Shola Shittu

Cooking Gas Price rises by 40%

Marketers of Liquefied Petroleum Gas (LPG), also known as cooking gas, have covertly hiked prices of the commodity by 40 per cent, as perennial product’s scarcity worsened nationwide. Investigations by New Telegraph revealed that the price of a 12.5kg...

Multi-billion Naira Insurance Fraud: ‘BPE breaches Procurement Act’

Members of the House of Representatives investigative panel on the multi-billion naira insurance fraud in Ministries, Departments and Agencies (MDAs) between 2013 and this year, were shocked when the acting Director-General (DG) of the Bureau of Public Enterprise (...

Oil workers to FG: Don’t scrap NNPC, DPR

Oil workers under the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG), warned the Federal Government to desist from its plans to scrap the Nigerian National Petroleum Corporation (NNPC), Department of Petroleum Resources (DPR), Petroleum Pricing Regulatory Agency...

Kachikwu wants Oil Blocks allocated to States

Petroleum practice should allow states to be allocated specific acreages and then encouraged to enter into joint ventures to explore and exploit oil resources in the allocated acreages. This is among the recommendations of the Minister of State for Petroleum...

The Anxiety over Buhari’s $29.9bn Foreign Loan

After more than a year with the emergence of current administration of President Muhammadu Buhari, Nigerians are getting impatient and complaining that the change mantra is not translating into food on the table. Going by current realities, the Nigerian...

States spend Billions on Presidential Lodges

State governments are spending billions of naira of public funds on constructing and maintaining presidential lodges that are rarely used by presidents. This practice has continued in spite of the cash crunch that has left many states unable to pay...
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