Economy

The governing elite according to, Wilfred Pareto, (1848-1923), an Italian social scientist, governs society. It is made up of ‘conservative lions’ and an ‘adventurous but unscrupulous foxes’, according to Nicollo Machiavelli, (1469-1527) another Italian writer […]

•FG’s directive that MDAs must buy made-in-Nigeria vehicles is most welcome A prophet is not without honour,” goes that famous Biblical quote, “except in his own country, among his own people”. If we were to […]

Before you start reading, try to recollect your experience the first time you went to buy tomatoes in the Nigerian market and discovered how expensive they had become. If you are not the market-going type, […]

In three days’ time, the Muhammadu Buhari-led administration will breast the finishing line of its first year in office. I hope hardline supporters who have shut down criticisms of the administration now agree that time […]

“You cannot get a four-year mandate, do rubbish for four years, become desperate for one month and expect to be returned. Na home you dey go” -J.J. Omojuwa  Nigerians all over the world are known […]

The monthly allocation shared among the federal, states and Local governments dipped by N18.2 billion, leaving the tiers of government with a total of N281.500 billion for April, shared yesterday in Abuja For March, N299.747 […]

Sir: The situation in Nigeria does not call for additional financial pressure on the people. Perhaps no time has been as tough as this for Nigerians. That is why it comes as a shock that […]

The Minister of Power, Works and Housing, Mr. Babatunde Fashola (SAN), has denied ever saying as the then Governor of Lagos State that if given a chance, he could fix the problem of electricity in […]

The Federal Government on Tuesday said the pest, Tuta absoluta, popularly known as ‘Tomato Ebola’, which is responsible for the massive destruction of tomato in farmlands, had invaded six states in Nigeria. It also disclosed […]

Switzerland is considering giving every adult citizen a guaranteed income of $2,500 a month. No questions asked. The country is holding a national referendum on the introduction of a basic income on June 5. Its […]

Nigeria’s overdependence on oil is one reality that President Buhari’s government has to grapple with if it will survive the crash in the global oil prices. The good news is that every challenge posed to […]

These are perilous times for President Muhammadu Buhari and the country’s 36 state governors. In fact, some will argue that this is not a good time to be president or governor in Nigeria. Already, about […]

At its March 21-22, 2016 meeting, the Monetary Policy Committee (MPC) “charged the apex bank to speed up the comprehensive reform of the foreign exchange market which is currently being undertaken” with a view to […]

THIS headline reminds me of a similar question that late Ronald Reagan asked American voters when he was seeking their mandate in the 1980 presidential elections. Reagan was the Republican presidential candidate against the incumbent […]

•Government should find ways to tap into the money without jeopardising the goal The pension funds story somewhat reminds of the allegory of the dweller on the banks of the River Niger that would rather […]

Minister of Information, Lai Mohammed  last week  said that Nigeria is broke. He spoke to State House correspondents at the end of the Federal Executive Council (FEC) meeting in Abuja. He said the Federal Government […]

Industry, commerce, as well as employment opportunities, unexpectedly, flourished for the greater part of Gen. Sani Abacha’s four-year reign, despite Nigeria’s pariah status and the stupendous treasury rape by the dictator. The question, therefore, is […]

We should not dwell heavily on the cause of our woes. We should not bellyache over the corrupt doings of the Jonathan years overmuch. We should not carp on the wasted opportunities with the Naira […]

TWO Nigerians from Katsina State have been Presidents of Nigeria in the past ten years. The first was Alhaji Umaru Musa Yar’Adua, who assumed power on May 29th 2007. He was an academic from a […]

Nigerian National Petroleum Corporation’s  (NNPC’s ) debt overhang in cash calls to  multinational and indigenous oil companies it operates Joint Venture (JV) project with, has reached about $7billion, it was learnt at the weekend. Cash […]