18 Jul 2017
If you have been following political events in Nigeria recently, you can’t but have heard the word “restructuring”. Everyone seems to be talking about it. From politicians to journalists, and from social media activists to secessionist groups.
20 Jun 2017
After all the unnecessary political drama, the budget has finally been signed. According to reports, a spending plan of N7.44tn was approved, with proposed capital expenditure of about N2.18tn....
6 Jun 2017
The federal government has placed a lot of bets on Agriculture. The president said shortly after his inauguration in 2015, that agriculture would be his priority - a message backed by the minister of agriculture...
21 Mar 2017
The policy framework has been implemented in Nigeria many times before for things such as fruit juice, cement, and cars. The latest flavour of the month is rice. The government has recently launched a war on imported rice.
7 Mar 2017
The policy flavour of the month is focused on the ease of doing business. As anyone who has tried to do business in Nigeria knows, it can be very challenging.
21 Feb 2017
Economic growth is all about businesses increasing productivity, that is, businesses getting better and better at doing things. Be it increasing the yield per hectare in agriculture, or the products created per worker in manufacturing...
7 Feb 2017
The 41 item exclusion list is no news. In June of 2015, in response to the collapse of foreign exchange inflows, thanks to the crude oil price crash, the central bank decided to change tactics...
4 Jan 2017
2016 was a rough year for Nigeria’s economy. The first official recession in over two decades was confirmed with no end in sight. Inflation continued it relentless march rising from under 10 percent year on year in January 2016....
20 Dec 2016
It feels like déjà vu. At this point in 2015 the economy was already showing signs of serious problems. Growth had slowed from an average of about six percent in 2014 to just about two percent in the fourth quarter of 2015.
18 Oct 2016
First, a note about government spending. Government spending is in many ways similar to the way individuals and businesses spend money. They could spend money on different things.
4 Oct 2016
If you took a time machine back to 1980, gathered a room full of policy makers and economists, and asked them what sectors would be the most valuable sectors in 2016 ...