BUSINESS

Ajaokuta Steel Company

End This Ajaokuta Pipe Dream Now

Punch Editorial Board THE President, Major General Muhammadu Buhari (retd.), who rode to power promising change, has exposed himself as not different from his predecessors as evidenced by his lacklustre, unimaginative, and insipid handling of…


Reno Omokri

Internet Mining Is The Antidote To Poverty

By  Reno Omokri In today’s world, except in very few circumstances, poverty is a lifestyle choice, or a function of ignorance, because there are endless opportunities to create wealth with minimal effort and average intellectual…



Naira and Dollar

Naira Depreciates By 209% In Six Years

CBN Defends Currency With $130bn, Rolls Out Tens Of Policies By Sulaimon Olanrewaju  DESPITE the over $130bn deployed by the Central Bank of Nigeria (CBN) to defend the naira and a myriad of policies churned…



Wike, Sanwo-Olu and other Governors

FG, Lagos And The VAT Debate

By Tayo Ogunbiyi It is no longer news that a Federal High Court in Port Harcourt has ruled that states, and not the Federal Inland Revenue Service (FIRS), should be collecting Value Added Tax (VAT)…


Nigeria

Nigerian States’ IGR Earning Is Pitiful

By E.E. Okpa According to a recent Economic Confidential study, Nigerian states plus the Federal Capital Territory, Abuja generated N1.3tn in Internally Generated Revenue. Or, an equivalent of about $2.5bn. The IGR is a statutory…



Palm Oil Production

Reviving Palm Oil Production And Exports

By Punch Editorial Board AMID dwindling public revenues, continued reliance on crude oil earnings and complacency by state governments, a commitment by the Edo State Government and the Central Bank of Nigeria to revitalise oil…