Chief Correspondent, Nigeria, Lagos
Tim's Feed
Sep 5, 2013

Nigeria warns oil block buyers could lose operating rights

LAGOS (Reuters) – Nigeria’s state oil company warned investors interested in three shallow water oil blocks offered for sale by Chevron (CVX.N: Quote, Profile, Research, Stock Buzz) that buyers may lose the right to operate them.

U.S.-based Chevron is selling minority stakes in joint ventures that operate five oil blocks. The majority owner is the Nigeria National Petroleum Corporation (NNPC).

Aug 22, 2013

North Nigeria’s poor beat path to nascent mining boom

BAGEGA, Nigeria, Aug 22 (Reuters) – Like almost everything
else in Nigeria’s economy, mining of metals and other solid
minerals fell by the wayside when the West African nation
discovered oil.

In the two decades to 1954, foreign companies produced
around 360,000 ounces of gold in total, according to government
statistics – tiny by today’s standards, but not insignificant
for a country approaching independence with high hopes.

Aug 20, 2013

Nigeria navy parades four from rare pirate capture

LAGOS (Reuters) – The Nigerian sailors had started marching four captured pirates onto a boat when an officer shouted “hold on” to give the cameras a chance to get into position.

With a semi-circle of local reporters in dark orange life jackets snapping photos and rolling film, the men started moving again at Lagos naval command, chains clanking around their ankles.

Aug 11, 2013

Nigeria backlash against Boko Haram spurs risky vigilante war

ABUJA/MAIDUGURI (Reuters) – Nigerian ironworker Ba Kaka initially felt sympathy for Boko Haram’s violent uprising against a state he and many others saw as corrupt, un-Islamic and kowtowing to Western ideology.

But as deaths mounted in the Islamist sect’s bloody campaign against state institutions, security services, Christians and even school children in northeast Nigeria, he began to see them as a threat to his life and livelihood.

Aug 11, 2013

Analysis: Nigeria backlash against Boko Haram spurs risky vigilante war

ABUJA/MAIDUGURI (Reuters) – Nigerian ironworker Ba Kaka initially felt sympathy for Boko Haram’s violent uprising against a state he and many others saw as corrupt, un-Islamic and kowtowing to Western ideology.

But as deaths mounted in the Islamist sect’s bloody campaign against state institutions, security services, Christians and even school children in northeast Nigeria, he began to see them as a threat to his life and livelihood.

Aug 8, 2013

Nigerian policeman caught extorting money on camera is sacked

LAGOS (Reuters) – It was a crime so familiar to inhabitants of Nigeria’s corruption-ridden main metropolis that few would have batted an eyelid had the victim not managed to record the whole incident on a secret camera.

The outcome was much rarer – a policeman sacked for trying to extort money from a motorist over a supposed traffic offence.

Jul 24, 2013

UK police probing Shell, ENI Nigerian oil block deal

LAGOS (Reuters) – British police are investigating a money-laundering allegation related to a big oil field bought by Shell (RDSa.L: Quote, Profile, Research, Stock Buzz) and ENI (ENI.MI: Quote, Profile, Research, Stock Buzz) from Nigeria for $1.3 billion, after most of the cash they paid ended up in a company linked to a former Nigerian oil minister.

The probe concerns offshore block OPL 245, which industry sources say contains up to 9.23 billion barrels of crude – more than enough to keep China running for two and a half years – the ownership of which had been in dispute for more than a decade.

Jul 12, 2013

Nigeria LNG pays $140 mln to end blockade on its ships

LAGOS, July 12 (Reuters) – Nigeria’s maritime security
agency has agreed to lift a three-week blockade on Nigeria LNG’s
ships, which had cost $475 million in lost revenue, after the
company agreed to pay a levy “under protest”, NLNG said.

The Nigerian Maritime Administration and Safety Agency
(NIMASA) had blocked liquefied natural gas ships from leaving
the Bonny terminal for the past three weeks because of a dispute
over unpaid levies, which NLNG argued it was exempt from paying.

Jul 8, 2013

Nigerian court again orders end to blockade of LNG ships

LAGOS, July 8 (Reuters) – A Nigerian federal court
reiterated an order on Monday for the maritime security agency
to end a blockade of Nigeria’s liquefied natural gas company
(NLNG) ships that is costing an estimated $22 million a day, a
lawyer said.

Justice M.B. Idris rejected an application against the
ruling from the Nigerian Maritime Administration and Safety
Agency (NIMASA) and Global West, a security company contracted
to enforce the blockade, lawyer for NLNG Tola Oshobi told
Reuters outside the Lagos court.

Jul 5, 2013

Nigeria court to rule on LNG blockade on Monday

LAGOS/LONDON, July 5 (Reuters) – Nigeria’s federal court has
delayed a ruling on a tax dispute between Nigeria’s liquefied
natural gas company (NLNG) and the maritime security agency over
taxes until Monday, extending a deadlock that is costing $22
million a day in lost gas exports, according to an economist.

Since June 21, the Nigerian Maritime Administration and
Safety Agency (NIMASA) has barred LNG cargoes from entering or
leaving the loading bay at the Bonny terminal in the Niger Delta
because it says NLNG is not paying a 3 percent levy, from which
the NLNG argues it is exempt.

    • About Tim

      "“I am the Bureau Chief for Nigeria. Before that I covered West Africa for 2 years from Ivory Coast, Iraq for 2 years (from Baghdad), and east and central Africa for 5 years, including Uganda, eastern DRC, South Sudan, Kenya and Madagascar.”"
      Joined Reuters:
      2005
      Languages:
      English, French
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