HOT ARTICLES :

A Federation without Federalism - By: Nasir El-Rufai

If any questions remain as to why, despite huge oil revenues and massive borrowing by the government - poverty, unemployment and insecurity have worsened, our detailed analysis in this column of the 2011 and 2012 budgets of the federal

Read more: A Federation without Federalism - By: Nasir El-Rufai

Opposition Politics and Lessons of Senegal - by Nasir El-rufai

The West Africa has found itself in the news recently for two diametrically opposed phenomena: the coup in Mali just six weeks to national elections and the just concluded run-off elections in Senegal. The Senegalese elections are especially

Read more: Opposition Politics and Lessons of Senegal - by Nasir El-rufai

Oil and Gas (6): PIB – Will It Ever Be Enacted? by Nasir el Rufai

eL RUFAI
Most discerning Nigerians would know one thing: that once a bill that is submitted to the National Assembly refuses to be enacted into law after three years of intensive pressure, then there is more to it than meets the eye. The economy – and financial security of our country for the time being depends significantly on oil revenues, yet a bill that is supposed to consolidate and protect Nigeria’s interest in the exploitation and

Read more: Oil and Gas (6): PIB – Will It Ever Be Enacted? by Nasir el Rufai

Oil and Gas (5): Gas - the Evaporating Opportunity - by Nasir El-Rufai

Nasir el Rufai
The gas component of the Nigerian Oil & Gas Sector is vast in quantity and potential - much more than oil, yet it remains sub-optimally developed. Compared with the estimated crude oil reserves of 40 billion barrels, our gas deposit is some 184 trillion cubic feet (tcf) - about the 7th largest gas reserves in the world. Our gas quality is high and particularly rich in liquids and low in sulphur. There are however other structural weaknesses in the

Read more: Oil and Gas (5): Gas - the Evaporating Opportunity - by Nasir El-Rufai

Oil & Gas (4) - The Subsidy Conundrum, by Nasir el Rufai

Nasir el Rufai
In 1962, according to Alhaji Adamu Wazirin Fika, the Government of the Northern Region faced a shortfall in revenues from falling world commodity prices. At a crisis meeting of the regional ministers, the first decision agreed on was that the salaries of the ministers should be cut by 50 per cent. Today, even as the polity is becoming more heated due to worsening economic conditions and plans by government to remove

Read more: Oil & Gas (4) - The Subsidy Conundrum, by Nasir el Rufai

Oil & Gas (3) - The Downstream Dilemma - By Nasir el Rufai

Nasir el rufai
The downstream parts of the oil and gas sector include all activities following the delivery of crude oil to processing plants for refining, conversion and value addition into gasoline, diesel, kerosene and petrochemicals, including transportation, storage, marketing of the finished products and associated services. The value chain entails the supply of crude oil to the refineries, primary distribution from refineries

Read more: Oil & Gas (3) - The Downstream Dilemma - By Nasir el Rufai

The Yar’Adua-Jonathan presidency stunted Nigeria's Development - El rufai

Yaradua and Goodluck
"This principle is called the law of the Lid. A people can never grow beyond the level of their leader and if you have a leader who is not fully developed mentally, spiritually and emotionally, such a leader will be a lid on the people much like a lid over as pot and the country will not progress beyond his ability to govern. A recent example is the Yar’Adua-Jonathan presidency who have been unable to grow beyond their immediate ethnic

Read more: The Yar’Adua-Jonathan presidency stunted Nigeria's Development - El rufai

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