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Nigerian States’ Debts Increase To 4% of GDP – World Bank

November 23, 2017 Omoniyi Osadare 0

Although the second quarter report of the National Bureau of Statistics showed that Nigeria had exited recession, several challenges remain at different levels of government, the World Bank has warned. In a report released in […]

Economy

Is Unemployment A Battle of Two Economic Models? By Samuel Akinyele Caulcrick

November 22, 2017 Omoniyi Osadare 0

The ideas of two economists, Englishman John Maynard Keynes (1883-1946) and Austrian Friedrich von Hayek (1899-1992), dominated the world economic landscape from the end of the Second World War, but with opposing views on economic […]

Economy

Kumuyi Proffers Solution To Economic Woes

November 22, 2017 Omoniyi Osadare 0

The General Superintendent, Deeper Christian Life Ministry, Pastor Williams Kumuyi, has said it will take sincerity and uprightness for Nigeria to overcome her economic woes. He spoke at a programme, tagged, ‘Soaring on Eagle Wings,’ […]

Economy

Wasteful Oil Search In The North | Punch

November 20, 2017 Omoniyi Osadare 0

President Muhammadu Buhari took a wrong step on assuming office in 2015 when he ordered the Nigerian National Petroleum Corporation to double up its search for oil in the North. But it appears the wild […]

Business

Airbus, Boeing Interested In Nigeria’s National Carrier – FG

November 17, 2017 Omoniyi Osadare 0

The Federal Government has said that two major internationally renowned aircraft manufacturers, Airbus and Boeing, have indicated interest in Nigeria’s national carrier. According to the Minister of State for Aviation, Senator Hadi Sirika, the manufacturers […]

Economy

Revamping Nigerian Economy

November 10, 2017 Omoniyi Osadare 0

THE call for the diversification of the Nigerian economy has gained momentum in recent times. Nigeria needs a diversified economy, especially now that the economy has just come out of recession. Many reasons have been […]

Economy

Combining Studies With School Politics By Tobi Idowu

November 9, 2017 Omoniyi Osadare 0

Politics can be daunting for anyone. For students, combining studies with politics can really be demanding and even fatiguing, morally, physically and even emotionally. Politics in this sense does not all mean having a political […]

Business

Senate Shifts PIB Passage To Q1 2018 | Punch

November 9, 2017 Omoniyi Osadare 0

The Senate has again shifted the time for the passage of the Petroleum Industry Bill from this year to the first quarter of 2018 on the premise that the National Assembly has a lot of […]

Economy

Full Text Of President Buhari’s 2018 Budget Speech

November 8, 2017 Omoniyi Osadare 0

President Muhammadu Buhari delivered his 2018 national budget proposal speech to the National Assembly in Abuja on Tuesday. Mr. Buhari proposed a total expenditure of N8.6 trillion for the 2018 budget, representing an increase of […]

Economy

VAIDS Collects Five Million Nigerians’ Assets, Income Data

November 2, 2017 Omoniyi Osadare 0

The Voluntary Assets and Income Declaration Scheme has collected data of over five million corporate organisations and individuals in the country. This was disclosed in a statement issued by the VAIDS Office in the Federal […]

Economy

The Taxpayers In Other Parts of The Country Are ‘Not Up To 50%’ of Those In Lagos By Oluseyi Awojulugbe

October 30, 2017 Omoniyi Osadare 0

Oseni Elamah, executive secretary of the joint tax board (JTB), says the taxpayers in other parts of the country are not up to 50% of those in Lagos. Elamah, who made this statement while speaking […]

Economy

Let Us Raid China! By Greg Odogwu

October 26, 2017 Omoniyi Osadare 0

As the most populous country in Africa, the one with the greatest number of upwardly mobile citizens, history will not forgive us if we fail to take advantage of China’s meteoric rise in global influence. […]

Business

Tribune: Nigeria, Indonesia Agree To Strengthen Economic Ties

October 26, 2017 Omoniyi Osadare 0

Nigeria and Indonesia have agreed to work together to increase the level of economic cooperation between both countries. This was disclosed by Vice President Yemi Osinbajo while speaking at a bilateral meeting he held with […]

Economy

Nigeria Wants Single Currency For ECOWAS Slowed Down | PremiumTimes

October 25, 2017 Omoniyi Osadare 0

President Muhammadu Buhari on Tuesday in Niamey, Niger, urged ECOWAS member countries to tread carefully in pushing for a single currency in the sub-region by 2020, drawing attention to the challenges faced by the European […]

Economy

BudgIT: Only Four States — Kano, Katsina, Rivers and Lagos — Can Pay Salaries Without Borrowing

October 23, 2017 Omoniyi Osadare 0

Only four states in Nigeria can pay salaries without resorting to lending, a new report by BudgIT, a civil society organisation, has shown. The report, State of State 2017, was launched on Thursday and released […]

Economy

Why I Don’t Believe Nigeria’s Economy Has Ever Been the Largest In Africa, By ‘Tope Fasua

October 23, 2017 Omoniyi Osadare 0

…it’s either this country is setting everlasting records in thievery, or our figures – population, GDP and the rest – are just overhyped products of dirty politics. The figures…have shown that we suffer a double […]

Economy

How Buhari Lost Anti-graft, Economic and Political Battles, By Odilim Enwegbara

October 20, 2017 Omoniyi Osadare 0

Nigerians voted massively for President Muhammadu Buhari. They did so because they believed he was incorruptible. And so the international community believed. When Buhari announced that there wouldn’t be any hiding place for those who […]

Economy

Kaduna’s Incompetent Teachers | Tribune

October 18, 2017 Omoniyi Osadare 0

THE recent revelation that 21,780 out of the 33,000 teachers in public schools in Kaduna State failed the Primary 4 examination administered on them by the state government was something of a humid humour. It […]

Economy

Adeosun: Luxury Tax Will Commence Soon — Rich People Must Bear The Burden

October 17, 2017 Omoniyi Osadare 0

Kemi Adeosun, minister of finance, says the federal government will soon start collecting luxury taxes. Addressing journalists at the annual meetings of the World Bank and International Monetary Fund (IMF) in Washington DC on Sunday, […]

Economy

World Bank Disagrees With Adeosun On Borrowing … Says Cost of Debts Not Sustainable By Everest Amaefule

October 17, 2017 Omoniyi Osadare 0

The World Bank has disagreed with the Minister of Finance, Mrs. Kemi Adeosun, on the need for the Federal Government to borrow more in order to develop the nation’s infrastructure and stimulate the economy. The […]

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