“Devolution of power ’ll engender devt”

“Devolution of power ’ll engender devt”

By Demola Akinyemi Ilorin — A legal icon, Mallam Yusuf Ali (SAN), has canvassed devolution of power which he noted was important for the development of the country, explaining that it would smoothen administration of government at all the component units. He particularly noted that the devolution should encompass fiscal revenue to enable all tiers […]
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Vanguard Conference on football

Vanguard Conference on football

Wednesday, I was a member of a panel put together by Vanguard Newspapers to discuss the way forward for Nigeria football.

Abia revenue board officials arrested for alleged fraud

Abia revenue board officials arrested for alleged fraud

By  Anayo Okoli Umuahia—ABIA State Government says it has arrested some staff of the Board of Internal Revenue (BIR) for fraudulent activities in connection with the diversion of government revenue. The government also said that it recovered some incriminating documents from the suspects. The suspects were said to have engaged the services of touts,  who […]

‘INEC not responsible for APGA crisis’

‘INEC not responsible for APGA crisis’

The seeming intractable leadership crisis rocking the All Progressives Grand Alliance (APGA) may soon be  resolved if feelers from the Independent National Electoral Commission (INEC) are anything to go by. An INEC source, who pleaded anonymity, disclosed  yesterday that the Commission had reached out to all the parties in the crisis with the hope of […]

No bail out for Micro finance banks

No bail out for Micro finance banks

The Central Bank of Nigeria (CBN) has ruled out the possibility of injecting bailout funds into distressed microfinance banks. The apex bank has also commenced target examination of the banks to ascertain their financial health.

The putrid mess also in cbn! (4)

The putrid mess also in cbn! (4)

This week, we will conclude the series of articles on “The Putrid Mess Also in CBN!” with an examination of the misguided application of the Central Bank’s instruments of control, and wonder why these wrongheaded policy measures were not subjected to the simple test of whether or not they were in conformity with commonsense!