Nigeria’s extractive industry serving interests of a few, says BudgIT

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 94%

Business News News

Business Business Latest News,Business Business Headlines

From BudgIT Foundation came a revelation that the Nigerian extractive industry has functioned as a pander used to cushion the needs

of very few highly placed in the society.

Fatoba said: “Historically, the Nigerian extractive industry has functioned as a pander used to cushion the needs of very few highly placed in the society. “This is not ideal for the operational activities of the oil and gas industry, thus, it is expedient for citizens to demand for a more effective resource governance in the sector using information uploaded on this platform.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Experts task insurance industry on improved financial capacity | The Guardian Nigeria News - Nigeria and World NewsFor underwriting firms in the nation's insurance industry to retain 70 per cent of risks locally, there is need for the sector to increase profitability of insurance business.
Source: GuardianNigeria - 🏆 1. / 94 Read more »

Hospitality Industry Sees Post-Covid Shift to a More Global Outlook | The Guardian Nigeria News - Nigeria and World NewsDUBAI,UAE, 24 January 2022/African Media Agency (AMA)/ – Canadian vegan cookies in London’s Harrods, LA burgers in Dubai, Singaporean confectionary in Saudi,American plant-based restaurant in Selfridges, and the world’s first African food hall slated to open in Harlem and then London; a post-Covid hospitality industry is seeing a shift to a more global outlook. “The radical changes the hospitality industry has seen due to pandemic has created the necessity to widen our arms, looking beyond a […]
Source: GuardianNigeria - 🏆 1. / 94 Read more »