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Home2016January

Month: January 2016

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Tribute

‘Karl Marx, He dead’ By Sam Omatseye

January 25, 2016 Omoniyi Osadare 0

I take the title of this essay from a passage in one of 20th century’s most controversial, if seminal, novels. Chinua Achebe called the author of Heart of Darkness “a thorough-going racist.” He might be […]

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Economy

Can CBN save the Naira and Nigerians? By Henry Boyo

January 25, 2016 Omoniyi Osadare 0

The Naira exchange rate has suffered severe battering in recent times and fallen from about N160 to the present N197=$; indeed, since our national experience defines a close correlation between deepening poverty and weakening Naira […]

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Economy

Our change-defying 2016 budget By Obo Effanga

January 25, 2016 Omoniyi Osadare 0

I truly do not like it when I have to write about an issue in our country and I have this déjà vu feeling that I already wrote about it in the past. That has […]

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Economy

Nigeria to Increase Budget Gap as Oil Falls Below Benchmark ……. BLOOMBERG

January 25, 2016 Omoniyi Osadare 0

Nigeria increased this year’s budget deficit forecast by 36 percent after oil prices fell below the $38 per barrel benchmark set by Africa’s top producer. The gap will increase to 3 trillion naira ($15.1 billion), or […]

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Economy

FG begins review of privatisation, concession laws ……. PUNCH

January 25, 2016 Omoniyi Osadare 0

The Federal Government said it had commenced the review of laws guiding the privatisation and concession of public assets in the country. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, stated this in […]

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Economy

LCCI to CBN: lift forex restriction on 41 items ……. NATION

January 25, 2016 Omoniyi Osadare 0

The Lagos Chamber of Commerce and Industry (LCCI) has called on the Central Bank of Nigeria (CBN) to lift the foreign exchange restrictions it placed on  41 items, saying the measure was no longer necessary, […]

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Security

Fresh N22.7bn charges: EFCC lines up 25 witnesses against Tompolo, others …….. PUNCH

January 25, 2016 Omoniyi Osadare 0

The Economic and Financial Crimes Commission has filed fresh 22 charges against an ex-Niger Delta militant leader, Government Ekpemupolo, popularly known as Tompolo, and 12 others. The charges, which were filed on Friday at a […]

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Economy

FG ends kerosene subsidy, pegs price at N83 per litre ……. VANGUARD

January 25, 2016 Omoniyi Osadare 0

ABUJA — The Federal Government, weekend, hiked the price of Household Kerosene (HHK) to N83 per litre from N50 per litre, thereby, officially ending subsidy on the product. The Petroleum Products Pricing Regulatory Agency, PPPRA , […]

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Economy

John Holt posts N1.63bn operating profit …….. VANGUARD

January 25, 2016 Omoniyi Osadare 0

John Holt Nigeria Plc posted an operating profit of N1.63 billion for the year ended September 30 2015, an 18.50 percent reduction from N2 billion the previous year. The company with interest in businesses ranging from […]

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Law

$2.1bn arms probe: Falana petitions ICC, alleges crimes against humanity ……. VANGUARD

January 25, 2016 Omoniyi Osadare 0

LAGOS—Human rights lawyer, Mr. Femi Falana (SAN), has petitioned the International Criminal Court, ICC, requesting it to investigate allegations of crimes against humanity committed by some Nigerians over alleged diversion of $8 billion earmarked to procure military […]

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Politics

Jonathan holds world press conference in Geneva, Wednesday ………. VANGUARD

January 25, 2016 Omoniyi Osadare 0

Former President, Dr. Goodluck Jonathan, will on Wednesday, hold a world press conference in Geneva, Switzerland. According to a statement by Guy Mettan, Executive Director, the Geneva Press Club, Jonathan will address two most crucial topics […]

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Issues/Policy

Clark writes Buhari, condemns renewed blowing of pipelines | Vanguard

January 24, 2016 Omoniyi Osadare 0

ABUJA- FORMER Federal Commissioner for Information for Information and Ijaw leader, Chief Edwin Clark, has urged President Muhammadu Buhari to intervene in the alleged castigation and harassment of the people of the Niger Delta and […]

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Issues/Policy

FALAE FIRES BACK Over $2.1BN ARMS PROBE:‘Nobody can prosecute me for the N100million we collected’ | Vanguard

January 24, 2016 Omoniyi Osadare 0

A former presidential candidate of the defunct All Peoples Party (APP) and Alliance for Democracy (AD), and Chairman of the Social Democratic Party (SDP), Chief Olu Falae, has been in the news in the last […]

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Issues/Policy

The saddest country in the world By Ayo Sogunro

January 24, 2016 Omoniyi Osadare 0

There is something baffling about the constant need by the people who do these things to measure human happiness. For example, in a 2010 Gallup Poll, Nigerians were described as the happiest people on earth, […]

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Issues/Policy

A milestone and a millstone By Tatalo Alamu

January 24, 2016 Omoniyi Osadare 0

Some mothers do have them indeed. But just as it is in the human family, so it is in the comity of nations. There are nations and there are nations. Just as Leo Tolstoy, the […]

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Politics

Abubakar Malami’s inquisitorial tendency By Idowu Akinlotan

January 24, 2016 Omoniyi Osadare 0

Given the terrible harm and retrogression corruption has brought upon Nigeria, it is no surprise that President Muhammadu Buhari is fixated on combating it, almost to the large scale exclusion of other great policies needed […]

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Society

Celebration as personal and collective rededication: self-reflexive meditations on “BJ@70” By Biodun Jeyifo

January 24, 2016 Omoniyi Osadare 0

Esu sleeps in the courtyard; the courtyard is too small for him. Esu sleeps in the bedroom; the bedroom is still too small for him. Esu sleeps inside the kernel of a palm nut; now […]

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Economy

Now that the budget has been found, what next? By Tonnie Iredia

January 24, 2016 Omoniyi Osadare 0

When journalists claim that it is  their exclusive preserve to set the national agenda of a nation, not many people fully appreciate the weight and significance of their claim. One politician said the other day […]

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Politics

Who is afraid of the cost of change? 2 By Ropo Sekoni

January 24, 2016 Omoniyi Osadare 0

Unless there is an immediate revolution in the country’s judicial culture, citizens may be in a better position to support the government in ending or arresting corruption in the country than a judiciary that is […]

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Society

Coming back from America (2) By Douglas Anele

January 24, 2016 Omoniyi Osadare 0

Although I did not go beyond California while vacationing in the US, my experiences are enough to convince any reasonable person thatAmerica is a great country. Of course, the US is not a paradise: America […]

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