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Abubakar Malami

P&ID: PDP government, contract drafters, lawyers have case to answer – FG

The Federal Government has said that it is widening investigation into the controversial P&ID contract signed in 2010, noting that emerging facts confirm the contract was awarded to a portfolio firm of no known address and pedigree.
Abubakar Malami

AGF: We’ll spare nobody in $9.6 billion P&ID failed deal

Malami told journalists in Abuja that although security agencies had interrogated many prominent personalities in connection with the $9.6 billion awarded against Nigeria by a United Kingdom court, many more would soon be invited for questioning in order to get to the root of the matter.
ladol free trade zone

Is LADOL truly a Nigerian company?

Even with the signing of the Nigerian Oil and Industry Content Development (NOGICD) Act of 2010, many Nigerian investors still exploit the old loopholes in the system to take advantage of this law.

$9 billion damages: The same fool and his money

The corporate name “Process and Industrial Developments Limited” (P&ID) was until lately, probably, only known to very few Nigerians in Public Service, and the oil and gas subsector.

Oando: We are not a party to London arbitration

Oando PLC’s shareholders can heave a sigh of relief as the Company, has set the record straight following claims in the mediawhich implied that Oando has been ordered by the London Court of International Arbitration (LCIA) to pay Ansbury Investment Inc. $680 million

Recent Stories

The Nigerian Financial Intelligence Unit (NFIU) has disclaimed reports that it requested the bank account details of officers of the national assembly and the judiciary.

PSC charges security agencies to investigate leakage of NFIU letter to banks

The Presidential Support Committee (PSC) yesterday charged security agencies in the country to leave no stone unturned in investigating how a letter by the Nigerian Financial Intelligence Unit (NFIU) to commercial banks requesting the account details of principal government officers was leaked.

ANCOPSS hails FCT minister for promoting school principals

The All Nigeria Conference of Principal of Secondary Schools (ANCOPSS), has commended the minister of the Federal Capital Territory (FCT) Malam Muhammad Musa Bello for approving the promotion of some school principals to directorate cadre.

Thabo Mbeki: US, UK asked South Africa for help to oust Robert Mugabe

Former president of South Africa, Thabo Mbeki, has said that the United Kingdom and the United States of America, had sought the help of his country to remove the late President Robert Mugabe of Zimbabwe from office.

PDP chieftain charges members to be committed

Chairman of Peoples’ Democratic Party (PDP) ethnic community in Kuje area council, Hon. Yusuf Dabo, has called on members of the party to be prepared to erect political structures that would offer them the opportunity to occupy decision making position.
Kayode Fayemi

Ekiti farmers want financial support from governor

Some farmers in Ekiti North Senatorial District on Wednesday appealed to the state Governor, Dr Kayode Fayemi, ‎to provide loans for them to enhance their agricultural production.