Our Government, its Experts, and the Economy
The media were awash, last week, with news of the federal government’s decision to turn to “economic experts” to help it out of the cul-de-sac into which it has run[…]
Are we listening?
The media were awash, last week, with news of the federal government’s decision to turn to “economic experts” to help it out of the cul-de-sac into which it has run[…]
One of the tougher decisions, which most Nigerians have to make on a daily basis is the one that commits to above-board general conduct. In other words, to do “proper[…]
The Monetary Policy Committee (MPC) meets today and tomorrow amidst a growing consensus on its impotence in the face of the major economic pressure points facing the economy. The economic[…]
A fondness for bolting the stable doors days after the horses have fled has long been a local shortcoming. The Buhari administration has, however, elevated this national penchant to statecraft.[…]
Can governments be business-friendly while remaining hostile to properly functioning markets? Both the crises currently confronting the economy and the laboured response of the incumbent federal government to these strip[…]
It would seem that a crisis afflicts the Central Bank of Nigeria’s (CBN) recently re-introduced interbank market for foreign exchange. Given the paucity of funds available to the central bank[…]
In the immediate aftermath of comments by Ben Bernanke on May 21, 2013 indicating that the U.S. Federal Reserve Bank (the board of which he was then chair of) was[…]
For the second time in as many months, I find myself in near complete agreement with the policy thrust of the incumbent administration. One may cavil at the elaborate procedures[…]
For a government that came in to office on the back of its “change” credentials, the Buhari administration is a pretty conservative animal. Its gut instincts are to keep the[…]
I could not conceive of a better opening for this piece than the following fable. A colleague (we will call him “Abu-Bakr” for convenience) is informed that he has won[…]