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Odilim Enwegbara

Odilim Enwegbara

Enwegbara is currently on a 12-month sabbatical in the US, where he is writing a book.

  • Ending Nigeria's Annual Budget Impasse

    by Odilim Enwegbara February 27, 2013
    by Odilim Enwegbara

    If a team is hired to turn around a badly managed economy, but after 18 months on the job, rather than turn it around, it has made matters worse, should …

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  • Government Agencies Committing Financial Murder

    by Odilim Enwegbara February 21, 2013
    by Odilim Enwegbara

    Until recently, public outcries that government agencies have been mismanaging the revenues they generated have been received as fallacious. And because most past legislative investigations into these allegations have ended …

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  • The $67 Billion Foreign Reserves Legacy (2)

    by Odilim Enwegbara February 21, 2013
    by Odilim Enwegbara

    By the time the ravaging global liquidity crush, which started on Wall Street in September 2008, was over, Nigeria’s own version of the financial fiasco couldn’t be more dramatic. Dropping …

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  • The $67 Billion Foreign Reserve Legacy (1)

    by Odilim Enwegbara February 6, 2013
    by Odilim Enwegbara

    First indictment was that former President Obasanjo left a whopping $67 billion in foreign reserves for his successors. Second indictment was that Yar’Adua and Jonathan administrations squandered that money in …

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  • Nigeria's Dangerously Rising Foreign Investment

    by Odilim Enwegbara January 31, 2013
    by Odilim Enwegbara

    Given how long-term growth prospects and macroeconomic sustainability are interwoven, securing the financial sector’s soundness in the economy should never happen in isolation…

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  • The Rockefeller Food Cartel

    by Odilim Enwegbara January 31, 2013
    by Odilim Enwegbara

    Discovering how difficult to win the battle of enforcing their so-called patent rights, rights that should come with excessive royalties, the US Department of Agriculture has since joined hands with …

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  • Why Democratizing CBN is Long Overdue

    by Odilim Enwegbara January 16, 2013
    by Odilim Enwegbara

    The havoc the 2008 financial crisis brought to Nigeria would have been minimal, had it not been that the breakdown in CBN’s oversight and surveillance system allowed the country’s banks …

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  • Nigerians: Victims of a Hijacked Democracy

    by Odilim Enwegbara January 13, 2013
    by Odilim Enwegbara

    No doubt Mr. President did not surround himself with some of Nigeria’s best men and women. But, then, given the kind of arrangement we have in place that places not …

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  • CIA and Nigeria's Underdevelopment

    by Odilim Enwegbara December 18, 2012
    by Odilim Enwegbara

    Nations always compete fiercer than businesses compete. Doing everything to scuffle and derail potential challengers, has been the rule of the game. For nations ahead in the game, they take …

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  • Nigeria's 2013 Fiscal Austerity Budget (1)

    by Odilim Enwegbara December 13, 2012
    by Odilim Enwegbara

    Streamlining our unheard-of 541 agencies and departments, especially with many just duplication, should be done immediately. It’s time to implement the white paper on the Ahmed Joda Panel Reported on …

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  • Why We Need Presidential Cabinet Bill

    by Odilim Enwegbara December 13, 2012
    by Odilim Enwegbara

    Today, Nigeria is in a hell of crisis. It’s on a debt-based life-support. Over half of its employable workforce is unemployed. The accompanying social dislocations are increasingly beyond its carrying …

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  • 'Reckless borrowing that eventually stagnate the economy'

    by Odilim Enwegbara November 22, 2012
    by Odilim Enwegbara

    Increasingly loading the country with huge unproductive debts, sooner rather than later, ours will become a junk economy. The danger with the debt-trap is that as soon as a nation …

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  • Why the N5000 Note is Long Overdue

    by Odilim Enwegbara November 1, 2012
    by Odilim Enwegbara

    Because Nigerians have no culture of carrying coins, CBN’s idea of temporarily allowing N5, N10, and N20 notes and coins to circulate side-by-side should be made permanent. This is because …

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  • Nigeria's 2013 Fiscal Austerity Budget (2)

    by Odilim Enwegbara November 1, 2012
    by Odilim Enwegbara

    The question everyone seems to be asking endlessly is: how could Brazil have risen so fast it is not only beating Britain as the world’s sixth largest economy, but also …

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  • Nigeria's 2013 Fiscal Austerity Budget (3)

    by Odilim Enwegbara November 1, 2012
    by Odilim Enwegbara

    Should a nation as vastly endowed with oil wealth as Nigeria continue using lanterns and candles in powering its development, or remain in darkness when it should have used a …

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  • Time for Nigeria to leave WTO

    by Odilim Enwegbara October 9, 2012
    by Odilim Enwegbara

    Confronted with stagnating domestic markets, declining absolute profits, and the need to evacuate  redundant dollars overseas, the Rockefeller-led neoliberal globalists believed it was time for global economic restructuring in a …

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