From Execu-thieves to Law-breakers – A Tale of Greed, Egotism and Corruption

November 26th, 2014 // // Nigeriawatch

It always comes down to this. How selfish, greedy and insensitive can some of these our rulers be? They are parasites feeding fat on the blood of the people, causing untold miseries and are like malignant tumours that just will not go away. Eight years as a governor of an oil-rich state, with thi...
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Dwindling Oil Price: CBN Devalues Naira, Raises Lending Rate

November 25th, 2014 // // Nigeriawatch

  LEADERSHIP Dwindling Oil Price: CBN Devalues Naira, Raises Lending Rate BY NSE ANTHONY-UKO — Nov 26, 2014 | Leave a comment The Central Bank of Nigeria (CBN) has taken a holistic monetary palliative aimed at ensuring Naira exchange rate stability and forestalling the pote...
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NERC’s proposed solar power project

November 24th, 2014 // // Energy Development Project

  GUARDIAN NERC’s proposed solar power project Tuesday, 25 November 2014 00:00 Written by EDITOR Category: Editorial Sam-Amadi-NERC1THE statement by the Nigerian Electricity Regulatory Commission (NERC), that it was working towards generating 7,200MW of electricity from solar s...
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Nigeria 2015: Are We Broke, Getting Broke or Going For Broke?

November 24th, 2014 // // General Articles

The news going round is that Nigeria is broke. I, for one, do not believe that fallacy. However, if the treasury is indeed empty or nearing emptiness, then what it means is that this happened because the government, this government and past governments had not exercised good fiscal, economic respons...
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Thinking through Nigeria’s Oil Wealth Beyond 2012 – O. O. O. Ogunkua

November 23rd, 2014 // // Nigeriawatch

  PRELIMINARY NOTE BY AUTHOR: The introduction of Austerity Measures by the Federal Government did not surprise me. On 30th January, 2008, I predicted the slackening demand for our oil, slowly at first, by 2012 and therafter, precipitously in a paper titled - Thinking Through Nigeria Oil ...
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Experts propose creative ways of funding Nigerian universities

November 23rd, 2014 // // Higher Education in Nigeria
Experts propose creative ways of funding Nigerian universities

QUOTE On creative models of sustainably funding the Nigerian university system, Okebukola proposed four models: Access-Equity-Cost-Sharing Model, Contextualised Formula-Funding Model, Performance-Based Funding Model, and the Host-Proprietor-University-User-Funding Model. According to him, the Acc...
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Theft, sabotage force oil production down to 2.2mbpd

November 22nd, 2014 // // Nigeriawatch

PUNCH Theft, sabotage force oil production down to 2.2mbpd NOVEMBER 22, 2014 BY ‘FEMI ASU Rising cases of oil theft, production disruption and delay in the passage of the Petroleum Industry Bill have forced down the nation’s oil production targets. In the 2013 budget, the country had targ...
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FAAC Revenue Allocation: FG, States, Councils Share N593.33bn For October 2014

  DAILY TIMES FAAC: FG, States, Councils Share N593.33bn For October ARTICLE | NOVEMBER 19, 2014 - 8:51AM | BY AUGUSTINE AMINU The Minister of State for Finance, Bashir Yuguda, on Tuesday announced that federal, states and local governments had shared N593.33 billion revenue th...
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Chinese firm wins Nigeria’s $11.97bn railway construction deal

1 Comment » November 21st, 2014 // // Nigeriawatch
Chinese firm wins Nigeria’s $11.97bn railway construction deal

    PUNCH Chinese firm wins Nigeria’s $11.97bn railway construction deal NOVEMBER 22, 2014 BY TUNDE AJAJA A Chinese company, China Railway Construction Corporation, has won a contract worth $11.97bn to construct a 1,402kilometres railway between two Nigerian states, Lagos a...
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Govt Houses costlier than Nigerian universities – PUNCH

November 14th, 2014 // // Higher Education in Nigeria
Govt Houses costlier than Nigerian universities - PUNCH

    PUNCH Govt Houses costlier than Nigerian universities NOVEMBER 8, 2014 BY OLABISI DEJI-FOLUTILE AND DAYO OKETOLA  State House, Bayelsa | credits: Nairaland,com The cost of building many government houses in Nigeria is far higher than what it takes to b...
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