British Court orders Shell to pay $410 million damages
British Court orders Shell to pay $410 million damages
over Oil Spills
In the first case of its kind, a
British High Court in London has ordered the oil major,
Royal Dutch Shell to pay compensation of potentially more
than £250m ($410m) after the Anglo-Dutch oil group admitted
liability for two spills in Nigeria .Read more @ http://huhuonline.com/index.php?option=com_content&view=article&id=3332:british-court-orders-shell-to-pay-410-million-damages-over-oil-spills&catid=103:more-news
Resolution of Recapitalization through Bridge
Banks
The Central Bank of Nigeria (CBN) is aware of,
and supports, the decision of the Nigeria Deposit Insurance
Corporation (NDIC), to exercise its statutory powers under
the Nigerian Insurance Deposit Corporation Act, to establish
Enterprise Bank Limited, Keystone Bank. Reaad more @ http://huhuonline.com/index.php?option=com_content&view=article&id=3334:re-resolution-of-recapitalization-through-bridge-banks&catid=101:letters&Itemid=400
Al-Mustapha's Video Shows Yoruba Leaders in Aso
Rock
Former Chairman of the Economic and Financial
Crimes Commission, (EFCC), Mallam Nuhu Ribadu, has denied
claims by Major Hamza al-Mustapha, former Chief Security
Officer to the late Sanni Abacha, that the former was
specifically instructed to eliminate him in 1998 .Read more
@ http://huhuonline.com/index.php?option=com_content&view=article&id=3330:al-mustaphas-video-shows-yoruba-leaders-in-aso-rock&catid=103:more-news
Ogoniland Pollution Worst than earlier thought, say
UN Agency
The environmental restoration of Ogoniland
could prove to be the world's most wide-ranging and long
term oil clean-up exercise ever undertaken if contaminated
drinking water, land, creeks and important ecosystems such
as mangroves are to be brought back. Read more @ http://huhuonline.com/index.php?option=com_content&view=article&id=3333:-ogoniland-pollution-worst-than-earlier-thought-say-un-agency&catid=89:finance&Itemid=379
Goodluck Ebele Jonathan, President of Some
Nigerians
Won ní kárúgbó gba m pon,
ó ní e bí won mo pé òun ò léhín; won
ní kó pa m j ni?The old woman is asked to carry a
child on her back, and she says but they know she has no
teeth; was she asked to eat the child.Read more @ http://huhuonline.com/index.php?option=com_content&view=article&id=3328:goodluck-ebele-jonathan-president-of-some-nigerians&catid=77:personal-tech&Itemid=420
The Nexus between Weak-Institutions and Governance
Failure
Nigeria’s underdevelopment is a result of
general governance failure. Most analysts point at vices
such as corruption, inequality, kleptomania, unemployment
etc as the fundamental causes of Nigeria’s
under-development. While it is germane to acknowledge. Read
more @ http://huhuonline.com/index.php?option=com_content&view=article&id=3329:the-nexus-between-weak-institutions-and-governance-failure&catid=56:you-your-family&Itemid=412