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 […]
Buhari and PDP: Partners in Progress
Friday last week’s interactive meeting between President Muhammadu Buhari and leaders of the two major political parties, the Peoples Democratic Party, PDP and the ruling All Progressives Congress, APC was a significant milestone in the polity.
Managing the budget cycle for greater efficiency
News that the Budget Office of the Federation and the Federal Ministry of Finance have commenced the processes for preparing the 2018 budget of the Federal Government must have delighted champions of fiscal discipline.
Needless rift between AGF, EFCC boss
The seeming muscle-flexing between Attorney General of the Federation and Minister of Justice,AGF, Abubakar Malami SAN, and Acting Chairman of Economic and Financial Crimes Commission,EFCC, Ibrahim Magu, reflects an absence of coordination in the Federal Government’s prosecution agencies.
Now that Buhari is back
We join millions of well-meaning Nigerians in welcoming President Muhammadu Buhari from his medical vacation in the United Kingdom. It is gratifying that he is back to resume his duties.
MTEF and the 7% target for 2020
The year 2000 was once the magic year when Nigeria was projected to reach most of her developmental goals, but as we have seen, this did not happen. The President Olusegun Obasanjo regime signed the Millennium Development Goals, MDG, but Nigeria failed to meet the targets by its 2015 deadline.
