Opinion

Fuel Price Hike: The Facts of the Matter, By Izielen Agbon

The alternative model for determining fuel price is the production pricing model. In this model, the fuel price is the cost of crude oil at the refinery gate, the refining cost, the distribution and marketing cost and the taxes. Oil producing nations used the production pricing model for fuel prices…
See More »
Opinion

“Deregulation” As An Overused Lie In Nigeria, By ‘Tope Fasua

Deregulation is, in other words, real and proper regulation of an industry.  Are we ready to stop corruption or get Nigerians to do the right thing in their roles? Are we ready to stop this self-imposed rat-race that we foisted on ourselves?  I don’t think so. That we never learnt…
See More »
[sc:"post loop ad"]
Opinion

Fuel Price Hike: Time to Bring Back CNG As A Better Alternative To PMS, By Femi Falana

To add insult to injury, the Federal Government has said that henceforth the prices of fuel would be dictated by market forces. Instead of handing over the Nigerian people to market forces, albeit illegally, I call on ASCAB to mount pressure on the Federal Government to implement the policy of…
See More »
Opinion

Between Hushpuppi and Hushpoliticians, By Chido Onumah

There will be another opportunity to explore the different dimensions of the Hushpuppi phenomenon. Just to say that Nigerian Hushpoliticians are enablers of Hushpuppi and company; the Hushpolitician is the father of Stealing from Nigerians has been a favourite pastime of our Hushpoliticians since independence. But it does appear it…
See More »
Columns

The Fruitlessness of An Okonjo-Iweala Leadership of WTO, By Owei Lakemfa

On the shark World Trade Organisation (WTO), while it is true Okonjo-Iweala is a Nigerian and an African, of what comfort is it to the forest that the handle of the sharp axe cutting down its trees is made of wood from the forest? I first met Dr. Ngozi Okonjo-Iweala…
See More »
Opinion

Petroleum Industry Governance Bill and the Urgent Need to Reform NNPC, By Najim Animashaun

...passing the PIB will never be enough on its own. Implementation requires ensuring that the habits and culture of the past do not infect the new organisation. This means putting in place a board of the most proficient hands with the skill sets needed to turn our strategic national assets…
See More »
Opinion

Fuel Subsidies In Nigeria: Time To Dump Them For Good, By Christopher Beaton & John Adeoti

Nigeria and its people have suffered enough self-harm from the toxic relationship with gasoline subsidies. They deserve better. It’s time for all stakeholders — government at all levels, private sector organisations, labour unions, civil societies, students and youth groups — to stand up and agree that fuel subsidies aren’t welcome…
See More »
Columns

Story of the Vanishing Loaf: How To Kill a Local Company, By Azu Ishiekwene

...GE is saying, among many other tongue-in-cheek things it has said over the years, that it has handed over the liability in the dispute with Arco to one Baker Hughes, a so-called successor company unknown to the original contract. That was after it said it was unwilling to reopen the…
See More »
Columns

The Prospect of Oil and Gas In Northern Nigeria, By Hannatu Musawa

Questions surrounding whether the NNPC invested enough funds in seismic data acquisition and drilling in these areas or whether the cessation of oil exploration in the Lake Chad Basin and Benue Trough is related to geopolitical issues in the country, will continue unless more efforts are made. The new group…
See More »