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Lead Story

Crude oil: NNPC scraps offshore processing arrangement; adopts direct sale, purchase option

In a major steer designed to enshrine transparency and eliminate the activities of middlemen in the crude oil exchange for product matrix, the Management of the Nigerian National Petroleum Corporation (NNPC), Tuesday, announced the replacement of the Offshore Processing Arrangement (OPA) option in preference for the more efficient Direct Sale-Direct …

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Ministerial nominees: PDP senators stage Walk-Out as Senate confirms Amaechi, 17 others; We’re now united — APC

Senators elected on the platform of the opposition Peoples Democratic Party (PDP), Thursday, staged a walk-out on the floor of the legislative house as the Senate moved to confirm the 18 ministerial nominees it had already screened, including the controversial former Rivers State governor, Chibuike Rotimi Amaechi. The PDP senator …

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Our policies may hurt some businesses in the short term, but they are in the interest of national economy — Buhari

President Muhammadu Buhari has said in New Delhi, India, that despite the fall in oil prices, his administration remains fully committed to maintaining macro-economic stability and improving investor confidence in Nigeria. President Buhari disclosed this, Wednesday, at an interactive session with Chief Executives of Indian companies with interests in Nigeria. …

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We’ll vigorously pursue recovery of stolen funds to deter others from seeking public office for personal gains – Buhari

President Muhammadu Buhari, Wednesday, in New Delhi reaffirmed his administration’s commitment to curbing corruption, plugging all loopholes in public sector accounting and deploying available resources for the good of all Nigerians. Addressing members of the Nigerian community in India, according to a statement by his Special Adviser on (Media & …

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Boko Haram: Reconstruction of N/East will gulp N233bn — Danjuma Committee; as Gowon faults Buhari on December deadline to end insurgency

ABDULLAHI ISAH, Maiduguri Presidential Committee on North-east Interventions (PCNI) is to spend N233 billion on the post-insurgency reconstruction and rehabilitation of the communities ravage by Boko Haram war in the North-east geo-political zone of the country. The chairman of the Committee, General Theophilus Danjuma (rtd) disclosed this when President Muhammadu …

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Polio eradication: There will be no complacency from my administration – Buhari assures WHO

President Muhammadu Buhari has assured the World Health Organization, WHO, of his administration’s resolve to commit resources towards totally eradicating cases of poliomyelitis in the country by the year 2017. Receiving a team from the United Nations agency at the Presidential Villa, Abuja, Monday, to mark the one year of …

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Finally, Amaechi gets senate’s nod; as Saraki moves ministerial nominees’ screening to Tuesday

After three postponements, the former governor of Rivers State, Chibuike Amaechi, eventually took his turn to be screened at the floor of the Nigerian Senate, Thursday, along with four other ministerial nominees. This is as the Senate President, Bukola Saraki, adjourned till Tuesday, October 27, for further screening of ministerial …

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APC: FG will not micro-manage anti-corruption agencies, flays accusation by PDP

The All Progressives Congress (APC) has said the Buhari Administration will not micro-manage the anti-corruption agencies, even as the party faulted the opposition Peoples Democratic Party (PDP) for accusing it of unleashing the agencies against the opposition. In a statement issued in Lagos, Monday, by its National Publicity Secretary, Alhaji …

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Akpabio’s interrogation politically-motivated – PDP; They need help — Presidency

The Peoples Democratic Party (PDP) has described the invitation and interrogation of Senate Minority Leader, Senator Godswill Akpabio, by the Economic and Financial Crimes Commission (EFCC) as politically motivated, targeted to weaken the party before the 2019 elections. The party reiterated its accusation against the Presidency, saying President Muhamnadu Buhari, …

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December deadline on Boko Haram: I will not resign even if I don’t defeat them – Buhari; Nigerian law does not allow for so-called sharia punishments

President Muhammadu Buhari has restated the resolve of his administration to negotiate with the Boko Haram insurgent group in order to secure the release of the kidnapped Chibok school girls. President Buhari speaking to Aljazeera television network, aired Friday, also reiterated his commitment to defeating the insurgent group by December, …

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Why there is now a spate of Boko Haram suicide bombings — Chief of Defence Staff, Olonisakin explains

The Chief of Defence Staff (CDS), Gen. Abayomi Olonisakin has traced the recent bombing of soft targets by the Boko Haram terrorists to the persistent increased attacks on them by the troops in the North-East. Olonisakin made this assertion in Abuja, Thursday, at the 2015 Nigerian Navy Research and Development …

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NASS to re-transmit constitution amendment bill for presidential assent – Dogara; as Reps approve independent candidates for future elections

Speaker of the House of Representatives, Hon. Yakubu Dogara, has disclosed that the fourth constitution amendment bill would be re-transmitted to the president for assent. A statement issued by the Speaker’s Special Adviser on Media and Public Affairs, Turaki Hassan, said the Speaker revealed this when he received report of …

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Nigerian Armed Forces well positioned to end Boko Haram insurgency by December – Buhari reiterates

President Muhammadu Buhari, Wednesday, in Abuja, reiterated his position that Boko Haram’s ability to attack, seize, ravage and hold any Nigerian territory will have been completely obliterated, by the end of this year. Speaking at an audience with the Commander of United States Africa Command, Gen David Rodriguez, President Buhari …

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Ministerial nominees’ screening: Senate Okays Fayemi, Danbazzau, Lai Mohammed, Onu, 6 others; Fashola, Kachikwu take turn, Wednesday

The Senate, Tuesday, cleared 10 ministerial nominees out of the 21 in the first batch of nominees forwarded to it by President Muhammadu Buhari, on September 30, and which it had unveiled, last Tuesday. Those cleared, Tuesday include; Senator Udoma Udo Udoma, former governor of Ekiti State, Dr. Kayode Fayemi, …

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