Economy: Nigeria Skirting The Circle
How I wished Tayo Akpata, Sam G. Ikoku, Bola Ige, Erhunse Bankole Akpata, Tunji Otegbeye and other departed Nigerian thinkers were alive today to see how the cooks of neo-colonial politics have spoilt the broth. I do not envy Allison, Ayida, Phillip Asiodu, Olufemi Okunnu, Mohammed Dikko Yusufu, Mohammed Ayagi, Balarabe Musa and others who…
Austerity: Stop Wastage, Corruption
Comrade Abdulbaqi Aliyu Jari – Internet Constituency. Nigeria recently updated its economic database and proclaimed itself the largest economy in Africa. Nigeria has GDP of over $326 billion. Nigeria, the 26th largest economy in the world, has over $40 billion in its excess crude account. With over 170 million people, Nigeria’s internal market stands at…
FG To Raise N480bn From Luxury Tax
The Federal Government is set to raise additional revenue of N480bn within the next three years from the implementation of the tax on luxury goods and other austerity measures recently announced by Ngozi Okonjo-Iweala, Minister of Finance. The minister had on November 16 announced the measures following the persistent drop in the price of crude…
The Oil Price Burden
There is anxiety about the falling price of crude oil as dwindling revenue threatens economic and social development, raising concerns over the overall health of the Nigerian economy Nigeria is groaning under falling oil price and Ngozi Okonjo-Iweala, finance minister and coordinating minister for the economy, will have a herculean task managing the country’s economy…
FG to collaborate with AfDB to Develop Abia
The federal government has expressed readiness to partner with the Abia State government through collaboration with the African Development Bank, AfDB to develop the state. Coordinating Minister for the Economy and Finance Minister, Dr. Ngozi Okonjo Iweala, revealed this when she led the country’s director of the African Development Bank, Dr. Ousmane Dore and some…
FG to Boost Housing Sector
Ngozi Okonjo-Iweala, the Minister of Finance has announced plans by the Federal government of Nigeria to boost the housing sector of the country. She said this while delivering a paper at the 12th convocation ceremony of the Babcock University, Ogun State on Sunday. Delivering the paper titled, “Beyond the Degrees,” the Minister said in order…
OKONJO-IWEALA HONOURED WITH ROCKEFELLER AWARD
The Finance Minister and Coordinating Minister for the economy, Dr. Ngozi Okonjo-Iweala was on April 8, honored with the David Rockefeller Bridging Award alongside Paul Polman, CEO of Unilever and Simao Jatene, Governor of the state of Para, Brazil in New York, US. According to organizers of the prestigious award, Okonjo-Iweala was honored for her…
