Saturday, June 23, 2018

Tag "Bismarck Rewane"

    Rewane asks FG to be transparent on fuel subsidy

Rewane asks FG to be transparent on fuel subsidy

Bismarck Rewane, renowned economist, has asked the government to come out clean regarding the ongoing debate on fuel subsidy in the country.He said the government has to be transparent and tell Nigerians how much is being paid for subsidy.Rewane said this while speaking on a Channels TV programme.“What the government has to do is come out clean and say this [...]

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    Rewane to FG: Don’t sell Port Harcourt refinery through the backdoor

Rewane to FG: Don’t sell Port Harcourt refinery through the backdoor

Bismarck Rewane, a renowned economist, has urged the federal government to ensure that privatisation of the Port Harcourt refinery is done through a transparent process.Speaking on a Channels TV programme on Thursday, Rewane said the process should not be done through the "backdoor".He said that being national assets, Nigerians have the right to know how their refineries are being sold [...]

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    Akwa Ibom says BudgIT’s report on states is ‘voodoo analysis’

Akwa Ibom says BudgIT’s report on states is ‘voodoo analysis’

Akwa Ibom state government says BudgIT, a data simplifying civic organisation, carried out voodoo analysis, in its state of states report, which posits that 33  states cannot meet recurrent needs.In a statement signed by Ekerete Udoh, the state's chief press secretary, the state claimed that no intellectually astute state would place Akwa Ibom at the bottom of a list on the [...]

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    Osinbajo confers with economists on ‘quick economic recovery’

Osinbajo confers with economists on ‘quick economic recovery’

Vice-President Yemi Osinbajo met notable economists on Tuesday to discuss how Nigeria can be on a quick path to economic recovery.At the meeting, Osinbajo said the challenges bedevilling the Nigerian economy are many, but the opportunities that abound are much more.Economic experts who attended the four-hour long special meeting were Bismarck Rewane, Bode Augusto, Akpan Ekpo, Ayo Teriba and Badayi [...]

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    Rewane asks: How come militants returned after Buhari stepped up anti-graft war?

Rewane asks: How come militants returned after Buhari stepped up anti-graft war?

Bismarck Rewane, a renowned economist, is bothered by the resurgence of militancy in the Niger Delta region, wondering why the attacks on oil installations started after the current administration “stepped up its anti-graft war”.Speaking on a special edition of Politics Today, a programme on Channels Television, Rewane encouraged the government to focus more on intelligence gathering because the attacks could [...]

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    7 lessons from TheCable’s devaluation debate

7 lessons from TheCable’s devaluation debate

The naira is on trial, the debate seems to be unending. Some say devalue, others beg to differ; some are facing the heat, others are reaping the fruits. What exactly is in the best interest of the people?Staying true to its promise “to deliver knowledge-driven journalism in the pursuit of Nigeria’s progress”, TheCable held a policy dialogue in Lagos on [...]

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    Oshiomhole: Masses are the greatest economists

Oshiomhole: Masses are the greatest economists

Adams Oshiomhole, governor of Edo state, on Thursday described poor people as "the greatest economists in the world".Oshiomhole, who was the keynote speaker at TheCable Colloquium in Lagos, said the poor live within their means, despite the meager income that they earn.“The issue of our national economic policies is not just a matter for experts; everybody is an economist. For [...]

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    Devaluation is destructive to the economy, says Rewane

Devaluation is destructive to the economy, says Rewane

Bismarck Rewane, a renowned economist, has opposed the devaluation of the Nigerian currency, saying such move could destroy the economy.Speaking at the Nigerian Economic Outlook held at the Eko Hotel and Suites in Victoria Island, Lagos, on Friday, Rewane said: "nobody who lives in an economy will want to sabotage the economy"."Devaluation is destructive to our economy, if devaluation is [...]

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Exchange Rates

June 21, 2018USDGBPEUR
INTERBANK360.45492.18420.32
LAGOS362495425
KANO363495423
PH365494423
ABUJA364495423
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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