Tuesday, November 13, 2018

Contributor

    Do we still have a case for retaining subsidy on petrol?

Do we still have a case for retaining subsidy on petrol?

By simbo olorunfemi In the wake of the scarcity of petroleum products being experienced in the country, a number of people who were not for the removal of subsidy or were, at best, ambivalent, have come down from the fence. They have being moved to publicly call for a removal of the subsidy. That, in itself, is not unexpected. Frustration and [...]

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    The supreme court and the mob hysteria

The supreme court and the mob hysteria

BY AJIBOLA OLUYEDE A clearly orchestrated tirade against the Supreme Court of Nigeria in respect of its acceptance of an undertaking by the counsel to the Respondent in the Saraki Appeal has come to my attention following two days of consistent bashing of the Court for daring to do the unthinkable by scuttling the politically motivated stampede to remove Bukola Saraki [...]

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    The hatchet man’s job: Dele Momodu to the rescue

The hatchet man’s job: Dele Momodu to the rescue

BY BABS AJAYI When a text message flew into the phone of Mr. Dele Momodu asking him to help tell the “tale of a woman in deep pain and anguish for variety of reasons” you wonder from whose perspective Mr. Momodu reported the encounters.The same woman who cleverly avoided providing her telephone number to Mr. Momodu several years back just suddenly [...]

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    Babangida Aliyu: Still talking straight at 60

Babangida Aliyu: Still talking straight at 60

By Danladi Ndayebo In a tribute to commemorate the 6oth birth anniversary of Dr Ngozi Okonjo-Iweala, last year, Bishop Mathew Hassan Kukah explored the effectiveness or otherwise of serious-minded intellectuals in shaping public policy in a developing nation like Nigeria. That piece was perhaps one of the most authoritative on the subject, as it also provided useful insights into the travails [...]

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    The constitution does not say there must be 36 ministers

The constitution does not say there must be 36 ministers

BY VINCENT OKWECHIME Section 147(3), which speaks to the need to appoint a minister from each state of the federation, serves one major purpose. It reinforces Section 14(3) in terms of ensuring that the federal character of Nigeria is reflected in the appointment of ministers. Accordingly, it enjoins the president to ensure that a minister is appointed from each state of [...]

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Greece on a knife edge

BY ISIDOROS KARDERINIS It is exactly five years since Greece joined the European Support Mechanism with the close cooperation of the International Monetary Fund (IMF). At that time, the key and critical financial data were the following: GDP amounted to 222.151 billions at the end of 2010. The public debt was 148.3% as a percentage of GDP. Unemployment stood at 12.5%. [...]

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    Ambode: Leading Lagos in the age of social media

Ambode: Leading Lagos in the age of social media

BY TEMITOPE AJAYI The jury is still out on how well Governor Akinwunmi Ambode has fared as the Chief Executive of Lagos in the last 5 months. The perception of the Governor and the government he leads has not been too good for some, especially among the vociferous middle class, who only use their personal experiences as the only performance measurement [...]

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    In faraway Guinea Conakry, was Tinubu acting alone?

In faraway Guinea Conakry, was Tinubu acting alone?

By Desmond Afolayan The acclaimed national leader of the ruling All Progressives Congress was recently in Guinea where he was reportedly involved in influencing the outcome of the October 11 presidential election in favour of the 77-year-old incumbent President Alpha Condé. In a statement of triumphalism by Sunday Dare, his media aide, Bola Tinubu is adulated for extending the frontiers of his illustrious [...]

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Nigeria’s anti-people public institutions and the ‘ise-ijoba’ syndrome

By Simbo Olorunfemi The World Bank Group has only just released its "2016 Annual Ease of Doing Business Measurement report". Even though Nigeria moved from its 2015 ranking of 170 to 169 in 2016, the country lagged behind other countries in sub-Saharan Africa, including our immediate neighbour, Benin Republic. It should not come as a surprise to anyone that Nigeria seems [...]

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    6 things companies must know about the new CyberCrime Act

6 things companies must know about the new CyberCrime Act

By Kayode Adeniji Nigeria is more qualified to be world power than any African Nation. The pathway to achieving this is to view every bill passed into law by the National Assembly as an opportunity to realise this national ambition.Corporate organisations must see the economic value of the Cyber Crime Act 2015 instead of its express punitive provisions against cyber criminals. [...]

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Whither the Nigerian economic direction

BY ABDUL RAZAK ODUNLADE It is not in doubt that Nigeria is in crucial economic times. Any keen observer must therefore be concerned about the prospects of Lagos State, which controls the largest share of the Nigerian economy. Lagos is, in many ways, the nation's gateway to global business.On a general note, the economic situation in the country has clearly worsened [...]

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    Sarah will chase the thieves to Lagos

Sarah will chase the thieves to Lagos

By Toyin Akinosho Sarah Chayes will be talking to the major issues in her monumental book on corruption, as a highlight of the Lagos Book and Art Festival (LABAF). The American writer and activist is the author of Thieves of State, Why Corruption Threatens Global Security.She will be comparing notes on how the greed network wreaks havoc on the planet, [...]

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    The fate of hate

The fate of hate

BY URIEL PALTI When the 13-year-old boy got on his bike after school last Monday (12th October), he planned to go buy candy. He told his worried mother that he would be back in 15 minutes. But, five minutes later he was not home. He was brutally attacked and almost lost his life. He never expected to be stabbed 15 times. [...]

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    Understanding Ambode’s style of unlocking traffic gridlock

Understanding Ambode’s style of unlocking traffic gridlock

BY RASAK MUSIBAU In the Lagos of old, townsfolk could enjoy romantic or meditative evenings at the Lagos Marina, enveloped in celestial ambiance from the cool Atlantic Ocean breeze. That was when the population was barely 350,000. However, as people continue to flock to the state in search of the proverbial greener pasture, the geometrical increase in population, together with political [...]

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    Fela and Sankara: The October 15 connection

Fela and Sankara: The October 15 connection

BY BOLAJI IDOWU What a date on the African calendar.On this day October 15, 1938 one of the greatest musicians of all time was born in Nigeria.However, on the same day 49 years later, one of Africa's greatest leaders was killed in Burkina Faso.These men do not really need much introduction, for the brief years they spent with us they drove [...]

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    World Teachers Day: Celebrating unsung nation-builders

World Teachers Day: Celebrating unsung nation-builders

BY TITILAYOMI MOBOLAJI-ADEYEMI Teaching is one of the most challenging yet least lucrative professions, especially in developing countries like Nigeria. This, perhaps, is what inspired the widely popular saying that the teacher's reward is in heaven.In spite of the poor remuneration and apparently non-attractive conditions that most teachers are subjected to, some of them have chosen to see beyond the pain and sacrifice; they are [...]

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Exchange Rates

November 9, 2018USDGBPEUR
INTERBANK360.45480.18420.32
LAGOS360485425
KANO361483423
PH362482423
ABUJA362481423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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