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Island Club relives 1948 in 2017

Island Club relives 1948 in 2017

Almost in unison, the demand by the citizens crying for restructuring is that we should return to the pattern of division of power and functions that prevailed between the Federal Government and the Regions from the 1950s to January 1966. This aspect of restructuring has, in this debate, become conceivably the easy task in the process of restructuring

15 years of talking to the deaf

15 years of talking to the deaf

Tomorrow, August 22, 2017, will make 15 years, since the advocacy, ceaselessly canvassed in this column, for a payments reform, that would regenerate and rapidly propel inclusive economic growth, was presented to government.

Thinking Nigeria

Thinking Nigeria

A wise man is he who imbibes the wisdom of other people; Nigerian leaders need to imbibe the wisdom of other leaders and steer the country from the rough seas of insecurity, incompetence, parochialism and want, to the calm harbor of inclusive development

FG refinances debt and adds more loans

FG refinances debt and adds more loans

THE recent announcement by the Federal Minister of Finance of the government’s decision to refinance the country’s debt by borrowing dollars at seven per cent instead of locally at between 13 and 18.5 per cent would have been commendable if it was not just a mere paper exercise which would still not reduce the quantum of debt the country is owing. On paper it would reduce the cost of borrowing, but at maturity it would require the country to source for dollars to repay.