David Mark, no to state creation, not economical

David Mark, no to state creation, not economical

When on May 27, 1967 General Yakubu Gowon announced the 12- state structure for Nigeria it was to solve a perceived political problem threatening the continued existence of Nigeria as a single entity. It was a political solution to the threat of secession. Gowon was humble enough to point out the economic consequences the nation was faced with if the action was not taken. He had said: “The consequence of these illegal sets has been the increasing deterioration of the Nigerian economy.
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CDMA consolidation vital for competition, says Qubain

CDMA consolidation vital for competition, says Qubain

The Managing Director of Starcomms Plc, Maher Qubain has reasserted his position that consolidation in the CDMA segment of the telecommunications market and a fair playing ground for all networks are vital considerations in the effort for proper development of the telecoms market in the country.

Taye Taiwo and transfer nostalgia

Taye Taiwo and transfer nostalgia

The current issue of the authoritative soccer magazine, 442, Nigeria provides me the subject for my column today.

For those Nigerians whose sports lifes revolve round the European leagues, the off season period is often a nightmare that refuses to go away till early August.

Investors stake N142bn on FGN bonds

Investors stake N142bn on FGN bonds

Investors’ appetite for Federal Government of Nigeria’s, FGN Bonds increased last week, with a significant improvement recorded in trading in the Over-the-Counter, OTC, Bond market, as investors staked N141.688 billion on 157.68 million units of bonds in 1,064 transactions.

Africa – Killing Her Children Through Education

Africa – Killing Her Children Through Education

IN the past week, four incidents in three countries detailed the killing attention African governments give education. We do not believe the cases are isolated. Only their devastating consequences vary from one country to the other.

N120/LITRE PETROL IMMINENT – AGANGA (1)

N120/LITRE PETROL IMMINENT – AGANGA (1)

The Obasanjo, Yar’Adua and Jonathan administrations have all decried what they consider to be the unnecessary and stifling burden placed on the economy by government’s increasing subsidy on the price of petrol. Last week, the Finance Minister, Olusegun Aganga was quoted in an interview he granted in faraway London that the cost of subsidies which touched N1 trillion (N1, 000bn) in 2009 would fall to about N520bn according to CBN estimates.