Editorial

Super Falcons’ flop: Time to rebuild our football

The Super Falcons’ quarter-final exit from the 2026 Women’s Africa Cup of Nations in Morocco is more than another painful sporting disappointment. It should be the moment Nigeria finally confronts the deep weaknesses in its football system and begin the difficult task of rebuilding. Nigeria’s 1-0 defeat by Cameroon ended the Falcons’ defence of their […]
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Buhari’s first 100 days

The first one hundred days have just passed since President Muhammadu Buhari assumed office to run the affairs of the country for the next four years. Even though Presidency and All Progressives Congress (APC) sources have played down the first hundred days as a period to take a measure of their new administration, we believe that a journey of a thousand miles starts with a step in the right direction to reach the destination on schedule.

Sanitising NNPC’s oil swap regime

THE Nigerian National Petroleum Corporation (NNPC) recently cancelled crude oil swap contracts and Offshore Processing Contracts, which it entered into with traders under the previous administration of President Goodluck Jonathan. The Corporation in a statement also announced new measures aimed at cost reduction and strengthening of operational efficiency across its value chain

Idle dollars outside the economy

For over five weeks now the Nigerian foreign exchange system has been on drama sketch. It is unbelievable that at a time of harsh economic circumstances manifesting in the form of sharp decline in foreign exchange earnings from oil revenue, soaring inflation and interest rates, a slump in gross domestic products (GDP), rising unemployment, mounting salary arrears amongst many economic woes, the banking industry is complaining of excess dollar cash up to US$5 billion (approximately N1 trillion) either stuck in some people’s hands or lying idle in bank vaults as a result of a foreign exchange directive.

Protesters’ blockage of highways

IT has become an alarming trend that protesters have now found the nation’s major automotive expressways as the best places to take their grievances to.

Adequate care for displaced persons

Wednesday, August 19, 2015, Nigeria joined the rest of the global community to mark World Humanitarian Day. For obvious reasons, the country readily identified with the celebration which had as its theme, Inspiring the World’s Humanity. Apart from the fact that Nigeria is a major contributor to global humanitarian causes, the country is said to currently harbour some 3.3 million internally displaced persons, which is considered the third highest in the world.

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