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If only Nigeria knew how Tinubu ended the subsidy regime

By Hon. Rotimi Makinde (Insider’s Account) If only Nigerians understood the challenges that characterised the former petroleum subsidy regime, there would be greater appreciation of the difficult decision taken by President Bola Ahmed Tinubu on May 29, 2023, when he announced the removal of the subsidy. I write from the perspective of someone who had […]
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Surviving economic realities in the new decade

HERACLITUS of Ephesus, a Greek philosopher of the late sixth century, in his famous apothegm said: “The only constant is change”. Literally, whether change is desired or not is inconsequential as it occurs independently; devoid of assents or prior notice. And the earlier people prepared their mind for it, the better as it is inevitable. This is, thus, a clarion demand for reprogramming the minds to adapt as it occurs. Not even resistance deters it, except to be left behind; an unhealthy option.

How religion divides and under-develops Africa by Reno

Yesterday, I saw Nigerian Shiites demonstrating against the United States and President Donald Trump, and I groaned in my spirit. When will Africans become themselves and stop being remote controlled by foreign interests?

Diaspora remittances and future of Nigerian BDCs

Bureaux De Change, BDCs, have for years supported Nigeria’s growth agenda and the Central Bank of Nigeria’s commitment to exchange rate stability. To continue to play these roles creditably, the BDC industry needs improved access to foreign exchange (forex). The Association of Bureaux De Change Operators of Nigeria, ABCON, believes the success of BDCs goes beyond favourable rates but access to multiple streams of forex earnings to deepen the market, keep the naira stable and boost BDCs operations. Making BDCs one of  the channels through which over $25 billion annual Diaspora remittances enter the economy will give depth to forex market and boost BDCs operations.

Nigeria: Nation in dire need of salvation

NIGERIANS are so benevolent that  they will not lift a finger if they are all offered for sale by their leaders. They have had leaders over the years who have not gone that far. General Sani Abacha fits the bill, but he died suddenly, terminating what could have been a wholesale mis-governance, considering the massive looting he was involved in.

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