Showing 1 - 10 of 11
Nigeria is energy rich yet its citizens are energy poor. Petroleum is the dominant energy source and the gas sector supplies 66% of fuel for powering the electricity generating plants in Nigeria. Petroleum is the main export commodity and a major foreign exchange earner for the country. Thus, if...
Persistent link: https://www.econbiz.de/10013240449
The need to evaluate and reappraise the Nigerian Renewable Energy Status in in order to position it for sustainable development has become apposite. This is due the dwindling fortune of the oil and gas industry coupled with the environmental pollution associated with the fossil fuels. Besides,...
Persistent link: https://www.econbiz.de/10013241018
Nigeria is an oil and gas producing country but sadly its gas sector had suffered serious setback in terms of development and utilisation. Although, the crude oil sector is nearing maturity, the gas sector is still in its infancy due to some past regulatory mistakes. As a result of low gas...
Persistent link: https://www.econbiz.de/10013247705
Since the discovery of oil globally, nations states have never been the same. The ways of life, thinking and doing things equally changed. The transition from analogue way of doing things to digital was facilitated by oil. The present computer age, the journey to space, lifesaving machines and...
Persistent link: https://www.econbiz.de/10013247707
The oil and gas industry involves colossal capital investment. It is capital intensive, volatile and replete with risks. Risk allocation as the term implies, is the mechanism of risk apportionment among the key players in the oil and gas industry. The paper tried to evaluate how risks are shared...
Persistent link: https://www.econbiz.de/10013247866
Any policy, law or regulatory framework that adds value to the indigenous host country’s goods, services and human beings has in it the local or indigenous content. An examination of the Oil and Gas Contents Development Act 2010 in Nigeria will show significant progress made in the foray of...
Persistent link: https://www.econbiz.de/10013250998
The Nigerian Electricity Supply Industry (NESI) is without doubt a large utility industry with capacity for multiplier and value chain expansion. The NESI composed of generation, transmission, distribution and marketing sectors is however bedeviled by a wide range of challenges including lack of...
Persistent link: https://www.econbiz.de/10013245573
Mediation and conciliation as a means of dispute settlement have been transformed from the primitive means to an egalitarian choice. In settling commercial disputes, primitive society have resorted to fighting, but in recent times people are beginning to recognize the benefits of settling...
Persistent link: https://www.econbiz.de/10014089636
This paper appraised the principle of Permanent Sovereignty over Natural Resources (PSNR) with special focus on Nigeria’s petroleum industry. The cardinal objective is to establish the need for the natural resources-rich developing countries, to derive maximum benefits from the petroleum...
Persistent link: https://www.econbiz.de/10014089637
In this era of merger of corporations and smaller companies, downsizing and recession of both small and large oil and gas companies, it is important to ascertain the impacts of this transformations on the most vulnerable stakeholder of these companies - the company’s staff/employees. An x-ray...
Persistent link: https://www.econbiz.de/10014102449