What Does The Niger Delta Clean-Up Mean for Profiteers

Ogoni-land

It has been announced by the Buhari Administration that the heinous cumulative oil pollution in the Niger Delta will be cleaned-up; this is very good news. The clean-up was recommended by the 2011 UNEP report (i.e. four years ago). Why it took so long to get to this stage can be said to be as a result of a confluence of sheer misgovernance, inordinate oil wealth greed, political insensitivity and as you might have known already, it is corruption. So what is the predictable expected scenario of the clean-up in practice? Continue reading

Nuclear Power in Nigeria: Another Crazy ‘Pole Vault’

For many years the Government of Nigeria seems to be managed by a class of “capability pole vaulters”. Government officials tend ‘pole vault’ the nation into many projects they lack the capability, will or wherewithal to execute or sustain effectively. The latest pole vault project is the establishment of nuclear reactors as power plants to provide conatsnt electricity in Nigeria. This is a nation that cannot independently manage its uncomplicated thermal and hydroelectric power plants with any efficacy or credibility. Continue reading

The End of Oil is the Beginning of Prosperity in Nigeria

One inexplicable phenomenon among Nigerians is their response to the news that Nigeria’s oil is facing a possible demise as a major export commodity. That would be “The End of Oil.” It is a distressing reality to grapple with for some in one category of the demography. Economists and political scientists who I hang out with regularly are cynical if not fearful of the implications for that state known as Nigeria. Such a disturbing reaction is probably the one to expect. We may ask, would the end of oil also mean the end of the oil curse?

Continue reading

%d bloggers like this: