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Petroleum problem child:  One year blithe deregulation

Petroleum problem child: One year blithe deregulation

The Organisation of Petroleum Exporting Countries, OPEC a fortnight ago got producers to cut production from January 1, 2017 to shore up the price of crude in the international market. OPEC and non-OPEC producers again last Saturday reached a deal to jointly have an oil freeze to ease the global glutted market since July 2014. Nigeria was exempted from production cuts to make up for lost grounds occasioned by militancy in the Niger Delta since February 2016.

Ghana: An African dream deferred

Ghana: An African dream deferred

I LIVED in Ghana continuously for about three years from January 6, 2013 and thought President John Mahama could easily be defeated by a determined opponent. This was what happened on December 7, elections when his challenger from the New Patriotic Front (NPP) Nana Akufo-Addoh beat him securing 5,716, 026 or 53.85 percent of the votes, and Mahama recording 4.713,277 or 44.40 percent.

Politricks of Toll gates

Politricks of Toll gates

THERE must be an outbreak of Keynesian economists in Nigeria. Suddenly, they are showing up on the idea of our tolling policy.

John Keynes (1883-1946) was a classical economist who had a soft spot for full employment. For him, the people must be employed, even where it meant getting them into what might ordinarily look like the absurd cycle of pit digging:

Now that everyone is a journalist (2)

Now that everyone is a journalist (2)

I CLOSED last week with this key point, namely: that the ‘freedom of the press’ –ironically- does not belong to the press. That media ethicists say it is a ‘public trust’ reposed in the media to be enjoyed not by the media, but by the people. And that although journalists must be constantly alert to see that “the public’s business is conducted in public”, they must also “be vigilant against all who would exploit the press for selfish purposes, including from amongst themselves”.