Segun Ajibola
Segun Ajibola is a Professor of Economics who discusses the unique challenges of crude oil production in Nigeria. He emphasizes the impact of security issues and environmental concerns on production costs compared to other oil-producing countries.
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Recent news mentions
Professor Segun Ajibola noted that crude production volume in Nigeria is influenced by various complex factors beyond the government's control.
Dangote Petrol Price Debated Amid Middle East Tensions
Nigeria· 2026-03-06
Prof Segun Ajibola highlighted the need for clarification regarding the President's statement on revenue targets.
Nigeria’s 2025 Revenue Target Met? APC, Opposition ClashNigeria· 2025-09-04
Professor Segun Ajibola backed the Federal Government’s plan to issue a N758bn bond to settle outstanding pension liabilities, describing it as long overdue.
Fresh $24bn borrowing may balloon Nigeria’s debt to N183tnNigeria· 2025-05-28
Ajibola evaluated in a phone interview that the N2.14tn in unsold inventory is a dangerous symptom for manufacturers.
Manufacturers record N2tn unsold finished goodsNigeria· 2025-04-22
Segun Ajibola, former president of the Chartered Institute of Bankers of Nigeria, observed that the 2025 budget represented the government’s desperate moves to reposition the economy.
Stakeholders urge holistic 2025 budget implementationNigeria· 2025-03-18
Professor Segun Ajibola expressed concerns that directors who have been faithful in servicing their loans would be tarred with the same brush as the defaulters.
Shareholders back CBN on bank directors’ non-performing loans – Punch NewspapersNigeria· 2025-02-20
A professor of economics at Babcock University, Segun Ajibola, said the states must do all they can to raise internally generated revenue.
States’ salaries rise by 90% to N3.8tnNigeria· 2025-02-10
A Professor of Economics at Babcock University, Segun Ajibola, stated that the enduring problem of high governance expenses had persisted at the state level.
30 states generate N2.8tn, spend N3tn on travels, salariesNigeria· 2025-02-10
Segun Ajibola maintained that many factors affect the cost, saying Nigeria is a peculiar place compared with Saudi Arabia.
Stakeholders worry as Nigeria spends N18tn on crude production annuallyNigeria· 2025-02-10
