The disclosure by the Director General of World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, that the organisation is worried about Nigeria’s multiple exchange rate regime and how it will affect trade should serve as a wake-up call on Nigeria’s economic managers, particularly the fiscal and monetary policy makers (the Central Bank of Nigeria). Okonjo-Iweala, who expressed the concern while fielding Read More
Media report that the federal government is set to inject over N600 billion as 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 Nanono, Read More
Yesterday, April 7, 2021 was observed by the global community as the World Health Day (WHD) even as the Covid-19 pandemic has not stopped its ravage humanity. The WHD is the flagship on the calendar of the World Health Organisation (WHO). In 1948, the WHO held the First World Health Assembly and decided to celebrate April 7 of each year, Read More
Obviously, flowing from the controversy surrounding the constitutionality and/or legality of the constituency projects of given to members of the National Assembly as well as the corruption to which the funds have been enmeshed, the senate recently passed for second reading a bill seeking to legalise constituency projects and dedicate 20 percent of annual national budgets to such zonal intervention Read More
The tug of war between the MultiChoice (Nigeria) Limited and the Coalition of Northern Groups (CNG) ought not to have gone unnoticed. The CNG is a potent pressure group that is committed to ensuring justice and equity in the nation’s broadcast space, particularly in the North. The group is accusing the MultiChoice, operators of the DSTV and the GOtv, of Read More
The Purchasing Managers’ Index (PMI) for the manufacturing sector released recently by the Statistics Department of the Central Bank of Nigeria (CBN) which stood at 49.4 index points, indicating a reversal of five consecutive months of contraction from May, indeed, portends a good omen for the nation’s economy. The result of the PMI survey showed that the manufacturing PMI for Read More
Christians all over the world are in the Easter mood, beginning from last Friday which was Good Friday, the day Jesus Christ was crucified on the Cross of Calvary where He shed His blood over 2,000 years ago for the atonement of the sins of mankind. The death, resurrection on the third day and ascension of Jesus usually mark the Read More
In less than 24 hours, two pedestrians were crushed to death along the NnamdiAzikiwe Expressway, Abuja, recently. According to eyewitnesses’ accounts, the first tragedy occurred at about 6 pm on Monday, June 15, 2020. An elderly man mistimed the speed of a tipper and zoomed across the expressway. The vehiclethen picked him up and hurled his body into the mid Read More
Recently, the Federal Capital Territory Administration (FCTA) issued a stern warning to traders who are in the habit of turning road shoulders and corridors to platforms to market their wares to desist from the illegal activities. The Ministerial Taskforce on Traffic Management (MTTM) led by Mr. Ikharo Attah, issued the warning on behalf the FCTA while on inspections at the Read More
The recent call by the Northern governors for formal governance roles for traditional rulers, while urging for government’s control and censorship of social media to address insecurity and forestall recurrence of recent breakdown of law and order is quite germane. This is more so considering the fact that traditional rulers are the custodians of cultural heritage which is critical to Read More
On Wednesday, March 24, 2021, the global community commemorated this year’s World Tuberculosis (TB) Day. The day is set aside annually to raise public awareness about the terrifying health, social and economic consequences of the disease and to step up efforts to end the epidemic raving the globe. The date marks the day in 1882 when Dr. Robert Kock announced Read More
Vice-President Yemi Osinbajo’s oft-reiteration that the only way to effectively address the massive infrastructure deficit that the country faces is by Public-Private Partnership (PPP) arrangement in one form or the other could be the panacea for Nigeria’s socio-economic development. Citing statistics from Nigerian Integrated Infrastructure Master Plan (NIIMP) and the Economic Recovery and Growth Plan (ERGP) 2017-2020 to buttress Read More
The Consumer Price Index (CPI) report released recently by the National Bureau of Statistics (NBS) stating that Nigeria’s inflation rate rose by 12.82% (year-on-year) in July, the highest rate recorded in 27 months since March 2018 when headline inflation was 13.34% is indeed alarming. The situation could worsen Nigeria’s poverty rate, thus negating the federal government’s Social Investment Programmes (SIPs), Read More
A new report published by the Carnegie Endowment for International Peace (CEIP), a global foreign-policy think tank, to the effect that a significant percentage of the £30 million contributed annually to the United Kingdom’s education sector by politicians in West Africa come from Nigeria is a cause for concern by the managers of Nigeria’s economy. The situation is not only Read More
Nestle Nigeria Plc, a foremost food and beverages manufacturer in the country, recently re-echoed the danger inherent in iron deficiency among kids under the age of five, citing 68 per cent as the figure of those affected. The danger was sounded by the Corporate Communications and Public Affairs Manager, Victoria Uwadoka, during a courtesy visit to the head office of Read More
An exclusive report published by this newspaper on Tuesday to the effect that in about three months, bandits have serially attacked not less than five schools in both the North-west andNorth-central states of Nigeria, paints a gloomy picture for education not just in these geo-political zones but also in the entire North in particular and the country in general. The Read More
As cases of Gender-Based Violence (GBV) become more rampant in the country, stakeholders have continued to emphasise the need to fight the culture of silence that allows the perpetrators to go free while the victim is left to suffer in painful silence. The stakeholders have continued to emphasise the need for victims to cry out so as to get justice Read More
The disclosure by the Director General of World Trade Organisation (WTO), Dr. Ngozi Okonjo-Iweala, that the organisation is worried about Nigeria’s multiple exchange rate regime and how it will affect trade should serve as a wake-up call on Nigeria’s economic managers, particularly the fiscal and monetary policy makers (the Central Bank of Nigeria). Okonjo-Iweala, who expressed the concern while fielding Read More
Governor Kayode Fayemi of Ekiti state hit the bull’s eye a fortnight ago when he said Nigeria remained underdeveloped and an infant at 60 because of foundational errors and concentration of power in the centre, while calling for devolution of power and fiscal federalism to allow Nigeria attain greatness. Addressing a lecture at the Arewa House at 50 anniversary in Read More
Barely 72 hours after bandits attacked Federal College of Forestry Mechanisation, Afaka, kidnapping 39 students, who are yet to be freed, bandits have struck again, this time in Rema, Birnin Gwari local government of Kaduna state.As the 23 males and 16 females students of Federal College of Forestry Mechanization, Afaka are still in captivity, bandits have attacked LEA Primary School Rema, Read More
Main opposition leader Robert Ssentamu popularly known as Bobi Wine, has been arrested by security forces in Uganda. Bobi Wine had last week called on Ugandans to “rise up peacefully and unarmed” in protest against President Yoweri Museveni, who has ruled the East African country for nearly four decades. He was arrested during the protest when he led members of Read More
Recently, Nigeria joined the global community in marking this year’s International Day of Zero Tolerance for Female Genital Mutilation. Female genital mutilation or FGM is regarded worldwide as a human rights violation, torture and an extreme form of violence and discrimination against girls and women. The victims of this cruelty are girls in their infancy and early teens. Adult women Read More
Although there have been conflicting statistics about the percentage of Nigerians that have access to potable water, the bottom line, however, is that the situation does not portray the country as being committed to the provision of this basic necessity of life. Yet, Nigeria joins the rest of the world yearly in celebrating the World Water Day which is set Read More
The Consumer Price Index (CPI) report released recently by the National Bureau of Statistics (NBS) stating that Nigeria’s inflation rate rose by 12.82% (year-on-year) in July, the highest rate recorded in 27 months since March 2018 when headline inflation was 13.34% is indeed alarming. The situation could worsen Nigeria’s poverty rate, thus negating the federal government’s Social Investment Programmes (SIPs), Read More
The Purchasing Managers’ Index (PMI) for the manufacturing sector released recently by the Statistics Department of the Central Bank of Nigeria (CBN) which stood at 49.4 index points, indicating a reversal of five consecutive months of contraction from May, indeed, portends a good omen for the nation’s economy. The result of the PMI survey showed that the manufacturing PMI for Read More
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