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The answer to why Nigeria has high denomination notes is simple. The value of the currency has been eroded over time.

One thing about bans is that they rarely work. Some show positive results in the short term. In the initial months of prohibition in the U.S., alcohol consumption dropped 30 per cent, arrests for drunkenness declined but, the liquor trade moved underground. The only surety from any ban is the bifurcation of public opinion ―

Considering Nigeria’s current fiscal situation, there is a need to diversify the economy and improve its energy situation. While LNG is not the sole solution, it will do Nigeria a large disservice if the sector remains underdeveloped. Nigeria is known for its junkyard of abandoned policies. Hopefully, the incoming government would opt to do things […]The post Aiding Nigeria’s energy transition ? through natural gas, By Ehireme Uddin appeared first on Premium Times Nigeria....

Developing the natural gas sector will be of immense benefit to energy generation, as well as the Nigerian economy as a whole.

Nigeria ranks 129th in terms of vulnerability, meaning that it is vulnerable to climatic events and cannot leverage investments.