Friday 11 January 2013

Kola Karim: The Deal Maker

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Kola Karim
Kola Karim is the Group Managing Director and Chief Executive Officer of Shoreline Energy International Limited and Shoreline Power Company Limited.
Karim graduated from City University London with a Bachelor's Degree in Business Law in 1988.
He has attended management courses at the Harvard Business School, and also obtained an MBA from the University of Leicester, UK in 2007.

Again, Andy Uba Floors Ukachukwu

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Senator  Andy Uba


The senator representing Anambra South senatorial zone in the Senate, Senator Andy Uba, Thursday scored another landmark victory over his long time political opponent, Mr. Nicholas Ukachukwu, as the Court of Appeal sitting in Owerri, the Imo State capital dismissed the request to declare him as the  daily nominated candidate of the Peoples Democratic Party (PDP) for the senatorial election which was won by Uba.

Tony Buckingham: Swashbuckler with a Colourful Past

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 Tony Buckingham
Tony Buckingham is the founder and Chief Executive Officer of Heritage Oil, a company established in the 1990s to hold oil and gas exploration interests in offshore Angola.
One of the Isle of Jersey's richest men, Buckingham boasts a £500 million fortune.
Also described as a significant donor to the Conservative Party, Buckingham is known to most people as the FTSE 250's most famous former mercenaries, a tag he predictably deplores.

JONATHAN'S Dirty Poster Politics

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President Goodluck Jonathan
The presidency, last week, denied some 2015 campaign posters of President Goodluck Jonathan, which recently flooded Abuja, including some parts of the State House. The denial notwithstanding, sponsors of the idea may have, however, achieved their target even as dirty poster politics appears the in-thing. Shola Oyeyipo writes

 Naturally, when elections approach, it is trite that posters of different aspirants or candidates are usually the first campaign tool designed to create awareness as well as woo the electorate for the intended offices. But when posters come a bit earlier than necessary, it goes beyond the traditional votes canvassing strategy; in such an instance, it speaks more to dirty politics. It is for such reason that the central characters for whom the fall plot is conceived are quick to dissociating themselves from the trend. For them, the implications are grave. 

SPECIAL REPORT: Briton with Dodgy Past Acquires Nigeria’s Prolific Oil Blocks

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 Minister of Petroleum, Dizeani Allison Madueke

On November 9, 2012, Heritage announced the successful completion of the acquisition of a 45 per cent interest in Oil Mining Lease (OML) 30, with effect from November 1, 2012.
In August last year, the company announced its intention to sell part of a gas block and borrow money from Genel Energy Plc to raise $450 million, easing concerns about how it will fund oil field purchases in Nigeria.

EFCC Quizzes Soludo, 15 Others over Currency Contract

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Prof Chukwuma Soludo

The Economic and Financial Crimes Commission (EFCC) Thursday grilled former Central Bank of Nigeria (CBN) Governor, Prof. Chukwuma Charles Soludo, for hours over the award of contracts for the printing of N20 polymer notes during his tenure.
The commission, it was gathered, is investigating allegations of underhand dealing in the award of the contract for the printing of the polymer notes between 2006 and 2008.

MRS: Yet to Ascertain Cause of Barge Explosion


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MRS Fire

MRS Oil and Gas has stated that it was yet to ascertain the cause of the fire incident and explosion that occurred on one of its barges on Wednesday.
This came as Governor Babatunde Fashola of Lagos State Thursday appealed to the Federal Government to commence the process of relocating all oil tank farms from the residential areas of the state as a long-term measure to end threat to lives and property in Apapa and its environs.