LAGOS JULY 9TH (NEWSRANGERS)-Col Hassan Stan-Iabo (retd) has described the media briefing which former Niger-Delta militant leader, Asari Dokubo, held at Nigeria’s seat of power as embarrassing. Last month, President Bola Tinubu welcomed Dokubo, his string supporter at the villa. Both men posed for photographs after a meeting inside the villa. On his way out,…
LAGOS JUNE 16TH (NEWSRANGERS)-The Nigerian Navy has dared former agitator and Niger Delta leader, Mujahid Asari Dokubo, to provide the names of officers involved in crude oil theft. POLITICS NIGERIA reports that Dokubo had earlier made claims, stating that the majority of oil theft cases in the oil-rich region can be traced to the Nigerian…
LAGOS NOVEMBER 15TH (NEWSRANGERS)-A Nigerian court has charged 26 men with conspiracy to commit a maritime offence and attempting to illegally deal in crude oil after authorities accused their supertanker of sailing in Nigerian waters without authority. The captain is an Indian national while the crew members are from Poland, India, Sri-Lanka and Pakistan, court…
LAGOS NOVEMBER 7TH (NEWSRANGERS)-The recent Press Release as issued by the Academy of International Affairs, led by Nigeria’s former External Affairs Minister, Prof. Bolaji Akinyemi, has continued to draw flaks from very concerned citizens including the public, who have variously, wondered where the former Minister and his associates had been, while the country’s natural resource…
LAGOS SEPTEMBER 8TH (NEWSRANGERS)-Members of a Nigerian oil workers’ union are threatening to go on strike if the government does not do more to stem widespread oil theft they say is putting their safety at risk and has cut exports by hundreds of thousands of barrels. Workers with the Petroleum and Natural Gas Senior Staff…
LAGOS JANUARY 9TH (NEWSRANGERS)-2021 ended with a report that Nigeria experienced a deficit of almost 200 million barrels of crude in the first 11 months of the year, mainly due to oil theft. But these experiences are all too common, and not limited to Nigeria alone. Year on year, we are seeing huge oil losses…
LAGOS JUNE 20TH (NEWSRANGERS)-Nigeria lost N851.84 billion ($2.78 billion) to oil theft and pipeline sabotage in 2019. This was disclosed by the Nigerian Extractive Industry Transparency Initiative (NEITI) latest oil and gas industry audit report. The agency stated that it arrived at the estimate after using an average price of $65.61 per barrel and an average…
LAGOS MAY 20TH (NEWSRANGERS0-Multinational oil giant Shell has revealed its intention to withdraw from Nigeria’s onshore oil sector. Making this known at Shell’s annual general meeting on Tuesday, the CEO, Van Beurden, said his organisation was in talks with the Nigerian government to work out how to exit its onshore licenses. Mr Beurden explained that…