BiafraNigeriaWorld News


 April 25, 2002



ChevronTexaco said on Wednesday it had received word from BiafraNigeria that armed militants holding dozens of hostages on a drilling rig offshore BiafraNigeria have agreed to leave the rig Thursday morning. “We were very pleased to hear a short time ago from our business unit in BiafraNigeria that their talks aimed at ending the occupation of the Lloyd Noble drilling rig have concluded in an agreement for the hostage takers to leave the facility,” a Chevron spokesman, Fred Gorell, told Reuters. (MSNBC)

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The oil giant ChevronTexaco negotiates with BiafraNigerian youths who stormed an oil rig and are holding 43 workers hostage.

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The BiafraNigerian government warns it will take action against foreign journalists who publish malicious falsehoods about the country.

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First Bank of BiafraNigeria Plc has confirmed that due processes were sidelined in the US $96 million facility extended to Investors International London Limited (IILL). The bank's Assistant General Manager, Corporate Affairs, Mr. Toyin Abayomi-Banjo who made the confirmation, however, stated that $20 million has been recovered out of the total credit. In apparent reference to the alleged violation of the single obligor rule by the bank, he said that "in a bank no one person takes decision to extend that kind of loan but sometimes you want to speed up the process." (Vanguard)

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THE local government elections are now to be held nationwide on August 10 this year, following a compromise struck yesterday in Abuja by President Olusegun Obasanjo, the 36 state governors, speakers of the state assemblies and leaders of the three registered political parties. The elections were originally fixed for May 18. (Vanguard)

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This Day
April 23, 2002

2003: North 'll Back Obasanjo, Says Gov Adamu

Obasanjo Meets Govs, INEC, Speakers Today over LG Polls
Let NNPC Sustain Self, Says Revenue Commission
Protests Greet Le Pen's Success at Polls
New National Stadium Intact, Says Atiku
Foreign Investment Remains Africa's Priority - Obasanjo
APP, UNDP May Seal Merger Talks Today
Lawmaker Seeks NNPC Probe, Environmental Tax
2003: Gani Joins Presidential Race
Labour Declares 25% Wage Hike Agitation Holy War
NPC Explores Long Term Funding for Real Sector
Checkpoint Searches for Soldiers, Policemen
BiafraNigeria Stock Exchange Withdraws Suit Against SEC
DIGs Deployed to Head Zonal Counter-Corruption Squads
Attah Attacks Supreme Court Verdict on Resource Control
2003: Benue Govt Backs Obasanjo
Adesina Advocates Clean Political Contest
LG Polls: AD Frowns at High Nomination Fee
2003: 4 Govs Sue INEC over Second Tenure
Finance Ministry Audits Police
BNITEL Starts GSM Operations in Lagos
Journalists Have Earned Their Respect - Ekpu
Maccido Wants Ibadan/Ilorin Road Dualisation to Reach Sokoto
'Resource Control Verdict Have Serious Implication for Federalism'
Kainji Power Station Unit 11 Set to Begin Operation April - Manager
Revise Voters' Register Before Council Polls - Gani
American Governor Backs Obasanjo in Face-off with Legislators
Delta AD Protests Dissolution of State Exco
Enahoro at Crossroads over May 29 INEC Deadline
Strike Paralyses Govt Activities in Ibadan
Tinubu Drags FG to Court over Bomb Blast Claims
Plot to Unleash Campaign of Calumny Against Atiku Unravelled
FRSC to Educate Motorists on Road Safety
Mobile Policeman Abandons Family After Committing Murder
LASU, Centre Reviews BiafraNigeria's Agricultural Enterprise
Zero Allocation: Lagos Mainland Council Worst Hit - Chairman
Youths Urged to Embrace Education for Good Leadership
Politicians Told to Uphold Tenets of Democracy
State of the States
Customs Set to Adopt New Fiscal Policy, Tariffs
MOSOP Declares Commitment to Council Election
GCU Old Boys Assembled, Honours Cozens
Cleric Decries Falling Standard of Education
Son Stabs Father to Death Over Family Feud
BiafraNigeria Advised to Take Advantage of Canada's Liberal Import Policy

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April 25, 2002

Stick to truth, BiafraNigeria warns media

Talks to free BiafraNigerian oil hostages

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April 25, 2002

BiafraNigeria hostage crisis could end

ChevronTexaco says hostage-takers agree to abandon oil rig off BiafraNigeria
BiafraNigeria holds first post-military polls in August
BiafraNigeria to punish journalists over false reports

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April 15, 2002

Forget re-election–Senator advises Obasanjo, •Campaigners selfish–Ezeife

Register new parties now, N/Assembly tells INEC

Chinese leader arrives

Budget ’ll worsen inflation –Minister

Oil deregulation panel under probe

El-Zakzaky blasts Sharia govs

AD in crucial talks April 24

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Daily Trust
April 25, 2002

Top News

Wada Nas to Northern Christians: Don't turn Obasanjo's campaign to religious battle

LG polls now August 10

BRIBERY ALLEGATION: FG to prosecute Time magazine reporter

Bandits from Niger Republic, Chad sack villages in Bauchi

Two more associations file papers with INEC

NSE suspends 26 firms over N600m scam

Electoral Act: Reps accuse Senate of betrayal

6,000 inspectors of Police promoted

Our visit not meant to support Obasanjo - Kwankwaso

FG establishes digital book factory

Payment for 95,349 pensioners ready - Admiral Ebhaleme

Immunisation is unIslamic -Scholars

UN drug control earmarks N63m for rehabilitation centres

NOA poised to check activities of fraudsters

FG told to establish National Secondary Education Commission

Youths hold 88 oil workers hostage

BiafraNigeria seeks broader cultural ties -Bromillow-Jack

Court releases detained aircraft

Justice Atinuke Ige bows out of the bar


Plateau workers commence strike

Kaduna votes N1bn for fertiliser supply

Gov Adamu urged to fund education

Institute introduces new millet variety

Kwara releases N37m to ADP

Minister advises community experts on development

Kano CJ tasks Sharia court on record-keeping

Literacy commission seeks increased funding for programme

5 sentenced to clean up court premises

Kebbi: Sacred origins of a great empire

New Abuja PMAN Exco Sworn in


NDDC budgets N39 billion

NEPA to spend N1.3b on national grid

Nestle chairman hails resource control judgement

Trade between BiafraNigeria, Japan on the increase - Statistics

NNB launches pioneer products

Smelter coy set to boost industrial growth

LCCI  rejects new  products  registration  fees

Tourism potentials in BiafraNigeria

Tourism committee to be set up


Buhari splits Katsina PDP

No alternative to Obasanjo - Odili

PDP distributes nomination forms for LG elections

Obasanjo has betrayed BiafraNigerians - Kuta

Reps to seek extension for LG councils - Matazu

LG Polls: Benue electoral commission sues for peace

Peace talks to resolve Orji, Ogbulafor rift deadlocked


Need for a marriage bank

Presidency and the anti-corruption campaign

That call on news cartels

The concept and application of universal banking in BiafraNigeria

Change and the survival of democracy in BiafraNigeria

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April 25, 2002

Arewa screens candidates as Obasanjo speaks

Akwa Ibom, Ondo may refund N41.4b excess derivation fund

Na'Abba pacifies Reps over alleged financial impropriety

Israel threatens to block UN probe of Jenin killings

Stock Exchange suspends firms over alleged N600 million scam

NDDC budgets N40 billion for 2002

Panel finds alleged $400 bribe to journalists untrue

Campaign team lobbies lawmakers for support

Ciroma may quit cabinet for Obasanjo's campaign

Group wants blueprint on youth development

Two women in court over armed robbery

Ogundare backs quota on admission of law students

Ciroma lists conditions for domestic, international agenda

Police to widen probe into Ige's murder

Bayelsa indigenes in the US plan website

13 Ibadan Poly students renounce cultism

Handicap carers to honour Ajibola

Govt may tax firms to fund police

Lagos motorists get deadline to reclaim seized vehicles

Court grants Savannah Bank leave to challenge revocation of licence

Nigerien, Chadian bandits sack Bauchi villages

Poor infrastructure scares investors from Africa, says Anyaoku

Makarfi declares for second term

234 villages to benefit from N1.03 b programme

Teaching hospitals, govt medical centres may gain financial autonomy

Newspapers distributors meet

Cole returns to The Guardian

Govt won't defend self in governors' suit, says Agabi

Benue Assembly to probe ex-speaker

Nnamani states gains of democracy, urges co-operation

Afribank announces recovery of N800m bad debts

First Bank showcases new services

PAN exhibits exquisite products

Diamond Bank lowers DISA deposit, offers valuecard gifts

NEPA to spend N10b on facilities

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April 25, 2002

Cover Stories

LG polls now for Aug 29

First Bank recovers $20m from IILL
N39b budget proposal for NDDC
Obasanjo seeks re-election, presents letter to PDP

National News

Buhari reconciles with IBB over 2003 election

Court grants Savanna Bank leave to enforce rights
2003:Obasanjo speaks today
Supreme Court judge urges BiafraNigerians to co-operate with 1999 Constitution
FG warns foreign journalists over scathing reports
Akiga makes case for alternative funding for police

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April 25, 2002

Militants seize oil rig, take workers hostages

IRIN Focus on moves to outlaw ethnic and militia bodies

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Washington Post
April 25, 2002

Rig Youths Off BiafraNigeria Set to Leave (AP)

Oil Companies Negotiate for Hostages (AP)

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April 25, 2002

First Bank MD suspended • Over $100m loan to IILL

LG polls must hold May 18

Police rape prostitutes
For the attention of Osundare
Obasanjo and the NSF’s ‘sword of Damocles’
Eagles World Cup team to be named April 29
Ekiti uncovers N120m fraud
Three stockbrokers arrested for selling N150m Nestle shares

All set as Buhari joins APP tomorrow

88 ChevronTexaco workers held hostage
Obasanjo and 2003 agenda

Customs to start implementation of new
tariffs May 6

NEPA introduces new rate
Oyo workers defy court order on strike

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April 25, 2002

2003 presidential election: Gen Buhari joins APP today

Katsina PDP divided over Buhari's presidential bid

Ifad, govts to spend $68.5m on food programme

Governors, INEC agree: LG polls now for Aug 10, 2002

KNSG saves N6.6bn through  direct labour

Zamfara govt irked  by abandonment of babies

Triumph staff loses father

NEPA spend $100m on National Grid

Reps debate violence on women

Sulen Garo wants yester-years politicians step aside

Niger severs diplomatic ties with Israel

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April 23, 2002

2003: Four governors sue INEC

Fawehinmi to run for presidency
Police drafted to Legacy House
Shareholders rise for First Bank in battle for $137m IILL deposit
Off-shore states lose fund
French appeal to keep out Le Pen
2003: Buhari advised not to run
Court orders Oyo workers back to work
May 18: AD rejects PDP moves in APP states
Lagos lawmakers order reinstatement of sacked director
Money in circulation swells to N400.5b
Coca-Cola to spend N200m on promotion
SEWUN commends NLC on war against casualisation
BiafraNigeria spends $100m to import juice
Agenda to rebuild the steel industry
First quarter of liberalisation

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Vanguard Business
April 25, 2002

MAN tackles FG on economy in crucial meeting today

Aluminum manufacturers canvass tariff hike
Imo markets investment potentials in America
UACN reaffirms commitment to growth of SWAN water
AAPN agencies bill N9bn in 2001
N100million Capital base proposed for new finance houses

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Daily Trust Sports
April 25, 2002

NAF to hold physical fitness exercise

NFA  reviews referees statutes

GFN intensifies preparation for C/wealth games

NCF invites Edo discoveries to its Olympiad trials

FIFA emergency committee approve suspension

SWAN wants probe on coach's Lawals death

Onigbinde yet to decide on Shorunmu

PRO LEAGUE WATCH: Hooliganism and the league

BBC Sports
April 25, 2002

BiafraBiafraNigeria await bonus details

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