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Showing posts with the label 2017 at 09:11AM

FG eyes Russian investment in oil sector

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http://ift.tt/eA8V8J *OPEC appoints Nigerian, Alternate Chairman, OPEC board By Michael Eboh THE Federal Government has invited Russia and investors from the country to invest in the Nigerian oil and gas sector. In a statement by the Ministry of Petroleum Resources in Abuja, Minister of State for Petroleum Resources, Mr. Ibe Kachikwu met with his Russian counterpart, Alexander Novak, where they explored areas of mutual interest in the oil industries of their countries. Kachikwu expressed Nigeria’s interest in having Russia and Russians come to participate in the Nigeria’s growing oil sector, pointing out that the reforms and processes being put in place which aims to enhance the investment climate in Nigeria, has recorded major achievements with the on-going implementation of the 7 BigWins – Nigerian Petroleum Industry Roadmap. In his response, Novak assured Kachikwu that Russia is interested in participating in the Nigerian oil industry and would suggest that preliminar...

Tension in Bayelsa as 6 vigilantes still detained over death of 23-year-old villager

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http://ift.tt/eA8V8J By Emem Idio OKOROBA—THERE is intense anxiety at Okoroba, a riverine community in Nembe Local Government Area, Bayelsa State, over the arrest and protracted detention by the police of six members of the town’s vigilante group, accused of killing a 23-year-old indigene, Opp Amond, three months ago. The community claimed that the vigilante members were ordered by the Regent of the community, HRH Romani Ide, to recover the remains of the deceased, who got drowned while taking his bath in the village, but the family of the deceased pointed fingers at the vigilante members detailed to reclaim his remains. Troublesome dimension The matter took a worrisome dimension when police detectives investigating the matter, arrested six members of the vigilante group, who recovered the remains of the deceased on the directive of the village head. Their prolonged confinement provoked the folks, leading to unnecessary destruction of property, including public amenities by angry ...