The Real Decline of Nigerian FAAC AllocationsThis edition of the podcast discusses the distribution of the Federation Account Allocation Committee (FAAC) revenue following the fuel subsidy removal, arguing that while nominal Naira allocations have surged, this growth is an illusion primarily driven by exchange rate devaluation and inflation, resulting in a significant decline in real (inflation-adjusted) terms and US dollar value.The constitutional basis and structure of the Federation Account, detailing the roles of bodies like FAAC and the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), the revenue sharing formula among the three tiers of government, and the challenges inherent to Nigeria's system of fiscal federalism.

This episode of the Energy Pulse podcast is a deep dive on empirical analysis contained in the 2023 paper titled "How Mumbo-Jumbo Conquered the World: Empirical Analysis of Conspiracy Theories," by Serhan Cervik of the International Monetary Fund. https://link.springer.com/article/10.1007/s10644-024-09717-7We examine the factors contributing to the prevalence of conspiratorial thinking across different countries. Based on data from 27 countries between 2018 and 2021, the Serhan identifies several significant socioeconomic and institutional determinants for conspiracy theories. The prevalence of conspiracy theories is a nuisance and an obstacle to understanding the world's complex and nuanced energy system. Ultimately, promoting advanced education and strengthening institutions is a path to mitigate the spread of these destabilizing beliefs.

Dive into the strategic heart of Nigeria's oil and gas industry in this episode of The Energy Pulse Podcast. We explore the leadership behind Nigeria’s top Indigenous E&P companies, analyzing the: - boardroom dynamics - political capital, and - the critical roles women play in shaping the sector’s future. With key insights into educational backgrounds, professional diversity, and regulatory navigation, this episode unpacks the drivers of transformation in Africa’s largest energy market. Perfect for energy professionals, policy enthusiasts, and anyone invested in understanding the intersection of business and politics in the global energy landscape. Read more here: https://www.linkedin.com/pulse/inside-nigerias-oil-gas-boardrooms-political-capital-gender-gbakon-oelqc/?trackingId=Br75eem3Qzm%2B1ozvIhfXWg%3D%3D Nigeria oil and gas, energy boardrooms, political capital, women in energy, energy strategy, indigenous companies, energy leadership.