A representative group that agitates for better resource control rights for oil producing communities in Nigeria, has decried the continued exclusion of Anambra State from oil derivation funds. The group, Host Communities of Nigeria (Oil and Gas Producing Communities), Hostcom have demanded an explanation of the whereabouts of the crude oil drilled from the recently… Continue reading Host Communities Condemn Anambra’s Continued Exclusion From 13% Oil Derivation Funds
Category: Economy
Agenda for Kemi Adeosun, newly elected Chairman of Afrexim Bank
Nigeria’s Finance Minister Ms Kemi Adeosun has been elected as Chairman of Afrexim Bank. Congrats to her. One of the aims of Afrexim Bank is to promote trade between African countries. This task has not been easy to meet. In fact, Africa has not made much progress here. It is easier for so many African… Continue reading Agenda for Kemi Adeosun, newly elected Chairman of Afrexim Bank
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Putin to pump $162 billion into Russian economy
People are fleeing Nigeria
Nigeria is not at war. At least, unless you are in some Middle Belt States were herdsmen are disputing with farmers in a very bloody way, you won’t argue this point. But the way people are leaving the country in droves, you would think it was the Titanic sinking. People are fleeing because the economy… Continue reading People are fleeing Nigeria
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Expert: China, India are ‘new Silicon Valley’