Tag: Henry Boyo
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Photos: Late TNG Columnist, Henry Boyo laid to rest in Lagos
The remains of Sir Henry Olujimi Boyo, a renowned Nigerian economic analyst and columnist with TheNewsGuru.com (TNG), was on Friday, 20th December laid to rest. Recall that Boyo died on Monday, 18th of November after a brief illness. He was aged 71. The funeral service was held at Methodist Cathedral of Peace and Excellence, Awuse…
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TNG Columnist, Henry Boyo for burial December 20
The family of late TNG columnist, Henry Boyo has announced his burial plans. The fearless writer and critic died in the hospital on Monday, November 18 after a brief illness. The family in a statement signed on its behalf by Tsewo Boyo on Monday said the burial arrangements will commence from Thursday 19th December with…
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2020 Budget: Sorry, More of the Same, By Henry Boyo
BY HENRY BOYO The 2020 Appropriation bill, was laid before the National Assembly, on October 8, 2019, by President Muhammed Buhari, who, also instructed all Heads of Ministries and key Departments and Agencies, to make themselves available to defend their respective budgets before Parliament; meanwhile the National Assembly Leadership have suggested that the budget should…
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CBN Claims $2.6bn Not $26bn as Diaspora Remittances!, By Henry Boyo
BY HENRY BOYO In the World Bank’s 2018 report, titled “Nigerians Living abroad sent $22bn home in 2017”, the Bank noted that, the top recipients of Diaspora remittances were India with $69bn, Chile ($64bn), Philippines $33bn, Mexico $31bn, Nigeria $22bn and Egypt $20bn. Notably, however, sub-Sahara Africa, attracts the most expensive average remittance cost at…
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“The 9.6bn P&ID Award: Matters Arising” – Henry Boyo
(A REJOINDER BY ETUBOM ANTHONY A. ANI–MINISTER FOR FINANCE – 1993-98) “As Finance Minister in 1993-1998, I did not enter into any loan agreement since Nigeria did not borrow internally or externally during my tenure. However, I had the opportunity of verifying, analyzing and reassessing the Nation’s debt profile and this involved reading the debt…
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Re:$26bn Diaspora Remittances: Where Are The Dollars?, By Henry Boyo
(A REJOINDER BY ETUBOM ANTHONY A. ANI – FORMER MINISTER OF FINANCE – 1993-1998) “The above question was posed in an article in The Punch Newspaper edition of September 9, 2019, by Columnist, Henry Boyo. I have been a daily reader of Punch for the past 10 years and I have not yet, read any…
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Xenophobia as a symptom for deepening hunger in Africa!, By Henry Boyo
BY HENRY BOYO The latest, widespread, currency of the word, Xenophobia, is, arguably, instigated by media reports in September, 2019, of the looting and burning, of several shops, allegedly, owned in South Africa, by foreign nationals, primarily, from Nigeria, Zimbabwe, Somalia and Ethiopia. Incidentally, xenophobia is defined as “dislike of, or, prejudice against people from…
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$26bn Diaspora remittances: Where are the dollars?, By Henry Boyo
It is now common for thousands of families across Nigeria to be regularly blessed with foreign exchange remittances from their children or relations, who have abandoned the country in search of greener pastures abroad. Notably, such remittances to Nigeria now reportedly exceed $25bn annually. This value exceeds 50 percent of Nigeria’s reserves of $40bn and…
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CBN's Five-Year Plan: Chasing Shadows With A Charmed Audience II, By Henry Boyo
By Henry Boyo The discourse, this week, relates to the implications of the CBN Governor’s plan for banks “to increase their capital base above the present N25bn”, which incidentally, was equivalent, to $195m (N127-N130=$1) in 2004, but has become seriously eroded to barely $75m today! Notwithstanding, CBN Governor, Godwin Emefiele did not reveal how…
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CBN's Five-Year-Plan: Chasing Shadows With a Charmed Audience, By Henry Boyo
The CBN Governor, Godwin Emefiele, reportedly, laid out to journalists, the outline and objectives, of the proposed 5 Years (2019-2024) Policy Thrust of the CBN, in a detailed statement, on Monday 24th June, 2019 in Abuja. Emefiele announced that his team would work closely with the Fiscal Authorities (Government) to ensure macroeconomic stability and promote…