The call by Nigerian lawmakers for scrapping of the Excess Crude Account (ECA) might be legitimate.
However, doing that alone without recognising the importance of Nigerian Sovereign Wealth Fund will make the country float dangerously without a fiscal life jacket.
Unlike fellow oil exporter Sa
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Oladehinde Oladipo
Dipo Oladehinde is a skilled energy analyst with experience across Nigeria's energy sector alongside relevant know-how about Nigeria’s macro economy.
He provides a blend of market intelligence, financial analysis, industry insight, micro and macro-level analysis of a wide range of local and international issues as well as informed technical rudiments for policy-making and private directions.