In the heat of the election to halt the Peoples Democratic Party’s 16 years rule in 2015, the new coalition of opposition political parties that formed the All Progressives Party brought in a renowned American […]
The world bank has projected economic growth in Sub-Saharan Africa to fall below expectation in 2016. According to Africa’s Pulse, the bi-annual analysis of economic trends in the continent, growth is expected to be 1.6% […]
The senate is now in possession of a memo on the proposed emergency powers bill from President Muhammadu Buhari — and an important component of the bill is to abridge the process of sale or […]
Nigeria’s foreign exchange market was tension-soaked yesterday, as the Naira raced towards N500/USD1. It closed at N490/ USD1 in the parallel market, with dealers expecting further rise today to hit the dreaded N500 mark. Surprisingly, […]
…the concept of ‘government having no business doing business’ is flawed and should be rescinded going forward. Government must do business and do it well. Government cannot abandon its economic role to private entities and […]
Beside external borrowing, this government should be bold enough to seek a law that will allow it to begin the sequestration of all the oil blocks that previous governments handed to some local and foreign […]
Nigerians were ripped-off by neo-oligarchs in the past and what we are seeing today is peer rivalry among this unscrupulous, vicious arm of the business class in collaboration with their comrades in government, trying to […]
Because of the current economic situation in the country, there is a strong temptation to stop looking far into the future; to stop aspiring for greatness; and to stop having dreams of a national glory. […]
Nigeria’s economy is in decline following the downward trend in crude oil prices beginning in July 2014. By the end of Q2 2016, the country slipped into recession, following consecutive negative GDP growth in the […]
It is important to state that Nigerians need to come to terms with two realities. An economy on our trajectory will most likely have interest rates and inflation that are above normal. Ours is not […]
Hopefully, the present pain will permanently bury doubts about the need for a robust stabilisation fund and the imperative of strengthening transparency and accountability mechanisms… But we also need to permanently puncture the lie that […]
Government should not stretch the patience of Nigerians to its elastic limit. The 2012 fuel scarcity strike set the stage for the eventual defeat of the Jonathan PDP government. The APC government of Buhari can […]
The Nigerian government plans to sell only some percentage of its shareholding in selected asset, and will not sell entire national property, a top presidency source has told PREMIUM TIMES. The government also intends to […]
Without pressing that reset button and accepting that this is now crunch time – time to fix the fundamentals but have the state invest in expanding local production and processing to create jobs, provide income […]
Painful as it has been for the vast majority of Nigerians, the country’s worst recession in 30 years is an opportunity to deeply reflect on the wobbly structure of our country’s economy and learn some […]
The argument that sale of asset is the only way to reflate the economy out of recession is troubling, and suffers what economists might call policy myopia or time inconsistency problem… if we auction away […]
That brings me to asset sales. If these are done strategically, they can constitute a triple boost to a flagging economy. They can: (1) bring in FOREX; (2) improve efficiency; and (3) reduce the drain […]
…it appears that we are so obsessed with the top that we have lost sight of the bottom and possible lessons and opportunities that might be found there. We have taken so much risk with […]
…it is hard to ignore the fact that uncertainty over how soon the Federal Reserve will move to tighten monetary conditions in the United States, and the recent downgrade of the economy by Standard & […]
The Minister of Finance, Mrs. Kemi Adeosun, has said that she cannot predict when the nation will get out of the current economic recession. She, however, said that some of the efforts of the government […]
Copyright © 2026 | MH Magazine WordPress Theme by MH Themes
