who talked with confidence unlike “a President that is blabbing and is not sure of what the …

ABUJA—The Federal Government, yesterday, attributed the delay in moving against the Nigerian National Petroleum Corporation, NNPC, to efforts being made to establish the magnitude of fraud and inefficiencies in the corporation and in the oil and gas industry over the last couple of years. Speaking in an interview on the Nigerian Television Authority, NTA’s, ‘Good Morning Nigeria,’ programme, President Muhammadu …

It all looks as the clash of desperate and vaunting ambitions. It is, and a lot more. Mr. Bukola Saraki, who emerged senate president from the pit of political debauchery and vicious backstabbing of his political party, evidently believed that Nigeria is a sort of unfinished family business. Son of the former senate majority leader in the second republic, the …

President Muhammadu Buhari has painted a worrisome picture of the on-going war against Boko Haram , saying that there was not enough fire power to support ground troops to decimate the terrorists. He spoke on Good Morning Nigeria, a programme of the Nigerian Television Authority, Monday, in Abuja. He made the comment while failing to answer repeated questions on whether …

By Alltimepost.com Governor Adams Oshiomhole of Edo State says contrary to insinuations in many quarters, no state has received a kobo from the Federal Government as bailout fund. He spoke on Saturday at a reception for the Inspector-General of Police, Mr. Solomon Arase in Sabongida Ora, Owan West Local Government Area of the state. According to the Governor, the cheering …