It is difficult to guess what was on the mind of the Nigerian Electricity Regulatory Commission (NERC) in deciding at this time on an increase in electricity tariffs specifically targeted, in this instance, at Band A Customers of the Electricity Distribution Companies and opting to be the face of the hike in the tariff, while…
There’s no question that renewables will have a future in our energy systems in Africa. It’s an exciting prospect to consider homes powered completely by the sun and clean-burning cars with zero emissions. But for many areas of Africa, these green technologies feel more like flying cars and jet packs. In other words: They won’t…
Nigeria is enmeshed in a self-inflicted food crisis, even if it is one that is partly externally induced by the nature of the international economic order in which poor, but endowed countries, are reduced to exporting what they have, unrefined, in exchange for what they do not need, but have been conditioned to desire. No…
For almost four decades, Nigeria has been going round in circles, trapped in the wilderness of a Structural Adjustment Programme (SAP), which was supposed to take her to the Promised Land, but is obviously yet to, and which the proponents will argue is our fault. Nigeria remains marooned in no man’s land, sapped of the…
Again, we are back at this conversation about the conditional cash transfer scheme. If you have been engaged in a bit of social listening since the announcement of a proposed payment of N8000 to the most vulnerable in form of conditional cash transfer was announced, you could not but have noticed the talkdown about it….
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has officially announced that the investment profile in the nation’s telecommunications sector, comprising foreign direct investment (FDI) and local investment, has reached $75.6 billion as of 2021. Danbatta disclosed this at an interactive session with stakeholders in the communications media…
It’s been just over one week since the Central Bank of Nigeria announced what it referred to as “operational changes to the foreign exchange market”, which saw to the abolishment of segmentation, with all segments collapsed into the Investors and Exporters (I&E) window. Between June 15th when the change of policy, which was designed to…
There is a whole lot of confusion around/about Petrol Subsidy. That has always been so. Perhaps to do with the nature of oil and trade in the product. The Oil industry, especially in Nigeria, comes across as one sworn to a frustrating level of opacity. That is even more so on issues to do with…
By Simbo Olorunfemi “It always seems impossible until it’s done” – Nelson Mandela By all standards, the commissioning of the Dangote refinery and petrochemical project after almost 10 years since the dream was conceived is a phenomenal statement on the fact that nothing is impossible if we will draw to dream, set our minds to…
“We act in these matters in the right, as a matter of high principle. We act out of the integrity and conviction of our most deep-founded beliefs. If we permit ourselves to be tempted by narrow self-interest and vain ambition, if we barter our beliefs for short-term advantage, who will listen when we claim to…
