Beco Petroleum records 39% dip in Q3 profit

Beco Petroleum records 39% dip in Q3 profit

Beco Petroleum Plc has recorded significant decline in its key financial indices, with its profit before tax dropping by 39.06 per cent to N86.89 million. This is in comparison with a profit after tax of N142.58 million recorded in the comparable period of 2009.
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Group sues PDP, 56 other parties over zoning

Group sues PDP, 56 other parties over zoning

A political pressure group, People’s Zone Alliance, PZA, has taken the People’s Democratic Party, PDP, and the 56 other political parties in the country to court to seek an interpretation over the issue of zoning ahead of the 2011 elections.

N2.3bn fraud: ICPC files fresh charges against Ogbulafor, 2 others

N2.3bn fraud: ICPC files fresh charges against Ogbulafor, 2 others

The Independent Corrupt Practices and Other Related Offences Commission, ICPC, yesterday, re-arraigned former chairman of the Peoples Democratic Party, PDP, Prince Vincent Ogbulafor with two others, before an Abuja high court , over a 17-count amended criminal charge, bothering on an alleged N2.3billion fraud.

Jega’s INEC

Jega’s INEC

The first of these pitfalls is the fact that President Goodluck Jonathan failed to adhere to the recommendations of the Uwais Panel on the appointment of INEC chairman, a recommendation that would have required him to make his choice from among nominees recommended by the National Judicial Council, before sending his choice to the Senate for ratification.

Gas flaring, another threat

Gas flaring, another threat

STATISTICS about gas flaring in Nigeria and its impact on the environment are staggering. Just like with oil spills, governments have set deadlines for oil companies to stop the damage to lives and the environment to no results.

2011:Will Amaechi sail unopposed in Rivers ?

2011:Will Amaechi sail unopposed in Rivers ?

UNLIKE many other states in the country where build up to the 2011 election has started gathering momentum Rivers State is different. There is no poster on any street in the state capital at the moment announcing aspiration to run for the governorship race next year. It is still not clear what could be responsible for this.

Health minister appeals to doctors over pay

Health minister appeals to doctors over pay

MINISTER of Health, Prof. Onyebuchi Chukwu, yesterday, appealed to the National Association of Resident Doctors, NARD, not to embark on another round of nationwide strike.

Ex-NDLEA chief,  Lafiaji, aide jailed

Ex-NDLEA chief, Lafiaji, aide jailed

FORMER Chairman of the National Drug Law Enforcement Agency, NDLEA, Alhaji Bello Lafiaji, and his Personal Assistant, Usman Amali, were sentenced to a total of 16 years imprisonment, yesterday, after they were found guilty of conspiracy and abuse of office by a Lagos High Court.

Court orders Obi’s immediate arrest

Court orders Obi’s immediate arrest

The Federal High Court sitting in Owerri has ordered the immediate arrest of Chief Innocent Obi over his repeated absence in the fraud suit he instituted against Nze Chikwe. Chief Obi had petitioned the Economic and Financial Crimes Commission, EFCC, alleging that Nze Chikwe duped him of N40 million and the latter was, on the strength of the allegation, arraigned in the Federal High Court, Owerri, to answer the charges levelled against him.

Jonathan names Barth Nnaji adviser on power

Jonathan names Barth Nnaji adviser on power

AS promised during his maiden “Presidential Media Chat,” a live television programme on Sunday, President Goodluck Jonathan, yesterday, approved the appointment of Prof. Barth Nnaji as Special Adviser on Power.

Doctors laud Delta on teaching hospital

Doctors laud Delta on teaching hospital

DELTA Doctors in Diaspora, DDD, has described the newly inaugurated Delta State University Teaching Hospital, and the Nigerian Navy Logistics Command Headquarters, Oghara, as enduring legacies of democracy that will boost the security and health needs of the people of Delta State and the entire Niger Delta region.

Group hails Jega’s  nomination as INEC boss

Group hails Jega’s nomination as INEC boss

THE Centre for Informed Choice, CIC, a non-governmental organisation, has described the nomination of Prof. Attahiru Jega as the Chairman of the Independent National Electoral Commission, INEC, as a wake up call for Nigerians to rise to the task of defending the nation’s “wobbling democracy.”