Governor Chibuike Amaechi, who disclosed the new academic arrangement at a special thanksgiving service for Bishop Chinasa Nwosui in Port Harcourt yesterday, said inadequate staffing of quality teachers in secondary schools in the state was having effect on children in tertiary institutions, stressing it was necessary to check the drift.

The youths, who were reacting to a publication by Ijaw Youth Council (IYC) in Vanguard that it had affirmed Idehen’s nomination, distanced Bini youths from the publication, asserting that as “far as the exalted office of the representative of Niger Delta Development Commission is concerned, no strangers or visitors either based in Edo or Ondo State can decide for the Binis.

They accused Lagos State government of not providing alternative markets to them before embarking on the demolition exercise.

Ihonbvere, who commended the South-South governors for their decision, told Vanguard in Benin City that “the issues they (governors) raised were very critical and could not be ignored. The issue of down-grading PTI and then voting over 14 billion Naira for another university in Kaduna, to me, is provocative. Any person from the South-South must see it that way. The PTI was already moving towards establishing itself as a full university.

THE Director-General of the Nigerian Stock Exchange, Professor Ndi Okereke-Onyiuke, has alleged that the tools applied by international rating agencies to rank exchanges were to the disadvantage of the local stock exchange. Okereke-Onyiuke who was speaking recently during the Capital Market day at this year’s convention of the Association of Nigerian Physicians in the Americas (ANPA), in Abuja , said the Nigerian stock market has been recovering at a very fast rate compared to other markets globally.

THE Federal government has announced that expenses on Low Pour Fuel Oil (LPFO) to run the Egbin thermal station due to a shortage in gas supply has gotten as high as N1.8 billion naira per month, even as it has commenced plans to develop coal power plants near large coal deposits in the country.

BANNER Energy, a wholly owned indigenous company with operations in the gas sector has commenced moves to roll out about 1000 Liquefied Petroleum Gas (LPG) retail plants throughout the country.

By John Owubokiri THE oil politics of Nigeria is as aggravating as it is comical. The Babangida government magnanimously gave back 4% of revenue accruing to oil sales and in the present 1999 Constitution the figure was increased to 13%. Ladies and gentlemen, is it not an incongruity to the property belonging to people and […]

TOTAL E&P Nigeria Limited has been commended for its laudable sustainable development initiatives. The commendation was made by the Senate Committee on Petroleum (Upstream) when some of its members recently inspected community projects in the company’s operational area in OML 58 in Rivers State. Projects inspected included roads, hospitals, schools, farms, the Egi independent power plant, among others.

FOR two years the price of oil has been dangerously volatile, seemingly defying the accepted rules of economics. First it rose by more than $80 a barrel, then fell rapidly by more than $100 before doubling to its current level of around $70. In that time, however, there has been no serious interruption of supply.