The Nigerian Association of Petroleum Explorationists (NAPE) advised at the weekend that the Federal Government and the International Oil Companies (IOC) should close ranks on a deadline to stop flaring of 20 billion cubic metres of gas yearly in Nigeria. NAPE President, Victor Agbe-Davies who gave the counsel in an interview at the 9th University […]
Yar’Adua Moves To Amend Land Use Act
President Umaru Yar’Adua has forwarded to the National Assembly for urgent consideration a Bill to amend the Land Use Act. The move is in keeping with his pledge to amend the Act in a way that would promote economic development. A statement issued on Sunday by his Media Adviser, Segun Adeniyi, said Yar’Adua has written […]
FG Sacks NAMA MD, Nine Other Aviation Chiefs
Nigerian Airspace Management Agency (NAMA) Managing Director, Ado Sanusi, and some Directors were swept away by a gale that hit the aviation industry on Thursday, which the government hopes would reposition the sector. The announcement, made by Aviation Minister, Babatunde Omotoba, redeployed some Directors. Sanusi was replaced by pioneer NAMA Managing Director, Ibrahim Auyo. Sacked […]
Corruption: Swiss Banks To Reveal Secret Accounts
Nigerians with secret Swiss bank accounts may have to look elsewhere to stash their loot as previously inaccessible accounts in Switzerland are to be turned over to the American Government. This followed an agreement by UBS, a Swiss bank, to pay $780 million and hand in secret Swiss bank records to settle allegations […]
Economic Meltdown: FG Urged To Consider Naira Printing Option
Group managing Director of Global Fleet and NICON Group, Jimoh Ibrahim, has implored the Federal Government to start printing the naira as a bailout option for the economy not to go into recession. Ibrahim, who is also a member of the business Support Group for the Vision 20 2020 said during a meeting with newsmen […]
Peace Conference On N’Delta Opens In Abuja
A non-governmental organisation (NGO), Niger Delta Peace and Development Centre (NDPDC), has charged militants in the region to eschew violence and embrace dialogue in their struggle for the development of the area. Speaking on Tuesday in Abuja at the inaugural dialogue organised by the Centre, a member of the Rivers State House of Assembly and […]
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