Opinion

2019 Elections In September 2017 — Nigeria Now In ‘Political Recession’, By ‘Fisayo Soyombo

...I’ve always thought Nigeria needs to switch to a single term of six years for presidents — focus on all you can do in those six years and never be burdened by the distraction of re-election. It would be the perfect scenario to help the country avoid phases like the…
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Columns

The Most Critical Nigerian Institutions are the Most Corrupt, By Jibrin Ibrahim

My concern is that we now a have a generic crisis of reputational erosion affecting our key institutions. Over the past two years, the reputation of the National Assembly has been dragged in the mud with the numerous court cases against the Senate President Bukola Saraki and the budget padding…
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Opinion

Is Nigeria Still a Nation “that Plans Without Fact (or Statistics)”?, By Tunji Olaopa

...unfortunately, the ghost of the Udoji Report comes to haunt us again, forty three years after it was laid to rest. Nigeria cannot ever hope to escape the imperative of a performance management system as the foundation of improving the functional capacity of its public service. The significance of policy…
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Columns

Reforming Central Banking in Nigeria, By Uddin Ifeanyi

...this tension between the economy’s need for growth, and the monetary authority’s responsibility for holding prices down, points to a major central banking reform requirement. Without question, my vote is for central bank independence. This way, we ensure that monetary policy is not in hock to the fiscal Today, the…
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Columns

Falling Domestic Prices, Alternative Facts, By Uddin Ifeanyi

Whatever the impetus was for price rises last year, when inflation is measured this year against the respective months for 2016, the huge increases in the “base” numbers for this measure would mean that increases this year will appear smaller — barring further structural or secular shocks to prices. This…
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Columns

What Hope for the Economy’s Recovery this Year?, By Uddin Ifeanyi

... a lot of the hopes for the economy this year ride on the reflationary attribute of the 2016 appropriation bill. But a N7tn budget will push a N95tn economy only if the spending shows up in new capital being formed, and in higher levels of household spend. Speculation about…
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