Economic

A plea for economic planning

DURING the economic recession of the 1980s the doyen of Nigerian economics, Pius Nwabufo Okigbo, delivered a lecture at the National Institute for Policy and Strategic Studies, with the title, “Sorcerers, Astrologers and Nigerian Economic Recovery.” Yours sincerely was among the audience during that steamy 1986 summer afternoon in Kuru. It was a brilliant performance. The late economist gave that dramatic title to his erudite lecture to drive home the point about how bereft we are in terms of serious critical thinking about the economy.
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We are restructuring for economic growth — Udoma Udo Udoma

Senator Udoma Udo Udoma, Hon. Minister of Budget and National Planning, outlines the plan of the Buhari administration to create a sustainable national econmy
I remember the independence celebrations in 1960. Even as a six-year old, I felt the significance of that momentous event. We were living in Aba at the time but my parents travelled to Lagos to witness the hoisting of the new Nigerian flag at the Race Course.

Economic activities expand faster in July – CBN’s PMI report

The Central Bank of Nigeria, CBN, Tuesday, released its Purchasing Managers Index, PMI, report for July, which indicated that economic activities expanded faster during the month, confirming that the nation’s recovery from economic recession is on course.

Navigating economic storm with monetary manoeuvres

There has been a boost in the local production of the items on the list of 41, just as substantial foreign exchange has been conserved owing to the reduction in the import bills of the country

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