Our Emperor’s New Clothes
July 16 2014, crude oil (Brent blend) traded at circa US$115 per barrel (pb) on the global spot markets. October 16 2014, it was trading at circa US85pb. In 3[…]
Author: Ifeanyi Uddin
Horns and Lagos’ Traffic
One of the more interesting dimensions to the management of the Ebola Viral Disease is the recourse by the medical profession to symptomatic treatment. Besides quarantining victims, hospitals, at present,[…]
Falling Oil Prices and our Dr. Pangloss
As with politicians the world over, the Goodluck Jonathan administration is wont to stretch its luck. What to make of the claim, for instance, that the “new, and bigger” Nigerian[…]
Our Near-Open Society and Its Enemies
After the many traumas that was the Great Recession, considerable uncertainty remains over how to interpret current (political, social, and economic) events. There is clear evidence of an uptick in[…]
Poverty and Rising Food Prices
Should we be concerned that over the last six (6) months rising food prices have been the single most important cause of the upward movement in headline inflation numbers? The[…]
Economic Headwinds and Policy Responses
You do not have to be a close watcher of the Nigerian state to conclude that the short stretch of road ahead (until the next fork in February, next year)[…]
The Economics of the Planned Ban on the Consumption of “Ponmo”
A clear trend is emerging in the thinking around the best way to manage our economy. It is unashamedly mercantilist. In response to the question, “How do we accelerate domestic[…]
Should Alarm Bells Be Ringing For The Economy?
One of the more risible aspects of the recent re-basing of domestic economic output numbers was the attempt by pro-Jonathan administration types to pass the higher GDP numbers, which emerged,[…]
Leaders Worthy In Character and In Learning
Part of the mystique of the events leading up to and succeeding the annulled presidential elections held June 12 1993, was the unusual succession of moments of truth associated with[…]
Of Miracles And Miracle Compounds
The most recent outbreak of the Ebola haemorrhagic fever has had a most chilling effect. Unlike previous such outbreaks in isolated parts of Africa, where high case fatality rates and[…]