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...
There was a civil servant who lost his job. He used to be a typist but no one wants to hire the services of a typist anymore. He had six wives and many children. He is lucky to have a roof over his head even though his house is very rickety and the annual storms...
“If your vision is one year, cultivate flowers… if it is ten, cultivate trees, but if your vision is eternity, cultivate people.” – Chinese adage I recall using this adage to commence an article many years ago. At that time, I was writing to Mallam Nasir El Rufai, who was then FCT Minister. I believed his...
If you are religious and you love Nigeria, one prayer you must pray for us as a people is that Almighty God should deliver us from a culture of underachievement. I once wrote on this page – I think over the Saraki issue – that we now seem to perpetually punch under our weights. For...
We are creating a future of totally disconnected Nigerians. Disconnected from the land, disconnected from themselves, disconnected from Africa, disconnected from reality. We are raising a generation of non-patriots on one hand, and those who will take revenge on the nation, for real and imagined ills, on the other. It is important for us to...
Most Nigerians would admit that life is hard. Harder than we thought it would ever be. Many are getting disillusioned, wondering when the succour will ever arrive. Others are losing jobs, livelihoods, the roof over their heads, etc. In parts of the country, people are now regularly exchanging their children for staple food in a...
In this interview, Tope Fasua, founder, Institute for Service and Good Governance (ISEGG), speaks on the challenges of service delivery in the nation’s private and public sectors and how his organisation is addressing them. PT: Please can you tell us about your NGO – the Institute for Service and Good Governance and what informs your social...
One cannot easily pass the message across that Nigerians should try and think for themselves. It is an arduous task. I’ve tried to interrogate why this is so. I can only conclude that many – if not most – Nigerians are intimidated by these matters in spite of the outward show of braggadocio. We are...
As a former General in the Nigerian Army – one who attended the US Army War College alongside a number of local and foreign elite training programmes – President Muhammadu Buhari must be a strategist, right? But the strategy he has adopted for delivering on the economy now that he is a civilian president must...
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