Nigeria oil lost corruption case as Milan court acquits Shell, Eni

A court in Milan on Wednesday cleared oil titans Shell and Italy’s Eni of corruption charges in a $1.1 billion bribery case involving control of a profitable Nigerian oil block. In inclusion to the companies, Eni’s current CEO his forebear and a former Nigerian oil minister were among 13 defendants discharged after a three-year trial involving the 2011 acquisition of the OPL 245 offshore oil field. Non-governmental organizations and… Read More Nigeria oil lost corruption case as Milan court acquits Shell, Eni

Liberia votes on Weah plan to reduce presidential terms

Liberians voted on Tuesday on President George Weah’s strategy to reduce presidential terms, with critics fearing the former football star would use the constitutional referendum to hang on to power. Weah has argued that maintaining the identical leader for a long time “is not the right way to go” as well as desires presidents along… Read More Liberia votes on Weah plan to reduce presidential terms

126 times Power grid have failed in seven years

• Govt justifies disaster, says grid collapse worldwide issue•’ Privatise TCN, decentralise grid’• GenCos, DisCos count losses Nigeria’s Osogbo based national energy power system has failed electricity customers for more than 126 times since the nation’s power market was privatised in 2013. Though the Federal Government owned Transmission Company of Nigeria (TCN) describes the situation… Read More 126 times Power grid have failed in seven years