By Aniekan Ezekiel What happens when legacy meets preparedness? What results from such a combination? Let us not be in a hurry to put forward any answers yet. Instead, let us consider first the opposite situation: When legacy meets unpreparedness. The world abounds in examples of this distressing situation. A[Read More…]
Author: Godwin Anyebe
When Power Matters More: The Rise of Opportunistic Politics in Nigeria
In recent months, a marked increase in party-switching has been observed, particularly from the major opposition parties — the Peoples Democratic Party (PDP), Labour Party (LP), and the New Nigeria Peoples Party (NNPP) — into the ruling All Progressives Congress (APC). This political movement underscores a system where personal ambition[Read More…]
Manufacturing Sector: Battling Headwinds, Seeking Sunlight in a Shifting Economy
Nigeria’s manufacturing sector stands at a critical juncture. For years, it has weathered a barrage of challenges, from crippling infrastructure deficits and inconsistent power supply to the vagaries of a fluctuating currency and the relentless competition from cheaper imports. Yet, amidst these persistent headwinds, there are flickers of resilience, a[Read More…]
Nigeria First’ in Action: Examining the Impact of the New Policy on Local Industries
In a bold move to stimulate domestic production and foster economic self-reliance, the Nigerian government has officially rolled out its “Nigeria First” policy. This ambitious initiative prioritizes the procurement and utilization of locally made goods and services across various sectors. While the policy has been met with cautious optimism by[Read More…]
Nigeria Secures Fresh World Bank Loan: A Boost for Infrastructure and Social Programs?
Nigeria has recently secured a significant loan from the World Bank, a development poised to inject much-needed capital into the nation’s infrastructure and social programs. This financial boost arrives at a critical juncture, as the country grapples with infrastructural deficits and seeks to bolster its social safety nets to support[Read More…]
Post-Subsidy Gains: Investors Eyeing a Reformed Economy
Nigeria’s bold economic reforms—removal of fuel subsidies and unification of the exchange rate—have ignited investor optimism, signaling a transformative shift towards a more resilient and diversified economy. The unification of Nigeria’s exchange rate, eliminating the dual-window system, has enhanced transparency and liquidity in the foreign exchange market. This move has[Read More…]
Oil Production Surge – A Glimmer of Hope or Fool’s Gold?
Nigeria’s recent surge in oil production has undoubtedly sent ripples of cautious optimism through the nation’s economic landscape. After years of struggling with dwindling output due to pipeline vandalism, underinvestment, and operational challenges, the reported increase offers a tantalizing prospect: boosted revenue and a potential resurgence in investor confidence. But[Read More…]
Naira Gains Ground: Is Stability on the Horizon?
For a nation long accustomed to the naira’s volatile dance against major global currencies, recent trends offer a glimmer of hope. The Nigerian naira has, in recent months, shown signs of strengthening and relative stability, sparking cautious optimism about the future of the nation’s currency and its broader economic implications.[Read More…]
The Unfolding Security Crisis: From Benue Farms to Digital Battlefronts
In Nigeria, the concept of security is undergoing a profound and multifaceted transformation. Traditionally understood through the lens of physical safety and territorial integrity, the nation’s security challenges now extend far beyond its geographical borders and into the intricate web of the digital realm. From the fertile farmlands of Benue[Read More…]
Minimum Wage Debate: Balancing Workers’ Welfare and Economic Viability
The discourse surrounding minimum wage policies is a perennial fixture in economic and political arenas worldwide. At its core, the debate hinges on two pivotal concerns: ensuring fair compensation for workers and maintaining the economic health of businesses. Striking a balance between these objectives is essential for fostering a sustainable[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]