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 […]
Rethinking our 2017 oil benchmarks
It has been almost a decade ago when the Organisation of Petroleum Exporting Countries (OPEC) found itself in a position to influence the global price of crude oil. But, after almost two years of collective suffering as the price of the commodity has languished below $50 per barrel, OPEC decided on a bold but dangerous gamble.
Promises waiting for FG this year
Shortly after the retreat at the Presidential Villa in the middle of this month, the Minister of Finance, Mrs Kemi Adeosun, made some startling announcements which pointed to a deepening recession contrary to the assurances that it will soon be over.
Time to pass the PIB
The economic crisis is Nigeria’s biggest headache today. At the heart of it was the crash in oil revenue, hence, the renewed push for diversification of not only the economy but also the oil industry.
Tackling the recession together
The mood depicted by the Senate on its resumption last week said it all: it is time to put politics and acrimony aside and join forces to get the nation out of this economic recession.
Disregard of human rights and dignity of detainees
A most unpleasant event occurred in an Igbosere Magistrate’s Court in Lagos Island recently, which illustrated the total disregard of the human rights and dignity of detainees and inmates in the custody of the Nigerian law enforcement agencies.
