SUPPORTING THE OIL BASED ECONOMY (PT2)

Each time I have a reason to pack my car directly under the sun for more than 30 minutes, I always have to wait for a minute or two after opening the door before I step inside, because of the heat generated, what comes to mind thereafter usually is the enormous amount of solar energy and radiation available,...

SUPPORTING THE OIL BASED ECONOMY (PT1) CONTD

Before moving on to the second part of this discourse, it might interest you to note that there is already in place a comprehensive, incisive and well thought out plan by the U.S Government to enhance the build a sustainable biofuels industry, with an aim to strengthen energy security in the U.S. To...

SUPPORTING THE OIL BASED ECONOMY (PT 1)

The Oil and Gas industry in Nigeria accounts for more than 98% of export earnings and over 85% of federal government revenue, as well as generating more than 40% of its GDP. It also provides 95% of foreign exchange earnings, and over 70% of government budgetary revenues. This is why there was so much...