Friday, February 22, 2019

Your Say

    Yuguda: The new saint in Bauchi

Yuguda: The new saint in Bauchi

By Aminu Adamu Naganye It is common, if not habit, for politicians in Nigeria at all strata to dump one political party for another for one reason or the other, but usually personal ends drive the cause. Recently, Isa Yuguda, the immediate past governor of Bauchi State announced his resignation as member of the Nigeria’s main opposition party, the People’s Democratic [...]

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    Oil, democracy and the Chad Basin

Oil, democracy and the Chad Basin

By Ridwan Bello Nigeria is set to “diversify” her oil fields! A statement recently issued by Ibe Kachikwu, Nigeria’s minister for petroleum resources declared that the country will commence drilling in the Chad Basin in the last quarter of 2016. The statement affirmed that the proposed exploration will increase the nation’s oil and gas reserves, add value to the hydrocarbon potential of [...]

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    Army-Shiite clash: The untold narrative

Army-Shiite clash: The untold narrative

By Johnson Obioha The narrative of the encounter between the Nigerian Army and Islamic Movement of Nigeria (IMN), popularly referred to as Shiites Islamic Sect, cannot be more intriguing, especially with the startling revelation by Kaduna State government of the existence of a mass grave. It was a revelation that sent shocking waves across Nigeria and beyond. Not only did the disclosure that 347 [...]

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    Buratai: An encounter with the soldiers’ soldier

Buratai: An encounter with the soldiers’ soldier

By Yushau Shuaib On December 12, 2015, my phone displayed missed calls from the army spokesperson, Colonel Sani Kukasheka Usman. Such missed calls from security spokespersons, can signify "fire on the mountain."I had been in Maiduguri the previous week on a special assignment where I encountered a team of Lt General Tukur Buratai, Nigeria’s chief of army staff. They had been regular [...]

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    The crime of being an innovative indigenous firm in Nigeria

The crime of being an innovative indigenous firm in Nigeria

By Chukwuemeka Anozie The penchant of many Nigerians for foreign-made products is so much that one has reasons to sometimes believe that those Nigerians themselves are imported!As a people, many of us love our things foreign: from the crown of our head to the sole of our feet. The average Nigerian—especially those that qualify themselves as people with taste—would typically prefer an [...]

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    Fowler’s task and the enemies within

Fowler’s task and the enemies within

By Umoru Abdul Unsurprisingly, Mr. Babatunde Fowler’s appointment as the Chairman, Federal Inland Revenue Service (FIRS) is unsettling a lot of interests. Thus, it will be absolutely erroneous to assume that the forces against the thorough and tested taxman are just the typical tax evaders and defaulters who for obvious reasons have become terribly agitated and increasingly conniving since the confirmation of [...]

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    CCT and a timeline of inconsistencies

CCT and a timeline of inconsistencies

BY BAMIKOLE OMISHORE Potter Stewart, a renown Associate Justice of the United States Supreme Court who played a significant role in the interpretation of Civil Rights laws, coined the basic phrase: “Fairness is what Justice really is.” This phrase, conceived to propel the notion of every individual’s equitable right under the law, demonstrates that an unbiased legal system, is a necessary [...]

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    Buhari: Cleaning the Augean Stables

Buhari: Cleaning the Augean Stables

By Mike Rapu Augeas, the mythical king of Elis, kept great stables that held 3,000 oxen and had not been cleaned for thirty years – until Hercules was assigned the job. Hercules accomplished this task by causing two rivers to run through the stables. This story depicts two things: the misfortune of inheriting a messed up estate, and the level of [...]

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    Dear President Buhari, welcome back from China

Dear President Buhari, welcome back from China

By Chima Christian President Buhari, some venerate and others vilify your person, but there is this seeming unanimous reference to you as baba. Of course, people need not to be linguists to know that “baba” is a Yoruba and Hausa word that loosely translates into “father” (or “daddy” in our more localised parlance). You joined the rather long list of past [...]

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    The Nigerian military, TSA and the de-institutionalisation of corruption

The Nigerian military, TSA and the de-institutionalisation of corruption

BY OLUYINKA ADEKAMBI Every day in the news, billions and billions and more billions of naira are bandied around as monies embezzled – often said to have been “diverted”, a weaker moniker for “stolen”– by several top government officials. Gone are the days when the bandwidth of theft was in the regions that calculators could manage without getting a “migraine". These [...]

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    From budget padding to omission: A chain of incompetence

From budget padding to omission: A chain of incompetence

By Dara Adenekan After having a close scrutiny of the issues surrounding the recent budget tussle between the executive arm of government and the legislature, one is quick to realize that the problem stems from the stunning display of negligence and incompetence on the part of the Buhari led administration. The administration displayed so much incompetence, inability to pay attention to [...]

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    Fuel subsidy in Nigeria: Why and how it should be eliminated

Fuel subsidy in Nigeria: Why and how it should be eliminated

By Ridwan Bello In December 2015, after many years of providing fuel subsidy – also known as the Petroleum Support Fund (PSF) – the Nigerian government announced a withdrawal of the fund. The reason given was that the government could no longer afford the payment due to a dip in the country’s revenue, caused by the huge drop in crude oil [...]

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    To Fashola – ‘Buhari’s Foreign Trips: My takeaway’

To Fashola – ‘Buhari’s Foreign Trips: My takeaway’

BY TIMI OLAGUNJU[...]

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    Obtaining Nigerian passport/visa in the USA is a nightmare

Obtaining Nigerian passport/visa in the USA is a nightmare

BY SKC OGBONNIA The change agenda of President Muhammadu Buhari has received positive reviews so far from the United States of America. Many American businesses appear ready to take a chance again on Nigeria. But some are beginning to develop cold feet so soon because many tales on Nigeria are still very emblematic of the inept shadow of the immediate past [...]

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    Lagos-Ibadan Road: The way out

Lagos-Ibadan Road: The way out

BY OLUYEMI OLAGOKUNThat the Lagos-Ibadan Expressway has been so mired in controversy of high magnitude, attracting so many interests, is because of its significance to the socio-economic life of the entire country. Incidentally, it is the only major artery to Lagos, handling more than 90 per cent of the entire human and vehicular traffic to the commercial capital of Nigeria.It [...]

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    2016 budget trends: Understanding the cuts

2016 budget trends: Understanding the cuts

BY ABIOLA AFOLABI President Muhammadu Buhari presented “The Budget of Change”, his first spending plan, to the National Assembly on December 22, 2015. The proposed N6.08tn 2016 budget is the highest ever presented by a Nigerian president, and a high jump from N4.35 trillion budget of 2015. It seems impractical as the Country's main source of revenue- Oil has crashed from [...]

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Exchange Rates

February 21, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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