TINUBU’S ECONOMY: TRANSLATING MACROECONOMIC STABILITY TO MICROECONOMIC TRENDS

TINUBU’S ECONOMY: TRANSLATING MACROECONOMIC STABILITY TO MICROECONOMIC TRENDS

ByOlaniyi Onemayin

POLICY STATEMENT O29 BY THE INDEPENDENT MEDIA AND POLICY INITIATIVE (IMPI) TINUBU’S ECONOMY: TRANSLATING MACROECONOMIC STABILITY TO MICROECONOMIC TRENDS Background In 1973, Nigeria formally adopted its crude oil endowment as not just an economic resource but a social intervention national product with the following objectives: to foster industrialisation, promote regional development, and control inflation (Adenikinju,…

Analysis of Tinubunomics and Nigeria’s Emerging Economic Fundamentals: A Note For Domestic And Foreign Investors

Analysis of Tinubunomics and Nigeria’s Emerging Economic Fundamentals: A Note For Domestic And Foreign Investors

Byadmin

POLICY STATEMENT 020 The administration of President Bola Ahmed Tinubu is in its 19th month. We tracked the administration’s economic performance as it heads into its midterm on 29 May. Our findings indicate that the administration is on record to have wrought, arguably, the most significant set of economic reforms. However, the impact of the…

Addressing The Needless Attacks On NBS Data

Addressing The Needless Attacks On NBS Data

Byadmin

On Friday, 22 November, 2024, the National Bureau of Statistics (NBS) circulated data generated from its latest General Household Survey (GHS) Panel (Wave 5). The data paint a damning state of the national economy as encapsulated in the headline of a daily newspaper which gleefully declares: “Hardship: Nigerians now borrow, skip meals for days –…

Tinubu’s Reforms Eschew Populism, Salvaging Economy From Venezuela-Like Disaster

Tinubu’s Reforms Eschew Populism, Salvaging Economy From Venezuela-Like Disaster

Byadmin

We have observed with interest the criticisms that continue to trail the reforms implemented by President Bola Ahmed Tinubu’s administration. Of particular interest are two opinions that gained some traction. One of the critics finds the reforms to be a: “wreckage of the past 15 months, from which the country is reeling.” The other viewpoint,…

Nigeria’s Economy Transiting To Another Model, Not Dysfunctional

Nigeria’s Economy Transiting To Another Model, Not Dysfunctional

Byadmin

Times like this demand nationalistic fervour from citizens, especially those privileged to contribute to setting agenda for national discussion, perception, and perspectives in the public space. The nation is undoubtedly going through a challenging experience as the federal government commits to reforming and rehabilitating the national economy. In this light, it is self-deprecating for some…

Cost Of Living Protest And Tinubunomics: Interrogating President Tinubu’s Response

Cost Of Living Protest And Tinubunomics: Interrogating President Tinubu’s Response

Byadmin

More than a week after the protest tagged “Days of Rage” subsided, we have continued to observe that the underlying sentiments that precipitated the August 1-10 public demonstration against the high cost of living, which turned unruly and fatal, still linger in different quarters of the polity.   As a baseline for our intervention, we note…

Interrogating Ndume’s Self-Serving Agenda

Interrogating Ndume’s Self-Serving Agenda

Byadmin

When a privileged officer of state makes public a determination to talk to power, his intention must be subjected to objective interrogation. As a privileged official, it is natural to assume that such officer had binged on power and manipulated the influence associated with his or her political station to expropriate the commonwealth.  When such…

Atiku Abubakar, Panama Papers and Lagos-Calabar Superhighway

Byadmin

Policy Statement 13 In a criminal court in Panama, the trial of the first batch of 27 individuals accused of money laundering related to the global “Panama Papers” revelations began on Monday, the 8th of April, 2024. The owners of the Mossack-Fonseca legal business, which was central to the major document leak in 2016, are…

Nigerians Deserve More From The Subnationals, Governors Should Live Up To Their Responsibilities To The People

Nigerians Deserve More From The Subnationals, Governors Should Live Up To Their Responsibilities To The People

Byadmin

Policy Statement 05 There has been a growing concern over the dwindling roles of State Governors in the economic affairs of the country since the nation’s return to democracy in 1999. Many of them are on record to have shown limited knowledge of the concept of federalism. It appears that this confounding gubernatorial disposition to…