As crude oil prices fell as much as seven per cent in early trading monday, before rallying slightly, after attempts by some of the world’s biggest producers to freeze output ended without a deal on Sunday, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that member countries of the Organisation of Petroleum Exporting Countries (OPEC) will go back to the drawing board to work out a best approach to shore up oil prices.
Tuesday
Kachikwu: OPEC to Re-Strategist on Output Freeze as Oil Slumps 7%
As crude oil prices fell as much as seven per cent in early trading monday, before rallying slightly, after attempts by some of the world’s biggest producers to freeze output ended without a deal on Sunday, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that member countries of the Organisation of Petroleum Exporting Countries (OPEC) will go back to the drawing board to work out a best approach to shore up oil prices.
NLC Charges Sanators To Return 108 Cars or Face Wrath of the People
The Nigeria Labour Congress (NLC) monday warned the Senate to return about 108 Toyota Land Cruiser sports utility vehicles (SUVs) it bought for senators or face the wrath of the Nigerian people who are at the moment facing excruciating economic pains and hardship.
NLC President, Mr. Ayuba Wabba, said in Abuja that the purchase of the cars was wrong and insensitive in the face of the suffering of the masses.
SARS Uncovers Criminal Hide-Outs In Ogidi
About thirty men and ten women on Sunday were arrested in a hotel at Ogidi, Idemili North Local Government Area, Anambra state, by the Nnewi-Ichi command of the Special Anti Robbery Squad, SARS, of Anambra State Police Command as part of its efforts to rid the state of criminals and undesirable elements.
HISTORIC EVENT: Court Of Appeal Commences Operation In Awka, Anambra State Capital
Deputy Registrar of the Court of Appeal, Enugu division, Mr A.I. Maude who spoke to newsmen said that the Court would hold in two panels .
He said panel one of the Court would be headed by Justice H.M Ogunwumiju while panel two would be headed Justice M.A Oredola.
Monday
CONFERENCE! Dee-Jays Elect National Executives In Awka
To All DeeJays in Nigeria.
This is to inform all DeeJays in Nigeria, Stakeholders in the DeeJays Profession, and the general public that the 7th National Conference of all Nigeria DeeJays is scheduled as follows:
This is to inform all DeeJays in Nigeria, Stakeholders in the DeeJays Profession, and the general public that the 7th National Conference of all Nigeria DeeJays is scheduled as follows:
Date : 18th to 20th of April, 2016.
Friday
Nigeria Navy uncovers illegal oil sites in Rivers, seizes over 700,000 litres
The Nigeria Navy recorded a breakthrough in its undercover operations when it uncovered a major illegal oil bunkering site at an abandoned warehouse in Ogbogoro area of Obio/Akpor local government area of Rivers State a suburb of Port Harcourt, the Rivers State Capital.
The Commandant of the Nigeria Navy Ship NNS Pathfinder in Port Harcourt, the Rivers State Capital, Commodore Sanusi Ibrahim who led journalists to the illegal site on Thursday said five persons including an engine repairer were arrested at the scene.Commodore Sanusi Ibrahim represented by the Base Operation Officer, Lieutenant Commodore Sunday Katuka Haruna said over five hundred drums loaded with illegally refined petroleum products were seen at the site.
Senate President Saraki loses bid to stop CCT trial again
Justice Abdulkadir Abdu-Kafarati of Federal High Court has dismissed the fundamental rights suit filed by Senate President Bukola Saraki to stop his trial at the Code of Conduct Tribunal.
Abdu-Kafarati who gave a judgement today dismissed the suit as an abuse of court process.The judge was scheduled to deliver judgment at noon. But he arrived 30 minutes earlier.
Lawyers from both parties announced their presence.
Sagay, Falana condemn Senate’s bid to amend CCT law
The Chairman of the Presidential Advisory Committee against Corruption, Prof. Itse Sagay (SAN), and human rights lawyer, Mr. Femi Falana (SAN), have condemned the move by the Senate to amend the law setting up the Code of Conduct Bureau and the Code of Conduct Tribunal, with a view to whittling down the agencies’ powers.
The Senior Advocates of Nigeria said the commencement of the amendment of the Act, establishing the CCB and CCT by the Senate, had exposed the intention of the country’s legislators to encourage corrupt practices and shield corrupt leaders from prosecution.
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