Page 19 of 43
Editorial
The need to attract Foreign Direct Investment (FDI) to boost the Nigerian economy is one important subject of concern in the discourse of revamping the economy from sinking into the mire. Although there have been efforts to attract more Investors into the country’s local production space, it is important to note that such commitment would ...
Editorial
In a much-needed move to address economic deprivation and hunger in Nigeria, President Bola Tinubu has finally given the green light for the full implementation of the long-forgotten Oronsaye report. This report, named after the former Head of Service of the Federation, Mr Stephen Oronsaye, was compiled by the Presidential Committee on the Rationalisation and ...
Editorial
The recent pronouncement made by the Federal Government to recommence the disbursement of direct monetary transfers to the indigent and most susceptible citizens of Nigeria has elicited surprise and curiosity. The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, divulged this strategy during a retreat convened in Uyo, Akwa-Ibom State, articulating that ...
Editorial
Recently, the accumulation of Ways and Means debt incurred by the Federal Government began to generate controversies. Ways and Means is the money that the Central Bank of Nigeria (CBN) lends to the Federal Government in the meantime to augment spending based on the time the revenue is generated. The debt is just one fraction ...
Editorial
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 ...
Editorial
The recent deliberation within the esteemed House of Representatives, pertaining to a bill that seeks to modify the minimum academic prerequisite for individuals aspiring to hold political office, has ignited a profound fascination in the realm of governance in the Federal Republic of Nigeria. The bill, titled “A Bill for an Act to Alter the ...
Editorial
In the midst of growing consensus and demand for state police across Nigeria, it is crucial to address the concerns raised by certain stakeholders regarding the decentralisation of civil security. While there are legitimate fears that state governors may misuse their power to oppress political opponents, leading to conflicts over jurisdiction between federal and state ...
Editorial
It is no longer news that the cost of living in Nigeria has gone beyond an average family, especially foodstuff. There is this common adage that if you build the farmers, you build the nation. But what is happening today in Nigeria simply shows that the farmers in the country are far from being built. ...
Editorial
Insecurity in Nigeria has become an albatross. As the menace of kidnapping, banditry, and terrorism continue to assume more stormy dimensions, the cries for localised security formation have widely become very exterpising as submissions to tackle the problems. In the South-west, such security response as ‘Amotekun’ is an offshoot of submissions for local security response ...
Editorial
Policies and programmes introduced by the Federal Government is one thing that has become the order of the day in each of the governments in this democratic dispensation, but policy implementation is always a bone of contention. The pronouncement by President Bola Tinubu Administration to regulate food price in the market will become another white ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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. ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...
Editorial
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 ...