Category Archives: News

On Subsidising Diesel Consumption

Ogho Okiti of BusinessDay has a nice analysis: How about another $5 billion for subsidy? Thanks to soaring crude oil prices, we are receiving significant amount of income from crude oil exports. Never mind that the government and the economy would have been in so much trouble by now, underlined by significant short fall in… Read More »

More about Stolen Oil

Image via Wikipedia It is probably obvious, by now, that I like BusinessDay. This is their editorial today: In what seems to be a major policy thrust in international economic relations and in resolving the festering Niger Delta crisis, President Umaru Yar’Adua on Monday, at the meeting of G8 leaders holding in Japan called for… Read More »

Yaradua and Stolen Crude Oil

I read that Yaradua is seeking global help for the treatment of stolen crude oil the same way stolen diamond is treated. Read: I appeal to you and through you to all other G-8 leaders to support my new proposal which I will discuss with UN Secretary General, that stolen crude should be treated like… Read More »

Third European Conference on African Studies

For those who are interested: The conference is open to all disciplines and methodological approaches representing the Social Sciences and Humanities. However, at the same time the Steering Committee is strongly inviting panel proposals which look into the re-scaling and re-shaping of Africa through the various references which are being – or have been –… Read More »

Budget of the UN Specialised Organs

Ever wondered about the budget of the United Nations specialised organs? The figure below is from The Economist. Note that only six institutions on the list have budgets over one billion dollars. In 2002, the treasury department of the UK projected that the budget of DFID would be increased to 4.6billion pounds per year, by… Read More »

China and Textile Again

Remember this? I just read here: China plans to increase tax rebates on textile exports in a bid to support the textile industry, the Beijing Morning Post reported, citing sources. In May, China’s clothing exports grew 1.1 pct from a year earlier, the slowest rise so far this year, the report said. Export tax rebates… Read More »

Lamidi Adedibu is Dead

I just learnt that Lamidi Adedibu is dead. I am yet to get the details but I can remember that I learnt a couple of weeks ago that he was admitted in a Lagos-based hospital. It is going to be interesting to see what becomes of Ibadan politics. Remember how Ibadan was described as a… Read More »

Update to the Blog

I have just added a roll of the allafrica.com feed on trade news to the blog. It is directly below Recent Comments, at the right hand side. I am also currently reading the book The Least Developed Countries and World Trade, a Swedish International Development Agency (Sida) publication. The study was prepared by Stefan de… Read More »