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14 Jan 2015
FORMER President Olusegun Obasanjo’s concerns about the economy regarding poverty, rising unemployment and corruption when some women’s leaders visited him the other day are worthy of a close look for the benefit of politicians in this campaign season and for the country at large. Obasanjo expressed the belief that the country was meant to be…
11 May 2010
A CLEAR pattern has emerged in the interest rates structure of deposit money banks since the Central Bank of Nigeria (CBN) undertook to guarantee interbank transactions last year and introduced the monetary policy rate within an asymmetric corridor. At its meeting last month, the apex bank's monetary policy committee (MPC) noted that average interbank call…
8 May 2010
ONE of the resolutions at the last National Economic Council was the decision to replace the so-called Excess Crude Account (ECA) with a Nigerian National Sovereign Wealth Fund (NSWF). The Council is to discard the ECA because it realised that it has no backing in law and is now acknowledged to be a mere expedient…
6 May 2010
THE death of President Umaru Musa Yar'Adua is a major loss to the country. Yar'Adua died at about 9 pm on Wednesday, May 5, 2010 at his official residence in the Presidential Villa, Abuja. He was buried in his home state of Katsina yesterday. Befittingly, the Federal Government declared yesterday a public holiday, and seven…
5 May 2010
THE angry reaction of the Sultan of Sokoto, Muhammad Sa’ad Abubakar III to a recent documentary by the British Broadcasting Corporation (BBC) portraying the city of Lagos as a slum and the abode of human scavengers is understandable and patriotic. The Sultan expresses a position that is shared by many Nigerians who also consider the…
4 May 2010
ONCE again, the collapse of a two-storey block of lock-up shops under construction at the Cairo Market in the Oshodi area of Lagos has brought to the fore the poor state of the building industry in the country, particularly, in Lagos. Something should be done to check the malaise. The number of such buildings that…
3 May 2010
OF recent, the Imo State government decided on a so-called job scheme for the thousands of job seekers in the state. It announced that it had in its portfolio 10, 000 vacant public sector job positions. But to get at any of the jobs, an applicant is required to pay the sum of N2,000 in…
2 May 2010
AS the international community celebrates the world press freedom day today, it is sad that Nigeria is considered one of those countries where journalists have become truly endangered. Barely five days after the killing last week of a journalist, Mr. Edo Sule Ugbagwu in his home at Egbeda, Lagos, death threats were also issued to…
1 May 2010
THE Workers Day came and went yesterday with hardly any celebration in the country. This is not unexpected, having regard to the fact that for workers, there is little to cheer about. It was just another day of lost hope, minimal existence, poverty, squalor and unbridled display of corrupt wealth by political leaders. Indeed it…
25 Dec 2009
NIGERIA, greatly endowed and created 95 years ago has remained underdeveloped. Hence I have been reflecting on Nigeria 's current development approach and it appears to me that as long as this approach has kept Nigeria underdeveloped, it is not the appropriate approach. Nigeria therefore needs alternative ideas with which to develop. Meanwhile, let us briefly understand the existing approach, but a good insight is for you to check-out election posters or the newspaper pages by state governors on how they have developed their states.
25 Dec 2009
MAY God give us leaders that care, leaders that will serve the people instead of serving themselves; may God in His infinite mercy rescue us from those whose main concern is to better their own lots and that of their immediate families. It is unsettling to read that new residences are to be built for the Vice President, Senate President, Deputy Senate President, Speaker and the Deputy of the House of Representatives. While reasons were averred for the proposed legislators' movement from Apo Quarters to Maitama District extension, no reason was given for constructing a new residence for the Vice President.
25 Dec 2009
"YOU gotta cry to laugh" is the title of a book by Peter Enahoro. Looks like that is what Nigerians are going through, this Christmas. There is so much excitement across the land, people trying to enjoy a two-day Christmas holiday and a weekend, but deep down, the people are aching. When the Lord Jesus Christ was born more than 2, 000 years ago, his birth was heralded by comets which drew the attention of three Wise Men from the Orient. Something phenomenal had happened, and the Illuminati had taken notice. The arrival of the Lord Jesus, Master of the Universe, was to mark a turning point in the destiny of humankind. For God so loved the world that he gave his own begotten son, as sacrificial lamb, so that the rest of humanity may enjoy the grace of eternal salvation.

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