NEWS

NNPC to be broken into 30 companies – Kachikwu

Speaking at the Oloibiri Lecture Series and Energy Forum, organized by the Society of Petroleum Explorationists, SPE, Nigeria Council, in Abuja, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, yesterday, revealed that the Nigerian National Petroleum Corporation, NNPC, would become profitable again by July 2016, the corporation's first profits in 15 years. Kachikwu also said that there would be an overhaul of the NNPC within the next week which would see the NNPC break up into about five companies, while the sub-sets of the NNPC would be broken into 30 co

by kenneth 0
NEWS

My detention is scaring away investors- Dasuki

Embattled former National Security Adviser, Sambo Dasuki who is standing trial for the alleged misappropriation of $2.1 billion arms deal fund, says his continued detention despite two approved bail applications which he has fulfilled, is scaring investors from Nigeria. Dasuki said this through his counsel, Joseph Daodu (SAN), at the resumed hearing of his case before Justice Adeniyi Ademola of the Federal High Court, Abuja, on Thursday March 3rd. (more…)

by kenneth 0
NEWS

Ese Oruru’s father confirms she is pregnant

Charles Oruru, the father of 14 year old Ese Oruru who was abducted by one Yunusa aka Yellow and taken to Kano in August 2015, is pregnant. Ese's father said this while speaking to newsmen in Bayelsa yesterday March 3rd "My daughter is pregnant. Everything you read about her is true. She was raped. This is a case of rape because she is a minor. We are going to pursue this matter and the law will take its full course. God knows why he allowed it to happen. But we believe that it will be better at last. I don’t want to talk further now. I will talk in due cause.”he said

by kenneth 0
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