BEFORE Nigeria became independent, the British colonial masters organised a series of conferences in Ibadan and London to enable the elites of the various regions and socio-cultural divides to negotiate and agree on the terms of their future cohabitation. Since independence in 1960, there have been series of conferences, some of which ended with new constitutional proposals or documents.

I want to start by thanking you for granting us audience despite your tight schedules. We are indeed very grateful. Now, as council members of Kadccima, we appreciate your organization’s contributions in the socioeconomic growth and development of our dear country. We also commend your medium for your objectivity and fairness in reporting. As you are aware, our coming here today is to thank you and your management for the support you have been giving us as a chamber and all our activities, particularly the annual international trade fair.

This admission by a captain of industry confirms the essential suspicion about the quality of education in Africa’s second largest economy. Tangentially, it’s gestures towards the problems of massive unemployment, brain-drain, and manpower shortages that continue to cripple domestic efforts to achieve rapidly sustainable growth. For qualified youth looking for a job, it also explains the prolonged and intensive pre-recruitment tests that Nigerian corporate houses insist on before jarring local talent.

Nigerian Banks are projected to suffer more from another devaluation should the CBN concede to pressure to devalue the naira. The banks will suffer asset erosion, reduced income from foreign exchange transaction and loan default from customers. This is the summary of a study conducted by Renaissance Capital on banks operating in the country.

Lagos—11 years after he murdered his victim, Chinwe Ofomatu in a robbery incident in Festac area of Lagos State, the Supreme Court, at the weekend, confirmed a death sentence passed on one Nonso Okeke.