In 1999 when Waziri Abubakar was sworn into office as Vice President and supposed head of the economic team, inflation rate was 6.9 percent but by 2000, that is a year after, it had risen to 17.8percent.
We have observed the raft of policies’ issuance by the Central Bank of Nigeria (CBN) in its bid to facilitate harmony and stability in the nation foreign exchange market. One of the policies addresses the Net Open Positions of Nigeria Deposit Banks.
In summary, other data have shown that most of the states in the federation are ill managed, reflective of the fact that substantial FAAC allocations received by these states have
The earlier Nigeria begins to exploit OPL 245, the better in view of the country’s commitment to Net zero emissions based on a 2050 Global Energy Transition Plan timeline.
The Independent Media and Policy Initiative (IMPI) has said that the subnational are shirking
their constitutional responsibility by expecting the federal government to solely carry the burden
of easing the current economic situation…