Binder1 24 september, 2014

Page 1

NIGERIA’S MOST AUTHORITATIVE NEWSPAPER IN POLITICS AND BUSINESS

Wednesday, September 24, 2014

Vol. 1 No. 218

/newtelegraph

@newtelegraph1

www.newtelegraphonline.com

N150

Shell considers ‘secret' sale of Ogoni oil blocks Adeola Yusuf

S

hell Petroleum Development Corporation (SPDC) is secretly working to sell its licences in Ogoniland, Rivers State, including its stake in the

750 million barrels Oil Mining Lease (OML) 11, New Telegraph gathered yesterday. Shell has 30 per cent holding, its partners, Total has 10 per cent while ENI holds 5 per cent in OML 11

located in the heart of the Ogoniland. The company has shut down 23 producing fields on the OML 11 block, particularly Bomu and Ohuru. These fields have re-

mained idle since clashes between the Movement for the Survival of the Ogoni People (MOSOP) headed by the late Saro-Wiwa and the Nigerian Army between 1992 and 1995. For over 20 years, some

of the assets have been lying unused and are becoming rusty as Shell and its host community in the area have been at loggerheads over the high level of oil leaks that have polCONTINUED ON PAGE 6

MD, SPDC, Mutiu Sunmonu

Rage over $9.3m seizure

lReps in rowdy session lSenate begins probe }3 Quick Read

Editorial Lessons from International Day for Democracy }19 Akwa Ibom 2015: Court declines to void zoning }6

Police, protesters clash as Rivers judiciary crisis worsens }4 Court stops Suntai from appearing before medical panel }6

Tambuwal, IG in crucial }47 meeting Scenes from the invasion of the premises of Rivers State High Court by the police in Port Harcourt...yesterday.

Lagos suspends probe of Synagogue

lSenate blames incident on corruption, unethical practices Chukwu David and Muritala Ayinla

T

he Lagos State Government has suspended investigation

into the collapse of a building at the Synagogue Church of All Nations that killed over 100 worshippers and injured 131 others.

The state Commissioner for Information and Strategy, Mr. Lateef Ibirogba, said the state would no longer proceed with the investigation

following the decision of the Federal Government to set up a different committee to look into the cause of the collapsed building.

He added that all findings on the disaster would be withheld pending the outcome of another probe panel set up by CONTINUED ON PAGE 5

Only Jonathan can decide running mate, says Presidency }3 Lagos

Thunder Storms

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