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Sunday , 24 June 2018

Editorial

FG recovers 183 buildings, 5 vessels, others from looters

The Federal Government said on Saturday that it recovered 182 completed buildings, an uncompleted one and five maritime vessels from treasury looters. This is contained in government interim report on financial and asset recoveries from May 29, 2015 to May 25, which was made available to newsmen by the Minister of Information and Culture, Alhaji Lai Mohammed. Specifically, the report ...

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You’re Not The National Leader of APC – Buhari Bluntly Tells Tinubu

President Muhammadu Buhari has pointedly told a former Governor of Lagos state, Asiwaju Bola Tinubu that he is not the National Leader of the All Progressives Congress, APC, as the latter is widely upheld. The President made this clarification last Monday while hosting APC chieftains and members of the National Assembly to a dinner where the Senate President, Bukola Saraki ...

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FG opens special account for recovered loot

Kemi Adeosun, Nigeria's Finance Minister

The Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay, has said an account had been set up for the funds. “An account has been set up for it and at an appropriate time, what is going to be done with the money will be made public. The amount that is available in that account will be announced and what ...

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Fed Govt loses N1.3b daily to Avengers’ attacks on oil facilities

Sustained attacks on pipelines by Niger Delta Avengers (NDA) have led to the daily loss of 140,000 barrels of crude from oil fields operated in Bayelsa State by Nigerian Agip Oil Company (NAOC) and Aiteo Oil, it was learnt yesterday. Using $48 per barrel price benchmark, the two oil firms are losing an estimated $6.72m (about N1.3 billion). Eni, an ...

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Presidency Admits Buhari’s Ear Infection, Off to Hospital In UK

President Muhammadu Buhari will on Monday begin a 10-day vacation to attend to an ear infection that has forced him to shelve some local and foreign trips lately.According to a statement on Sunday evening by his Special Adviser on Media and Publicity, Mr. Femi Adesina, the President is currently battling with what he called “a persistent ear infection.”  The presidential ...

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Benin DISCO attributes poor power supply to low generation

Benin Electricity Distribution Plc. (BEDC) has attributed the degenerating level of electricity supply to its customers in its operational areas of Edo, Delta, Ondo and Ekiti States to low power generation received from the national grid occasioned by gas shortage due to pipeline vandalism. This was disclosed last Friday by the company’s chief head, Edo State, Engr. Fidelis Obishai at ...

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Military Ready For Militants, deploys additional aircraft to Niger Delta

The Nigerian Air Force has deployed additional aircraft to the Niger Delta in support of the military operations code named: OPERATION PULO SHIELD. The operation is to check militancy, economic sabotage and all forms of criminalities in the South South region of the country. The Nigerian Air Froce said the deployment of the additional aircraft was necessitated by the recent ...

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Panic over militants’ missile threat

Threat by a militant group, Joint Niger Delta Liberation Force (JNDLF), to launch six missiles in the Niger Delta from Tuesday has sparked panic in the geo-political zone. Residents of Rivers, Delta and Bayelsa states in particular are apprehensive of the likely effects of the missile launch on an area that is already in turmoil over the spate of attacks ...

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Buhari, Obasanjo In Crucial Meeting @ Aso Rock

President Muhammadu Buhari on Friday met behind closed doors with former President Olusegun Obasanjo at the Presidential Villa. He arrived the Villa in the company of Otumba Johnson Fasawe around 12.30 p.m. The meeting was still in progress at the time of filing this report.

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Militants In Sporadic Blow-Ups In N/Delta Today

The Niger Delta Avengers (NDA), the militant group which has claimed responsibility for most of the attacks on oil installations, says it has blown up a Shell Petroleum Development Company (SPDC) oil facility. The Forcados pipeline, which transports 250,000 barrels per day, was first bombed in February and had just undergone reserves. NDA also said it had hit the Brass to ...

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