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NCAA comes clean on N255million armoured cars, says “we have no documents of purchase”

The Civil Aviation Authority, NCAA, entangled in the controversial purchase of two armoured cars at a quarter of a billion naira , for Nigeria’s aviation minister, Mrs. Stella Oduah, appears to be gradually withdrawing its support for the minister and is now claiming it...

Crude Oil Theft Another Face Of Terrorism — Alison-Madueke

The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, has declared that the grave phenomenon of oil theft and its global support system represents another face of terrorism which has continued to remain a clog in the wheel of Nigeria’s economic growth trajectory. She stated this...

Oil And Gas Ftz Attracts Fresh N32bn Investment

WITHIN  the last ten months, a whopping amount of $200m (N32bn) has been invested in the Onne Oil and Gas Free Zones. When added to $4bn capital investment reported in 2012, the $200m investment brings the total investment so far made in the Onne oil...

Privatisation: FG spends N609.4bn on labour liabilities

The Federal Government spent N609.4bn on settlement of labour liabilities in privatised public enterprises between 2000 and 2013, the Bureau of Public Enterprises has said. The Director-General, BPE, Mr. Benjamin Dikki, said this in a statement made available to our correspondent in Abuja on Wednesday...

Pirates kidnap U.S sailors off Nigerian coast

Pirates attacked an oil supply vessel off the Nigerian coast and kidnapped the captain and chief engineer, both United States citizens, an American defense official and security sources said on Thursday. Reuters reports that pirate attacks off Nigeria’s coast have jumped by a third this...

House Probes NCAA’s Purchase of Armoured Cars for Oduah

•Minister’s ties with presidency impedes EFCC investigation By Onwuka Nzeshi, Reuben Buhari and Dele Ogbodo  and Chinedu Eze The House of Representatives Tuesday ordered an investigation into the controversial purchase of two armoured BMW 760 Li cars by the Nigeria Civil Aviation Authority (NCAA) for the Minister...