THE Ijaw Peoples Development Initiative, IPDI, yesterday, pointed fingers at President Muhammadu Buhari, saying that with his body language and actions so far, he was laying ambush for Niger-Deltans.

Some of the protagonists in the leadership crisis which has polarised the House into two factions had in a media briefing assured that the warring factions in the squabble have decided to embrace peace and had adopted the Speaker, Yakubu Dogara’s sharing formula of keeping to the spirit of federal character.

Enugu State election petitions tribunal has upheld an application by the candidate of the All Progressives Grand Alliance, APGA, in the Enugu East senatorial election, Nwabueze Okafor for issuance of pre-trial proceedings in his case against Senator Gilbert Nnaji of the Peoples Democratic Party, PDP.

Nigeria’s external debt stock as at second quarter 2015 stood at about USD10.3 billion, over 10 per cent increase, against USD9.5bn recorded in the first quarter of the year, just as the Federal Government revenue rose to N485.95 billion, up from May figure of N324.7 billion.

THIS subject matter has been on the policy agenda since the General Olusegun Obasanjo’s administration, and is still a major decision point for the new General Mohammadu Buhari’s administration. I have noticed that some commentators on this issue mistake deregulation of fuels prices with the deregulation of the entire downstream petroleum sector (which comprises of refining, supply and distribution, supply and distribution infrastructure such as pipelines, depots, terminals, etc, and finally retail fuel stations).

PETROLEUM engineers have argued that the dwindling global oil price has been identified as an incentive to investors in upstream sector of the country oil and gas industry. The Council Chairman, Society for Petroleum Engineers, SPE, Mr. Emeka Ene, made this known in an interaction with journalists ahead of the 39th Nigeria Annual International Conference and Exhibition, NAICE, billed to hold between August 4 and 6, 2015, at Eko Hotel and Suites, Lagos.

The hope that today’s resumption of the House of Representatives would proceed on a peaceful note was hinged on a positive outcome from last night’s meeting between President Muhammadu Buhari and members of the All Progressives Congress, APC caucus in the House. That meeting was yet to commence as at press time yesterday.

NIGERIA’S crude oil and gas exports dipped by $5.66 billion, about N1.13 trillion to $13.3 billion in the first quarter of 2015, according to the Central Bank of Nigeria, CBN. The CBN, in its External Sector Development Report for the first quarter of 2015, stated that crude oil and gas exports component declined from $18.96 billion and $20.85 billion in the fourth and first quarter of 2014 respectively to $13.30 billion.

PORT HARCOURT— Police in Rivers State have arrested a three-man kidnap gang that killed their victim and still collected N500,000 from the family after promising to release him.

Though the Mercedes C-Class is unarguably, one of the most powerful cars in its segment, yet Mercedes-Benz is not relenting in making it better. The new C-Class has become the yardstick for measuring luxury, safety and general performance in its class. It is therefore, no news that the Mercedes-Benz C-Class delivers impressive driving dynamics and takes aesthetic motion to a new level, thereby setting standards for the medium size category on many fronts.

The President/CEO of Coscharis Motors, Dr. Cosmas Maduka has decscribed the new Jaguar XE as the most advanced, efficient and refined sports saloon car that Jaguar ever produced. The Coscharis boss stated this during the launch of the new Jaguar XE saloon car at the Eko Hotels Lagos. “While it is quite unusual to launch a vehicle this way in this market, we must remark that the Jaguar car we are launching today is also an unusual vehicle. A special pick out of the pack with the latest Jaguar innovation, technology, powertrain and design that cuts across gender, he said”

“Assuming but without conceding that the notices issued by the Defendants have been validly issued, a declaration that the portion of land opposite the Claimant’s plot (Plot 8, Block 138, Lekki Peninsula Residential Scheme 1, Lagos State) does not constitute Block 139, Lekki Scheme 1, Lagos State, but is a NEPA Reservation as provided under the Operative Development Plan in Plan No. LS/D/LA 516b forming part of the Claimant’s Certificate of Occupancy dated June 14, 1998 by virtue of the deed of assignment dated March 20, 2005″.

Falana who spoke at the 7th Annual Distinguished Lecture organised by the Lagos branch of the Nigerian Institute of Quantity Surveyors, NIQS in Lagos stated that instead of sanctions, such culprits should be made to face the full weight of the law. Speaking on “Leadership, Socio-Economic Impasse and Shortage of Infrastructural Development in Nigeria”, Falana charged quantity surveyors to “take control and rid yourselves of quacks who destroy the integrity of your profession before members of the public”.

Thank you for transporting the grand recollections, hopes and outlook that we shared during our days in what we knew as the greatest citadel of learning in Africa. In search for greener pastures, shortly after we left Obafemi Awolowo University, I stumbled on a closely held secret. Our academic curriculum was enormously designed by and after the University of Michigan.

A middle-aged man (names withheld), was weekend allegedly beheaded by one Ogo Nwaji at Amanato, Onicha Igboeze, in Onicha Local Government Area of Ebonyi State over a debt of N200.