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 Commission (EFCC) are either being investigated or under prosecution by the EFCC for financial crimes. The senate is now the accuser, prosecutor More...

by Blueprint Newsroom | Published 3 days ago
By Blueprint Newsroom On Tuesday, March 14th, 2017

Foreign Affairs: Between Onyeama and Dabiri-Erewa

American immigration and customs officials are on unbridled ego trip.  President Donald Trump’s executive order on immigration has handed them a blank cheque to intimidate and humiliate foreign visitors. Two More...

By Blueprint Newsroom On Tuesday, March 7th, 2017

Naira’s laborious climb

The naira climbed laboriously in the parallel market last week.   By the beginning of the week, the currency of Africa’s largest economy had appreciated almost by 15 per cent in one week.  It climbed to a record More...

By Blueprint Newsroom On Tuesday, February 28th, 2017
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CBN and naira exchange rate

The naira was Africa’s worst performing currency in 2016. In the closing weeks of February the naira suffered its greatest humiliation in the parallel market as it tumbled to a record low of N520 to the dollar. The More...

By Blueprint Newsroom On Tuesday, February 21st, 2017

DisCos, GenCos’ bitter pill for FG

Electricity distribution companies (DisCos) have handed the Nigeria Electricity Regulatory Commission (NERC) a long list of demands for taking Nigeria out of its eternal darkness.  Probably the most nauseating More...

By Blueprint Newsroom On Tuesday, January 31st, 2017
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Kerosene scarcity and PHRC’s bumper production

The spate of buck-passing over kerosene scarcity and its intolerably high price took a dramatic turn last week with a key stakeholder opening a can of worms in its defence. Bafred Enjugu, the managing director of More...

By Blueprint Newsroom On Tuesday, January 24th, 2017

How Trump’s unruly tongue hiked oil price

Donald Trump, America’s mercurial president, rode the storm into the White House last week.  His inauguration was greeted by unprecedented global protests against the hatred and racial bigotry he preached during More...

By Blueprint Newsroom On Tuesday, January 17th, 2017

Obazee, FRC code and the GOs

Jim Obazee knows accounting like his palm.  His command of the subject gives him a measure of self-confidence that borders on arrogance. Accountants are trained to live with the slogan: “Don’t doubt, but verify”.  More...

By Blueprint Newsroom On Tuesday, January 10th, 2017

The many contradictions of 2017 Appropriation Bill

The 2017 Appropriation Bill is an unprecedented spending plan.  The federal government plans to spend N7.3 trillion in 2017.  Aside from the historic figure, the entire budget estimate is a monstrous caricature More...

By Blueprint Newsroom On Tuesday, January 3rd, 2017

Naira’s crisis of confidence

The naira had its worst outing in 2016. In terms of its value against the U.S. dollar, it was Africa’s least performing currency in 2016.  On one frenzied day in December, the naira traded at N502 to the dollar More...

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