AT the time of writing this article, the President of Nigeria is on a visit to London advertised as “private”. Legally, Buhari is entitled to private visits to anywhere on earth; he might even go to the moon or planet Mars; I would have been the first to applaud the landing of a Nigerian President on Jupiter for a private visit.

Africa’s huge economic growth potential can be harnessed through robust intra-African trade, collaboration and a firm resolve to pursue shared goals, Temitope Shonubi, Executive Director, Sahara Group has said. Speaking yesterday at the United Nations Development Programme (UNDP) “High Level Dialogue” in Accra, themed “Africa’s Money for African Development, a Future Beyond Aid”, Shonubi said […]

African youths have been charged to take advantage of the modern practices in agriculture to improve their livelihood.

By Rasheed Sobowale The Ghanaian deputy minister of Trade and Industry, Carlos Ahenkorah in a report has said that Ghana’s Trade and Economics needs Nigeria more than Nigeria needs Ghana for its economic survival. This was in response to the declaration of Ghana’s Trade Union to boycott Nigeria’s products in retaliation to the action of […]

Receives reports of committees on contract review, wrongful dismissal of civil servants, others Says Govs shouldn’t be caged by crave for second term Oyo State Governor, Engineer Seyi Makinde, on Wednesday, said that his administration will not shy away from taking hard decisions in order to set the State on a trajectory of sustainable development. […]

We have not come to read the Book of Lamentations about Nigeria’s woes, nor to sing the songs of David. We see the half-empty glass, but we prefer to focus on the half-full glass. We want to focus on the future—rather than the past or the present. As mentioned above, we are asked to speak on “The Economic Restructuring of Nigeria”—an omnibus topic indeed! Since the First National Development Plan (1962- 68), transformation of the economic structure/diversification has been the fulcrum of all national plans. For decades, every government has tried its brand of ‘economic restructuring’ or economic diversification and yet the economy remains tied to the life-support of oil, peasant agriculture and largely informal services sector. Income inequality, poverty, and unemployment remain major defining features of the economy. 

Chairman of First Bank Nigeria, FBN, Mrs. Ibukun Awosika, has called on the Federal Government to include Nigerian women in its economic growth plan, stating that this was critical to guarantee comprehensive economic and national development.

Oyo State Governor, Engineer Seyi Makinde, has approved the appointment of a seasoned Economist from the Department of Economics, University of Ibadan, Dr Musibau Adetunji Babatunde, as his Chief Economic Adviser. The Governor, in a statement endorsed by his Chief Press Secretary, Mr Taiwo Adisa, confirmed that Babatunde’s appointment takes immediate effect. Governor Makinde, who […]

As the new economy egg-heads, the Economic Advisory Council, EAC, begin to settle-down to work, Financial Vanguard has been sounding out various informed opinion across the economic spectrum and not a few concerns have been raised. These are beside the politicised issues surrounding the office and the role of the Vice President, Yemi Osinbajo, who has been overseeing the economic unit of the federal government but now appears sidelined with the directive from the Presidency that the EAC should be reporting directly to President Mohammadu Buhari.

EVEN the village idiot now knows that Nigeria is an unhappy country falling every day. Suddenly, no economic index is favourable. Unemployment is high and getting worse. Exchange rate has remained stubbornly high; prices of goods are rising; external reserves are dwindling; Excess Crude Account, ECA, is being steadily depleted and debts are at the highest level since Dr Ngozi Okonjo-Iweala got us out of the debt trap in 2004.