Nigeria and its different way of getting things done
“That night before the meeting, Sir Abubakar Tafawa Balewa, whom I had visited two years before, gave us a banquet in the hotel. Raja and I were seated opposite a[…]
Category: Analysis
What’s Wrong With Nigeria’s Economy? — Diagnosis from Doctor IMF – Feyi Fawehinmi
From the IMF’s website: Country surveillance is an ongoing process that culminates in regular (usually annual) comprehensive consultations with individual member countries, with discussions in between as needed. The consultations[…]
The Internet of Trolls: #TrollCabal and the Civic Commons
By Yemi Adesanya The internet provides access to a sea of information and affords everyone an opportunity to communicate with almost anyone anywhere in the world. An undergraduate in[…]
The IMF’s 2017 Nigeria Scorecard
I must confess to having looked forward to the publication of details of the IMF’s 2017 Article IV Consultation with Nigeria. For a variety of reasons, really. The fourth article[…]
Why I’m not celebrating the naira’s recovery
Everywhere I went last week, talk was all about how the naira was making a remarkable recovery. How doomsday prophets have been shamed. And, how, finally, the central bank appears[…]
What should the MPC consider and then do?
The Central Bank of Nigeria’s (CBN) rate-setting body (the Monetary Policy Committee – MPC) meets today and tomorrow, to agree policy responses to domestic monetary conditions. And it could be[…]
Making sense of the National Economic Recovery and Growth Plan
My first thoughts on encountering the National Economic Recovery and Growth Plan (NERGP) was that, at 142 pages, it was always going to be a difficult read. Upon reflection, however,[…]
Of Water Rights, Subsidies, and Clean Cars
Recent conversations around how unwashed my vehicle sometimes appears underscored how, even amongst those who ought to know, concern for resource use is the least of our worries. In these[…]
The Naira Fights Back
Mid-last week, the naira rallied very strongly against the dollar — recovering close to 10% of its value. As the week wound to a close, word on the street was[…]
A Toast To N700 To a Dollar By Year End
The naira, last week, ambled past the US$1:N500 mark. Not much to worry over if you share the opinion (quite popular in our official circles) that the black market is[…]