The debt burden of 2017 budget

The 2017 Appropriation Bill has finally lumbered its way out of the National Assembly. The National Assembly padded the bill with N143 billion. Out of the padded N143 billion, the lawmakers appropriated N10 billion to their arm of government. The federal government would spend N7.44 trillion for its services in 2017 if the president eventually appends More...

by Muhammed Adamu | Published 2 days ago
By Muhammed Adamu On Tuesday, May 16th, 2017
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GenCos and DisCos: Time to wield the stick

Two weeks ago, the minister of power, works and housing, Mr. Babatunde Fashola held the monthly ministerial meeting with operators of the power sector in Jos, Plateau State. Developments at the meeting paint a frightening More...

By Muhammed Adamu On Tuesday, May 9th, 2017
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NNPC’s 2019 deadline for ending fuel imports

The Nigerian National Petroleum Corporation (NNPC) is very sure of beating its 2019 deadline for ending the importation of petrol. It drums the message into the ears of whoever cares to listen. At the sidelines More...

By Muhammed Adamu On Tuesday, May 2nd, 2017
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Naira exchange rate: CBN’s one-handed war

The Central Bank of Nigeria (CBN) is doing a fierce, but one-handed battle to stabilize the naira.  Since February, the CBN has pumped well over $2 billion into the market to halt the naira’s journey down the More...

By Muhammed Adamu On Tuesday, April 25th, 2017
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Power supply: Facts behind APGC’s figures

The guns in the Niger Delta have been silent in the last four months.  The militants who took up arms to protest Nigeria’s skewed income distribution system that has impoverished the region that accounts for More...

By Muhammed Adamu On Tuesday, April 18th, 2017
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Whistle-blowers: Treasury looters dilemma

“If the amount of money stolen from Nigeria in the last 30 years was stolen from the UK, the UK would cease to exist”.  Those were the words of David Cameron, the immediate past prime minister of Britain.  More...

By Blueprint Newsroom On Tuesday, April 11th, 2017
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Abia state first lady Vs the village headmistress

Two weeks ago, the Punch newspaper published a story that catalogued the cruelty of those in position of authority. Ironically, no one seems to bother about the sad incident. Mrs. Nkechi Ikpeazu, Abia State fi rst More...

By Muhammed Adamu On Tuesday, April 4th, 2017
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Ali’s starchiness and Jemibewon’s bizarre analogy

David Jemibewon recently portrayed a rather puerile sense of analogy by implicitly comparing his former position as minister of police affairs to that of the comptroller- general of customs and concluding that he More...

By Blueprint Newsroom On Tuesday, March 28th, 2017
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Forex dealers’ woes

Th e hissing and gnashing of teeth in Nigeria’s foreign exchange market has shifted from the regulators and endusers to the operators of the market. Th e tacticians at the exchange rate war room of the Central More...

By Muhammed Adamu On Tuesday, March 21st, 2017
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Magu before the Sanhedrin

The federal government has handed Ibrahim Magu over for trial by the men and women he is either investigating or prosecuting.  Some of the senators drilling the acting chairman of the Economic and Financial Crimes More...