Henry Ojelu As the trial of Walter Wagbatsoma and four others over alleged fuel subsidy fraud commenced today at the Ikeja High Court, a prosecution witness, Damon Yelma failed to substantiate the fraud claims against the defendants. Wagbatsoma and four others were on February implicated in the alleged fuel subsidy infraction by Nigeria’s Economic and [...]
Henry Ojelu Mahmud Tukur, son of the Peoples’ Democratic Party’s chairman, Bamanga Tukur today challenged the jurisdiction of an Ikeja High Court, Lagos to try him over an alleged fuel subsidy fraud, on a day the trial was to commence. Mahmud Tukur, Alex Ochonogor, Eterna Oil and Abdullahi Alao are facing a nine count charge [...]
Amidst expert prediction that Nigeria is in for decades of darkness, without stable electricity, the Federal Government has approved 3.7 billion U.S. dollar (about N592 billion) to boost power transmission, as part of efforts to achieve its target of 20,000 megawatts. Vice-President Namadi Sambo disclosed this at an interactive session with Nigeria-Canadian Association in Toronto, [...]
Simon Ateba Despite Nigeria’s government’s posturing that Nigerians will enjoy steady electricity by 2015, experts say darkness may persist until 2050. And stable power supply may never be enjoyed in this generation. An expert has told Reuters news agency that Nigeria would need about 140,000MW to guarantee stable power supply. Nigeria is still scores of [...]
Both the Nigerian National Petroleum Corporation (NNPC) and Pipeline and Products Marketing Company (PPMC) have said there is no plan to set up a pipeline protection agency. Mr Tumini Green, Acting Group General Manager, Group Public Affairs Division of NNPC, Abuja made the clarification in a statement made available to journalists on Friday in Abuja. [...]
In an unwanted daily routine lasting 17 years, Phillip Cleatus sits in the dark doorway of his shoe-making shop in Nigeria’s northern city of Kaduna, waiting for the lights to come back on. President Goodluck Jonathan is trying to persuade Cleatus and some 170 million other Nigerians that will soon change. Yet while his plan [...]
Global energy giant Shell has begun the search for a new chief executive following the surprise announcement that incumbent Peter Voser will retire next year. The announcement coincided with the company’s release of first earnings, which show net profits slumping on the back of lower crude oil prices. “The board of Royal Dutch Shell plc [...]
