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Editorial

Tinubu’s tax waivers on staple foods, a good omen

Tinubu’s tax waivers on staple foods, a good omen

The decision by President Ahmed Tinubu’s Renewed Hope Administration to remove taxes on staples foods items like rice, maize, beans and other grains will assist in depreciation of the inflation in the country. The development will reduce pressure on the naira by discontinuing the payment of taxes and levies in foreign currency and prioritising the ...

The scourge of ghost workers and absenteeism in Nigeria’s civil service

Combating terrorism, banditry to safeguard Nigeria’s food security

Cholera outbreak in Nigeria, more proof of underdevelopment

Reviving the energy sector as remedy for Nigeria’s economic challenges

Confronting the menace of ritual killings in Nigeria

The urgent need for international cooperation to combat human trafficking

The urgent need for international cooperation to combat human trafficking

The recent rescue of 11 young Nigerian girls from the clutches of human traffickers in Ghana is a depravity that lurks in the shadows of our society. The victims, aged 14 to 18, were lured with promises of restaurant jobs, only to be forced into prostitution and subjected to ritual oaths. This heinous crime is ...

Unravelling the endless construction of Ajaokuta steel industry

Unravelling the endless construction of Ajaokuta steel industry

Since 1979 when the Ajaokuta Steel Industry project was started by the Alh Shehu Shagari administration, having signed the contract with a Russian firm in 1976, one would have expected the vision and mission of the project to have been long accomplished by now. With initial cost put at $1bn, which has reverally reviewed over ...

Free market cannibalism: Oil sector regulators must do better

Free market cannibalism: Oil sector regulators must do better

Of all capital projects in the country, the Dangote Refinery has proven itself most profitable on a national scale. It did not suffer the fate of other state-run refineries who gulp billions annually but spit dirt. Its benefits remain endless for the government, marketers, and the common man. Within a few months of operation, it ...

Nigeria’s concerning rising debt amid minimum wage crisis

Nigeria’s concerning rising debt amid minimum wage crisis

The Nigeria’s public debt stock which includes external and domestic debt stood at N121.67 trillion ($91.46 billion) in Q1, 2024, rising from N97.34 trillion ($108.23 billion) in Q4 2023, indicating a growth rate of 24.99 percent on a quarter-on-quarter basis. Figures by the National Bureau of Statistics(NBS) on Monday said total external debt stood at ...

The importance of early warning systems in flood prevention

The importance of early warning systems in flood prevention

The situation described in Nigeria regarding the upcoming flood season is indeed concerning. The Nigerian Meteorological Agency (NiMET) has predicted heavy rainfall across several states, which could lead to flash floods, particularly in low-lying areas and on infrastructure like roads and bridges. The states specifically mentioned in the forecast include Niger, Plateau, Benue, Kaduna, Taraba, ...

Presidential air fleet maintenance: Profligacy amid austerity

Presidential air fleet maintenance: Profligacy amid austerity

As Nigeria grapples with economic challenges, the Federal Government’s priorities are once again called into question. Under President Bola Tinubu’s administration, State house report showed that a staggering N14.77 billion has been spent on repairing and maintaining the presidential air fleet in just 11 months. This extravagance is particularly galling when considered against the backdrop ...

Nigeria’s culture of wastage: 2023 national population census

Nigeria’s culture of wastage: 2023 national population census

Since 1921 when the then Governor-General of Nigeria, Sir Hugh Clifford conducted the first census during the colonial era, with the country’s population put at 18.8 million, the nation has been battling with the problem of conducting an accurate and generally acceptable census. There have been several abortive attempts to conduct a credible national population ...

Ending the menace of insecurity in Nigeria

Ending the menace of insecurity in Nigeria

The issue of insecurity has become a major challenge towards achieving developmental programmes and policies in the country. The hike in price of commodities in the market today is occasioned by insecurity factors as farmers couldn’t access their farmlands. The pronouncement by Governor Uba Sani of Kaduna State that the military will soon establish three ...

Why Nigeria must adopt a people-centric constitution

Why Nigeria must adopt a people-centric constitution

Nigeria, a nation teeming with potential, finds itself at a critical juncture. The persistent calls for restructuring grow louder by the day, yet the reluctance to take bold action threatens to push the country further into peril. Delaying restructuring is not just a missed opportunity, but a dangerous gamble with Nigeria’s future. President Bola Tinubu ...

The role of individual actions in combating Cholera

The role of individual actions in combating Cholera

The recent cholera outbreak in Nigeria has sparked concerns, particularly in Lagos and several other states. The National Biosafety Management Agency has urged the public to exercise extreme caution amidst reports of 30 fatalities and 1,141 suspected cases. Enhanced hygiene measures are crucial at this time, alongside concerted government efforts to aid those affected. The ...

Democracy without attendant economic development

Democracy without attendant economic development

Nigeria may have celebrated twenty-five years of unbroken democracy, but how have its citizens fared? It is no longer news that Nigeria and Nigerians are passing through one of the worst times in the history of the country, with high cost of living, abject poverty staring them in the face. No wonder pundits and well-meaning ...

Is six-year single tenure for President Nigeria’s problem?

Is six-year single tenure for President Nigeria’s problem?

Just yesterday about 30 lawmakers at the Green Chamber of the National Assembly proposed a six-year single tenure for President and Governors in the political architecture of this country among other sundry issues. The question that has been pondering on my mind at this critical period is that Nigerians’ problem? These House of Representatives members ...

Failure of estimated billing and the need for metering

Failure of estimated billing and the need for metering

The country’s ailing power infrastructure and ecosystem are on the brink of collapse, threatening viable industrialisation and sustainable economic growth. The electricity generation companies are drowning in a sea of debt, owed a staggering N3.17 trillion, with a funding gap of N1.7 trillion. Liquidity challenges, unfavourable fiscal and monetary conditions, inflation, and foreign exchange volatility ...

Labour Unions’ demands: Reasonable or excessive?

Labour Unions’ demands: Reasonable or excessive?

The protracted dispute between Organised Labour and the Federal Government over the minimum wage has reached a critical juncture. The standoff, marked by failed negotiations and entrenched positions, threatens to bring the economy to a grinding halt. The labour unions’ demand for a minimum wage of N494,000, down from their initial demand of N615,000, is ...

Suspended Labour strike, gains and losses

Suspended Labour strike, gains and losses

The suspended Labour strike in Nigeria may have come and gone, but not without ripples, positive or negative. Though Nigerians, especially workers had braced up to a marathon industrial action with the Federal Government, but the action was short-lived. The sudden suspension of what supposed to have been long lasting industrial action barely two days to ...

Levies in the time of inflation

Levies in the time of inflation

Nigeria’s food crisis is gunpowder awaiting a spark to create national upheaval, threatening sovereignty. Prices are at an all time high, food inflation nicking 40.5 percent. The previous administration, misled by arsinine economic ideologies, turned Nigeria into a closed system in a bid to attain self-sustenance. Touting acronyms such as BRICS, MINTs, it hoped to ...

2023 – 2027: Why local government autonomy will be Tinubu’s greatest achievement

2023 – 2027: Why local government autonomy will be Tinubu’s greatest achievement

The clamouring for independence of the financial freedom of the third tiers of government should be embraced by state Governors and all stakeholders to decentralise the economy and bring development to people at the grassroots. The Federal Government recently filed a suit at the Supreme Court seeking for full autonomy for the 774 local governments ...

Youth unemployment and the sustainability of Students Loan Scheme

Youth unemployment and the sustainability of Students Loan Scheme

President Bola Tinubu’s administration have made a significant stride in transforming Nigeria’s education sector through the Students Loan Scheme. While this initiative has the potential to bridge the financial gap for many deserving students, it is important to consider the broader context of youth unemployment in Nigeria. The Students Loan Scheme, a brainchild of President ...

FG, Labour Unions must reassess stance on minimum wage

FG, Labour Unions must reassess stance on minimum wage

As the Tinubu administration marks its one-year anniversary, the lingering dispute between the federal government and the labour movement over a minimum wage or living wage persists. The government’s hasty implementation of fuel subsidy removal and currency floatation, though plausible, has since then become a bone of contention about the lack of thorough planning and ...

From consumer to industrial economy, the way forward

From consumer to industrial economy, the way forward

Nigeria as a country has been relying heavily on foreign goods imported from other nations of the world to survive. In fact, since the country gained independence from the colonial masters, it has been consuming products from other climes. It was in the late 70s and early 80s that its leaders tried to institute, maintain, ...

look around bold & colourful 1930s semi in London

look around bold & colourful 1930s semi in London

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Sister Famed Mayor, Chose to Die on a Saturday

Sister Famed Mayor, Chose to Die on a Saturday

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National anthem saga: A pointless distraction

National anthem saga: A pointless distraction

In the heat of untold hardship on Nigerians, what’s the significance of a National Anthem? On Thursday, a bill proposing that Nigeria revert to its old national anthem, ‘Nigeria, We Hail Thee,’ passed its third reading at the House of Representatives and its second reading in the Senate. It left many Nigerians pondering the importance ...

The unending insecurity nightmare: A call to action

The unending insecurity nightmare: A call to action

The recent spate of attacks and kidnappings across the country, particularly in the South-West, has once again brought to the fore the precarious state of security in Nigeria. The gruesome account of Nurudeen Olaitan Salami, a survivor of a deadly herdsmen attack on April 17, is a chilling reminder of the horrors that many Nigerians ...

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