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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.

Beyond pardon

Something is seriously wrong at the highest decision-making levels of President Goodluck Jonathan’s government. A number of elementary but expensive errors of judgement are being made which, cumulatively, will cost the nation very dearly.

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.”

Boko Haram and the Nigerian political elites

By John Amoda CAN the governing elites in Nigeria be divided on the intentions of the Boko Haram? The answer is yes, they are divided. But should they be divided, the answer is no- they should not be divided. Why? The Boko Haram have not hidden their intentions to transform Nigeria into a Sharia state […]

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