Skip to main content


Showing posts with the label Oil and Gas

Diezani Alison-Madueke, such is life By Lekan Fatodu

 There’s no doubt that most members of the so-called economic or power elite in Nigeria who arrogantly arrogate the right to our common-wealth to themselves and their clan are the most inhumane in several aspects. I remember the good old days whenever the immediate past Nigerian Minister of Petroleum Resources, Mrs Diezani Alison-Madueke coughed the entire circle of the rich - especially the oil cabal - will be thrown into frenetic concern with despe rate jostle for a space for a full-page advertorial (worth about £4,000) in major Nigerian newspapers to send a "Get Well Soon" message to the then most powerful minister in Nigeria. But now that things have gone terribly awry for the woman, the wealthy 'friends' of Diezani are no where to be found. Let's assume many of them didn't believe the online source that broke the news a few days ago that the woman was undergoing treatment for cancer in London, Diezani has spoken about her ill-health in a no-hold

Oil Marketers suspend strike in Nigeria

This is good news.The major oil marketers have suspended their strike.For days now, Nigerians have had it so rough getting fuel from filling stations.  Here is how Punch reported the story Major Oil Marketers Association of Nigeria on Friday reached an agreement with the National Association of Road Transport Owners to suspend their strike, according to an official. MOMAN Executive Secretary, Mr Femi Olawore, made this known while speaking with newsmen on the ongoing impasse with the government over outstanding fuel subsidy


  The Nigerian President,Mr.Goodluck Jonathan has been doing all within reach to convince Nigerians why the prices of fuel in his country skyrocked as a result of removal on fuel subsidy.Here we present you the full test of his broadcast to Nigerians. Dear Compatriots, 1.    A week ago, I had cause to address Nigerians on the security challenges we are facing in parts of the country, which necessitated the declaration of a state of emergency in 15 Local Government Areas in four states of the Federation. That course of action attracted widespread support and a demonstration of understanding.


Bayo Akinpelu, former Director at Chevron Nigeria, will moderate a conversation between Austin Avuru, Femi Aisida and Dayo Adegoke around the theme: The Book as The Key To The Knowledge Economy at the Freedom Park in Lagos on Saturday November 20, 2011. Mr Avuru is the Chief Executive of Seplat Petroleum, the Nigerian E&P company which produces 37,000Barrels of oil a day; Aisida oversees Energy and Mineral Resources(EMR) and Adegoke is Managing Director of Mosenergy.   Both companies are hydrocarbon consulting firms. The conversation involves reading, reviews and discussions around four books, including Malcolm Gladwell’s The Tipping Point, Niall Ferguson’s The Ascent Of Money: A  Financial History Of The World, and Tom Friedman’s The World Is Flat as well as Hot. Flat and Crowded. The discussions are taking place as part of the Lagos Book and Art Festival, a three day festival of the written word, now in its 12th year. The Festival involves drama skits, music, 10 panel sessions a