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Editorial
The latest wave of attacks on Chibok community in Borno State by suspected Boko Haram terrorists marks yet another dark chapter in a long history of suffering and terror in the region. The devastation inflicted by these attacks—most recently in Bazir village, which saw the deaths of two brothers and the burning of homes and ...
Editorial
Nigeria’s road infrastructure has deteriorated to the point where it can no longer be regarded as a mere transportation issue; it has become a full-blown national emergency. The latest report from SB Morgem Intelligence paints a grim picture of the nation’s highways, which have transformed from vital arteries of commerce into perilous corridors that claim ...
Editorial
As Nigerians prepare for the 2027 general elections, the political landscape is becoming increasingly complex, with various factions and political leaders making strategic moves to challenge the dominance of the ruling All Progressives Congress (APC). Opposition parties have faced significant challenges in recent years, but now, new initiatives are being put in place to achieve ...
Editorial
The attempts by former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, to forcibly replace certain denominations of the Naira without adequate preparation remain a dark chapter in Nigeria’s economic history. The policy, which resulted in a severe shortage of currency, wreaked havoc on the daily lives of millions of Nigerians. The scarcity ...
Editorial
The recent spate of road accidents in Lagos and Ibadan has once again underscored the pressing need for road safety reforms, vehicle maintenance, and more responsible driving. The tragic incidents on Wednesday—one involving a commercial bus in Oshodi, Lagos State, and another involving a truck in Ibadan, Oyo State—serve as stark reminders of the dangers ...
Editorial
The Nigerian electricity sector continues to struggle with systemic issues that adversely affect consumers, and the latest report from the Nigerian Electricity Regulatory Commission (NERC) offers a stark reminder of these persistent challenges. In the third quarter (Q3) of 2024, a staggering 70.28 percent of customer complaints were related to metering, billing, and service interruptions, ...
Editorial
The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has raised the alarm about an impending increase in telecom tariffs, suggesting a staggering 100% hike. This proposal, which could lead to an increase in the cost of voice calls, text messages, and data bundles, has sparked widespread concern among Nigeria’s more than 300 million phone ...
Editorial
As we step into 2025, Nigeria stands at a critical juncture, with high hopes and expectations grounded in the economic data from the previous year. Yet, despite these optimistic projections, the reality of Nigeria’s economic trajectory remains unsettling, with emerging data pointing to an even bleaker future. Reports of citizens desperately scrambling for food palliatives ...
Editorial
The invitation extended by the Nigerian National Petroleum Company (NNPC) Ltd to former President Olusegun Obasanjo to tour the rehabilitated Port Harcourt Refinery signals a pivotal moment in the ongoing discourse surrounding Nigeria’s troubled refineries. The invitation comes in response to Obasanjo’s recent comments on Channels Television, where he cast doubt on both the refinery’s ...
Editorial
As Nigeria steps into 2025, the year just past stands as one of profound challenges. The country’s economic troubles, compounded by rising insecurity and widespread disillusionment, have made 2024 a year of deep frustration for many. Yet, with a new year comes an opportunity for renewal and a chance to build a more hopeful future, ...
Editorial
The aviation sector in Nigeria is at a crossroads. The recent revelation by the Nigerian Civil Aviation Authority (NCAA) that domestic airlines recorded a staggering 5,225 flight delays and 190 cancellations in just two months paints. These numbers are not just statistics; they represent thousands of frustrated passengers, missed opportunities, and a significant economic toll ...
Editorial
The recent drug bust by operatives of the National Drug Law Enforcement Agency (NDLEA) on Christmas Eve serves as a stark reminder of the ongoing battle Nigeria faces in curbing drug trafficking and the negative effects it has on society. The operation, which led to the seizure of a massive 1,960 kilograms of cannabis, popularly ...
Editorial
The recent enforcement action taken by the Nigeria Civil Aviation Authority (NCAA) against five airlines for breaching critical regulations highlights a pressing issue that has long plagued the nation’s aviation sector: the lack of accountability and the failure to protect the rights of passengers. The violations in question—ranging from failure to refund passengers within the ...
Editorial
The presentation of Nigeria’s 2025 budget, labelled the ‘Budget of Restoration: Securing Peace, Rebuilding Prosperity,’ marks an ambitious step in the government’s efforts to restore economic stability and tackle the country’s deep-rooted challenges. With a record allocation of N49.7 trillion, the proposal reflects the government’s priorities and vision for a more secure, prosperous nation. However, ...
Editorial
The recent spate of stampedes in Abuja, Anambra, and Ibadan is not merely a series of isolated incidents but a stark reminder of the systemic failures that continue to plague Nigeria, particularly in relation to poverty, hunger, and the lack of effective crowd management. In the space of just four days, these tragedies claimed the ...
Editorial
In recent years, Nigeria has faced significant economic challenges, with one of the most pressing issues being the restriction on employment at various levels of government. This policy, though likely intended to curb excesses in public spending, has had profound effects on the country’s economy and society, many of which are now becoming increasingly apparent. ...
Editorial
The recent announcement by the Minister of Power, Oloye Adebayo Adelabu, regarding Nigeria’s renewable energy investments provides a glimmer of hope for millions of citizens struggling with the country’s long-standing power supply challenges. Speaking at a workshop hosted by the Rural Electrification Agency (REA), Adelabu stated that renewable energy projects would positively impact at least ...
Editorial
The resurgence of artificial cash scarcity in Nigeria is exacerbating the severe economic difficulties already faced by citizens, particularly with the rising cost of goods and services. The recent cash rationing by banks has disrupted economic activities and made life increasingly difficult for many Nigerians. It has reached a point where the House of Representatives ...
Editorial
In recent years, Nigeria has taken substantial strides in enhancing its business environment, aiming to attract both local and foreign investment. Under the leadership of President Bola Ahmed Tinubu, the government has committed to making the country an attractive investment hub, a vision that is gradually becoming a reality. Central to these efforts is the ...
Editorial
As Nigeria enters the festive season, the nation faces an escalating cash crunch that threatens to disrupt the livelihoods of millions and undermine the country’s economic momentum. The ongoing shortage of cash, marked by severe withdrawal restrictions and systemic banking failures, is more than just a minor inconvenience. It has the potential to trigger a ...
Editorial
Touting, in its most damaging form, refers to the forceful extraction of money from commercial drivers by faceless individuals, often without providing any tangible service in return. This lawless practice has become a common feature in many Nigerian cities, with touts operating with impunity, claiming to act on behalf of invisible powers, while making life ...
Editorial
The alarming rise of illegal loan platforms and their connection to the notorious “one chance” operatives is a pressing issue that demands urgent attention. In a move to address the growing menace, the House of Representatives has called for the closure of these illicit platforms, which are being used by criminals to extort money from ...
Editorial
Nigeria’s public debt has reached alarming proportions, with the Debt Management Office (DMO) reporting a staggering increase of N12.6 trillion within just three months, bringing the total debt to N134.3 trillion (approximately $91.3 billion) by the end of the second quarter of 2024. This marks a troubling 10.35% rise from the previous quarter, further deepening ...
Editorial
The recent forfeiture of 753 duplexes by the Economic and Financial Crimes Commission (EFCC) has triggered a wave of public interest and concern, not just because of the large number of properties involved, but due to the lack of transparency surrounding their ownership and the broader implications of the seizure. This action, while a legal ...
Editorial
The recent revelation that 229 police officers lost their lives over just 22 months is a tragic reminder of the dangers facing those who serve on the frontlines of law enforcement in Nigeria. The loss of nearly 10 officers every month is a stark and troubling statistic, underscoring the risks associated with the job. While ...
Editorial
In recent times, Nigeria has been facing the grim reality of hyperinflation, with its most profound manifestation since May 29, 2023, when President Bola Tinubu’s administration announced the removal of the fuel subsidy. This policy shift triggered an immediate and sharp rise in the prices of almost all goods and services, from fuel and transportation ...
Editorial
Netflix has recently moved to dispel rumours regarding its potential exit from the Nigerian market, reaffirming its ongoing dedication to the country’s entertainment sector. In a statement issued recently, the streaming giant reassured both subscribers and stakeholders, emphasising that the speculation about its departure was baseless. This declaration follows growing discussions on social media, sparked ...
Editorial
The President, on September 3, transmitted four significant tax reform bills to the National Assembly for consideration. These include the Nigeria Tax Bill 2024, which is designed to provide a comprehensive fiscal framework for taxation in the country; the Tax Administration Bill, aimed at creating a clear and concise legal framework for all taxes and ...
Editorial
Despite the excitement surrounding the revival of local refineries, Nigerians remain skeptical about lasting change in fuel prices and supply. The recent announcement of the resumption of production at the Port Harcourt Refinery has been met with cautious optimism across the nation. The news, coupled with the Nigerian National Petroleum Company Limited (NNPCL) confirming that ...
Editorial
Nigeria’s primary education system is in crisis, and the outlook is becoming increasingly bleak. The country has the second-highest number of out-of-school children globally, a shocking statistic that highlights the urgent need for intervention. Yet, state governors across the country appear indifferent to this growing crisis. They have failed to access available funds and implement ...