Petroleum industry

By IndepthAfrica
In Article
Mar 31st, 2014
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by Safiya Bello It seems that women are held up to different standards in this country. A woman in any position of power is judged not just by her competence or her contributions but by some other less palatable standards. And when she doesn’t conform to these undefined rules, the male critics ...
By IndepthAfrica
In Article
Mar 14th, 2013
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24 Views
By Olusegun Adeniyi Statistics, according to Aaron Levenstein, are like a woman’s bikini bathing suit. While what they reveal is usually suggestive and interesting, what they conceal is even much more vital. That perhaps is the only way to explain the Petroleum Industry Bill (PIB) debate last week in...
By IndepthAfrica
In Article
Jan 10th, 2013
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8 Views
Following the passage of the 2013 Appropriation Bill last December, a public commentator, Mr. Igboka Uwadiegwu, wrote: “Nigeria’s national budget is 5 trillion Naira? Nigeria is not a poor country then, Nigeria is a miserable country. Five trillion Naira would be something like 33 billion USD o...
By IndepthAfrica
In Nigeria
Nov 10th, 2012
1 Comment
8 Views
The Punch The House of Representatives has excoriated the Federal Government for its subtle moves to bury the Mallam Nuhu Ribadu-led Petroleum Special Task Force report. Consequently, it said President Goodluck Jonathan’s government lacked the political will to fight corruption, especially in the oil...
By IndepthAfrica
In Nigeria
Nov 1st, 2012
1 Comment
23 Views
by Danjuma Azemobo Musa  Nigeria’s ever boisterous grapevine would never lack in interesting stories. However, the popular maxim “there is no smoke without fire” however readily comes to mind when one digests any information so received. The newest story around town is the leaked Nuhu Ribadu PETROLEU...
By IndepthAfrica
In Article
Oct 23rd, 2012
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By William Wallis, Leadership (Abuja) The world is in the midst of a sustained oil boom. Yet Africa’s leading producer is haemorrhaging the proceeds. The Nigerian treasury, which should be raking in record revenues, has been squeezed at both ends of the oil trade – upstream, by one of the...
By IndepthAfrica
In Article
Sep 5th, 2012
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by Mrs Ngozi Okonjo Iwealla Contrary to the impression given by some marketers and their agents, the Federal Government has continued to pay marketers whose claims have been duly verified. This is in line with its commitment to encourage honest and professional private sector operators in the subsidy...
By IndepthAfrica
In Article
Jul 26th, 2012
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7 Views
Uche Igwe I was invited to a roundtable on the Nigerian Petroleum Industry Bill organised by the Africa Studies Department of the Johns Hopkins University in Washington DC on the 3 November 2010. During the panel discussion, I alerted the audience that what the Nigerian government intended to do (at ...
By IndepthAfrica
In News
May 29th, 2012
3 Comments
6 Views
Nigeria’s long-awaited oil law, when it finally comes, looks likely to be a botched job that gives favourable tax terms to foreign oil firms while doing little to satisfy calls fo transparency and reform of a corrupt and wasteful sector. A new draft of the long-awaited Petroleum Industry Bill (PIB) i...
By IndepthAfrica
In Article
May 26th, 2012
1 Comment
5 Views
by John C.K That corruption is associated with oil production is acknowledged to be a worldwide problem. But the scale of corruption in Africa is in a class by itself, particularly in Nigeria. As black Africa’s largest oil producer, OPEC member Nigeria currently exports just over two millions barrels...