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Wumi Iledare

10 May 2020
In the shut run, yes price will continue to fall until it begins to rise when inventory is depleted or nearly so. But that depends on whether OPEC+ reduces production dramatically.
28 Aug 2019
Debate has stirred up among industry players and stakeholders following the Nigerian National Petroleum Corporation’s (NNPC)disclosure of a new deadline of 2025 to boost the nation’s crude oil reserves...
16 Apr 2019
Once again, cacophony of voices against the removal of fuel subsidy is reverberating. The chief instigator is not even at the scene of the action (Nigeria), but far away in Washington DC, the capital of the most powerful nation in the world...
14 Apr 2019
A Professor of Petroleum Economics and Policy Research, Wumi Iledare is Ghana’s National Petroleum Professorial Chair in Oil and Gas Economics, at the University Of Cape Coast’s Institute for Oil and Gas Studies. Iledare, who is equally the President of the Nigerian Association for Energy Economics (NAEE) says the Federal Government must commercialise the NNPC…
9 Dec 2018
Stakeholders in the oil and gas sector, yesterday, downplayed implications of Qatar’s decision to leave the Organisation of Petroleum Exporting Countries...
23 Oct 2018
The Nigeria Association of Energy Economic (NAEE) has said that power supply in the country would not improve until industry operators ensure transparency in the energy sector.
16 Aug 2018
The Nigerian gas sector outlook may remain bleak if lingering challenges, especially unfavourable regulatory framework and poor monetary policies are not addressed. Nigeria had 5,111 bcm of proven natural gas reserves as of 2014 and ranks ninth among nations with huge natural gas reserves in the world....
23 Apr 2018
Energy experts yesterday in Abuja raised concern over Nigeria’s growing under-recovery or subsidy on Premium Motor Spirit (PMS), which currently stands at N1.4 trillion.The experts, including the President of Nigerian Association for Energy Economics (NAEE), Prof. Wumi Iledare and Professor of Energy Economics...
26 Mar 2018
A 10-year target set by the Federal Government to boost crude oil reserves to 40 billion barrels and daily production to four million by 2020 is becoming unrealistic due to uncertainties...
26 Nov 2017
The Nigerian National Petroleum Corporation (NNPC) and the Federation Accounts Allocation Committee (FAAC) will tomorrow meet to reconcile...
23 Oct 2017
The President of the Nigerian Association for Energy Economics (NAEE), Prof. Wumi Iledare, has disclosed that about $15.6billion would be required to provide stable electricity in the country.
7 Feb 2017
The urgent need for Nigeria to bridge the manpower development gap in the oil and gas industry is the factor that influenced the academic programmes of the Emerald Energy Institute (EEI), its Director, Prof Wumi Iledare has said.

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The Super Eagles on Saturday had their final training session for the knockout game against the Carthage Eagles of Tunisia at the 2021 Africa Cup of Nations (AFCON) in Cameroon.
2 mins ago
The African Cup of Nations is already heading to the business end of the competition with many countries already knocked out of the tournament. Asides from the amazing football and jaw-dropping goals the tournament has delivered to football lovers, the tournament has also given us something else- beautiful home and away kits. AFCON always delivers…
10 mins ago
The Vice-Chancellor, University of Maiduguri, Prof. Aliyu Shugaba, says there is no room for cultism and sex-for-marks in the institution.
20 mins ago
Super Eagles’ midfielder Wilfred Ndidi on Saturday said he was not excited by the recognition accorded him by the Technical Study Group (TSG) at the 2021 Africa Cup of Nations (AFCON)
28 mins ago
Three monkeys have been found and killed after a truck carrying 100 primates to a laboratory crashed, allowing them to escape and triggering a police hunt.