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Editorial

60% entourage cut: State governors must follow Tinubu’s example

Nigeria continues to face challenges of good governance. The shortfalls in infrastructure deficits have recorded debt of backward push for the economy and the gross impact on development have been catastrophic. Recently, the push for capital projects to revamp the economy from the mire of dwindling fortune has been challenged greatly by revenue shortfalls. It ...

Governors, Senators queue behind Tinubu’s trip slashes

Tackling certificate racketeering: The need for more comprehensive approach

UBEC Grants: A vital tool for improving Nigeria’s education system

President Tinubu’s New Year speech and prospects contained therein

Brain Drain: Exodus of Nigerian health professionals now an emergency

2024 Budget: A government versus its people

The President, Bola Ahmed Tinubu recently signed the N28.78 trillion 2024 Budget into law at the State House, Abuja after it had been passed by the National Assembly on Saturday. The ceremony was witnessed by the President of the Senate, Senator Godswill Akpabio, and the Speaker of the House of Representatives, Hon Tajudeen Abbas. The ...

The mirage of fiscal renewal in Nigeria’s 2024 budget

The unveiling of Nigeria’s 2024 budget by President Bola Tinubu was anticipated with a mix of hope and skepticism. The hope was that the new administration would pivot from the fiscal imprudence that has characterised the nation’s budgeting for decades. The skepticism stemmed from a history of unfulfilled promises and economic plans that have often ...

A fresh start: Welcoming 2024 with hope and optimism

As the much-anticipated year of 2024 begins, the atmosphere is filled with hope and excitement. The phrase “Happy New Year” resonates in every corner of the country, symbolizing the collective desire for a brighter future. The previous year, 2023, was marred by numerous challenges, making it a year to forget. However, with President Tinubu, there ...

After NNPC Ltd announcement of Port Harcourt refinery’s resumption of operations, what next?

For decades Nigeria has been besetted by importation of petroleum products, occasioned by non-functionality of our local refineries, thereby throwing the nation into untold hardship. The ordeal has been like that of rat race, where heaps of promises by the Federal Government via Nigerian National Petroleum Company (NNPC) now limited never materialised. But thank God ...

Government must resist storms of insecurity

Jihadist conflict has raged in northeastern Nigeria since 2009, killing tens of thousands of people and displacing over two million. Another expression called banditry has left a gory record much recently. It appears the network has generated branches of instabilities which have made the subject of insecurity in the Country a complex trouble. Recently, a ...

Another Naira scarcity: CBN should take urgent proactive measures

Again, Nigerians have begun to wail over the unavailability of their country’s legal tender. The naira, other than its free fall against the dollar, has again yielded to absence. PoS operators have hiked charges for this reason by a hundred percent in most parts of the country. The Central Bank of Nigeria has insinuated that ...

The potential link between counterfeit products and organised crime networks

The recent incursion conducted by the National Agency for Food and Drug Administration and Control (NAFDAC) upon establishments that have been transformed into makeshift factories for the production of adulterated alcoholic beverages and food items in Aba, Abia State, brings to the forefront the persisting predicament of counterfeits and unregistered commodities in Nigeria. This matter ...

Post-IPPIS era: The way forward for ASUU

The Academic Staff Union of Universities (ASUU’s) protracted running battle with the Federal Government of Nigeria seems to have been over for now, with the recent removal of ASUU members from the contentious Integrated Payroll and Personnel Information System (IPPIS). Kudos to the President Ahmed Bola Tinubu-led administration who recently ordered that the academic staff, ...

N75bn loans to MSMEs: Leaving beneficiaries without monitoring poses risk of bad loans

After much resistance greeted the discontinuation of subsidy payment on premium motor spirit (PMS) by the present administration, President Bola Tinubu had in response to outcries that greeted the development announced palliative measures. The development had posed strains to businesses with small enterprises being threatened with the new realities. Holding the larger part of contributions ...

The masquerade surrounding Naira scarcity

The recent announcement by the Supreme Court on extending the validity of both the old and the new Nara notes as legal tender until further noticewas a good omen to Nigerians which brought a kind of relief to the agonies the masses encountered after the previous ban by the Central Bank of Nigeria (CBN) few ...

The need for improved intelligence gathering to prevent kidnappings in Abuja

The recent abduction of over 23 residents in Dei-Dei town, situated off the Kubwa-Zuba Road in the Federal Capital Territory (FCT), is a stark reminder of the escalating wave of mass kidnappings in Abuja. This unfortunate incident unfolded in three housing estates in the area, bringing to the fore the disconcerting reality that kidnappings, often ...

The urgent need for stricter enforcement to combat illegal mining in Nigeria

Illegal mining activities in Nigeria have been a major concern for the government and citizens alike. The consequences of illegal mining go beyond financial losses, as it also fuels criminal activities such as banditry, terrorism, and kidnapping. The recent acknowledgment by Minister of Solid Minerals, Dele Alake that influential individuals are involved in illegal mining ...

Rivers State political crisis and the need to ensure lasting solution

No matter whose side one falls regarding the current political crisis in Rivers State, it is crystal clear that all is not well. The brouhaha was actually started by the ill-fated and ill conceived abortive impeachment attempt on a barely 6-month executive sitting Governor of the State by a section of the House of Assembly allegedly ...

Harnessing research findings of our academics to enhance industrialisation in Nigeria

Universities all over the world serve as citadel of knowledge. No nation can develop or industrialise without the input of the academics that make up its university community. The primary duties of an academic is teaching,research and community service. But chief among the functions is research and ironically this all-important function is often relegated to ...

Debt trap: Nigeria at risk, caution must be applied to borrowings

Nigeria’s debt profile has continuously put fears of risk of sliding into debt trap. Again, President Bola Tinubu has written to the Senate seeking the approval of a fresh sum of $8.7billion and £100 million approved under former President Muhammadu Buhari. According to the President, the past administration approved a 2022-2024 borrowing plan by the ...

Kyari’s reappointment good omen to stabilise fuel supply during yuletide

Prior to the yuletide season in few weeks today, the reappointment of the Group Chief Executive Officer of Nigerian National Petroleum Company Limited (NNPCL), Mele Kyari will change the narrative from the usual artificial scarcity of the Premium Motor Spirit (PMS) popularly known as Petrol as a result of the familiarity of the GCEO in ...

Endless burn: Why Nigeria must act now to stop gas flaring

The recent revelation that Nigeria has lost a staggering $16 trillion to gas flaring over the past decade highlights the country’s prevailing culture of waste and institutional failures. Despite a national program decreeing an end to this practice, oil-producing companies have continued to burn off natural gas during oil extraction and processing, resulting in wasted ...

Innovative farming: Building resilience in Nigeria’s food systems

Nigeria is teetering on the edge of a severe food crisis, a situation that demands immediate attention and action.The latest report from Cadre Harmonise (CH) paints a distressing picture: an estimated 26.5 million Nigerians, spread across 26 states, face the threat of significant food shortages from June to August 2024. This alarming projection was ...

Effective coordination of Startup engagement portal critical to Nigeria Start-Up Act

Assertions that small businesses remain the bedrock of a growing economy as Nigeria have been justified on various grounds. These businesses amount to over 70 percent of the nation’s Gross Domestic Products (GDP) is one fact that has been used on major grounds to justify the postulation. This, having found ground of reliability, has informed ...

When will MPC meeting hold again?

The intricacies surrounding the holding of the Monetary Policy Committee (MPC) by the central Bank of Nigeria (CBN) should be clearly spelt out before the Economic stakeholders considering the fact the meeting has been suspended for four consecutive times now. The primary functions of the monetary policy committee are to maintain a balance in the ...

Building collapses in Lagos: A crisis that requires collaborative solutions

Lagos has been plagued by a disturbing trend — building collapses. This issue has reached alarming proportions, posing a significant threat to the safety and well-being of its residents. The recent incident in Oloto street, Borno way, Ebute Metta, where an elderly woman lost her life, serves as a grim reminder of the urgent need ...

Unaffordable Academia: The harsh reality of Nigeria’s tuition hikes

In Nigeria, the predicament faced by students in higher institutions has escalated to a critical juncture, characterised by a combination of persistent strikes, crumbling infrastructure, and now, the formidable obstacle of exorbitant tuition fee hikes. Renowned institutions like the Tai Solarin University of Education, the University of Lagos, and Obafemi Awolowo University, Federal Polytechnicnic, Ilaro, ...

Appraising the recent off-cycle elections in Nigeria

The country witnessed another round of polls in Imo, Bayelsa and Kogi States in what has been generally referred to as off-cycle election. Though political watchers and pundits described the off-cycle election as abnormal, it appears that has become the feature of elections in Nigeria not the bug. Apart from Imo, Bayelsa and Kogi States, ...

Rising inflation: Tinubu’s Govt cannot afford to gamble with Nigeria’s economy

It has become indisputable that the economy is biting hard on Nigerians, as indices to measure standard of living continue to reflect the negative. Strains in the economy have, in about a decade, seen the economy posing difficult sides to Nigerians. Recession since 2016 had recorded a wobble that brought the economy into shambles of ...

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