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Naira Vs Dollar: Have We Missed The Point?
By Eleanya K. Nduka
friend asked me to analyze the state of the Nigerian economy as an
economist. Initially I told him off because I'm only a spectator.
However, after much contemplation, I decided to write an impromptu
essay. From the look of things, it seems the economy is headed
towards that of Greece. But what is the problem?
Nigerians are Contented with Little.
By Owei Lakemfa
After many years
of having faith in private schools and paying exorbitant fees, what persuaded
parents to become such proselytes? First in a number of schools, the El-Rufai
administration took back school lands and restored their environmental sanity.
Then it began the renovation of schools, bought new furniture and embarked on
the recruitment of teachers irrespective of their state of origin. Finally, it
sealed the fate of many private schools by introducing free feeding in public
A Review of the 2016 FGN
Budget and Recommendations for Improvement: Part 1.
By Dr. Emmanuel Ojameruaye
first criticism is that the Budget does not reflect the “Change” mantra or
slogan of the Buhari’s administration. Although it is tagged “The Budget of
Change” many analysts contend that there is very little manifestation of
“change” in the Budget. They say that it is almost déjà vu all over, i.e.
business as usual. For instance, there is inadequate attention given to the
anticorruption campaign in the President’s speech
Spend Dollar & Pounds
Hate Buru Job.
Farouk Martins Aresa
Well, nobody forced Africans to change tastes to
conform to foreign food and goods enabling Bureau De Change. They are proving to
the whole world that they are “civilized”. In the same way, only a greedy fool
would fall for a scam that that millions of dollars is waiting for him in some
poverty stricken country or even relatively potentially resource rich country in
Bishop Kukah: One Letter Too Many.
By Adamu Tilde
I earlier mentioned, there’s more to this animosity. It is
historical and has always been the rallying-point of appeal to the
sentiment of ‘the psychology of minority’ (my apologies, Semiu). I
have no problem with what Bishop Kukah believes to be History. I am
worried because of Bishop’s
of historical facts or evading them, as the case may be, or being
economical with the truth, casting aspersions here and there, all of
which smack of snobbery, mischief and utter malice.
Tribute To The Nigerian Military. By Max Gbanite
The Nigerian Military has participated in
several if not all peace-support efforts in troubled parts of the world
under the auspices of the United Nations; and is the backbone of the
Economic Community of West African States force, code named ECOMOG. It
acted as the main trajectory force supported by other West African
forces in ending the hostilities in Liberia and Sierra Leone
(1985-1999). The Nigerian Military is one of the best ranked (in terms
of structural and tactical discipline) armed forces in the world. On the
international scene, they have performed creditably.
Biafra Cannot Stand. By
Farouk Martins Aresa
It must be
started that Igbo are not the only ones that want to leave Nigeria,
there is a general agreement that most Nigerians are tired and do not
care if the Igbo leave. The Hausa were lured into Nigeria with
conditions and the Yoruba are just sick of labels for making Nigeria
work. Even more important are the various ethnic groups that may not be
as big as the three behemoths but whose interests are just as important
as each of the ethnic groups. Details
Grasping Our Incredulous State Budgets. By
Oseloka H. Obaze
It’s hardly rhetorical to ask if
there’s something egregiously faulty in the way we fashion our
budgets. The broader fault line lies in our overall policymaking
methods. Though we prefer envelope budgets over revenue-driven,
project-driven and zero-based budgets, our nature of governance and
politics continue to compel short-term thinking and planning.Details
Lagos and the ‘Lagoon’ Challenge: Confronting the Native/Settler
discourse. By Raheem Oluwafunminiyi
return, the Igbo, wounded, deprived and feeling battered, abandoned all forms of
political alignments and pursued economic power instead. In actual fact,
politics in Lagos for the Igbo was consigned to holding political posts in towns
and market unions or associations. Lagos politics from this period was left for
the Yoruba elements in the state not until the return of democracy in Nigeria.
By this time, the Igbo population in Lagos had soared and was made up of about
30 per cent of the state’s population. The influence of the Igbo in Lagos
economically was widening such that the Lagos state governor at the time,
appreciating this number and influence, picked an Igbo commissioner in his
cabinet who it was said became one of the most powerful men in that government.
Do We Really Need the Senate?
By Muhammad Al-Ghazali
We must not condone the situation where members of
NASS Committees feast on the MDAs like locusts thereby compromising
their integrity and the quality of their oversight function. Our
economy can no longer sustain legislators who are among the highest
paid in the world. Why must a developing economy such as ours retain
a wasteful bicameral legislature with overlapping functions in any
instances? Clearly it is a luxury our current predicament has
already called into question.
Cash And Carry Bureaucrats Guzzled Foreign Income Dry. By Farouk
Indeed, our foreign exchange allocation is abused by a few powerful
people with unrestrained access, most of whom do round tripping. If
you have ever wondered where those Bureau Du Change traders got so
much local currency no matter how much hard currency you give, they
are supplied by the mighty oppressors that got it as entitlements
and fake contracts. They then turn around and buy dollars and pounds
in naira at Central Bank rate. Easy way to profit, err!
Winning the War Against Corruption In Nigeria Through
The Promotion Of Our Ethical Values. By Ugboja
What are the major problems facing our country? How
do we know the ways defining the problem, identifying the problem,
and generalizing possible solutions? As years go by, steadily, it
becomes a challenge to empathize and integrate faced experiences of
the country into our repertoire of what we thought we already knew
about the nation.
Managing the Modulation of Petroleum Product Prices
in Nigeria. By Dr. Emmanuel Ojameruaye
long as the price of crude oil and import prices of petroleum
products remain low (at less than about N65 per litre) and the naira
exchange rate remains stable at about N200 to 1US$, the modulated
price of PMS can remain at N86.5 per litre and there will be no