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Special Focus

Xenophobic Attacks and Its Economic Implications

The latest xenophobic attacks on foreigners by South Africans have generated outrage, and condemnation from different parts of the world. Xenophobia has become an endemic attitude as South Africans continue to attack and foreigners and destroy their businesses. Several other Africans have lost their...

Reviving Early Industries For Job Creation

Unemployment in Nigeria is primarily a result of failed industries, government policies and failed educational system that produces unskilled and unemployable graduates and a failed political class whose vision of Nigeria have been mostly driven by tribalism, parochialism, institutionalized corruption and a replacement of merit...

Boko Haram violence hits fish industry in NE Nigeria

Kano (Nigeria) (AFP) - The raging Boko Haram insurgency in northeast Nigeria has hit the region's fishing industry, causing shortages and driving up prices, union leaders say. The major city of Maiduguri has been particularly affected, as the authorities in neighbouring Niger have detained huge...

FEC Forwards Monopoly, Transportation, Postal Reform Bills To NASS

After many years of work and dilly-dallying, the Bureau of Public Enterprises (BPE) has finally concluded work on the much anticipated Anti-Trust Bill that will regulate corporations and protect consumers against unfair treatment and monopoly in the country. This is one of the eight reform...

20 Essential Points From Soludo’s Treatise To Buhari and Jonathan

Presidential Election Outcome Neither Buhari nor Jonathan will be able to deliver on the fantastic promises being made in election campaigns on the economy, and if oil prices remain below $60, I see very difficult months ahead, with possible heady collisions with labour, civil society,...

Politicians, Judges Earn N1.1 trn Annually

It is often the complain of officials of the Ministry of Finance, Budget Office and Debt Management Office to cite the 2010 increment of national minimum wage to N18,900 per month as reason for the astronomical increase in recurrent budget. However, analysis of official...