Namibia rejects fixed share in joint mining ventures

Namibian state-owned mining company, Epangelo Mining, will not commit itself to a fixed share in future joint ventures with mining firms, managing director, Eliphas Hawala, told Reuters in an interview on Wednesday. Mining minister, Isak Katali, made international headlines last month when he said certain minerals, including uranium, would be declared strategic and their future mining would fall under Epangelo.…

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Tanzania faces new round of power-rationing

Tanzania’s state-run power company announced on Wednesday daily 16-hour power cuts for a week starting from Thursday, due to an expected shortfall of up to 350 megawatts on the national grid. The Tanzania Electric Supply Company said gold mines, factories and other major energy users had agreed to cut down power consumption during the week-long blackouts. East Africa’s second largest…

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Zambia to decide on oil block awards

Zambia will decide on oil and gas exploration licences for about 14 blocks in the next two months, as petroleum prospecting interest in the copper miner increases, a senior government official said on Wednesday. Zambia last year started issuing oil and gas exploration licences to local and foreign companies in a bid to become an energy producer, after it passed…

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Enyimba trounce title chasers

19 May 2011 Nigeria Premier League (NPL)kings Enyimba thrashed title contenders Sunshine Stars 4-0 to continue their steady rise to the top of the table Wednesday. Enyimba have thus climbed three spots to sixth place in the standings with 35 points from 22 matches, while Sunshine remain in second place on 42 points. Striker Victor Barnabas opned scoring for his…

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Exclusive: ‘Osaze not bigger than Nigeria!’

19 May 2011 West Bromwich Albion star striker Osaze Odemwingie has been dropped from Nigerias two top matches against Argentina and Ethiopia next month with coach Samson Siasia insisting the player is not bigger than Nigeria. Siasia has brought the big hammer down on Osaze after he walked out on the Eagles ahead of a friendly against Kenya in March.…

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Top Africans in France

19 May 2011 The fourth of our series looking at best African performers in Europe. Following on from our look at the best Africans in England, Spain and Italy this season, we turn our attention to the French Ligue 1. 5. Modibo Maga (Sochaux/Mali) Appearances/goals: 34/14 The Mali forward joined Sochaux at the start of the season from le Mans…

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Senator set to dump Peoples Democratic Party

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Osita Izunaso, the senator representing Imo West under the platform of the Peoples Democratic Party (PDP) may be on his way to joining the All Progressive Grand Alliance (APGA) where he hopes to have another shot at the Senate in 2015. Mr Izunaso who was defeated by Hope Uzodinma for the Imo West seat under the PDP, is believed to…

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Fasehun pushes for South West Speaker

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The leader of the Oodua People’s Congress (OPC), Frederick Fasehun, has called on the present administration, led by the Peoples Democratic Party (PDP), to ensure that the position of Speaker of the House of Representatives remained with the South West. According to Mr Fasehun, anything contrary to this would be short-changing the Yoruba. “We hate to think that the Yoruba…

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Opposition party in Ondo accuses legislator-elect of forgery

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The Action Congress of Nigeria (ACN) in Ondo State and its candidate for Owo constituency I in the state House of Assembly, Ogunoye Folashade have levelled charges of alleged certificate forgery against the Labour Party (LP) legislator-elect in the area, Samuel Arowele. This was contained in a petition they submitted to the Ondo State Election petitions tribunal. Counsel to the…

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Cement dealers commend government’s price reduction

Cement dealers and block makers in the Federal Capital Territory on Wednesday lauded the Federal Government’s intervention to bring down the high cost of cement within 30 days. A cross section of cement dealers and block makers who spoke in separate interviews with the News Agency of Nigeria in Abuja said they were very happy with the development. Cynthia Ndubisi,…

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Kogi firm secures N1.7b loan for 350 housing units

The Kogi State Property and Investment Company Ltd (KOPIC) says it has secured a N1.7 billion loan to build 350 housing units in Lokoja, the state capital. Its Sole Administrator, Moses Okino, said on Wednesday in Lokoja that the loan was sourced from the Federal Mortgage Bank of Nigeria. Mr Okino said that vast land had already been acquired for…

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OIL POLITICS: Fighting nature at Eko Atlantic

Many people frown when it comes to calls for the holistic respect of the rights of nature. By respecting the rights of nature and understanding that we can do well to work with it and not against it, we will be on the road to achieving the systemic changes needed to halt humanity’s march to the cliff-edge. We shall be…

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