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INSIGHT: NNPCL, public revenues and the profit motive

Ever wondered how the Nigerian National Petroleum Corporation Limited (NNPCL) earns and utilizes money and on whose behalf? This piece explores how the state-owned company generates income and makes profits as empowered by the Petroleum Industry Act (PIA) 2021 and how such revenues contribute to Nigeria’s economy. Until the enactment of the Petroleum Industry Act (PIA), 2021, the Nigeria National Petroleum Corporation (NNPC) was a state-owned behemoth that played both regulatory and commercial roles in...

INSIGHT: NNPC and the Akara Company Story

In discussions surrounding the transitioning of the Nigerian National Petroleum Corporation Limited (NNPC) to Nigerian National Petroleum Corporation Limited (NNPCL), misunderstandings persist about its ownership and mode of operations.   One of the major misconceptions is whether or not the NNPC is a commercial or private company. Confused about what these terms mean? There is a story about the Akara for 4 the People Company that can help us understand what is important here. In case...

Examining Nigeria’s proposed Social Media and NGO Regulation Bill in light of international Human Rights standards

Is the regulation of NGOs or social media a viable step forward for Nigeria’s current democratic situation? In 2017, Rep. Buba Jubrin sponsored a bill that sought to regulate Non-governmental organisations and CSOs. The bill passed a second reading at the House and was subsequently referred to the Committee on Civil Society Organisations and Development Partners. After a massive protest, the bill died at the committee stage. However, the bill saw a revival very recently...

EXPLAINER: The 20 Subsidiaries of NNPC Limited

NNPC, Now NNPCL, Nigeria’s national oil company has undergone some rapid and significant metamorphosis in the last three years. Here’s why and these are the structural changes you need to know.  Despite the numerous motions to diversify Nigeria’s economy, there has not been a very significant movement away from petroleum as the mainstay. And given that the Nigerian state has been putting its mouth where its money is, the Nigeria National Petroleum Corporation (NNPC) has...

BODIJA BLAST: Illegal mining undermining the economy, environment and now the safety of our communities

What is the significance or value of having abundant solid mineral resources if Nigeria continues to be ravaged by illegal mining activities, resulting in substantial economic revenue losses, environmental degradation, and the endangerment of lives and property security? In August 2023, four illegal miners were killed following the collapse of a mining site in Kogo Kadage village in the Yadagungume area of Ningi Local Government Area of Bauchi State. Less than 6 months following that...

Navigating Educational Challenges: A Call for Alternatives to Tuition Hikes

Hikes to tuition and other fees by tertiary institutions in Nigeria make it difficult for indigent students to get the education they deserve. In the face of economic hardships gripping Nigeria, tertiary institutions across the country have been making headlines for their recent decisions to increase tuition fees. This move has sparked concerns among students, parents, and advocacy groups, who argue that such fee hikes exacerbate the financial burden on families already grappling with the...

PERSPECTIVE: Safeguarding communites in the energy transition

In a global attempt to phase out fossil fuel, can Nigeria leverage its mineral resources to become a leading advocate for renewable energy, while upholding good climate practice and peace amongst the host communities? On the back of the COP28 Agreement for the world to shift from fossil fuels to renewable energy, it has become necessary to spotlight the mineral resources available in Nigeria that could move the country comfortably from the shackles of fossils...

Reps Speaker commends OrderPaper, other partners

The speaker acknowledged the technical support the House of Representatives receives from OrderPaper Nigeria and other development partners The Speaker of the House of Representatives, Rep. Tajudeen Abbas has commended OrderPaper Nigeria and other development partners for their support to and collaboration with the House that has yielded some successes in the last six months of the 10th assembly. The Speaker gave the recognition on Saturday during his remarks at a special session by the...

Na’Abba: OrderPaper recalls last encounter with late speaker

The late House of Representatives Speaker, Ghali Umar Na’Abba, will be remembered for being fierce, fearless, and forthright A former Speaker of the House of Representatives, Ghali Umar Na’Abba, is dead. Na’Abba died at the age of 65 in Abuja. Mr Ahmed Tijjani Lawal, an aide to the deceased, disclosed this to the News Agency of Nigeria (NAN). The second Speaker of the House of Representatives in the current 4th Republic died in the wee...

ANALYSIS: Nigeria’s budget and bogus oil benchmarks

In the last ten years, Nigeria has been unable to meet its oil production benchmark signifying a pattern of failing in executive planning and legislative approval of the country’s annual budgets Nigeria set its first Medium-Term Expenditure Framework (MTEF) benchmark for crude oil in 2004, which was about 19 years ago. The MTEF provides a framework for Nigeria’s annual budgeting process, including revenue projections and expenditure estimates for a period of three years. It also...

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