Thursday, April 27, 2017
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    How not to fight corruption the Muhammadu Buhari way

How not to fight corruption the Muhammadu Buhari way

The administration led by President Muhammadu Buhari was subject to a very slow start; it took the president about five months to appoint his ministers, took seven months to present first budget, 16 months to shift grounds on the naira and two years to show the Nigerian people an articulate economic plan.Two years into the administration, the president is still [...]

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    An unlikely reformer

An unlikely reformer

It’s Easter and so the idea of sacrifice should be more appealing to humanity. But what do we say to self-immolation from an unlikeliest source – a traditional ruler? Monarchies or traditional institutions by nature are conservative, and attempts at modernization no doubt, will chirp away at its selling point – the mysterious aura that surrounds it which also aids [...]

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    The Abuja-Kaduna airports: A testimony

The Abuja-Kaduna airports: A testimony

I have just returned from Abuja travelling through the Kaduna airport. As we disembarked from the aircraft and moved towards the arrival section, I could hear an announcement being made. The diction of the announcer was clear. She didn’t sound like those On-Air-Personalities (OAP, they are called) who speak as if they have hot water on their tongues. Airport continuity [...]

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    Corruption not fighting back — yet

Corruption not fighting back — yet

Let me start this discussion by making this declaration upfront: I have a soft spot for Mr. Ibrahim Magu, the acting chairman of the Economic and Financial Crimes Commission (EFCC). And I want him confirmed as the substantive chairman of the anti-graft agency. I admit that he did not perform brilliantly at the senate confirmation hearing — in fact, I [...]

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    Happy days are here again

Happy days are here again

I’m spending the Easter break in a quiet town called Bergen in western Norway. Three days have passed since we touched down at Oslo and, since then, I have not communicated with anyone in my home country. I know, however, that everyone at home is fine. Happy Easter Nigeria! I chose Norway for this trip partly because I thought it shares [...]

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    How much incentive does a whisleblower need?

How much incentive does a whisleblower need?

The numbers coming out from the US could encourage anyone thinking of blowing the whistle on any financial crime in Nigeria: The Securities and Exchange Commission (SEC) in the US has awarded over $50 million to 18 whistleblowers since the inception, in 2011, of the Whistleblower Programme. And these incentives, SEC claims, have led to the recovery of over $ [...]

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    The Trumpcare for Nigeria

The Trumpcare for Nigeria

Against prediction, America’s President Donald Trump’s first passage to Africa is positive.The shift in America’s policy to sell military aircraft to Nigeria for onslaught against the Islamist Boko Haram, nearly two years after the Africa’s largest economy showed interest in acquiring the jet fighters is something that should cheer us.Predictably, Trump’s extended hands to Nigeria may be located in his [...]

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    Dogara, El-Rufai and security vote

Dogara, El-Rufai and security vote

Speaker Yakubu Dogara meant it as a joke. When he dared Kaduna state governor, Nasir el-Rufai, to remove the log in his own eye by publishing the state’s security vote and how local government funds were disbursed, Dogara was sure it would be over the governor’s dead body.The graveyard of Nigerian politics is littered with presidents and governors who [...]

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    Dogara vs el-Rufai: A-looter continua…

Dogara vs el-Rufai: A-looter continua…

Though elegant-sounding and seemingly mouthful, the word "subterfuge" actually connotes and denotes something far from noble - treachery.It describes a bid to draw a red herring and, in the context of an argument, disrupt the opponent's stream of consciousness by smuggling a diversionary matter into the loop.One cannot find a better word to classify the war of pay slips that [...]

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    Can Nigerians trust this INEC?

Can Nigerians trust this INEC?

Even though he led Nigeria for a little less than 36 months, late former President Umar Yar’ Adua will remain one of the few Nigerians with most respect for democratic ethics in history.Having ascended office on the strength of  evidently flawed elections, which he would have won anyway, Yar’ Adua, for the first time in the history of Nigeria and [...]

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Exchange Rates

April 27, 2017USDGBPEUR
INTERBANK310.50400.51338.25
LAGOS388497420
KANO387495417
PH390500420
ABUJA388497420
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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