Oil

August 11, 2016

Opinion: The challenges new NDDC chairman, Ndoma Egba would need to overcome

by Richard Romanus It’s been 16 years after the Niger Delta Development commission (NDDC)was established with a core mandate of improving social and environmental conditions of the people of Southern region but one question that seems to be begging for answer is; Whether or not, the commission has achieved it’s mandate. It is true that... Read More

Avengers, jonathan, nddc, Niger Delta, Obasanjo, Oil, Ondo State

Opinion: How agriculture and trade can drive Nigeria back to wealth

by Chiemezie Okeke-Ojiudu Nigeria is a diverse and rich nation; one with raw potential, human capacity, natural resources, fertile land and limitless possibilities. The giant of Africa as it were. Nigeria’s economy has suffered a server blow ever since the price of crude oil plummeted last year. This set back hit various oil producing nations hard... Read More

Buhari, economy, export, finances, import, nigeria, Oil, trade

‘I pity President Buhari’ – El-Rufai

Kaduna State Governor, Nasir el-Rufai, on Sunday, said that over seventy percent of Nigeria’s oil revenue has disappeared under previous administrations without a trace due to corruption. The Governor stated this during the Sunday service at The Latter Rain Assembly, where he was a guest. He said that the present state of Nigeria was saddening as... Read More

bakare, Buhari, Economic, el rufai, kaduna, nigeria, Oil, revenue

InCaseYouMissedIt: FG may release Nnamdi Kanu, Okah brothers

The Movement for the Emancipation of the Niger Delta (MEND), on Saturday, announced that the federal government has agreed to free Nnmadi Kanu, Obi Nwabueze, Charles and Henry Okah as well as other pro-Biafra agitators if they renounce their agitations. According to a statement by MEND’s spokesperson, Jomo Gbomo, said that the Edmund Ebiware, who is currently... Read More

FG, militancy, Niger Delta, Nnamdi Kanu, Oil, Okah brothers

President Buhari orders NNPC to deepen its exploration of oil in the North-East

President Muhammadu Buhari has instructed the Nigerian National Petroleum Corporation (NNPC) to deepen its search for oil in the north-east of Nigeria According to a statement signed by the NNPC spokesman, Garba Deen Muhammad, NNPC will step up its operations in the search for oil in the Chad basin and other parts of the inland sedimentary... Read More

abubakar, Buhari, nnpc, north-east, Oil, Shell

Avengers blow up another NNPC pipeline

Rampaging militant group, Niger Delta Avengers have announced the blowing up of a gas pipeline belonging to the Nigerian National Petroleum Corporation (NNPC) in Nsit-Ibom L.G.A, Akwa Ibom state. According to the spokesperson of the group, Mudoch Agbinibo, the pipeline was damaged by the Avengers at 11:30pm on Sunday. The group enjoined NNPC to “check their pipeline if... Read More

Abuja, Avengers, Chevron, Niger Delta Avengers, nnpc, Oil, pipeline, Shell

Opinion: Youth leaders as change agents

By Manasseh Victor That Nigeria is suffering from leadership crisis is stating the obvious, 56 years after independence, the country is still grappling with the basics of nationhood, beset on all sides by low productivity, social injustice, insecurity and a deficient infrastructural base inter alia. The usual suspect and probable culprit is suboptimal leadership. When the... Read More

Federal, Kogi, militancy, Niger Delta, nigeria, Oil, yoths

Opinion: In memory of Nigeria’s future

By Abiodun KOMOLAFE “The future comes slowly, the present flies and the past stands still forever.” – Johann Friedrich Von Schiller. Baring any unforeseen circumstances, Nigeria’s journey to 2019 has already started and one can only wish the country well! Having run its first full-circle four year-term, 2019 will put to test the capacity of the... Read More

Buhari, corruption, future, government, nigeria, Oil, Production

We can’t negotiate with a ‘common sports minister’ – Avengers

Niger Delta Avengers, on Monday, said that it will not take part in any dialogue that the international community is not a witness to. This was contained in a statement signed by the Spokesperson of the militant group, Brig. Gen Mudoch Agbinibo. The statement noted that the Minister of Youths and Sports, Solomon Dalung, was scammed by... Read More

Avengers, Dalung, Gbaramatu, Militants, Niger Delta, Oil

‘Niger Delta should own 65% of oil wells’ – Lawmakers

South-South and South-East lawmakers, over the weekend, called on the Federal Government to reconsider the ownership structure of oil wells in Nigeria so as to allow the Niger Delta region to own 65 percent of oil wells. Rising from the first joint session of the Houses of Assembly from the South-South and South-East in Owerri,... Read More

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derivative, lawmakers, Oil, oil well, Owerri, south east, South-south

NLNG gets new CEO as Omotowa resigns

The Board of Directors of the Nigeria LNG Limited has approved the appointment of Tony Attah as the new Managing Director and Chief Executive Officer of the company. The position was held by Babs Omotowa for nearly five years before it was announced by the company in a statement released on Thursday that he would be... Read More

attah, Depot, LNG, News, nigeria, Oil, omotowa, Shell

THE YNAIJA TRACKLIST: Oil workers call off strike? | Saraki’s CCT trial adjourned till September | Bernie Sanders wants Hilary as Obama’s replacement | More

From the papers today- a tracklist NUPENG, PENGASSAN suspens strike YNaija APGA explains why Biafran agitators are still at large YNaija More time for Senate President, Saraki as CCT adjourns trial to September Punch Is EFCC’s war against corruption really selective? Magu avoids answering questions about Burutai’s Dubai properties. YNaija CAN will ask Christians to... Read More

Featured, The News Blog

Buhari, clinton, Edo, nigeria, NUPENG, obama, Oil, Ooni of Ife, PENGASSAN, Sanders, sheriff

BREAKING: NUPENG, PENGASSAN suspend strike action

Oil workers under the umbrella of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) and National Union of Petroleum and Gas Workers (NUPENG) have suspended the strike action which it embarked on since Thursday. The unions were in discussion with the Federal Government since Monday. It appears a resolution has been finally reached. Details... Read More

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BREAKING, Buhari, Depot, Kachikwu, nuoeng, Oil, PENGASSAN

‘Kachikwu recommended me to Buhari’ – NNPC boss

The recently appointed Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Maikanti Baru, on Friday, promised to find lasting solution to the problems facing the petroleum sector. Baru stated this during the handover from his predecessor and Minister of State for Petroleum Resources, Ibe Kachikwu. While disclosing that Kachikwu had recommended him to President Buhari... Read More

agenda. Buhari, Baru, Gas, IOC, Kachikwu, nigeria, nnpc, Oil

‘Avengers fighting for selfish reasons’ – Osinbajo

Vice President Yemi Osinbajo, on Friday, said militant group, Niger Delta Avengers isn’t fighting for the freedom of the Niger Delta but is rather agitating for selfish interests. The Vice President noted this while delivering a lecture at the Second Foundation’s Day Lecture of the Elizade University, Ilara Mokin, Ondo State. His lecture was titled: ‘ The Future:... Read More

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economy, NDA, nigeria, Oil, Osinbajo, vice president, violence

FG to PENGASSAN: ‘Be patrotic, suspend your strike’

Following the decision of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) workers to go on strike, the Minister of Labour and Employment, Senator Chris Ngige, on Friday, called on the trade union to call off the strike for the good of the country. According to a statement signed by the Deputy... Read More

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economy, Minister, Ngige, office, Oil, PENGASSAN, Petroleum, strike

Fuel scarcity looms as PENGASSAN insists on strike action

Despite a proposed meeting with the Minister of Labour and Employment, Chris Ngige, and the Minister of State, Petroleum Resources, Ibe Kachikwu, the leadership of Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has remained firm in its resolve to embark on a strike action on Thursday. PENGASSAN declared that the strike action... Read More

Buhari, government, Kachikwu, nnpc, NUPENG, Oil, PENGASSAN, Petroleum, strike

President Buhari's bodyguard allegedly linked to Boko Haram

President Buhari has a strong message for Niger Delta militants

President Muhammadu Buhar has urged militants in the Niger Delta region of the country to give the unity of Nigeria a thought even as the bombing of oil installations and pipelines continues to affect the nation negatively. On Tuesday, the Niger Delta Avengers, a militant group, claimed responsibility for the blowing up of Chevron and... Read More

Avengers, Buhari, Chevron, gowon, Militants, nnpc, Oil, Unity

Oil price increases following avengers attack on oil facilities

The weekend attacks on oil installations by Niger Delta Avengers (NDA) has caused a global increase in the price of oil. Oil prices went up by more than 1.3 percent above the prices it traded as at the close of market on Friday and it now sells above $50 per barrel. As at Friday, the... Read More

ceasefire, crude, FG, Militants, NDA, Niger Delta, Oil

Niger Delta Avengers return, attack oil pipelines in Delta state

Niger Delta Avengers (NDA), on Sunday, disclosed that it has carried out bombings of oil installations and facilities in different parts of Delta state since the 1st of July. The oil facilities bombed by the militants belonged to the Nigerian National Petroleum Corporation (NNPC), Nigerian Petroleum Development Company (NPDC) and Chevron. The companies are yet... Read More

Featured, The News Blog

Avengers, blown up, installations, Militants, NDA, Oil, pipelines

DSS scores major victory against miltants

The Department of State Security Service (DSS), on Thursday, disclosed that it has scored a major victory against militants in the Niger Delta region. According to a statement signed by the spokesperson of the DSS, Tony Opuiyo, the security agency successfully aborted a planned attack on some oil installations in the Niger Delta region and... Read More

bombing, criminals, DSS, militant, NDA, Niger Delta, Oil

‘I’ll rebuild Nigeria for our children, grandchildren’ – Buhari

President Muhammadu Buhari, on Thursday, reaffirmed his intention to rebuild Nigeria, including the volatile Niger Delta region that have been marked by several acts of violence and instability. Speaking at the reception of delegates of Niger Delta Dialogue led by the Amanyanabo of Twon Brass, Bayelsa state, Alfred Diette-Spiff, at the state house, Abuja, the President... Read More

Featured, The News Blog

Buhari, FG, militancy, Niger Delta, Oil, region investment

New militant group vows to blow up oil facilities in Imo state

Days after it attacked an oil facility in Awarra, Ohaji/Egbema, Imo state, a new militant group, Niger Delta Red Squad, has threatened to destroy oil facilities in Imo state. The group made the threat in a statement signed by one General Don Winne, who noted that the despite year of years oil exploration, the oil... Read More

community, FG, government, imo state, Militants, Oil, threat

‘If Buhari is not careful with NDA, he will plunge Nigeria into another civil war’

A former adviser to ex-President Shehu Shagari and a foremost northern politician, Junaid Mohammed, has asked President Muhammadu Buhari to mete out military actions, like those used on Boko Haram terrorist, on Niger Delta Avengers. Mohammed stated this during an interview with Vanguard where he noted that it was wrong for the President to use... Read More

#BokoHaram, destroy. Nigeria, Junaid Mohammed, Military, NDA, negotiate, north, Oil

‘I don’t understand the Niger Delta Avengers… who are they?’ – VP Osinbajo

Following a list of demands made by the Niger Delta Avengers as conditions to stop attacking oil installations, Vice President Yemi Osibanjo, on Monday, stated that he has no idea of any demands made by the militants. The Vice President said this while speaking with newsmen at the end of his tour of the Dangote... Read More

Featured, The News Blog

Dangote, demands, Militants, Oil, Osinbajo, refinery, vp

Niger Delta militants

Militants promise ‘tsunami’ of attacks in days to come

Days after the 2-week ceasefire agreed between the Federal Government and some Niger Delta militants, a group known as the Ultimate Warriors of the Niger Delta has accused the government of failing to kick-start negotiations at a round-table. The ceasefire came in place in order to make room for discussions that would lead to a long lasting... Read More

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Avengers, Militants, national, Niger Delta, Oil, Osinbajo, pipelines, warriors

Opinion: What do you want Okonjo-Iweala to do?

by Bade Adebolu Nigeria is struggling in the face of a 40 percent slump in crude prices since the second half of last year, which has forced authorities to scale back budgeted spending and devalue the naira as foreign-currency reserves fell. It is no longer news that the government relies on oil for about 70 percent... Read More

dollar, economy, famine, kemi Adeosun, naira, ngozi okonjo iweala, nigeria, Oil, Politics, Rotimi Amaechi

FG disregards Avengers’ threat, begins work on destroyed pipeline

In spite of the Niger Delta Avengers’ warning against the repair of any destroyed oil installation in the oil rich region while dialogue is on, the Nigerian government has began work on a blown up pipeline. According to Vanguard, repair work has started on the Nigeria Gas Company (NGC) pipeline at Ubefan Creek in Gbaramatu Kingdom,... Read More

agreement, community, delta state, Militants, Military, NDA, Oil, pipeline, repair

PENGASSAN will shut down oil sector in 7 days except this is done

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has given the government 7 days to call employers of labour in the oil sector to order over what the union described as anti-labour practices. PENGASSAN in a statement by its National PRO, Emmanuel Ojugbana, said the union would shut down the oil sector... Read More

Featured, The News Blog

addax, Buhari, Chevron, Federal Government, NUPENG, Oil, PENGASSAN, Petroleum

Niger Delta militants

Niger Delta Avengers give ‘last warning’ to Oshiomhole, Ayiri Emami, others

Militant group, Niger Delta Avengers has once again warned political opportunists and chieftains of the All Progressive Congress (APC) under the guise of defunct militant group, Movement forthe Emancipation of Niger Delta (MEND) to desist from using the struggle of the Niger Delta as a front to make money from the Federal Government. This is... Read More

APC, Avengers, Ayiri, Edo state, fight, Militants, Oil, oil producing, Oshiomole

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