The recent bickering between the United Nations and the National Population Commission over Nigeria’s current population figure is quite unnecessary and embarrassing. And it depicts perhaps, only one thing: that some national institutions of governance do not properly understand their mandates. Nigeria’s National Population Commission is one of them and so some change should begin…

President Muhammadu Buhari on Monday in Abuja received the report of the Presidential Technical Advisory Committee on the Implementation of the National Minimum Wage (PTAC) with a pledge to review it expeditiously. The PTAC, which was inaugurated on Jan. 9, was mandated to advise the Federal Government on how best to fund, in a sustained…

Out of the total mobile subscriptions connected for voice services in Nigeria as at the end of 2018, states in the south west region including Ekiti, Lagos, Ogun, Ondo, Osun and Oyo had 51.7 million subscribers, amounting to 30.3 per cent. Statistics from the National Bureau of Statistics (NBS) put Nigeria’s active voice subscriptions as…

Importation of raw materials continued on a steady rise in the fourth quarter (Q4) of 2018, as plant and machinery importation drop according to the latest data from the National Bureau of Statistics (NBS). Although availability of foreign exchange to local producers has aided importation of raw materials, the Manufacturers Association of Nigeria (MAN), has…

With trade in solid minerals hovering at N25.3billion in fourth quarter (Q4), 2018 representing 0.29% of total trade, stakeholders in the sector have asked for the implementation of policies that will encourage investors as well as value-addition. According to them sector has been static for some time, as government and operators in the industry do…

The record of foreign inflow into the country in 2018 at $16.81 billion, has shown that investors targeted portfolio investments, also known as “hot money”, rather than establishment of institutions and taking equity stake in already existing ones. Hot money, as it is called, is frequently transferred among financial institutions in an attempt to maximise…

The report of the National Bureau of Statistics (NBS) yesterday that the economy recorded 2.4 per cent growth in the fourth quarter of 2018 drew criticism from economic experts.

Akwa Ibom State government has raised the alarm over plot by the opposition All Progressives Congress (APC) to publish a propaganda pamphlet aimed at maligning Governor Udom Emmanuel. The Commissioner for Information and Strategy, Charles Udoh, in a statement made available to journalists in Uyo, described the plan as ridiculous. “The pamphlet, which we understand…

Violence and political thuggery, especially involving youths and members of the road transport unions, has become the trademark of most elections at all levels in Nigeria since the return of democracy in 1999. Now that most students of higher institutions are at home due to strikes by their teachers, and with the National Bureau of…

Latest report by National Bureau of Statistics (NBS) has revealed the passengers traveling on inter-city from Abuja paid the highest transport fare, followed by Plateau and Borno.

What serves as a stark reminder of the seemingly irredeemable character of the President Muhammadu Buhari government is its blithe appropriation of its failings as the hallmarks of its triumph. Lost in this self-assigned halo of infallibility, it denies itself the capacity for introspection and thus holds no promise of self-correction. Hence, while it is…

Weak capacity to attract foreign investments and challenging local business environment have been attributed as major reasons the private sector is unable to create jobs needed to stem the rise in unemployment.    Indeed, Nigeria’s unemployment rate increased from 18.8 per cent in the third quarter (Q3) of 2017 to 23.1 per cent in Q3…