Oil is owned by Niger Delta, not Nigeria

By Michael Owhoko, Ph.D– For the record and for posterity, it is imperative to state that oil found in the Niger Delta region belongs to the people of the area.  It is not owned by Nigeria.  God provided every habitat with natural resources, including agricultural crops for subsistence.  Oil, among others, is one of the natural deposits God provided for Niger Delta people for existence. 

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Customs: A perspective on import valuation – Timi Bomodi

International trade is often conducted under globally accepted processes and procedures. These processes are hinged on protocols adopted via conventions and treaties. The World Customs Organisation, being the international body for the regulation of local Customs authorities worldwide, has come up with guidelines for the application of rules adopted by its members and other international organisations.

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Why the Water Resources Bill must be rejected

By Michael Owhoko– There are strong indications that the National Water Resources Bill 2020 will soon be reintroduced at the National Assembly.  If passed into law, communities and people living along water fronts in the country, particularly Niger Delta Region, Lagos State and other aquatic areas in the country will be deprived of their major source of livelihood – fishing. 

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PIA: Beyond fanfare and reservations

By Mon-Charles Egbo– At last, the tortuous journey to strengthen Nigeria’s oil and gas sector came to an end with President Muhammadu Buhari’s assent to the Petroleum Industry Bill, PIB thus transforming it to Petroleum Industry Act, PIA. But quite instructively, the spate of reactions that trail this development has diminished the ultimate intentions of the legislation. Nobody seems interested in knowing why in the first place, the need arose for the overhaul of the petroleum industry.

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