Build the people. They build the nation. Human capital investments are the most profitable. They deliver the highest returns on investment. A skilled population is a productive one. Skills are treasures; they are the diamond mines of the new age. Nigeria is a country where there is an affluence of unsullied, diverse talents and abilities. Should we not tap and refine these raw gems to their purest and truest value? The place of investment in infrastructure cannot be vitiated or discounted. Investment in infrastructure is an essential ingredient for driving economic growth and development. But investment in infrastructure should go…
Author: Emma Baggi
The government’s ambitious fiscal plan for 2024, amounting to a substantial N27.5 trillion, sets the stage for Nigeria’s economic advancement. Out of this budget, N9.92 trillion is dedicated to regular expenses, N8.25 trillion to pay off debts, and an impressive N8.7 trillion for important investments. It’s evident that almost half of the total money expected is earmarked for settling debts, showcasing the government’s strong commitment in this regard. The projected budget deficit of N9.18 trillion, around 3.88% of the country’s income, marks a decrease from last year’s figures. However, the reliance on methods like borrowing N7.83 trillion, gaining N298.49 billion…
President Bola Tinubu has recently approved the appointment of ten qualified Nigerians to serve on the Board of Directors of the Ministry of Finance Incorporated (MOFI), a corporate body that manages the government’s investments and assets. This is a welcome development that shows the president’s commitment to improving the efficiency and accountability of the public sector. The new board members are drawn from diverse backgrounds and have impressive credentials in the fields of economics, finance, banking, law, energy, and management. They bring a wealth of experience and expertise to the table, as well as a proven track record of delivering…
1. He has little to no support in Zamfara State Dauda Lawal is less than popular in Zamfara. Especially when compared to the support that his rival Matawalle enjoys. Most residents do not know him. What Dauda Lawal leveraged on to earn his victory in Zamfara state was the platform of the PDP. If you ask 20 residents in Zamfara, only 5 would say they know the name Dauda Lawal. 2. He has a huge baggage of corruption and is seen as a thief Dauda Lawal is notorious in the corruption circle. His relationship with fugitive, Diezani Allison Madueke pours…
Nigeria, a nation grappling with security challenges from terrorism to banditry, is in dire need of a formidable defence force. This force, however, is only as strong as the equipment and technology it employs. For too long, Nigeria has leaned on foreign sources for its defence needs, a dependence that has left it vulnerable to supply disruptions, price fluctuations, and quality issues. Our reliance on foreign sources has also stunted our ability to develop our own defence capabilities and innovations, crucial for addressing our unique security challenges. It is in this context that the recent assent of President Bola Tinubu…
According to the Zamfara State Budget Performance Report, the incumbent Governor is seen to have spent over N400 million on local and foreign trips in three months with little to no benefit to the State. Also the Governor has spent, within this same period, the sum of N150 million on welfare. Since Mr Lawal came into office, he has traveled to the United States for the UNGA, a United Nations Development Programme Retreat in Kigali and to attend a meeting with the President of the AfDB in Cote d’Ivoire. It is reported that these trips have gulped a total of…
President Bola Ahmed Tinubu’s attendance at the 10th German-Nigeria Business Forum in Berlin was a pivotal moment witnessing the signing of two groundbreaking Memoranda of Understanding (MoUs) between Union Bank of Nigeria and DWS Group. These MoUs aim to revolutionize the landscape of renewable energy, particularly solar power, in both Nigeria and Germany. The specifics of the first MoU delineate a pathway for energy export from Nigeria to Germany, utilizing the African Continental Free Trade Area (AfCFTA) and the European Union – African Union Partnership. This agreement empowers Union Bank of Nigeria to oversee the exportation of solar-generated electricity to…
In the contemporary landscape of global commerce and international relations, the term “Marketing Nigeria” encapsulates a multifaceted endeavor, one that extends beyond promotional campaigns or branding strategies. It signifies a collective call to illuminate the multifarious riches of a nation teeming with potential and resilience. Michael Nwabufo’s narrative aptly encapsulates the narrative of Nigeria’s promise, its diverse cultural tapestry, and the kaleidoscope of opportunities that await exploration. Nigeria stands as a testament to the prophecy of a glorious destiny, one that’s beginning to take shape under the governance of the Tinubu administration. Nigeria: Illuminating the Path to Global Recognition The…
The last might not have been heard about the alleged purchase of Le Meridien Hotel in Port Harcourt by the former Executive Director of First Bank of Nigeria in charge of Public Sector and current Governor of Zamfara State, Dauda Lawal. According to available facts, Mr Lawal’s ties with the former Minister of Petroleum Resources, Madam Diezani Alison – Madueke, allegedly paved the way for her purchase of the luxurious hotel in Port Harcourt in cash, using the embattled Zamfara Governor as her conduit. Mr. Dauda, sources confirm, was said to have provided the $25 million cash that was paid for…
Residents in three local governments in Zamfara State affected by the Court Order that a re-run be conducted in their local governments have expressed excitement over the likely return of the former Governor and current Minister of Defense, Bello Matawalle. In a statement issued by a group, Maradun for Matawalle Support Group (MMSG) and signed by its Chairman, Alhaji Muhammad Dan Goga, the group stated that the people of the affected communities were overjoyed at the court judgment and looked forward to voting massively for Matawalle who they believed would emerge victorious. The group issued the statement in the wake…