Editorial

cross-section of Northern Governors Forum during a meeting in Kaduna 2024

VAT Sharing Formula: What the Northern Governors Should Be Discussing

The recent response from the Northern Governors Forum, led by Gombe State Governor Mohammed Yahaya, opposing a proposed derivation-based Value Added Tax (VAT) sharing formula is not only laughable but reveals their unwillingness to engage in meaningful economic discourse. According to the proposed policy, states hosting more multinational companies would receive a larger share of […]

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Blackout in the North: A Warning That Bandits Can Ground Nigeria’s Economy – They Must Be Stopped

The recent attacks on power infrastructure in Nigeria’s North East and North West, affecting 13 states, underscore that Boko Haram insurgents—or whatever they call themselves—still have the capacity to severely impact Nigeria’s economy. They must be crushed without any hesitation. The rhetoric of “they have been decimated” must end. Reports indicate that insurgents vandalized the

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Lateef Fagbemi SAN Nigeria Minister of Justice

Fagbemi’s Legal Hurdle Extends Beyond Triumph in Local Government Financial Autonomy

The landmark ruling by the Supreme Court on Thursday, July 11, 2024, which put an end to the state governors’ impunity regarding Local Government financial autonomy, stands out as the most significant judgment in the ongoing legal disputes between the Federal Government and the state administrations since Nigeria’s return to democracy. The judgment has automatically

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Ajaero, Your Demand of N1 Million Minimum Wage Is A Big Joke

The call from Joe Ajaero, the President of the Nigerian Labour Congress (NLC), for the government to review workers’ monthly wages is something a responsive government should consider, even without being prompted by the threat of strike actions, particularly given the over 100% year-on-year inflation rate in the country. However, for the president of the

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Olayemi Cardoso of CBN

Cardoso, CBN Policies Cannot Unilaterally Tackle Inflation

The recent promise by the Governor of the Central Bank of Nigeria (CBN) Yemi Cardoso to introduce anti-inflation policies sounds like the “usual political talk”, it lacks the sufficient economic substance that is needed to fight Nigeria’s 27-year debilitating 28.9 percent inflation, which is largely driven by food. Nigerians have grown weary of such rhetoric. Speaking

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Tinubu signs Access to Higher Education Bill into law on June 12

Tinubu, You Are The Chief Security Officer, Act Like One

The recent 60 million naira crowdfunding on Twitter for kidnappers, aimed at securing the release of Alhaji Mansoor Al-Kadriyar’s six children, casts a shadow on President Bola Tinubu’s Foreign Direct Investment drive. Despite his previous assurance at an international event that all business bottlenecks had been removed, this incident demands swift action from him as

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