It is no longer news that the Federal Government of Nigeria has increased the price of Premium Motor Spirit otherwise known as fuel as well as that of electricity. This has triggered reactions from the citizens and pockets of protests in some states of the country. Ordinarily, it is expected that the Invisible Hand, that …
MANIPULATING THE INVISIBLE HAND: HIKE IN FUEL AND ELECTRICITY PRICE IN NIGERIA Read More »
The last has not been heard from the love lost relation between Nigeria and Ghana. First was the destruction of the Nigerian embassy on the 19th of June this year and now is the recent closure of shops own by Nigerians in Ghana. According to Mr. Chukwuemeka Nnaji, the President of Nigerian Trade Union …
WOES OF NIGERIAN TRADERS IN GHANA AND THE FATE OF AFCTFA Read More »
Retail Supermarkets Nigeria popularly know as Shoprite in recent years have been struggling in Nigeria, majorly because of unfavorable policies and the multiplier effect of xenophobic attacks. According to Nairametrics in April, Shoprite reported sales decline of 8.1% in H2 of 2019 directly traced to the September 2019 xenophobic attacks. Fast-forward to 2020, Shoprite Nigeria …
The property rights index for Nigeria from The Heritage Foundation reflects the ability of individuals to accumulate private property, secured by clear laws that are fully enforced by the state. It also measures the likelihood of expropriation in Nigeria as well as the extent of corruption in the judiciary and the enforcement of contracts. From …
The article opens with a dramatic excerpt from two conversations symbolic of grassroots economic experiences in two Nigerian families in different part of the same state. One, a victim of the lockdown, the other, a victor. It proceeded tof give a synopsis of events that depicts the structural changes in the economy heralded by the …
Imagine you are the head of a household of two children: Stephen and Stanley. Steve (28) is a promising young Architect who works at Ikoyi earning N100,000/month. Stan (17) is a non-bookish SSCE graduate who is still seeking admission into the University. They both live at home; your house. You have a car and the …
WE DON’T HAVE A RICE PROBLEM by Tosin Adeoti #OpenNigerianRoadBorder Read More »
Taxes have killed every possibility of economic development in Africa. They kill many hope of African countries helping themselves. This left Africans completely at the mercy of charity and loan. Do you know why African Countries have that so much high tax rate? Because of the lending economies – To show them that they can …
Good Intentions can sometimes be harmful Taxes have killed every possibility of economic development in Africa. They kill many hope of African countries helping themselves. This left Africans completely at the mercy of charity and loan. Do you know why African Countries have that so much high tax rate? Because of the lending economies – …
She strums a china guitarI am a native rapperThey play on silver pianoShe sings only sopranoBut each behind iron bordersWe never blend into symphonies On East lane lives Mr. BakerDown south is the ButlerNear west leans Mr. BrewerUp North are the BuyersEach behind tariff bordersWe are poorer and hungrier In a world of hate-peddlersImagine …
