Ikechukwu A. Ogu

Ikechukwu A. Ogu, a Legal Practitioner, writes from Central Business District, Abuja

Faulting CBN’s Rationale for Daily Cash Withdrawal Limits

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...

Do We Need Any Constitutional Role for Traditional Rulers?

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...

The True Nature of the Private Sector 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...

Before Government Forecloses the Education of Poor Nigerians

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...

Regulatory Inertia vis-à-vis Predatory Banking Practices in Nigeria – Part 2

ATM frauds have become incessant in Nigeria, as is worldwide, but the menace is more pronounced in our new generation banks...

Regulatory Inertia vis-à-vis Predatory Banking Practices in Nigeria (1)

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...

INEC, Adequate Time and Credible 2011 Elections in Nigeria

President Goodluck Jonathan has promised Nigerians free, fair and credible general elections by next year. I believe he means business...

Should We Have a Lavish 50th Independence Anniversary Celebration?

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...

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