Category: Opinion/Editorial

Nigeria May Have Escaped Fiscal Cliff; Now Build an Economy worth the Sacrifice

By Blaise Udunze Three years after the removal of the fuel subsidy and the adjustment of the foreign-exchange regime, Nigeria’s revenue and external positions have improved significantly. After escaping the fiscal cliff as touted, but with the United States questioning the country’s fiscal transparency, the harder question is whether these gains can be translated into…

What Has Nigeria Truly Gained from N160Trn FAAC Allocations?

By Blaise Udunze Could it be said that Nigeria’s true identity today represents a country suffering and grappling with soaring inflation, mass unemployment, failing public infrastructure and multidimensional poverty despite almost three decades of enormous public revenue inflows? With the look of things, one question therefore deserves urgent national attention. Without missing any words, what…

Nigeria’s Economy May Not Survive on Statistical Manipulation

  BY BLAISE UDUNZE Nigerians should gear up to start seeking accountability from those in power because the country is gradually entering one of the most dangerous phases in its economic history, not merely because inflation is high, unemployment is worsening, or public debt is rising, but because the institutions responsible for telling them the…

Mouka Celebrates World Sleep Day, Calls For Sleep Equity

Mouka, Nigeria’s leading manufacturer of mattresses, pillows, and beddings, joins the World Sleep Society and other organizations to mark this year’s World Sleep Day (WSD) on 15th March. The award-winning company celebrates WSD annually to raise awareness of the importance of good sleep for a better life. The brand has been at the forefront of…

Maximizing Out-of-Home Advertising ROI: The Role of OOH Monitoring and Audit, By Philip Odiakose

Out-of-home (OOH) advertising has long been a cornerstone of marketing strategies, offering brands the opportunity to reach consumers in high-traffic locations where they live, work, and play. However, measuring the return on investment (ROI) of OOH campaigns has historically presented challenges due to limited data availability and the inability to track audience engagement in near…

Saheed Ademola Elegushi: Twelve Years as a KING

By Temitope Oyefeso When the instrument of authority was presented to Oba Saheed Ademola Elegushi on April 27, 2010, as the 21st monarch of Ikate-Elegushi kingdom, a coastal community along the Lagos lagoon, the people were ecstatic. But there were careful expectations because the prince, though steeped in the rich pedigree of his predecessors and…

As Ikeja Electric Bill Is Now More than the Minimum Wage

By Abolade Ademola In Laaga community, located around Ewu-Elepe, a suburb of Ikorodu, residents have been made to pay an estimated bill that is more than the minimum wage of the entire country, Nigeria. The steady rise in the bill is very discomforting in a country where the rate of inflation keeps rising without a…

Petroleum Subsidy Removal: You Gave Approval As Soon As You Signed That Bill

By Adewole Kehinde “President didn’t order fuel subsidy removal, Lawan clarifies” was the major headline in the media on Wednesday according to the President of the Senate, Ahmad Lawan, after meeting Buhari at the Presidential Villa, Abuja,  stating that he had gone to convey the feeling of constituents to him on some concerns, including the…

Trial of Corrupt officials: Niger Delta Youths back Buhari, Laud Akpabio

By Henry Ovie Youth leaders in the Niger Delta on Sunday applauded President Muhammadu Buhari for vowing to rid the Niger Delta Development Commission (NDDC) of the moral and political rot that has plagued it for so long. “We are continually inspired by Buhari’s dedication and vision to addressing development issues in the Niger Delta…

Pipeline Vandalism; A Major Challenge to Nigeria’s Economy

By Adewole Kehinde Frequent attacks on oil pipelines are worrisome due to its devastating environmental effects. It destroyed arable land for agriculture and caused economic losses in terms of revenue to the government. The sabotage of oil installations and the resultant repairs of pipelines have depleted Nigeria’s income around N898.93bn in 2021 according to a…