Business & Economy

What Happened To Nigeria’s $20 Billion?

Nigeria is subliminally going through perilous times. Unfortunately, the factors responsible forthese conditions are dangerously explained away politically. The people are hit by mute...

Banks Are Not My Business

Whenever I see any bank and the ill-assorted characters called bankers in their foppish coats I suffer an extravagance of laughter. The Poet does not...

How Decisive Monetary Policy Is Powering Nigeria’s Economic Resilience and Growth

In an era marked by global economic volatility, few nations have demonstrated strength and foresight of Nigeria’s Central Bank and its Monetary Policy Committee...

Upbraiding the Invalidation of Cards Trapped in ATMs

The problem of cards getting jammed in ATMs is traceable to system errors in the machines. It is analogous to cases where the machines fail to dispense cash to customers yet debit them. Bank customers are not to blame for these system failures, and should not be penalized therefor or made to pay for same. The problems associated with ATMs in Nigeria are many...

The Nigerian Jobseeker Pays for Every Job Application

Sadly, Nigerian employers have turned their recruitment exercises into income-generating ventures. In all, poor jobseekers pay for every job application, with no assurance that the most qualified or exceptional will secure the job!

Recurrent Expenditure and the Rest of Us

Although the budget is more of an expected revenue and expenditure within a given period of time, it mirrors how our resources are managed and the areas that the different arms and agencies of government spend our money. A critical look at the budget proposal and the appropriation bills passed over time shows a rise in the recurrent expenditure...

Banking and Insurance As Frauds, Tax as State Robbery of Citizens

After it became ignobly clear that General Sani Abacha was ignobly and perversely determined to destroy democratic governance in Nigeria, some academics with social conscience met at the Obafemi Awolowo University to design the theoretical and practical strategies to terminate his madness...

President Goodluck Jonathan and the revival of Nigerian economy in the 21st century

President Goodluck Jonathan's economic blue-print for industrialisation is  crucial to the development of Nigeria  and this has been  commended by well meaning progressive Nigerians both at home and abroad...

Repositioning Nigerian economy for growth (3)

Nigeria should seek some unconventional solutions to tackling its power problem. The most plausible way to putting the present power problem behind us is to seek sovereign loans from countries like China, using the country's oil reserves as strategic collateral...

Repositioning Nigerian economy for growth (2)

To start development planning in Nigeria, the President should as a matter of urgency, elevate the Minister of National Planning as both Planning and Coordinating Minister of the Economy, while the Minister of Finance should focus on finance, which is already huge enough to keep the occupant very busy...

Repositioning the Nigerian economy for growth (1)

We have been suffering from an oil wealth illusion. Because oil money flows without the people or the government involved, we've developed an entitlement mentality. Since some distant nations and people provide us with oil money we prodigally spend, we also believe that the same foreigners should be the ones responsible for our country's development...

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Eating Our Ponmo Yesterday, Today and Tomorrow

Occasionally it becomes one’s fortune to read a statement...

On the Resignation of Okonjo Iweala

I wish to congratulate Ngozi Okonjo Iweala for her service to the nation and for her resignation. When young people mention the good that is happening to Nigeria, they include her...

No More Waste!

In a 5-day agribusiness seminar, organised by TELL and ACME consulting, in conjunction with Songhai Centre in the Republic of Benin, participants are exposed to the yet un-harnessed treasures of integrated farming...

Doctrine of Satan, Sin and Eternal Soul

There is priceless information that touches on a far more serious matter than any other subject matter you can imagine. We will endeavor to visit it here. And so, we would desire a ready and open mind and total earnestness...

FRSC and the Yorkshire Ripper (2)

Why is it that of all the duties vested in the FRSC by law, the one that it’s officers and men are seen to play with any frequency is that of mounting check points at obscure locations?

Aid to Haiti: Nigeria, South Africa and African Union should work together

Many African countries including Nigeria, South Africa, Rwanda and others are offering assistance to Haiti but they should synchronize their effort...

An Indigenous Arms Industry in Nigeria: Matters Arising

President Muhammadu Buhari’s call to Nigeria’s Defence Ministry to...

“The Ironies of Freedom: Nigeria’s Happy Slaves”

In the heart of Africa lies a nation brimming...

Obasanjo and the Nigerian Newspapers

It is quite disturbing that one of the country’s leaders who is supposed to realize the effect and weight of his public pronouncements descended so low as to declare that he does not read Nigerian newspapers...

Fayemi: Second Coming of a Long Distance Runner

When he was farcically rigged out as Governor of...