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	<title>Nonso Obikili&#039;s Blog</title>
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	<link>http://nonsoobikili.wordpress.com</link>
	<description>Just another Nigerian Economics weblog</description>
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		<title>Nonso Obikili&#039;s Blog</title>
		<link>http://nonsoobikili.wordpress.com</link>
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		<item>
		<title>Break up Nigeria into how many pieces?</title>
		<link>http://nonsoobikili.wordpress.com/2012/01/27/break-up-nigeria-into-how-many-pieces/</link>
		<comments>http://nonsoobikili.wordpress.com/2012/01/27/break-up-nigeria-into-how-many-pieces/#comments</comments>
		<pubDate>Fri, 27 Jan 2012 14:45:30 +0000</pubDate>
		<dc:creator>Nonso Obikili</dc:creator>
				<category><![CDATA[Random Thoughts]]></category>
		<category><![CDATA[Nigeria]]></category>
		<category><![CDATA[Boko Haram]]></category>
		<category><![CDATA[Ethnic Groups]]></category>

		<guid isPermaLink="false">http://nonsoobikili.wordpress.com/?p=508</guid>
		<description><![CDATA[In response to calls by some to break up Nigeria I thought to share this map. It shows the geographical location of ethnic groups in Nigeria. I could not label all of them but I think the few labelled help emphasize some points. The North is not just Hausa, the west is not just &#8220;Yoruba&#8221; [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nonsoobikili.wordpress.com&amp;blog=9228685&amp;post=508&amp;subd=nonsoobikili&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nonsoobikili.wordpress.com/2012/01/27/break-up-nigeria-into-how-many-pieces/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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			<media:title type="html">nigernomics</media:title>
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			<media:title type="html">ethnic</media:title>
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	</item>
		<item>
		<title>A Plan</title>
		<link>http://nonsoobikili.wordpress.com/2012/01/09/a-plan/</link>
		<comments>http://nonsoobikili.wordpress.com/2012/01/09/a-plan/#comments</comments>
		<pubDate>Mon, 09 Jan 2012 14:22:00 +0000</pubDate>
		<dc:creator>Nonso Obikili</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[fuel subsidy]]></category>
		<category><![CDATA[Nigeria]]></category>
		<category><![CDATA[protests]]></category>
		<category><![CDATA[Transparency]]></category>

		<guid isPermaLink="false">http://nonsoobikili.wordpress.com/?p=503</guid>
		<description><![CDATA[I have been one of those in favour of the removal of fuel subsidies. However for most Nigerians the problem is not that they don&#8217;t understand the logic of spending wisely. The problem is they don&#8217;t trust the government to do so. The government has used these tricks in the past and there really is [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nonsoobikili.wordpress.com&amp;blog=9228685&amp;post=503&amp;subd=nonsoobikili&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
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		<slash:comments>1</slash:comments>
	
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			<media:title type="html">nigernomics</media:title>
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		<item>
		<title>Now that the subsidies are gone&#8230;.</title>
		<link>http://nonsoobikili.wordpress.com/2012/01/03/now-that-the-subsidies-are-gone/</link>
		<comments>http://nonsoobikili.wordpress.com/2012/01/03/now-that-the-subsidies-are-gone/#comments</comments>
		<pubDate>Tue, 03 Jan 2012 18:23:43 +0000</pubDate>
		<dc:creator>Nonso Obikili</dc:creator>
				<category><![CDATA[Random Thoughts]]></category>
		<category><![CDATA[fuel subsidy]]></category>
		<category><![CDATA[Nigeria]]></category>
		<category><![CDATA[Protest]]></category>

		<guid isPermaLink="false">http://nonsoobikili.wordpress.com/?p=492</guid>
		<description><![CDATA[The subsidies are gone. The subsidies on PMS at least. Cue the expected panic and protests. What exactly should we fight for during these protests? Or what exactly should YOU fight for since I won&#8217;t physically be on the streets. Should we fight for a return to N65 per litre? No. The simple option facing [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nonsoobikili.wordpress.com&amp;blog=9228685&amp;post=492&amp;subd=nonsoobikili&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nonsoobikili.wordpress.com/2012/01/03/now-that-the-subsidies-are-gone/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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			<media:title type="html">nigernomics</media:title>
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		<item>
		<title>Fuel Subsidy: The real PRICE of petrol</title>
		<link>http://nonsoobikili.wordpress.com/2011/12/24/fuel-subsidy-the-real-price-of-petrol/</link>
		<comments>http://nonsoobikili.wordpress.com/2011/12/24/fuel-subsidy-the-real-price-of-petrol/#comments</comments>
		<pubDate>Sat, 24 Dec 2011 13:51:28 +0000</pubDate>
		<dc:creator>Nonso Obikili</dc:creator>
				<category><![CDATA[Random Thoughts]]></category>
		<category><![CDATA[Crude Oil]]></category>
		<category><![CDATA[fuel subsidy]]></category>
		<category><![CDATA[international markets]]></category>
		<category><![CDATA[Nigeria]]></category>

		<guid isPermaLink="false">http://nonsoobikili.wordpress.com/?p=486</guid>
		<description><![CDATA[I woke up this morning to an article on the &#8220;real cost of Nigerian petrol&#8220;.  The article goes through a series of calculations, mostly on various costs, on the refining and transporting of crude oil. The article comes to the conclusion that because, based on their calculations, the cost of refining PMS is N34.45 there [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nonsoobikili.wordpress.com&amp;blog=9228685&amp;post=486&amp;subd=nonsoobikili&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nonsoobikili.wordpress.com/2011/12/24/fuel-subsidy-the-real-price-of-petrol/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">nigernomics</media:title>
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		<item>
		<title>Convincing the public</title>
		<link>http://nonsoobikili.wordpress.com/2011/12/21/convincing-the-public/</link>
		<comments>http://nonsoobikili.wordpress.com/2011/12/21/convincing-the-public/#comments</comments>
		<pubDate>Wed, 21 Dec 2011 21:01:51 +0000</pubDate>
		<dc:creator>Nonso Obikili</dc:creator>
				<category><![CDATA[Random Thoughts]]></category>
		<category><![CDATA[fuel subsidy]]></category>
		<category><![CDATA[Nigeria]]></category>
		<category><![CDATA[Policy]]></category>

		<guid isPermaLink="false">http://nonsoobikili.wordpress.com/?p=481</guid>
		<description><![CDATA[The subsidy is inefficient. We know. The subsidy may bankrupt the government. We know. We could better allocate the gains from removing the subsidy to finance critical infrastructure. Again, we know. The economics of removing the subsidy makes a lot of sense. Unfortunately we also know that we do not have a very serious government. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nonsoobikili.wordpress.com&amp;blog=9228685&amp;post=481&amp;subd=nonsoobikili&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nonsoobikili.wordpress.com/2011/12/21/convincing-the-public/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">nigernomics</media:title>
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		<item>
		<title>Who actually benefits from fuel subsidies?</title>
		<link>http://nonsoobikili.wordpress.com/2011/12/06/who-actually-benefits-from-fuel-subsidies/</link>
		<comments>http://nonsoobikili.wordpress.com/2011/12/06/who-actually-benefits-from-fuel-subsidies/#comments</comments>
		<pubDate>Tue, 06 Dec 2011 18:42:07 +0000</pubDate>
		<dc:creator>Nonso Obikili</dc:creator>
				<category><![CDATA[News Stories]]></category>
		<category><![CDATA[Crude Oil]]></category>
		<category><![CDATA[Economics]]></category>
		<category><![CDATA[Nigeria]]></category>
		<category><![CDATA[Petroleum]]></category>
		<category><![CDATA[Subsidies]]></category>

		<guid isPermaLink="false">http://nonsoobikili.wordpress.com/?p=478</guid>
		<description><![CDATA[My article in yesterday&#8217;s business day newspaper http://businessdayonline.com/NG/index.php/analysis/commentary/30447-who-really-benefits-from-fuel-subsidies &#160;<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nonsoobikili.wordpress.com&amp;blog=9228685&amp;post=478&amp;subd=nonsoobikili&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nonsoobikili.wordpress.com/2011/12/06/who-actually-benefits-from-fuel-subsidies/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">nigernomics</media:title>
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		<item>
		<title>Ban the Rice. Smugglers need love too</title>
		<link>http://nonsoobikili.wordpress.com/2011/11/17/ban-the-rice-smugglers-need-love-too/</link>
		<comments>http://nonsoobikili.wordpress.com/2011/11/17/ban-the-rice-smugglers-need-love-too/#comments</comments>
		<pubDate>Thu, 17 Nov 2011 23:04:53 +0000</pubDate>
		<dc:creator>Nonso Obikili</dc:creator>
				<category><![CDATA[Random Thoughts]]></category>
		<category><![CDATA[Nigeria]]></category>
		<category><![CDATA[Rice ban]]></category>
		<category><![CDATA[Trade Policy]]></category>

		<guid isPermaLink="false">http://nonsoobikili.wordpress.com/?p=471</guid>
		<description><![CDATA[I hear GEJ is about to ban rice again. Something about boosting local production. The graph below says it all. It show exports of Thai rice to Nigeria and Benin. Interesting what happened after Rice was banned in January 2006. We never learn do we?<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nonsoobikili.wordpress.com&amp;blog=9228685&amp;post=471&amp;subd=nonsoobikili&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nonsoobikili.wordpress.com/2011/11/17/ban-the-rice-smugglers-need-love-too/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">nigernomics</media:title>
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			<media:title type="html">Ban the Rice</media:title>
		</media:content>
	</item>
		<item>
		<title>CBN Naira struggles and market gimmicks</title>
		<link>http://nonsoobikili.wordpress.com/2011/10/15/cbn-naira-struggles-and-market-gimmicks/</link>
		<comments>http://nonsoobikili.wordpress.com/2011/10/15/cbn-naira-struggles-and-market-gimmicks/#comments</comments>
		<pubDate>Sat, 15 Oct 2011 11:41:35 +0000</pubDate>
		<dc:creator>Nonso Obikili</dc:creator>
				<category><![CDATA[Random Thoughts]]></category>
		<category><![CDATA[CBN]]></category>
		<category><![CDATA[devaluation]]></category>
		<category><![CDATA[exchange rate]]></category>
		<category><![CDATA[foreign exchange market]]></category>
		<category><![CDATA[naira]]></category>
		<category><![CDATA[Nigeria]]></category>

		<guid isPermaLink="false">https://nonsoobikili.wordpress.com/?p=468</guid>
		<description><![CDATA[The CBN acted during the week to shore up the Naira and probably tackle rising inflation which has risen to above the single digit target. One thing is clear: things are not looking good. The naira is desperately trying to shed some weight and inflation seems to be back to the fore. The CBN is [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nonsoobikili.wordpress.com&amp;blog=9228685&amp;post=468&amp;subd=nonsoobikili&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nonsoobikili.wordpress.com/2011/10/15/cbn-naira-struggles-and-market-gimmicks/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
	
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			<media:title type="html">nigernomics</media:title>
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		<item>
		<title>Microfinance in Nigeria: Can it work?</title>
		<link>http://nonsoobikili.wordpress.com/2011/09/26/microfinance-in-nigeria-can-it-work/</link>
		<comments>http://nonsoobikili.wordpress.com/2011/09/26/microfinance-in-nigeria-can-it-work/#comments</comments>
		<pubDate>Mon, 26 Sep 2011 22:28:55 +0000</pubDate>
		<dc:creator>Nonso Obikili</dc:creator>
				<category><![CDATA[Random Thoughts]]></category>
		<category><![CDATA[CBN]]></category>
		<category><![CDATA[Kinship Network]]></category>
		<category><![CDATA[Microfinance]]></category>
		<category><![CDATA[Nigeria]]></category>

		<guid isPermaLink="false">http://nonsoobikili.wordpress.com/?p=453</guid>
		<description><![CDATA[Microfinance has been touted as the saviour of the poor and with success in some parts of south Asia is being exported to various poverty-stricken parts of the globe with modifications done by most countries to fit their system. Nigeria too has jumped on the microfinance bandwagon but has so far not been able achieve [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nonsoobikili.wordpress.com&amp;blog=9228685&amp;post=453&amp;subd=nonsoobikili&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nonsoobikili.wordpress.com/2011/09/26/microfinance-in-nigeria-can-it-work/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
	
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			<media:title type="html">nigernomics</media:title>
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		<item>
		<title>Investors are not charities</title>
		<link>http://nonsoobikili.wordpress.com/2011/09/09/investors-are-not-charities/</link>
		<comments>http://nonsoobikili.wordpress.com/2011/09/09/investors-are-not-charities/#comments</comments>
		<pubDate>Fri, 09 Sep 2011 12:03:56 +0000</pubDate>
		<dc:creator>Nonso Obikili</dc:creator>
				<category><![CDATA[Random Thoughts]]></category>
		<category><![CDATA[Electricity]]></category>
		<category><![CDATA[investment]]></category>
		<category><![CDATA[NEPA]]></category>
		<category><![CDATA[NERC]]></category>
		<category><![CDATA[Nigeria]]></category>
		<category><![CDATA[PHCN]]></category>
		<category><![CDATA[pricing]]></category>

		<guid isPermaLink="false">https://nonsoobikili.wordpress.com/?p=446</guid>
		<description><![CDATA[$90bn. That is apparently what it would cost to increase our electricity generating capacity to 40000mw by 2020. Not nearly enough electricity for a country our size but certainly more than the 4000MW capacity we are currently struggling to maintian. One thing is clear, the government does not have a $90bn to invest in electricity. [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=nonsoobikili.wordpress.com&amp;blog=9228685&amp;post=446&amp;subd=nonsoobikili&amp;ref=&amp;feed=1" width="1" height="1" />]]></description>
		<wfw:commentRss>http://nonsoobikili.wordpress.com/2011/09/09/investors-are-not-charities/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
	
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			<media:title type="html">nigernomics</media:title>
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