Buhari should Phase-Out, Not Remove Petroleum Subsidy

Democratic governments are likely to face two interrelated problems in implementing difficult economic reforms. First, is the unpopularity of these measures among citizens who are likely to shoulder the most burden. Second, is the difficulty in employing a practical approach to implementation. Reforming Nigeria’s money-guzzling fuel subsidy regime, now an urgent matter in the context … More Buhari should Phase-Out, Not Remove Petroleum Subsidy

Fuelling Poverty: a Film on the (Mis)Management of Nigeria’s Oil Wealth

I met Ishaya Bako during my last trip to Nigeria, on 13th January 2013 to be precise, at a lunch appointment with a friend in Wuse, Abuja. When I got to the Salamander Café by late afternoon, my friend was already there with Ishaya and three other people eating and chatting. I joined them, ordered … More Fuelling Poverty: a Film on the (Mis)Management of Nigeria’s Oil Wealth

Nigeria’s Missing Billions and Trillions

It used to be tens of millions of naira and occasionally, hundreds of millions of naira and when a corruption incident amounting to a billion naira was mentioned, we were stunned, disgusted and spoke about it intensely for weeks. Now misappropriation of public funds in Nigeria is recorded in billions and trillions of naira such … More Nigeria’s Missing Billions and Trillions

A Few Weeks’ Silence

Sometimes I wonder if the ancient Chinese prayer that goes thus: “may you live in interesting times” was finally answered in the 21st century with all that is happening around the world at a dizzying pace. Perhaps, it is just that information technology and new media tools have given us access to tons of information we otherwise wouldn’t … More A Few Weeks’ Silence