Opinion

Unraveling Execution Trap As Challenge To Nigeria’s Economic Recovery, By Tunji Olaopa

...one of the direct consequences of the reform of the governance and administrative structures and institutions of the Nigerian state should be the adequate diversification of the Nigerian economy away from its unhealthy dependence on the oil sector. Economic diversification only speaks to a state’s creative capacity to read the…
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Columns

What Do the Recent Numbers On the Economy Mean?, By Uddin Ifeanyi

There may be many routes to “development”. But on the balance of evidence, the Buhari administration has not yet gotten this economy on any such sustainable road! The only other idea more frightening than this, is the realisation that despite one of the most traumatic recessions of recent is back…
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Opinion

Can Nigeria Ever Achieve Single-Digit Lending Rates?, By ‘Tope Fasua

...it is far better – and more reasonable and feasible – to achieve a 15 percent growth of the overall economy year on year, while living with double digit interest rates and double-digit inflation. That is what we should be targeting for now. There are too many sectors of the…
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Columns

On Today’s Meeting of the MPC; and the CBN’s Thought Processes, By Uddin Ifeanyi

Much of the public reaction to that document was taking up by attempts to parse Adedoyin Salami’s observation that the CBN may have turned “piggy-bank” for the federal government. Our laws don’t like this idea. Therefore, the Central Bank Act 2007 granted the central bank both goal and administrative independence…
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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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