Guest Columnist

–Professor Omowumi O. Iledare 1.0.     PREAMBLE The structure of the economy of Nigeria has changed since the dawn of crude oil production in 1958 after the first commercial petroleum discovery in the early…
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Prof. Omowumi O. Iledare As it has been said, Life is but a vapor and so often, it moves quicker than most people desire! This was certainly the case with the sudden demise of the Secretary-General of the Organisation of the Petroleum…
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–Professor Omowumi O. Iledare 1. PREAMBLE Five countries – Islamic Republic of Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela – were the founding members of the Organization of the…
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–Professor Omowumi O. Iledare 1.0. PREAMBLE That the state of the economy of Nigeria leaves much to be desired is an understatement as key macroeconomic performance indicators keep running against the traffic. The…
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-Professor Omowumi O. Iledare 1.0. PREAMBLE That the structure of the economy of Nigeria has changed since the dawn of petrodollars is not conjectural. Neither can one dissociate the inefficacy of the…
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-Prof. Omowumi O. Iledare 1.0. PREAMBLE In the March 2022 issue of the Oil and Gas Valuechain, I discussed four quadrilemma dimensions in the oil and gas sector in Nigeria emphasizing the fact that effectiveness, efficiency,…
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–Professor Omowumi O. Iledare PREAMBLE Nigeria ranked among the top 20 oil producers in the world in 2021 at an approximately 1.5 - 1.7 million barrels per day, on average, and 36 Billion proved reserves. In 2005, Nigeria ranked…
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–Professor Omowumi O. Iledare 1.0  Preamble The global energy system is more likely than not to undergo a fundamental restructuring to decarbonize, which will create challenges and opportunities for the petroleum industry and…
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Prof. O. Iledare I sincerely wish all our VCM readers, Happy New Year. May boundary lines fall in pleasant places for Nigeria in 2022! Permit me to refer to the observations espoused in the May 2021 issue of Valuechain Magazine on…
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-Processor Omowumi O. Iledare The Petroleum Industry Act 2021 (PIA) attempts, quite objectively, to the amorphousness in the regulatory and governance institutions in Nigeria. It establishes three governance…
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