2016 September

… you said we should not view this as privatization/commercialization. Then what is it? You ASSUME that the proceeds will not be used for consumption or for state bailouts. Assume because you never can tell how politicians think. Can you lay your integrity on the line for them? You hinge the process on inflow of...

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria recently completed one of its bi-monthly meetings. A day before the crucial meeting, the Minister of Finance in an interview said she expected the MPC to reduce interest rates. Two months ago, the Monetary Policy Rate (MPR), which is the reference rate for the...

In this season where everyone has an opinion – and that is okay – one can only urge caution lest the benefit of hindsight (20-20 vision) propels some people into reckless claims and statements. Managing the economy has never been child’s play, least of all now. In fact, the solutions to our economic problems are...