MEND Nigeria-Movement for the Emancipation of the Niger Delta-MEND-Official News Site -tracking News, Articles, Interviews and Opinions, related to MEND- from 1999 to Present
Leadership (Abuja)Senate president David Mark yesterday handed down a terse marching order to a panel: it should commence immediate probe of an alleged Shell, ENI and federal government round-tripping deal.
LEADERSHIP had yesterday exclusively reported that Shell, ENI subsidiaries in Nigeria and the Federal Government may have clandestinely been engaged in a round tripping payment of $1.92 billion over the disputed oil block OPL 245. The deal was contained in court documents from a March 2012 New York arbitration case.
Daily Trust (Abuja)
Daily Trust
Najib Aliyu who died with his lover in their car.
Kano - Decomposing remains of a man and a woman believed to be lovers were found in a car at the premises of a hospital in Kano on Monday evening, two months after a similar incident in the city.
This Day (Lagos)Despite recent bullish activity in the bond market, led by the Federal Government bonds, experts in the financial service sector have predicted modest slowdown in the second half (H2) of 2012.
In their review of the fixed income market for the period, experts at FSDH Securities Limited, noted that investors might hesitate to take the logical step and enter the market because of fears over inflation.
Daily Trust (Abuja)For once I am constrained to support a public official. My shoulders have refused to go down since voodoo minister, Ita Okon Bassey, announced that Naija will be sending people to the moon. Never since Umar Farouk Abdulmutallab put us on the map of people to be feared have I carried my green passport with such pride. When I read all the nonsense that some people were saying to ridicule Professor Okon, I felt the heat that forces rulers out of their gated air-conditioned houses and tinted cars to interact with us serfs.
Daily Trust (Abuja)The Economic Community of West African States (ECOWAS) Commission promises to float a reinsurance agency with a capital outlay of $300 million to encourage Foreign Direct Investment (FDI) into the West Africa sub region.
Daily Trust (Abuja)Owerri - Residents at Shell Camp (GRA) Owerri who are staff of the Federal Ministry of Industry have gone to Owerri High court to restrain Imo State government from evicting them from their residence at the end of this month.
Daily Trust (Abuja)President Goodluck Jonathan has approved the distribution of additional relief materials to about 38 communities affected by Chevron gas explosions in January.
A statement yesterday by spokesman of the National Emergency Management Agency (NEMA), Yusha'u Shuaibu, said the agency had initially distributed relief materials to the affected communities.
Daily Trust (Abuja)The Federal Government has paid $1.1billion to an oil company reportedly belonging to former Minister of Petroleum, Chief Dan Etete last April, a Financial Times report said.
The amount was paid to Malabu Oil and Gas reportedly owned by Etete, who was convicted of money laundering in France in 2007. The money was a government proceeds realized from sale of oil block OPL 245 to Shell and ENI.
Daily Trust (Abuja)Petroleum Minister Diezani Alison-Madueke yesterday faulted the House of Representative Ad hoc Committee Report that investigated the petroleum subsidy payment from 2009 to 2011.
The indicted top government officials for complicity in the mismanagement of more than N1 trillion in 2009-2011.
Daily Trust (Abuja)The House of Representatives ad-hoc committee investigating the near collapse of the Nigerian Capital Market yesterday expressed dissatisfaction with the submission made by Chairman and Chief Executive Officer of Zenon Oil Femi Otedola before the committee.