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Setting The Economic Agenda Series – OIL THEFT
AACS Fortnightly(Mondays)19th June 2023 From the Chairman’s Desk, Setting The Economic Agenda Series – OIL THEFT At AACS, the fourth of our six critical issues in setting the economic agenda is Oil Theft https://lnkd.in/eiRE9A6S. In Nigeria, an average of 1.1m barrels of oil are produced and exported daily (BPD), as against the OPEC global quota of […]
Realignment of the Exchange Rate
AACS Fortnightly(Mondays)5th June 2023 From the Chairman’s Desk, AACS Fortnightly – Realignment of the Exchange Rate The third issue on the AACS’s economic agenda setting https://lnkd.in/eiRE9A6S is the realignment in the exchange rate. At the moment, multiple official rates for diverse transactions exist alongside the parallel market with differentials close to ₦300 or about 40% in excess […]
Dangote Refinery – A Testament to Private Sector Resilience
AACS Fortnightly(Mondays)22nd May 2023 From the Chairman’s Desk, *Dangote Refinery – A Testament to Private Sector Resilience Today, President Buhari officially opens the $19bn Dangote Oil Refinery owned by Africa’s richest man and industrialist, Aliko Dangote. The facility has a capacity of 650,000 barrels a day, and it is not only the largest oil refinery […]
Setting The Economic Agenda Series – FUEL SUBSIDY
AACS Fortnightly(Mondays)8th May 2023 From the Chairman’s Desk, Setting The Economic Agenda Series – FUEL SUBSIDY At AACS, the second critical of the six items on the economic setting agenda is the Fuel Subsidy. The fuel subsidy is a huge white elephant project and a drain on the nation’s lean revenue, with about $10b spent […]
Setting The Economic Agenda Series – REVENUE
AACS Fortnightly(Mondays)24th April 2023 From the Chairman’s Desk, Setting The Economic Agenda Series – REVENUE At AACS, we set six key issues to deal with in setting the economic agenda, which are Revenue, Oil Subsidy, Alignment of the Exchange Rate, Oil Theft, Infrastructure and Security. Across the next six editions of our fortnightly nugget, we […]
Setting The Economic Agenda (Part 2)
AACS Fortnightly(Mondays)10th April 2023 From the Chairman’s Desk, Setting The Economic Agenda (Part 2) 4. Oil Theft – The nation’s share of the OPEC group global oil quota is 1.8m barrels per day, yet it struggles to produce around 1.1m barrels. Oil theft and vandalism continues to hinder production capacity and limit revenue. This is […]
Setting The Economic Agenda (Part 1)
AACS Fortnightly(Mondays)10th April 2023 From the Chairman’s Desk, Setting The Economic Agenda (Part 1) As discussed on the ‘Inside Politics with CKN’ s Good Friday Programme on Silverbird TV https://lnkd.in/eiRE9A6S, AACS reiterates the economic issues that must be dealt with in order to reset the nation’s economy and begin the resurgence. 1. Revenue – Nigeria […]
Expanding The Economy – The Credit Policy
AACS Fortnightly(Mondays)27th March 2023 From the Chairman’s Desk, Expanding The Economy – The Credit Policy Africa’s largest economy, Nigeria, must unleash its productive economic potential. In 2021, the GDP was estimated at $440.8b (from a peak of around $574b in 2014). This is in comparison to BRIC countries where the numbers were Brazil ($1.6tn), Russia […]
