Emmanuel Egbogah

“THOSE ATTRIBUTING RECESSION TO FALL IN OIL PRICE ARE BAD MANAGERS” – Prof. Utomi

April 6, 2017April 6, 2017 Amurun KelvinLeave a Comment

THE director of the Lagos Business School, Prof. Pat Utomi Wednesday in Awka blamed the administration of President Muhammadu Buhari for the economic recession in the country, arguing that those attributing the recession to fall in oil price were bad mangers. Utomi, who spoke as guest lecturer at the maiden edition of Dr Emmanuel Egbogah […]

Nigeria earned $300bn in 5yrs from oil export, spent $35bn on Fuel Subsidy – Ex-NNPC Director

September 15, 2016 Amurun KelvinLeave a Comment

A former acting group executive director of the Nigerian National Petroleum Corporation (NNPC), Dr. Tim Okon, has revealed that Nigeria spent an estimated $35bn as subsidy on petroleum products out of the $300bn earned from crude oil from 2010 and 2014. This is just as experts from the oil sector have called on the Federal […]