Boat mishaps: When will they end?
Nigeria must begin to confront boat mishaps as a national public-safety crisis. The latest tragedy at Gorau village in Goronyo Local Government Area of Sokoto State, where 65 people reportedly died, is too grim a reminder of the price Nigerians pay for regulatory failure and government neglect. The tragedy is particularly disturbing because it was […]
Drunks in uniform must be fished out
LAST Sunday’s brutal killing of the Oyesunle twins, Taiwo and Kehinde and their friend, Adesanya Adegoke in Ketu, Lagos by a drunken policeman, Sergeant Stephen James, was another evidence of our scant regard for life.
The desirable forex policy re-jig
PERHAPS the current regime at the Central Bank of Nigeria, CBN, may go down in history as that with the highest turnover of policies, rules, regulations and guidelines in the annals of foreign exchange management in Nigeria so far.
Oil, forex budget benchmark 2016
PRESIDENT Muhammadu Buhari might have made his most important move since assuming office as elected president seven months ago, releasing the 2016 budget, which is expected to actualise his democracy dividend to the electorate.
Looking beyond positive GDP growth rate
THE National Bureau of Statistics (NBS) released its third quarter (Q3) 2015 Gross Domestic Product, (GDP) report recently, which showed that in spite of the macroeconomic challenges faced during the period, the economy grew by 2.8 per cent year-on-year.
Unravelling the arms deals
The Muhammadu Buhari administration has started making good its pledge to probe the big-time financial transactions of the previous administration with the on-going investigation of arms deals between 2007 and May 29 2015. Already, a 13-man committee constituted to examine the transactions has unearthed what it described as large-scale scams totalling N643.817 billion and $2.193 billion after a preliminary inquiry.
