We Do Need A New Regulatory Infrastructure?, By Uddin Ifeanyi
...why not deploy consequence management principles in our regulatory space? It would (and which is a welcome thing) force regulators down from their current Olympian heights, where most seem oblivious of the needs of the industries they supervise, and more alert to the sensitivities of any government in power. While…
Each and Every One of Us Against the State, By Uddin Ifeanyi
But do journalists deserve to ride G-Wagons too? Or put differently, there's no reason why journalists’ instincts for self-preservation should be less well-honed than those of bankers. At the heart of much of what ails our nation is this penchant for individuals to assess what each can prise out of…
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For Our Today, We May Have Already Taken Their Tomorrow, By Uddin Ifeanyi
...the biggest question will remain, nonetheless, whether anyone believes that the boost to the domestic economy’s earnings potential from the incumbent administration’s debt splurge will be enough to meet our future debt service costs. I have my doubts! As 2019 draws to the end, the one claim we cannot continue…
Not A Political Nor An Economic Problem, How Do Our Social Values Hold Up?, By Uddin Ifeanyi
...Nigeria, as a development challenge, is a social conversation. Put this way, our values, the very material that our “context” comprises, are of a vintage described by one of the more arresting titles off Nkem Nwankwo ― his 1975 My Mercedes Is Bigger Than Yours! Leadership. Judging by the roll-call…
Autocrats, Fifth Columnists, and Cracked Walls, By Uddin Ifeanyi
...far more important is the threat posed by the dysfunctional nature of the Buhari administration. And this is where those who would pillory the PUNCH newspapers need pause for breath. For the threat in this case is not so much from the administration. But from the ease with which fifth…
Saving Nigeria: Integrity Vs. Competence, By Uddin Ifeanyi
...it will matter that we understand both the dynamics of our economy, the dynamics of the changing global economy, and how both interface if the resulting disruption is not to challenge everything this country has stood As this process gathers momentum, it will help that those who are saddled with…
A Crystal Ball Into Nigeria In 2020, By Uddin Ifeanyi
It might even be that, next year, the plan to behead purveyors of fake news works to the benefit of the economy, especially by helping keep population growth down – not just through the initial spate of decapitations, but even by the simple expedient of forcing many commentators into exile.…
The Short-Term Pains and Long-Term Gains of Nigeria’s “Great Leap Forward”, By Uddin Ifeanyi
Still, it is not all doom and gloom. We however take solace in the fact that while the Great Leap Forward resulted in famines that killed off tens of millions of Chinese peasants between 1959 and 1961, China’s eventual embrace of market reforms in 1979 saw it help more than…
Our Elite and a Path Previously Taken, By Uddin Ifeanyi
That experiment didn’t end quite well. Domestic prices just wouldn’t cooperate with the government of the day. Not even a barter system that sought to swap domestic crude production for imported “essential commodities” moved the economy’s growth needle. Neither did a change in the currency, which as usual was advertised…
The Dekulakisation of the Nigerian Economy, By Uddin Ifeanyi
Put simply, under the incumbent administration, the odds of economic reforms being implemented that lift significant numbers of our poor out of poverty as did Deng Xiaoping's 1978 reforms in China are considerably shorter than the chances of policies of dekulakisation that were implemented under Chairman Mao in the forty…
