31.07.10 Nigeria Focus
July issue: Table of contents
Austen Oniwon
SPOTLIGHT
> Okon, Oniwon in secret pact over posts in the future planned incorporated
joint ventures
> The PIB amendment: Establishment of the Petroleum Producing Communities
Fund; Vesting of Revenue in the Fund; Allocation of the Fund; Allocation of the
Fund; Management Committee of the Fund; Tenure, Remuneration and Conditions of
the
Members of the Council
OIL & GAS
> Ministry declares NNPC bankrupt based on the fact that NNPC's current
liabilities exceed its current assets: NNPC management refutes claim; Subsidy
removal?
> Positive result for Afren as Ebok Deep exploration well yields positive
results
> Septa embarks on $1 billion domestic gas project
> Court orders Shell to pay damages to the people of Ejama-Ebubu community
in
Tai Eleme,
Rivers State
> Sunrise eyes ExxonMobil JV with demand of extra 10 per cent
> Sinopec first strike in Udele-3 since acquisition of Addax
NIGER DELTA
> NDDC budget proposal of 236.58 billion submitted by President Jonathan
> Ebebi's house bombed by armed gunmen in four double-engined boats
> Alaibe attacked by ex-militants protesting poor allowances
POLITICS & SOCIETY
> Defections rise ahead of election: Another twist in the tale? Let's all
go
to the CPC
> Election-rigging strategies revealed by Cross River State's former
governor
Donald Duke: The Nigerian way? Reading the riot act
> Constitutional amendments phase concluded with ratification of some
amendments
by required two-third majority of all 36 states
> Atiku suffers setback as his home state Adamawa endorses Goodluck
Jonathan
> Bauchi State deputy, Mohammed Garba Gadi, reinstated
ECONOMY & FINANCE
> Money for manufacturers from economic intervention fund
> Relaxing credit restrictions placed on banks over their credit operations
> Bharti Airtel to invest in Nigeria mobile phone market
> Nitel sale panel okays bidder, and $750 million deposit on its $2.5
billion
winning bid