Ata Udo

Posts by Ata Udo:

Jonathan yet to sign 2013 budget, despite lawmakers’ approval

The 2013 Nigerian budget is being delayed by the Executive. (more…)

Diezani Allison-Madueke, Nigeria's Minister of Petroleum. [Photo:]

NNPC restores sabotaged pipeline, cautions marketers against petrol diversion

The NNPC said it now has 32 days of strategic petrol reserves (more…)

Mining site used to illustrate the story.

How Nigeria loses billions in solid mineral sector- NEITI report

More that 70 per cent of mining companies in Nigeria are inactive. (more…)

Finance Minister, Ngozi Okonjo-Iweala

300 jostle for “Chief Investment Officer” of $1bn Sovereign Wealth Fund

There is a scramble for the post of Chief Investment Officer of the Sovereign Wealth Fund. (more…)

We politicians exploit religious, ethnic sentiments for selfish reasons — President Jonathan

“Most of us who are politicians exploit religious sentiments to divide Nigerians for our own selfish gains,” Jonathan. (more…)

I narrowly escaped death in crashed helicopter- Labaran Maku

Mr. Maku was scheduled to be in the crashed helicopter. (more…)

Nigeria’s FEC agenda for Wednesday

The FEC will discuss the proposed Centenary City ahead of the centenary celebrations in Nigeria. (more…)

NNPC accuses Total of blackmail over Egina oil field project contract

The NNPC said Total and other international oil companies cannot stampede it. (more…)

Okonjo-Iweala accuses indicted oil marketers of sponsoring mum’s kidnap

Mrs. Okonjo-Iweala blamed unnamed petrol marketers for her mum’s kidnap. (more…)

Jonathan summons emergency FEC meeting

The emergency FEC meeting will hold on Tuesday. (more…)

NEXIM commits N2.5 billion to solid mineral sector development

Nigeria’s solid mineral sector is under-exploited. (more…)

Crude Oil theft, others reduce money shared by governments to N573bn in November

More money was shared by the three tiers of government in October than November. (more…)

7 million people affected by recent floods, NEMA says

Over 2.1 million people were displaced by the floods. (more…)

Shea Butter nuts [Photo:]

Nigeria loses N340.6bn annually to shea butter smuggling

Shea butter is smuggled daily across the Nigerian border to Benin Republic (more…)

Oil workers threaten strike over alleged anti-labour practices at FTZ

The Unions say the Onne Free Trade Zone engages in anti-labour practices against their members. (more…)

Okonjo-Iweala, Budget Office director evade questions on Jonathan’s banquet hall

The Minister refused to comment (more…)

Why Nigeria’s Vision 20:2020 ambition may not be achieved- NESG

Saudi Arabia would hold the posiion Nigeria hopes to attain. (more…)

PENGASSAN, NUPENG plan joint strike over sacked Shell workers

The unions  say Shell is undermining union activities. (more…)

FG releases N170bn fourth quarter allocation to MDAs

Out of N300 billion approved for MDAs, the Federal Government has cash backed N170 billion. (more…)

84 Stockbrokers to get N22.6bn government fund

The money will help revive the stock market, the coordinating minister for the economy said. (more…)

‘Extremely’ weak corporate governance, weak credit administration characterise Nigerian banks- NDIC

The NDIC and the CBN carried out the examination of the banks (more…)

87% of bank frauds in 2011 occurred in top 10 banks, says NDIC

The banking industry lost N4.07bn to frauds and forgeries in 2011 . (more…)

ALSCON ownership: BFIGroup wants to be joined in London suit

BFIG wants UC RUSAL to join it in its suit filed against the Federal Government. (more…)

Trial of Oshiomhole’s aide alleged murderers begins Thursday

The late Olaitan Oyerinde was killed in May. (more…)

Exclusive: Nigeria to join organisation of French speaking countries

FEC will discuss the avalanche of contracts to be awarded and the country's plan to join Organisation of French Speaking Countries (more…)