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I consider as very improper the use of regulatory or legislative fiat to limit daily cash withdrawals by bank customers. Whose money are depositors withdrawing? Worse still, it is unpardonable to penalize them for withdrawing above a particular limit...
Around the 27th of December 2010, the news media reported the promise by President Goodluck Jonathan to send a Bill to the National Assembly for the purpose of enshrining in the Constitution some role(s) for Nigerian traditional rulers. The debate over the propriety or otherwise of such a constitutional provision has been raging in Nigeria...
Many ‘private sector’ outfits in Nigeria are actually owned by public officers, their relations or fronts. This creates the impression that such organisations are extensions of the public sector and makes it difficult to know, in real terms, what constitutes the ‘public sector’ and ‘private sector’, respectively, in Nigeria...
There is no free education anywhere in Nigeria. The only governments that provided free education in Nigeria were the Action Group and Unity Party of Nigeria administrations of the former Western Region during the First and Second Republics...
There are daily reports of how Nigerian banks rip off their customers through various charges and practices. And, repeatedly, these customers complain and cry out for appropriate regulatory intervention. Unfortunately, their complaints seem to fall on deaf ears...
The news is almost stale that the Federal Government has budgeted a whopping N10 billion for the celebration of Nigeria’s 50th independence anniversary come October 1st 2010...
Saturday, September 12, was a special day for the...
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