EVEN as the Federal Government and organised labour last week set up a committee to work out the modalities for the implementation of the planned full deregulation of the downstream sector of the Petroleum industry, a professor of Policy Analysis and Development Studies, Sam Amdii, has declared that government can hardly deregulate a market it has little muscle to control or check.

Insurance companies in the country have been offered a leeway for them to break into new markets in Cameroon as the African Insurance Organisation (AIO) leads over 40 countries to Douala this month.

Dr. Teslim Sanusi, the President of the Nigerian Council of Registered Insurance Brokers (NCRIB) in this interview with Patience Saghana of Sweet crude explains the implications of the proposed N100million capital base for brokers, the damage repair being embarked upon by the body and the neglect of local brokers by NNPC and many more.

Custodian and Allied Insurance Plc is leading 39 other insurance companies on the 2010/2011 Nigerian National Petroleum Corporation- Consolidated Insurance Policy (NNPC-CIP) just as co-insurers on the accounts are commending the lead insurer over the way and manner it has coordinated the accounts.

Seven persons among them two soldiers were reportedly killed today (Tuesday) at Okolobiri in the outskirts of Yenagoa the Bayelsa State following a violent clash between men of the Joint Taskforce (JTF) and suspected Egbesu cultists.