Economy

Airlines unable to remit ticket sales    Firms, individuals hoard forex on election concerns   CBN: Hoarders are in for a surprise Most firms in Nigeria seeking to utilise and remit US dollars overseas are finding […]

      Statistical information in Nigeria about income, employment and unemployment is very inadequate. This deficiency cannot be remedied quickly, as the necessary work is both complex and costly. But this deficiency should not […]

Curiously, in an attempt to align with public sentiment, in an election year, government was stampeded by popular demand to concede and accommodate a N10/litre subsidy on a reduced pump price of N87/litre. Clearly, this […]

ORDINARILY, the glut in the global oil market ought to bring succour to consumers of fuel products in not only enjoying surplus supply but also low price of the commodities. When there is surplus in […]

DEVELOPMENT of the transport sector is arguably one of the more interesting things happening in present-day Nigeria. It has taken various dimensions. One is the reconstruction of roads some of which, like the Benin-Ore road, […]

SKC Ogbonnia, Executive Director, Patriots United for Transparency and Accountability in Nigeria (PUTAN) reflects on the recent statement by Co-ordinating Minister for the Economy and Minister of Finance, Dr Ngozi Okonjo-Iweala on Nigeria’s endemic corruption […]

When in late 2013, Lamido Sanusi, then Central Bank governor wrote to President Goodluck Jonathan  asserting that about $20 billion was not accounted for by NNPC, many Nigerians dismissed the claim with a wave of […]

One month ago, a 2-minute animated video on the inflation of public contracts was shared with Nigerians through social media platforms. The online comments that followed the video showed little or no surprise that public […]

The Federal Government, Monday, scheduled to pay off about N264 billion between now and end of March, as subsidy reimbursement applications submitted to marketers as at end of January 2015. The sum comprises 2014 outstanding […]

“People are saying you people said you will do [by December 2014] 6,000MW, yes! We have the capacity standing..” Professor Chinedu Nebo, Minister of Finance, PUNCH, January 28, 2015, p 38. That statement by the […]

YEAR 2015 is likely to be a year of contrasts in which a difficult and uncertain start will most probably give way to a promising end, as renewed post-election economic reform efforts to address fiscal, […]