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

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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Tougher times ahead, says Okonjo-Iweala

November 13th, 2014 // // Nigeriawatch

  PUNCH Tougher times ahead, says Okonjo-Iweala   NOVEMBER 14, 2014 BY OYETUNJI ABIOY The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Thursday said the country would this month begin to feel the impact of the falling global oil prices, which started in June. Consequently,...
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Nigeria’s total debts rise to N10.8tr

November 12th, 2014 // // Nigeriawatch

  DAILY INDEPENDENT   Nigeria’s total debts rise to N10.8tr By Andy Nssien  / Business Editor   Nigeria’s appetite for borrowing continues unabated  as the country’s total debt now stands at 10.841 trillion as at the end of September this year. ...
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GEJ DECLARES: Speech on Occasion of His Declaration of Intent to Run for the 2015 Presidential Elections under the Platform of the Peoples Democratic Party (PDP)

November 11th, 2014 // // Elections 2015

  FULL TEXT OF SPEECH   Address by His Excellency, President Goodluck Ebele Jonathan, GCFR On the Occasion of His Declaration of Intent to Run for the 2015 Presidential Elections under the Platform of the Peoples Democratic Party (PDP) Eagle Square, Abuja Tuesday 11th Novemb...
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FG Loses 4,700MW of Electricity to Gas Shortage

November 11th, 2014 // // Energy Development Project

  THIS DAY FG Loses 4,700MW of Electricity to Gas Shortage 11 Nov 2014 Barely four days after the federal government announced that for the first time in Nigeria’s history, it was generating 4,600 megawatts (MW) of electricity, the Minister of Power, Professor Chinedu Nebo, ...
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