30 results
- 27 Nov 2014
Alison-Madueke Elected First Female President of OPEC
Mrs. Diezani Alison-Madueke, Nigeria’s minister of petroleum, has just been elected the first female president of OPEC (Organisation of Petroleum Exporting Countries). She is the replacement for the…
- 5 Oct 2015
Diezani Alison –Madueke: EFCC Goes After Anyim, Ubah, Others
The Economic and Financial Crimes Commission (EFCC) is reportedly on the trail of Senator Anyim Pius Anyim, immediate past Secretary to the Government of the Federation (SGF); Chief Ifeanyi Ubah,…
- 28 Oct 2013
Crude Oil Theft is New Face of Terrorism — Alison-Madueke
Mrs. Diezani Alison-Madueke, minister of Petroleum Resources, has declared that the grave phenomenon of oil theft and its global support system represents another face of terrorism which has…
- 2 Oct 2015
Diezani Alison-Madueke Granted Bail after Arrest in UK
Mrs. Diezani Alison-Madueke, former petroleum minister, who was arrested in London, Friday, has been granted bail. Dieziani was picked up alongside four others by UK’s International Corruption Unit…
- 14 Oct 2015
US Considers Visa Ban, Financial Sanctions on Alison-Madueke, Others
United States government is reportedly considering imposing a visa ban or financial sanctions against Mrs. Diezani Alison-Madueke, ex-petroleum minister, and a dozen of her associates, government…
- 5 Apr 2016
Alison-Madueke Back in Court over Seized Cash
Mrs Diezani Alison-Madueke, former minister of Petroleum Resources is due in Westminster Magistrate’s Court in London today to answer for money laundering and bribery allegations. She was first…
- 4 Jun 2013
Senate Invites Alison-Madueke, Others over N59trn Oil Block Deal
Senate Committee on Petroleum (Upstream) will today hear the defenses of Mrs. Diezani Alison-Madueke, minister of Petroleum Resources and Mr. Andy Yakubu, group managing director, Nigerian National…
- 26 Mar 2014
Reps Summon Alison-Madueke over 8Bn Oil Swap Deal
House of Representatives joint Committee on Petroleum Resources (Downstream and Upstream) and Judiciary yesterday asked Diezani Alison-Madueke, minister of Petroleum Resources to appear before them…
- 11 Apr 2015
Alison-Madueke Reports Sick, Flown Abroad For Medical Attention
A few weeks to the inauguration of a new government, the fear of the president-elect, General Muhammadu Buhari, is already driving corrupt officials of the outgoing Goodluck Jonathan administration…
- 2 May 2013
Alison-Madueke, Shell in $380Bn “Shady” Oil Deal-Reps
House of Representatives, Thursday accused Mrs. Diezani Alison-Madueke, minister of Petroleum Resources; Shell Petroleum Development Company Limited; and officials of the Nigerian Petroleum…
- 13 Sept 2016
Diezani in Fresh Trouble, Forfeits N4.8Bn Houses to FG
Detectives have been deployed in Port Harcourt, the Rivers State capital, in the ongoing probe of Mrs. Diezani Alison-Madueke, former Minister of Petroleum Resources. The Nation reported that of…
- 29 Aug 2017
Diezani Loses N7.6B Loot, Protesters Demand Extradition from UK
The Federal High Court in Lagos yesterday ordered the final forfeiture of N7.6billion allegedly stolen and hidden by Mrs Diezani Alison-Madueke, former Minister of Petroleum Resources. This came as…
- 25 Jul 2017
Diezani Lavishes $144m on Yacht, Artworks- US
Mrs. Diezani Alison-Madueke, former minister of Petroleum Resources, allegedly laundered about $144m, using part of the funds to purchase a yacht, landed properties, furniture and artworks, according…
- 8 Oct 2015
Diezani Cannot Leave UK Till Next April- Court
Mrs Diezani Alison-Madueke, former minister of Petroleum Resources will not be able to leave the United Kingdom (UK) until April, next year, that is when the investigations into allegations against…
- 14 Oct 2014
NPDC, Seplat to Invest N32Bn on Azura Power Plant
The Nigerian Petroleum Development Company (NPDC) and Seplat Petroleum Development Company Plc Joint Venture will invest N32bn ($200m) on the Azura-Edo power plant, Mrs. Diezani Alison-Madueke, the…
- 20 Apr 2014
NNPC Denies Rift with Diezani, Petroleum Minister
Nigerian National Petroleum Corporation (NNPC) at the weekend denied the rumour of frosty relationship between Mrs. Diezani Alison-Madueke, minister of Petroleum Resources and chairman of NNPC board,…
- 12 Jun 2014
Diezani Loses Bid to Become OPEC Secretary General
Diezani Alison-Madueke, Petroleum minister yesterday lost out in the race to replace the secretary general of the Organisation of Petroleum Exporting Countries (OPEC), as the incumbent Abdalla S.…
- 14 May 2015
Sanusi Says $12.5Bn Oil Money was Diverted under Jonathan
Muhammad Sanusi II, Emir of Kano and former Central Bank of Nigeria (CBN) governor, yesterday insisted that some $12.5billion oil money was diverted under President Goodluck Jonathan’s…
- 19 Jan 2015
FG Reduces Fuel Price to N87 Per Litre
Federal government on Sunday announced a belated 10 percent reduction in cost of premium motor spirit (PMS) directing that the implementation was at midnight of January 18. It means that pump price…
- 30 May 2016
"Missing $20Bn Oil Money" Diverted to Poll
Economic and Financial Crimes Commission (EFCC) claimed that it has traced the diversion of the substantial part of the missing $20billion oil cash to the 2015 electioneering campaign of the…
- 27 Apr 2016
EFCC Arrests Bank MD over Alleged $115m Diezani’s Cash
There were strong indications Wednesday night, that operatives of the Economic and Financial Crimes Commission (EFCC), may have arrested the Managing Director (MD) and chief executive officer of a…
- 4 Jun 2015
Buhari to Become Next OPEC President
President Muhammadu Buhari is set to become the next President of the Organisation of Petroleum Exporting Countries (OPEC), as Nigeria still retains its seat, an official of the Nigerian National…
- 20 Feb 2013
Nigeria Seeks Global Efforts to Curb Oil Thieves
President Goodluck Jonathan had last week, Nigeria’s lambasted Western countries whom he accused of buying ‘blood-oil’ stolen from the country’s massive network of crude-oil pipes in the Niger Delta…
- 5 Jun 2014
US Dumps Nigeria Crude Oil
United States of America (USA) has finally stopped importation of crude oil from Nigeria, this is sequel to the discovery of Shale oil and gas in commercial quantity. Mrs. Diezani…
- 25 Aug 2008
Nigeria Gets Highway Development Roadmap
Federal Government has set a three-year road map for the development of highways, targeted at promoting the culture of maintenance and upgrading of existing infrastructure to enhance socio-economic…
- 9 Jul 2014
FG sets up Nigerian Content Office for ICT
Federal government has moved to replicate the successful implementation of the Nigerian Content policy in the oil and gas industry in other key sectors of the economy with the setting up of the…
- 15 Mar 2014
Civil Societies Organize to Protest Missing $20Bn
Chief Dino Melaye, former member of the House of Representatives and executive secretary, Anti Corruption Network, yesterday, said that 96 civil society organisations have indicated interest in the…
- 9 May 2016
Panic in Banks as EFCC Spreads Loots’ Dragnet
Anxiety have enveloped the banking industry over the resolve by the Economic and Financial Crimes Commission (EFCC) to undertake full-scale investigation of scandalous lodgements in some banks by…
- 6 Feb 2014
Sanusi Says $20Bn Leakages in NNPC May Ground Economy
Sanusi Lamido Sanusi , governor of the Central Bank of Nigeria (CBN) has stated that his decision to take part in the joint press briefing called by Dr Ngozi Okonjo-Iweala, minister of finance,…
- 5 Jan 2014
NNPC Says $10.8Bn not Missing
The $10.8billion out of $49.8billion is not missing but being reconciled, according to Dr. Omar Ibrahim Farouk, general manager, Media Relations Department, Group Public Affairs Division, Nigerian…