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Showing posts from January, 2012

Weekly Page on CSR Debuts..............

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By popular demand, ThistlePraxis Consulting announces the commencement of a weekly page on CSR, CSR Files™ Weekly. In association with The Guardian Newspapers; the assessments and strategy firm will publish news, activities and other relevant content to enhance the practice of professionals on Sustainability and Social Responsibility issues in Nigeria and beyond. In a statement by the Lead Consultant/CEO, Ini Onuk, ‘The launch of a weekly page brings to three – the variants of our contribution to the development of the industry through Research and Information. We hope to better engage business leaders, many of whom are not social media savvy and have been missing out on our virtual offerings’. A sneak preview of the page reveals that there are indeed interesting and relevant content for every business leader. Sub-columns such as PRACTICE UPDATE , which highlights emerging developments in the industry; QUOTED , quotable quotes from leaders of thought; 10THINGS , the frontline sec...

Nigerian Fuel Subsidy Policy:Implications for Sustainable Development

The government of Nigeria’s removal of fuel subsidy on petroleum products (Premium Motor Spirit) – through her regulatory agency, Petroleum Product and Regulatory Agency (PPRA) on January 1, 2012 – increased the unit cost from 65.00 NGN (0.40 USD) to 143.00 NGN (0.90 USD). This development came on the heels of a declaration of State of Emergency in some parts of the Northern Region on December 31 after weeks of terrorism and sporadic bomb blasts mainly in churches and other public spaces. Protests on the streets of Nigeria In the official release which read, ‘Following extensive consultation with stakeholders across the nation, the Petroleum Products Pricing Regulatory Agency (PPPRA) wishes to inform all stakeholders of the commencement of formal removal of subsidy on Premium Motor Spirit (PMS), in accordance with the powers conferred on the agency by the law establishing it, in compliance with Section 7 of PPPRA Act, 2004’. Whilst the proposed policy promises sustain...