Guest Columnist

Prof. O. Iledare I sincerely wish all our VCM readers, Happy New Year. May boundary lines fall in pleasant places for Nigeria in 2022! Permit me to refer to the observations espoused in the May 2021 issue of Valuechain Magazine on…
Read More...

-Processor Omowumi O. Iledare The Petroleum Industry Act 2021 (PIA) attempts, quite objectively, to the amorphousness in the regulatory and governance institutions in Nigeria. It establishes three governance…
Read More...

(This Op-Ed was written before PIB was assented to by the President) -Professor Omowunmi O. Iledare 1.0 – Preamble The structure of the petroleum industry in Nigeria has been significantly altered in comparison to two decades…
Read More...

By Dr. Wisdom Enang Fossil fuels provide 80 per cent of the world’s energy, and are undoubtedly the energy foundation upon which global societies function. A sudden change in the composition of that foundation can potentially…
Read More...

–Professor Omowumi O. Iledare The energy transition, which refers to the switching away or transformation of the global energy sector from fossil-fuel dominated energy supply mix to zero-carbon emission sources, has fundamental…
Read More...

Prof. Omowumi O. Iledare Preamble: In an environment where perfectly competitive petroleum downstream market exists, the inkling for price regulation is an anomaly. However, if the downstream market structure or conduct is a…
Read More...

-By Prof. Omowunmi O. Iledare Background: The challenges facing the petroleum industry in Nigeria in the last ten years include, but not limited to: declining number of active rigs, declining number of producing wells, declining…
Read More...

-By Professor Omowunmi O. Iledare PREAMBLE: The Constitution of Nigeria empowers the Nigeria National Assembly to prescribe laws in such a manner as to optimally manage oil and gas resources in Nigeria. Thus, the Host Community…
Read More...

-By Professor Omowumi O. Iledare Preamble: Decades of delay in enacting a Petroleum Industry Reform Bill (PIB) to effectively and efficiently manage the Nigerian petroleum resources, despite many attempts, have caused dwindling…
Read More...

March 8 is marked as International Women’s Day (IWD). It is a day set aside to celebrate the social, economic, cultural and political achievements of women all over the world. The day also marks a call to action for accelerating gender…
Read More...