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PIB’s Fiscal Regime: A Moment of Truthfulness

PIB’s Fiscal Regime: A Moment of Truthfulness

I’m starting to have this sinking feeling that meaningful opportunities are slipping away from the Petroleum Industry Bill’s (PIB) debate – particularly its fiscal regime. Stakeholders are threading the 2009 PIB path of self-destruct. Although, the global debate regarding oil and gas fiscal regime is not new and will continue for ages, one wonders the motive behind the IOC’s recent chutzpah of debagging the PIB on the pages of Newspapers instead of a constructive discourse.

Gunmen kill 7, injure 4 in Kaduna

Gunmen kill 7, injure 4 in Kaduna

No fewer than seven persons have been reportedly killed in an attack on Adu village in Atakad Chiefdom, Kaura Local Government Area of Kaduna State by about 20 gunmen, yesterday.

UBA restructures, makes mgt appointments

UBA restructures, makes mgt appointments

United Bank for Africa,UBA, Plc, yesterday, announced a major restructuring that will enable it actualise its corporate vision of a true Pan-African bank.

Crises beautify democracy – Wike

Crises beautify democracy – Wike

Minister of State for Education, Nyesom Wike, in this brief encounter with Vanguard, speaks on the mini-convention of the People’s Democratic Party, PDP, and the crisis rocking Rivers State. Excerpts:

Our commitment to Nigeria stronger than ever  – Ford

Our commitment to Nigeria stronger than ever – Ford

Ford Motor Company has declared that its commitment to the Nigerian auto market is stronger than ever, just as it announced a 33 per cent sales increase in Nigeria, last week. Eugene Prinsloo, Ford Motors Senior Manager, Sub-Sahara Africa, (SSA), who led other senior Ford management team to Nigeria, said at a press parley at the Federal Palace Hotel, Victoria Island, Lagos that Nigeria is a very significant market in Ford’s sub-Sahara Africa region and accounts for a solid chunk of its regional sales.

Why Atiku, others broke away

Why Atiku, others broke away

Plausible reasons why former Vice President, Atiku Abubakar, and seven governors of the Peoples Democratic Party, broke out and formed a parallel faction of the party, have begun to emerge.

Matters arising from investors’ complaints

Matters arising from investors’ complaints

Since it debuted February this year, Investors Forum has been receiving complaints from investors on a weekly basis. The subjects of these complaints are very revealing in terms of the plight of investors, in the Nigerian capital market, especially the retail investors.

Mokola flyover: Ajimobi’s spin doctors exposed

Mokola flyover: Ajimobi’s spin doctors exposed

THE much trampled people of Oyo State woke up on a certain morning to the saddening report that some disgruntled members of the opposition in the state had connived the night before to destroy the precious and (in) famous Mokola flyover.

Lagos rail project receives UK boost

Lagos rail project receives UK boost

IF the promise of the British Deputy High Commissioner to Nigeria, Mr. Peter Carter, is anything to go by, British investors will soon key into the multi-billion naira Lagos Blue Line (Okokomaiko-Marina) Rail Project. This is in addition to the support of the British Government via the Department for International Development (DFID).

Enugu community protests alleged hijack of land by monarch

Enugu community protests alleged hijack of land by monarch

ENUGU—Hundreds of placard carrying natives of Ogonogo Eji Ndiagu and Ndiuno Akpugo Autonomous Community last weekend stormed Government House, Enugu, protesting the forceful take over of their lands by a traditional ruler in the area.