If a team is hired to turn around a badly managed economy, but after 18 months on the job, rather than turn it around, it has made matters worse, should …
Odilim Enwegbara
Odilim Enwegbara
Enwegbara is currently on a 12-month sabbatical in the US, where he is writing a book.
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Until recently, public outcries that government agencies have been mismanaging the revenues they generated have been received as fallacious. And because most past legislative investigations into these allegations have ended …
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By the time the ravaging global liquidity crush, which started on Wall Street in September 2008, was over, Nigeria’s own version of the financial fiasco couldn’t be more dramatic. Dropping …
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First indictment was that former President Obasanjo left a whopping $67 billion in foreign reserves for his successors. Second indictment was that Yar’Adua and Jonathan administrations squandered that money in …
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Given how long-term growth prospects and macroeconomic sustainability are interwoven, securing the financial sector’s soundness in the economy should never happen in isolation…
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Discovering how difficult to win the battle of enforcing their so-called patent rights, rights that should come with excessive royalties, the US Department of Agriculture has since joined hands with …
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The havoc the 2008 financial crisis brought to Nigeria would have been minimal, had it not been that the breakdown in CBN’s oversight and surveillance system allowed the country’s banks …
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No doubt Mr. President did not surround himself with some of Nigeria’s best men and women. But, then, given the kind of arrangement we have in place that places not …
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Nations always compete fiercer than businesses compete. Doing everything to scuffle and derail potential challengers, has been the rule of the game. For nations ahead in the game, they take …
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Streamlining our unheard-of 541 agencies and departments, especially with many just duplication, should be done immediately. It’s time to implement the white paper on the Ahmed Joda Panel Reported on …
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Today, Nigeria is in a hell of crisis. It’s on a debt-based life-support. Over half of its employable workforce is unemployed. The accompanying social dislocations are increasingly beyond its carrying …
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Increasingly loading the country with huge unproductive debts, sooner rather than later, ours will become a junk economy. The danger with the debt-trap is that as soon as a nation …
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Because Nigerians have no culture of carrying coins, CBN’s idea of temporarily allowing N5, N10, and N20 notes and coins to circulate side-by-side should be made permanent. This is because …
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The question everyone seems to be asking endlessly is: how could Brazil have risen so fast it is not only beating Britain as the world’s sixth largest economy, but also …
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Should a nation as vastly endowed with oil wealth as Nigeria continue using lanterns and candles in powering its development, or remain in darkness when it should have used a …
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Confronted with stagnating domestic markets, declining absolute profits, and the need to evacuate redundant dollars overseas, the Rockefeller-led neoliberal globalists believed it was time for global economic restructuring in a …