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Editorial
Amidst the vibrant composition of global commerce, Nigeria stands as a nation grappling with formidable challenges that threaten to stifle its economic aspirations. The latest findings from Africa’s Pulse, a prestigious biannual survey conducted by a prominent global lending institution, cast a spotlight on Nigeria’s enduring struggle with exorbitant trade costs. With trade expenses in ...
Editorial
Minimum Wage – the minimum amount of remuneration that an employer is required to pay wage earners for the work performed during a given period – remains a sensitive matter. The purpose of establishing a minimum wage is to protect workers against exploitation, reduce income inequality, alleviate poverty and promote social and economic well-being. In ...
Editorial
It is a goodomen for recent policy introduced by the Central Bank of Nigeria (CBN) against the transaction with foreign currencies. The apex bank has banned the use of foreign currency-denominated collaterals for naira loans. This was contained in a circular dated April 8, 2024 and directed to all banks by CBN’s Acting Director of ...
Editorial
When the Central Bank of Nigeria (CBN) introduced the Point Of Sales(POS) in 2013 in Nigeria, though there was initial skepticism by the citizens of the efficacy of the device, people later embraced it after a series of sensitisations. People did not accept the POS operations wholeheartedly, until the Automated Teller Machine (ATM) and other terminal ...
Editorial
Despite what the 2023 press freedom ranking by Reporters Without Borders (RSF) says of Nigeria, it remains a bog of danger for journalists, who, in pursuit of truth, clash with the political leadership. While the ranking seems to have bumped Nigeria up six places from that of 2022, it undoubtedly reflects little of the experiences ...
Editorial
Just few weeks ago the Nigerian Electricity Regulatory Commission (NERC) announced a substantial increase in electricity tariff for consumers who enjoy power supply for 20-24 hours daily.Speaking at a briefing in Abuja on Friday, Minister of Power, Adebayo Adelabu, said the recent increase in electricity tariff is a pilot in phasing out of electricity subsidy ...
Editorial
On April 3rd, the Nigerian Electricity Regulatory Commission shook the nation with its abrupt decision to terminate subsidies for Band A customers, recipients of 20 hours of daily power supply. Against a grim backdrop of escalating public hardship, exacerbated by governmental actions, the timing of this policy upheaval couldn’t be more contentious. Its ripple effects ...
Editorial
The recent revelations by the Joint Admissions and Matriculation Board (JAMB) regarding the rampant utilisation of counterfeit A-level certificates to secure admissions into higher education institutions in Nigeria serve as a distressing indication of the entrenched issue of academic fraud in the nation. According to JAMB’s findings, an alarming 1,665 fabricated A-level results were unearthed ...
Editorial
Nigerians woke up few days ago, to hear that the National Students Loan Act already passed by the bi-cameral legislature — the Senate and House of Representatives — has been assented to by President Ahmed Bola Tinubu, despite myriad of reservations expressed by groups and other concerned citizens. By the way, what is the import ...
Editorial
Echoes of the woes of the Nigerian economy have remained reverberating, particularly as the biting hardship posed by the removal of subsidy on premium motor spirit (PMS), popularly called petrol, has created conditions which have posed difficult times before Nigerians. Recent resort of the government at different levels to addressing the acute hardship in the ...
Editorial
The beginning appreciation of the Naira against the dollar as a result of the positive policy formulation from the Monetary Policy Meetings (MPC) is a welcome development by the steering team led by the Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso. His tenure, marked by decisive action and strategic foresight, has seen ...
Editorial
Last week, President Bola Ahmed Tinubu demonstrated astute leadership by implementing a temporary restriction on foreign travels for ministers and government officials. This timely move followed revelations of unnecessary expenditure, exemplified by the Office of the Accountant-General of the Federation sponsoring state finance commissioners to a workshop in London. In a directive addressed to ministers, ...
Editorial
At the forefront of safeguarding public health in Nigeria stands the National Agency for Food and Drug Administration and Control (NAFDAC), a pivotal institution tasked with the vital responsibility of regulating a diverse array of consumables and medical products. With a broad mandate, NAFDAC plays a critical role in ensuring the safety and efficacy of ...
Editorial
Indeed, if there is anybody or group of people that deserves commendation and possibly highest national honours award in this country, it is the ordinary struggling Nigerian, who have been beaten and bartered through the years by successive governments, characterised by inept, greedy, selfish, wicked and short sighted leaders. And we believe that there is ...
Editorial
It is no longer news that kidnapping of Nigerians, especially school children by criminal elements has held sway in the country recently. The incident that started like a child’s play, has gathered momentum and developed into a hydra-headed monster. It is on record that this ignoble trade, called kidnapping first surfaced in Warri, Delta State, ...
Editorial
Industrial actions in Nigeria’s public institutions have been one major subject of concern. The issues informing such actions are known to be long concerns left partially or not entirely addressed. Cries by University unions over failure on the part of the government to honour agreements have been inundating with recurring recourse to strike actions. Recently ...
Editorial
The recent incident that happened where two students of Nasarawa State University Keffi (NSUK), died while 17 others sustained various degrees of injuries in a stampede that occurred during the distribution of palliatives in the school is an avoidable tragedy. A glimpse at the short video which has since gone viral showed how thousands of ...
Editorial
In Nigeria’s battle for affordable healthcare, a new adversary has emerged: skyrocketing drug prices. For those already navigating the treacherous waters of health challenges, this surge in costs is more than a mere inconvenience—it’s a dire threat. From antibiotics to anti-diabetic drugs, essential medications have become financial burdens, leaving many Nigerians teetering on the edge ...
Editorial
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Editorial
The latest report by Cadre Harmonise paints a picture of Nigeria’s food security landscape, particularly in the northern regions. With a staggering 31.5 million Nigerians confronting the spectre of hunger this year 2024, urgent and decisive action is imperative to avert a humanitarian catastrophe. Highlighted within the report are the critical months between June and ...
Editorial
Way back in the early 70s and beyond, sports in Nigeria, especially football, has been a grassroots project or phenomenon. Notable sports men and women who held sway during their days include, Obise Nwankpa, Power Mike and even Kiliwi Nwachukwu all rose from the grassroots. Others are Chairman Christian Chukwu, Emmanuel Okala, Segun Odegbami, Best ...
Editorial
Nigeria has far been injured by the blows of profligate spending, which out of context has over time subjected the Country to limitations of capital expenditure. In the long run, the impacts have exposed the country’s weaknesses, leaving the economy with debilitated fabrics. The socio-economic and political effects are no way desirable. While recent outcries ...
Editorial
The National Youth Service Corps since inception during the Military Head of states, General Yakubu Gowon five decades ago has been struggling to put its feet in the digital world in terms of documentations and certifications of Corp members under its scheme. The latest development of embracing modern techniques in store management will assist in ...
Editorial
The recent internet outage that gripped several key African trading blocs, including Ghana, Nigeria, South Africa, Liberia, and Côte d’Ivoire, warrants serious concern. This blackout, occurring amidst preparations for general elections in some of these nations, raises red flags about potential threats to democracy, trade, and continental autonomy. We cannot dismiss the undersea cable disruption ...
Editorial
In the shadow of an alarming surge in kidnappings and the audacious ransom demands that have followed, this period has emerged as a particularly harrowing season for abductees. The disturbing frequency with which kidnappers have brazenly herded scores of our fellow citizens into dense forests, using them as leverage for exorbitant ransoms, has cast a ...
Editorial
It is ridiculous or even mind boggling to note that a nation as big as Nigeria does not have accurate data as to know its actual population,which is a bedrock for proper planning,be it economic, social or even political. This has thrown the country into a mess of speculations, while some people put Nigeria’s population ...
Editorial
Recently, kidnapping in the Country has become a torrent menace. Roving criminality of abduction for ransom has become a chain in the lamentable state of insecurity in the Country. Records have shown how schools have become targets for bandits and perpetrators tagged as “unknown gunmen” to unleash their operations aiming to seize students for ransom. ...
Editorial
The recent surface of the queues cut across filling stations in Abuja, Lagos and other major cities in the country despite the subsidy removal by President Bola Tinubu is surprising as it seems to be a false reality. The negative impacts of this fuel queues has continued to cause physiological trauma to citizens as drivers ...
Editorial
In recent days, Nigeria has witnessed a distressing surge in abductions carried out by Islamic terrorists and bandits. These criminal acts have targeted vulnerable individuals, including women, pupils, and internally displaced persons. The alarming frequency of these incidents calls for an immediate re-evaluation of national security strategies to effectively combat this wave of criminality. The ...
Editorial
It is now of public concern or rather disturbing that Nigeria at sixty three has not started its journey towards industrialisation. Sixty three years down the line, the nation is still grappling with teething problems, such as poor electricity infrastructure, poor road networks, poor housing schemes for its citizens, unemployment, poor health care services etc. ...