Special Report

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Porf. Nnaji’s Resignation : Probe him, Labour insists

Porf. Nnaji’s Resignation : Probe him, Labour insists

Indications emerged at the weekend that more trouble may be in stock for Professor Barth Nnaji, the erstwhile Minister of Power, who left office in a dramatic way last Tuesday as the Nigeria Labour Congress, NLC, is mounting intense pressure for a thorough investigation of his tenure as the Minister of Power.

Makinde: The problem with the police

Makinde: The problem with the police

Prelate, Methodist Church Nigeria, Dr Sunday Ola Makinde, says the police lack adequate attention to confront the current security challenges in the country.

CBN wants to wipe poor people out of  existence  – Bamidele

CBN wants to wipe poor people out of existence – Bamidele

The decision by the Central Bank of Nigeria (CBN) will certainly lead to hyper inflation. From experience, whenever such exercise was embarked upon, items hitherto sold at the price of coins will jump to naira price or currency note because nobody, either seller or buyer wants to transact business with coins. So, if the currency note is two hundred naira (N200), automatically, the price of the least sold item will invariably be sold at two hundred naira.

N5000 note, not our priority  – Alile

N5000 note, not our priority – Alile

Apostle Hayford Alile, the Spiritual Leader of St. Joseph’s Chosen Church of God, (International), is the former Director General of the Nigerian Stock Exchange. He is of the opinion that the N5000 note is not and should not be Nigerians priority. According to him, the CBN research institute is the best institute in the world and it should be handled with care.

Policy formulators should make our currency more valuable   – Leo Godman

Policy formulators should make our currency more valuable – Leo Godman

First and foremost ,I think it is ill advised and the Central Bank of Nigeria has come up with contradicting policies. I say so because we are pushing the cash less society policy already, and it took time for Nigerians to accept the cashless policy and they have adjusted to that and are loving it.

Vanguard Detty December