Falling crude price: FG tasked  on gas development

Falling crude price: FG tasked on gas development

The Managing Director/Chief Executive Officer, Frontier Oil Ltd,Mr. Dada Thomas, has urged the Federal Government to strengthen its vast gas reserves to augment the losses being suffered as a result of the dwindling oil prices. Thomas, who said this recently at the Annual Lecture of Aret Adams Foundation in Lagos, also urged government to pay more attention to gas production as it is one of the country’s major revenue generation sources, even as he regretted that Nigeria had not given the sector the necessary attention before now.
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Saudi beheads rapist, murderers

Saudi beheads rapist, murderers

Saudi Arabia beheaded Tuesday a rapist and two murderers, bringing to 38 the number of death sentences carried out in the kingdom this year. Saudi Mohammed bin Ali bin Mohammed al-Bishi was convicted of raping his victim at gunpoint, the interior ministry said in a statement carried by the official Saudi Press Agency.

Between Jonathan and Buhari (2)

Between Jonathan and Buhari (2)

MY presidential ambition is not worth the blood of any Nigerian.”So said President Goodluck Jonathan before the 2011 presidential ballot. To this day, he has continued to reiterate his pacifist message.

Modest coffee consumption good for the heart

Modest coffee consumption good for the heart

People who drink three to five cups of coffee a day may have a lower risk of clogged arteries that can cause serious heart problems, a study said Tuesday. The South Korean research is the latest on the health effects of the popular brew, previously associated with a reduced risk of developing multiple sclerosis, Parkinson’s and Alzheimers disease. For the latest study, the team analysed data from 25,100 South Korean men and women, average age 41, who had undergone regular health screening.

Don’t remove Jega, Civil societies tell Jonathan

Don’t remove Jega, Civil societies tell Jonathan

The Nigeria Civil Society Situation Room (Situation Room) is worried about statements made by politicians and supporters of candidates vying for election calling for the removal of Prof. Attahiru Jega, Chairman of the Independent National Electoral Commission (INEC) in violation of S. 157 of the 1999 Constitution (as amended) guaranteeing the independence of INEC.

Jonathan would win over 90% of votes cast – Akpabio

Jonathan would win over 90% of votes cast – Akpabio

Ben Agande, Abuja. Rising from an over four hour meeting between the president as well as governors and candidates of the Peoples Democratic Party at the Presidential Villa in Abuja Monday Night, the chairman of the PDP governors Forum, Godswill Akpabio of Akwa Ibom State said that president Goodluck Jonathan would win over 90 percent […]

African leaders urge ‘Marshall Plan’ for Ebola recovery

African leaders urge ‘Marshall Plan’ for Ebola recovery

The leaders of the west African countries worst hit by Ebola called for more aid to eradiate the disease and rebuild their shattered economies at an international conference in Brussels Tuesday. Liberian President Ellen Johnson Sirleaf, Sierra Leone President Ernest Bai Koroma and Alpha Conde of Guinea urged the world to help their recovery as the number of new cases slows.

CBN should encourage  lending to oil, gas  companies – Fatona

CBN should encourage lending to oil, gas companies – Fatona

Layi Fatona is the Managing Director of Niger Delta Exploration and Production Plc, Nigeria’s foremost indigenous and independent operator of small to medium sized fields. He was the guest speaker at the Lagos oil club, where he enunciated the operations of the company in the last 10 years. He spoke to Sweetcrude on the sidelines as reported by Sebastine Obasi. Excerpts:

Bovi Ugboma  – On the Bankability of comedy

Bovi Ugboma  – On the Bankability of comedy

Nigerian comedian, husband, father and entertainer, Bovi Ugboma, always wanted to be an entertainer from when he was a child. With hard work, persistence and creativity, the 35-year old Theatre Arts graduate of Delta State University has achieved his life-long dream.

IS says US suicide bomber carried out Iraq attack

IS says US suicide bomber carried out Iraq attack

The Islamic State group said Tuesday a US citizen carried out a suicide attack against Iraqi forces involved in an operation to retake the jihadist-held city of Tikrit. “The brother Abu Dawud al-Amriki (may Allah accept him) launched himself with his explosives-laden truck against a gathering” of Iraqi forces and militiamen, an IS radio bulletin said.

Complete deregulation  is solution to fuel  shortages – MOMAN

Complete deregulation is solution to fuel shortages – MOMAN

The Executive Secretary, Major Oil Marketers Association of Nigeria, MOMAN, Mr. Obafemi Olawore, last week intimated journalists about efforts between government and oil marketers to avert fuel supply shortages. Clara Nwachukwu was there. Excerpts:

A girl is far more responsible for rape than a boy – Rapist

A girl is far more responsible for rape than a boy – Rapist

One of the men convicted of the gang-rape and murder of an Indian student that shocked the world has said he blames the victim for “roaming around at night”. The comments are made in a documentary to be screened on International Women’s Day. Mukesh Singh, who was sentenced to death for his crimes, said the […]

Global Ebola conference seeks end to W.Africa outbreak

Global Ebola conference seeks end to W.Africa outbreak

Leaders of Ebola-hit countries in west Africa will attend an international conference in Brussels Tuesday to mobilise a final push to end the outbreak and ensure the delivery of nearly $5 billion in aid pledges.

Elections postponement ‘ll cost Nigeria N400bn, says NAHCO boss

Elections postponement ‘ll cost Nigeria N400bn, says NAHCO boss

The acting Managing Director of the Nigerian Aviation Handling Company, NAHCO, Plc, Mr. Nobert Bielderman, Monday, said that the postponement of the 2015 general elections for six weeks by the Independent National Electoral Commission, INEC, will have an adverse impact on the Nigerian economy to the tune of $2bn (over N400bn) loss.

1b new mobile subscribers expected by 2020 – GSMA report

1b new mobile subscribers expected by 2020 – GSMA report

By Emeka Aginam, in Barcelona, Spain While mobile operators around the world are making significant investments in next-generation mobile networks to meet capacity demands and expand coverage reach, a major new GSMA report published on Monday at the ongoing Mobile World Congress holding in Barcelona, Spain has revealed that an additional one billion people will […]