Over the last 57 years, political governance has been a mug’s game. Medium-term visions are used to narcotise the people, while a corrupt and inefficient political and bureaucratic class proceed as usual. For confirmation, look […]
Kemi Adeosun, minister of finance, says the executive has requested for N100 billion as seed funding for affordbale housing in the country for the year 2017 alone. Speaking at the International Monetary Fund meetings in […]
There was pandemonium around Creek Road in Port Harcourt on Thursday after a young parishioner identified as Kachi hanged himself inside the church hall of Our Lady of Lourdes Catholic Church. Kachi was also said […]
LAGOS— The Nigerian economy is out of recession and growing strong, says United Kingdom-based World Economics. The organisation, which is dedicated to producing analysis, insight and data relating to questions of importance in understanding the […]
SIR: In spite of the recent launch of the Economic Recovery and Growth Plan, what ails Nigeria is more profound and fundamental. Ordinarily, politics should reflect the persistent search for an economic framework that best […]
…what we are seeing is conflating poverty with criminality… Part of the problem might be in the training regime for security agencies, in which the poor are assumed to have criminal tendencies naturally. In mid-March, […]
Our aim, simply put, is to optimise local content and empower local businesses. We seek not just to take the Nigerian economy out of recession but to place it on a path of sustained, inclusive […]
Nigeria’s recovery in 2017 is currently premised on luck, cyclical upturn, rather than hard work, countercyclical policies or economic reforms. Assuring the sustenance of the recovery will require more than luck. Policies would be required […]
The massive investigation, which turns one year old today, brought the discussion of transparency to new heights, but much remains to be done to actually tackle the murky world of offshore finance. One hundred and […]
The Central Bank of Nigeria (CBN) on Sunday reiterated its determination to sustain the provision of foreign exchange with a view to ensuring liquidity in the market and enhance accessibility and affordability for genuine end […]
From its strategic location as water front border town with large agricultural and fishery options, to trade route, tourism and a once upon a time slave colony, Badagry and her ocean economy blessed sister, Epe […]
Senator Babafemi Ojudu is the Special Adviser to the President on Political Matters. He speaks in this interview on Nigeria’s challenges, blaming them on the handiwork of forces within the system You are one of […]
The Central Bank of Nigeria (CBN) has activated the new foreign exchange rate for invisibles by pumping a total of $185 million into the foreign exchange market. On Monday, the CBN introduced a cheaper rate […]
We have to recover our basic dignity. And with it our humanity. One to each other, then systems that make it so. Structures and laws, and rules, and processes and court judgements and simple symbolisms […]
– Innoson Vehicle Manufacturing factory, Nnewi, Anambra State It is imperative that we as people resolve to use what we make and make what we use. This implies a conscious decision for us to patronise […]
Fluctuating real exchange rate impairs economic growth in resource rich countries. In countries with the Dutch disease, the real exchange rates move with the prices of natural resources. Nigeria is a perfect example of such […]
For one or two years now, the Central Bank of Nigeria’s Monetary Policy Committee has retained the monetary policy rate (MPR) at 14%. The MPR is just a peg, the lowest interest rate a bank […]
One of my major points of discontent with the President Muhammadu Buhari administration is the shallowness of its anti-corruption campaign. Right from the day he commenced his campaign as candidate of the All Progressives Congress, […]
We must not only rethink our approach to economics, we must show more respect to the womenfolk. In my view, they are the stronger sex anyway. Perhaps women would naturally make better economists, for they […]
No doubts, the administration of President Muhammadu Buhari has restated in its diversification that agriculture, solid minerals and manufacturing were the key sectors identified to jumpstart the country’s economy, which has gone into its first […]
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