…the concept of ‘government having no business doing business’ is flawed and should be rescinded going forward.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 […]
Buhari has to simply trek back to where the rain started beating him and make amends. Allowing the problem to linger not only threatens the chances of economic revival but also the hard-earned change. Even […]
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 […]
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 […]
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 trial of Senate President, Bukola Saraki, for alleged forgery was stalled on Wednesday, because the prosecution counsel, Aliyu Umar, said he had not prepared his response to a fresh motion by the defendants challenging […]
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 […]
Nobel laureate Wole Soyinka has disavowed a role as a negotiator on behalf of the Niger Delta Avengers (NDA), a militant group that has claimed responsibility for numerous bombing attacks on oil installations in Nigeria’s […]
The Nigerian Senate has rejected the proposed sale of national asset by the federal government. The Senate took the decision on Tuesday at the resumed plenary after extensive deliberation.
President Muhammadu Buhari on Monday appointed Chief Executives for 13 Federal Government agencies. Bolaji Adebiyi, the Director of Press in the Office of the Secretary to the Government of the Federation (SGF) stated this in […]
Dear President Buhari, As you are aware Sir, the National Youth Service Corps (NYSC) scheme was established with the sole aim of fostering national unity and social integration along the ethnic divides of the Nigeria […]
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 […]
The sale of several oil and gas asset would benefit the Nigerian economy in the mid to long term. All commercial asset in which the state has a controlling and operating interest should be scaled-down. […]
A witness at the ongoing trial of Waripamo-Owei Dudafa, an aide of former President Goodluck Jonathan, on Monday told a federal court in Lagos that he received $4 million in cash from the defendant. Murtala […]
The Federal Government is planning to sell at least five per cent of its shares in the Nigeria Liquefied Natural Gas company, The PUNCH has learnt. Impeccable sources in the Presidency told our correspondent that […]
the administration of President Muhammadu Buhari inherited road contractual liabilities worth N1.5tn, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said. Fashola said this in a statement made available to our correspondent […]
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 […]
Apart from corruption that has crippled Nigeria’s economy, another cankerworm that is devouring our nation’s treasury is the extravagant lifestyles of public office holders. The public officers do not show restraint in the usage of […]
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