Nigeria state oil firm insolvent, says minister BBC News Nigeria's state oil firm is insolvent, unable to pay debts of $5bn (£3.3bn), a government minister has said. | Junior Finance Minister Remi Babalola said the Nigerian National Petroleum Corporation had asked for help to cover its debts and fund its operations. | But the NNPC denied the claim a...
Nigeria state oil firm insolvent, says minister BBC News Nigeria's state oil firm is insolvent, unable to pay debts of $5bn (£3.3bn), a government minister has said. | Junior Finance Minister Remi Babalola said the Nigerian National Petroleum Corporation had asked for help to cover its debts and fund...
China To Build US$8bn Oil Refinery In Nigeria Peace FM Online It will be the first of three refineries under a deal signed in May between Nigeria's state oil company, NNPC, and the China State Construction Engineering Corporation (CSCEC). | The refinery will be built in the Lekki free trade zone of Lagos, Niger...
Nigeria Says Pirates Released Sailors The New York Times | Filed at 12:54 p.m. ET | LAGOS, Nigeria (AP) -- Twelve foreign sailors taken hostage off Nigeria's oil-rich and restive southern delta were safely released Sunday, a Nigerian naval spokesman said. | Commodore David Nabaida told The Associated Press...
Gulf spill a familiar story in oil-soaked Nigeria Herald Tribune | IWUO-OKPOM, Nigeria - The brown spots run like a trail of blood down the deserted coastline near this fishing village. Just underneath a handful of sand lies spilled oil. | Oil powers this West African nation's economy but is killing its southern s...
Gulf Spill a Familiar Story in Oil-Soaked Nigeria The New York Times | Filed at 1:56 p.m. ET | IWUO-OKPOM, Nigeria (AP) -- The brown spots run like a trail of blood down the deserted coastline near this fishing village. Just underneath a handful of sand lies spilled oil. | Oil powers this West African nation's economy...
Gulf spill a familiar story in oil-soaked Nigeria Fresno Bee | - Associated Press Writer Share | thefresnobee_994:/2010/07/04/1995150/gulf-spill-a-familiar-story-in.html E-Mail Print Text Size: tool name | tool goes here Comments (0) | Similar stories: | Nigeria navy says pirates released foreign sailors Niger...
Presbyterian Lauds Akwa-Ibom for Reviving Ailing Industries All Africa The Akwa Ibom Synod of The Presbyterian Church of Nigeria has commended the decision of Akwa Ibom State government to resuscitate shut and ailing state-owned industrial enterprises. It called on the government to expedite action in this direction. | ...
New Group Emerges to Break Monopoly in Cement Industry All Africa It was a food for thought for the Minister of Commerce and Industry, Senator Martins Jubril-Kuye in Abuja, recently, when a group of new and small players in the Nigeria cement industry asked him to find out from the big-time cement manufacturers the...
Fuel Crisis Looms as NUPENG, Others Threaten Strike All Africa Fresh industrial crisis in the nation's oil industry is looming, following fresh threats by the Group Executive Councils of the National Union of Petroleum and Natural Gas Workers (NUPENG) and the Petroleum and Natural Gas Senior Staff Association of...
Power Sector Reform, Best Way to Go This Day Regular power supply is the hallmark of a developed economy. For the economy of any nation to grow that country must invest in social institutions and build permanent institutional structures to tackle problems as they arise. Also, the country must i...
Systemic Destruction of the Airline Industry All Africa Part of the hot news last week was that the Economic and Financial Crimes Commission (EFCC) will start prosecuting 10 airline operators in Nigeria for debts owed the Nigerian Civil Aviation Authority (NCAA) and the Nigerian Airspace Management Agency...
NIGERIA: Gearing up to fight food shortages IRINnews web | GOMBE, 7 July 2010 (IRIN) - State authorities and aid agencies in northern Nigeria are scaling up their food security and nutrition responses in the light of coming food shortages. | Seven Nigerian states along the edge of the Sahel - Yobe, Sokoto, Kebbi, Zamfara, Katsina, Jigawa and Bauchi - received poor and erratic rains in 2009, as did th...
(photo: Public Domain / U.S. Air Force photo by Tech. Sgt. Jeremy T. Lock)
Former Africa minister Malloch-Brown advises oil firm on African expansion The Guardian | • Vitol post concerns MPs tracking jobs close to ministerial roles | • Firm talking to Shell about oil assets in 19 Africa countries Lord Malloch Brown pictured in 2005 at a UN oil-for-food programme meeting in New York. Photograph: Jeff Zelevansky/REUTERS | Just 12 months after resigning from the government, Lord Malloch-Brown, the former Fo...
