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Academic Irrigation Project: The Only Panacea To Nigeria’s Collapsing Economy -By Bámidélé Adémólá-Olátéjú

Without a viable, advanced economy, what will be the fate of Nigeria when oil runs out or is no longer worth producing? How do we get our leaders to think long term, to think twenty to fifty years down the road? In 2021, the first autonomous (driverless) electric car will be sold in North America. […]

The presidential candidate of Peoples Democratic Party (PDP), Alhaji Atiku Abubakar, itemised his plans on how to get the country working again if elected on February 16. Atiku’s revealed his economic rejuvenation plan of the nation with captain of industries and business moguls in Lagos. At the conference entitled: ‘GETTING NIGERIA’S ECONOMY WORKINg: A Pragmatic […]

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The Small Changes That Can Improve Budget Performance In Nigeria -By Miebara Jato

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Some federal lawmakers in the opposition Peoples Democratic Party (PDP) jeered the president when he presented the 2019 budget on Wednesday. The lawmakers later explained they’d booed the president because the implementation level of the 2018 budget is poor. The lawmakers making budget performance the crux of their anger may sound as dubious as it […]

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Culture and Our Relatively High Business Mortality Rate -By Uddin Ifeanyi

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There’s no question, but that the environment in which small businesses have had to operate in the country is a very difficult one. The shorthand description for this difficulty is a single word: “cost”. High enough to make these businesses uncompetitive domestically, even before cheaper imports are thrown into the mix. Of course, that means […]

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Value Added Tax And Legality Of Sales And Consumption Tax: The Issue Of Double Taxation -By Saints Olanrewaju

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Value Added Tax is an indirect tax levied under the Value Added Tax Act Cap VI, LFN 2004 (as amended 2007). The Act replaced the Sales Tax Act of 1986. The Tax is charged on the supply of all goods and services, other than those exempted. The Vendor has the responsibility to collect it from […]

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Sports Betting, Our Beliefs And Contemporary Global Economy Realities -By Ifeanyichukwu Mmoh

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2The art of betting has – since I was a kid – been regarded as the occupation of the vagabond. Then, whenever players sat and bet; folks seriously condemned any youngster found around their pool shops. I remember a certain man I knew who actually owned the pool shop and who much later translated his […]

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What The 3rd Quarter GDP Numbers Mean -By Uddin Ifeanyi

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Both the anticipatory buzz ahead of the release last week, of output numbers for the economy for the July-September period, by the National Bureau of Statistics (NBS) and the excited conversations which followed, were not justified by the final numbers. In search of positives, there were enough in the NBS’ report. In the third quarter […]

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Re: “It Is Not FG’s Problem If Nigerians Lack Electricity” -By Ettu Mohammed

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Sir, it is sad to say to that you do not know that the federal government of Nigeria has 40% stake in  Disco, Genco and 100% stake in TCN which is the major stumbling block in the power sector. Sir, the problem is shared 60/40 ratio with the businessmen leading the front but what about the […]

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Budget 2018: How Well Are We Doing? -By Uddin Ifeanyi

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The two things that haven’t changed about the Nigerian economy, despite the best intentions of the Buhari government (and its predecessors since the early 1970s) are its structure and revenue mix. Despite accounting for a slowly shrinking share of domestic output, crude oil export earnings still make up the bulk of the federation account revenue. […]

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The Economist And Their Predictions -By Azu Ishiekwene

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It matters a lot to our politicians what the foreign press or agencies say about them, especially about their electoral chances. If foreigners, particularly those in London or New York, say something nice, our politicians take it to heart and repost as far and wide as they can. If not, they get mad. In recent […]

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