Speaker of the House of Representatives, Hon. Yakubu Dogara, has stated that the National Assembly will engage with all stakeholders on contentious issues as it begins work on the Petroleum Industry Bill (PIB). Dogara made this remark while speaking during the National Stakeholders Summit on Petroleum Industry Reforms organised by the House Committees on Petroleum... Read More

Downstream, House of Representatives, petroleum industry, PIB, restructuring, upstream, Yakubu Dogara

May 17, 2016

0 Comment

In one photo, an argument that Nigeria is not really a mono-economy

A popular opinion is that Nigeria’s economy is a mono economy that is tied directly to the petroleum industry. While this maybe true in terms of revenue earned by the government, this photo, tweeted by social commentator @TunjiAndrews, shows otherwise in terms of the larger economy. So, I was just interviewed on "Diversifying Nigeria's economy" Again &... Read More

The News Blog

diversified, economy, GDP, nigeria, petroleum industry, revenue

September 9, 2013

0 Comment

Ijeoma Nwogwugwu: Time to stop toying with the PIB (1)

by Ijeoma Nwogwugwu But as the legislators on both side of the divide bicker and employ delay tactics over what really are inconsequential issues that could easily be resolved, they have ignored the issues that have a greater impact on the Nigerian economy and its ability to attract investments into the sector. For 13 years,... Read More

economy, ijeoma nwogwugwu, nigeria, petroleum industry, PIB, privatisation, sector