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It is commendable that Nigeria’s debt service-to-revenue ratio drastically dropped from a suicidal 97 per cent, under the President Muhammadu Buhari government, to a low of 68 per cent in…
From the moment President Bola Tinubu’s government floated the naira, it has had a mixed run of swings. Although in recent times, it appears to be hovering around 1,700 to the American…
Whereas Section 14. (2) (b) of the 1999 Nigerian Constitution declares emphatically that “the security and welfare of the people shall be the primary purpose of government,” this newspaper laments the…
It is commendable that Nigeria’s debt service-to-revenue ratio drastically dropped from a suicidal 97 per cent, under the President Muhammadu Buhari government, to a low of 68 per cent in…
The regular scarcity of petrol amid hike in price, removal and surreptitious return of fuel subsidy, make Nigerians wonder if the midstream and downstream sub-sector of petroleum industry is run…
An inexplicable lacuna exists between monopsony downstream petrol cartel buyers – Nigeria National Petroleum Company Limited (NNPCL), Major Energies Marketers Association of Nigeria (MEMAN) and Independent Petroleum Marketers Association of…
The signing into law of the Fifth Constitution Alteration Bills, which grant States the power to generate, transmit and distribute electricity in areas covered by the national grid and transfer rail…
We have no doubt that a combination of incompetence, corruption, graft, inadequate funding, inappropriate policies, obsolete and non-functional equipment, pipeline vandalism and bunkering, occasioned by insecurity and conspiracy, has led…
Notwithstanding the immanent flaws in the current 1999 Constitution (as amended), some of its provisions have been observed largely in breach. For instance, the powers of the President over the…
There is no doubt that good money that should have been applied to capital projects and social services for the benefit of the people of Nigeria is expended on debt…