CBN’s retreat from industry funding intervention
The Central Bank of Nigeria’s (CBN’s) withdrawal from direct intervention funding for manufacturers comes at the worst possible time for an already pressured sector. Instead of moderating the pain from President Bola Tinubu’s harsh economic adjustments, this move risks deepening a credit squeeze that threatens Nigeria’s industrial base. On paper, the decision has one clear […]
Don’t politicise IDPs’ resettlement
WITH the nation getting ready to embrace campaigns and elections in the next few months, some people seem determined to politicise efforts being made to resettle Internally Displaced Persons, IDPs, in the Boko Haram-ravaged North East, especially Borno State.
Tax incentives for mining investors
THE announcement that the Solid Minerals Ministry is proposing tax holidays for investors in the solid minerals sector is not only a step in the right direction, it is also long overdue. In fact, the measure should be extended to other sectors such as the agro-allied areas where rapid growth will generate investment, especially foreign investment and induce job creation.
Keeping Nigerians away from jails abroad
CASES of Nigerians languishing in prisons abroad are on the increase. Latest statistics revealed about 170,000 Nigerian citizens are rotting away in jails all over the world.
Keeping Nigerians away from jails abroad
CASES of Nigerians languishing in prisons abroad are on the increase. Latest statistics revealed about 170,000 Nigerian citizens are rotting away in jails all over the world.
Low capital spending threatens economic recovery
THE announcement early last month by the Federal Minister of Finance that only N350 billion had so far been released to Ministries, Departments and Agencies, MDAs, for capital expenditure is a matter of great concern to us and should, indeed, be to all Nigerians.
