Jonathan’s “mind your business”caution to governors
Former President Goodluck Jonathan’s warning to governors and political heavyweights who descended on Osun for the August 15 governorship election is worth attention. It is a reminder that Nigeria’s democracy cannot afford to turn off-cycle elections into jamborees for outside political forces. The spectacle was difficult to miss. The All Progressives Congress (APC) constituted a […]
Correcting the flaws in our yam exportation
IN June, the Minister of Agriculture and Rural Development, Mr Audu Ogbe, flagged off with fanfare the first batch of 72 tonnes of yams being exported to Europe and America from the shores of Nigeria. It was another bold step to expand the base of our foreign exchange earning beyond crude oil.
Concession with tax holidays for bad roads
LATEST news on Nigeria’s troubled road infrastructure is the Federal Government’s concession of road projects to the private sector in exchange for tax holidays, and the request by state governments to take over federal roads in their domains.
Unifying multiple biometric identity systems
THE Federal Government’s decision to harmonise the highly proliferated biometric-based identity systems in the country is long over due. Nigeria lacks a centralised national database unlike other countries. Virtually all Federal agencies and private sector operators have their respective biometric data of citizens.
The good in the North-South exchange of visits
THE recent exchange of visits by some Northern and South East leaders has undoubtedly reignited the spirit of brotherhood which reckless acts of some elements in authority and youths in the wider society had sought to break over the Biafra agitation.
CBN’s policy rates and economic recovery
THE outcome of the recent 2017 fifth Monetary Policy Committee, MPC, meeting of the Central Bank of Nigeria, CBN, was not surprising. The Committee voted to leave all policy rates unchanged (by a vote of six to one), with the Monetary Policy Rate, MPR, at 14%, the Cash Reserve Ratio, CRR, at 22.5% and Liquidity Ratio at 30%.
