Tag: Henry Boyo
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Oppressive Bank Charges: When Silence Is Not Golden!, By Henry Boyo
BY HENRY BOYO The role of money, when properly managed, will significantly, galvanize the critical factors of production and wealth creation in every nation; in this event, the provision of banking services, is critically necessary to appropriately, manage the flow of money, between all parties to stabilize income values and sustain growth in a modern…
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Will PDP or APC rescue he economy?, By Henry Boyo
BY HENRY BOYO The palpable public anger provoked by the sudden postponement of the Presidential and Federal Legislative elections, in the early hours of February 17, 2019, i.e. barely 6 hours before polling should have commenced, may have since become tempered, even though the perceived odium of this ugly incident may linger for a while.…
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14 Nigerian Banks to enjoy $7b Reserve!, By Henry Boyo
The Chairman of the Special Presidential Panel for Recovery of Public Property, Mr. Okoi Obono-Obla, noted in a NAN report, on (Sept. 7th 2018), in Abuja, that the Agency is continuing its investigations to “recover monies that have been taken away (stolen?) from the people of Nigeria.” According to the Chairman of the Presidential Panel,…
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The Self-Destructive, Unforced Error of Fuel Subsidy, By Henry Boyo
BY HENRY BOYO “The most important question now is: For how long must misguided government economic policies ruin our nation while we do nothing? This year, like others, has only twelve months. At least five will be spent with nobody thinking about how to prevent more deterioration. The remaining seven months cannot possibly reverse the…
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The Pathetic Destiny of Pensioners in Nigeria, By Henry Boyo
By Henry Boyo Our collective sense of compassion may have become dulled, overtime, to media reports and images of emaciated senior citizens collapsing, after waiting endlessly in long queues, under the hot tropical sun, for verification and payment of pension entitlements. In reality, the victims of this oppression, have no ethnic or religious colouration,…
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Wages Advisory Committee as Smokescreen, By Henry Boyo
BY HENRY BOYO President Muhammed Buhari inaugurated a Technical Advisory Committee for the implementation of a National Minimum Wage, on Wednesday 9th January 2019, in Abuja. The occasion offered Mr. President the opportunity to declare his commitment “to a review of the present N18,000 minimum wage.” Consequently, PMB assured workers that “we at the federal…
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Hunting Echoes of a Sage (2), By Henry Boyo
By Henry Boyo The late Prof. Samuel Aluko was probably Nigeria’s best known Economist, until he passed on after 82 years in 2012. In addition to his intellectual prowess as a notable scholar and sage, he also served as Chairman of the National Economic Intelligence Committee, in Abacha’s Administration, and despite Nigeria’s international pariah status,…
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Haunting Echoes of a Sage, By Henry Boyo
The late Prof. Samuel Aluko was probably Nigeria’s best known economist, until he passed on in 2012. In addition to his prowess as a notable scholar and sage, he later served as the Chairman of the National Economic Intelligence Committee, in the Abacha administration, and arguably provided the robust intellectual anchor to the military dictator’s…
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Budget 2019 and the Blind Leading the Blind, By Henry Boyo
By Henry Boyo President Muhammed Buhari, finally laid the 2019 budget before the National Assembly, on Wednesday 19th December 2018; that is, barely 2 days before Parliament vacated for the Year End holidays. Incidentally, there was no apparent regret, nor indeed explanation why this mandatory process took so long; arguably, however, tardy implementation and…
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Where is Budget 2019, By Henry Boyo
By Henry Boyo Nigeria’s fiscal year has since Independence in 1960, remained between January to December, and, senior citizens may indeed, recall the ritual of budget speeches, by the Prime Minister or later Heads of State, on New Year’s Eve or shortly before December 31st, while the nitty-gritty and specific details of each year’s budget…