Opinion

Extractive Sector Transparency, Value Maximisation, and Nigeria’s Economic Recovery, By Waziri Adio

We need sustained investment in health, in education, and in critical modern infrastructure that will make our economy more competitive and expand the creative, productive and competitive capacities of our people and by extension, of our country. This is how we can derive optimal benefit from endowment in natural resources,…
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Opinion

National Asset: To Sell or Not to Sell?, By Samuel Diminas

The sale of several oil and gas asset would benefit the Nigerian economy in the mid to long term. All commercial asset in which the state has a controlling and operating interest should be scaled-down. These include asset held by the Nigerian Petroleum Development Company (NPDC), the exploration and production…
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Opinion

They Don’t Care if We Exist – Crude Oil Spill Impacts at Forcados, By Nnimmo Bassey

The mangrove forests were heavily impacted. Dead crabs and fish littered the shoreline at the village. It was a river of oil as far as we could see. The effort to put up a clean-up show for the visiting minister did not quite pan out as they may have expected.…
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Guest Columns

Why the Federal Government Should Prosecute Mrs. Diezani Alison-Madueke, By Femi Akinfolarin

The Nigerian National Petroleum Corporation (NNPC) is probably the most important government institution in Nigeria because it largely funds the federal, states and local governments via its payments into the Federation Account of income from Nigeria’s oil field operations. The parastatal provides about 70% of all government revenue. This income…
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Opinion

Again, A Case of Uncounted Billions, By Okey Ndibe

To a first-time visitor, much of Nigeria is likely to appear like the wreckage of a long war, what with its gutted roads, rutted infrastructure, the near-absence of electric power, and the paucity of pipe-borne water. It’s a developmental nightmare, a relic of the misshapen monuments of small-minded men and…
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