A RENOWNED political economist and one-time presidential aspirant, Prof. Pat Utomi, has rejected the recent classification of Indigenous People of Biafra, IPOB, by Nigerian government as a terrorist organisation, saying the Nnamdi Kanu group might be a nuisance, but they are not a terrorist organisation.

In 2016, the 22nd Nigerian Economic Summit provided a timely opportunity for a national economic review during the country’s worst recession in decades, while at the same time setting the “Made in Nigeria” agenda within the context of economic diversification and restructuring. For the most part, the Summit created a consensus amongst all Nigerians on […]

Ibadan—fear that Governor Abiola Ajimobi of Oyo State may use his executive powers to depose the Olubadan of Ibadanland, His Imperial Majesty, Oba Saliu Adetunji, in the on-going controversy over installation of new kings, has prompted Ibadan youths to call on President Muhammadu Buhari to prevail on the governor not to make any pronouncement that could further rupture the peace of the city.

The Director General of Voice of Nigeria, VON, Osita Okechukwu, has assured Nigerians that President Muhammadu Buhari will not disappoint Nigerians in the dispute between the Minister of State for Petroleum Resources, Dr. Ibe Kackikwu, and the Nigeria National Petroleum Corporation, NNPC, Group Managing Director, Dr. Maikanti Baru.

National debt is an emotive issue as well as an economic one. The thought of saddling future generations with unserviceable debt, is not conscionable and certainly not part of the President Muhammadu Buhari-led-administration’s agenda. It is therefore, worthy of an intervention on my part to explain the history, the short-term strategy and the medium to long term outlook for our economy.

UYO—RESIDENTS of Akwa Ibom State were, weekend, gripped with apprehension after the state government announced the outbreak of the dreaded Monkey Pox disease in the state, making it the third state in the Niger Delta region, following earlier reports of outbreak in Bayelsa and Rivers states.

ABUJA—Nigerian Gas Processing and Transportation Company Limited, NGPTC, one of the subsidiaries of the Nigerian National Petroleum Corporation, NNPC, has announced a 16.8 increase in its profit before tax from N20.9 billion in 2015 to N24.4 billion as at December 31, 2016.

I was a follower of Dr. Nnamdi Azikiwe. I don’t agree with people who say that things are bad or that things went wrong. Azikiwe, Chief Obafemi Awolowo and the Sardauna of Sokoto, Alhaji Ahmadu Bello, fought the British for Nigeria’s independence; they were more patient than we are.

The issue is that of multiple taxation on individual investors is worrisome because whenever a company declares dividend, before it gets to you, they will deduct 10 percent withholding tax and this is after the government must have taxed the company’s profit. If a company makes profit of N10 billion and declares a dividend.

Central Bank of Nigeria has developed policies from the microfinance policy, especially around mobile money, agent network, non-interest banking, among others. We have developed policies across the board, including the National Financial Inclusion policy extensively worked on with the CBN. Some of the service providers have concluded that the low income earners have some form of income, but do not want to use it in the formal financial space.

In a bid to win the forthcoming November 18th gubernatorial election in Anambra state, opposition party leaders in the state have alleged that governor Willie Obiano built 35 roads project at Aguleri his ‘home town’ which the National Coordinator Media Warriors Forum, Evang Chinedu Obigwe, Sunday refuted the allegation and cautioned those behind the false publication to stop concocting lies against the loved governor.

Well, land acquisitions had been at the forefront. To acquire massive land to produce sugar in commercial quantity is a major challenge. I would give you examples of states where we have gone and spent two to three years just to acquire land. When you are talking of acquiring 20-30, 000 hectares of land, you will see that you are encroaching into several communities and what one community likes doesn’t agree with what other communities like.

APPARENTLY disturbed by the deliberate refusal of acting Chairman of Economic and Financial Crimes Commission, EFCC, Ibrahim Magu and other agencies of government to obey summons, the House of Representatives Committee on Public Petitions, yesterday, vowed to apply the mechanism of the law to make them appear.

THE leadership of the All Progressives Congress, APC will find it difficult to convince Nigerians that it is fighting corruption and should be removed given the fact that the party’s officials are promoters of corruption, the Chairman of the Presidential Committee on Anti-Corruption, Professor Itse Sagay, has said.