Opinion

Post-COVID-19: The Time To Act Is Now!, By Abdullahi D. Mohammed

For Nigeria, the time to implement similar significant economic measures is now! Experts across the country have also made calls on the need to save the nation from a catastrophe altogether worse than COVID-19. President Buhari must come out of his self-imposed shell to take the centre stage in this…
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Opinion

Nigeria-South Africa Recessions: What Africa’s Biggest Economies Must Learn, By J.J. Omojuwa

To get out of recession and return to the path of economic growth, both Nigeria and South Africa will have to implement key reforms in departure from the archaic and unprofitable way of running government. If the rest of Africa expects Nigeria and South Africa to chart a pathway and…
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Opinion

Nigeria’s Economic Outlook In 2017, By Ayo Teriba

Nigeria’s recovery in 2017 is currently premised on luck, cyclical upturn, rather than hard work, countercyclical policies or economic reforms. Assuring the sustenance of the recovery will require more than luck. Policies would be required to open Nigeria up for investment inflows that will rebuild rail transportation and energy infrastructure…
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Columns

The IMF’s 2017 Nigeria Scorecard, By Uddin Ifeanyi

Worse, though, than the fear that the public sector may not optimise additional debt issues is the Fund’s claim that last year, the federal government’s interest payments-to-revenue ratio doubled to 66 percent. I must confess to having looked forward to the publication of details of IMF’s 2017 Article IV Consultation…
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Opinion

Recession: Surviving the Years of Lean Cows, By Olu Akanmu

Nigeria’s recession, our own years of lean cows, is characterised by very high inflation, declining real wages and accelerating unemployment and underemployment. It manifests on businesses in three ways, which are the massive contraction of market demand, rationalisation of demand and the trade–down of market and product preferences as consumers…
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Columns

Learning from Philip Asiodu: the Importance of Implementing Plans, By Jibrin Ibrahim

Philip Asiodu reminds us that the Yakubu Gowon Administration had developed the 1975 to 1980 development plan precisely to diversify the economy. The analysis then was that oil is a wasting asset and that we must use the windfall to diversify the Nigerian economy so that when the inevitable happens,…
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Opinion

Financing Development Under President Buhari: The Role of Pan African DFIs, By Roberts Orya

Nigeria is in a unique position to tap into the emerging global finance that would increasingly promote sustainable development. Nigerians now lead the two frontline Pan African Development Finance Institutions. Erstwhile Nigerian Minister of Agriculture and Rural Development, Dr. Akinwumi Adesina assumed the leadership of African Development Bank (AfDB) on…
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