Much of the debate ahead of the Federal Government of Nigeria’s surreptitious removal of the “subsidy” on the pump-station prices of petrol at the beginning of the year concentrated on the inflationary effect of the subsidy removal. There were those [...]
I spent the weekend working on an alternative measure of economic activity for Nigeria. Something different from the regular run of the mill GDP. One new option is to measure economic activity by monitoring night lights from space. The basic [...]
Economic Literacy is a new series in which our experts review and score popular economic writing on Nigeria. In the first installment, Abimbola Agboluaje and Ladipo Oye-Somefun review and score Simon Kolawole’s article “How Not to Remove Fuel Subsidy“. Ladipo [...]
“Occupy Nigeria was a test-run to a revolution” - Kayode Ogundamisi. Citizen journalist So it was that in the wee hours of Monday 16th January 2012, the series of strikes and mass protests called Occupy Nigeria for the most part [...]
In the past 2 weeks, all that has filled our airwaves, media and social networks has been the raging issue of fuel subsidy withdrawal. The debates for and against are ever on-going, with those against unarguably being the larger numbers. [...]
Saturday 14th January, 2012 Nigerians kept vigil, like the Christendom waiting on the conclave in Rome to announce a new pope. Indeed there was a conclave the cardinals this time being leadership of the Labour Unions and Civil society in [...]
I have waited quite a while to write this. Perhaps I was waiting to see how the first day of the strike would turn out. The initial protest march to Gani Fawehinmi Park took place on the 3rd of January, [...]
I have been one of those in favour of the removal of fuel subsidies. However for most Nigerians the problem is not that they don’t understand the logic of spending wisely. The problem is they don’t trust the government to [...]
ANNOUNCING A CALLOUS POLICY WITH IMPUNITY A liberalization move by the government to deregulate the downstream sector of the oil industy by removing subsidy on petrol was announced on Sunday 1st January, New Year’s Day just when Nigerians were reeling [...]
Courtesy Vanguard Nigeria The history of Nigeria has for too long been like a bad Nollywood movie. Nigeria is that battered housewife who has taken her beatings quietly, allowed her earnings to be squandered by her wasteful, alcoholic, extravagant, unworthy [...]
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