Special Report

Can Agriculture Replace Crude? Experts reveal path to Nigeria’s export revival

By Cynthia Alo For more than five decades, crude oil has remained the dominant pillar of Nigeria’s economy, displacing agriculture from the position it once occupied as the country’s major source of revenue and foreign exchange. However, with the global shift towards cleaner energy and growing concerns over the sustainability of oil dependence, experts are […]
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DISCOs operating PHCN’s billing model

“The introduction of a tariff system driven by market forces ignored the fact that Nigeria’s economy is import dependent and that there would always be of fluctuation of prices arising from the cost of sourcing foreign exchange and other charges that were paid at the port of entry, bribes and other levies which the electricity generation and distribution companies are made to pay before they come up with the final product”.

Reforms to re-jig power sector

In May 1999 when General Olusegun Obasanjo assumed office, the power supply system in the country was in a very terrible state of disrepair and neglect. The generation availability was down to 1,600MW from the installed capacity of 5,876MW.

Searching for light in the dark

IT was afternoon, and the sun beat down with all the anger it could muster. Francis Igbineweka (not real names) held his mobile phone handset against his left ear as he trekked down the street. Beads of sweat formed on his forehead, even as rivulets of the same sweat streamed down the middle of his back.

Gabriel Garcia Marquez: Farewell to the Magic Muse

GONE, the Magic Muse of Aracataca. In a manner similar to his wondrous tales, I can see him levitating towards the skies, a pen in one hand, a trumpet in the other, a rueful smile on his face. For his body is too precious, too imperishable for the grave’s cramping dungeon and its ravenous coven of worms.

Six Times Lucky! Bola-Ajibola and his many close shaves with death

Ajibola had to sell off all his properties for the singular purpose of using the proceeds to establish what has today become the Islamic Movement for Africa, IMA, which gave birth to projects namely, the IMA Nursery and Primary School, IMA Colleges, the Crescent University, Abeokuta and the newly established IMA Hospital, Abeokuta.

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