Nasir El-Rufai: Why Buhari must kill NNPC

by Nasir El-Rufai There is every danger that addressing a topic like this might yield another exercise in vain lamentation when what our country needs to do is take and give effect to rational decisions about the oil sector. For instance, the discourse around the resource curse has had a deep resonance for many Nigerians... Read More

buhari government, Nasir Elrufai, nnpc, Oil, opinion, ynaija

June 26, 2015

President Muhammadu Buhari dissolves NNPC board

It is beginning to look like the present administration has begun work as President Muhammadu Buhari has dissolved the board of the Nigerian National Petroleum Corporation (NNPC) with immediate effect. Buhari also expressed gratitude to members of the dissolved board for their services to the nation. We’ll update as soon as we get more details.

The News Blog

Buhari, dissolves, nnpc, Oil

June 10, 2015

EFCC arraigns 14 foreigners for illegal oil dealing

The Economic and Financial Crimes Commission (EFCC), on Wednesday arraigned 14 foreign nationals before a Federal High Court, Lagos, over alleged illegal dealing in petroleum products. The accused included three Russians, Arthur Pakhladzhian, Vasaliy Shkundich and Kretov Andrey; one Japanese, Sergio Abgarian; three Ukrainians; Vitalis Biluos, Laguta Olesksiy and Chepikov Oleksan. Others are seven Britons;... Read More

The News Blog

court, EFCC, foreign nationals, Oil

May 25, 2015

Immanuel Ugwu: Dear Diezani, you are running in vain

by Immanuel Ugwu Buhari’s private forgiveness will not save her from her history. Her robbery of the Nigerian people makes her eligible for prosecution. She is running in vain because our collective sense of impoverishment can only be appeased by justice. If Diezeani Allison Madueke, the queen of the Nigerian oil empire, did not scamper... Read More

Buhari, corruption, Immanuel ugwu, nnpc, Oil, opinion, President Jonathan, ynaija

May 14, 2015

Immanuel Ugwu: Will the APC be another eatery?

by Immanuel Ugwu But we are in the last days of the oil era. There will be less and less petrodollars to share. APC’s task is to create wealth, to explore innovative ways of harnessing the abundant resources of the country. We had assumed that we knew the Peoples Democratic Party. We knew the party’s... Read More

APC, Immanuel ugwu, Oil, opinion, PDP, President Goodluck Jonathan, wealth, ynaija

April 10, 2015

Opinion: What Buhari must do to lead the nation aright

by Olu Akanmu No one should be above the law, irrespective of their status or relationship to power. Impunity must be tackled to the ground permanently. Dear General Buhari, Congratulations on your well earned election victory. You were dogged and stayed the course over the last sixteen years from the ballot box to the court... Read More

corruption, letter, Muhammadu Buhari, Oil, olu akanmu. ynaija, opinion, President-elect, South-south

March 23, 2015

Tell the world how much you love your mom and get rewarded for it

by Jewel Stephen Everyone has a distinct recollection of a particularly touching moment when the realization of how much a mom is worth finally dawned and Mothers’ Day was carved out for us to do something special for these very special people. An epiphany that is so strong, that it stays for a long time... Read More

The News Blog

Grand Pure Soya, Mother's Day, Oil

February 25, 2015

Seplat shuts down Oben plant to expand, improve gas delivery

by Jewel Stephen The NPDC/SEPLAT Joint Venture has announced the shut-down of its Oben gas plant to enable tie-in of its expansion unit with the existing plant. The 10 day long shut down is scheduled for February 22nd to March 5th and will enable the company tie in its newly installed, 2 x 75 mmmscf/d... Read More

The News Blog

Gas, Oben plant, Oil, SEPLAT

December 11, 2014

@ToksEro: Oil, Nigeria’s economy and the future (Y! FrontPage)

by Toks Ero Nigerian youths of today must rise up to the challenge of being the unselfish leadership that will strive to bring Nigeria out of the doldrums. Past and present leaders have by their kleptomania and profligacy created problems that the youths will continue to bear the brunt of if they do not take... Read More

@toksero, economy, nigeria, Nigerian youths, Oil, toks ero, Y! Frontpage

December 2, 2014

@9jaBloke: Oil, corruption and Nigeria’s economic crisis

by Charles Ohia Today, oil prices have plummeted and the alarm bells are already going off in Abuja. The Minister of Finance and co-ordinating Minister of the Economy has one pretty hand precariously positioned on the austerity measures pulley. How soon she tugs at it is only a matter of time. The significance of crude... Read More

charles oha, economy, ngozi okonjo iweala, Oil, opinion, Politics, prices, ynaija

December 2, 2014

Import substitution programmes set to kick off over oil prices

by Laila Ibrahim Following the country’s dwindling oil revenue, the Federal Government is set to commence comprehensive implementation of import substitution programmes in order to enhance local production of goods and services and make the country self sufficient. This was disclosed by President Goodluck Jonathan while speaking at the Top 100 Businesses Award Dinner held... Read More

Goodluck Jonathan, imports, nigeria, Oil, revenue

November 27, 2014

Oil price falls further as OPEC decides against reducing global supply

by Tunji Andrews The Organisation of Petroleum Exporting Countries, OPEC, has decided against reducing the global supply of crude oil, which had created a glut and subsequently crashed the price of the black gold, to a four-year low. It had been expected that on Thursday, members of OPEC, who met in Vienna, Austria, will instead... Read More

Diezani Alison Madueke, nigeria, Oil, OPEC

November 18, 2014

Our GDP growth slowed down over the third quarter

by Tunji Andrews The National Bureau of Statistics in a report has stated that the economy grew by 6.23% in the third quarter of 2014. The publication which provided data on Quarterly Gross Domestic Product (GDP) estimates for the four quarters of 2013, the annual figure for 2013, and estimate for the first, second and... Read More

The News Blog

Dr Yemi Kale, GDP, NBS, nigeria, Oil, Statistics, Yemi Kale

September 24, 2014

Oando bounces back as second quarter results are released

by Tunji Andrews Oando Plc has just released its full year trading result to the floor of the Nigerian Stock Exchange. The company, which has 905,084,628 units of shares outstanding, declared a Turnover of N336.859 billion and a Profit After Tax of N10.096 billion for the period. In May of this year, the Toronto-listed Oando... Read More

ConocoPhilips, nigeria, oando, Oil, Petroleum, Wale Tinubu

August 24, 2014

The weapons to end Boko Haram in Nigeria are on the way – Army chief

by Azubuike Azikiwe Chief of Army Staff, Lt. Gen. Kenneth Minimah, says the army would end the terror attacks of the Boko Haram in northern Nigeria, once they receive a shipment of war equipment. Minimah said this while speaking at the 2 Brigade barracks, Port Harcourt. He disclosed that the Federal Government had placed orders... Read More

The News Blog

army, boko haram, bunkerers, Lt. Gen. Kenneth Minimah, nigeria, Oil, Port Harcourt

August 24, 2014

Opinion: The Northerners’ nonsense must stop!

by Bayo Oluwasanmi Nigeria has a highly complex and colourful social mosaic. The cultural diversity and heterogeneity makes this mosaic chaotic. The diverse culture and custom of Nigeria cannot be compared with the melting pot of the American society or with the multinational state exemplified by the now defunct Soviet Union. The foundations of federalism... Read More

Bayo Oluwasanmi, economy, elders, northern nonsense, Oil, south

July 9, 2014

Opinion: Dear NNPC, please bring back our refineries

by Solomon Ben Olonade The big question is simple: Should Nigerian refineries translate now from public to private ownership? Most true Nigerians will argue that the right principle for determining this question is that of national interest. Whatever is not in the best interest of the nation is a wrong option, no matter what... Read More

June 13, 2014

Tunde Leye: What happens when Nigeria’s oil finishes?

by Tunde Leye And as a result, we have organized ourselves as merely a collection of people bound together by how we share oil resources and access to oil. But we are not looking at what is going on in the world, and the realities that we face – our position is simply not sustainable.... Read More

core nations, finishes, nigeria, Oil, opinion, population, Tunde Leye, ynaija

May 11, 2014

Theophilus Ilevbare: Why the North’s dependence on oil revenue is festering terrorism

by Theophilus Ilevbare In the most dishonest manner, northern leaders have taken a stand in the face of profoundly disturbing spate of bloodletting; they blame the poverty in the North on the 13 percent derivation of oil revenue given to the Niger Delta states. The ongoing national conference has been fraught with some very controversial... Read More

dependence, north, Oil, opinion, revenue, theophilus ilevbare, ynaija

May 10, 2014

Tragedy: Nigerian, 2 others die in Ghana as helicopter crashes into the sea

by S’ola Filani Three people, including a Nigerian, were killed while several others sustained injuries on Thursday when a helicopter carrying eight passengers crashed off Ghana’s western coast. Confirming the news, Ghana Armed Forces spokesman M’Bawine Atintande told Newsmen that the Ghana-registered chopper, which was conveying eight people, including two crew members and six oil... Read More

british, Crash, France, Ghana, helicopter, M'Bawine Atintande, Oil, sea

April 7, 2014

Frank Onuoha: Nigeria is the largest economy in Africa – why we should care

by Frank Onuoha We made history – I like to think it is for good – by beating the South Africans to the race of becoming Africa’s largest economy and the 23rd largest economy in the world. When I read that, I thought “Wow!! Isn’t this lovely?” It is certainly a good thing that we... Read More

economy, Frank Onuoha: Nigeria is the largest economy in Africa- why we should care, great wealth, greta responsiblilty, largest economy, nigeria, Oil, Oil and Gas, oil economy, opinion, petrol, Petroleum, responsiblity

April 5, 2014

7 (easy) ways to look younger no matter your age

by Jennifer Houston Every woman wants to look younger, whether she is 30 or 60. As we get older, we tend to lose the natural, beautiful glow of our skin. Fortunately, there are some tips and tricks to use to look younger no matter your age. The main tip to follow is to take... Read More

body intake, daily intake, exercise, hand care, intake, look younger, looking younger, make up, Oil, Protein, protien intake, salads, skin, taking care of your skin, vitamin C

April 1, 2014

Atiku Abubakar: What the National Conference should focus on

by Atiku Abubakar I come from the north, and I can tell you that government’s reliance on oil revenues has virtually destroyed the economy of the north, and no part of Nigeria has been left unaffected. I had publicly expressed reservations about the National Conference that has just been inaugurated by President Goodluck Jonathan, especially... Read More

Agenda, dependence, economy, intention, National Conference, nigeria, north, Oil, opinion, SOVEREIGN, timing, ynaija

March 14, 2014

Opinion: 5 reasons why striking oil in the North may remain a mirage

by Zainab Suleiman Okino In a nutshell, striking oil in the North is becoming a mirage and a political tool in the hands of politicians to toy with. The North and the country in general may have to look elsewhere to fund their huge capital and recurrent expenditures and insatiable avarice. My vague recollection of... Read More

1999 Constitution, adanawa state, exploration, lake chad basin, Northern Nigeria, Oil, opinion, southern Nigeria, ynaija, zainab okino

March 11, 2014

Femi Aribisala: Northern Nigeria has more resources than the South

by Femi Aribisala Our Niger-Delta brothers should not get too carried away by their oil. If their oil is a national resource today, so will Northern agriculture and agro-allied industries be national resources tomorrow. Oil is a wasting asset. IN 2005, Goldman Sachs Investment Bank forecast that Nigeria will be the 20th largest economy in... Read More

Femi Aribisala, goldman sachs, northern nigeriah, Oil, opinion, South-south, southern Nigeria, survive, ynaija

March 8, 2014

Opinion: Let’s fact-check Sadiq Abacha’s letter to Wole Soyinka

by Okechukwu Ofili I broke down Sadiq’s letter and researched his claims written in bold font below. My goal was to be as objective as possible, without showing any bias. Yesterday, I read Sadiq Abacha’s letter to Wole Soyinka. My immediate gut reaction was to immediately mark down the article as one of many crazed and delusional... Read More

barrel, facts, fani-kayode, Oil, Okechukwu Ofili, opinion, Sani Abacha, shonekan, Wole Soyinka, ynaija

March 8, 2014

Opinion: National Conference – The Ogonis are a part of Nigeria too

by Saatah Nubari The fact that the Ogoni’s have always addressed the issues of injustice meted out to them peacefully, without carrying arms or detonating bombs, right from the days of the late Human rights and environmental activist, Ken Saro-Wiwa to the present set of leaders, should have made the organizers of this event make... Read More

economy, ken sarowiwa, list, ogoni people, Oil, opinion, representation, Rivers State, Saatah Nubari, ynaija

March 7, 2014

For the Record: Full text of Dr. Oby Ezekwesili’s speech at the APC National Summit in Abuja

THE UNCOMFORTABLE TRUTH OF ELUSIVE ECONOMIC DEVELOPMENT- NIGERIA’S CENTURY OLD FAILURES AND PROSPECTS FOR A NEW NIGERIA The unwillingness of any group of political elite to understand this emerging power of the Office of the Citizen can only be a loss to the former and yet another missed opportunity added to our canvass of political... Read More

apc summit, GDP, keynote, nigeria, Obiageli Ezekwesili, Oil, olusegun obasanjo, speaker, Speech, ynaija

February 16, 2014

Simon Kolawole: NNPC- The death of a dream

by Simon Kolawole Imagine: NNPC’s operations could have been very transparent, meeting every standard of global best practice. NNPC could have been the pride of Nigeria, a jewel in the crown. It could have been a Shell, not the empty shell it is today, fully content with being a plaything. Heartbreaking. That is the story... Read More

1977, CBN, crown, jewel, nigeria, nnpc, Oil, olusegun obasanjo, opinion, President Goodluck Jonathan, Sanusi Lamido Sanusi, simon kolawole, statoil, transparent, ynaija

February 7, 2014

Akin Osuntokun: For every Dangiwa Umar, there is Ango Abdullahi

by Akin Osuntokun Personally I cannot wait for the day when my sense of dignity will be enhanced by the knowledge that Nigerians no longer need to prostrate before the gods of the Niger Delta to get their daily bread; when I can call the bluff of Asari Dokubo, look him in his crude oil... Read More

Akin Osuntokun, Ango Abdullahi, Asari Dokubo, commentators, Lord Lugard, Northern Nigeria, Oil, opinion, poor education, report, southern Nigeria, ynaija

Nasir El-Rufai: Why Buhari must kill NNPC

President Muhammadu Buhari dissolves NNPC board

EFCC arraigns 14 foreigners for illegal oil dealing

Immanuel Ugwu: Dear Diezani, you are running in vain

Immanuel Ugwu: Will the APC be another eatery?

Opinion: What Buhari must do to lead the nation aright

Tell the world how much you love your mom and get rewarded for it

Seplat shuts down Oben plant to expand, improve gas delivery

@ToksEro: Oil, Nigeria’s economy and the future (Y! FrontPage)

@9jaBloke: Oil, corruption and Nigeria’s economic crisis

Import substitution programmes set to kick off over oil prices

Oil price falls further as OPEC decides against reducing global supply

Our GDP growth slowed down over the third quarter

Oando bounces back as second quarter results are released

The weapons to end Boko Haram in Nigeria are on the way – Army chief

Opinion: The Northerners’ nonsense must stop!

Opinion: Dear NNPC, please bring back our refineries

Tunde Leye: What happens when Nigeria’s oil finishes?

Theophilus Ilevbare: Why the North’s dependence on oil revenue is festering terrorism

Tragedy: Nigerian, 2 others die in Ghana as helicopter crashes into the sea

Frank Onuoha: Nigeria is the largest economy in Africa – why we should care

7 (easy) ways to look younger no matter your age

Atiku Abubakar: What the National Conference should focus on

Opinion: 5 reasons why striking oil in the North may remain a mirage

Femi Aribisala: Northern Nigeria has more resources than the South

Opinion: Let’s fact-check Sadiq Abacha’s letter to Wole Soyinka

Opinion: National Conference – The Ogonis are a part of Nigeria too

For the Record: Full text of Dr. Oby Ezekwesili’s speech at the APC National Summit in Abuja

Simon Kolawole: NNPC- The death of a dream

Akin Osuntokun: For every Dangiwa Umar, there is Ango Abdullahi

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