It is fair to say that most Nigerians do not have a lot of confidence in their government or the direction of their country. Successive military and civilian administrations have come and gone, each promised heaven and earth to Nigerians but those lofty promises have gone unfulfilled. Nigerian elites are experts in drafting all manners …
Tag Archive: economy
Stop Digging Mr. Central Bank Governor
CBN Act of 1958 established the Central Bank of Nigeria which commenced operation on July 1, 1959. As stated in the CBN act of 1958, the major regulatory objectives of the bank is to issue legal tender, maintain external reserves of the country, promote monetary stability and sound financial environment, act as banker of last …
Task Ahead for Re-elected President Goodluck Jonathan
You won May 2011 presidential election fair and square, even though some people and organizations are accusing you of rigging the election. Any impartial observer who watched election returns around the country knows that the result reflected the wishes of Nigerians. President Goodluck Jonathan won in the southern and parts of the northern states …