Robert HISCOX & Governor Timipre SYLVA of the Bayalsa State in Nigeria

Governor Timipre SYLVA

Robert HISCOX & Governor Timipre SYLVA of the Bayalsa State in Nigeria

Robert Hiscox and Governor Timipre Sylva at the Governor’s Lagos home after a successful discussion on sustainable economic development initiatives in his state and agreeing on the next steps to advance Change Group’s crude oil allocation trading programme with the NNPC.

Nigeria – bad economics

There is an entrenched industry wide model that exists in Nigeria. It is a model that unfortunately also is pervasive in other resource laden developing economies. This entrenched model perpetuates the “curse of natural resources” in Nigeria. The current Nigerian petroleum trading model hampers innovation, harms economic growth and hinders wide-spread prosperity. In the more than half a century since the discovery of oil in Nigeria the entrenched model has created little good for the common citizen of that nation.  Development and prosperity have been stifled by near sightedness and corruption which in turn has given rise to pollution, poverty and terrorism.

It is my great hope that by deploying and proving the Change Group model in Nigeria that renewable economic development can be created through the trading of non-renewable resources providing a beacon of light in a dark place.

Robert Hiscox

Robert HISCOX and Former Swedish Prime Minister Ola ULSTEN

Principled Capitalism & Sustainable Economic Development

Since 2008 via Change Group and amongst our other business activities. We have applied our expertise in the energy sector in West Africa to create and build profitable and sustainable solutions for the three great threats that Robert feels face humanity today—pollution, poverty and terrorism. Robert believes that in many developing economies that these threats are intertwined and have a common root which lies in the current models for production, exploration and trade of non renewable resources and the resulting externalities.


Personally and professionally, We have worked in the energy sector to create models and execute programs, fund and raise funding for initiatives that are profitable, efficient, generate economic development and alleviate poverty.


View PDF overview of the Change Group model.