Special Report

Can Agriculture Replace Crude? Experts reveal path to Nigeria’s export revival

By Cynthia Alo For more than five decades, crude oil has remained the dominant pillar of Nigeria’s economy, displacing agriculture from the position it once occupied as the country’s major source of revenue and foreign exchange. However, with the global shift towards cleaner energy and growing concerns over the sustainability of oil dependence, experts are […]
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Ocean surge: Oil communities under siege

OGHEYE threatened by sea incursion: OGHEGHE, a riverside oil community in Warri North Local Government Area of Delta State used to be a burstling neighborhood, some years ago, with a large population of Itsekiris and Ilajes from Ondo State, engaged principally in fishing business, but in the present day, it is a silhouette of itself.

$3M BRIBERY SCANDAL: Reps gamble with Gambo Ethics Committee

Some of members of the House of Representatives have expressed displeasure over the embarrassing dimension the bribery scandal involving the former Chairman of the House’s Adhoc Committee on Petroleum Subsidy Regime Farouk Lawan assumed last Tuesday.

The fuel subsidy imbroglio and EFCC’s nonchalance

The Economic and Financial Crimes Commission, arguably the nation’s most prominent and most recognizable agency in the fight against wanton graft and economic crimes sure has its hands full.

The Sun on these rubbles

When the last Wednesday downpour began, residents in Lagos and Ogun states were gripped in palpable fear. The almost 24-hour rain which recorded in its wake colossal lose of properties, submerged communities and displaced persons. Saturday Vanguard team reports that vestiges of its aftermath populate the affected areas like sand dunes in the Sahara desert.

The Aig-Imoukhuede-led committee report (5)

Imported petroleum products are distributed through a combination of vessel discharges, pipeline throughputs to depots and truck movements to (filling) stations

The Aig-Imoukhuede-led committee report on subsidy (4)

THE revision of the eligibility criteria for oil marketing and trading companies in the PSF guidelines by PPPRA amended the requirement for the proof of ownership of storage facilities with a minimum storage capacity of 5,000MT for the particular product to include a valid throughput agreement of storage facility with a minimum storage capacity of 5,000MT for the particular product.

Amnesty over for now -Tompolo

For now, I will not support third phase in this amnesty programme. This is because this thing has turned to business and by the time we start a third phase, demand will also come for a fourth phase

We’ll break oil cabal – Tompolo

HE is popularly known as Tompolo, an ex-militant leader that once evoked terror in the Niger-Delta. Most people don’t know him by his bonafide name, Government Ekpemupolo, not to mention that he is a High Chief of Gbaramatu kingdom, Warri South-West Local Government Area of Delta State.

How they shared subsidy money (2)

A REQUIREMENT for the presentation of guarantees or performance bonds (issued by Nigerian banks) by oil marketing and trading companies participating in the scheme on a transactional basis as a mitigant against the presentation of false subsidy claims.

PROBE PANELS: As by-products defeat essence of probe

THE year was 2007, while the setting was the Aso Rock Presidential Villa in the Federal Capital Territory, Abuja. And the event of the day, was a courtesy visit by World Bank Vice President for Africa, Dr. Oby Ezekwesili. On hand to host the visiting World Bank Chief, was President Umar Musa Yar’Adua.

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