J.J. Omojuwa: The Conversation on Fuel Price Hike; Between 2012 and 2016

JJ, Omojuwa

 Having spent a whole week in Germany travelling through villages in Lusatia, Brandenburg and attending lectures in Berlin studying the German Energy Mix for the purpose of understanding lessons Nigeria could learn, today’s article was meant to start a conversation on that but one would be missing an opportunity to address the most pressing issue […]

The Politics of Fuel Pricing: How Nigeria Compares with the Rest of the World

Nigeria's Minister of State for Petroleum at an OPEC meeting in Vienna

 On the 12th of May, 2016 Nigerians woke up to the detestable reality that they will now have to pay ₦145 per litre for Premium Motor Spirit (PMS), otherwise called petrol representing a 40% increase from the previous pump price, ₦86.50 While some are mobilizing for ‘#occupyNigeria season 2′, labour unions in the country are […]

Bukola Ogunyemi: An Inquest Into Nigeria’s Culture Of Corporate Corruption


 According to public finance experts, Nigeria’s federally collected revenue from 1999 to 2014 stood at $690 billion. But you don’t have to live in Nigeria to know N138 trillion worth of human and infrastructural development does not exist anywhere. So how did Nigeria end up with stagnated development, less than appreciable growth, lower foreign reserves […]

Olu Akanmu: Government Must Let The Markets Work


 If there is any lesson the Federal Government must learn from the lingering petrol crisis, in the unabated long queues at our petrol stations, it is that that a government cannot substitute itself for the market no matter the depth of its patriotic intentions.  From the management of the foreign exchange to petrol markets, we […]

JJ, Omojuwa: Letter from Leicester City, to Nigeria


 Just like Leicester City. This will probably become a cliché, as a descriptive line for those who achieve the improbable, especially in sports. The City of Leicester and its stakeholders will not be bothered about the wrong pronunciations; they are the darlings of global sports right now. As far as impossible goes, Leicester City winning […]

Oby Ezekwesili: The Holistic Look At The Nigerian Economy And Its Potentials


 Obiageli ‘Oby’ Ezekwesili, former World Bank Vice President and Co-Founder of global anti-corruption body, Transparency International, gave this presentation on the potentials of the Nigerian economy last Saturday in Abuja. Using China and Singapore as case studies, the renowned public policy advocate examined the harmful effects of protectionism on the Nigerian economy.  

Africapitalism – Do Nigeria’s Big Corporate Fines Signal The End Of ‘Anything Goes’ In Africa?


 The recent sustained attention given to the economic performance of Africa is a sharp departure from the usual negative and patronising representation of the continent in the global media. The old narrative represented a continent riddled by wars, famines, disease and the burdens of poor infrastructure and reckless governments. While many think that the description […]