Naira in tatters!  ‘Buhari must act now or lose control completely’

Naira in tatters! ‘Buhari must act now or lose control completely’

The Federal Government of Nigeria is doing a wonderful job fighting corruption. The last time this monster was tackled, head-on in this country, was in 1984, by the same Head of State Buhari. Then as now, the price of crude oil created the havoc. Then, as now, there were discordant views about whether or not the government should devalue the currency or not. Those on the left wing of Nigerian politics, the Nigerian Labour Congress and socialists who arrogated to themselves the love of the masses, were against devaluation of the currency.
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$2.1 BN ARMS DEAL: Jonathan’s ADC adamant on N10bn cash disbursement

$2.1 BN ARMS DEAL: Jonathan’s ADC adamant on N10bn cash disbursement

Efforts by the Economic and Financial Crimes Commission (EFCC) to extract information from Ojogbame Adegbe the aide-de-camp to former President Goodluck Jonathan, relating to the N10 billion allegedly moved from the Office of the National Security Adviser for political purposes, may have met a brickwall.

Forex crisis: Exchange rate now N400/ USD1 in parallel market

Forex crisis: Exchange rate now N400/ USD1 in parallel market

In what is becoming increasingly clearer, a cocktail of bad choices, incoherent policies made worse by instability in the markets, as well as a fastidious clinging to antiquated ideas, the fate of the Naira hangs in the balance as it continues its downward slide. This report will show why the Muhammadu Buhari administration’s misplaced belief that hope is best served for dinner, at a time when there may be no one at the table because the prognoses for the Naira and the economy, do not inspire confidence and growth.

ACF to MASSOB: Your agitations are short on logic

ACF to MASSOB: Your agitations are short on logic

ENUGU – The Chairman of Arewa Consultative Forum, ACF, and former Inspector General of Police, Ibrahim Coomassie, has said that agitations for a new Republic of Biafra by Igbo youths were based on “long emotions,” which were “short on logic.”

BEN-BRUCE@60: Nigerians urged to embrace patriotism

BEN-BRUCE@60: Nigerians urged to embrace patriotism

THE 60th birthday of the senator representing Bayelsa East in the Senate, Sen Ben Muray-Bruce, was a platform to task Nigerians on the imperative of patriotism to resolve the challenges bedeviling the country.