Endless borrowing will lead to endless sorrowing
By ATIKU
ABUBAKAR*
John Quincy Adams once said “there are two ways
to conquer and enslave a nation. One is by the sword. The other is by debt.” He
may have very well been referring to Nigeria...
By
Oluwaseyi Awojulugbe/TheCable.ng
The Nigeria Extractive Industries
Transparency Initiative (NEITI) says crude oil and products worth $11 million
is lost to theft and pipeline vandalism daily.
In a policy brief titled ‘Stemming
the increasing cost of oil theft to Nigeria’ released on Wednesday, NEITI said
crude...
By ‘TOSIN ADEOTI
In 1838, Carl Knorr recognized a
problem with cooking in Germany. People wanted their soups to have certain
flavours and would spend hours drying, grinding, boiling vegetables and other
spices to add to their meals. So he created the Knorr...
By ANIEBO NWAMU
Comptroller-general of the Nigeria Customs Service (NCS) Col. Hameed Ali (retd.) stirred the hornet’s nest, last week, by directing customs area controllers at Tin Can Island Port, Apapa, Lagos, to ensure that containers intended for dry ports...
By ANIEBO NWAMU
Good governance is not rocket science but common sense. It is also about having the political will to do the right thing with honesty, checks and balances. For state governments – and local governments where they...
By LOUIS ACHI
In conceptualizing sustainable budgeting and national
development planning templates, hope is certainly not a plan. It’s then little
wonder that, historically, budgeting and national development planning remain twin
‘weapon-grade’ tools progressive nations deploy to confront and destroy
poverty, stunted growth and...
Telecommunications giant MTN Nigeria has listed on the Nigerian Stock Exchange, 18 years after it started doing business in the country as a GSM provider.
MTN
Nigeria, a part of the MTN Group, Africa’s leading cellular
telecommunications company, is the first...
The chairman and founder of Heirs Holdings, My Tony Elumelu, has warned that Nigeria would be unable to keep its investors and entrepreneurs if multiple taxation was not abolished.
The average Nigerian business, he noted, pays 48 taxes.
Delivering the keynote...
By ODILIM ENWEGBARA
I can’t stop wondering why we do this to ourselves and to
the future of our children. No one can tell me that even common sense is not
enough to guide us. If other countries are getting development right...
By ODILIM ENWEGBARA
No modern capitalist economy allows
its forex management policy to be in the hands of just one man – one man so powerful that he decides who gets
the forex and how much. It’s even worse where the one...