How Well Did We Do, Last Year?, By Uddin Ifeanyi
Unfortunately, over the years, the federal government’s guidance on the economy’s outlook has diverged from eventual outcomes in ways that have turned the former into an exercise in creative writing. The eventual outcome, as in the numbers for last year’s budget, is not so much stranger than fiction. But undiluted…
Rising Inequalities, Monetary Policy, and Social Cohesion, By Uddin Ifeanyi
...as a friend argued recently, “as income inequality rises, then, the challenges around social cohesion rise”. Across vast swathes of the country, this ugly dynamic is playing out at great cost in lost lives, property, and income-earning opportunities. That the central bank may be adding faggot to this fire ought…
[sc:"post loop ad"]
How An Artisanal Mindset Influences Public Policy Choices, By Uddin Ifeanyi
When we point to the failure of government difficulty with explaining an alternative to bad policy choices lies in this failure of the artisanal mind. How can a people who cannot properly count their costs and compensate for it in a way that enhances the quality of their lives hold…
Restrictions To Our Freedoms and Our Sense of Duty, By Uddin Ifeanyi
Where I doubt is when the CDA then plans to impose a lockdown on the estate that permits financial members alone ingress and egress. Sure, by naming and shaming non-financial members, we may get them to put their money where their expectations lie. However, are there no better ways of…
Of Presidential Debates And Incompetent Governance, By Uddin Ifeanyi
It matters, therefore, that invited to adjudge the suitability of different individuals for the office of president of the Federal Republic of Nigeria, we should place great store on their respective understanding of the problems faced by the country. And the solutions on offer. Irrespective, today, of the content and…
When Pagans Play the Ostrich, By Uddin Ifeanyi
Objectively, there isn’t much difference, here, between this conceit of wishing positive outcomes into play and the more familiar cop-out known as “playing the ostrich”. Either way, the problem doesn’t go away. I’d wager that in nearly all cases, the vulnerabilities are exacerbated by being ignored in this way. Infrequently,…
What Do These Proverbs Mean?, By Uddin Ifeanyi
I’ve often doubted the insanity of one who’s able to tell the function of a hoe, and thereafter to proceed to make ridges in her own interest. But does it really matter? For to the extent that some of our proverbs (and, hence philosophies?) provide more than ample justification for…
2019, the Global Economy, Oil Prices, and Nigeria, By Uddin Ifeanyi
...the global economy may tank next year, but a more resilient oil market may shield us from much of the impact. Which is all for the better. For, given how addicted to oil export earnings the domestic economy is, full pass through from shrinking global output would hurt so much!…
Culture and Our Relatively High Business Mortality Rate, By Uddin Ifeanyi
There’s no question, but that the environment in which small businesses have had to operate in the country is a very difficult one. The shorthand description for this difficulty is a single word: “cost”. High enough to make these businesses uncompetitive domestically, even before cheaper imports are thrown into the…
What Do The Third Quarter GDP Numbers Mean?, By Uddin Ifeanyi
What the trend tells us is that the economy should see growth of a little under 2 per cent in the October-December period — bringing gross domestic product growth this year in at around per cent. What even the trend numbers don’t tell that this pace of growth isn’t enough.…
