THE Nigerian National Petroleum Corporation, NNPC, weekend, said government revenue from upstream oil industry joint venture and production sharing contracts agreements would increase to $300 billion following passage of the Petroleum Industry Bill, PIB.

Indications emerged, yesterday, that BankPHB may be heading for more trouble as its former Managing Director, Mr. Francis Atuche, is said to have demanded from the bank payment for his four years off-shore allowance which he did not collect following the payment of same to the new MD who worked for only three months and collected $120,000 leave allowance.

…says request constitutes abuse of court process By Ise-Oluwa Ige ABUJA—The Federal Government yesterday asked a Federal high court sitting in Abuja to refuse a request by radical Lagos lawyer, Mr Femi Falana, seeking to refer to the Court of Appeal three constitutional questions touching on whether it is legal and constitutional for President Umaru […]

By Chidi Nkwopara OWERRI—Officers of the Movement for the Actualisation of the Sovereign State of Biafra, MASSOB, have condemned the abduction of  Chief Ralph Uwazuruike, founder of the organisation by security personnel from Owerri to Kuje Prison, Abuja, describing it as “an act of cowardice.” MASSOB made its feelings known in a statement by the […]

…appoints Lar, Kwande co-chairman By Daniel Idonor ABUJA—THE Federal Government yesterday announced the constitution of a high power 15-man committee with membership drawn from the two major religious groups in Plateau State to fashion out ways of achieving lasting peace on the troubled plateau. This was one of the decisions reached at a meeting on […]

…expresses fear over Anambra election By Emmanuel Aziken ABUJA—The Southeast zone of Save Nigeria Group, SNG, yesterday flayed the reported endorsement of President Umaru Yar‘Adua’s absence from the country by Southeast Governors, saying their action was not reflective of the wishes of their people. Leading members of the group at a briefing in Abuja yesterday […]

By  Tony Edike AWKA—AS Anambra State governorship election draws near, indications have emerged that some political parties contesting in the poll, may have concluded plans to release unsubstantiated allegations to smear the reputation of the Peoples Democratic Party, PDP,candidate Professor Chukwuma Soludo. This disclosure is contained in a statement by Soludo’s Media Assistant, Mr. Bonaventure […]

Elder statesman and Chairman, Peoples’ Democratic Party, PDP, Caretaker Committee in Plateau State, Chief Abu King Shuluwa, has berated the National Assembly for failing to address the lingering political logjam that has trailed the prolonged absence of President Umaru Yar’Adua from the country.

LAGOS—The Action Congress, AC, has hailed the ACF’s position over the statement of the Federal Executive Council, FEC, on President’s Yar’Adua ability or otherwise to meet the functions of office, in view of the illness that has taken  him away for over two months now. In a statement in Lagos yesterday by its National Publicity […]

By Kingsley Omonobi ABUJA—In its bid to reposition the force for the challenges of flying and adherence to strict professionalism, the Nigerian Airforce yesterday effected a major shake up in its hierarchy with the redeployment of seven Air Vice Marshals, 33 Air Commodores and 42 Group Captains. Among the newly redeployed senior officers is Air […]