Tag Archives: Diezani Alison-Madueke

Nigeria: Ending Crude Oil Theft

Leadership (Abuja) editorial At a recent oil and gas conference, the managing director of Shell Petroleum Development Company stated that Nigeria’s economy loses $6billion annually to crude oil theft. Consequently, President Goodluck Jonathan has been seeking the assistance of the … read more »

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Nigeria’s President Goodluck Jonathan Hosts Brazilian President Rousseff

Abuja — Brazil’s President Dilma Rousseff met with Nigeria’s leader Goodluck Jonathan in Abuja on Saturday for talks that were expected to focus on boosting trade, notably in the energy sector. Oil-rich Nigeria is Brazil’s main commercial partner in Africa, … read more »

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UK help Nigeria sought to end oil theft

UK help sought to end oil theft Nigeria had asked Britain for help to tackle a multimillion-dollar oil theft business that was run by international crime syndicates, its oil minister said yesterday. Oil bunkering – hacking into pipelines to steal … read more »

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Nigeria: Leaked Petroleum Revenue Task Force Report

by Danjuma Azemobo Musa  Nigeria’s ever boisterous grapevine would never lack in interesting stories. However, the popular maxim “there is no smoke without fire” however readily comes to mind when one digests any information so received. The newest story around … read more »

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Nigeria: The Reuben Abati They Did Not Know

by Sonala Olumhense In an article last week, President Goodluck Jonathan’s Special Adviser on Media & Publicity, Dr. Reuben Abati, went after his boss’ critics. By his definition, they included “all the cynics, the pestle-wielding critics, the unrelenting, self-appointed activists, … read more »

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The perambulation continues in Nigeria’s oil sector

Uche Igwe I was invited to a roundtable on the Nigerian Petroleum Industry Bill organised by the Africa Studies Department of the Johns Hopkins University in Washington DC on the 3 November 2010. During the panel discussion, I alerted the … read more »

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BRAIN DRAIN AND THE DIASPORAL CHALLENGE!

By Justine John DYIKUK Preamble On Monday, January 9, 2012, the Africa Review, (powered by Nation Media Group, Kenya) carried a caption “Ghana turns away Nigerian – ‘beggars’” by one Francis Kokkutse, from Accra. It claimed the action was occasioned … read more »

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Nigeria will not charge fuel subsidy fraud accused

Nigeria’s Attorney General has filed a court petition to prevent anyone implicated in a $6.8 billion fuel subsidy corruption scandal being prosecuted, after allegations the investigator himself took a bribe to manipulate the report. Nigerian legislator Farouk Lawan blew the … read more »

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Nigeria $3m Fuel Subsidy Bribery Scandal: Farouk Lawan detained

LAGOS — Chairman of the House of Representatives ad-hoc committee on fuel subsidy management, Hon. Farouk Lawan who is at the centre of the $3million bribe to clear indicted oil companies, was detained last night by the police. Rep Lawan who … read more »

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Nigeria: Fuel subsidy probe head quizzed over bribe

Police said on Thursday they were questioning a Nigerian lawmaker, who uncovered a $6.8 billion fuel subsidy corruption scandal, over an allegation that he took a bribe from an oil trader in exchange for removing his name from the report. … read more »

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Nigeria oil bill waters down its reforms – Analyasis

Nigeria’s long-awaited oil law, when it finally comes, looks likely to be a botched job that gives favourable tax terms to foreign oil firms while doing little to satisfy calls fo transparency and reform of a corrupt and wasteful sector. … read more »

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Oil subsidy probe: Minister blames it all on Yar’Adua

Rules out imminence e of full subsidy removal The Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, yesterday said the Farouk Lawan-led House of Representatives ad hoc committee, which probed the oil subsidy, was unfair to her. The minister said it … read more »

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Nigeria: Jonathan unlikely to risk oil graft crackdown

Nigerian President Goodluck Jonathan is coming under pressure to prosecute top officials implicated in a $6.8 billion fuel subsidy fraud, but many of the suspects are allies he is unlikely to go after if wants to keep his power base … read more »

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Nigeria’s planned oil law needs further ‘review’

Nigeria’s long-delayed law to overhaul of its oil sector will require further review before it is passed, a former petroleum minister said Wednesday, a move that could further hit investment. Former petroleum resources minister Diezani Alison-Madueke told the Senate, as … read more »

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