The Governor of the Central Bank of Nigeria, Sanusi Lamido Sanusi, yesterday disclosed that some Joint Venture Cash Calls agreements entered into by the Nigeria National Petroleum Corporation (NNPC) with international oil companies (IOCs) was responsible for the fast decline in the nation’s foreign reserves.

SINCE he returned from his trip to Netherlands in February to cover the “2010 Niger-Delta Peace Consolidation Conference” organized by the Hope for the Niger-Delta Campaign (HNDC) in The Hague, Regional Editor, Niger-Delta, Emma Amaize had, in his typical style, treated our readers to two unmatched reports.

The Senate President, David A.B. Mark has declared that the Senate would soon commence debate on a bill to provide for a comprehensive insurance policy for every practising journalist in the country.

MANAGING Director of the Warri Petrochemical and Refining Company (WRPC), Warri, Engineer Andy Yakubu, weekend, said the company was producing at optimal level, but, is faced with a serious challenge of evacuating petroleum, kerosene and diesel because of inadequate storage space.

Acting President Goodluck Jonathan has explained why he wants former Economic and Financial Crimes Commission (EFCC) Chairman, Malam Nuhu Ribadu back to the anti corruption war.