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US oil output to surpass imports this year – EIA

The US will become a net oil exporter late this year as domestic crude production surpasses imports for the first time in 18 years, the Energy Information Administration said Wednesday.

Helped by a surge in shale-based output in North Dakota and Texas, monthly crude production has pushed past seven million barrels a day and could reach eight million barrels a day by the beginning of 2014.

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Yes, I pardoned a serial treasury looter but what can you do about it?

PRESUMABLY, President Goodluck Jonathan and the members of the National Council of State who granted a state pardon for the convicted former governor of Bayelsa State, D. S. P. Alamieyeseigha, are aware of Section 14 (2) of the Constitution which states that “The Federal Republic of Nigeria shall be a State based on the principles of democracy and social justice,” and accordingly “sovereignty belongs to the people … from whom government … derives all its powers and authority.”

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The mess in Imo: No longer a laughing matter

LATE last year, I attended a party at the Abuja home of a highly distinguished sister of mine who had been bestowed with a deserved national honour. A distinguished senator asked me, “Pini, how is Clean and Green? How is ImoState?” “I take the fifth!” I answered. “Why?” He pressed. “Because anything I say will be construed as sour grape. You know I just left office and my views may be seen as biased”.

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Much ado about state pardons

PREROGATIVE of mercy and state pardons are not new in politics and public administration. Since Nigeria gained independence in 1960, state pardon has been a powerful instrument used by the successive regimes and ruling cliques to manage relationships with their former friends who have become foes or their former foes who have either become friends or are no longer threats.

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