• $9.6bn judgment: Ex-Petroleum Resources official sent to prison

    $9.6bn judgment: Ex-Petroleum Resources official sent to prison0

    (PM News) Grace Taiga, a female accomplice in the mega fraud, involving Process and Industrial Developments (P&ID) was remanded in Suleja Prison on Friday, on the orders of Justice O.A. Adeniyi of the Federal Capital Territory High Court, sitting in Apo, Abuja. She is being prosecuted by the Economic and Financial Crimes Commission, EFCC. Mrs.Taiga,

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  • P&ID kicks as court orders forfeiture of assets to Nigeria

    P&ID kicks as court orders forfeiture of assets to Nigeria0

    Irish firm, Process and Industrial Development (P&ID), yesterday described as fraudulent the ruling by the Federal High Court, Abuja, ordering the forfeiture of all its assets to the Federal Government. “Today’s (yesterday’s) sham trial in Nigeria is entirely illegitimate and follows a systematic campaign of harassment, intimidation and illegal detention of a number of individuals

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  • Edo workers move against firm for breaching ‘content law’

    Edo workers move against firm for breaching ‘content law’0

    Workers in Nigerian oil Industry have accused Oilserv Company Ltd operating Oben Community in Orhionmwon Local Government Area of Edo State, of breaching the local content laws. The law among others provide for a framework towards indigenous content in the Nigerian oil and gas industry.  Yesterday, the Nigerian Welders Association (NWA), which is an affiliate

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  • Buhari retains Petroleum portfolio

    Buhari retains Petroleum portfolio0

    President Muhammadu Buhari on Wednesday retained his position as the Minister of Petroleum Resources. Buhari, who was the Minister for the same ministry for four years, made the disclosure while assigning portfolios to the new ministers after they took oaths and the new cabinet inaugurated.

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  • Oil bunkering not a crime, says Buhari ministerial nominee

    Oil bunkering not a crime, says Buhari ministerial nominee0

    President Muhammadu Buhari ministerial nominee from Cross River State, Goddy Jedy-Agba has declared that oil bunkering was a legitimate activity in the business of oil and gas industry. Ministerial nominee from Cross River State, and former Group General Manager of Crude Oil Marketing of the Nigeria National Petroleum Corporation, Goddy Jedy-Agba, on Monday said oil

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