Tag Archives: Nigeria

Made-in-Aba, gum arabic and Nigeria’s economic development

During my childhood, Aba-made or made-in-Aba was a popular cliché amongst Nigerians. The phrase referred to any locally made product believed to be cheap and inferior in quality. As a matter of fact, when you got to the market, it … Continue reading

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Muted dividends of procurement reforms in Nigeria

A Nigerian company I am acquainted with recently contacted an office of a state government to enquire about the process of doing business with the government. The company was directed to visit the Ministry of Works to collect a form. … Continue reading

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Sovereign Wealth Funds as Cushion for Lean Purse

The federal government and its federating units are presently facing massive cash crunch due to the sharp decline in oil prices. The country has for decades depend solely on the revenue from oil sales. The federating units send their representatives … Continue reading

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Ori Yato S’ori

In Yoruba culture, Ori, literally meaning “head” refers to one’s spiritual intuition and destiny. It is the reflective spark of human consciousness embedded into the human essence, and therefore is often personified as an Orisha (god) in its own right. … Continue reading

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Nigeria should focus more on Local Direct Investment

Over the past decade, Nigerian government officials have acquired great admiration for foreign direct investment, also known as FDI. There has been a lot of junketing abroad, supposedly to attract FDIs into the country. Actually, FDI has been rising in … Continue reading

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Nigeria—Act with Resolve, Build Resilience, and Exercise Restraint-IMF Chief

By Christine Lagarde, Managing Director, International Monetary Fund, Speech to the Nigerian National Assembly Abuja, January 6, 2016 Introduction Honorable Speaker of the House, Honorable Members of Parliament, Honorable Members of the Government, Ladies and Gentlemen, Good morning—and—Happy New Year! … Continue reading

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DAWN Can Birth a New Dawn in Odu’a land

When the Development Agenda for Western Nigeria (DAWN) was inaugurated couple of years ago, it was received with excitement by those who believed our nation’s problems can be solved using a regional approach. The DAWN commission was presented as an … Continue reading

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Tasks before the new FIRS Boss

The federal government has its eyes on the agency saddled with collection of taxes in Nigeria. It is evident that the government realizes that taxation is the only source of sustainable revenue to finance government expenditure. The recent appointment of … Continue reading

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The need for nuclear power in Nigeria’s energy mix

Recently, Nigeria Atomic Energy Commission announced the ongoing talks between Nigeria and Russia’s Rosatom State Nuclear Energy Corporation to build as many as four nuclear power plants in Nigeria. One of the greatest drawbacks to the country’s economic development is … Continue reading

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The Appointments and Our Political Pundits.

The brouhaha generated by PMB’s yesterday’s appointment is healthy and good for our social and political development, except one thing that I found disturbing. It is that, those who are very educated, well-traveled and exposed also joined the bandwagon that … Continue reading

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