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Opinion
Raising VAT Is Totally Insensitive
The planned increase of the Value Added Tax (VAT) from 7.5 per cent to 10 per cent, beginning from 2025, and 15 per cent by 2027, is a demonstration of the federal government’s insensitivity to the plight of Nigerians. The…
The danger of stupid idiots
Before I get badgered by those unwilling to read or lacking in the discipline to digest concepts, let me announce upfront that no insults are intended by either the title or the message below. But I have seen…
Nigeria’s Public Policy Gambles
In July 1986, Nigeria’s military president, General Ibrahim Babangida, launched a public policy initiative hailed as…
The fiscal reality of Nigeria!
Time for a Reckoning as Nigerians, we find ourselves at a crossroads, grappling with the economic realities that come with our vast…
Playing games with petrol subsidy
It took me less than one hour into President Bola Tinubu’s administration to spot a giant red flag. His famous words at the…
Why NNPC Must Not Be The Sole Buyer Of Dangote Petrol
The Nigerian oil industry is at a critical juncture, and the recent development involving the Nigerian National Petroleum Corporation (NNPC) and the Dangote Refinery has sparked significant debate. As Dangote’s…
What’s so magical about age 18?
The Minister of Education, Prof. Tahir Mamman, probably didn’t know what he was getting into when he directed the West African Examinations Council (WAEC) and National Examinations Council (NECO) not to…
South Africa, Stop This Hatred
Chidimma Adesthina, a South African of Nigerian descent, was forced to withdraw from the Miss South Africa 2024 pageant following a controversial investigation into her citizenship by the country’s Ministry of Home…
Dangote Refinery: The wicked have done their worst
“Corruption remains one of the most significant obstacles to the progress and prosperity of our nations. It undermines the very fabric of our societies, erodes public trust, and impedes equitable distribution…
When The Black Markets Become Official Markets
Indeed all is not well. Gradually, we have enthroned, crowned, institutionalised and entrenched absurdities as a way of life. In fact, doing the normal things now look abnormal while those who practise…
Jonathan and the return of speculations
Governor Bala Mohammed of Bauchi state set the ball rolling weeks ago. Addressing a group of supporters asking him to join the 2027 presidential race, the PDP governor said he would prefer ex-President Goodluck…
NAFDAC: What is wrong with our bread?
As one of the spin-off effects of the current high costs of several consumables, including the all-important food items, some unscrupulous manufacturers have resorted to the use of substandard materials to produce…
How Tinubu’s Petrol Subsidy Reform Unravelled
It is not inevitable. But here we are. President Bola Tinubu’s reform on petrol subsidy has come undone. The…
In pursuit of a Pan-Nigerian identity
When Chief Emmanuel Iwuanyanwu, the president-general of the Ohanaeze Ndigbo, died last month, it reawakened a topic I had been ruminating over for decades. I had been following the trajectories of politicians who…
Dangote: The Monopoly We All Need
There seems to be a huge partition between Nigerian industrialist Alhaji Aliko Dangote and other Nigerian economy drivers. His visionary…
Clarifying The Misunderstood Part Of Windfall Tax
Apart from revenue generation, another important function of taxation is wealth redistribution, which is basically making the richer segments of the economy to pay higher taxes than the poorer segments. This is…
FBN Holdings: The Old Fox and His Torch
Something has gone wrong. Our elders no longer think of legacy; instead, they wallow in the mud of struggle where virtues like transparency, integrity, fairness, and justice remain alien. Earlier this week,…
Dangote megaproject Refinery: Any hope for Survival?
The first $15 billion was already spent on Nevada’s Yucca Mountain megaproject until the Obama administration scrapped the project! A total of $65 billion, including damages, was spent on Yucca, and the ground was…
NNPC Must Go
Let’s face it, Nigeria has a problem called Nigeria National Petroleum Company Limited, NNPCL. That problem begins with the organization’s rather ambiguous identity. ‘NNPC’ is one of the foremost household names in…
No to palliative governance
There is a Chinese proverb which is very popular among contemporary economists and leaders: “Give a man a fish and you feed him for a day. Teach him how to fish and you feed him for life”. The path a government…
How floating the naira has affected businesses in Nigeria
One of the first major policies of President Bola Ahmed Tinubu’s regime was the floating of the Naira to unify foreign exchange rates and save Nigeria the billions of dollars previously used to defend the…
‘Igbo Must Go’: To Where, please?
IN October 2001, the management of The Punch sent me to the South-East, ostensibly to coordinate political reporting for the newspaper in the zone ahead of the 2003 elections. I then made Abia my base, from where…
Here comes Tinubu’s baptism of fire
An American immigration officer caught me unawares with a probing question. I was…
What if Buhari had endorsed Osinbajo or Adesina?
As we await manifestation of a litany of promises of renewed and deferred hope, we can also begin to reflect on where the rain that has been beating us since 1999 actually began. I reflected on the rainmakers…