On the Spot with Eric Teniola

House of chiefs should be the next (6), by Eric Teniola

This week, we continue  the series on why the House of Chiefs should be considered by the National Assembly.  He was labour officer, Federal Ministry of Labour, Lagos, 1962–1963; lecturer, University of Nigeria, Nsukka, 1963–1965; assistant professor of political science, California, 1969–1971; associate professor of African Studies, University of Maryland, Baltimore, Maryland, USA, 1972–1974; dean […]
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FIIRS- Collector of taxes by force in an era of poverty(2)

ON July 10 this year, Joanna Slater published an article in the Washington Post. In the article, she claimed that “It is a distinction that  no country wants: the place with the most people living in extreme poverty.

The huge debt burden and how we got there (3)

WHEN General Sani Abacha (1943-1998) took over from Chief Ernest Oladeinde Adegunle Shonekan on November 17, 1993, he pegged the official rate at N21 to US$1. In the black market it was running close to N50 per US$1,that is if you can get it to buy. The official rate of N22 per dollar stayed throughout the tenure of General Sanni Abacha.

The huge debt burden and how we got there (2)

ON getting to power on August 28, 1985, General Ibrahim Babangida told the nation that “the last twenty months have not witnessed any significant changes in the national economy.

The huge debt burden and how we got there

NIGERIA’S debt stock increased by 3% from the N21.68 trillion recorded in December 2017 to N22.4 trillion recorded in December 2017 to N22.2 trillion ($73.21 billion) at the end of June 2018.

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