Nigeria has accomplished much in the oil and gas sector by moving from about three percent local content value in the oil industry to about 54 percent,
The Federal High Court in Port Harcourt, Rivers State has remanded a former chief accountant, Chinedu Akandu, and four others in custody for alleged conspiracy, money laundering and obtaining by false pretence. Chinedu and four others who are said to be former employees of Megastar Technical and Construction Company Limited, Andrew Odibenua, Calistus Madu, Abiola Allison and Okpeva Elija, were arraigned by the Port Harcourt Zonal Command of the Economic and Financial Crimes Commission, EFCC.
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