Opinion

2019 Budget: Finding Money For Nigeria’s Budget Cycles, By Oluseun Onigbinde

Nigeria needs to boldly face its issues, and the post-election era in 2019 is another window for doing the right thing. We cannot keep expanding expenditure without a review of the other side of the equation - The federal government needs at least N2 trillion in new revenues to be…
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Opinion

Nigeria’s Budget Crisis and Unending Horizons, By Oluseun Onigbinde

...the biggest challenge to the 2018 budget is the incoming election and the reality that most line items inserted in the budgets - either the rural roads, provision of boreholes or “empowerment” programmes written down - will be part of the ongoing practice to use the public treasury to curry…
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Opinion

Petroleum Industry Governance Bill: Issues At Stake and Conflicting Areas, By Oluseun Onigbinde

The National Assembly has taken a huge step on a proposed legislation meant to be an Executive Bill, considering the pivotal moment this represents. However, there are still questions on the pre-emption rights of the minister to seize all petroleum products during national emergency, the status of investments in the…
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Opinion

The Need for a Rigorous Re-think: Kemi Adeosun and Nigeria’s Debt Story, By Oluseun Onigbinde

I believe the debt debate is rooted in the fact that the Nigerian government is taking the escapist approach, raking up debt in quick numbers, rapidly forgetting where before the exit of creditors. This escapist approach of taking gradual steps on revenue, but giant footprints on debt is what is…
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Opinion

The National Assembly Vs. Fashola: the Unending Issues, By Oluseun Onigbinde

The issue of appropriation should be tested at the Supreme The framers of the constitution already gave the powers of budget implementation to the executive. This means there are no legal consequences if certain projects are not funded, rather there are only political implications in the next budget cycle. The…
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Opinion

Exiting Recession: Seven Things to Consider, By Oluseun Onigbinde

The problem with this government is that it makes its hay at dusk when the sun has retreated. It waits for six months to appoint ministers, delays a currency devaluation and held off public contracting for over a year. If the recession does not portray that an emergency is needed…
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