The news going round is that Nigeria is broke. I, for one, do not believe that fallacy. However, if the treasury is indeed empty or nearing emptiness, then what it …
Business & Economy
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With the return of democracy in 1999 it became obvious to those looting the country’s economy using so called national debts that it wouldn’t take long before Nigerians began to …
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To an indolent mind, sexing data to pump up GDP figures is an example of how politicians lie with statistics. But a critical mind will see the ingenuity in such …
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The problem of cards getting jammed in ATMs is traceable to system errors in the machines. It is analogous to cases where the machines fail to dispense cash to customers …
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Sadly, Nigerian employers have turned their recruitment exercises into income-generating ventures. In all, poor jobseekers pay for every job application, with no assurance that the most qualified or exceptional will …
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Although the budget is more of an expected revenue and expenditure within a given period of time, it mirrors how our resources are managed and the areas that the different …
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After it became ignobly clear that General Sani Abacha was ignobly and perversely determined to destroy democratic governance in Nigeria, some academics with social conscience met at the Obafemi Awolowo …
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President Goodluck Jonathan’s economic blue-print for industrialisation is crucial to the development of Nigeria and this has been commended by well meaning progressive Nigerians both at home and abroad…
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Nigeria should seek some unconventional solutions to tackling its power problem. The most plausible way to putting the present power problem behind us is to seek sovereign loans from countries …
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To start development planning in Nigeria, the President should as a matter of urgency, elevate the Minister of National Planning as both Planning and Coordinating Minister of the Economy, while …
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We have been suffering from an oil wealth illusion. Because oil money flows without the people or the government involved, we’ve developed an entitlement mentality. Since some distant nations and …
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Is an economy with high interest rates, high inflation rates, and high unemployment rates growing? Should a highly import dependent and infrastructure deficient economy, be economy?
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Before 2015, let’s send the present incompetent economic team home along with their obsolete textbook development theories. In their place should be a team of vibrant goal-getters, whose mission should …
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Like China before Deng’s economic revolution, Nigeria today tops the world’s corruption, unemployment, and rundown economic charts. Also like China before its economic revolution, Nigeria today is littered with graveyards …
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It is easy to understand that any Nigerian that knows what an oil bloc is will want one. Understandably not every Nigerian can get one. The question then is: In …
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Nigerian National Petroleum Corporation: Antidotes for Some Of Its Numerous Challenges
by Suleiman Ojiby Suleiman OjiIf it is now agreed that NNPC should be privatized so that the field is left open for private participation in upstream activities in Nigeria, then caution must be exercised. …