Democracy is defined as "rule by the people". After prolonged military rule in Nigeria and the subsequent return to democratic rule in 1999, the Nigerian people hoped for a life much better than during the military rule.

THE Petroleum Equalization Fund (PEF) says it has started the payment of about N8.6billion following its release by the Federal Government to the six major oil marketers in the country for bridging of petroleum products across the country.

AS the country teethers on the brink of economic uncertainty occasioned by recession in Europe, the United States of America, parts of Asia and dwindling oil prices, the Nigerian oil and gas industry appears set to implode owing to government's

THE Chairman, Senate Committee on Downstream Petroleum Resources, Senator Paulker Emmanuel, has called for a phased full deregulation of the oil sector.

The Federal Government may have rescinded its earlier decision to leave petroleum pump prices at their current rates notwithstanding the soaring crude oil price.

Vice President Goodluck Jonathan weekend in Abuja reassured that the Federal Government will give all necessary support to indigeneous steel product manufacturers to strenghten the nation's industrial growth.

OIL companies that are indebted to the Federal Government may need to start preparing for the pay up time, following the pronouncement that the Department of Petroleum Resources (DPR) is reconciling its outstanding royalties with the oil producing companies.

The government intends to install new pipes to end the perennial water shortages in Borolong. Tonota acting senior assistant council secretary, Boitumelo Moatshe, said they are aware of the shortages in Borolong and that is why they have decided to

The Volta River Authority (VRA) has announced an interruption of power supply to Takoradi and its environs due to a contractual inspection it is undertaking at its 110 Mega Watts Tico Unit at the Takoradi Thermal Power Plant Complex.

Federal Government yesterday entered into a deal with a German company, Hagens Engineering, for the implementation of the Green Wall Sahara project estimated to attract N300bn (1.5bn Euros) foreign investment.

Ghana is seeking to extend her coastal line in order to explore opportunities for more oil resources and other economic gains.