Category: Economy

An Oil Producing Country Without Fuel

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  The ongoing energy crisis manifesting as scarcity of petroleum products has for the umpteenth time portrayed Nigeria for what it truly is, a failed nation. Our failure is monumental and tragically so. A friend drew the analogy between Nigeria and a household that grows cassava, but lacks garri and the children from that home go plate in hand starving and begging whereas their parents’ farms hold thousands of cassava stems with robust tubers ensconced in the womb of the earth. Nigeria prides herself as a leading oil producing nation,…

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Economy: An Oil Producing Country Without Fuel

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By Sunny Ahwefeada,    The ongoing energy crisis manifesting as scarcity of petroleum products has for the umpteenth time portrayed Nigeria for what it truly is, a failed nation. Our failure is monumental and tragically so. A friend drew the analogy between Nigeria and a household that grows cassava, but lacks garri and the children from that home go plate in hand starving and begging whereas their parents’ farms hold thousands of cassava stems with robust tubers ensconced in the womb of the earth. Nigeria prides herself as a leading…

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Deltans Send SoS To Gov Okowa Over Revenue House In Ughelli North

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Aside oil boom, the next pot of income generation in Delta state is through internally generated revenue handled by the state revenue board but it is sad to see that the Revenue House situated along Ughelli/Asaba road is in shamble. The Revenue House was built during Dr Emmanuel Eweta Uduaghan administration under Joel-Onowakpo Thomas as chairman of the Delta State Board of Internal Revenue, DBIR, and it is believed that since it was constructed, no major renovation has taken place. A critical look at the Ughelli North Revenue House, that…

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NEXIM Bank: COMAC Cautions CSOs Over Okotete Appointment

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  A Civil Society Organisation, Coalition Against Malpractices and Corruption (COMAC), has called on the Federel Government to make punishment more stringent for person who peddle false and unverified allegations. COMAC’s Executive Secretary, Mr. Babatunde Kolawole, in a chat with newsmen in Lagos, said several unscrupulous elements and racketeers have infiltrated the Civil Society Space and thus reducing the poise of anti-corruption. Babatunde said, his statement was following calls by group of legal practitioners, Lawyers For Justice Reform for the sack of Hon. Stella Okotete, the Executive Director, Nigeria Export…

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