THE Environmental Rights Action/Friends of the Earth Nigeria, ERA/FoEN, yesterday, called on the Federal Government to set up without delay $100 billion Niger Delta Restoration Fund and compel Shell Nigeria to clean up its hydrocarbon pollution in Ogoniland.

Inadequate human capacity has been identified as a reoccurring phenomenon in the insurance industry and is prone in the underwriting arm of the sector.

Royal Dutch Shell PLC (RDSB.LN) has notified the Nigerian government that it is interested in buying some of U.S. firm Chevron Corp’s (CVX) Nigeria oil licenses, said a senior Nigerian government official Thursday.

MR. Bode Adediji is the immediate past President, Nigerian Institution of Estate Surveyors and Valuers. NIESV. In this interview, the alumnus of University of Ife, (now Obafemi Awolowo University) proffered solutions to the incessant collapse of buildings in the country. Excerpts:

Asaba—ANOTHER clash between cattle rearers and a community over indiscriminate grazing is imminent in Delta State, despite assurance from the state government and security agents to check the activities of the herdsmen.

Insurance providers want a clearer picture of the potential hazards of deep well hydraulic fracturing in U.S. shale plays as they weigh the costs of covering the risks – or consider whether to provide insurance at all, industry officials and experts say.

The Nigeria Extractive Industries Transparency Initiative (NEITI) has called on the National Assembly to use the opportunity presented by the Petroleum Industry Bill (PIB), to ensure uniformity in addressing community problems in mineral producing areas.

An indigenous oil and natural gas drilling company, Petron Drilling Fields Nigeria Limited, said the US$100 million (N16 billion) financing deal it secured from the United States’ Export Import Bank is being utilized for acquiring a land drilling rig to be used in launching its operations in the Nigerian oil and gas sector.

It is barely one week to the expiration of the 90-day ultimatum issued by the United States Coast Guard to the Federal Government to ensure proper implementation of the International Ship and Port Facility Security (ISPS) Code for port security, or face sanctions.

The PIB couldn’t have been clearer about the issue of transfer pricing. Section 353(4) of the PIB proposes an amendment to section 22 of the Company Income Tax Act (CITA), which addresses transfer pricing while providing for payment of additional tax based on selling prices of crude oil and condensate exported by a company based, on fair market value.

THE Global Initiative for Safe Injection and Medical Waste Management, GIFSI, has raised alarm over the potential hazard of non-immunisation of all categories of Nigerian healthcare workers against hepatitis B & C, and called for establishment of a Presidential Task Force on Injection Safety to curb the menace.

A Pan-Nigeria road safety campaign, a partnership between ExxonMobil and the Federal Road Safety Corps (FRSC), has been launched in Akwa Ibom State.

Fresh attacks by gunmen suspected to be members of Boko Haram Islamist sect has left at least 35 persons dead, including two soldiers and a policeman, with several others injured in Borno State, military officials said.

AN urgent appeal has gone to the Niger Delta Development Commission, NDDC, to re-award the Otuabagi shore protection project in Bayelsa State to a competent contractor.

IT initially appeared like a joke – a very bad joke- when Senator Ahmed Sani Yerima took the microphone at a hearing of the Senate constitution review committee, which had earlier recommended alteration of section ‘29’ of the constitution that deals with the manner of renunciation of citizenship, questioning why the section dealing with age of a married woman was deleted, describing the move as “un-Islamic”.