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Editorial

Government playing politics with inflation

With frantic efforts by the President Bola Tinubu administration to stabilise the economy, the inflation rate has continued to rise on a monthly basis without drastic measures. Following the trends of inflation report by the National Bureau of Statistics (NBS) one begins to feel that the government has been rather inactive in managing the inflation ...

Education vs. Experience: What matters most in political leadership?

The need for public participation, consultation in establishment of State Police

Finding solution to soaring cost of foodstuff in Nigeria

State Police: Lawmakers must guide against loopholes in Act crafting

Can food price regulation work against fuel hike, Naira depreciation?

Investigating long-term effects of removal of petrol subsidies on the Nigerian economy

Investigating long-term effects of removal of petrol subsidies on the Nigerian economy

The abolition of petrol subsidies by President Bola Tinubu remains a source of confusion, even after nine months since the decision was made. Despite assurances from the Federal Government and the Nigerian National Petroleum Company Limited that subsidies have been removed, recent reports indicate otherwise. The increase in petrol prices from N187 per litre during ...

Terrorism financing: How illegal arms sales fuel unrest in Nigeria

The current state of affairs in Nigeria is one of great concern, as the nation is grappling with a severe security crisis that has arisen due to the rampant proliferation of illegal arms in the hands of nefarious actors. This has resulted in a plethora of violent incidents, including kidnappings, terrorist attacks, and the proliferation of violent ...

On FG’s unfulfilled promise of making fuel available for Nigerians

On FG’s unfulfilled promise of making fuel available for Nigerians

Since the removal of fuel subsidy on May 29, 2023 life has not been the same in the country. The situation worsened when the Federal Government’s promise of making fuel available for the citizenry in December 2023, by locally refining crude also failed. It is no longer news that the cost of living in the ...

FAAC funds: Legislature must rise to question expenditure for accountability

FAAC funds: Legislature must rise to question expenditure for accountability

Conditions in Nigeria have brought the necessity to begin to question certain structures. The issues of funds and allocations failing to satisfy the standard of what they are meant for has become a subject of grave concern. Increasingly, issues of mismanagement of public funds have become more concerning, particularly as the harshness of the economy ...

Oil theft: Govt’s approach must be redefined to tackle economic losses

Oil theft has remained an albatross to the oil sector in Nigeria. Its effects have had far reaching impacts stretching with macro defects on the economy. It has remained a sapping of resources illegitimately into private pockets against general interest. As much as the government may have set up campaigns to clamp down on the ...

Hunger protests in Niger amidst fuel price hike

Just a few days ago residents of Niger state, a neighbouring state to the Federal Capital Territory (FCT) Abuja protested the hyperinflation plaguing the country, which has drastically affected the standard of living for citizens. This is coming when Nigerians are experiencing hard economic challenges with hike in transportation, power failure, insecurity, excessive forex exchange ...

The imperative of state policing in Nigeria’s security crisis

Nigeria’s escalating insecurity has reached a critical juncture, necessitating urgent and strategic responses that go beyond traditional rhetoric and half-measures. The clamour for the establishment of state police forces is not only growing louder but has become a rallying cry for a nation on the brink. This call, once muted by political considerations, has found ...

FG must take proactive measures in curbing the escalating food costs

Over the past two years, food prices have consistently risen, but the sharp surge in food inflation between December 2022 and December 2023 can be attributed to the federal government’s decision to completely withdraw from fuel subsidy in June of the previous year. Recent reports have highlighted the relentless escalation of food prices, which, if ...

Relocation of some federal government agencies from Abuja to Lagos, blessing or a curse?

The recent pronouncement of the relocation of the Central Bank of Nigeria (CBN), Federal Aviation Authority of Nigeria (FAAN) and some other parastatals from Federal Capital Territory (FCT) to Lagos may have elicited some reactions, ideal in a society, but the question is of what essence is that decision? While some people view it as ...

Ibadan Explosion: Govt must address regulatory measures beyond mere probe

A recent explosion which occurred in Ibadan, Oyo State Capital, as a result of explosions in stores by illegal miners had raised noise and wide reactions. No fewer than five persons reportedly died, 77 injured and 58 buildings damaged by the explosion. The demand for sanctions and investigations were part of the calls that trailed ...

Minimum wage: Will Tinubu’s tripartite committee proffer a lasting solution?

The year 2023 was a truly unpleasant moment as it was dominated by the removal of fuel subsidies, higher inflation that affected real disposable incomes and devaluation of the naira, hike in transportation among others. To be specific, the removal of subsidies on petroleum products further worsened the challenges faced by working people. It unleashed ...

Who is funding terrorism in Nigeria?

The recent plea from the Northern Elders Forum (NEF) and various civil society organizations (CSOs) for an investigation into the funding of terrorism is a clarion call that should prompt immediate government action, especially given the escalating insurgency and abductions nationwide, extending even to the Federal Capital Territory (FCT), Abuja. The nation is grappling with ...

Strengthening legislation to deter production and sale of counterfeit goods

The scourge of counterfeit and substandard products has reached alarming levels in our society, posing a significant threat to the health and economic stability of our nation. It is imperative that we confront this issue with the utmost urgency and determination. Regulatory bodies such as the National Agency for Food and Drug Administration and Control ...

FG must provide enabling atmosphere for SMEs

The 2024 budget provides a timely opportunity to focus on creating a viable environment for small and medium enterprises (SMEs) in Nigeria. This sector which is contributing nearly half of the GDP and employing over 80 percent of the workforce, has long suffered from unfavourable conditions. Amid rising unemployment and slowing growth, empowering SMEs to ...

FG must install security surveillance system nationwide

Recent insecurity menace in the Federal Capital Territory (FCT), Abuja, has raised alarm of panic. The issues have generated concerns that if the capital city could be under the ravaging spate of kidnapping and myriads of insecurity scourge, then the situation is dire for the entire country, and security assurance therefore a subject of uncertainties. ...

FG and the task of providing enabling atmosphere for SMEs

The 2024 budget provides a timely opportunity to focus on creating a viable environment for small and medium enterprises (SMEs) in Nigeria. This sector, which contributes nearly half of the GDP and employs over 80 percent of the workforce, has long suffered from unfavorable conditions. Amid rising unemployment and slowing growth, empowering SMEs to realise ...

Ibadan Explosion: The need for collaboration between govt, industry, civil society in regulating mining sector

The recent explosion in Ibadan, caused by illegal mining activities, has once again highlighted the urgent need for the Nigerian government to regulate the mining sector. It is disheartening to see how many lives must be lost before the authorities take action to protect the people and the environment from this ongoing menace. Recall that ...

Banditry epidemic: Tinubu must take decisive action now

The recent wave of kidnappings and killings orchestrated by bandits in Nigeria, particularly in the Federal Capital Territory, has sent shockwaves throughout the nation. It is a matter of utmost urgency that President Bola Tinubu responds with a resolute and forceful approach. The audacious abduction of six innocent siblings from their own home in Bwari ...

Task before the Super Eagles in the ongoing 2024 AFCON, expectations of Nigerians

Since 2013 when the Nigerian Super Eagles lifted the African Cup of Nations (AFCON) Championship trophy in South Africa, it has been tough or near impossible to clinch the trophy again. The closest being their outing in 2019, where the Super Eagles lost narrowly to the Indomitable Lions of Cameroon through penalty shootouts. Since then ...

FG must strengthen measures to recover loots

Looting of Nigeria’s treasury has sapped the country to a state of deficiency where the long term effects have begun to reflect heavily with debilitating impacts. The country’s economy is deeply affected by a deficit of infrastructure with capital shortfalls. The funds needed to execute capital projects, among other critical interventions, have become scarce. The ...

Can Government remedy rising inflation rate?

Despite frantic efforts by the President Bola Tinubu administration to stabilise the economy, the inflation rate has continued to rise on a monthly basis without drastic measures. Following the trends of inflation report by the National Bureau of Statistics (NBS) you will begin to feel that the government has been rather inactive in managing the ...

The need for community-based security initiatives to complement Gov’t efforts

In the wake of the horrifying Christmas eve terrorist attack that ravaged 25 communities in Plateau State, it becomes painfully clear that the Federal Government’s promise to eradicate terrorism and other criminal activities this year may have been nothing more than empty words. The senseless killings in Plateau State serve as a grim reminder that ...

Ensuring quality over quantity education in the face of varsities proliferation

The federal government is currently confronted with the daunting task of evaluating applications for the establishment of 270 new private universities. As Nigeria strives to meet the growing demand for higher education, it is crucial to acknowledge the significance of this endeavor in shaping the future of the country. While the proliferation of universities may ...

Edu’s suspension: Tinubu must not spare questionable appointees, heads of MDAs

Recent unveilings of financial misappropriation relating to diversion of public funds into private accounts, involving the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu attracted wide concern. Order by President Bola Tinubu suspending the minister was a quick action swiftly taken to bring on another layer of insight to the discourse. Corruption has ...

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