Nigeria is endowed with oil and natural resources but the country cannot be said to have ever had adequate supply of electricity in the history of its electricity generation. This might get worse, as the country’s population increases and economic development is calling for...
Nigeria has over 17 million housing deficits and the Federal Government is exploring ways to tackle them fast. To meet this demand, the housing sector has to produce over 700,000 units of housing every year, and unfortunately, the formal sector is only churning out...
Several attempts at salvaging the moribund economy by Central Bank of Nigeria (CBN) though its Monetary Policy interventions have proved counter-intuitive as manufacturers in the country have continued to express worry over retention of Monetary Policy Rate (MPR) at 14 per cent, saying it...
As we browse towards the end of the year 2016, many Nigerians are not happy that the Federal Government’s promise of short term target of single digit inflation embedded in the 2016 budget has not been realized. The reasons are legion.
First among the several...
It is no more news that, in seeking to help the government tackle the acute forex crisis, the Nigerian Law Reform Commission has proposed an amendment to the Foreign-Exchange Act to enable the imprisonment of anyone who holds foreign currencies, especially the dollar, for...
The administration of President Muhammadu Buhari had promised to fix the current challenges bedeviling the economic, political and social landscape of the nation through its national economic recovery plan amidst unending rise in inflation, coupled with unhealthy business climate.
The 2016 budget voted 30% for...
