Why Nigerians may be poorer in 2020, by manufacturers
Nigerians’ hope of a better economic outlook in 2020 may not be realised unless some lingering challenges are addressed and the anxieties about more taxes, unfavorable government policies and higher inflation are doused, some members of the organised private sector have stated.
Nigeria faces impending bankruptcy, warns Obasanjo
Former President Olusegun Obasanjo, yesterday in Lagos, expressed deep concern about Nigeria’s current debt profile and warned the Federal Government against “impending bankruptcy.”
Africa, IMF and another debt crisis
A recent warning issued to African countries by the International Monetary Fund (IMF) on incipient debt crisis should not be dismissed by African leaders who would like to be perpetually dependent on the West and China for even sustainable development simple goals.
'Buhari’s $29.26b loan request is killer blow to economy'
Professor of Economics, Olabisi Onabanjo University (OOU), Ago-Iwoye, Ogun State, Prof. Sheriffdeen Tella, has described President Muhammadu Buhari’s request for $29.26 billion external loans...
Nigeria averting the impeding economic doom
On June 26, 2018, CNN reported that Nigeria has overtaken India as the country with the highest number of people living in extreme poverty with an estimated 87 million Nigerians living on less than $1.90 a day
Amid revenue surge, Lagos sets to acquire more debt
With the swearing in of the commissioners and special advisers by Lagos State Governor, Mr. Babajide Sanwo-Olu, governance in the state ought to get more energetic.
‘Uncertain global economic outlook calls for renewed labour policies, institutions’
Growing concerns about global economic and employment prospects must be met with robust policies to promote employment, social dialogue, labour standards and institutions, the International...
What do you do when the sick refuses the needed medication
In ancient times, as our people say, when the sick perceive their sickness, they sought the Babalawo, the father of knowledge. He might be female and knowledgeable in the area of sickness.
Intrigues, fears over rising Chinese loans
The Debt Management Office (DMO) recently unveiled its record of the country’s incremental obligations, in the second quarter of 2019, which stands at about N750b, but cumulatively at N25.7t.
Counsel for the Economic Advisory Council
The creation of the Economic Advisory Council (EAC) in September generated all sorts of public reactions. One notable reaction was the view that its creation has diminished the remit of the Vice President, in as much as the Economic Management Team (EMT), previously chaired the Vice President, was abolished. This belief reflects an inchoate understanding…