Sweet Crude

Wike: The other side of a fighter, by Donu Kogbara

I went home to Rivers State last weekend to participate in a celebration and Anglican thanksgiving service. They were hosted in Koroma, Tai Local Government Area, by Senator Barinada Mpigi, a fellow Ogoni and friend. And the special guests of honour were Chief Godswill Akpabio, the Senate President, and Chief Nyesom Wike, our former governor […]
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Challenges before Sada, Nigeria’s 15th mines and steel minister

In it s15 years as a full fledged Ministry, the Ministry of Mines and Steel Development in March this year produced its 15th Minister, Arch. Musa Mohammed Sada. That means that the average staying period of a Minister in this Ministry is just about a year. At its best, Sada would have to put in […]

Oil, gas insurance requires conventional treaty, training Lasaco ED

by Patience SAGHANA Nigerian insurance industry could enhance its capacity and confidence in the oil and gas insurance business if insurance companies can do more of conventional reinsurance treaty and expose their staff to more training. Those are the submissions of Mr Jide Wright, Executive Director of the Lasaco Assurance Plc in an interview with […]

Eni’s discoveries set stage for block 15/06 oil hub

Following Petrobras’ announcement in February, Eni and Sonangol confirmed two new oil discoveries in Block 15/06 with the exploration wells Nzanza-1 and Cinguvu-1, offshore Angola. Both wells are located around 350km north-west of Luanda in 1,400 meters of water depth and successfully reached the targets in the Lower Miocene layers, where oil pay sands with […]

Nigerian stone sector to create 1m jobs —World Bank

by Luka BINNIYAT ABUJA The Project Coordinator, Sustainable Management of Mineral Resources Project (SMMRP) Mr. Linus Adie has cited a World Bank study on Nigerian Dimension Stones (Granite and Marble) sector as capable of producing 1 million jobs in a short time, while cutting the high production cost of tiles in Nigeria by 100% Meanwhile […]

Power: NNPC set to boost gas supply

by Yemie ADEOYE FOLLOWING the seeming interest and commitment of the Acting President, Dr Goodluck Jonathan in the power sector, the new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mallam Shehu Ladan has stated that he would give top priority to the issue of gas in order to enable the various power […]

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