oil price shocks

PIAC Counsels Gov’t Into New Hedging Deal

by

The Public Interest and Accountability Committee (PIAC) has joined a long list of advocates that have urged government to seriously consider restoring its hedging programme in order to cushion the country against the impact of oil price shocks on the state’s purse. The advice of a Committee established by an Act of Parliament to provide … Read more

Oil Price Shocks To Stifle Long-Term Economic Dev’t

by

The Executive Director of the Africa Centre for Energy Policy (ACEP), Dr Mohammed Amin Adam, has said the failure of African countries to effectively manage the effects of oil price volatility can have an adverse impact on development efforts. He said the inability to manage the volatility over time would subsequently make it difficult for … Read more