Editorial

Dangers of state governments bankrolling mass weddings

Kano’s recent announcement that it spent N1.5bn to bankroll mass weddings should prompt national alarm rather than applause. Kano State remains rampant in the worrying roster of northern states – including Kaduna, Sokoto, Zamfara, Katsina and Borno – that have for years organised and financed large-scale nuptial ceremonies. Authorities offer three common rationales: to reduce […]
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We really are not encouraging non-oil exports

THE Federal Government has, for a long time, demonstrated the scriptural allegory of “the right hand not knowing what the left hand is doing”. Perhaps, it has to do with its ponderous, oversizeded nature, which has led many commentators to recommend a serious downsizing or devolution of powers to enable governance run smoothly and produce desirable results.

Borrowing our way out of recession

Every member of the Buhari administration who has spoken about the current recession has assured Nigerians that the recession will end “very soon”. Unfortunately, (typical of government in our climes) no one has defined the time frame meant by very soon – leaving the officials an escape route in the event that nothing happens for a year or more.

Castro: A great revolutionary passes on

Fidel Alejandro Castro Ruz, (more popularly known worldwide as Fidel Castro) who ruled the Republic of Cuba for 47 years, was one of the most outstanding personalities of the 20th Century. On Friday, 25th of November 2016, he passed on at the ripe age of 90, ten years after handing over the mantle of leadership to his younger brother, Raul Castro.

End these budget embarrassments

On Wednesday, November 23, 2016, the Senate once again rejected the Federal Government’s draft budget for 2017. In addition, they condemned the 2017 to 2019 Medium Term Expenditure Framework (MTEF) as well as the Fiscal Strategy Paper (FSP) which accompanied it. Many of the lawmakers were also in support of sending the entire MTEF package back to the Presidency

Awaiting Buhari’s economic recovery blueprint

On Monday, November 21, 2016, the newspapers reported that allocations to the Federal, state and local governments had lost N31.8 billion compared to the September figure. The next day, the National Bureau of Statistics (NBS) disclosed that the economy had shrunk by 2.24 per cent in the third quarter, worse than the second quarter.

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