Rising poverty, resource misappropriation amidst N83trillion oil revenue
Last week, Nigeria Natural Resource Charter (NNRC) in its Benchmark Exercise Report (BER) revealed that Nigeria has made N83 trillion from oil and gas in the last 37 years.
With El-Rufai’s report, fresh controversy trails oil revenue
By exhuming the ‘politically buried’ onshore/offshore dichotomy debate, the ruling All Progressives Congress (APC) has started another round of controversy over territorial limitation of oil wealth control between the Federal Government and littoral oil-producing states. A committee set up by the ruling party, apparently to douse the tension raised by strident agitation for restructuring of…