Channels BookClub: Lawyer & Poet – Donna Plans To Die ‘Empty’

Donna SodipoOn this edition of the programme, oil and gas lawyer, writer and poet – Donna speaks about her plan to explore all her talents and potentials and then die ‘empty’.

She also speaks about Maya Angelou, the internationally-acclaimed poet, author and civil rights icon, who passed away at the age of 86. Maya has been described as one of the most inspiring women that ever lived.

She was honored with more than 50 awards, including America’s highest civilian honor, the Presidential Medal of Freedom, for her collected works of poetry, fiction and nonfiction, most notably her groundbreaking memoir, I Know Why The Caged Bird Sings, which made history as one of the first nonfiction best-sellers by an African-American woman.

President Barack Obama called her “one of the brightest lights of our time—a brilliant writer, a fierce friend, and a truly phenomenal woman.”

Her last tweet read:

“Listen To Yourself And In That Quietude You Might Hear The Voice Of God”.

Maya, in more ways than one represented the concept of womanhood and she inspired many women to be the best they can ever be.

Business Incorporated: Etomi Advocates For Nigeria Without Oil

Business incorporatedSince the Organisation of Petroleum Exporting Countries (OPEC) alerted Nigeria and other members, that Shale Gas and Oil Production will have significant impact on crude oil production in the near term, which will adversely affect the economies of those that heavily depend on crude as their main source of revenue earnings, the Nigerian government and indeed the citizens have been exploring ways of diversifying the economy.

Discussions in many fora have been focused on how the country can diversify the economy in order to develop herself and her people away from oil.

On this edition of Business Incorporated, an oil and gas lawyer, George Etomi insists a better life with oil is possible in Nigeria, adding that the nation has great potentials to diversify its economy.

2013 Review: Power Privatisation Is A Dream Come True

The reforms in the power sector in 2013 has been described as  a dream come true.

While reviewing the power sector performance in 2013, an Oil and Gas Lawyer, George Etomi, said that the sector had done well from the point of view of the reforms that are intended.

“The year saw the realisation of the dream to privatise the sector on November 1, a process that was the most transparent processes in the entire privatisation history not just in Nigeria but in West Africa,” he said.

He also looked at the issue of labour.

“Practically, all of them have gotten their severance payment.

“The issue of Labour in negotiations, like that of the handing over of the PHCN, is always expected because generally labour does not always trust the employer.

“The government introduced biometrics to ensure that payments were made to the right persons.

He pointed out that the greater concern should be what would be the fate of the same labour going forward.

“The new owner have retained some of the old workers and the culture is different and this could create issues of smooth linear of those relationships considering the fact that the way the new managers would want to handle the service is quite different.

The Nigerian government has said that there were possibilities of increased tariff as the new owners of the distribution companies take over.

This has become a source of worry for Nigerians.

Some have, however, expressed their readiness to pay if power is constant.

The government has blamed the poor supply on low gas supply caused by gas pipeline vandalism.

He appealed to Nigerians to desist from vandalising oil and gas pipelines in Nigeria.

“Protecting infrastructure is not only government’s responsibility but a collective one,” he said.

Mr Etomi called for the speedy passage of the Petroleum Industry Bill.

“If there is no foundational legislation, the investors will not come in to invest in the sector. That is why we have oil theft,” he said.

 

Petroleum Industry Bill: Executive Influence Should Be Curbed – Nwani

The Nigerian government has been urged to take a closer look at the Petroleum Industry Bill (PIB) and come up with the right framework that will favour all parties concerned.

Channels Television’s business programme, Business Morning, played host to the Director of Research, at the Lagos Chamber of Commerce & Industry, LCCI, Mr Vincent Nwani whose organisation has released a report on the PIB.

It has been agreed that the Petroleum Industry Bill is a laudable effort, but there are certain key areas that must be addressed to ensure it achieves its set objectives. Among the issues mentioned are high taxation and transparency.

While companies are expected to submit data on their revenue and production cost, which will be published by the National Petroleum Directorate, the PIB allows for exemptions in its provision which stakeholders are not quite comfortable with.

Mr Nwani said: “The power of the President and the Minister as they are currently is still what is carried over to the new draft bill, and that is a challenge and a concern to us. We want a PIB that should contain dispute resolution mechanism, the way the PIB is drafted right now, that mechanism is not there.”

Oil and Gas Lawyer and Senior Associate of Perchstone and Graeys, Mr Tolulope Aderemi, who was also on the programme was however of the view that exemptions would not constitute a problem to the bill. He stressed that there would be guiding principle for the Minister to grant exemptions, as well cogent justifications such as public policy reasons.

He added that a situation where wide and loose exemptions would be given would, however, amount to “doing a disservice to the oil and gas sector, which will contradict the philosophy behind such exemptions itself.”

In view of the declining volume of export to the United States within the last one year, Nwani stressed that it was necessary to develop a better operational framework to ensure that Nigeria’s oil and gas industry was attractive for both existing and potential operators.