July 2nd, 2008 | by Imnakoya | published in Governance, Nigeria
Having an illuminated expressway in Nigeria sounds cool, right?
The Federal Government has earmarked over N50 million to illuminate the ever busy Lagos-Ibadan Expressway to avert accidents and improve the security situation.
The federal controller of works, Mr. Tunde Ekunsumi, who revealed this to newsmen in Lagos said the light up plans would not only give […]
June 30th, 2008 | by Imnakoya | published in Environment, Governance, Nigeria, Oil
“The Federal Government has said that it is ready to shut in oil wells and lose revenue if that was what would be required to achieve the 2008 gas flares out deadline”, in a statement credited to a senior official of the Department of Petroleum Resources, and reported by the Punch Newspaper.
“The time […]
June 25th, 2008 | by Imnakoya | published in Governance, Nigeria
The government of Chief Olusegun Obasanjo spent N86.29 billion on the moribund railway project, it has been revealed, according to Tribune news paper.
The Auditor-General of the Federation (AGF), Mr. Robert Ejevami, said on Tuesday in Abuja that there were discrepancies in the N86.29 billion railway modernisation project, adding that while it was awarded for $250 […]
June 24th, 2008 | by Imnakoya | published in Corruption, Governance, Nigeria
Governors Olusegun Agagu (Ondo) and Liyel Imoke (Cross River) are two of the three governors drafted into the Power Emergency Implementation Committee to monitor the investment in the power sector. As from July, the federal government will start spending some $4 billion USD on power plant projects nationwide.
If you are thinking as I did, […]
June 21st, 2008 | by Imnakoya | published in Energy, Governance, Nigeria, Oil
Nigeria crude oil production may decline by as much as 30% as the oil sector suffered two devastating blows on the Bonga and Escravos oilfields. The attacks occurred within the last seven days.
Royal Dutch Shell operates the floating Bonga offshore facility that produces about 200,000 barrels per day. Chevron produces 120,000 barrels per day […]
