President Goodluck Jonathan has directed the governors of Rivers and Bayelsa states as well as elders and leaders of the host communities involved in the dispute over oil wells to ... Read more »
While Nigeria's Federal Government has confirmed that a total of 25 oil marketers are now under criminal investigation in the fuel subsidy scandal, its believed that the sons of ... Read more »
The United Nations says Nigeria as a country must force foreign oil companies that have polluted communities to engage in a total clean-up of the areas in which they operate. Read more »
More controversy trails over Ribadu's report with fresh facts emerging from the Ministry of Petroleum that some data were presented in the report without independent verification. Read more »
Prime Minister Amama Mbabazi risks facing a censure motion if he fails to take action against Permanent Secretary Pius Bigirimana. Legislators have warned that the Prime Minister ... Read more »
There have been mixed reactions from various quarters on the Ribadu report on oil corruption that has rocked the country. Read more »
A row between two states over oil wells is intensifying despite efforts by the president to broker peace. Read more »
The plan by the federal government to use the Petroleum Industry Bill as a legislative framework to attract U.S.$108 billion investment in the oil and gas industry between 2012 and ... Read more »
Mallum Ribadu has submitted his oil report to President Goodluck Jonathan, recommending amongst others, that efforts be stepped-up to stop oil theft in the Niger Delta. Read more »
The International Monetary Fund has told Nigeria's government to be cautious with its oil money. The IMF has urged the country's federal government to come up with policies to save ... Read more »
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