OpeOluwani Akintayo 10 May 2018, Sweetcrude, Lagos – The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru,…
Browsing: Prof. Wumi Iledare
“The chairmen of the harmonisation committee from both the House of Representatives and that of the Senate, and members of the committee have already been named. So, I do not think there would be any issue arising from the internal efforts of the National Assembly,” he stated.
He stated that energy security is a serious problem as Nigeria remains a net importer of refined products and suffers from significant power supply deficit.
Iledare said Nigeria was a good example of a country that produced energy but did not consume enough of it and the more reason its economy was not expanding.
He said although the 2.4m bpd is not enough to sustain the economy, or even grow it, resource management is vital because studies have shown that emerging economies often experience economic degression when oil prices are good because they tend to be lacking in capacity to manage the boom.
13 August 2015, Abuja – The President of the Nigerian Association of Energy Economics, Prof. Wumi Iledare, has stressed the need…
