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Paris Club refund: We’ve done nothing illegal —Govs

Again, the Nigeria Governors’ Forum, NGF, said, yesterday, that there was no illegality in the disbursement of the Paris Club loan refund. The refund was a result of over-deductions from the statutory allocations of the states for debt-servicing from 1995 to 2002. The NGF reaction...

Niger Delta : Presidency gives contractors 30 days to return to site or face prosecution

Niger Delta : Presidency gives contractors 30 days to return to site or face prosecution The Federal Government has issued a new set of directives in its bid to accelerate the implementation of the Buhari administration’s new vision for the development of the Niger Delta. Vice...

Court Stops EFCC Case over Falsehood, Media Trial

… says EFCC Can’t Engage in Court and Media at the Same Time The Economic and Financial Crimes Commission (EFCC) suffered a major setback in the trial of Colonel Nicholas Ashinze and three others in an alleged N3billion unlawful transfer as the Federal High Court...

Malabu: Court lifts order of forfeiture on oil block OPL 245

A Federal High Court in Abuja has discharged its interim forfeiture order on the controversial Oil Prospecting Licence 245, an oil block which is at the centre of the $1.2bn Malabu oil scam. Justice John Tsoho lifted the order of interim forfeiture in his ruling...

$1.1 bn Malabu deal, peak of graft – OBASANJO

  Former President, Chief Olusegun Obasanjo, has warned a former Attorney-General of the Federation and Minister of Justice, Mohammed Bello Adoke, to stop mentioning his name in the controversial $1.1 billion Malabu Oil deal. Olusegun Obasanjo said he considered the controversial award of OPL 245 oil...

Malabu Oil Applies to Join Suit to Set aside Order Forfeiting OPL 245 to FG

Ruling on two separate applications filed by Shell Oil Exploration Nigeria Ltd and AGIP Oil seeking to set aside the order made by the Federal High Court Abuja on January 26, 2017, which granted temporary forfeiture of the Oil Prospective Licence (OPL 245) block...