Business

‘FG should insulate economy from oil shocks’

As Nigerians grapple with nation-wide energy crisis occasioned by scarcity of petroleum derivatives and the perennial collapse of the national grid, an energy expert, Monica Maduekwe, has called on the Federal Government to put measures in place to insulate her citizens from shocks from the international oil market, bearing in mind that Nigeria’s performance on energy security is low despite being energy rich.

Maduekweke, who is the cofounder of PUTTRU, a digital platform, which connects energy companies in Africa to global financiers, says this is necessary because the economic losses from high oil prices greatly outweighs the gains the country makes in terms of revenues. According to her: “Without being able to insulate her economy from the volatility of international energy prices, oil prices will continue to be both positive and negative for Nigeria. And, due to the high inflation issues which increased fuel prices lead to in Nigeria, we cannot call this a good thing for the average Nigerian. The only good here is that this spike in oil prices as a result of this crisis is seen as short term, especially as there are clear ways of remedying this issue at the global level.

 

TRY IT TONIGHT!!! ---

 

Abuja Civil Servant reveals (FREE) secret Fruits that Increased his Manh0d size, gives Stronger Erections and ends Premature Erection in 7days...

   

CLICK HERE FOR FULL DETAILS.

 

%d bloggers like this:
Fake Richard Mille Replica Watches, www.richardmille.to The ceramic upper and lower cases are imported from Taiwan and are processed by ATPT ceramics to form Y-TZP ceramics. After high-tech anti-fingerprint technology, they present a delicate and soft sub-black material. This color quality has remained unchanged for a hundred years. The color and luster are more detailed to achieve the ceramic tone visual pattern electroplating upper and lower shells that are infinitely close to the original products, with anti-reflective coating sapphire glass! The tape uses a soft and delicate Malaysian imported top rubber strap, and the movement is equipped with an imported Seiko NH movement. The buckle of this version is made according to the original size and thinness, making it feel more comfortable and intimate, the highest version on the market Richard Mille Replica