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Business & Economy

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

    by Benjamin Ogbebulu September 16, 2013
    by Benjamin Ogbebulu

    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…

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  • Repositioning Nigerian economy for growth (3)

    by Odilim Enwegbara May 2, 2013
    by Odilim Enwegbara

    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 …

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  • Repositioning Nigerian economy for growth (2)

    by Odilim Enwegbara April 29, 2013
    by Odilim Enwegbara

    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 …

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  • Repositioning the Nigerian economy for growth (1)

    by Odilim Enwegbara April 20, 2013
    by Odilim Enwegbara

    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 …

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  • Why the Nigerian economy cannot be growing

    by Odilim Enwegbara April 11, 2013
    by Odilim Enwegbara

    Is an economy with high interest rates, high inflation rates, and high unemployment rates growing? Should a highly import dependent and infrastructure deficient economy, be economy?

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  • Nigeria's Incompetent Economic Team (2)

    by Odilim Enwegbara March 14, 2013
    by Odilim Enwegbara

    Before 2015, let’s send the present incompetent economic team home along with their obsolete textbook development theories. In their place should be a team of vibrant goal-getters, whose mission should …

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  • Nigeria's incompetent economic team (1)

    by Odilim Enwegbara March 14, 2013
    by Odilim Enwegbara

    Like China before Deng’s economic revolution, Nigeria today tops the world’s corruption, unemployment, and rundown economic charts. Also like China before its economic revolution, Nigeria today is littered with graveyards …

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  • North’s cornering of oil blocs

    by Anthony A. Kila March 11, 2013
    by Anthony A. Kila

    It is easy to understand that any Nigerian that knows what an oil bloc is will want one. Understandably not every Nigerian can get one. The question then is: In …

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  • Nigerian National Petroleum Corporation: Antidotes for Some Of Its Numerous Challenges

    by Suleiman Oji March 4, 2013
    by Suleiman Oji

    If it is now agreed that NNPC should be privatized so that the field is left open for private participation in upstream activities in Nigeria, then caution must be exercised. …

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  • 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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  • 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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  • 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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  • Amaechi’s Ruthless Tax

    by Odimegwu Onwumere January 16, 2013
    by Odimegwu Onwumere

    It is good for the residents of a given society to pay their taxes, but the authorities concerned with the management of the people must make sure that the people’s …

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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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