THE Minister of State for Petroleum, Dr. Ibe Kachikwu, informed newsmen in Abuja, on 17 December, 2015, that the Federal Government would focus on price modulation of petroleum products to ensure efficiency and regular supply of products; price modulation, according to the Minister, has nothing to do with the removal or existence of subsidy.

MANY Nigerians live in a bewildering world. They cannot make sense of their circumstances as poverty struts the land like a conquering giant with its Siamese twin, hunger, battling many to submission.

MY first major article on banks was in 1992; when one Mr Jimi Lawal, was the Managing Director of Alpha Merchant Bank. From the quarterly, semi-annual and annual reports of the bank, anyone could be forgiven for thinking that Mr Lawal, who was also a flashy dresser and certainly not conservative, as traditional bankers were, had his own mint for printing the funds his bank was allegedly making. He was not alone.

PRESIDENT Muhammadu Buhari’s plan to borrow $30 billion foreign loan has been unveiled, and will soon be tabled before the National Assembly for approval. If his intention sails through, it will be the single largest loan tranche in the history of Nigeria.

Nigeria last had an Information Ministry when the British ruled us. Thereafter, what we have had is an established Propaganda Unit serving any government in power. Only Buhari can assess that one; and he will base his judgment on whether it has served his own purposes – not ours….