BARRING other arrangements, Nigeria lost $133.716 million, about N26.743 billion to gas flaring in December 2014, as oil and gas companies in the country flared 20.11 per cent of their total gas production.

Chairman and Chief Executive Officer of AXA Insurance, Mr. Jean-Laurent Granier has said the country’s free and fair election will help to boost the economy of the entire African continent. Though, Grainer said the insurance group does not wish to be political but believed that Nigeria exemplary election has assured the growth of its investment in the country.

As the president-elect, Mohammadu Buhari, gets ready to assemble his economic team so much worries appear in the horizon with the release of the Doing Business 2014 Report showing Nigeria much behind most of the West African economies in many important indices. Doing Business sheds light on how easy or difficult it is for local entrepreneur to open and run a small to medium sized business when complying with relevant regulations.

The Chairman of Discovery Air, Engr. Babatunde Babalola, weekend, said that the regulatory agency, the Nigerian Civil Aviation Authority, NCAA, was wrong to have suspended its Air Operator’s Certificate, AOC, in January this year following the alleged maltreatment of its passengers in December 2014. Rather, the airline said what NCAA ought to have done was to ground its operations pending when the issues were resolved.

Akpan Ekpo, a professor of economics, is Director General, West African Institute for Financial and Economic Management (WAIFEM). He speaks on the need for the incoming Buhari’s administration to jettison neo-liberal economic framework used by the outgoing government.