Govt reaps N1.8tr in oil royalties, taxes – The Guardian
December 1, 2009 by Bunmi Awolusi · Comments Off
The Federal Government has received over $13 billion or N1.82 trillion in taxes and profit from exploration activities in the country’s deepwater oil blocks since the start of the Producing Sharing Contract (PSC) partnership four years ago.
Ex-militants protest in Warri – Demand jobs – Tribune
November 10, 2009 by Bunmi Awolusi · Comments Off
Operations of Chevron Nigeria Limited, Warri, was, on Monday, disrupted for many hours by ex-militants, who were demanding for employment and other human development programmes.
Hundreds of the placard-carrying former militants, under the auspices of the Niger Delta Welfare Committee (NDWC), stormed the office of the multinational company, located on the NPA Effu-run expressway and restricted movement in and outside the premises.
Oil firms may sack workers over petroleum bill – The Guardian
September 22, 2009 by tim · Comments Off
Some multi-national oil companies in the country have begun sensitisation of their workers on the Petroleum Industry Bill (PIB) and the likely fall-outs of the proposed law if passed by the National Assembly and signed by President Umaru Musa Yar’Adua.
NNPC, oil multinationals count losses over militants’ attacks – The Guardian
September 7, 2009 by tim · Comments Off
Barely two months after the cessation of hostilities in the Niger Delta, oil multinationals may have begun to take stock of their losses during the era of attacks on their facilities and kidnap of their workers.
