PRESIDENT Goodluck Jonathan is providing leadership by words. His prescriptions for surviving the plain and plentiful pain that increasing the price of petrol will cause are examples of how he leads us. Our President is out of touch with Nigerians – it shows.

The hellish experience businessmen and other commuters plying the ever-busy Mile Two – Seme Road go through on daily basis, cannot be blamed on the deathtrap nature of the trans-boarder road alone. The numerous road blocks mounted by security agents on the road, ostensibly to nab…

Chief of Naval Staff, CNS, Vice-Admiral Ola Sa’ad Ibrahim, weekend, in Lagos, said with the expected arrival of a new naval warship, Thunder, next month, the Navy had put in place efforts to check the menace of piracy in the nation’s waterways and protect the western flank.

The 2012 budget contains policies that may on the surface attract adverse or perhaps outright opposition to government. The desire of the President to promote locally made products and grow the economy will certainly set him on a collision path with those who have benefited from the economy through commissions, rents, and corruption.

The Central Bank of Nigeria (CBN) says it will ensure that banks are equipped with sophisticated ICT fraud detectors to check frauds through electronic payment. Mr. Tunde Lemo, the CBN Deputy Governor, Operations, made this known at a seminar on cash-lite economy for banks executives in Lagos.

Some capital market operators last Thursday expressed different views on the likely effects of the 2012 Federal Budget on the capital market. They expressed their views in separate interviews with the News Agencuy of Nigeria (NAN) in Lagos. Alhaji Rasheed Yussuf, the Chairman of Association of Stockbroking Houses of Nigeria (ASHON), said that the budget would lead to market growth if properly implemented.

Three policemen were killed weekend in a bloody clash with members of the Boko Haram Islamic sect at Darmunawa quarters in Kano municipality. Four members of the sect also died in the encounter while 14 of them were arrested with assorted Improvised Explosive Devices and three posh cars recovered.

The Director-General of Debt Management Office (DMO), Dr. Abraham Nwankwo has said that the Federal Government will fund N794 billion of its 2012 budget through domestic debt, even as Nigeria’s total debt stands at about US $40 billion.

The World Bank Supervision Mission of the Nigeria Commercial Agriculture Development Project, CADP and the FADAMA III Project have ranked Lagos State high in the projects implementation across all the components.

Microfinance Banks in Lagos, under the auspices of the National Association of Microfinance Banks, Lagos State Chapter, NAMBLAG, have pledged to undertake a micro-housing project that will see them catering for the housing needs of a vast majority of the low income earners in the society.