Fixing refining business in Nigeria
CHIJIOKE NWAOZUZU
September 17, 2018
The issue of deregulation of petrol (PMS) price has been a contentious issue for over two decades, as well as the deregulation of the refining business in Nigeria. However, we need to be clear on what the challenges are and how we go about deregulating the entire downstream petroleum sector. Deregulating the price of petrol […]
Rethinking Africa’s economic and social development (4)
Olukayode OyeleyeSeptember 17, 2018
The wave of economic and social transformation sweeping through the world has brought its effects to bear with varying intensities and in many different ways in various parts of the world over the years. Those variations are still observable now and, for obvious reasons, might continue to be seen in the future. While it came […]
On economic implications for governance, business, development of fluctuating oil revenues
CHIJIOKE NWAOZUZUSeptember 10, 2018
Oil revenue has been and still is the mainstay of the national economy and is likely to remain so for a long time to come, as it currently provides the bulk of government revenue and most of the foreign exchange earnings. At present, crude oil exports account for about 90 percent of foreign exchange earnings […]
Some salient insurance clauses
Francis EwheridoSeptember 10, 2018
There are some clauses which are ubiquitous and salient in most insurance policies. Incidentally these clauses have been the source of much suspicion of insurance professionals and dispute between the insurance industry professionals and the insuring public. Usually, an insurance professional should draw the attention of his clients to clauses that can lead to dispute […]
Rethinking Africa’s economic and social development (3)
Olukayode OyeleyeSeptember 10, 2018
Africa’s place in the emerging world order should no longer be treated as pre-ordained, economically, socially, politically, or intellectually. Rather, it must be recognised that the continent has a duty to secure its niche through deliberate and relentless struggles in all spheres of life. The copious reference to the Information Technology (IT) industry should serve […]
Developing Nigeria’s gas pipeline infrastructure
CHIJIOKE NWAOZUZUSeptember 3, 2018
Environmental concerns have made the use of natural gas very attractive. Surging electricity demand is also one of the major drivers of increased consumption of natural gas (Gas-toPower). Globally, natural gas utilization for electric power generation is expected to increase more than 25% faster than fuel use of all types over the next 10 years. […]
Rethinking Africa’s economic and social development (2)
Olukayode OyeleyeSeptember 3, 2018
Various positive projections about Africa’s demographic prospects and preponderance in human resources in decades ahead remain, for now, as projections at the very best, and are vulnerable to confounding variables which could upset such projections in ways beyond contemplation in the very near future or thereafter. Some of those variables are already self-evident in their […]
Common mistakes policy holders make
Francis EwheridoSeptember 3, 2018
History has a way of repeating itself. Consequently, it is imperative to reiterate certain facts, situations and issues to remind people of what to do and what they ought not to do. I was woken up early in the morning, a few days ago (a businessman’s phone has to be on 24/7 nah!) by a […]
Developing an African regional market for natural gas
CHIJIOKE NWAOZUZUAugust 28, 2018
The key to extensive international trade in natural gas lies in developing global integrated/substantial pipeline grids, and increasing Liquefied Natural Gas (LNG) fleet, where navigable water access is available. Integrated pipeline facilities do not presently exist in much of the world, but are being built rapidly. By 1991, international gas trade was focused in North […]
Rethinking Africa’s economic and social development (1)
Olukayode OyeleyeAugust 28, 2018
Events of the past three decades have had significant social, political and economic impacts on Africa as well as the entire world to varying degrees. For Africa in particular, the varying degrees of impacts and their causes have been subjects of studies, commentaries and criticisms through the subsequent years. The missing links, however, involve those […]