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Cash call crisis threatens 2010 budget – The Guardian

December 9, 2009 by Bunmi Awolusi · Comments Off 

A Joint Venture Cash Call (JVC) crisis has joined the rash of obstacles to the successful take-off of the 2010 budget.

Already, the absence of President Umaru Musa Yar’Adua has been identified as a threat to the budget proposal, which is currently before the National Assembly.

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Post-amnesty oil output hits 2.4mbpd – The Guardian

November 16, 2009 by Bunmi Awolusi · Comments Off 

The Amnesty programme may have begun to yield fruit as Nigeria’s oil production has reached a record 2.4 million barrels per day (mbpd), the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Mohammed Barkindo, said at the weekend.

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