When A Country Plans To Fail
By Alabi Williams Failure to plan is planning to fail. Benjamin Franklin, one of the founding fathers of the United States is credited with this saying. It means that when…
Malabu oil challenges FG’s OPL 245 settlement, threatens lawsuit
By Olugbenga Ige Malabu Oil and Gas Limited has challenged the Federal Government’s claim of resolving the long-standing OPL 245 dispute and has issued a pre-action notice challenging any move…
What the Gulf region conflict means for Nigeria’s economy
By Tope Fasoranti The hostilities in the Gulf Region have delivered a classic terms-of-trade shock to Nigeria. Brent crude was trading at about $73 per barrel on the eve of…
A’Ibom ownership of 76 oil wells undisputed – Eno
The Akwa Ibom State Governor, Umo Eno, has reassured citizens that no amount of propaganda or sentiment can overturn the state’s rights to the oil wells, as established by two…
RMAFC denies ceding disputed oil, gas wells to any party states
Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has disowned reports that certain disputed crude oil and gas wells have been recommended for ceding to specific oil-producing states, insisting that no…