Economy

The Constitution and Presidential Powers, By Ifeanyi Uddin

The recent spat between the newly appointed defence minister, General Aliyu Gusau (rtd.) and the military chiefs of staff over reporting lines has resonated in the most unlikely places. I believe, the most startling of these resonances, is the possibility that the office of the federal minister of (or for)…
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Economy

Reforming Our Universities, By Ifeanyi Uddin

Decades after its ouster from office, the Ibrahim Badamasi Babangida (IBB) administration remains one of the most steeped in controversy in Nigeria. How much of the country's current baseness is the consequence of that administration turning "corrupt practices" into a tool of statecraft? You are likely to find debate heating…
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Economy

The Business of Policy Making, By Ifeanyi Uddin

Last week, the federal government upped the policy ante. In the wake of the recent launch of a national automotive policy, its inauguration of the Nigeria Industrial Revolution Plan and the National Enterprise Development Programme is nothing if not ambitious. According to one newspaper report, “both programmes, initiated and spearheaded…
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Economy

Accounting For Crude Oil Sales and Revenues, By Ifeanyi Uddin

Why does it matter that the governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has indicated accounting sleights of hand at the Nigerian National Petroleum Corporation (NNPC)? Or that shenanigans in and around Nigeria's proverbial golden egg-laying goose may be responsible for the federal budget’s recent (and…
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Economy

The MPC’s Effect On The Domestic Balloon, By Ifeanyi Uddin

At its first meeting this year, held Monday last week in Abuja, the Central Bank of Nigeria’s rate-setting committee (the Monetary Policy Committee — MPC) opted to tighten monetary policy. Reflecting on this decision, I am still not sure which is the more surprising of the committee’s decision: the MPC’s…
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Economy

On Today’s Meeting of The MPC – Matters Arising! By Ifeanyi Uddin

The Central Bank of Nigeria's (CBN) rate-setting body, the Monetary Policy Committee (MPC) meets today monday 20th January, under a cloud. The mass of gray overhead has nothing to do with the recent public spat between the Office of the President of the Federal Republic of Nigeria, and that of…
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