Distinguished Academic Assumes Paramount Leadership Role and Unveils Latest Publication-“Global Dynamics of the Oil Industry”
It is a historic event as Professor Augustine Ikein will be officially crowned as the King of Igbogene Kingdom in Yenegoa, Bayelsa State, Nigeria, on December 28, 2023. The occasion will also mark the public release of the King’s latest book, “THE WORLD OIL DYNAMICS,” which has been forwarded by Dr. Rilwan Lukman, the Secretary General of OPEC.
Dignitaries from around the world are expected to attend this dual event. In his book, Professor Ikein philosophically explores the interconnectedness of the world, emphasizing the common destiny of mankind and the global interdependence facilitated by the exchange of strategic resources between nations.
“Oil discovery in selected regions of the world has led to unprecedented breakthroughs in the progress of nations into a higher order of civilization unmatched in human history as the precious substance of great value.
However, oil wealth has also led to pride, greed, and the desire for power creating costly negative externalities driven by conflicts, insurgency, and destruction.
Therefore, a new thinking on pragmatic essentials of cooperation in the management of oil resources is imperative to end oil and gas related wars and conflicts”. Quoting from the new book, one of the reviewers, Dr. Dunni Owo, an Oil and Gas industry mogul and an award-winning author, mentioned that the coronation event is expected to be an eclectic mix of Community, Industry, Academia, and Government.
This suggests that the occasion will bring together diverse stakeholders, creating a unique blend of perspectives from various sectors, including the local community, the oil and gas industry, academic institutions, and government representatives.
“This gathering has the potential to lead to the end of Low Oil production, Oil Theft, Environmental degradation, Community unrest, and the like in Nigeria, I tag it The Quadruple Helix Model Gathering of the year What a way to close the year 2023” says Dr. Dunni Owo – National President Women in Energy, Oil and Gas (WEOG) Nigeria.
HRH Professor Augustine A. Ikein, Ph.D., holds a B.Sc. in Economics from The City University, New York, and an MBA in Finance/Management from Adelphi University, New York. He was a Fulbright Fellowship Award recipient in 1998 and has served as a Professor of Economics, Finance, and Policy Studies at various institutions in the US and Nigeria.
Throughout his career, he has held roles such as Head of Department, Dean of the Faculty of Management Sciences, Professor, and Dean of the Postgraduate School.
Professor Ikein has received several Fellowship Awards, including the Fellow Petroleum Institute and the UNCF/Lily Foundation Nissan Fellowship. He is the author of numerous books and articles, including titles like “The Impact of Oil on a Developing Country (Praeger, NY 1990),” “Oil and Fiscal Federalism,” “Oil, Democracy, and the Promise of True Federalism in Nigeria,” “The Crude Gains and Crude Pains of Crude Export Dependence Economy,” and “Oil, Nation Building, and Foreign Policy.”
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He has also contributed to government initiatives, having been appointed by the Nigerian Yar Adua/Jonathan administration as a member of the Niger Delta Technical Committee, where he chaired the sub-committee on environment and corporate social responsibility.
Additionally, he is a member of the Nigeria Content Consultative Forum (NCCF E&T), a voluntary public service arm of the Nigerian Content Development and Monitoring Board (NCDMB). Recently, he was inaugurated into the Nigerian Occupational Skills Council (NOS) for the oil and gas industry.
