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FIDET OKHIRIA: Govt Has PPP Policy to Allow Private Sector Participate in Rail Devt


The executive
His reappointment by President Muhammadu Buhari for a second term as the Managing Director of the Nigerian Railway Corporation (NRC)was not a surprise to many who know about rail project development. From backend to front end, hardware to software, Mr. Fidet Okhiria has mastered the command of every sensitive and strategic sector of rail development; powered by over 34 years of experience. He is one of the many unsung right picks of Buhari in the development of infrastructure Nigeria. He speaks with Kunle Aderinokun and Chris Paul on how the country’s rail system evolved, highlighting the challenges and prospects, particularly addressing pertinent questions on the Lagos-Ibadan Railway, Abuja-Kaduna Railway and Itakpe-Warri Railway ....

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PATENT WAIVER: BIDEN'S GENEROSITY OR TRADE WAR


Nigeria must hasten up and come to the rescue of Africa, writes Victor C. Ariole
Humanity is facing the challenge of an asymmetric war with virus as it brings to fore the Darwin’s theory of survival of species and its neo-phase of the “weakest in the chain” could break-up and create a greater disaster for all the chain if not strengthened. The biggest factory of vaccine production is in India and it was anticipated for it to serve the developing world but helas is not even in the mood to satisfy the over one billion population of Indians and, of course, part of the components of the vaccine production – over 40 components – comes from there; a threat to the strong chain of the production line. And who says that all the components could not be found in Africa deemed to be the weakest by mere conjecture of combined forces of the exploiters of Africa. ....

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The Looming Fuel Price Increase


Business/Energy
Recently, Nigerians, who were already agonising in the atmosphere of unabating insecurity, were greeted with yet another bad news; an imminent fuel price increase. What is more disturbing is the call for them to bear the pains of the increase, as if they ever had any respite from all the years of persistent price rise in petroleum products. Fortunately, towards the end of last week, the Nigerian National Petroleum Corporation (NNPC), through its spokesperson, Kennie Obateru, said there would be no fuel price increase. As good as the news may be, it tells about some lack of coordination between the NNPC and the Ministry; and an embarrassing lack of communication between the GMD and the Minister. Chris Paul reports ....

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Downstream Oil Sector and the Dangote Factor


Business/Economy
The downstream end of Nigeria oil and gas industry has gone through various reforms these past two decades. The last, but on-going is the crude swap and its full support for the 20,000bpd refinery in Niger Republic; as the guaranteed off -taker. The objective is to assist with distribution of petrochemical products in the Northern region. If Nigerian government can play off taker for such a small refinery to boost importation of fuel and other products to the North, surely it can do same to the modular refineries springing up in different parts of the country. Most of all, at 650kbpd, the Dangote refinery is well placed to satisfy the petrochemical needs of the country, while the government prepares Nigeria’s four refineries for 2023. Chris Paul writes ....

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Consequences Of High Bride Price


Bride price is payment made by a groom or his kin to the family of the bride in order to ratify a marriage.  It is paid by the family of the groom to their future in-laws at the start of the marriage usually in cash and materials.
Bride price in Nigeria varies from one ethnic group to another.  What obtains as bride price in Rivers State may be different from Kogi State in terms of cash and materials required by the bride’s family. Although there are a few similarities in the list of items to be provided by the groom in Nigeria. ....

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