Columns

How Immune Is Nigeria To Last Week’s Global Equities Sell-off, By Uddin Ifeanyi

...a rising dollar presents a more forbidding augury. Yes, it would mean we’d have to shovel out more naira to hold the precious greenback. But often, a strengthening dollar means rebalancing of global portfolios toward the , which means that emerging markets and frontier economies (such as ours) will start…
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Columns

Of Budget Seminars, Ringworms, and Leprosy, By Uddin Ifeanyi

If, however, last year’s instalment of these budget seminars serves as a useful point of departure, their focus will not be on the design of fixes for our leaky public expenditure management In other words, as with the real economy, these seminars would be focussed on treating a bad case…
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Columns

Dr. Olusegun Obasanjo, His Missive, And Our Responses, By Uddin Ifeanyi

...men of goodwill owe a duty of concern over the economy’s trajectory. And it shouldn’t matter that much that, once, this particular elder tried to asphyxiate our infants. It’s enough that, today, he’s pointing us away from choking off whatever life is left in our poor little ones! The fact…
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Columns

Musings On The Associated Inequities And Iniquities Of The Fuel Shortage, By Uddin Ifeanyi

Focus on the pump-gate price of petrol, and one could sustain the delusion that to prevent an increase in the price is the same thing as guaranteeing the poor their share of the national cake. Think though of the gains to be had from accessing foreign exchange at less than…
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Columns

The Mediterranean Crossing And The “Hammer” Culture, By Uddin Ifeanyi

...looking at the Nigerian state, it becomes obvious that we may be organised around the concept of “hammering” far more than we are willing to accept. Whether it’s the popular injunction to “wait for your turn”, or the saw about “all of us being thieves, except the ones unlucky to…
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Columns

Foreign Capital Imports, Investor Confidence, and Economic Reforms, By Uddin Ifeanyi

Our policy makers ought, therefore, to worry that percent of the capital imported into the country in the first three quarters of 2017 ended up in Lagos State. Not only then was much of the money that we boast of as having come into the economy (indicating investor confidence) of…
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