Posts Tagged “Development”
The first reality check is to accept that no leader can do it all. No leader has the monopoly of wisdom and nobody should try to pin that on any of our leaders and seek to transform them into what they are not. Once we understand that the President is not a magician or sorcerer, we can begin to appreciate his limitations and not be overly expectant of miracles.
According to him, new areas of opportunity are emerging across a variety of sectors as Nigeria develops and grows. “Opportunities exist across sectors such as agriculture, infrastructure, technology, solid minerals, education and training, among others,” he said. Howell said the successful 2015 presidential election had helped to solidify Nigeria’s democratic credentials, adding with just over a year in government, the administration had made meaningful strides. “The extent of success for trade and investment will of course also depend on the success of President Muhammadu Buhari’s reforms.
The country’s economy is also stumbling because of policy failures by the government of Muhammadu Buhari. Currency policies and import controls he enacted have led to capital flight and stalling investment. The President was elected on a tough, anti-corruption ticket, and seen as a counterpoint to the lackadaisical approach adopted by his misnamed predecessor, Goodluck Jonathan. Mr Buhari’s assault on corruption seems genuine, but his economic stewardship has so far been woeful, even for allowing the dastardly hand he has been given. In the first quarter of this year, Nigeria contracted by 0.36 per cent. In the decade to 2014, it grew at an average seven per cent. For the 174 million people of this country, that slowdown is appalling.
Amy Jadesimi Nigeria lies on the cusp of greatness, having natural and human resources in abundance and with an economy that has boomed in the past decade, growing by some 7% annually. This, in turn, means that it has the potential to achieve the UN Sustainable Development Goals (SDGs) by 2030 and lift millions of…
The economy of Lagos State got a boost in February with the participation of 20,000 marathoners in the revived Lagos marathon. It is an international sporting event, which the state government has vowed to sustain. Kenya’s Abraham Kiptom won the race, and went home with the $50,000 prize money. His fellow Kenyan, Hosea Kipkembe, ($40,000) and an Ethiopian, Debebe Toise, ($30,000) came second and third respectively.
Even if endowed with the gift of clairvoyance, it could hardly have crossed the mind of President Muhammadu Buhari when he assumed office as President of the most populous black nation in the world that his first 12 months in power would be hallmarked by a most harrowing experience in economic management. Bubbling with the…
It is not unreasonable to argue that there was no goodwill toward the country and her leaders at the time. Following the emergence of President Muhammadu Buhari as President of Nigeria, there has been a demonstration of tremendous goodwill towards him as a person, and because of him, to the country at large. Critics may be tempted to gloss over this or even take it for granted, but one cannot put a price tag to the goodwill or the benefits that have accrued from it.
Lagos Signs N844bn MoU On 4th Mainland Bridge In what is set to become a major milestone achievement in its 50 years of existence, the Lagos State Government on Wednesday signed a Memorandum of Understanding (MoU) to kick-start the construction of the 38km 4th Mainland Bridge, expected to bring a 14-year old dream to reality….
She adding that the Federal Government is already investing in technology to boost the efficiency of our collections. According to her, some of the recent initiatives being implemented in the Ministry of Finance mean that it is now virtually impossible to obtain a payment from the Federal Government without being fully taxed compliant.
The Minister reiterated that the Ministry of Transportation has not been able to take full charge of land transportation due to lack of relevant and appropriate policy guidelines for necessary administrative management of the sector. He regretted the gap created presently which is hampering the efforts of the Ministry at revamping the sector.