Etim Etim

Midweek Musings: Why Are We Still Importing Food?

Midweek Musings: Why Are We Still Importing Food?

I woke up this morning with a heavy heart. Nigeria is on my mind. The country has become very poor in recent years. total FX proceeds from crude oil exports expected in 2025 is just about $22 billion. Dangote Group expects to
August 7, 2024
Why Are Banks Against Windfall Tax?

Why Are Banks Against Windfall Tax?

On Wednesday, 31 July, two senior bankers, Tony Elumelu, Chairman of UBA Group and Ladi Balogun, Group Chief Executive of FCMB Holdings, walked into President Tinubu’s office to talk to him about the proposed 70 per cent windfall tax being imposed on
August 5, 2024
Wigwe University Set To Transform Tertiary Education

Wigwe University Set To Transform Tertiary Education

It is reassuring that the Board of Trustees, Governing Council and other stakeholders of Wigwe University are working hard to sustain the university and fulfil the vision of its founder, Herbert Onyewumbu Wigwe, who passed away with his son and wife in
August 2, 2024
Rice Palliatives: Does It Really Help The Poor?

Rice Palliatives: Does It Really Help The Poor?

The big news of the week is that the federal government is distributing 24,000 bags of rice to each state of the federation in a desperate move to stave off mass protests nationwide planned to begin next Thursday. On receiving its share,
July 27, 2024
Akwa Ibom Economy And The Booming Construction Industry

Umo Eno’s 18-storey Lagos Building

I am not surprised that Gov. Umo Eno’s plans to invest in property development in Lagos and a hotel in Abuja has generated some controversy among his people. Few trust their governments in Nigeria; so, every action is taken with a high
July 19, 2024
Forbes List: Dangote Reclaims Richest African Title From South Africa's Johann Rupert

A Sunday With Aliko Dangote

I was one of the 102 senior journalists invited from all over the country to tour the Dangote Fertilizer and Petrochemical Refinery Complex last Sunday and it turned out to be an unbelievably humbling and revealing experience. Unmistakably visible to us was
July 15, 2024
US Election 2024: Biden Wins Primary In Michigan, Amid ‘Uncommitted’ Votes Threat

Managing Political Crisis: How Is Joe Biden Doing?

Every presidential election cycle in the US comes with its own peculiar dramas that sometimes influence the outcomes of the race. Usually, these dramatic events come up in October, a month to the election, giving rise to the term “October Surprise’’ coined
July 9, 2024
Kenya Riots: Nigerians Are Watching

Kenya Riots: Nigerians Are Watching

This week has been particularly raw in Africa. The continent continues to face severe economic challenges, spending more on debt servicing than on health and education. But nothing evoked more emotion than the horror of policemen shooting at rioters on the streets
June 27, 2024
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