Kachukwu, Baru rift may either deepen cabal networks or kill it—Pundits
Considering emerging but chilling revelations coming from the Nigerian National Petroleum Corporation (NNPC) in the trending crisis between the managing director, Dr. Maikanti Baru and Minister of State for Petroleum Resources, Dr. Ibe Kachukwu, experts in law and other profession…
Fashola collides states, Discos in N40bn electricity debts
Having observed that bulk of the debts owed Discos stemmed from states’ electricity consumption by their MDAs, the Federal Government has charged electricity distribution companies to engage state governments in order to collect the outstanding electricity debt amounting to about…
Removal, suspension of Kachikwu’ll mean no oil production—Group
Leading radical group in the oil-rich Niger Delta region, the Niger Delta Indigenous Movement for Radical Change (NDIMRC), has warned that any attempt to remove, suspend of frustrate the Minister of State for Petroleum, Dr. Ibe Kachikwu, will be met…
Finally, Dangote withdraws interest in S’African cement group
After several wait for green light, Dangote Cement Plc, Africa’s largest cement producer, has signaled withdrawal of interest from its bid to acquire the share capital of PPC Limited-a South African leading cement firm. Late last month, Dangote Cement had…
Lafarge, EY clear the air on the emergence of KPMG
Contrary to speculations that audit consultancy firm, Ernst & Young Nigeria (EY), was eased out in the services of Lafarge Africa Plc, both the cement giant and EY have attested to the fact that due process was followed in the…
Expansion of MMAI-Oshodi road to cost N6bn, not N10bn
Clear clarification has come from the Lagos State Government, saying the reconstruction of the degraded Murtala Muhammed International Airport (MMIA) road that will end at Oshodi interchange in Lagos, is to be delivered at the cost of about N6 billion…
Do what you did for Western flank on Eastern railway, Experts tell FG
Following the recent comment made by the federal government that about $16 billion is required to actualize the modernisation of the eastern flank of the Nigerian Railway, experts have advised the government to do the same thing it did in…
Just in: Baru authenticates our story, says “Act does not mandate me”
The Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, on Monday afternoon, officially responded to the allegations of insubordination and corruption levelled against him by the Minister of State for Petroleum Resources, Ibe Kachikwu, saying no law…
Minister, NCC cite conflicting figures on inflows in ICT sector
An official confusion capable of embarrassing the industry and causing distrust in the use of facts and figures coming from the nation’s telecoms sector is currently playing out between the leadership of the Nigerian Communication Commission (NCC) and the supervising…
TStv: Fear of rivals’ buying, dumping decoders delaying sales
There are indications that newly launched Pay TV group; Telcomm Satellite TV (TStv) may have started first tranche of market share warfare. The platform was unveiled by the Minister of Information and Culture, Alhaji Lai Mohammed on Sunday, October 1st…
