The recently revised 2020 gross domestic growth projections for the Nigerian economy by the International Monetary Fund (IMF) portends a good omen for a nation that had been bogged down by gloomy economic outlook occasioned by the Covid-19 pandemic and ist consequential drop in oil revenue. In its October World Economic Outlook report released in Washington last week, the IMF Read More
The recent call by Senator Stella Oduah (PDP Anambra North) for the provision of an intervention fund to prevent the trend of perennial flood and mitigation of climate change in the country is quite germane and timely. The advocacy is necessary in view of the devastating effect of perennial flooding across the country, which requires special attention outside the extant Read More
Media report last week to the effect that ticket racketeering has become a booming business among staff of the Nigeria Railway Corporation (NRC), security personnel and individuals at the train stations in Kaduna and Abuja is not only condemnable and reprehensible but also requires urgent action to nip the criminal trend in the bud. According to the report, the situation Read More
The recent statement by the World Bank to the effect that the Central Bank of Nigeria (CBN) must ramp up actions to reduce pressure on the currency market to meet ballooning demand for hard currency in Nigeria is quite instructive. The admonition could be the recipe for shoring up the nation’s currency, the naira, which has been in a free Read More
The recent declaration by the Minister of Mines and Steel Development, Arc Olamilekan Adegbite, that the federal government is committed to diversifying Nigeria’s economy from oil to agriculture and mining could not have come at a better time than now. There is no doubt that Covid-19 pandemic has made it compelling for countries around the world to explore ingenious means Read More
The declaration of Rotimi Akeredolu of the All Progressives Congress (APC), as winner of last Saturday’s Ondo state governorship election by the Independent National Electoral Commission (INEC) further demonstrates the sincerity of purpose and commitment of Nigeria’s chief electoral umpire towards the enthronement of a transparent electoral process in the country. The Returning Officer and the Vice-Chancellor of the University of Ibadan, Read More
Today, the Ondo state electorate are expected to come out en masse to vote for their preferred candidate in one of Nigeria’s off season governorship elections being conducted in the state by the Independent National Electoral Commission (INEC). Given the readiness of INEC, security agencies, the political parties and their candites as well as other stakeholders, the stage is now Read More
The recent concern expressed by the federal government over the visa restrictions imposed by the US on some Nigerian politicians for their alleged involvement in electoral violence during the Kogi and Bayelsa states’ governorship polls could not have come at a better time. Without a doubt, Nigeria and her citizens have enormous contempt and even humiliation from countries that are Read More
Media report last week to the effect that the Independent National Electoral Commission (INEC) has commenced replacing manual voting with automated voting system portends a good omen for the nations evolving democracy. The initiative, besides being the right foot forward towards instiuting free, fair, credible and acceptable elections in the country, will also satisfy the curiousity and clamour for electoral Read More
The recent road crash in Felele, along Lokoja-Abuja highway, involving a 33,000-litre petrol tanker in which no fewer than 30 persons, including five students of Kogi State Polytechnic and three children on their way to nursery class, were killed was indeed a sad development. The tragedy was not only an unfortunate occurrence for Kogi state but also for the entire country which Read More
The disclosure by the Minister of state for Petroleum and Resources, Chief Timipre Sylva, that the federal government would deploy the over ₦1 trillion anticipated revenue generated annually from the removal of petrol subsidy to fund other critical components of the economy is a welcome development. In an interview with journalists in Abuja penultimate week, the minister also revealed that Read More
A report that a group of lawyers from the northern part of Nigeria have formed a parallel body known as New Nigerian Bar Association (NBA) portends a sad development in the evolution of the nation’s judiciary, which is the third and most critical arm of government in a democratic dispensation In a recent statement jointly issued by Mr. Nuhu Ibrahim and Mr. Read More
The latest revelation by the Governor of Borno state, Professor Babagana Zulum, that Boko Haram insurgents are now recruiting children in the state is a cause for concern that should jolt Nigeria’s military hierarchy towards stemming the dangerous tide. Zulum also expressed concern over the challenges faced in camps housing internally displaced persons (IDPs) which requires urgent redress. The Read More
Last Wednesday morning, a tanker loaded with premium motor spirit (PMS) descending from the Okene end of the Felele settlement on the outskirts of Lokoja collided with other vehicles before barreling into pedestrians, school children and roadside shops. By the time the tanker came to a halt, a total of 25 people had lost their lives in the ensuing inferno. Read More
The declaration of the candidate of the Peoples Democratic Party (PDP), Godwin Obaseki, as the winner of last Saturday’s governorship election in Edo state by the Independent National Electoral Commission (INEC) did not come to many as a surprise. This is borne out of the fact that INEC was adequately prepared and committed to a transparent and credible process just Read More
The recent statement credited to former President Olusegun Obasanjo to the effect that Nigeria is fast drifting into a ‘failed and badly divided state’ under President Muhammadu Buhari is, to say the least, unstatesmanly. The statement was done in bad faith, aimed at further compounding the multi-faceted crises and faultlines bedeviling the country, which foundation was laid by the Obasanjo Read More
Recent report to the effect that the immediate past Ambassador of Norway to Nigeria, Jens-Petter Kjemprud, had listed the organisation of two donor conferences that raised $1bn for the development of the North East as one of his achievements in office, is quite remarkable. The gesture is an ample demonstration of good friendliness and mutual diplomatic relationship between the two Read More
The go ahead granted to Nigeria by a London court to appeal a $9bn judgment debt against Process and Industrial Developments (P&ID) is indeed a welcome relief. The judgement is a welcome development, particularly as the country is facing an imminent recession due to monumental revenue losses arising from the novel coronavirus pandemic. The Attorney-General of the Federation and Minister of Justice, Read More
The alarm raised recently by the Nigeria Customs Service (NCS) bordering on the fact that there are Boko Haram terrorist camps in and around the Federal Capital Territory, asking its officers in Abuja to stay alert should not be taken lightly. The matter is quite worrisome owing to the fact that Boko Haram had attacked the FCT on three previous Read More
Recently, the Inspector General of Police (IGP), Mohammed Adamu, issued a well-worn order banning indiscriminate use of sirens on Nigerian roads/highways. The order has been frequently issued but obeyed in the breach over a long period of time that no one takes such measures seriously anymore. Successive Inspectors-General of Police have come raving with anger over the arbitrary use of Read More
Last week’s report to the effect that the Council of State has approved the establishment of a National Centre for the Control of Small Arms and Light Weapons is indeed the right foot forward in the President Muhammadu Buhari government’s quest to curb insecurity in the country. The National Security Adviser (NSA), Major-General Babagana Monguno (rtd), made the disclosure while Read More
The report released recently by the National Bureau of Statistics (NBS) that the total value of inflow of foreign capital into the Nigerian economy in the second quarter of this year crumbled by 77.88 per cent relative to the first quarter is quite worrisome. This is more so considering the fact that the nation’s economy is facing another round of Read More
The report released recently by the National Bureau of Statistics (NBS) that the total value of inflow of foreign capital into the Nigerian economy in the second quarter of this year crumbled by 77.88 per cent relative to the first quarter is quite worrisome. This is more so considering the fact that the nation’s economy is facing another round of Read More
Media reports that the federal government is set to inject over N600 billion as a stimulus response into the agriculture sector is a welcome development. It is, indeed, an inevitable move towards the much touted diversification of the nation’s economy which has been largely dependent on crude oil for over five decades. The Minister of Agriculture and Rural Development, Sabo Read More
Recent report to the effect that about 1251 teachers without requisite teaching qualification may be shown the way out of their job in Nasarawa state is no doubt a mixed grill. The major and foremost implication of the plan, when effected, is that the nation’s already saturated unemployment market will have to accommodate more jobless Nigerians, thus worsening the dire Read More
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