by admin | Jun 16, 2020 | BusinessDay; NERC; TCN;, DisCos, EKEDC, FG of Nigeria, FG of Nigeria, GenCos, IMF, Manufacturer Association of Nigeria, Manufacturers Association, NERC, Punch, TCN, ThisDay, Vanguard, World Bank
As Nigeria continues to struggle with the provision of public power supply, there seems an underlining burden, or to borrow the language of electricity – an underlining current – politics. After years of no-light in perpetuity, the government, listening to...
by admin | May 9, 2020 | FG of Nigeria, FG of Nigeria, IMF, IMF
The Nigerian economy adopted the liberalised currency using the Wholesale Dutch Auction System, W.D.A.S., on 29 September 1986. The first currency auction of successful bidders on that day was $1 to N3.00 from $0.68 to N1.00. Nigeria came about this after a national...
by admin | Apr 13, 2020 | FG of Nigeria, FG of Nigeria, IMF, Uncategorized
A tax is a compulsory financial obligation for an individual or a legal entity. It is a charge or some other type of levy, imposed upon a taxpayer by a governmental organisation to fund various public expenditures. A failure to pay, along with evasion of or resistance...
by admin | Mar 6, 2020 | DisCos, EKEDC, FG of Nigeria, FG of Nigeria, GenCo, GenCos, IMF, IMF
If appropriate actions are not taken now, the intractable logjam in the Nigerian power sector may sink Nigeria. Despite the great efforts of experts in the field, growth in the power industry in Nigeria remains stunted. The ominous sign is the shying away of further...
by admin | Oct 17, 2019 | FG of Nigeria, IMF, World Bank
The prolonged global recession of the mid-1980s to early-1990s was a watershed in the lives of most Africans. Most people in Africa watched helplessly, unable to react with decency, as their fortunes took a wrong turn. Sometimes many Africans’ reactions to the...
