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NIGERIA UNCONSCIOUSLY TOWING THE DESTRUCTIVE ECONOMIC PATH OF VENEZUELA

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NIGERIA UNCONSCIOUSLY TOWING THE DESTRUCTIVE ECONOMIC PATH OF VENEZUELA According to tradingeconomics. com , Venezuela’s hyperinflation was at a staggering figure of 833,997% as at October, 2018. Reuters revealed in 2018 that the country owes over $60 billion to bondholders with the country's central bank having a capital base of $9.6 billion . The state owned Oil Company, PDVSA which oversees the oil and gas industry operations that generate a significant portion of the foreign exchange earnings is facing grave financial, infrastructure and human capacity shortages. Prices of basic goods and services needed for survival have skyrocketed through a 1,300,000 percent year-on-year in November of 2018. Hospitals are without drugs, syringes, CT-scan equipments and medical supplies. The educational system is not exempted. Research shows that a significant number of children can no longer afford quality education as Venezuela’s hyperinflationary collapse has left pencils, books,...
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CARBON CAPTURE AND UTILIZATION

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Carbon emission and its consequent effect on global warming and climate change have generated waves of conversation throughout the world [1] ; there is renewed commitment to forestall rise in average global temperature so as to ensure environmental sustainability. Amongst the different mitigation technologies that have been identified by recognised bodies and organisations such as Intergovernmental Panel on Climate Change (IPCC), International Energy Agency (IEA), Global Institute for Carbon Capture and Storage etc, Carbon Capture and Storage (CCS) has been highlighted as one of the cost effective mitigation/decarbonisation technologies that would ensure Paris Agreement of 2015 is met and global temperature is limited to 1.5 o C rise.   With a capacity to sequester carbon from process systems (in chemical sector, CCS can has capacity to capture 14 GtCO 2 by 2060 [2] ), CCS has received a lot of attention from policy makers and relevant authorities in recent times. This has res...
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